Benjamin Duke Sells 10,090 Shares of Polaris (NYSE:PII) Stock

Polaris Inc. (NYSE:PII) insider Benjamin Duke sold 10,090 shares of the stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $66.82, for a total value of $674,213.80. Following the sale, the insider owned 30,242 shares of the company’s stock, valued at $2,020,770.44. This represents a 25.02% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Polaris Stock Down 0.3%

NYSE PII opened at $65.88 on Friday. Polaris Inc. has a 12 month low of $30.92 and a 12 month high of $75.25. The company has a current ratio of 0.98, a quick ratio of 0.35 and a debt-to-equity ratio of 1.81. The stock has a market cap of $3.71 billion, a PE ratio of -8.05, a P/E/G ratio of 2.36 and a beta of 1.19. The stock’s 50 day moving average is $67.93 and its 200 day moving average is $63.33.

Polaris (NYSE:PII) last released 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 the consensus estimate of $1.82 billion. Polaris had a negative net margin of 6.51% and a negative return on equity of 0.05%. The company’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same quarter in the previous year, the firm 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. Research analysts predict that Polaris Inc. will post 1.11 EPS for the current fiscal year.

Polaris Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be given a $0.68 dividend. 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 dividend yield of 4.1%. The ex-dividend date is Monday, March 2nd. Polaris’s dividend payout ratio (DPR) is presently -32.76%.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Roth Mkm reaffirmed a “neutral” rating on shares of Polaris in a research note on Wednesday, January 28th. Morgan Stanley boosted their price target on shares of Polaris from $72.00 to $81.00 and gave the stock an “equal weight” rating in a research report on Friday, January 16th. Weiss Ratings upgraded shares of Polaris from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, January 16th. Royal Bank Of Canada reduced their target price on shares of Polaris to $67.00 and set a “sector perform” rating on the stock in a report on Tuesday, January 27th. Finally, BMO Capital Markets reaffirmed a “market perform” rating and issued a $70.00 price target on shares of Polaris in a report on Wednesday, October 29th. Twelve research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $59.80.

Hedge Funds Weigh In On Polaris

Several hedge funds have recently added to or reduced their stakes in PII. Federated Hermes Inc. lifted its holdings in Polaris by 109.2% during the third quarter. Federated Hermes Inc. now owns 144,056 shares of the company’s stock worth $8,374,000 after buying an additional 75,185 shares during the period. Nomura Holdings Inc. bought a new position in shares of Polaris in the 2nd quarter worth $5,009,000. Nisa Investment Advisors LLC lifted its stake in shares of Polaris by 1,116.4% during the 3rd quarter. Nisa Investment Advisors LLC now owns 45,431 shares of the company’s stock worth $2,641,000 after purchasing an additional 41,696 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp bought a new stake in Polaris during the third quarter valued at about $1,610,000. Finally, Versor Investments LP purchased a new position in Polaris in the second quarter valued at about $211,000. 88.06% of the stock is currently owned by institutional investors.

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.