Federated Hermes Inc. Purchases 75,185 Shares of Polaris Inc. $PII

Federated Hermes Inc. raised its position in Polaris Inc. (NYSE:PII) by 109.2% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 144,056 shares of the company’s stock after purchasing an additional 75,185 shares during the period. Federated Hermes Inc. owned approximately 0.26% of Polaris worth $8,374,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of the company. Nomura Holdings Inc. acquired a new position in shares of Polaris in the second quarter valued at approximately $5,009,000. Nisa Investment Advisors LLC lifted its position in Polaris by 1,116.4% in the 3rd quarter. Nisa Investment Advisors LLC now owns 45,431 shares of the company’s stock valued at $2,641,000 after acquiring an additional 41,696 shares in the last quarter. Versor Investments LP acquired a new position in Polaris in the 2nd quarter worth $211,000. KPP Advisory Services LLC bought a new position in Polaris during the 2nd quarter worth about $274,000. Finally, Allworth Financial LP raised its stake in shares of Polaris by 577.1% in the 2nd quarter. Allworth Financial LP now owns 8,193 shares of the company’s stock valued at $333,000 after purchasing an additional 6,983 shares during the period. 88.06% of the stock is currently owned by institutional investors and hedge funds.

Polaris Trading Down 1.5%

Shares of Polaris stock opened at $63.68 on Monday. Polaris Inc. has a 12-month low of $30.92 and a 12-month high of $75.25. The company has a quick ratio of 0.35, a current ratio of 0.98 and a debt-to-equity ratio of 1.81. The business’s 50 day moving average is $67.69 and its 200-day moving average is $62.26. The stock has a market cap of $3.58 billion, a P/E ratio of -7.78, a P/E/G ratio of 2.14 and a beta of 1.19.

Polaris (NYSE:PII) last issued its earnings results on Tuesday, January 27th. The company reported $0.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.06 by $0.02. The business had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.82 billion. Polaris had a negative net margin of 6.51% and a negative return on equity of 0.05%. The firm’s revenue for the quarter was up 9.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.92 earnings per share. Polaris has set its FY 2026 guidance at 1.500-1.600 EPS and its Q1 2026 guidance at 0.450-0.450 EPS. Equities research analysts predict that Polaris Inc. will post 1.11 earnings per share for the current fiscal year.

Polaris Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be paid a $0.68 dividend. This is an increase from Polaris’s previous quarterly dividend of $0.67. The ex-dividend date is Monday, March 2nd. This represents a $2.72 annualized dividend and a yield of 4.3%. Polaris’s dividend payout ratio (DPR) is -32.76%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on PII. Morgan Stanley increased their price objective on Polaris from $72.00 to $81.00 and gave the stock an “equal weight” rating in a report on Friday, January 16th. BMO Capital Markets reaffirmed a “market perform” rating and set a $70.00 price target on shares of Polaris in a research report on Wednesday, October 29th. Roth Mkm reiterated a “neutral” rating on shares of Polaris in a report on Wednesday. Zacks Research cut shares of Polaris from a “strong-buy” rating to a “hold” rating in a report on Friday, December 12th. Finally, Robert W. Baird raised their target price on shares of Polaris from $55.00 to $60.00 and gave the company a “neutral” rating in a research report on Monday, October 6th. Twelve investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Polaris presently has a consensus rating of “Hold” and a consensus price target of $59.80.

Insider Buying and Selling

In other Polaris news, SVP James P. Williams sold 4,554 shares of the business’s stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $67.53, for a total transaction of $307,531.62. Following the transaction, the senior vice president owned 43,878 shares of the company’s stock, valued at $2,963,081.34. The trade was a 9.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 3.12% of the company’s stock.

Polaris Company Profile

Polaris Inc, founded in 1954 and headquartered in Medina, Minnesota, is a diversified manufacturer of powersports vehicles and related products. Initially gaining prominence with its snowmobiles, Polaris expanded its portfolio over the decades to include all-terrain vehicles (ATVs), side-by-side off-road vehicles, and motorcycles. The company’s legacy in recreational and utility vehicle innovation stems from early engineering breakthroughs that established Polaris as a leading name in off-road mobility.

Today, Polaris offers a broad range of products under well-known brands such as Polaris RANGER and POLARIS SPORTSMAN for utility and recreation markets, Slingshot three-wheel roadsters for on-road enthusiasts, and the Indian Motorcycle brand for premium two-wheeled touring and cruiser segments.