Polaris Inc. (NYSE:PII – Get Free Report) has been given an average recommendation of “Hold” by the twelve brokerages that are covering the stock, Marketbeat reports. Twelve equities research analysts have rated the stock with a hold rating. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $59.80.
Several brokerages recently weighed in on PII. Loop Capital assumed coverage on Polaris in a research note on Thursday, November 13th. They set a “hold” rating and a $59.00 target price for the company. Royal Bank Of Canada lowered their target price on Polaris to $67.00 and set a “sector perform” rating for the company in a research note on Tuesday, January 27th. Citigroup increased their price objective on shares of Polaris from $60.00 to $71.00 and gave the company a “neutral” rating in a report on Thursday, October 30th. Zacks Research downgraded shares of Polaris from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 12th. Finally, Roth Mkm reissued a “neutral” rating on shares of Polaris in a research note on Wednesday, January 28th.
View Our Latest Research Report on Polaris
Polaris Price Performance
Polaris (NYSE:PII – Get Free Report) last posted its earnings results on Tuesday, January 27th. The company reported $0.08 EPS for the quarter, topping the consensus estimate of $0.06 by $0.02. The company had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.82 billion. Polaris had a negative net margin of 6.51% and a negative return on equity of 0.05%. The company’s revenue for the quarter was up 9.5% compared to the same quarter last year. During the same period in the previous 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. Analysts forecast that Polaris will post 1.11 EPS for the current fiscal year.
Polaris Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be paid a $0.68 dividend. This represents a $2.72 annualized dividend and a yield of 3.9%. The ex-dividend date is Monday, March 2nd. This is an increase from Polaris’s previous quarterly dividend of $0.67. Polaris’s dividend payout ratio (DPR) is presently -32.76%.
Insider Activity
In other news, SVP James P. Williams sold 5,243 shares of the stock in a transaction that occurred on Tuesday, February 3rd. The stock was 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 of the company’s stock, valued at approximately $3,267,484.65. This represents a 9.73% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 3.12% of the stock is currently owned by corporate insiders.
Institutional Trading of Polaris
A number of large investors have recently added to or reduced their stakes in PII. Harbor Capital Advisors Inc. acquired a new position in Polaris during the third quarter worth approximately $26,000. Parkside Financial Bank & Trust lifted its position in Polaris by 371.4% during the second quarter. Parkside Financial Bank & Trust now owns 693 shares of the company’s stock worth $28,000 after purchasing an additional 546 shares during the period. Danske Bank A S increased its stake in Polaris by 150.0% in the fourth quarter. Danske Bank A S now owns 500 shares of the company’s stock valued at $32,000 after acquiring an additional 300 shares during the last quarter. EMC Capital Management acquired a new stake in Polaris in the second quarter valued at about $36,000. Finally, Quent Capital LLC acquired a new position in Polaris during the 3rd quarter worth approximately $37,000. Institutional investors and hedge funds own 88.06% of the company’s stock.
Polaris Company Profile
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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