Farmers & Merchants Investments Inc. Reduces Stock Position in Polaris Inc. $PII

Farmers & Merchants Investments Inc. trimmed its holdings in Polaris Inc. (NYSE:PII) by 13.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,911 shares of the company’s stock after selling 789 shares during the period. Farmers & Merchants Investments Inc.’s holdings in Polaris were worth $200,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of PII. RWWM Inc. boosted its holdings in shares of Polaris by 169.2% in the first quarter. RWWM Inc. now owns 2,395,049 shares of the company’s stock worth $98,053,000 after acquiring an additional 1,505,351 shares during the period. Select Equity Group L.P. boosted its stake in Polaris by 142.1% in the 1st quarter. Select Equity Group L.P. now owns 1,620,565 shares of the company’s stock worth $66,346,000 after purchasing an additional 951,195 shares during the period. Invesco Ltd. grew its holdings in Polaris by 352.5% during the 1st quarter. Invesco Ltd. now owns 902,751 shares of the company’s stock valued at $36,959,000 after buying an additional 703,240 shares in the last quarter. Jacobs Levy Equity Management Inc. increased its position in shares of Polaris by 12,099.2% during the first quarter. Jacobs Levy Equity Management Inc. now owns 513,343 shares of the company’s stock valued at $21,016,000 after buying an additional 509,135 shares during the period. Finally, Goldman Sachs Group Inc. increased its position in shares of Polaris by 677.2% during the first quarter. Goldman Sachs Group Inc. now owns 544,295 shares of the company’s stock valued at $22,283,000 after buying an additional 474,259 shares during the period. Institutional investors own 88.06% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on PII shares. UBS Group boosted their price objective on shares of Polaris from $45.00 to $58.00 and gave the company a “neutral” rating in a research note on Monday, September 8th. Roth Capital boosted their price target on shares of Polaris from $32.00 to $41.00 and gave the company a “neutral” rating in a research report on Wednesday, July 23rd. Zacks Research cut shares of Polaris from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 27th. BMO Capital Markets reissued a “market perform” rating and set a $52.00 price objective (up previously from $33.00) on shares of Polaris in a research note on Wednesday, July 30th. Finally, Royal Bank Of Canada boosted their target price on Polaris from $34.00 to $56.00 and gave the stock a “sector perform” rating in a research report on Wednesday, July 30th. One research analyst has rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $49.17.

Polaris Stock Performance

Shares of PII stock opened at $56.05 on Tuesday. The company has a market capitalization of $3.15 billion, a P/E ratio of -29.81 and a beta of 1.08. Polaris Inc. has a fifty-two week low of $30.92 and a fifty-two week high of $86.51. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.37 and a current ratio of 1.04. The stock has a 50 day moving average price of $54.67 and a two-hundred day moving average price of $44.82.

Polaris (NYSE:PII) last posted its earnings results on Tuesday, July 29th. The company reported $0.40 earnings per share for the quarter, topping analysts’ consensus estimates of $0.05 by $0.35. Polaris had a negative net margin of 1.57% and a positive return on equity of 5.16%. The company had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.73 billion. During the same period in the prior year, the business posted $1.38 earnings per share. Polaris’s revenue for the quarter was down 5.5% on a year-over-year basis. Polaris has set its Q3 2025 guidance at EPS. Analysts expect that Polaris Inc. will post 1.11 earnings per share for the current year.

Polaris Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Tuesday, September 2nd were paid a dividend of $0.67 per share. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $2.68 annualized dividend and a dividend yield of 4.8%. Polaris’s payout ratio is -142.55%.

Polaris Profile

Polaris Inc designs, engineers, manufactures, and markets powersports vehicles in the United States, Canada, and internationally. It operates through three segments: Off-Road, On-Road, and Marine. The company offers off-road vehicles (ORVs), including all-terrain vehicles and side-by-side vehicles; military and commercial ORVs; snowmobiles; motorcycles; and moto-roadsters, quadricycles, and boats.