Versor Investments LP Buys Shares of 5,200 Polaris Inc. $PII

Versor Investments LP purchased a new position in shares of Polaris Inc. (NYSE:PII) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 5,200 shares of the company’s stock, valued at approximately $211,000.

Other institutional investors have also made changes to their positions in the company. Allworth Financial LP increased its holdings in Polaris by 7,462.5% in the first quarter. Allworth Financial LP now owns 1,210 shares of the company’s stock worth $50,000 after buying an additional 1,194 shares during the last quarter. Fifth Third Bancorp grew its position in Polaris by 39.9% in the second quarter. Fifth Third Bancorp now owns 1,393 shares of the company’s stock worth $57,000 after acquiring an additional 397 shares in the last quarter. UMB Bank n.a. increased its stake in shares of Polaris by 79.0% during the 2nd quarter. UMB Bank n.a. now owns 1,441 shares of the company’s stock worth $59,000 after purchasing an additional 636 shares during the last quarter. Opal Wealth Advisors LLC raised its holdings in shares of Polaris by 91.4% during the 2nd quarter. Opal Wealth Advisors LLC now owns 1,638 shares of the company’s stock valued at $67,000 after purchasing an additional 782 shares in the last quarter. Finally, Hantz Financial Services Inc. raised its holdings in shares of Polaris by 21,325.0% during the 2nd quarter. Hantz Financial Services Inc. now owns 1,714 shares of the company’s stock valued at $70,000 after purchasing an additional 1,706 shares in the last quarter. 88.06% of the stock is currently owned by institutional investors and hedge funds.

Polaris Price Performance

NYSE PII opened at $65.62 on Friday. The stock has a 50-day simple moving average of $62.13 and a 200 day simple moving average of $50.77. Polaris Inc. has a twelve month low of $30.92 and a twelve month high of $75.25. The stock has a market capitalization of $3.69 billion, a PE ratio of -24.76 and a beta of 1.09. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.37 and a current ratio of 1.02.

Polaris (NYSE:PII) last released its earnings results on Tuesday, October 28th. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.04. Polaris had a positive return on equity of 3.89% and a negative net margin of 2.17%.The firm had revenue of $1.84 billion for the quarter, compared to analyst estimates of $1.68 billion. During the same quarter last year, the firm posted $0.73 EPS. The company’s revenue was up 6.9% on a year-over-year basis. Polaris has set its FY 2025 guidance at -0.050–0.050 EPS. Q4 2025 guidance at 0.050-0.050 EPS. Research analysts anticipate that Polaris Inc. will post 1.11 EPS for the current year.

Polaris Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Monday, December 1st will be given a dividend of $0.67 per share. The ex-dividend date of this dividend is Monday, December 1st. This represents a $2.68 dividend on an annualized basis and a yield of 4.1%. Polaris’s payout ratio is -101.13%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. Weiss Ratings reiterated a “sell (d+)” rating on shares of Polaris in a report on Wednesday, October 8th. Royal Bank Of Canada upped their price target on Polaris from $56.00 to $67.00 and gave the stock a “sector perform” rating in a research note on Wednesday, October 29th. Citigroup raised their price objective on Polaris from $60.00 to $71.00 and gave the company a “neutral” rating in a research note on Thursday, October 30th. Zacks Research raised Polaris from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 15th. Finally, Robert W. Baird increased their price target on Polaris from $55.00 to $60.00 and gave the company a “neutral” rating in a report on Monday, October 6th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Polaris has an average rating of “Hold” and an average price target of $54.91.

About Polaris

Polaris Inc designs, engineers, manufactures, and markets powersports vehicles in the United States, Canada, and internationally. It operates through three segments: Off-Road, On-Road, and Marine. The company offers off-road vehicles (ORVs), including all-terrain vehicles and side-by-side vehicles; military and commercial ORVs; snowmobiles; motorcycles; and moto-roadsters, quadricycles, and boats.