SG Americas Securities LLC Buys 15,726 Shares of Polaris Inc. $PII

SG Americas Securities LLC grew its stake in Polaris Inc. (NYSE:PII) by 130.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,774 shares of the company’s stock after purchasing an additional 15,726 shares during the period. SG Americas Securities LLC’s holdings in Polaris were worth $1,757,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. AQR Capital Management LLC lifted its stake in Polaris by 564.8% in the 2nd quarter. AQR Capital Management LLC now owns 1,752,801 shares of the company’s stock valued at $70,673,000 after purchasing an additional 1,489,157 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Polaris by 677.2% during the first quarter. Goldman Sachs Group Inc. now owns 544,295 shares of the company’s stock worth $22,283,000 after buying an additional 474,259 shares during the last quarter. State Street Corp increased its holdings in shares of 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 in the last quarter. Pacer Advisors Inc. bought a new position in shares of Polaris in the 3rd quarter valued at $22,854,000. Finally, Holocene Advisors LP lifted its stake in shares of Polaris by 184.3% in the 2nd quarter. Holocene Advisors LP now owns 464,469 shares of the company’s stock valued at $18,881,000 after acquiring an additional 301,105 shares during the last quarter. 88.06% of the stock is currently owned by institutional investors and hedge funds.

Polaris Stock Up 0.3%

Shares of NYSE:PII opened at $54.20 on Monday. The firm has a market cap of $3.07 billion, a P/E ratio of -6.63 and a beta of 1.17. 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 12-month low of $30.92 and a 12-month high of $75.25. The business has a fifty day simple moving average of $60.03 and a 200 day simple moving average of $63.68.

Polaris (NYSE:PII) last announced its earnings results on Tuesday, January 27th. The company reported $0.08 EPS 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 for the quarter, compared to the consensus estimate of $1.82 billion. During the same period in the previous year, the business earned $0.92 EPS. The business’s quarterly revenue 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. Analysts predict that Polaris Inc. will post 1.11 earnings per share for the current year.

Polaris Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were given a dividend of $0.68 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $2.72 dividend on an annualized basis and a yield of 5.0%. This is a boost from Polaris’s previous quarterly dividend of $0.67. Polaris’s payout ratio is currently -33.25%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Royal Bank Of Canada cut their price objective on Polaris to $67.00 and set a “sector perform” rating on the stock in a report on Tuesday, January 27th. Roth Mkm reiterated a “neutral” rating on shares of Polaris in a research report on Wednesday, January 28th. Zacks Research lowered Polaris from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 12th. Morgan Stanley lowered their price objective on Polaris from $81.00 to $74.00 and set an “equal weight” rating for the company in a research note on Tuesday, February 17th. Finally, Wells Fargo & Company assumed coverage on shares of Polaris in a report on Wednesday, March 11th. They issued an “equal weight” rating and a $52.00 price objective for the company. Eleven investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Polaris currently has a consensus rating of “Reduce” and an average price target of $59.80.

Insider Buying and Selling at Polaris

In other news, insider Benjamin D. Duke sold 10,090 shares of the company’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $66.82, for a total value of $674,213.80. Following the sale, the insider directly owned 30,242 shares of the company’s stock, valued at approximately $2,020,770.44. This represents a 25.02% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP James P. Williams sold 5,243 shares of the stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $67.17, for a total transaction of $352,172.31. Following the sale, the senior vice president owned 48,645 shares of the company’s stock, valued at approximately $3,267,484.65. This trade represents a 9.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 50,419 shares of company stock valued at $3,371,183. 3.12% of the stock is currently owned by company insiders.

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.