Polaris Inc. (NYSE:PII) Short Interest Update

Polaris Inc. (NYSE:PII) saw a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 6,199,324 shares, a decline of 14.6% from the January 15th total of 7,258,495 shares. Approximately 11.4% of the shares of the stock are sold short. Based on an average daily volume of 1,230,511 shares, the short-interest ratio is presently 5.0 days. Based on an average daily volume of 1,230,511 shares, the short-interest ratio is presently 5.0 days. Approximately 11.4% of the shares of the stock are sold short.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on PII shares. Morgan Stanley increased their target price on Polaris from $72.00 to $81.00 and gave the company an “equal weight” rating in a report on Friday, January 16th. Weiss Ratings lowered Polaris from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday. Royal Bank Of Canada decreased their price objective on Polaris to $67.00 and set a “sector perform” rating for the company in a research report on Tuesday, January 27th. Zacks Research downgraded Polaris from a “strong-buy” rating to a “hold” rating in a report on Friday, December 12th. Finally, BMO Capital Markets reissued a “market perform” rating and issued a $70.00 price target on shares of Polaris in a research 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 stock. Based on data from MarketBeat, the company has an average rating of “Reduce” and a consensus price target of $59.80.

Polaris Stock Up 0.7%

Shares of Polaris stock opened at $66.48 on Thursday. The firm has a market cap of $3.77 billion, a price-to-earnings ratio of -8.13 and a beta of 1.19. The stock has a 50-day simple moving average of $67.83 and a 200-day simple moving average of $63.66. Polaris has a 52-week low of $30.92 and a 52-week 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.

Polaris (NYSE:PII) last posted its earnings results on Tuesday, January 27th. The company reported $0.08 earnings per share (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 during the quarter, compared to analysts’ expectations of $1.82 billion. During the same period in the previous year, the company earned $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. On average, equities research analysts expect that Polaris 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. Stockholders of record on Monday, March 2nd will be paid a $0.68 dividend. The ex-dividend date is Monday, March 2nd. This is a positive change from Polaris’s previous quarterly dividend of $0.67. This represents a $2.72 annualized dividend and a dividend yield of 4.1%. Polaris’s dividend payout ratio is -32.76%.

Insider Buying and Selling

In other news, insider Benjamin D. Duke sold 10,090 shares of the company’s stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $66.82, for a total transaction of $674,213.80. Following the completion of the sale, the insider directly owned 30,242 shares of the company’s stock, valued at $2,020,770.44. This represents a 25.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Michael T. Speetzen sold 35,086 shares of the firm’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $66.83, for a total transaction of $2,344,797.38. Following the completion of the transaction, 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 ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 54,973 shares of company stock worth $3,678,715. Corporate insiders own 3.12% of the company’s stock.

Institutional Trading of Polaris

Several hedge funds and other institutional investors have recently bought and sold shares of PII. Goldman Sachs Group Inc. boosted its stake in 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 in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Polaris by 27.5% during the first 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 acquiring an additional 39,584 shares during the period. IFP Advisors Inc raised its holdings in Polaris by 22.5% during the 2nd quarter. IFP Advisors Inc now owns 2,339 shares of the company’s stock worth $96,000 after purchasing an additional 430 shares during the last quarter. Vanguard Personalized Indexing Management LLC boosted its stake in shares of Polaris by 75.1% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 23,738 shares of the company’s stock valued at $965,000 after purchasing an additional 10,183 shares during the last quarter. Finally, CWM LLC grew its position in shares of Polaris by 212.0% during the 2nd quarter. CWM LLC now owns 41,046 shares of the company’s stock worth $1,669,000 after buying an additional 27,892 shares during the period. 88.06% of the stock is currently owned by institutional investors and hedge funds.

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.