Polaris (NYSE:PII) SVP James Williams Sells 5,243 Shares of Stock

Polaris Inc. (NYSE:PIIGet Free Report) SVP James Williams sold 5,243 shares of Polaris stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $67.17, for a total transaction of $352,172.31. Following the transaction, the senior vice president owned 48,645 shares of the company’s stock, valued at $3,267,484.65. This 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 is accessible through this hyperlink.

Polaris Price Performance

PII opened at $69.78 on Thursday. Polaris Inc. has a fifty-two week low of $30.92 and a fifty-two week high of $75.25. The firm has a 50-day moving average of $67.75 and a 200 day moving average of $62.58. The company has a debt-to-equity ratio of 1.81, a quick ratio of 0.35 and a current ratio of 0.98. The firm has a market cap of $3.93 billion, a P/E ratio of -8.53, a PEG ratio of 2.25 and a beta of 1.19.

Polaris (NYSE:PIIGet Free Report) last announced its quarterly earnings data 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 return on equity of 0.05% and a negative net margin of 6.51%.The business had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.82 billion. During the same period in the previous year, the business posted $0.92 EPS. The firm’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. On average, research analysts expect that Polaris Inc. will post 1.11 EPS for the current year.

Polaris Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders 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 is a positive change from Polaris’s previous quarterly dividend of $0.67. This represents a $2.72 annualized dividend and a yield of 3.9%. Polaris’s dividend payout ratio (DPR) is currently -32.76%.

Institutional Trading of Polaris

Institutional investors and hedge funds have recently made changes to their positions in the business. Harbor Capital Advisors Inc. bought a new position in shares of Polaris during the third quarter valued at approximately $26,000. Danske Bank A S grew its position in Polaris by 150.0% during the 4th quarter. Danske Bank A S now owns 500 shares of the company’s stock worth $32,000 after purchasing an additional 300 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Polaris during the fourth quarter valued at $40,000. Quent Capital LLC purchased a new stake in Polaris during the 3rd quarter valued at about $37,000. Finally, Parkside Financial Bank & Trust increased its holdings in Polaris by 371.4% in the 2nd 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. 88.06% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently commented on PII. Seaport Research Partners raised Polaris to a “strong-buy” rating in a research note on Thursday, January 8th. Loop Capital started coverage on shares of Polaris in a report on Thursday, November 13th. They set a “hold” rating and a $59.00 target price for the company. Weiss Ratings raised Polaris from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, January 16th. Citigroup boosted their price objective on shares of Polaris from $60.00 to $71.00 and gave the stock a “neutral” rating in a report on Thursday, October 30th. Finally, Roth Mkm reissued a “neutral” rating on shares of Polaris in a research report on Wednesday, January 28th. Twelve research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $59.80.

View Our Latest Report on PII

About Polaris

(Get Free Report)

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.

Further Reading

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