Polaris (NYSE:PII) Upgraded at Zacks Research

Zacks Research upgraded shares of Polaris (NYSE:PII) from a hold rating to a strong-buy rating in a report released on Monday morning,Zacks.com reports.

Other equities research analysts also recently issued research reports about the company. Weiss Ratings downgraded Polaris from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, February 17th. Royal Bank Of Canada decreased their target price on Polaris to $67.00 and set a “sector perform” rating for the company in a report on Tuesday, January 27th. Roth Mkm reaffirmed a “neutral” rating on shares of Polaris in a report on Wednesday, January 28th. Morgan Stanley decreased their target price on Polaris from $81.00 to $74.00 and set an “equal weight” rating for the company in a report on Tuesday, February 17th. Finally, Wells Fargo & Company began coverage on Polaris in a report on Wednesday, March 11th. They set an “equal weight” rating and a $52.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Polaris presently has a consensus rating of “Hold” and a consensus price target of $63.11.

Polaris Stock Performance

PII opened at $58.47 on Monday. Polaris has a 52-week low of $31.56 and a 52-week high of $75.25. 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 cap of $3.31 billion, a P/E ratio of -7.15 and a beta of 1.17. The firm’s 50-day moving average price is $57.15 and its 200-day moving average price is $63.40.

Polaris (NYSE:PII) last released its earnings results on Tuesday, January 27th. The company reported $0.08 EPS for the quarter, topping 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 the consensus estimate of $1.82 billion. During the same quarter in the previous year, the company posted $0.92 earnings per share. The company’s 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. As a group, equities analysts anticipate that Polaris will post 1.71 EPS for the current fiscal year.

Polaris Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 2nd were given a dividend of $0.68 per share. This is an increase from Polaris’s previous quarterly dividend of $0.67. This represents a $2.72 annualized dividend and a yield of 4.7%. The ex-dividend date was Monday, March 2nd. Polaris’s dividend payout ratio (DPR) is -33.25%.

Insider Activity at Polaris

In related news, SVP James P. Williams sold 5,243 shares of Polaris stock in a transaction that occurred 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 completion of the transaction, the senior vice president directly owned 48,645 shares in the company, valued at approximately $3,267,484.65. This trade represents a 9.73% 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 this hyperlink. Also, insider Benjamin D. Duke sold 10,090 shares of Polaris stock in a transaction that occurred 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 transaction, the insider owned 30,242 shares of the company’s stock, valued at approximately $2,020,770.44. This represents a 25.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 50,419 shares of company stock worth $3,371,183. 2.40% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Louisiana State Employees Retirement System purchased a new position in Polaris during the first quarter valued at approximately $845,000. Ritholtz Wealth Management raised its position in Polaris by 53.2% during the first quarter. Ritholtz Wealth Management now owns 28,381 shares of the company’s stock valued at $1,547,000 after acquiring an additional 9,851 shares in the last quarter. CPC Advisors LLC purchased a new position in Polaris during the first quarter valued at approximately $1,731,000. Hsbc Holdings PLC raised its position in Polaris by 70.2% during the fourth quarter. Hsbc Holdings PLC now owns 17,251 shares of the company’s stock valued at $1,092,000 after acquiring an additional 7,115 shares in the last quarter. Finally, Forty three Eighteen Advisors LLC purchased a new position in Polaris during the fourth quarter valued at approximately $2,023,000. 88.06% of the stock is currently owned by hedge funds and other institutional investors.

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.