Sky Investment Group LLC lessened its holdings in shares of Polaris Industries Inc. (NYSE:PII) by 8.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 10,301 shares of the company’s stock after selling 930 shares during the quarter. Sky Investment Group LLC’s holdings in Polaris Industries were worth $1,277,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Pennsylvania Trust Co increased its holdings in Polaris Industries by 2.1% during the 4th quarter. Pennsylvania Trust Co now owns 25,095 shares of the company’s stock valued at $3,112,000 after purchasing an additional 525 shares during the period. Nisa Investment Advisors LLC boosted its position in Polaris Industries by 17.6% during the 4th quarter. Nisa Investment Advisors LLC now owns 36,548 shares of the company’s stock valued at $4,532,000 after acquiring an additional 5,458 shares in the last quarter. Oak Point Wealth Management bought a new stake in Polaris Industries during the 4th quarter valued at approximately $820,000. Chicago Partners Investment Group LLC boosted its position in Polaris Industries by 7,025.0% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 15,390 shares of the company’s stock valued at $1,610,000 after acquiring an additional 15,174 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC bought a new stake in Polaris Industries during the 3rd quarter valued at approximately $530,000. Institutional investors own 90.91% of the company’s stock.

Shares of Polaris Industries Inc. (NYSE PII) traded up $3.20 on Wednesday, hitting $131.10. The stock had a trading volume of 337,914 shares, compared to its average volume of 535,510. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.34 and a current ratio of 1.04. Polaris Industries Inc. has a 12-month low of $77.91 and a 12-month high of $134.66. The company has a market cap of $8,180.00, a PE ratio of 41.23, a P/E/G ratio of 1.53 and a beta of 1.40.

Polaris Industries (NYSE:PII) last issued its quarterly earnings results on Tuesday, October 24th. The company reported $1.46 EPS for the quarter, topping analysts’ consensus estimates of $1.22 by $0.24. Polaris Industries had a return on equity of 33.81% and a net margin of 3.90%. The firm had revenue of $1.48 billion for the quarter, compared to analysts’ expectations of $1.40 billion. During the same period in the previous year, the firm posted $0.50 EPS. The business’s revenue for the quarter was up 24.8% compared to the same quarter last year. sell-side analysts forecast that Polaris Industries Inc. will post 4.85 EPS for the current fiscal year.

In other news, SVP James P. Williams sold 20,000 shares of the business’s stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $127.08, for a total value of $2,541,600.00. Following the sale, the senior vice president now directly owns 22,664 shares of the company’s stock, valued at approximately $2,880,141.12. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Stephen L. Eastman sold 1,500 shares of the business’s stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $127.72, for a total value of $191,580.00. Following the completion of the sale, the insider now directly owns 8,846 shares in the company, valued at $1,129,811.12. The disclosure for this sale can be found here. Over the last three months, insiders sold 58,102 shares of company stock worth $7,174,301. Insiders own 2.20% of the company’s stock.

Several analysts have weighed in on the company. Longbow Research raised Polaris Industries from an “underperform” rating to a “neutral” rating in a research report on Wednesday. Zacks Investment Research cut Polaris Industries from a “buy” rating to a “hold” rating in a research report on Thursday, January 4th. Wedbush lifted their price objective on Polaris Industries from $112.00 to $119.00 and gave the company a “neutral” rating in a research report on Wednesday, January 3rd. B. Riley lifted their price objective on Polaris Industries from $91.00 to $118.00 and gave the company a “neutral” rating in a research report on Wednesday, October 25th. Finally, Robert W. Baird lifted their price objective on Polaris Industries from $105.00 to $120.00 and gave the company a “neutral” rating in a research report on Wednesday, October 25th. One equities research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $102.20.

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Polaris Industries Company Profile

Polaris Industries Inc designs, engineers and manufactures powersports vehicles, which include Off-Road Vehicles (ORV), including All-Terrain Vehicles (ATV) and side-by-side vehicles for recreational and utility use; Snowmobiles, Motorcycles and Global Adjacent Markets vehicles, including Work and Transportation and military vehicles.

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Institutional Ownership by Quarter for Polaris Industries (NYSE:PII)

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