NorthRock Partners LLC Sells 3,065 Shares of Polaris Inc. $PII

NorthRock Partners LLC cut its position in shares of Polaris Inc. (NYSE:PII) by 31.1% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,782 shares of the company’s stock after selling 3,065 shares during the quarter. NorthRock Partners LLC’s holdings in Polaris were worth $276,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Fifth Third Bancorp boosted its position in shares of Polaris by 46.9% during the first quarter. Fifth Third Bancorp now owns 996 shares of the company’s stock valued at $41,000 after purchasing an additional 318 shares in the last quarter. Allworth Financial LP boosted its holdings in Polaris by 7,462.5% in the first quarter. Allworth Financial LP now owns 1,210 shares of the company’s stock worth $50,000 after acquiring an additional 1,194 shares in the last quarter. UMB Bank n.a. boosted its holdings in Polaris by 79.0% in the second quarter. UMB Bank n.a. now owns 1,441 shares of the company’s stock worth $59,000 after acquiring an additional 636 shares in the last quarter. Opal Wealth Advisors LLC boosted its holdings in Polaris by 91.4% in the second quarter. Opal Wealth Advisors LLC now owns 1,638 shares of the company’s stock worth $67,000 after acquiring an additional 782 shares in the last quarter. Finally, Quarry LP bought a new stake in Polaris in the first quarter worth $87,000. 88.06% of the stock is currently owned by institutional investors.

Polaris Trading Up 0.5%

Shares of NYSE:PII opened at $66.30 on Friday. The company has a market cap of $3.73 billion, a P/E ratio of -35.27 and a beta of 1.08. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.04 and a quick ratio of 0.37. Polaris Inc. has a 1 year low of $30.92 and a 1 year high of $83.31. The stock’s fifty day moving average price is $58.64 and its 200-day moving average price is $47.12.

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

Polaris Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Tuesday, September 2nd were issued a $0.67 dividend. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $2.68 dividend on an annualized basis and a yield of 4.0%. Polaris’s dividend payout ratio is currently -142.55%.

Analysts Set New Price Targets

Several equities research analysts have commented on the company. Zacks Research downgraded 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 issued a $52.00 target price (up from $33.00) on shares of Polaris in a report on Wednesday, July 30th. UBS Group boosted their target price on Polaris from $45.00 to $58.00 and gave the stock a “neutral” rating in a report on Monday, September 8th. Royal Bank Of Canada upped their price target on Polaris from $34.00 to $56.00 and gave the company a “sector perform” rating in a report on Wednesday, July 30th. Finally, Robert W. Baird upped their price target on Polaris from $55.00 to $60.00 and gave the company a “neutral” rating in a report on Monday, October 6th. One analyst has rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Polaris currently has a consensus rating of “Hold” and a consensus price target of $53.42.

About Polaris

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.