14,120 Shares in Polaris Inc. $PII Purchased by RM Financial Services LLC

RM Financial Services LLC bought a new position in shares of Polaris Inc. (NYSE:PII) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 14,120 shares of the company’s stock, valued at approximately $893,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Danske Bank A S grew its holdings in Polaris by 150.0% during the fourth quarter. Danske Bank A S now owns 500 shares of the company’s stock worth $32,000 after acquiring an additional 300 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Polaris in the fourth quarter valued at approximately $40,000. Hilton Head Capital Partners LLC acquired a new stake in Polaris in the fourth quarter valued at approximately $52,000. FNY Investment Advisers LLC acquired a new stake in Polaris in the fourth quarter valued at approximately $75,000. Finally, Vestcor Inc acquired a new stake in Polaris in the fourth quarter valued at approximately $104,000. 88.06% of the stock is owned by institutional investors and hedge funds.

Polaris Stock Performance

Shares of Polaris stock opened at $66.58 on Thursday. Polaris Inc. has a one year low of $38.42 and a one year high of $75.25. The company has a market cap of $3.79 billion, a price-to-earnings ratio of -8.49 and a beta of 1.26. 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 business’s 50 day moving average price is $62.62 and its 200 day moving average price is $63.62.

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

Polaris Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be given a $0.68 dividend. The ex-dividend date is Monday, June 1st. This represents a $2.72 dividend on an annualized basis and a yield of 4.1%. Polaris’s payout ratio is currently -34.69%.

Analyst Ratings Changes

PII has been the topic of several research analyst reports. Morgan Stanley dropped their price objective on Polaris from $74.00 to $69.00 and set an “equal weight” rating on the stock in a report on Tuesday, May 19th. Zacks Research downgraded Polaris from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 20th. Roth Mkm restated a “neutral” rating on shares of Polaris in a research report on Wednesday, April 29th. Wells Fargo & Company raised their target price on Polaris from $52.00 to $60.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 29th. Finally, Raymond James Financial restated an “outperform” rating on shares of Polaris in a research report on Wednesday, April 29th. One research analyst has rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $64.44.

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.