Polaris (NYSE:PII) Trading Up 13.1% – Here’s Why

Polaris Inc. (NYSE:PII) was up 13.1% during mid-day trading on Thursday . The stock traded as high as $49.00 and last traded at $54.1760. Approximately 328,215 shares changed hands during mid-day trading, a decline of 70% from the average daily volume of 1,097,259 shares. The stock had previously closed at $47.88.

Analysts Set New Price Targets

Several research analysts have recently issued reports on PII shares. Royal Bank Of Canada dropped their target price on shares of Polaris to $67.00 and set a “sector perform” rating on the stock in a research note on Tuesday, January 27th. Weiss Ratings downgraded shares of Polaris from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, February 17th. Roth Mkm reiterated a “neutral” rating on shares of Polaris in a research note on Wednesday, January 28th. Morgan Stanley dropped their target price on shares of Polaris from $81.00 to $74.00 and set an “equal weight” rating on the stock in a research note on Tuesday, February 17th. Finally, Seaport Research Partners upgraded shares of Polaris to a “strong-buy” rating in a research note on Thursday, January 8th. Ten research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average price target of $63.11.

Polaris Trading Up 14.5%

The firm has a market capitalization of $3.11 billion, a PE ratio of -6.72 and a beta of 1.17. The company has a quick ratio of 0.35, a current ratio of 0.98 and a debt-to-equity ratio of 1.81. The stock’s fifty day simple moving average is $58.13 and its 200 day simple moving average is $63.50.

Polaris (NYSE:PII) last announced 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 during the quarter, compared to analysts’ expectations of $1.82 billion. During the same period in the prior year, the company earned $0.92 earnings per share. The firm’s revenue was up 9.5% on a year-over-year basis. Polaris has set its FY 2026 guidance at 1.500-1.600 EPS and its Q1 2026 guidance at 0.450-0.450 EPS. On average, sell-side analysts predict that Polaris Inc. will post 1.11 earnings per share for the current year.

Polaris Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.68 per share. This is an increase from Polaris’s previous quarterly dividend of $0.67. This represents a $2.72 dividend on an annualized basis and a yield of 5.0%. The ex-dividend date of this dividend was Monday, March 2nd. Polaris’s dividend payout ratio is currently -33.25%.

Insider Buying and Selling at Polaris

In other news, insider Benjamin D. Duke sold 10,090 shares of the stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $66.82, for a total value of $674,213.80. Following the completion of the sale, the insider directly owned 30,242 shares of the company’s stock, valued at $2,020,770.44. This represents a 25.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Michael T. Speetzen sold 35,086 shares of the stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $66.83, for a total transaction of $2,344,797.38. Following the completion of the sale, the chief executive officer directly owned 136,362 shares of the company’s stock, valued at approximately $9,113,072.46. This trade represents a 20.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 50,419 shares of company stock valued at $3,371,183. Insiders own 2.40% of the company’s stock.

Hedge Funds Weigh In On Polaris

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Hsbc Holdings PLC boosted its position in shares of Polaris by 70.2% during the fourth quarter. Hsbc Holdings PLC now owns 17,251 shares of the company’s stock worth $1,092,000 after acquiring an additional 7,115 shares during the last quarter. Forty three Eighteen Advisors LLC bought a new position in Polaris during the fourth quarter valued at $2,023,000. Rockefeller Capital Management L.P. lifted its position in Polaris by 1.8% during the fourth 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 during the last quarter. Corient Private Wealth LLC lifted its position in Polaris by 55.3% during the fourth quarter. Corient Private Wealth LLC now owns 18,286 shares of the company’s stock valued at $1,157,000 after purchasing an additional 6,508 shares during the last quarter. Finally, Auto Owners Insurance Co lifted its position in Polaris by 6,225.0% during the fourth quarter. Auto Owners Insurance Co now owns 65,463,750 shares of the company’s stock valued at $4,140,582,000 after purchasing an additional 64,428,750 shares during the last quarter. 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.