WBI Investments LLC Makes New Investment in Polaris Inc. $PII

WBI Investments LLC bought a new stake in Polaris Inc. (NYSE:PII) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 25,258 shares of the company’s stock, valued at approximately $1,468,000.

Several other large investors have also made changes to their positions in the company. Federated Hermes Inc. boosted its position in Polaris by 109.2% in the third 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 in the last quarter. Mitsubishi UFJ Trust & Banking Corp acquired a new stake in shares of Polaris during the third quarter worth approximately $1,610,000. Nomura Holdings Inc. bought a new position in shares of Polaris in the second quarter valued at approximately $5,009,000. Nisa Investment Advisors LLC grew its position in Polaris by 1,116.4% during the 3rd quarter. Nisa Investment Advisors LLC now owns 45,431 shares of the company’s stock worth $2,641,000 after acquiring an additional 41,696 shares during the last quarter. Finally, Convergence Investment Partners LLC acquired a new stake in Polaris during the 3rd quarter valued at $979,000. Institutional investors own 88.06% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. Weiss Ratings lowered Polaris from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, February 17th. Roth Mkm restated a “neutral” rating on shares of Polaris in a research note on Wednesday, January 28th. Seaport Research Partners raised Polaris to a “strong-buy” rating in a report on Thursday, January 8th. Morgan Stanley reduced their price target on shares of Polaris from $81.00 to $74.00 and set an “equal weight” rating on the stock in a research report on Tuesday, February 17th. Finally, Wells Fargo & Company started coverage on shares of Polaris in a report on Wednesday, March 11th. They set an “equal weight” rating and a $52.00 price objective on the stock. Eleven analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of $59.80.

Polaris Stock Up 2.7%

NYSE PII opened at $53.41 on Wednesday. The stock has a market capitalization of $3.03 billion, a P/E ratio of -6.53 and a beta of 1.19. Polaris Inc. has a 52 week low of $30.92 and a 52 week high of $75.25. The company has a debt-to-equity ratio of 1.81, a quick ratio of 0.35 and a current ratio of 0.98. The stock has a fifty day moving average of $64.16 and a 200-day moving average of $64.02.

Polaris (NYSE:PII) last issued its quarterly earnings results 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. The business had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.82 billion. Polaris had a negative return on equity of 0.05% and a negative net margin of 6.51%.The firm’s revenue for the quarter was up 9.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.92 earnings per share. 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, equities research analysts forecast that Polaris Inc. will post 1.11 EPS for the current year.

Polaris Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 2nd were paid a $0.68 dividend. This is a boost from Polaris’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $2.72 annualized dividend and a dividend yield of 5.1%. Polaris’s payout ratio is -33.25%.

Insider Transactions at Polaris

In other Polaris news, SVP James P. Williams sold 5,243 shares of Polaris stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $67.17, for a total transaction of $352,172.31. Following the completion of the sale, the senior vice president owned 48,645 shares of the company’s stock, valued at approximately $3,267,484.65. The trade was a 9.73% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Michael T. Speetzen sold 35,086 shares of the company’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $66.83, for a total transaction of $2,344,797.38. Following the sale, the chief executive officer owned 136,362 shares of the company’s stock, valued at $9,113,072.46. The trade was a 20.46% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 50,419 shares of company stock worth $3,371,183 in the last quarter. 3.12% of the stock is owned by company insiders.

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.