Polaris Inc. (NYSE:PII) Receives Average Recommendation of “Hold” from Brokerages

Shares of Polaris Inc. (NYSE:PII) have earned a consensus recommendation of “Hold” from the twelve analysts that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, nine have given a hold rating, one has issued a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $64.4444.

A number of research analysts have recently commented on the company. Raymond James Financial restated an “outperform” rating on shares of Polaris in a research note on Wednesday, April 29th. Zacks Research upgraded Polaris from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 20th. Robert W. Baird raised 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. Citigroup raised their target price on Polaris from $58.00 to $70.00 and gave the company a “neutral” rating in a research note on Thursday, April 30th. Finally, Wells Fargo & Company raised their target price on Polaris from $52.00 to $60.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 29th.

Polaris Trading Down 6.2%

PII opened at $60.04 on Wednesday. The stock has a market cap of $3.42 billion, a PE ratio of -7.66 and a beta of 1.25. The company has a quick ratio of 0.48, a current ratio of 1.21 and a debt-to-equity ratio of 2.72. The business has a 50 day moving average of $58.00 and a 200-day moving average of $63.22. Polaris has a 52 week low of $36.73 and a 52 week high of $75.25.

Polaris (NYSE:PII) last released its earnings results on Monday, April 27th. The company reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of ($0.43) by $0.56. The company had revenue of $1.66 billion during the quarter, compared to analysts’ expectations 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 for the quarter was up 8.0% compared to the same quarter last year. During the same quarter last year, the business posted ($0.90) EPS. Polaris has set its FY 2026 guidance at 1.600-1.700 EPS. Equities research analysts predict that Polaris will post 1.7 earnings per share for the current fiscal year.

Polaris Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be paid a dividend of $0.68 per share. The ex-dividend date is Monday, June 1st. This represents a $2.72 dividend on an annualized basis and a yield of 4.5%. Polaris’s payout ratio is presently -34.69%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Convergence Investment Partners LLC raised its stake in Polaris by 1.1% during the first quarter. Convergence Investment Partners LLC now owns 15,798 shares of the company’s stock valued at $861,000 after buying an additional 169 shares during the last quarter. Quantbot Technologies LP increased its holdings in shares of Polaris by 0.4% in the 3rd quarter. Quantbot Technologies LP now owns 47,913 shares of the company’s stock worth $2,785,000 after purchasing an additional 177 shares in the last quarter. Keybank National Association OH increased its holdings in shares of Polaris by 1.9% in 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 in the last quarter. Rockefeller Capital Management L.P. increased its holdings in shares of Polaris by 1.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 10,726 shares of the company’s stock worth $678,000 after purchasing an additional 194 shares in the last quarter. Finally, Ballentine Partners LLC increased its holdings in shares of Polaris by 3.0% in the 3rd quarter. Ballentine Partners LLC now owns 6,761 shares of the company’s stock worth $393,000 after purchasing an additional 196 shares in the last quarter. Hedge funds and other institutional investors own 88.06% 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.