Teachers Retirement System of The State of Kentucky Acquires 16,252 Shares of Polaris Inc. $PII

Teachers Retirement System of The State of Kentucky increased its holdings in shares of Polaris Inc. (NYSE:PII) by 87.0% during the first quarter, HoldingsChannel.com reports. The fund owned 34,937 shares of the company’s stock after buying an additional 16,252 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in Polaris were worth $1,905,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Keybank National Association OH raised its stake in shares of Polaris by 1.9% during the 4th quarter. Keybank National Association OH now owns 9,872 shares of the company’s stock worth $624,000 after purchasing an additional 184 shares during the period. Rockefeller Capital Management L.P. increased its holdings in Polaris by 1.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 10,726 shares of the company’s stock worth $678,000 after buying an additional 194 shares during the last quarter. Danske Bank A S increased its holdings in Polaris by 150.0% during the fourth quarter. Danske Bank A S now owns 500 shares of the company’s stock worth $32,000 after buying an additional 300 shares during the last quarter. Oregon Public Employees Retirement Fund raised its position in Polaris by 2.8% in the first quarter. Oregon Public Employees Retirement Fund now owns 10,938 shares of the company’s stock worth $596,000 after acquiring an additional 300 shares during the period. Finally, Russell Investments Group Ltd. boosted its stake in Polaris by 0.3% in the fourth quarter. Russell Investments Group Ltd. now owns 123,886 shares of the company’s stock valued at $7,838,000 after acquiring an additional 340 shares during the last quarter. Institutional investors own 88.06% of the company’s stock.

Polaris Price Performance

Shares of NYSE PII opened at $71.52 on Thursday. The company has a debt-to-equity ratio of 2.72, a quick ratio of 0.48 and a current ratio of 1.21. Polaris Inc. has a fifty-two week low of $46.03 and a fifty-two week high of $75.25. The stock has a market cap of $4.07 billion, a PE ratio of -9.12 and a beta of 1.25. The stock has a fifty day moving average of $67.62 and a 200-day moving average of $63.83.

Polaris (NYSE:PII) last issued its earnings results on Monday, April 27th. The company reported $0.13 EPS for the quarter, topping the consensus estimate of ($0.43) by $0.56. The business had revenue of $1.66 billion during the quarter, compared to the consensus estimate of $1.63 billion. Polaris had a positive return on equity of 5.91% and a negative net margin of 6.13%.The firm’s revenue was up 8.0% compared to the same quarter last year. During the same quarter last year, the company earned ($0.90) EPS. Polaris has set its FY 2026 guidance at 1.600-1.700 EPS. Equities research analysts anticipate that Polaris Inc. will post 1.76 earnings per share for the current year.

Polaris Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were given a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date was Monday, June 1st. Polaris’s dividend payout ratio (DPR) is -34.69%.

Analyst Ratings Changes

A number of research analysts have recently weighed in on PII shares. Roth Capital reissued a “neutral” rating on shares of Polaris in a research report on Wednesday, April 29th. Wells Fargo & Company upped their price objective on Polaris from $60.00 to $65.00 and gave the company an “equal weight” rating in a research note on Friday, July 10th. Zacks Research downgraded Polaris from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 20th. Robert W. Baird boosted their target price on Polaris from $67.00 to $70.00 and gave the company a “neutral” rating in a research note on Wednesday, April 29th. Finally, Raymond James Financial reaffirmed an “outperform” rating on shares of Polaris in a research report on Wednesday, April 29th. One investment analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Polaris presently has an average rating of “Hold” and a consensus target price of $65.00.

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.