Citigroup Inc. Has $13.56 Million Stock Holdings in Polaris Inc. $PII

Citigroup Inc. boosted its stake in Polaris Inc. (NYSE:PII) by 113.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 233,319 shares of the company’s stock after purchasing an additional 123,776 shares during the period. Citigroup Inc. owned about 0.41% of Polaris worth $13,563,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Goldman Sachs Group Inc. lifted its stake in shares of Polaris by 677.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 544,295 shares of the company’s stock valued at $22,283,000 after acquiring an additional 474,259 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Polaris by 27.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 183,289 shares of the company’s stock worth $7,504,000 after purchasing an additional 39,584 shares in the last quarter. AlphaQuest LLC raised its position in Polaris by 153.5% in the second quarter. AlphaQuest LLC now owns 3,584 shares of the company’s stock valued at $146,000 after purchasing an additional 2,170 shares during the last quarter. State of New Jersey Common Pension Fund D boosted its stake in shares of Polaris by 14.1% during the second quarter. State of New Jersey Common Pension Fund D now owns 47,998 shares of the company’s stock valued at $1,951,000 after purchasing an additional 5,943 shares in the last quarter. Finally, Focus Partners Advisor Solutions LLC boosted its stake in shares of Polaris by 55.9% during the second quarter. Focus Partners Advisor Solutions LLC now owns 10,538 shares of the company’s stock valued at $428,000 after purchasing an additional 3,777 shares in the last quarter. Institutional investors own 88.06% of the company’s stock.

Polaris Price Performance

Shares of NYSE PII opened at $60.72 on Friday. 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 company has a market capitalization of $3.44 billion, a PE ratio of -7.42 and a beta of 1.19. The firm has a fifty day simple moving average of $67.07 and a 200 day simple moving average of $64.15. Polaris Inc. has a twelve month low of $30.92 and a twelve month high of $75.25.

Polaris (NYSE:PII) 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. Polaris had a negative return on equity of 0.05% and a negative net margin of 6.51%.The firm had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.82 billion. During the same period last year, the company posted $0.92 EPS. The business’s quarterly revenue was up 9.5% on a year-over-year basis. 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 firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be issued a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date is Monday, March 2nd. This is a positive change from Polaris’s previous quarterly dividend of $0.67. Polaris’s dividend payout ratio (DPR) is currently -32.76%.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Loop Capital assumed coverage on Polaris in a research note on Thursday, November 13th. They issued a “hold” rating and a $59.00 price objective for the company. Royal Bank Of Canada decreased their price target on shares of Polaris to $67.00 and set a “sector perform” rating for the company in a research report on Tuesday, January 27th. Seaport Research Partners upgraded shares of Polaris to a “strong-buy” rating in a report on Thursday, January 8th. Weiss Ratings cut shares of Polaris from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, February 17th. Finally, Zacks Research lowered Polaris from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 12th. Eleven investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce” and an average price target of $59.10.

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 Polaris stock in a transaction on Wednesday, February 11th. The shares were 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 directly owned 136,362 shares of the company’s stock, valued at approximately $9,113,072.46. This trade represents a 20.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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.

Polaris 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.