Polaris Inc. (NYSE:PII) Given Average Rating of “Hold” by Brokerages

Shares of Polaris Inc. (NYSE:PII) have been assigned a consensus rating of “Hold” from the fourteen analysts that are covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, eleven have issued a hold recommendation, one has issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $66.6667.

PII has been the topic of a number of analyst reports. Royal Bank Of Canada increased their price target on shares of Polaris from $65.00 to $75.00 and gave the company a “sector perform” rating in a research report on Wednesday, July 29th. KeyCorp restated a “sector weight” rating on shares of Polaris in a report on Wednesday, July 29th. Citigroup lowered their target price on shares of Polaris from $73.00 to $67.00 and set a “neutral” rating for the company in a research note on Wednesday, September 9th. Robert W. Baird increased their target price on shares of Polaris from $70.00 to $72.00 and gave the stock a “neutral” rating in a report on Wednesday, July 29th. Finally, Wells Fargo & Company lifted their price target on shares of Polaris from $65.00 to $70.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 29th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in PII. Auto Owners Insurance Co lifted its holdings in shares of Polaris by 6,225.0% during the 4th 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 in the last quarter. BlackRock Inc. bought a new stake in Polaris during the 2nd quarter worth approximately $501,360,000. Goldman Sachs Group Inc. increased its stake in Polaris by 166.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,929,773 shares of the company’s stock worth $122,058,000 after purchasing an additional 1,204,405 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in Polaris by 7.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,546,260 shares of the company’s stock worth $84,269,000 after buying an additional 107,109 shares during the period. Finally, Canada Pension Plan Investment Board acquired a new stake in Polaris during the 2nd quarter worth approximately $77,817,000. 88.06% of the stock is owned by institutional investors and hedge funds.

Polaris Stock Up 1.0%

Shares of Polaris stock opened at $54.62 on Tuesday. The business has a fifty day simple moving average of $66.04 and a 200 day simple moving average of $63.55. The stock has a market cap of $3.11 billion, a PE ratio of -11.80 and a beta of 1.27. The company has a quick ratio of 0.47, a current ratio of 1.20 and a debt-to-equity ratio of 2.28. Polaris has a 12 month low of $47.14 and a 12 month high of $77.98.

Polaris (NYSE:PII) last released its earnings results on Tuesday, July 28th. The company reported $1.97 earnings per share 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 firm posted ($1.39) earnings per share. The company’s quarterly revenue was up 9.2% on a year-over-year basis. Polaris has set its FY 2026 guidance at 3.000-3.100 EPS. Research analysts predict that Polaris will post 3.22 EPS for the current year.

Polaris Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were paid a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a yield of 5.0%. The ex-dividend date of this dividend was Tuesday, September 1st. Polaris’s dividend payout ratio (DPR) is presently -58.75%.

Polaris Company Profile

Polaris Inc is a powersports manufacturer headquartered in Medina, Minnesota. Founded in 1954 in Roseau, Minnesota, the company initially focused on snowmobiles and has since expanded into a broad range of recreational and utility vehicles.

Polaris develops and sells off-road vehicles, including all-terrain vehicles and side-by-side models for recreational, agricultural, commercial, and government applications. Its product portfolio includes the RZR, Ranger, General, and Sportsman lines, as well as snowmobiles, motorcycles, and three-wheeled roadsters sold under the Indian Motorcycle and Slingshot brands.