Polaris (NYSE:PII) Insider Benjamin Duke Sells 10,090 Shares of Stock

Polaris Inc. (NYSE:PII) insider Benjamin Duke sold 10,090 shares of the stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $66.82, for a total transaction of $674,213.80. Following the transaction, the insider directly owned 30,242 shares of the company’s stock, valued at $2,020,770.44. This represents a 25.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Polaris Stock Performance

NYSE:PII opened at $65.99 on Friday. The company has a market capitalization of $3.71 billion, a P/E ratio of -8.07, a P/E/G ratio of 2.38 and a beta of 1.19. The business has a fifty day simple moving average of $67.96 and a two-hundred day simple moving average of $63.21. The company has a debt-to-equity ratio of 1.81, a current ratio of 0.98 and a quick ratio of 0.35. Polaris Inc. has a 1 year low of $30.92 and a 1 year high of $75.25.

Polaris (NYSE:PII) last posted its quarterly earnings results on Tuesday, January 27th. The company reported $0.08 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.02. Polaris had a negative return on equity of 0.05% and a negative net margin of 6.51%.The company had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.82 billion. During the same quarter in the prior year, the company earned $0.92 EPS. The firm’s quarterly revenue was up 9.5% compared to the same quarter last year. Polaris has set its FY 2026 guidance at 1.500-1.600 EPS and its Q1 2026 guidance at 0.450-0.450 EPS. On average, analysts expect that Polaris Inc. will post 1.11 earnings per share for the current year.

Polaris Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 2nd will be given a $0.68 dividend. This represents a $2.72 annualized dividend and a dividend yield of 4.1%. This is an increase from Polaris’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend is Monday, March 2nd. Polaris’s payout ratio is presently -32.76%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Brooklyn Investment Group lifted its position in Polaris by 49.1% during the fourth quarter. Brooklyn Investment Group now owns 12,374 shares of the company’s stock valued at $806,000 after purchasing an additional 4,073 shares during the last quarter. Cibc World Markets Corp purchased a new stake in shares of Polaris during the 4th quarter valued at $223,000. Renaissance Technologies LLC purchased a new stake in shares of Polaris during the 4th quarter valued at $7,634,000. Dimensional Fund Advisors LP grew its position in Polaris by 7.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,439,151 shares of the company’s stock worth $91,030,000 after acquiring an additional 94,920 shares in the last quarter. Finally, Federated Hermes Inc. grew its position in Polaris by 19.8% in the fourth quarter. Federated Hermes Inc. now owns 172,650 shares of the company’s stock worth $10,920,000 after acquiring an additional 28,594 shares in the last quarter. Hedge funds and other institutional investors own 88.06% of the company’s stock.

Wall Street Analysts Forecast Growth

PII has been the topic of a number of analyst reports. BMO Capital Markets reissued a “market perform” rating and set a $70.00 target price on shares of Polaris in a report on Wednesday, October 29th. Roth Mkm reiterated a “neutral” rating on shares of Polaris in a research note on Wednesday, January 28th. Zacks Research cut Polaris from a “strong-buy” rating to a “hold” rating in a report on Friday, December 12th. Loop Capital assumed coverage on Polaris in a report on Thursday, November 13th. They set a “hold” rating and a $59.00 target price for the company. Finally, Citigroup increased their price target on shares of Polaris from $60.00 to $71.00 and gave the stock a “neutral” rating in a report on Thursday, October 30th. Twelve research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Polaris has an average rating of “Hold” and a consensus target price of $59.80.

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.