Insider Selling: Polaris (NYSE:PII) SVP Sells 5,243 Shares of Stock

Polaris Inc. (NYSE:PII) SVP James Williams sold 5,243 shares of the firm’s stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $67.17, for a total value of $352,172.31. Following the completion of the transaction, the senior vice president owned 48,645 shares of the company’s stock, valued at approximately $3,267,484.65. This represents a 9.73% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Polaris Price Performance

Shares of Polaris stock traded up $2.58 on Wednesday, hitting $69.78. The company’s stock had a trading volume of 834,670 shares, compared to its average volume of 1,072,730. The company has a market capitalization of $3.93 billion, a P/E ratio of -8.53, a price-to-earnings-growth ratio of 2.25 and a beta of 1.19. Polaris Inc. has a 52-week low of $30.92 and a 52-week high of $75.25. The firm has a fifty day moving average price of $67.75 and a 200-day moving average price of $62.58. The company has a quick ratio of 0.35, a current ratio of 0.98 and a debt-to-equity ratio of 1.81.

Polaris (NYSE:PII) last posted its earnings results on Tuesday, January 27th. The company reported $0.08 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.82 billion. During the same period last year, the firm posted $0.92 EPS. The firm’s revenue for the quarter 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, equities research analysts expect that Polaris Inc. will post 1.11 earnings per share for the current fiscal year.

Polaris Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be given a dividend of $0.68 per share. The ex-dividend date of this dividend is Monday, March 2nd. This is a positive change from Polaris’s previous quarterly dividend of $0.67. This represents a $2.72 annualized dividend and a yield of 3.9%. Polaris’s dividend payout ratio (DPR) is -32.76%.

Analysts Set New Price Targets

PII has been the topic of a number of analyst reports. Morgan Stanley increased their price objective on Polaris from $72.00 to $81.00 and gave the company an “equal weight” rating in a research note on Friday, January 16th. Zacks Research cut shares of Polaris from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 12th. Royal Bank Of Canada cut 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. Weiss Ratings upgraded shares of Polaris from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, January 16th. Finally, Citigroup lifted their target price on shares of Polaris from $60.00 to $71.00 and gave the stock a “neutral” rating in a research note on Thursday, October 30th. Twelve investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $59.80.

Hedge Funds Weigh In On Polaris

Institutional investors and hedge funds have recently bought and sold shares of the stock. Harbor Capital Advisors Inc. purchased a new stake in shares of Polaris during the 3rd quarter valued at $26,000. Parkside Financial Bank & Trust boosted its holdings in Polaris by 371.4% in the second quarter. Parkside Financial Bank & Trust now owns 693 shares of the company’s stock valued at $28,000 after acquiring an additional 546 shares during the last quarter. Danske Bank A S grew its position in Polaris by 150.0% during the fourth quarter. Danske Bank A S now owns 500 shares of the company’s stock valued at $32,000 after acquiring an additional 300 shares during the period. EMC Capital Management purchased a new stake in Polaris during the second quarter valued at about $36,000. Finally, Quent Capital LLC acquired a new stake in Polaris during the third quarter worth about $37,000. Institutional investors and hedge funds 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.