Focus Partners Advisor Solutions LLC Takes Position in Polaris Inc. $PII

Focus Partners Advisor Solutions LLC purchased a new stake in Polaris Inc. (NYSE:PII) during the second quarter, HoldingsChannel.com reports. The firm purchased 10,801 shares of the company’s stock, valued at approximately $739,000.

Several other large investors also recently made changes to their positions in the business. Jefferies Financial Group Inc. bought a new stake in shares of Polaris during the fourth quarter valued at approximately $10,778,000. Strs Ohio grew its stake in shares of Polaris by 17,000.0% during the fourth quarter. Strs Ohio now owns 51,300 shares of the company’s stock worth $3,245,000 after purchasing an additional 51,000 shares during the period. Comerica Bank increased its stake in shares of Polaris by 173.4% in the 4th quarter. Comerica Bank now owns 41,939 shares of the company’s stock valued at $2,653,000 after acquiring an additional 26,601 shares during the last quarter. Principal Financial Group Inc. increased its stake in Polaris by 60.8% in the first quarter. Principal Financial Group Inc. now owns 186,166 shares of the company’s stock valued at $10,146,000 after purchasing an additional 70,421 shares in the last quarter. Finally, Teachers Retirement System of The State of Kentucky increased its position in shares of Polaris by 87.0% in the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 34,937 shares of the company’s stock valued at $1,905,000 after buying an additional 16,252 shares in the last quarter. Institutional investors own 88.06% of the company’s stock.

Polaris Stock Down 1.8%

Shares of PII opened at $68.27 on Tuesday. The company has a debt-to-equity ratio of 2.28, a quick ratio of 0.47 and a current ratio of 1.20. The stock has a market capitalization of $3.88 billion, a price-to-earnings ratio of -14.75 and a beta of 1.26. Polaris Inc. has a 52 week low of $47.14 and a 52 week high of $77.98. The stock has a fifty day moving average of $69.59 and a 200-day moving average of $64.24.

Polaris (NYSE:PII) last released its quarterly earnings results on Tuesday, July 28th. The company reported $1.97 earnings per share for the quarter, topping the consensus estimate of $0.76 by $1.21. Polaris had a positive return on equity of 16.77% and a negative net margin of 3.50%.The company had revenue of $2.02 billion for the quarter, compared to analysts’ expectations of $1.95 billion. During the same period in the previous year, the business posted ($1.39) earnings per share. The business’s quarterly revenue was up 9.2% compared to the same quarter last year. Polaris has set its FY 2026 guidance at 3.000-3.100 EPS. As a group, sell-side analysts anticipate that Polaris Inc. will post 3.22 earnings per share for the current fiscal year.

Polaris Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be issued a dividend of $0.68 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $2.72 annualized dividend and a yield of 4.0%. Polaris’s payout ratio is presently -58.75%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Roth Capital reaffirmed a “neutral” rating on shares of Polaris in a research note on Wednesday, July 29th. Morgan Stanley cut their price objective on Polaris from $74.00 to $69.00 and set an “equal weight” rating for the company in a report on Tuesday, May 19th. Zacks Research raised Polaris from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 21st. Bank of America reaffirmed a “neutral” rating on shares of Polaris in a report on Wednesday, July 29th. Finally, Royal Bank Of Canada boosted their target price on shares of Polaris from $65.00 to $75.00 and gave the company a “sector perform” rating in a research report on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $67.00.

Polaris 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.