Polaris Inc. $PII Shares Sold by Gotham Asset Management LLC

Gotham Asset Management LLC lowered its position in Polaris Inc. (NYSE:PII) by 6.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 706,173 shares of the company’s stock after selling 47,631 shares during the quarter. Gotham Asset Management LLC owned about 1.26% of Polaris worth $44,665,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in PII. Kemnay Advisory Services Inc. acquired a new position in shares of Polaris during the fourth quarter worth approximately $27,000. Danske Bank A S boosted its position in shares of Polaris by 150.0% during the fourth quarter. Danske Bank A S now owns 500 shares of the company’s stock worth $32,000 after buying an additional 300 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Polaris during the fourth quarter worth approximately $40,000. Bard Associates Inc. acquired a new position in shares of Polaris during the fourth quarter worth approximately $46,000. Finally, Hilton Head Capital Partners LLC acquired a new position in shares of Polaris during the fourth quarter worth approximately $52,000. Institutional investors own 88.06% of the company’s stock.

Polaris Price Performance

Shares of NYSE PII opened at $68.91 on Thursday. Polaris Inc. has a fifty-two week low of $38.42 and a fifty-two week high of $75.25. The firm’s 50-day simple moving average is $64.16 and its 200 day simple moving average is $63.76. The company has a quick ratio of 0.48, a current ratio of 1.21 and a debt-to-equity ratio of 2.72. The stock has a market cap of $3.92 billion, a P/E ratio of -8.79 and a beta of 1.26.

Polaris (NYSE:PII) last issued its quarterly earnings data on Monday, April 27th. The company reported $0.13 earnings per share 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 period in the previous year, the business earned ($0.90) earnings per share. The company’s revenue was up 8.0% on a year-over-year basis. Polaris has set its FY 2026 guidance at 1.600-1.700 EPS. Equities analysts expect that Polaris Inc. will post 1.76 EPS for the current year.

Polaris Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were given a $0.68 dividend. The ex-dividend date was Monday, June 1st. This represents a $2.72 annualized dividend and a yield of 3.9%. Polaris’s payout ratio is -34.69%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Wells Fargo & Company boosted their price objective on Polaris from $52.00 to $60.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 29th. Citigroup lifted their price objective on shares of Polaris from $58.00 to $70.00 and gave the company a “neutral” rating in a research note on Thursday, April 30th. Zacks Research cut shares of Polaris from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 20th. Robert W. Baird lifted their price objective on shares of Polaris from $67.00 to $70.00 and gave the company a “neutral” rating in a research note on Wednesday, April 29th. Finally, Roth Mkm restated a “neutral” rating on shares of Polaris in a research note on Wednesday, April 29th. One equities research analyst has rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $64.44.

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.