Polaris Inc. $PII Holdings Lowered by Koss Olinger Consulting LLC

Koss Olinger Consulting LLC trimmed its stake in shares of Polaris Inc. (NYSE:PII) by 21.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 31,704 shares of the company’s stock after selling 8,906 shares during the period. Koss Olinger Consulting LLC’s holdings in Polaris were worth $2,005,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Danske Bank A S lifted its holdings in shares of Polaris by 150.0% during the fourth 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 last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Polaris during the fourth quarter valued at $40,000. Canada Pension Plan Investment Board purchased a new stake in shares of Polaris during the second quarter valued at $73,000. FNY Investment Advisers LLC purchased a new stake in shares of Polaris during the fourth quarter valued at $75,000. Finally, NewEdge Advisors LLC lifted its holdings in shares of Polaris by 34.1% during the second quarter. NewEdge Advisors LLC now owns 1,877 shares of the company’s stock valued at $76,000 after purchasing an additional 477 shares during the last quarter. 88.06% of the stock is owned by hedge funds and other institutional investors.

Polaris Stock Up 1.0%

NYSE:PII opened at $70.74 on Friday. The firm has a market capitalization of $4.02 billion, a price-to-earnings ratio of -9.02 and a beta of 1.25. Polaris Inc. has a 1-year low of $36.73 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 fifty day moving average price is $60.52 and its 200 day moving average price is $63.37.

Polaris (NYSE:PII) last posted its quarterly earnings results on Monday, April 27th. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate 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 analyst estimates of $1.63 billion. During the same period in the previous year, the firm earned ($0.90) earnings per share. Polaris’s quarterly revenue was up 8.0% on a year-over-year basis. Polaris has set its FY 2026 guidance at 1.600-1.700 EPS. On average, sell-side analysts forecast that Polaris Inc. will post 1.76 earnings per share for the current fiscal year.

Polaris Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be paid a dividend of $0.68 per share. The ex-dividend date is Monday, June 1st. This represents a $2.72 annualized dividend and a yield of 3.8%. Polaris’s dividend payout ratio is presently -34.69%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on PII. Wells Fargo & Company upped their target price on Polaris from $52.00 to $60.00 and gave the company an “equal weight” rating in a report on Wednesday, April 29th. 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. Robert W. Baird upped their target price on Polaris from $67.00 to $70.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. Finally, Morgan Stanley reduced their target price on Polaris from $74.00 to $69.00 and set an “equal weight” rating for the company in a report on Tuesday, May 19th. One 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 company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $64.44.

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.