31,988 Shares in Polaris Inc. $PII Acquired by Forty three Eighteen Advisors LLC

Forty three Eighteen Advisors LLC purchased a new position in shares of Polaris Inc. (NYSE:PII) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 31,988 shares of the company’s stock, valued at approximately $2,023,000. Polaris makes up 1.6% of Forty three Eighteen Advisors LLC’s portfolio, making the stock its 18th largest position. Forty three Eighteen Advisors LLC owned about 0.06% of Polaris as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of PII. Rockefeller Capital Management L.P. grew its stake in shares of Polaris by 1.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 10,726 shares of the company’s stock worth $678,000 after purchasing an additional 194 shares in the last quarter. Corient Private Wealth LLC lifted its holdings in Polaris by 55.3% during the 4th quarter. Corient Private Wealth LLC now owns 18,286 shares of the company’s stock worth $1,157,000 after buying an additional 6,508 shares during the last quarter. Auto Owners Insurance Co lifted its holdings in Polaris by 6,225.0% during the 4th quarter. Auto Owners Insurance Co now owns 65,463,750 shares of the company’s stock worth $4,140,582,000 after buying an additional 64,428,750 shares during the last quarter. SHP Wealth Management acquired a new position in shares of Polaris during the 4th quarter worth about $74,000. Finally, Invesco Ltd. boosted its position in shares of Polaris by 79.2% during the 4th quarter. Invesco Ltd. now owns 1,065,910 shares of the company’s stock worth $67,419,000 after acquiring an additional 471,106 shares in the last quarter. 88.06% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Citigroup raised their target price on Polaris from $58.00 to $70.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Raymond James Financial reaffirmed an “outperform” rating on shares of Polaris in a report on Wednesday, April 29th. Roth Mkm reiterated a “neutral” rating on shares of Polaris in a research note on Wednesday, April 29th. Zacks Research cut shares of Polaris from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 20th. Finally, Wells Fargo & Company boosted their price objective on shares of Polaris from $52.00 to $60.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 29th. One research analyst has rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $64.44.

Polaris Stock Down 0.2%

Polaris stock opened at $71.25 on Friday. Polaris Inc. has a fifty-two week low of $38.42 and a fifty-two week high of $75.25. 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 company has a market capitalization of $4.05 billion, a P/E ratio of -9.09 and a beta of 1.26. The stock has a 50-day simple moving average of $64.83 and a 200-day simple moving average of $63.85.

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

Polaris Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were issued a $0.68 dividend. This represents a $2.72 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend was Monday, June 1st. Polaris’s dividend payout ratio is presently -34.69%.

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.