Polaris (NYSE:PII – Get Free Report) issued an update on its FY 2026 earnings guidance on Monday morning. The company provided EPS guidance of 1.600-1.700 for the period, compared to the consensus EPS estimate of 1.680. The company issued revenue guidance of $7.2 billion-$7.3 billion, compared to the consensus revenue estimate of $7.3 billion.
Analyst Ratings Changes
A number of equities research analysts have weighed in on PII shares. Royal Bank Of Canada decreased their target price on Polaris to $67.00 and set a “sector perform” rating for the company in a research report on Tuesday, January 27th. Seaport Research Partners upgraded Polaris to a “strong-buy” rating in a research note on Thursday, January 8th. Morgan Stanley decreased their price objective on Polaris from $81.00 to $74.00 and set an “equal weight” rating for the company in a report on Tuesday, February 17th. Zacks Research raised shares of Polaris from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 20th. Finally, Roth Mkm reiterated a “neutral” rating on shares of Polaris in a report on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $63.11.
Polaris Stock Up 1.8%
Polaris (NYSE:PII – Get Free Report) last issued its quarterly earnings data on Tuesday, January 27th. The company reported $0.08 earnings per share 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 company had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.82 billion. During the same quarter last year, the company earned $0.92 earnings per share. The firm’s revenue for the quarter 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. As a group, equities analysts forecast that Polaris will post 1.72 earnings per share for the current fiscal year.
Polaris Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 2nd were issued a $0.68 dividend. The ex-dividend date was Monday, March 2nd. This represents a $2.72 dividend on an annualized basis and a dividend yield of 4.5%. This is an increase from Polaris’s previous quarterly dividend of $0.67. Polaris’s dividend payout ratio (DPR) is -33.25%.
Insider Transactions at Polaris
In other Polaris news, insider Benjamin D. Duke sold 10,090 shares of the firm’s stock in a transaction that occurred 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 sale, the insider directly owned 30,242 shares in the company, valued at $2,020,770.44. This trade represents a 25.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP James P. Williams sold 5,243 shares of Polaris stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $67.17, for a total transaction of $352,172.31. Following the completion of the transaction, the senior vice president directly owned 48,645 shares in the company, valued at $3,267,484.65. This represents a 9.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 50,419 shares of company stock valued at $3,371,183 in the last 90 days. Insiders own 2.40% of the company’s stock.
Institutional Trading of Polaris
Institutional investors have recently made changes to their positions in the business. Kemnay Advisory Services Inc. purchased a new position in Polaris during the 4th quarter worth $27,000. Canada Pension Plan Investment Board purchased a new stake in Polaris in the second quarter valued at about $73,000. NewEdge Advisors LLC boosted its holdings in Polaris by 34.1% in the second quarter. NewEdge Advisors LLC now owns 1,877 shares of the company’s stock worth $76,000 after acquiring an additional 477 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in Polaris by 582.8% in the second quarter. EverSource Wealth Advisors LLC now owns 2,144 shares of the company’s stock worth $87,000 after acquiring an additional 1,830 shares in the last quarter. Finally, Summit Securities Group LLC purchased a new stake in shares of Polaris during the fourth quarter worth about $139,000. Institutional investors and hedge funds own 88.06% of the company’s stock.
About Polaris
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.
Further Reading
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