Allianz Asset Management GmbH Has $3.34 Million Position in Polaris Inc. $PII

Allianz Asset Management GmbH cut its stake in shares of Polaris Inc. (NYSE:PIIFree Report) by 71.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 57,512 shares of the company’s stock after selling 142,031 shares during the quarter. Allianz Asset Management GmbH owned 0.10% of Polaris worth $3,343,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Harbor Capital Advisors Inc. bought a new stake in shares of Polaris during the third quarter worth $26,000. Parkside Financial Bank & Trust boosted its holdings in shares of Polaris by 371.4% during the 2nd quarter. Parkside Financial Bank & Trust now owns 693 shares of the company’s stock valued at $28,000 after acquiring an additional 546 shares in the last quarter. EMC Capital Management bought a new stake in Polaris during the 2nd quarter worth $36,000. Quent Capital LLC acquired a new position in Polaris in the 3rd quarter worth about $37,000. Finally, Huntington National Bank increased its holdings in Polaris by 218.0% in the 2nd quarter. Huntington National Bank now owns 1,062 shares of the company’s stock worth $43,000 after purchasing an additional 728 shares in the last quarter. Institutional investors own 88.06% of the company’s stock.

Insider Buying and Selling at Polaris

In related news, SVP James P. Williams sold 5,243 shares of the business’s stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $67.17, for a total transaction of $352,172.31. Following the transaction, the senior vice president owned 48,645 shares in the company, valued at $3,267,484.65. The trade was a 9.73% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 3.12% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

PII has been the topic of several research reports. Loop Capital started coverage on Polaris in a report on Thursday, November 13th. They set a “hold” rating and a $59.00 price target on the stock. Roth Mkm reissued a “neutral” rating on shares of Polaris in a report on Wednesday, January 28th. Citigroup raised their price target on shares of Polaris from $60.00 to $71.00 and gave the company a “neutral” rating in a research note on Thursday, October 30th. Royal Bank Of Canada cut their price target on shares of Polaris to $67.00 and set a “sector perform” rating on the stock in a report on Tuesday, January 27th. Finally, Seaport Research Partners upgraded Polaris to a “strong-buy” rating in a report on Thursday, January 8th. Twelve investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $59.80.

Check Out Our Latest Stock Analysis on Polaris

Polaris Price Performance

Shares of NYSE PII opened at $66.89 on Thursday. The company has a market capitalization of $3.76 billion, a PE ratio of -8.18, a P/E/G ratio of 2.42 and a beta of 1.19. The company has a quick ratio of 0.35, a current ratio of 0.98 and a debt-to-equity ratio of 1.81. Polaris Inc. has a twelve month low of $30.92 and a twelve month high of $75.25. The firm has a fifty day simple moving average of $67.96 and a 200 day simple moving average of $63.19.

Polaris (NYSE:PIIGet Free Report) last posted its quarterly earnings data on Tuesday, January 27th. The company reported $0.08 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.02. The firm had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.82 billion. Polaris had a negative return on equity of 0.05% and a negative net margin of 6.51%.The business’s quarterly revenue was up 9.5% on a year-over-year basis. During the same period last year, the company posted $0.92 EPS. Polaris has set its FY 2026 guidance at 1.500-1.600 EPS and its Q1 2026 guidance at 0.450-0.450 EPS. On average, sell-side analysts forecast that Polaris Inc. will post 1.11 EPS for the current year.

Polaris Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 2nd will be given a dividend of $0.68 per share. This is a positive change from Polaris’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $2.72 annualized dividend and a dividend yield of 4.1%. Polaris’s payout ratio is -32.76%.

Polaris Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Polaris (NYSE:PII)

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