Polaris Inc. (NYSE:PII) Receives $67.00 Consensus PT from Analysts

Polaris Inc. (NYSE:PII) has been assigned an average recommendation of “Hold” from the fourteen research firms that are currently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, eleven have given a hold recommendation, one has assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $67.00.

A number of research firms have recently issued reports on PII. Robert W. Baird boosted their target price on Polaris from $70.00 to $72.00 and gave the company a “neutral” rating in a report on Wednesday, July 29th. Citigroup increased their price target on Polaris from $70.00 to $73.00 and gave the stock a “neutral” rating in a report on Thursday, July 30th. Royal Bank Of Canada lifted their price objective 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. Roth Capital reissued a “neutral” rating on shares of Polaris in a research note on Wednesday, July 29th. Finally, Zacks Research upgraded shares of Polaris from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 21st.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in 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 in the last quarter. BlackRock Inc. acquired a new position in Polaris during the 2nd quarter worth approximately $501,360,000. California State Teachers Retirement System raised its stake in shares of Polaris by 6,615.7% during the 2nd quarter. California State Teachers Retirement System now owns 4,233,151 shares of the company’s stock worth $289,717,000 after buying an additional 4,170,117 shares in the last quarter. AQR Capital Management LLC raised its stake 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 buying an additional 1,489,157 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. acquired a new stake in shares of Polaris in the 4th quarter valued at approximately $81,447,000. 88.06% of the stock is owned by hedge funds and other institutional investors.

Polaris Price Performance

Shares of NYSE:PII opened at $63.90 on Friday. Polaris has a one year low of $47.14 and a one year high of $77.98. The stock has a market capitalization of $3.64 billion, a price-to-earnings ratio of -13.80 and a beta of 1.26. The company has a 50-day simple moving average of $68.81 and a 200-day simple moving average of $64.14. The company has a debt-to-equity ratio of 2.28, a quick ratio of 0.47 and a current ratio of 1.20.

Polaris (NYSE:PII) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $1.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $1.21. The firm had revenue of $2.02 billion for the quarter, compared to analysts’ expectations of $1.95 billion. Polaris had a positive return on equity of 16.77% and a negative net margin of 3.50%.The firm’s revenue for the quarter was up 9.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($1.39) EPS. Polaris has set its FY 2026 guidance at 3.000-3.100 EPS. On average, analysts predict that Polaris will post 3.22 EPS for the current year.

Polaris Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be issued a $0.68 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $2.72 annualized dividend and a dividend yield of 4.3%. Polaris’s payout ratio is presently -58.75%.

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.