Pacer Advisors Inc. Has $24.27 Million Stock Holdings in Polaris Inc. $PII

Pacer Advisors Inc. cut its position in shares of Polaris Inc. (NYSE:PII) by 2.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 383,655 shares of the company’s stock after selling 9,494 shares during the period. Pacer Advisors Inc. owned 0.68% of Polaris worth $24,266,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Kemnay Advisory Services Inc. bought a new stake in Polaris during the fourth quarter valued at about $27,000. Danske Bank A S boosted its holdings in Polaris by 150.0% in the 4th quarter. Danske Bank A S now owns 500 shares of the company’s stock valued at $32,000 after purchasing an additional 300 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Polaris in the 4th quarter worth $40,000. Bard Associates Inc. acquired a new stake in Polaris in the 4th quarter worth $46,000. Finally, Hilton Head Capital Partners LLC bought a new position in shares of Polaris during the 4th quarter worth about $52,000. Institutional investors and hedge funds own 88.06% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently weighed in on PII. Zacks Research cut shares of Polaris from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 20th. Wells Fargo & Company boosted their price target on Polaris from $52.00 to $60.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 29th. Roth Mkm reiterated a “neutral” rating on shares of Polaris in a research report on Wednesday, April 29th. Robert W. Baird lifted their price objective on Polaris from $67.00 to $70.00 and gave the stock a “neutral” rating in a report on Wednesday, April 29th. Finally, Citigroup upped their target price on Polaris from $58.00 to $70.00 and gave the company a “neutral” rating in a research note on Thursday, April 30th. One equities research analyst has rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $64.44.

Polaris Trading Down 0.2%

PII stock opened at $71.25 on Friday. Polaris Inc. has a 1-year low of $38.42 and a 1-year high of $75.25. The company has a current ratio of 1.21, a quick ratio of 0.48 and a debt-to-equity ratio of 2.72. The business’s 50 day moving average is $64.83 and its 200-day moving average is $63.85. The firm has a market cap of $4.05 billion, a P/E ratio of -9.09 and a beta of 1.26.

Polaris (NYSE:PII) last announced its quarterly 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. Polaris had a positive return on equity of 5.91% and a negative net margin of 6.13%.The firm had revenue of $1.66 billion for the quarter, compared to analysts’ expectations of $1.63 billion. During the same period in the prior year, the business posted ($0.90) earnings per share. The business’s revenue was up 8.0% compared to the same quarter last year. Polaris has set its FY 2026 guidance at 1.600-1.700 EPS. Equities analysts anticipate that Polaris Inc. will post 1.76 earnings per share for the current fiscal year.

Polaris Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were issued a $0.68 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a $2.72 annualized dividend and a dividend yield of 3.8%. Polaris’s dividend 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.