Polaris (NYSE:PII) Coverage Initiated by Analysts at Wells Fargo & Company

Wells Fargo & Company initiated coverage on shares of Polaris (NYSE:PII) in a research report released on Wednesday morning, MarketBeat.com reports. The firm issued an equal weight rating and a $52.00 target price on the stock.

Other research analysts also recently issued research reports about the stock. Morgan Stanley lowered their price objective on shares of Polaris from $81.00 to $74.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 17th. Loop Capital began coverage on shares of Polaris in a research report on Thursday, November 13th. They set a “hold” rating and a $59.00 target price for the company. Zacks Research lowered shares of Polaris from a “strong-buy” rating to a “hold” rating in a report on Friday, December 12th. Roth Mkm reaffirmed a “neutral” rating on shares of Polaris in a research report on Wednesday, January 28th. Finally, Royal Bank Of Canada decreased their price objective on Polaris to $67.00 and set a “sector perform” rating for the company in a report on Tuesday, January 27th. Twelve equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Reduce” and an average price target of $58.45.

Polaris Stock Performance

Shares of Polaris stock opened at $53.44 on Wednesday. The business has a 50-day simple moving average of $65.35 and a 200 day simple moving average of $64.11. Polaris has a one year low of $30.92 and a one year high of $75.25. 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 firm has a market capitalization of $3.03 billion, a price-to-earnings ratio of -6.53 and a beta of 1.19.

Polaris (NYSE:PII) last announced its quarterly earnings data on Tuesday, January 27th. The company reported $0.08 EPS for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $1.82 billion. During the same quarter last year, the firm posted $0.92 earnings per share. 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. On average, research analysts anticipate that Polaris will post 1.11 earnings per share for the current fiscal year.

Polaris Increases Dividend

The company 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. This represents a $2.72 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date of this dividend is Monday, March 2nd. This is a positive change from Polaris’s previous quarterly dividend of $0.67. Polaris’s payout ratio is currently -33.25%.

Insiders Place Their Bets

In other news, CEO Michael T. Speetzen sold 35,086 shares of the business’s stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $66.83, for a total value of $2,344,797.38. Following the transaction, the chief executive officer owned 136,362 shares in the company, valued at $9,113,072.46. The trade was a 20.46% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP James P. Williams sold 5,243 shares of the stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $67.17, for a total value of $352,172.31. Following the sale, the senior vice president directly owned 48,645 shares of the company’s stock, valued at $3,267,484.65. The trade was a 9.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 50,419 shares of company stock valued at $3,371,183 in the last 90 days. 3.12% of the stock is currently owned by corporate insiders.

Institutional Trading of Polaris

A number of large investors have recently added to or reduced their stakes in the stock. Federated Hermes Inc. raised its stake in Polaris by 109.2% in the 3rd quarter. Federated Hermes Inc. now owns 144,056 shares of the company’s stock valued at $8,374,000 after acquiring an additional 75,185 shares during the period. Mitsubishi UFJ Trust & Banking Corp purchased a new position in shares of Polaris in the third quarter worth about $1,610,000. Nomura Holdings Inc. bought a new stake in shares of Polaris in the second quarter valued at approximately $5,009,000. Nisa Investment Advisors LLC raised its position in shares of Polaris by 1,116.4% in the third quarter. Nisa Investment Advisors LLC now owns 45,431 shares of the company’s stock valued at $2,641,000 after purchasing an additional 41,696 shares during the period. Finally, Convergence Investment Partners LLC purchased a new stake in shares of Polaris during the 3rd quarter valued at approximately $979,000. Hedge funds and other institutional investors own 88.06% 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.