Analysts Set Polaris Inc. (NYSE:PII) Target Price at $59.80

Polaris Inc. (NYSE:PII) has been assigned an average rating of “Reduce” from the twelve research firms that are presently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating and eleven have assigned a hold rating to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $59.80.

PII has been the topic of several research analyst reports. Wells Fargo & Company assumed coverage on Polaris in a research report on Wednesday, March 11th. They set an “equal weight” rating and a $52.00 price target on the stock. Weiss Ratings lowered Polaris from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, February 17th. Royal Bank Of Canada decreased their target price on Polaris to $67.00 and set a “sector perform” rating for the company in a research note on Tuesday, January 27th. Roth Mkm reaffirmed a “neutral” rating on shares of Polaris in a report on Wednesday, January 28th. Finally, Seaport Research Partners upgraded shares of Polaris to a “strong-buy” rating in a research report on Thursday, January 8th.

Polaris Trading Up 0.1%

Polaris stock opened at $56.84 on Tuesday. The firm has a 50 day simple moving average of $61.87 and a 200-day simple moving average of $63.79. The company has a debt-to-equity ratio of 1.81, a current ratio of 0.98 and a quick ratio of 0.35. The stock has a market capitalization of $3.22 billion, a PE ratio of -6.95 and a beta of 1.19. Polaris has a 12-month low of $30.92 and a 12-month high of $75.25.

Polaris (NYSE:PII) last announced its earnings results on Tuesday, January 27th. The company reported $0.08 EPS for the quarter, topping the consensus estimate of $0.06 by $0.02. The firm had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.82 billion. Polaris had a negative return on equity of 0.05% and a negative net margin of 6.51%.The firm’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.92 earnings per share. Polaris has set its FY 2026 guidance at 1.500-1.600 EPS and its Q1 2026 guidance at 0.450-0.450 EPS. As a group, equities research analysts expect that Polaris will post 1.11 EPS for the current fiscal year.

Polaris Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 2nd were paid a $0.68 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $2.72 annualized dividend and a dividend yield of 4.8%. This is an increase from Polaris’s previous quarterly dividend of $0.67. Polaris’s dividend payout ratio is presently -33.25%.

Insider Buying and Selling

In related news, SVP James P. Williams sold 5,243 shares of the firm’s stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $67.17, for a total transaction of $352,172.31. Following the completion of the sale, the senior vice president directly owned 48,645 shares in the company, valued at approximately $3,267,484.65. This trade represents a 9.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Benjamin D. Duke sold 10,090 shares of Polaris stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $66.82, for a total transaction of $674,213.80. Following the completion of the transaction, the insider owned 30,242 shares in the company, valued at approximately $2,020,770.44. This trade represents a 25.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 50,419 shares of company stock worth $3,371,183 in the last ninety days. 3.12% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Polaris

A number of institutional investors and hedge funds have recently modified their holdings of PII. Harbor Capital Advisors Inc. acquired a new stake in shares of Polaris during the third quarter worth $26,000. Kemnay Advisory Services Inc. purchased a new stake in shares of Polaris during the fourth quarter valued at $27,000. Danske Bank A S boosted its position in shares of Polaris by 150.0% in the 4th quarter. Danske Bank A S now owns 500 shares of the company’s stock valued at $32,000 after purchasing an additional 300 shares during the period. Quent Capital LLC acquired a new position in shares of Polaris in the 3rd quarter valued at $37,000. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new position in Polaris in the 4th quarter worth about $40,000. 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.