Ontario Teachers Pension Plan Board Purchases 9,576 Shares of Polaris Inc. $PII

Ontario Teachers Pension Plan Board increased its position in shares of Polaris Inc. (NYSE:PII) by 23.0% during the third quarter, HoldingsChannel.com reports. The firm owned 51,224 shares of the company’s stock after buying an additional 9,576 shares during the period. Ontario Teachers Pension Plan Board’s holdings in Polaris were worth $2,978,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Goldman Sachs Group Inc. boosted its stake in Polaris by 677.2% during the first quarter. Goldman Sachs Group Inc. now owns 544,295 shares of the company’s stock worth $22,283,000 after buying an additional 474,259 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Polaris by 27.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 183,289 shares of the company’s stock worth $7,504,000 after acquiring an additional 39,584 shares during the period. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of Polaris during the 2nd quarter valued at about $557,000. Allianz Asset Management GmbH increased its stake in Polaris by 8.6% in the second quarter. Allianz Asset Management GmbH now owns 199,543 shares of the company’s stock valued at $8,111,000 after acquiring an additional 15,854 shares during the period. Finally, International Assets Investment Management LLC raised its position in Polaris by 33.1% in the second quarter. International Assets Investment Management LLC now owns 9,185 shares of the company’s stock worth $373,000 after purchasing an additional 2,283 shares in the last quarter. 88.06% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have weighed in on PII. BMO Capital Markets reaffirmed a “market perform” rating and set a $70.00 price objective on shares of Polaris in a report on Wednesday, October 29th. Zacks Research downgraded Polaris from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 12th. Seaport Research Partners upgraded Polaris to a “strong-buy” rating in a research report on Thursday, January 8th. Roth Mkm reissued a “neutral” rating on shares of Polaris in a report on Wednesday, January 28th. Finally, Citigroup boosted their target price on shares of Polaris from $60.00 to $71.00 and gave the company a “neutral” rating in a research note on Thursday, October 30th. Eleven research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average target price of $59.80.

Insider Activity

In other Polaris news, CEO Michael T. Speetzen sold 35,086 shares of the company’s stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $66.83, for a total transaction of $2,344,797.38. Following the transaction, the chief executive officer owned 136,362 shares of the company’s stock, valued at approximately $9,113,072.46. This represents a 20.46% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Benjamin D. Duke sold 10,090 shares of the stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $66.82, for a total value of $674,213.80. Following the completion of the transaction, the insider owned 30,242 shares in the company, valued at $2,020,770.44. The trade was a 25.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 54,973 shares of company stock valued at $3,678,715 over the last three months. 3.12% of the stock is owned by insiders.

Polaris Price Performance

Polaris stock opened at $66.48 on Thursday. The business’s fifty day moving average is $67.83 and its two-hundred day moving average is $63.66. 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 firm has a market cap of $3.77 billion, a P/E ratio of -8.13 and a beta of 1.19. Polaris Inc. has a 52 week low of $30.92 and a 52 week high of $75.25.

Polaris (NYSE:PII) last released 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. The business had revenue of $1.92 billion during the quarter, compared to analysts’ expectations 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 period in the previous year, the business 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. Equities research analysts forecast that Polaris Inc. will post 1.11 earnings per share for the current fiscal year.

Polaris Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 2nd will be given a dividend of $0.68 per share. The ex-dividend date is Monday, March 2nd. This is a positive change from Polaris’s previous quarterly dividend of $0.67. This represents a $2.72 dividend on an annualized basis and a dividend yield of 4.1%. Polaris’s dividend payout ratio (DPR) is currently -32.76%.

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.