Versor Investments LP Takes Position in Polaris Inc. $PII

Versor Investments LP purchased a new stake in Polaris Inc. (NYSE:PII) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 7,648 shares of the company’s stock, valued at approximately $484,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Quantbot Technologies LP increased its stake in shares of Polaris by 0.4% in the third quarter. Quantbot Technologies LP now owns 47,913 shares of the company’s stock valued at $2,785,000 after buying an additional 177 shares during the period. Keybank National Association OH increased its stake in shares of Polaris by 1.9% in the fourth quarter. Keybank National Association OH now owns 9,872 shares of the company’s stock valued at $624,000 after buying an additional 184 shares during the period. Ballentine Partners LLC increased its stake in shares of Polaris by 3.0% in the third quarter. Ballentine Partners LLC now owns 6,761 shares of the company’s stock valued at $393,000 after buying an additional 196 shares during the period. Linden Thomas Advisory Services LLC increased its stake in shares of Polaris by 2.8% in the third quarter. Linden Thomas Advisory Services LLC now owns 8,241 shares of the company’s stock valued at $479,000 after buying an additional 227 shares during the period. Finally, Arizona State Retirement System boosted its position in shares of Polaris by 1.9% during the 3rd quarter. Arizona State Retirement System now owns 15,798 shares of the company’s stock valued at $918,000 after purchasing an additional 299 shares in the last quarter. Institutional investors and hedge funds own 88.06% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on PII. Raymond James Financial restated an “outperform” rating on shares of Polaris in a research report on Wednesday, April 29th. Citigroup upped their target price on Polaris from $58.00 to $70.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Wells Fargo & Company upped their target price on Polaris from $52.00 to $60.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 29th. Roth Mkm restated a “neutral” rating on shares of Polaris in a research report on Wednesday, April 29th. Finally, Robert W. Baird upped their target price on Polaris from $67.00 to $70.00 and gave the company a “neutral” rating in a research report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $65.00.

Polaris Stock Up 4.0%

Shares of Polaris stock opened at $66.16 on Friday. The stock’s 50-day moving average is $57.52 and its 200 day moving average is $63.35. The firm has a market cap of $3.76 billion, a price-to-earnings ratio of -8.44 and a beta of 1.25. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.21 and a quick ratio of 0.48. Polaris Inc. has a one year low of $36.73 and a one year high of $75.25.

Polaris (NYSE:PII) last announced its quarterly earnings results on Monday, April 27th. The company reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.43) by $0.56. The business had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.63 billion. Polaris had a positive return on equity of 5.91% and a negative net margin of 6.13%.The company’s quarterly revenue was up 8.0% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.90) earnings per share. Polaris has set its FY 2026 guidance at 1.600-1.700 EPS. Equities research analysts anticipate that Polaris Inc. will post 1.7 EPS for the current year.

Polaris Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be issued a $0.68 dividend. The ex-dividend date is Monday, June 1st. This represents a $2.72 annualized dividend and a yield of 4.1%. Polaris’s dividend payout ratio is presently -34.69%.

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.