Polaris (NYSE:PII) Earns Equal Weight Rating from Analysts at Wells Fargo & Company

Wells Fargo & Company began coverage on shares of Polaris (NYSE:PII) in a research report report published on Wednesday, MarketBeat Ratings reports. The brokerage issued an equal weight rating and a $52.00 price objective on the stock.

A number of other analysts also recently weighed in on PII. Seaport Research Partners raised shares of Polaris to a “strong-buy” rating in a research report on Thursday, January 8th. Morgan Stanley reduced their price objective on shares of Polaris from $81.00 to $74.00 and set an “equal weight” rating on the stock in a research note on Tuesday, February 17th. Weiss Ratings cut shares of Polaris from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, February 17th. Royal Bank Of Canada lowered their target price on shares of Polaris to $67.00 and set a “sector perform” rating for the company in a research note on Tuesday, January 27th. Finally, Loop Capital started coverage on shares of Polaris in a report on Thursday, November 13th. They issued a “hold” rating and a $59.00 target price on the stock. Twelve research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Polaris presently has a consensus rating of “Reduce” and a consensus target price of $58.45.

Polaris Trading Down 1.8%

NYSE PII opened at $50.38 on Wednesday. The firm has a market capitalization of $2.86 billion, a PE ratio of -6.16 and a beta of 1.19. The business’s 50-day moving average price is $64.79 and its two-hundred day moving average price is $63.97. 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 has a 12 month low of $30.92 and a 12 month high of $75.25.

Polaris (NYSE:PII) last issued its quarterly earnings data on Tuesday, January 27th. The company reported $0.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.06 by $0.02. The company had revenue of $1.92 billion during 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 firm’s revenue was up 9.5% compared to the same quarter last year. During the same period last year, the company earned $0.92 earnings per share. Polaris has set its FY 2026 guidance at 1.500-1.600 EPS and its Q1 2026 guidance at 0.450-0.450 EPS. On average, analysts expect that Polaris will post 1.11 EPS for the current year.

Polaris Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 2nd will be given a dividend of $0.68 per share. This is a positive change from Polaris’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $2.72 annualized dividend and a dividend yield of 5.4%. Polaris’s payout ratio is -33.25%.

Insider Activity

In other Polaris news, insider Benjamin D. Duke sold 10,090 shares of the firm’s stock in a transaction 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 completion of the sale, the insider directly owned 30,242 shares in the company, valued at approximately $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 SEC, which can be accessed through this hyperlink. Also, SVP James P. Williams sold 5,243 shares of Polaris stock in a transaction on Tuesday, February 3rd. The shares were 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 of the company’s stock, valued at approximately $3,267,484.65. This trade represents a 9.73% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 50,419 shares of company stock worth $3,371,183 in the last quarter. 3.12% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Polaris

Institutional investors and hedge funds have recently made changes to their positions in the stock. Corient Private Wealth LLC increased its position in Polaris by 55.3% in the 4th quarter. Corient Private Wealth LLC now owns 18,286 shares of the company’s stock valued at $1,157,000 after buying an additional 6,508 shares in the last quarter. Auto Owners Insurance Co boosted its holdings in Polaris by 6,225.0% in the fourth quarter. Auto Owners Insurance Co now owns 65,463,750 shares of the company’s stock worth $4,140,582,000 after acquiring an additional 64,428,750 shares in the last quarter. SHP Wealth Management acquired a new stake in Polaris in the fourth quarter valued at approximately $74,000. Invesco Ltd. increased its holdings in shares of Polaris by 79.2% during the fourth quarter. Invesco Ltd. now owns 1,065,910 shares of the company’s stock valued at $67,419,000 after acquiring an additional 471,106 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its holdings in shares of Polaris by 28.4% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 12,650 shares of the company’s stock valued at $800,000 after acquiring an additional 2,799 shares in the last quarter. Institutional investors own 88.06% of the company’s stock.

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.