Polaris (NYSE:PII) SVP Sells $352,172.31 in Stock

Polaris Inc. (NYSE:PIIGet Free Report) SVP James Williams sold 5,243 shares of the stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $67.17, for a total transaction of $352,172.31. Following the sale, the senior vice president directly owned 48,645 shares of the company’s stock, valued at approximately $3,267,484.65. This trade represents a 9.73% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Polaris Trading Up 3.8%

PII stock traded up $2.58 during midday trading on Wednesday, reaching $69.78. 834,670 shares of the company’s stock traded hands, compared to its average volume of 1,072,730. The company has a debt-to-equity ratio of 1.81, a current ratio of 0.98 and a quick ratio of 0.35. Polaris Inc. has a fifty-two week low of $30.92 and a fifty-two week high of $75.25. The business has a 50-day moving average price of $67.75 and a two-hundred day moving average price of $62.58. The company has a market capitalization of $3.93 billion, a P/E ratio of -8.53, a PEG ratio of 2.25 and a beta of 1.19.

Polaris (NYSE:PIIGet Free Report) last issued its earnings results on Tuesday, January 27th. The company reported $0.08 EPS for the quarter, beating analysts’ consensus estimates 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 business had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.82 billion. During the same quarter last year, the firm posted $0.92 EPS. The business’s revenue for the quarter was up 9.5% compared to the same quarter last year. 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 forecast that Polaris Inc. will post 1.11 EPS for the current fiscal year.

Polaris Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be issued a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a dividend yield of 3.9%. 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%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on PII. Royal Bank Of Canada lowered their price objective on shares of Polaris to $67.00 and set a “sector perform” rating for the company in a research report on Tuesday, January 27th. Zacks Research downgraded shares of Polaris from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 12th. Roth Mkm reiterated a “neutral” rating on shares of Polaris in a report on Wednesday, January 28th. Citigroup upped their price objective on shares of Polaris from $60.00 to $71.00 and gave the company a “neutral” rating in a research report on Thursday, October 30th. Finally, Seaport Research Partners raised Polaris to a “strong-buy” rating in a research report on Thursday, January 8th. Twelve equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, Polaris currently has a consensus rating of “Hold” and an average price target of $59.80.

Get Our Latest Analysis on Polaris

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Federated Hermes Inc. boosted its holdings in shares of Polaris by 109.2% in the 3rd quarter. Federated Hermes Inc. now owns 144,056 shares of the company’s stock valued at $8,374,000 after buying an additional 75,185 shares during the period. Nomura Holdings Inc. bought a new position in Polaris in the second quarter worth about $5,009,000. Nisa Investment Advisors LLC boosted its stake in Polaris by 1,116.4% in the third quarter. Nisa Investment Advisors LLC now owns 45,431 shares of the company’s stock valued at $2,641,000 after acquiring an additional 41,696 shares during the period. Mitsubishi UFJ Trust & Banking Corp bought a new position in shares of Polaris during the third quarter valued at approximately $1,610,000. Finally, Versor Investments LP bought a new stake in shares of Polaris in the 2nd quarter worth approximately $211,000. Institutional investors and hedge funds own 88.06% of the company’s stock.

About Polaris

(Get Free Report)

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.

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