Landscape Capital Management L.L.C. acquired a new stake in Polaris Inc. (NYSE:PII – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 76,223 shares of the company’s stock, valued at approximately $4,821,000. Landscape Capital Management L.L.C. owned about 0.14% of Polaris at the end of the most recent quarter.
Other institutional investors have also recently bought and sold shares of the company. Danske Bank A S raised its holdings in Polaris by 150.0% in the 4th quarter. Danske Bank A S now owns 500 shares of the company’s stock worth $32,000 after acquiring an additional 300 shares during the period. Mirae Asset Global Investments Co. Ltd. bought a new position in Polaris in the 4th quarter worth $40,000. Bard Associates Inc. bought a new position in Polaris in the 4th quarter worth $46,000. Hilton Head Capital Partners LLC bought a new position in Polaris in the 4th quarter worth $52,000. Finally, FNY Investment Advisers LLC bought a new position in Polaris in the 4th quarter worth $75,000. Institutional investors own 88.06% of the company’s stock.
Analyst Ratings Changes
Several research analysts recently commented on the stock. Morgan Stanley dropped their target price on shares of Polaris from $74.00 to $69.00 and set an “equal weight” rating on the stock in a report on Tuesday, May 19th. Weiss Ratings downgraded shares of Polaris from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, February 17th. Zacks Research downgraded shares of Polaris from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 20th. Roth Mkm restated a “neutral” rating on shares of Polaris in a report on Wednesday, April 29th. Finally, Citigroup boosted their price objective on shares of Polaris from $58.00 to $70.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. One equities research analyst has rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Polaris currently has a consensus rating of “Hold” and a consensus target price of $64.44.
Polaris Stock Performance
NYSE:PII opened at $70.97 on Friday. The firm’s 50-day moving average is $63.24 and its 200-day moving average is $63.71. Polaris Inc. has a 52-week low of $38.42 and a 52-week high of $75.25. The company has a debt-to-equity ratio of 2.72, a quick ratio of 0.48 and a current ratio of 1.21. The company has a market cap of $4.04 billion, a price-to-earnings ratio of -9.05 and a beta of 1.26.
Polaris (NYSE:PII – Get Free Report) last posted its earnings results on Monday, April 27th. The company reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.43) by $0.56. The business had revenue of $1.66 billion for the quarter, compared to analysts’ expectations of $1.63 billion. Polaris had a negative net margin of 6.13% and a positive return on equity of 5.91%. The firm’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($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 1.76 earnings per share for the current year.
Polaris Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be paid a $0.68 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a $2.72 dividend on an annualized basis and a yield of 3.8%. Polaris’s 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.
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