Mitsubishi UFJ Trust & Banking Corp Purchases New Holdings in Polaris Inc. $PII

Mitsubishi UFJ Trust & Banking Corp acquired a new stake in shares of Polaris Inc. (NYSE:PII) in the 3rd quarter, HoldingsChannel reports. The firm acquired 27,705 shares of the company’s stock, valued at approximately $1,610,000.

Several other hedge funds and other institutional investors also recently modified their holdings of PII. Goldman Sachs Group Inc. increased its holdings in shares of Polaris by 677.2% in the first quarter. Goldman Sachs Group Inc. now owns 544,295 shares of the company’s stock valued at $22,283,000 after purchasing an additional 474,259 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Polaris by 27.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 183,289 shares of the company’s stock valued at $7,504,000 after buying an additional 39,584 shares during the last quarter. Fifth Third Bancorp increased its stake in Polaris by 39.9% in the 2nd quarter. Fifth Third Bancorp now owns 1,393 shares of the company’s stock valued at $57,000 after buying an additional 397 shares during the period. Signaturefd LLC raised its position in Polaris by 17.1% during the 2nd quarter. Signaturefd LLC now owns 4,931 shares of the company’s stock worth $200,000 after buying an additional 721 shares during the last quarter. Finally, Segment Wealth Management LLC acquired a new stake in shares of Polaris in the 2nd quarter worth $6,375,000. 88.06% of the stock is currently owned by hedge funds and other institutional investors.

Polaris Trading Down 1.5%

Shares of PII stock opened at $63.68 on Friday. The stock has a market cap of $3.58 billion, a P/E ratio of -7.78, a P/E/G ratio of 2.17 and a beta of 1.14. The company has a quick ratio of 0.36, a current ratio of 0.98 and a debt-to-equity ratio of 1.81. Polaris Inc. has a fifty-two week low of $30.92 and a fifty-two week high of $75.25. The business has a fifty day simple moving average of $67.69 and a 200-day simple moving average of $62.05.

Polaris (NYSE:PII) last issued 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 net margin of 6.51% and a negative return on equity of 0.05%. The firm had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.82 billion. During the same period in the prior year, the company earned $0.92 EPS. The firm’s 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, analysts forecast that Polaris Inc. will post 1.11 earnings per share for the current fiscal year.

Polaris Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be given a dividend of $0.68 per share. The ex-dividend date is Monday, March 2nd. This represents a $2.72 annualized dividend and a dividend yield of 4.3%. This is an increase from Polaris’s previous quarterly dividend of $0.67. Polaris’s payout ratio is presently -32.76%.

Insider Transactions at Polaris

In other Polaris news, SVP James P. Williams sold 4,554 shares of the stock in a transaction on Friday, December 5th. The stock was sold at an average price of $67.53, for a total transaction of $307,531.62. Following the sale, the senior vice president owned 43,878 shares in the company, valued at approximately $2,963,081.34. This represents a 9.40% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 3.12% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on PII. Zacks Research lowered shares of Polaris from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 12th. Loop Capital assumed coverage on Polaris in a research report on Thursday, November 13th. They set a “hold” rating and a $59.00 target price on the stock. Royal Bank Of Canada cut their target price on Polaris to $67.00 and set a “sector perform” rating for the company in a research note on Tuesday. Roth Mkm restated a “neutral” rating on shares of Polaris in a research note on Wednesday. Finally, BMO Capital Markets reiterated a “market perform” rating and issued a $70.00 price objective on shares of Polaris in a research report on Wednesday, October 29th. Twelve analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $59.80.

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.