WBI Investments LLC Invests $1.47 Million in Polaris Inc. $PII

WBI Investments LLC purchased a new stake in Polaris Inc. (NYSE:PII) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 25,258 shares of the company’s stock, valued at approximately $1,468,000.

A number of other hedge funds have also modified their holdings of PII. Goldman Sachs Group Inc. increased its stake in 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 in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position 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 worth $7,504,000 after purchasing an additional 39,584 shares in the last quarter. Vise Technologies Inc. bought a new position in shares of Polaris during the second quarter worth $275,000. PNC Financial Services Group Inc. grew its holdings in shares of Polaris by 15.3% in the 2nd quarter. PNC Financial Services Group Inc. now owns 13,851 shares of the company’s stock valued at $563,000 after buying an additional 1,835 shares during the period. Finally, Geode Capital Management LLC increased its position in shares of Polaris by 44.5% in the 2nd quarter. Geode Capital Management LLC now owns 1,311,659 shares of the company’s stock valued at $53,326,000 after buying an additional 404,178 shares in the last quarter. 88.06% of the stock is currently owned by institutional investors and hedge funds.

Polaris Price Performance

Shares of NYSE PII opened at $53.41 on Wednesday. The company has a fifty day moving average price of $64.16 and a 200 day moving average price of $64.02. The firm has a market cap of $3.03 billion, a PE ratio of -6.53 and a beta of 1.19. The company has a current ratio of 0.98, a quick ratio of 0.35 and a debt-to-equity ratio of 1.81. Polaris Inc. has a 1-year low of $30.92 and a 1-year high of $75.25.

Polaris (NYSE:PII) last released its quarterly earnings results on Tuesday, January 27th. The company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.02. The firm had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.82 billion. Polaris had a negative return on equity of 0.05% and a negative net margin of 6.51%.The company’s revenue for the quarter was up 9.5% on a year-over-year basis. During the same quarter last year, the business posted $0.92 EPS. Polaris has set its FY 2026 guidance at 1.500-1.600 EPS and its Q1 2026 guidance at 0.450-0.450 EPS. Research analysts predict that Polaris Inc. will post 1.11 earnings per share for the current fiscal year.

Polaris Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were paid a $0.68 dividend. This represents a $2.72 annualized dividend and a yield of 5.1%. The ex-dividend date was Monday, March 2nd. This is a positive change from Polaris’s previous quarterly dividend of $0.67. Polaris’s dividend payout ratio (DPR) is presently -33.25%.

Insider Buying and Selling at Polaris

In other news, 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 sale, the insider directly owned 30,242 shares in the company, valued at $2,020,770.44. This trade represents a 25.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP James P. Williams sold 5,243 shares of the business’s stock in a transaction 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 sale, the senior vice president directly owned 48,645 shares in the company, valued at approximately $3,267,484.65. This represents a 9.73% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 50,419 shares of company stock worth $3,371,183. Corporate insiders own 3.12% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on PII. Zacks Research downgraded Polaris from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 12th. Seaport Research Partners raised Polaris to a “strong-buy” rating in a research report on Thursday, January 8th. Morgan Stanley cut their price objective on Polaris from $81.00 to $74.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 17th. Weiss Ratings lowered Polaris from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, February 17th. Finally, Royal Bank Of Canada dropped their target price on shares of Polaris to $67.00 and set a “sector perform” rating on the stock in a report on Tuesday, January 27th. Eleven research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and an average price target of $59.80.

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.