Fieldview Capital Management LLC Cuts Stock Holdings in Polaris Inc. $PII

Fieldview Capital Management LLC decreased its stake in shares of Polaris Inc. (NYSE:PII) by 43.2% during the 4th quarter, Holdings Channel reports. The institutional investor owned 16,328 shares of the company’s stock after selling 12,400 shares during the period. Fieldview Capital Management LLC’s holdings in Polaris were worth $1,033,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of PII. Goldman Sachs Group Inc. boosted its stake in shares of Polaris by 677.2% in the 1st 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 during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of 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 worth $7,504,000 after buying an additional 39,584 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of Polaris by 65.4% in the 2nd quarter. Cetera Investment Advisers now owns 16,376 shares of the company’s stock worth $666,000 after buying an additional 6,475 shares during the last quarter. Prudential Financial Inc. boosted its stake in shares of Polaris by 17.8% in the 2nd quarter. Prudential Financial Inc. now owns 8,347 shares of the company’s stock worth $339,000 after buying an additional 1,259 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of Polaris by 43.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,449 shares of the company’s stock worth $140,000 after buying an additional 1,037 shares during the last quarter. Hedge funds and other institutional investors own 88.06% of the company’s stock.

Polaris Trading Up 0.0%

Shares of PII stock opened at $70.97 on Monday. The company’s fifty day simple moving average is $63.24 and its two-hundred day simple moving average is $63.70. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.21 and a quick ratio of 0.48. Polaris Inc. has a 1 year low of $38.42 and a 1 year high of $75.25. The stock has a market capitalization of $4.04 billion, a price-to-earnings ratio of -9.05 and a beta of 1.26.

Polaris (NYSE:PII) last issued its earnings results on Monday, April 27th. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.43) by $0.56. Polaris had a negative net margin of 6.13% and a positive return on equity of 5.91%. The business had revenue of $1.66 billion for the quarter, compared to analysts’ expectations of $1.63 billion. During the same quarter in the previous year, the firm posted ($0.90) EPS. The business’s revenue for the quarter was up 8.0% compared to the same quarter last year. Polaris has set its FY 2026 guidance at 1.600-1.700 EPS. As a group, analysts anticipate that Polaris Inc. will post 1.76 earnings per share for the current year.

Polaris Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be issued a dividend of $0.68 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $2.72 dividend on an annualized basis and a yield of 3.8%. Polaris’s payout ratio is presently -34.69%.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on PII. Roth Mkm restated a “neutral” rating on shares of Polaris in a research note on Wednesday, April 29th. Raymond James Financial restated an “outperform” rating on shares of Polaris in a research note on Wednesday, April 29th. Robert W. Baird boosted their target price on Polaris from $67.00 to $70.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 29th. Zacks Research downgraded Polaris from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 20th. Finally, Morgan Stanley cut their target price on Polaris from $74.00 to $69.00 and set an “equal weight” rating on the stock in a research note on Tuesday, May 19th. One investment analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Polaris presently has an average rating of “Hold” and a consensus target price of $64.44.

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.