Quantinno Capital Management LP Has $20.02 Million Position in Polaris Inc. $PII

Quantinno Capital Management LP increased its position in shares of Polaris Inc. (NYSE:PII) by 11.3% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 367,269 shares of the company’s stock after buying an additional 37,193 shares during the quarter. Quantinno Capital Management LP’s holdings in Polaris were worth $20,016,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Auto Owners Insurance Co lifted its position in Polaris by 6,225.0% during the 4th quarter. Auto Owners Insurance Co now owns 65,463,750 shares of the company’s stock worth $4,140,582,000 after buying an additional 64,428,750 shares in the last quarter. State Street Corp grew its holdings in shares of Polaris by 15.7% in the 2nd quarter. State Street Corp now owns 3,137,866 shares of the company’s stock valued at $127,554,000 after acquiring an additional 426,482 shares in the last quarter. AQR Capital Management LLC grew its holdings in shares of Polaris by 30.1% in the 3rd quarter. AQR Capital Management LLC now owns 2,281,101 shares of the company’s stock valued at $132,600,000 after acquiring an additional 528,300 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of Polaris by 166.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,929,773 shares of the company’s stock valued at $122,058,000 after acquiring an additional 1,204,405 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Polaris by 7.4% in the first quarter. Dimensional Fund Advisors LP now owns 1,546,260 shares of the company’s stock valued at $84,269,000 after acquiring an additional 107,109 shares during the last quarter. Institutional investors own 88.06% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Robert W. Baird increased their price target on Polaris from $70.00 to $72.00 and gave the company a “neutral” rating in a research report on Wednesday. Weiss Ratings upgraded Polaris from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday. KeyCorp reissued a “sector weight” rating on shares of Polaris in a report on Wednesday. Bank of America reissued a “neutral” rating on shares of Polaris in a research note on Wednesday. Finally, Wells Fargo & Company boosted their target price on shares of Polaris from $65.00 to $70.00 and gave the stock an “equal weight” rating in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $67.00.

Polaris Stock Down 1.8%

PII stock opened at $66.96 on Friday. The company has a current ratio of 1.20, a quick ratio of 0.48 and a debt-to-equity ratio of 2.28. The firm has a market capitalization of $3.81 billion, a PE ratio of -14.46 and a beta of 1.25. Polaris Inc. has a 1-year low of $47.14 and a 1-year high of $77.98. The business’s 50 day simple moving average is $69.20 and its 200 day simple moving average is $64.23.

Polaris (NYSE:PII) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $1.97 earnings per share for the quarter, beating analysts’ consensus estimates of $0.76 by $1.21. Polaris had a positive return on equity of 16.77% and a negative net margin of 3.50%.The business had revenue of $2.02 billion for the quarter, compared to analysts’ expectations of $1.95 billion. During the same quarter in the prior year, the business earned ($1.39) EPS. The firm’s revenue for the quarter was up 9.2% on a year-over-year basis. Polaris has set its FY 2026 guidance at 3.000-3.100 EPS. As a group, research analysts anticipate that Polaris Inc. will post 2.92 EPS for the current year.

Polaris Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be given a $0.68 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $2.72 annualized dividend and a dividend yield of 4.1%. Polaris’s dividend payout ratio is presently -58.75%.

Polaris 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.