Polaris (NYSE:PII) SVP Sells $352,172.31 in Stock

Polaris Inc. (NYSE:PIIGet Free Report) SVP James Williams sold 5,243 shares of the stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $67.17, for a total value of $352,172.31. Following the completion of the sale, the senior vice president owned 48,645 shares in the company, valued at approximately $3,267,484.65. The trade was a 9.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Polaris Trading Up 3.3%

PII opened at $69.46 on Friday. The business has a fifty day moving average price of $67.83 and a 200 day moving average price of $62.77. 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 12 month low of $30.92 and a 12 month high of $75.25. The stock has a market capitalization of $3.91 billion, a price-to-earnings ratio of -8.49, a PEG ratio of 2.40 and a beta of 1.19.

Polaris (NYSE:PIIGet Free Report) last announced its quarterly earnings data on Tuesday, January 27th. The company reported $0.08 earnings per share (EPS) for the quarter, beating 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 business had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.82 billion. During the same quarter last year, the business posted $0.92 EPS. The business’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. Sell-side analysts expect that Polaris Inc. will post 1.11 earnings per share for the current fiscal year.

Polaris Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be issued a dividend of $0.68 per share. This is a boost from Polaris’s previous quarterly dividend of $0.67. The ex-dividend date is Monday, March 2nd. This represents a $2.72 annualized dividend and a yield of 3.9%. Polaris’s dividend payout ratio (DPR) is presently -32.76%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on PII. Weiss Ratings raised shares of Polaris from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, January 16th. BMO Capital Markets reaffirmed a “market perform” rating and set a $70.00 price target on shares of Polaris in a report on Wednesday, October 29th. Morgan Stanley increased their price objective on Polaris from $72.00 to $81.00 and gave the company an “equal weight” rating in a report on Friday, January 16th. Zacks Research downgraded Polaris from a “strong-buy” rating to a “hold” rating in a report on Friday, December 12th. Finally, Roth Mkm reiterated a “neutral” rating on shares of Polaris in a research note on Wednesday, January 28th. Twelve research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $59.80.

Read Our Latest Analysis on PII

Institutional Trading of Polaris

A number of large investors have recently made changes to their positions in the company. Federated Hermes Inc. increased its stake in Polaris by 109.2% in the 3rd quarter. Federated Hermes Inc. now owns 144,056 shares of the company’s stock valued at $8,374,000 after buying an additional 75,185 shares during the period. Nomura Holdings Inc. acquired a new stake in shares of Polaris in the 2nd quarter worth $5,009,000. Nisa Investment Advisors LLC boosted its holdings in shares of Polaris by 1,116.4% in the third quarter. Nisa Investment Advisors LLC now owns 45,431 shares of the company’s stock valued at $2,641,000 after acquiring an additional 41,696 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp purchased a new stake in shares of Polaris in the third quarter valued at about $1,610,000. Finally, Versor Investments LP acquired a new position in shares of Polaris during the second quarter worth about $211,000. 88.06% of the stock is owned by institutional investors and hedge funds.

Polaris Company Profile

(Get Free Report)

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.

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