Polaris Inc. $PII Shares Sold by Mairs & Power Inc.

Mairs & Power Inc. lowered its position in Polaris Inc. (NYSE:PII) by 15.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 95,840 shares of the company’s stock after selling 17,696 shares during the quarter. Mairs & Power Inc. owned approximately 0.17% of Polaris worth $5,571,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Mercer Global Advisors Inc. ADV lifted its position in shares of Polaris by 29.6% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 9,851 shares of the company’s stock worth $573,000 after purchasing an additional 2,249 shares during the last quarter. Laird Norton Wetherby Wealth Management LLC purchased a new position in Polaris in the third quarter valued at $249,000. Brevan Howard Capital Management LP acquired a new stake in Polaris in the third quarter valued at $390,000. Aquatic Capital Management LLC lifted its holdings in Polaris by 6.6% during the 3rd quarter. Aquatic Capital Management LLC now owns 138,195 shares of the company’s stock worth $8,033,000 after buying an additional 8,545 shares during the last quarter. Finally, Algert Global LLC acquired a new position in shares of Polaris during the 3rd quarter worth about $696,000. 88.06% of the stock is owned by hedge funds and other institutional investors.

Polaris Stock Up 3.2%

Polaris stock opened at $52.02 on Tuesday. The company has a market capitalization of $2.95 billion, a P/E ratio of -6.36 and a beta of 1.19. The company has a debt-to-equity ratio of 1.81, a quick ratio of 0.35 and a current ratio of 0.98. Polaris Inc. has a fifty-two week low of $30.92 and a fifty-two week high of $75.25. The stock has a 50-day simple moving average of $64.49 and a 200-day simple moving average of $64.04.

Polaris (NYSE:PII) last released its quarterly earnings results on Tuesday, January 27th. The company reported $0.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 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 last year, the business posted $0.92 EPS. Polaris has set its FY 2026 guidance at 1.500-1.600 EPS and its Q1 2026 guidance at 0.450-0.450 EPS. Equities research analysts expect that Polaris Inc. will post 1.11 earnings per share for the current year.

Polaris Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 2nd were given a $0.68 dividend. This is a positive change from Polaris’s previous quarterly dividend of $0.67. The ex-dividend date was Monday, March 2nd. This represents a $2.72 annualized dividend and a yield of 5.2%. Polaris’s payout ratio is currently -33.25%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on PII shares. Wells Fargo & Company began coverage on Polaris in a report on Wednesday, March 11th. They issued an “equal weight” rating and a $52.00 price objective on the stock. Royal Bank Of Canada lowered their price target on Polaris to $67.00 and set a “sector perform” rating for the company in a report on Tuesday, January 27th. Seaport Research Partners upgraded shares of Polaris to a “strong-buy” rating in a research note on Thursday, January 8th. Morgan Stanley cut their price objective on shares of Polaris from $81.00 to $74.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 17th. Finally, Roth Mkm restated a “neutral” rating on shares of Polaris in a research report on Wednesday, January 28th. Eleven analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce” and an average target price of $59.80.

Insider Buying and Selling

In related news, SVP James P. Williams sold 5,243 shares of the stock in a transaction 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 owned 48,645 shares in the company, valued at $3,267,484.65. This represents a 9.73% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Benjamin D. 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 transaction 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 trade represents a 25.02% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 50,419 shares of company stock worth $3,371,183 in the last 90 days. Company insiders own 3.12% of the company’s stock.

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.