State of New Jersey Common Pension Fund D Lowers Stock Position in Polaris Inc. $PII

State of New Jersey Common Pension Fund D cut its stake in shares of Polaris Inc. (NYSE:PII) by 16.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 39,915 shares of the company’s stock after selling 8,083 shares during the period. State of New Jersey Common Pension Fund D owned approximately 0.07% of Polaris worth $2,320,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in PII. Harbor Capital Advisors Inc. purchased a new position in shares of Polaris during the 3rd quarter worth approximately $26,000. Quent Capital LLC acquired a new position in Polaris during the third quarter worth $37,000. Parkside Financial Bank & Trust boosted its position in shares of Polaris by 371.4% during the second quarter. Parkside Financial Bank & Trust now owns 693 shares of the company’s stock worth $28,000 after buying an additional 546 shares during the period. EMC Capital Management purchased a new position in shares of Polaris during the second quarter worth $36,000. Finally, Geneos Wealth Management Inc. grew its stake in shares of Polaris by 213.5% in the third quarter. Geneos Wealth Management Inc. now owns 928 shares of the company’s stock valued at $54,000 after buying an additional 632 shares in the last quarter. 88.06% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently issued reports on PII. Roth Mkm reissued a “neutral” rating on shares of Polaris in a research note on Wednesday, January 28th. Citigroup boosted their price target on shares of Polaris from $60.00 to $71.00 and gave the stock a “neutral” rating in a research note on Thursday, October 30th. Seaport Research Partners raised shares of Polaris to a “strong-buy” rating in a research note on Thursday, January 8th. Weiss Ratings downgraded shares of Polaris from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, February 17th. Finally, BMO Capital Markets reiterated a “market perform” rating and set a $70.00 target price on shares of Polaris in a report on Wednesday, October 29th. Eleven investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Polaris presently has an average rating of “Reduce” and a consensus price target of $59.10.

Polaris Stock Performance

Shares of Polaris stock opened at $66.39 on Monday. The business has a 50-day simple moving average of $67.71 and a 200-day simple moving average of $63.94. The company has a debt-to-equity ratio of 1.81, a quick ratio of 0.35 and a current ratio of 0.98. Polaris Inc. has a one year low of $30.92 and a one year high of $75.25. The company has a market cap of $3.76 billion, a PE ratio of -8.12 and a beta of 1.19.

Polaris (NYSE:PII) last issued its quarterly earnings results on Tuesday, January 27th. The company reported $0.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.06 by $0.02. Polaris had a negative net margin of 6.51% and a negative return on equity of 0.05%. The company 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 firm earned $0.92 earnings per share. The firm’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, equities research analysts forecast that Polaris Inc. will post 1.11 EPS for the current fiscal year.

Polaris Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be issued a $0.68 dividend. This represents a $2.72 annualized dividend and a yield of 4.1%. This is a boost from Polaris’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend is Monday, March 2nd. Polaris’s dividend payout ratio is currently -32.76%.

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 stock was 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 in the company, valued at approximately $2,020,770.44. This represents a 25.02% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, 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 sale, the chief executive officer owned 136,362 shares of the company’s stock, valued at approximately $9,113,072.46. The trade was a 20.46% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 54,973 shares of company stock worth $3,678,715 over the last ninety days. Corporate insiders own 3.12% of the company’s stock.

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.