Fieldview Capital Management LLC decreased its holdings in Polaris Inc. (NYSE:PII – Free Report) by 43.2% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,328 shares of the company’s stock after selling 12,400 shares during the period. Fieldview Capital Management LLC’s holdings in Polaris were worth $1,033,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Kennedy Capital Management LLC raised its stake in Polaris by 20.0% in the 4th quarter. Kennedy Capital Management LLC now owns 193,398 shares of the company’s stock worth $12,232,000 after purchasing an additional 32,215 shares in the last quarter. Landscape Capital Management L.L.C. acquired a new stake in Polaris during the fourth quarter worth approximately $4,821,000. Barclays PLC grew its position in Polaris by 7.6% during the fourth quarter. Barclays PLC now owns 150,757 shares of the company’s stock worth $9,535,000 after buying an additional 10,639 shares in the last quarter. Bard Associates Inc. acquired a new stake in Polaris during the fourth quarter worth approximately $46,000. Finally, Marshall Wace LLP grew its position in Polaris by 1,347.9% during the fourth quarter. Marshall Wace LLP now owns 199,634 shares of the company’s stock worth $12,627,000 after buying an additional 185,846 shares in the last quarter. Institutional investors own 88.06% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently issued reports on the company. Citigroup increased their price target on Polaris from $58.00 to $70.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Zacks Research downgraded Polaris from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 20th. Weiss Ratings downgraded Polaris from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, February 17th. Raymond James Financial reiterated an “outperform” rating on shares of Polaris in a research note on Wednesday, April 29th. Finally, Robert W. Baird increased their price target on Polaris from $67.00 to $70.00 and gave the company a “neutral” rating 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 stock. According to data from MarketBeat.com, Polaris presently has a consensus rating of “Hold” and a consensus target price of $64.44.
Polaris Price Performance
PII stock opened at $70.97 on Monday. The company has a market capitalization of $4.04 billion, a P/E ratio of -9.05 and a beta of 1.26. The company has a debt-to-equity ratio of 2.72, a quick ratio of 0.48 and a current ratio of 1.21. Polaris Inc. has a 52-week low of $38.42 and a 52-week high of $75.25. The business has a 50-day simple moving average of $63.24 and a two-hundred day simple moving average of $63.70.
Polaris (NYSE:PII – Get Free Report) last posted its earnings results 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. The company had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.63 billion. Polaris had a positive return on equity of 5.91% and a negative net margin of 6.13%.The company’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same quarter last year, the company earned ($0.90) earnings per share. Polaris has set its FY 2026 guidance at 1.600-1.700 EPS. Research analysts expect that Polaris Inc. will post 1.76 EPS for the current fiscal year.
Polaris Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be given a dividend of $0.68 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $2.72 annualized dividend and a dividend yield of 3.8%. Polaris’s payout ratio is presently -34.69%.
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.
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