Healthcare of Ontario Pension Plan Trust Fund Buys New Position in Polaris Inc. $PII

Healthcare of Ontario Pension Plan Trust Fund bought a new stake in Polaris Inc. (NYSE:PII) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 129,193 shares of the company’s stock, valued at approximately $7,041,000.

Other large investors have also recently bought and sold shares of the company. Auto Owners Insurance Co raised its holdings in shares of Polaris by 6,225.0% in the fourth quarter. Auto Owners Insurance Co now owns 65,463,750 shares of the company’s stock valued at $4,140,582,000 after purchasing an additional 64,428,750 shares during the last quarter. AQR Capital Management LLC boosted its holdings in Polaris by 564.8% during the second quarter. AQR Capital Management LLC now owns 1,752,801 shares of the company’s stock worth $70,673,000 after purchasing an additional 1,489,157 shares during the last quarter. Fuller & Thaler Asset Management Inc. bought a new position in Polaris in the fourth quarter valued at $81,447,000. Goldman Sachs Group Inc. grew its position in Polaris by 166.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,929,773 shares of the company’s stock valued at $122,058,000 after purchasing an additional 1,204,405 shares in the last quarter. Finally, Invesco Ltd. increased its stake in Polaris by 79.2% in the 4th quarter. Invesco Ltd. now owns 1,065,910 shares of the company’s stock valued at $67,419,000 after buying an additional 471,106 shares during the last quarter. Institutional investors and hedge funds own 88.06% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on PII shares. Weiss Ratings restated a “sell (d)” rating on shares of Polaris in a research note on Tuesday, July 7th. Zacks Research upgraded Polaris from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 21st. Bank of America reissued a “neutral” rating on shares of Polaris in a research report on Wednesday. Royal Bank Of Canada boosted their price target on Polaris from $65.00 to $75.00 and gave the stock a “sector perform” rating in a research report on Wednesday. Finally, Raymond James Financial reissued an “outperform” rating on shares of Polaris in a report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Polaris presently has an average rating of “Hold” and a consensus target price of $66.67.

Key Stories Impacting Polaris

Here are the key news stories impacting Polaris this week:

• Positive Sentiment: Polaris reported second-quarter EPS of $1.97, well above the approximately $0.76–$0.77 analyst consensus, while revenue rose 9.2% year over year to $2.02 billion and exceeded estimates. Utility off-road vehicles, stronger demand and market-share gains supported the quarter. Polaris Inc. Second Quarter 2026 Financial Results
• Positive Sentiment: Management raised fiscal 2026 EPS guidance to $3.00–$3.10, substantially above the prior analyst consensus near $1.81. Full-year revenue guidance of $7.3 billion–$7.5 billion was broadly in line with expectations, providing support for the company’s recovery outlook.
• Positive Sentiment: Analysts increased their price targets following the results: Royal Bank of Canada raised its target to $75, Robert W. Baird to $72 and Wells Fargo to $70. However, all three firms retained neutral, sector-perform or equal-weight ratings. Analyst Price Target Changes
• Neutral Sentiment: Positive momentum screens identified Polaris as a fast-growing stock trading at a potentially attractive valuation, but the stock’s recent advance has prompted questions about how much of the recovery is already reflected in its price. Zacks Momentum Analysis
• Negative Sentiment: A significant portion of the quarterly margin improvement came from a one-time tariff refund, raising concerns about the sustainability of profitability. Ongoing tariff costs remain a headwind, while recreational demand is still volatile and future sales face a crucial demand test.
• Negative Sentiment: The combination of cautious analyst ratings, tariff uncertainty and concerns that the company may be roughly 10% overvalued after the earnings-driven rally likely contributed to the stock’s decline.

Polaris Trading Down 6.1%

Shares of NYSE:PII opened at $67.26 on Thursday. Polaris Inc. has a 52-week low of $47.14 and a 52-week high of $77.98. The company has a debt-to-equity ratio of 2.28, a quick ratio of 0.48 and a current ratio of 1.20. The company has a market capitalization of $3.83 billion, a P/E ratio of -14.53 and a beta of 1.25. The company has a 50-day simple moving average of $69.18 and a 200 day simple moving average of $64.24.

Polaris (NYSE:PII) last released its quarterly earnings data on Tuesday, July 28th. The company reported $1.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $1.21. Polaris had a positive return on equity of 16.77% and a negative net margin of 3.50%.The firm had revenue of $2.02 billion for the quarter, compared to analyst estimates of $1.95 billion. During the same quarter in the prior year, the company earned ($1.39) earnings per share. The business’s revenue for the quarter was up 9.2% compared to the same quarter last year. Polaris has set its FY 2026 guidance at 3.000-3.100 EPS. Sell-side analysts forecast that Polaris Inc. will post 3.05 earnings per share 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 issued a dividend of $0.68 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a $2.72 annualized dividend and a yield of 4.0%. Polaris’s dividend payout ratio (DPR) is currently -34.69%.

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.