Polaris Inc. (NYSE:PII) Receives Average Rating of “Reduce” from Brokerages

Polaris Inc. (NYSE:PII) has received a consensus recommendation of “Reduce” from the twelve research firms that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating and eleven have assigned a hold rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $59.10.

Several equities research analysts have recently weighed in on PII shares. Zacks Research cut shares of Polaris from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 12th. 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 research report on Tuesday, January 27th. Loop Capital initiated coverage on Polaris in a report on Thursday, November 13th. They set a “hold” rating and a $59.00 price target for the company. Roth Mkm reissued a “neutral” rating on shares of Polaris in a research report on Wednesday, January 28th. Finally, Seaport Research Partners raised Polaris to a “strong-buy” rating in a research note on Thursday, January 8th.

Insider Transactions at Polaris

In related news, insider Benjamin D. Duke sold 10,090 shares of the stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $66.82, for a total transaction of $674,213.80. Following the transaction, the insider directly owned 30,242 shares of the company’s stock, valued at $2,020,770.44. This represents a 25.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Michael T. Speetzen sold 35,086 shares of the firm’s stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $66.83, for a total transaction of $2,344,797.38. Following the completion of the sale, the chief executive officer owned 136,362 shares of the company’s stock, valued at $9,113,072.46. The trade was a 20.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 54,973 shares of company stock valued at $3,678,715 in the last quarter. 3.12% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Polaris

A number of institutional investors and hedge funds have recently made changes to their positions in PII. Invesco Ltd. grew its stake in shares of Polaris by 79.2% in the 4th quarter. Invesco Ltd. now owns 1,065,910 shares of the company’s stock valued at $67,419,000 after buying an additional 471,106 shares during the period. Corient Private Wealth LLC boosted its holdings in Polaris by 179.5% in the fourth quarter. Corient Private Wealth LLC now owns 32,920 shares of the company’s stock worth $2,082,000 after acquiring an additional 21,142 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its holdings in Polaris by 28.4% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 12,650 shares of the company’s stock worth $800,000 after acquiring an additional 2,799 shares in the last quarter. Fuller & Thaler Asset Management Inc. acquired a new stake in Polaris in the fourth quarter valued at approximately $81,447,000. Finally, Empowered Funds LLC increased its holdings in shares of Polaris by 4.7% during the fourth quarter. Empowered Funds LLC now owns 7,615 shares of the company’s stock valued at $482,000 after acquiring an additional 343 shares in the last quarter. Institutional investors own 88.06% of the company’s stock.

Polaris Price Performance

Shares of PII opened at $63.89 on Friday. The business has a 50-day moving average of $67.25 and a 200-day moving average of $64.09. The company has a debt-to-equity ratio of 1.81, a current ratio of 0.98 and a quick ratio of 0.35. The company has a market capitalization of $3.62 billion, a price-to-earnings ratio of -7.81 and a beta of 1.19. Polaris has a 1 year low of $30.92 and a 1 year high of $75.25.

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

Polaris Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be paid a $0.68 dividend. This represents a $2.72 annualized dividend and a yield of 4.3%. This is a boost from Polaris’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend is Monday, March 2nd. Polaris’s payout ratio is presently -32.76%.

About Polaris

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.