Citigroup Inc. Has $13.56 Million Stock Position in Polaris Inc. $PII

Citigroup Inc. boosted its position in Polaris Inc. (NYSE:PII) by 113.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 233,319 shares of the company’s stock after acquiring an additional 123,776 shares during the period. Citigroup Inc.’s holdings in Polaris were worth $13,563,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. State Street Corp grew its position in Polaris by 15.7% in the 2nd quarter. State Street Corp now owns 3,137,866 shares of the company’s stock valued at $127,554,000 after purchasing an additional 426,482 shares during the period. RWWM Inc. raised its holdings in shares of Polaris by 0.3% in the 2nd quarter. RWWM Inc. now owns 2,401,477 shares of the company’s stock worth $97,620,000 after acquiring an additional 6,428 shares during the last quarter. AQR Capital Management LLC lifted its position in Polaris by 564.8% in the 2nd quarter. AQR Capital Management LLC now owns 1,752,801 shares of the company’s stock valued at $70,673,000 after acquiring an additional 1,489,157 shares in the last quarter. Geode Capital Management LLC boosted its stake in Polaris by 44.5% during the 2nd quarter. Geode Capital Management LLC now owns 1,311,659 shares of the company’s stock valued at $53,326,000 after purchasing an additional 404,178 shares during the last quarter. Finally, American Century Companies Inc. increased its holdings in Polaris by 9.4% during the 2nd quarter. American Century Companies Inc. now owns 1,168,100 shares of the company’s stock worth $47,483,000 after purchasing an additional 100,624 shares in the last quarter. 88.06% of the stock is owned by institutional investors and hedge funds.

Polaris Trading Down 4.9%

Shares of Polaris stock opened at $60.72 on Friday. The firm has a market cap of $3.44 billion, a PE ratio of -7.42 and a beta of 1.19. Polaris Inc. has a 1 year low of $30.92 and a 1 year 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 stock has a fifty day moving average price of $67.07 and a 200-day moving average price of $64.15.

Polaris (NYSE:PII) last posted its quarterly earnings results on Tuesday, January 27th. The company reported $0.08 earnings per share 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 company had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.82 billion. During the same quarter in the prior year, the business earned $0.92 earnings per share. The firm’s revenue for the quarter was up 9.5% on a year-over-year basis. 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 Inc. 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. Stockholders of record on Monday, March 2nd will be paid a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a dividend yield of 4.5%. The ex-dividend date is Monday, March 2nd. This is an increase from Polaris’s previous quarterly dividend of $0.67. Polaris’s dividend payout ratio (DPR) is -32.76%.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on PII shares. Zacks Research lowered Polaris from a “strong-buy” rating to a “hold” rating in a report on Friday, December 12th. Seaport Research Partners upgraded Polaris to a “strong-buy” rating in a research note on Thursday, January 8th. Roth Mkm reiterated a “neutral” rating on shares of Polaris in a research note on Wednesday, January 28th. Weiss Ratings downgraded shares of Polaris from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, February 17th. Finally, Morgan Stanley cut their price target on shares of Polaris from $81.00 to $74.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 17th. Eleven equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Reduce” and a consensus price target of $59.10.

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 stock was sold at an average price of $67.17, for a total value of $352,172.31. Following the sale, the senior vice president directly owned 48,645 shares in the company, valued at $3,267,484.65. The trade was a 9.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Benjamin D. Duke sold 10,090 shares of the company’s stock in a transaction 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 transaction, the insider directly owned 30,242 shares in the company, valued at $2,020,770.44. This represents a 25.02% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 54,973 shares of company stock valued at $3,678,715. 3.12% of the stock is owned by company insiders.

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.