Short Interest in Polaris Inc. (NYSE:PII) Decreases By 14.6%

Polaris Inc. (NYSE:PII) saw a large decrease in short interest in January. As of January 30th, there was short interest totaling 6,199,324 shares, a decrease of 14.6% from the January 15th total of 7,258,495 shares. Currently, 11.4% of the shares of the company are sold short. Based on an average daily trading volume, of 1,230,511 shares, the days-to-cover ratio is presently 5.0 days. Based on an average daily trading volume, of 1,230,511 shares, the days-to-cover ratio is presently 5.0 days. Currently, 11.4% of the shares of the company are sold short.

Polaris Trading Up 0.1%

PII traded up $0.06 during trading on Tuesday, hitting $65.88. 626,980 shares of the stock traded hands, compared to its average volume of 982,351. The firm has a market capitalization of $3.71 billion, a P/E ratio of -8.05 and a beta of 1.19. Polaris has a 12-month low of $30.92 and a 12-month 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. The firm has a 50-day moving average of $67.91 and a 200 day moving average of $63.53.

Polaris (NYSE:PII) last issued its quarterly earnings data on Tuesday, January 27th. The company reported $0.08 EPS for the quarter, beating the consensus estimate of $0.06 by $0.02. Polaris had a negative net margin of 6.51% and a negative return on equity of 0.05%. The firm had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.82 billion. During the same period in the prior year, the firm posted $0.92 earnings per share. The company’s quarterly 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. Equities research analysts anticipate that Polaris will post 1.11 EPS for the current year.

Polaris Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be given a dividend of $0.68 per share. This is an increase from Polaris’s previous quarterly dividend of $0.67. This represents a $2.72 annualized dividend and a dividend yield of 4.1%. The ex-dividend date is Monday, March 2nd. Polaris’s dividend payout ratio is presently -32.76%.

Insider Buying and Selling

In other Polaris news, SVP James P. Williams sold 5,243 shares of the business’s stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $67.17, for a total transaction of $352,172.31. Following the sale, the senior vice president owned 48,645 shares of the company’s stock, valued at $3,267,484.65. The trade was a 9.73% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Michael T. Speetzen sold 35,086 shares of the firm’s stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $66.83, for a total value of $2,344,797.38. Following the completion of the transaction, the chief executive officer directly owned 136,362 shares of the company’s stock, valued at $9,113,072.46. The trade was a 20.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 54,973 shares of company stock valued at $3,678,715. Company insiders own 3.12% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in PII. Trexquant Investment LP grew its stake in Polaris by 70.3% in the fourth quarter. Trexquant Investment LP now owns 54,487 shares of the company’s stock worth $3,446,000 after purchasing an additional 22,496 shares during the period. Osaic Holdings Inc. increased its stake in shares of Polaris by 4.6% during the fourth quarter. Osaic Holdings Inc. now owns 43,630 shares of the company’s stock valued at $2,765,000 after purchasing an additional 1,905 shares in the last quarter. California State Teachers Retirement System lifted its holdings in shares of Polaris by 3.5% during the fourth quarter. California State Teachers Retirement System now owns 50,690 shares of the company’s stock valued at $3,206,000 after purchasing an additional 1,701 shares during the last quarter. Russell Investments Group Ltd. boosted its position in shares of Polaris by 0.3% in the 4th quarter. Russell Investments Group Ltd. now owns 123,886 shares of the company’s stock worth $7,838,000 after purchasing an additional 340 shares in the last quarter. Finally, Kemnay Advisory Services Inc. purchased a new stake in shares of Polaris in the 4th quarter worth approximately $27,000. Hedge funds and other institutional investors own 88.06% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Citigroup boosted their price target on shares of Polaris from $60.00 to $71.00 and gave the company a “neutral” rating in a research report on Thursday, October 30th. Roth Mkm reaffirmed a “neutral” rating on shares of Polaris in a report on Wednesday, January 28th. Loop Capital began coverage on Polaris in a report on Thursday, November 13th. They set a “hold” rating and a $59.00 price objective for the company. Royal Bank Of Canada dropped their price objective on shares of Polaris to $67.00 and set a “sector perform” rating for the company in a report on Tuesday, January 27th. Finally, Weiss Ratings raised shares of Polaris from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, January 16th. Twelve analysts have rated the stock with a Hold rating, According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $59.80.

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.