Polaris Inc. $PII Shares Sold by ProShare Advisors LLC

ProShare Advisors LLC lowered its holdings in Polaris Inc. (NYSE:PII) by 27.2% during the third quarter, Holdings Channel reports. The fund owned 814,518 shares of the company’s stock after selling 304,969 shares during the quarter. ProShare Advisors LLC’s holdings in Polaris were worth $47,348,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PII. Federated Hermes Inc. increased its position in shares of 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. Nomura Holdings Inc. purchased a new position in shares of Polaris during the 2nd quarter valued at approximately $5,009,000. Nisa Investment Advisors LLC grew its stake in Polaris by 1,116.4% in the 3rd 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 during the period. Mitsubishi UFJ Trust & Banking Corp purchased a new stake in Polaris in the 3rd quarter worth $1,610,000. Finally, Versor Investments LP acquired a new position in Polaris during the second quarter worth $211,000. 88.06% of the stock is currently owned by institutional investors and hedge funds.

Polaris Trading Down 0.4%

PII opened at $69.07 on Tuesday. The firm has a market capitalization of $3.88 billion, a price-to-earnings ratio of -8.44, a price-to-earnings-growth ratio of 2.48 and a beta of 1.19. The company’s 50 day simple moving average is $67.92 and its two-hundred day simple moving average is $63.04. Polaris Inc. has a 1-year low of $30.92 and a 1-year high of $75.25. 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 (NYSE:PII) last posted its quarterly earnings results on Tuesday, January 27th. The company reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $1.82 billion. During the same period in the prior year, the business earned $0.92 earnings per share. The business’s 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. Analysts expect that Polaris Inc. will post 1.11 EPS for the current fiscal year.

Polaris Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be issued a $0.68 dividend. This is an increase from Polaris’s previous quarterly dividend of $0.67. This represents a $2.72 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend is Monday, March 2nd. Polaris’s payout ratio is currently -32.76%.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. Loop Capital initiated coverage on shares of Polaris in a research report on Thursday, November 13th. They issued a “hold” rating and a $59.00 target price on the stock. Seaport Research Partners raised shares of Polaris to a “strong-buy” rating in a research note on Thursday, January 8th. Weiss Ratings upgraded Polaris from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, January 16th. 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. Finally, Citigroup lifted their price target on Polaris from $60.00 to $71.00 and gave the stock a “neutral” rating in a research note on Thursday, October 30th. Twelve research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Polaris currently has a consensus rating of “Hold” and a consensus price target of $59.80.

Insiders Place Their Bets

In other news, SVP James P. Williams sold 5,243 shares of the stock in a transaction that occurred 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 of the company’s stock, valued at $3,267,484.65. This represents a 9.73% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 3.12% of the stock is owned by insiders.

Polaris 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.