American Century Companies Inc. Increases Stock Position in Polaris Inc. $PII

American Century Companies Inc. increased its position in Polaris Inc. (NYSE:PII) by 24.2% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 1,450,670 shares of the company’s stock after purchasing an additional 282,570 shares during the period. American Century Companies Inc. owned 2.58% of Polaris worth $84,328,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in PII. State Street Corp increased its position in Polaris by 15.7% during the second quarter. State Street Corp now owns 3,137,866 shares of the company’s stock worth $127,554,000 after buying an additional 426,482 shares during the period. AQR Capital Management LLC boosted its holdings in shares of Polaris by 564.8% in the second quarter. AQR Capital Management LLC now owns 1,752,801 shares of the company’s stock valued at $70,673,000 after acquiring an additional 1,489,157 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Polaris by 44.5% in the second quarter. Geode Capital Management LLC now owns 1,311,659 shares of the company’s stock valued at $53,326,000 after acquiring an additional 404,178 shares during the period. Bank of New York Mellon Corp grew its position in shares of Polaris by 51.5% during the second quarter. Bank of New York Mellon Corp now owns 1,151,301 shares of the company’s stock worth $46,800,000 after acquiring an additional 391,209 shares during the last quarter. Finally, ProShare Advisors LLC increased its holdings in shares of Polaris by 98.0% in the 2nd quarter. ProShare Advisors LLC now owns 1,119,487 shares of the company’s stock valued at $45,507,000 after acquiring an additional 553,964 shares during the period. 88.06% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Polaris

In other news, insider Benjamin D. Duke sold 10,090 shares of the stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $66.82, for a total value of $674,213.80. Following the completion of the transaction, the insider owned 30,242 shares in the company, valued at $2,020,770.44. This trade represents a 25.02% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Michael T. Speetzen sold 35,086 shares of the firm’s stock in a transaction dated 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 owned 136,362 shares of the company’s stock, valued at $9,113,072.46. This trade represents a 20.46% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 54,973 shares of company stock valued at $3,678,715. 3.12% of the stock is owned by company insiders.

Polaris Trading Down 2.8%

NYSE PII opened at $57.33 on Wednesday. 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 stock has a market capitalization of $3.25 billion, a P/E ratio of -7.01 and a beta of 1.19. Polaris Inc. has a 52-week low of $30.92 and a 52-week high of $75.25. The firm has a 50-day moving average price of $66.68 and a 200 day moving average price of $64.24.

Polaris (NYSE:PII) last announced its quarterly earnings data 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. The company had revenue of $1.92 billion for 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 firm’s revenue for the quarter was up 9.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $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. Equities research analysts expect that Polaris Inc. will post 1.11 EPS for the current year.

Polaris Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be given a $0.68 dividend. The ex-dividend date is Monday, March 2nd. This is a positive change from Polaris’s previous quarterly dividend of $0.67. This represents a $2.72 annualized dividend and a yield of 4.7%. Polaris’s dividend payout ratio (DPR) is currently -33.25%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on PII. Morgan Stanley decreased their price target on shares of Polaris from $81.00 to $74.00 and set an “equal weight” rating for the company in a research note on Tuesday, February 17th. Royal Bank Of Canada dropped their price objective on shares of Polaris to $67.00 and set a “sector perform” rating on the stock in a research note on Tuesday, January 27th. Roth Mkm reiterated a “neutral” rating on shares of Polaris in a research note on Wednesday, January 28th. Weiss Ratings lowered Polaris from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, February 17th. Finally, Seaport Research Partners upgraded Polaris to a “strong-buy” rating in a research report on Thursday, January 8th. Eleven investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Polaris currently has an average rating of “Reduce” and an average target price of $59.10.

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.