Brokerages Set Polaris Inc. (NYSE:PII) Price Target at $59.80

Polaris Inc. (NYSE:PII) has received a consensus recommendation of “Reduce” from the twelve ratings firms that are covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation and eleven have given a hold recommendation to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $59.80.

Several research analysts have recently commented on PII shares. Wells Fargo & Company initiated coverage on Polaris in a research note on Wednesday, March 11th. They set an “equal weight” rating and a $52.00 target price for the company. Roth Mkm reaffirmed a “neutral” rating on shares of Polaris in a research report on Wednesday, January 28th. Seaport Research Partners upgraded shares of Polaris to a “strong-buy” rating in a report on Thursday, January 8th. Royal Bank Of Canada lowered their price target on shares of Polaris to $67.00 and set a “sector perform” rating on the stock in a report on Tuesday, January 27th. Finally, Zacks Research downgraded shares of Polaris from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 12th.

Polaris Stock Down 4.7%

Shares of PII stock opened at $54.17 on Tuesday. Polaris has a 52-week low of $30.92 and a 52-week high of $75.25. The stock has a market cap of $3.07 billion, a price-to-earnings ratio of -6.62 and a beta of 1.19. The firm’s 50-day moving average is $61.56 and its 200-day moving average is $63.79. The company has a debt-to-equity ratio of 1.81, a quick ratio of 0.35 and a current ratio of 0.98.

Polaris (NYSE:PII) last posted its quarterly earnings results on Tuesday, January 27th. The company reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of $0.06 by $0.02. The business had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.82 billion. Polaris had a negative return on equity of 0.05% and a negative net margin of 6.51%.Polaris’s quarterly revenue was up 9.5% on a year-over-year basis. During the same quarter last year, the company posted $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. Sell-side analysts predict that Polaris will post 1.11 EPS for the current year.

Polaris Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 2nd were issued 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 Monday, March 2nd. This is an increase from Polaris’s previous quarterly dividend of $0.67. Polaris’s payout ratio is -33.25%.

Insider Activity at Polaris

In other Polaris news, SVP James P. Williams sold 5,243 shares of the company’s stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $67.17, for a total value of $352,172.31. Following the transaction, the senior vice president directly owned 48,645 shares of the company’s stock, valued at $3,267,484.65. This represents a 9.73% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Michael T. Speetzen sold 35,086 shares of the company’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $66.83, for a total value of $2,344,797.38. Following the completion of the transaction, the chief executive officer directly owned 136,362 shares in the company, valued at approximately $9,113,072.46. This represents a 20.46% 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 ninety days. 3.12% of the stock is owned by company insiders.

Hedge Funds Weigh In On Polaris

A number of hedge funds have recently bought and sold shares of PII. Auto Owners Insurance Co boosted its holdings in Polaris by 6,225.0% in 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 during the period. AQR Capital Management LLC grew its position in shares of Polaris by 564.8% during the 2nd 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 in the last quarter. Fuller & Thaler Asset Management Inc. bought a new position in shares of Polaris during the fourth quarter worth approximately $81,447,000. Goldman Sachs Group Inc. increased its holdings in shares of Polaris by 166.0% during the fourth 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 during the period. Finally, Invesco Ltd. raised its position in shares of Polaris by 79.2% in the fourth 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 in the last quarter. 88.06% of the stock is owned by institutional investors.

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.