Deutsche Bank AG Invests $4.04 Million in Polaris Inc. $PII

Deutsche Bank AG purchased a new stake in Polaris Inc. (NYSE:PII) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 59,109 shares of the company’s stock, valued at approximately $4,045,000.

Several other institutional investors have also made changes to their positions in PII. Auto Owners Insurance Co increased its stake in Polaris by 6,225.0% during the 4th quarter. Auto Owners Insurance Co now owns 65,463,750 shares of the company’s stock worth $4,140,582,000 after acquiring an additional 64,428,750 shares during the period. State Street Corp raised its holdings in Polaris by 15.7% in the 2nd quarter. State Street Corp now owns 3,137,866 shares of the company’s stock valued at $127,554,000 after acquiring an additional 426,482 shares in the last quarter. AQR Capital Management LLC lifted its position in shares of Polaris by 30.1% during the 3rd quarter. AQR Capital Management LLC now owns 2,281,101 shares of the company’s stock valued at $132,600,000 after acquiring an additional 528,300 shares during the period. Goldman Sachs Group Inc. lifted its position in shares of Polaris by 166.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,929,773 shares of the company’s stock valued at $122,058,000 after acquiring an additional 1,204,405 shares during the period. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Polaris by 7.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,546,260 shares of the company’s stock worth $84,269,000 after purchasing an additional 107,109 shares in the last quarter. 88.06% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

PII has been the subject of a number of analyst reports. Citigroup boosted their price target on Polaris from $70.00 to $73.00 and gave the company a “neutral” rating in a research note on Thursday, July 30th. Raymond James Financial restated an “outperform” rating on shares of Polaris in a research report on Wednesday, April 29th. KeyCorp reaffirmed a “sector weight” rating on shares of Polaris in a report on Wednesday, July 29th. Wells Fargo & Company increased their price target on shares of Polaris from $65.00 to $70.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 29th. Finally, Zacks Research upgraded Polaris from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 21st. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $67.00.

Polaris Stock Performance

Polaris stock opened at $63.62 on Wednesday. The company has a quick ratio of 0.47, a current ratio of 1.20 and a debt-to-equity ratio of 2.28. The stock has a market cap of $3.62 billion, a PE ratio of -13.74 and a beta of 1.26. Polaris Inc. has a 12-month low of $47.14 and a 12-month high of $77.98. The business’s 50-day moving average price is $69.06 and its two-hundred day moving average price is $64.21.

Polaris (NYSE:PII) last posted its earnings results on Tuesday, July 28th. The company reported $1.97 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $1.21. Polaris had a negative net margin of 3.50% and a positive return on equity of 16.77%. The firm had revenue of $2.02 billion during the quarter, compared to analysts’ expectations of $1.95 billion. During the same quarter in the prior year, the business earned ($1.39) earnings per share. The business’s revenue for the quarter was up 9.2% compared to the same quarter last year. Polaris has set its FY 2026 guidance at 3.000-3.100 EPS. As a group, analysts expect that Polaris Inc. will post 3.22 earnings per share for the current fiscal year.

Polaris Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be paid a $0.68 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $2.72 annualized dividend and a yield of 4.3%. Polaris’s dividend payout ratio is presently -58.75%.

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.