Polaris Inc. (NYSE:PII) Receives Average Rating of “Hold” from Analysts

Polaris Inc. (NYSE:PII) has received an average rating of “Hold” from the twelve analysts that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and one has issued a buy rating on the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $64.4444.

A number of equities analysts have commented on PII shares. Robert W. Baird upped their price objective on shares of Polaris from $67.00 to $70.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. Zacks Research downgraded shares of Polaris from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 20th. Roth Mkm restated a “neutral” rating on shares of Polaris in a research report on Wednesday, April 29th. Raymond James Financial restated an “outperform” rating on shares of Polaris in a research report on Wednesday, April 29th. Finally, Weiss Ratings downgraded shares of Polaris from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, February 17th.

Polaris Trading Down 4.0%

NYSE PII opened at $66.14 on Friday. 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 firm has a market cap of $3.76 billion, a PE ratio of -8.44 and a beta of 1.26. Polaris has a one year low of $38.42 and a one year high of $75.25. The firm’s fifty day moving average is $61.83 and its two-hundred day moving average is $63.47.

Polaris (NYSE:PII) last posted its quarterly earnings data on Monday, April 27th. The company reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of ($0.43) by $0.56. The company had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.63 billion. Polaris had a negative net margin of 6.13% and a positive return on equity of 5.91%. Polaris’s quarterly revenue was up 8.0% on a year-over-year basis. During the same period in the previous year, the business posted ($0.90) earnings per share. Polaris has set its FY 2026 guidance at 1.600-1.700 EPS. Analysts expect that Polaris will post 1.76 earnings per share for the current year.

Polaris Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be given a dividend of $0.68 per share. The ex-dividend date is Monday, June 1st. This represents a $2.72 dividend on an annualized basis and a yield of 4.1%. Polaris’s dividend payout ratio is presently -34.69%.

Hedge Funds Weigh In On Polaris

A number of large investors have recently bought and sold shares of the company. Convergence Investment Partners LLC raised its position in Polaris by 1.1% during the 1st quarter. Convergence Investment Partners LLC now owns 15,798 shares of the company’s stock worth $861,000 after buying an additional 169 shares during the last quarter. Quantbot Technologies LP raised its position in Polaris by 0.4% during the 3rd quarter. Quantbot Technologies LP now owns 47,913 shares of the company’s stock worth $2,785,000 after buying an additional 177 shares during the last quarter. Keybank National Association OH increased its holdings in shares of Polaris by 1.9% in the 4th quarter. Keybank National Association OH now owns 9,872 shares of the company’s stock valued at $624,000 after purchasing an additional 184 shares in the last quarter. Rockefeller Capital Management L.P. increased its holdings in shares of Polaris by 1.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 10,726 shares of the company’s stock valued at $678,000 after purchasing an additional 194 shares in the last quarter. Finally, Linden Thomas Advisory Services LLC increased its holdings in shares of Polaris by 2.8% in the 3rd quarter. Linden Thomas Advisory Services LLC now owns 8,241 shares of the company’s stock valued at $479,000 after purchasing an additional 227 shares in the last quarter. Hedge funds and other institutional investors 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.