Exencial Wealth Advisors LLC grew its holdings in Polaris Industries Inc. (NYSE:PII) by 2.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 29,300 shares of the company’s stock after purchasing an additional 779 shares during the period. Exencial Wealth Advisors LLC’s holdings in Polaris Industries were worth $2,702,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also made changes to their positions in the company. Ffcm LLC lifted its stake in shares of Polaris Industries by 6.4% in the 2nd quarter. Ffcm LLC now owns 1,415 shares of the company’s stock valued at $131,000 after purchasing an additional 85 shares during the last quarter. Northwestern Mutual Investment Management Company LLC lifted its stake in shares of Polaris Industries by 625.3% in the 2nd quarter. Northwestern Mutual Investment Management Company LLC now owns 73,159 shares of the company’s stock valued at $5,981,000 after purchasing an additional 63,072 shares during the last quarter. Autus Asset Management LLC lifted its stake in shares of Polaris Industries by 0.7% in the 2nd quarter. Autus Asset Management LLC now owns 47,328 shares of the company’s stock valued at $4,365,000 after purchasing an additional 331 shares during the last quarter. Oppenheimer Asset Management Inc. lifted its stake in shares of Polaris Industries by 8.5% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 70,295 shares of the company’s stock valued at $6,483,000 after purchasing an additional 5,491 shares during the last quarter. Finally, Oppenheimer & Co. Inc. lifted its stake in Polaris Industries by 1.5% during the 2nd quarter. Oppenheimer & Co. Inc. now owns 31,192 shares of the company’s stock worth $2,877,000 after acquiring an additional 453 shares in the last quarter. 95.14% of the stock is currently owned by institutional investors and hedge funds.
In related news, CEO Scott W. Wine purchased 1,293 shares of the stock in a transaction that occurred on Friday, August 18th. The stock was acquired at an average price of $88.81 per share, with a total value of $114,831.33. Following the completion of the acquisition, the chief executive officer now directly owns 317,000 shares in the company, valued at approximately $28,152,770. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP James P. Williams sold 5,250 shares of the firm’s stock in a transaction that occurred on Thursday, August 31st. The shares were sold at an average price of $93.24, for a total transaction of $489,510.00. Following the completion of the sale, the senior vice president now directly owns 19,914 shares of the company’s stock, valued at approximately $1,856,781.36. The disclosure for this sale can be found here. Company insiders own 2.20% of the company’s stock.
ILLEGAL ACTIVITY NOTICE: This piece of content was first published by BBNS and is owned by of BBNS. If you are accessing this piece of content on another publication, it was illegally stolen and reposted in violation of U.S. & international copyright and trademark law. The correct version of this piece of content can be accessed at https://baseballnewssource.com/markets/exencial-wealth-advisors-llc-has-2-70-million-holdings-in-polaris-industries-inc-pii/1583935.html.
Polaris Industries Inc. (PII) opened at 107.54 on Thursday. Polaris Industries Inc. has a 12-month low of $72.05 and a 12-month high of $108.24. The stock has a 50 day moving average price of $94.27 and a 200-day moving average price of $88.72. The stock has a market cap of $6.73 billion, a P/E ratio of 44.98 and a beta of 1.30.
Polaris Industries (NYSE:PII) last posted its quarterly earnings data on Thursday, July 20th. The company reported $1.16 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.08 by $0.08. The company had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.26 billion. Polaris Industries had a net margin of 3.13% and a return on equity of 26.47%. The company’s revenue was up 20.7% on a year-over-year basis. During the same quarter last year, the business posted $1.09 earnings per share. On average, equities analysts expect that Polaris Industries Inc. will post $4.48 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Friday, September 1st were issued a dividend of $0.58 per share. This represents a $2.32 annualized dividend and a dividend yield of 2.16%. The ex-dividend date was Wednesday, August 30th. Polaris Industries’s payout ratio is 97.07%.
Several research firms recently issued reports on PII. UBS AG decreased their target price on Polaris Industries from $108.00 to $82.00 and set a “neutral” rating on the stock in a research note on Friday, September 15th. BMO Capital Markets increased their target price on Polaris Industries from $110.00 to $115.00 and gave the stock an “outperform” rating in a research note on Friday, September 15th. Stifel Nicolaus reissued a “hold” rating and set a $98.00 target price (up previously from $87.00) on shares of Polaris Industries in a research note on Monday. Northcoast Research reissued a “hold” rating on shares of Polaris Industries in a research note on Tuesday, September 5th. Finally, Robert W. Baird lowered Polaris Industries from an “outperform” rating to a “neutral” rating and increased their target price for the stock from $88.00 to $96.00 in a research note on Friday, July 21st. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and three have given a buy rating to the company’s stock. Polaris Industries currently has a consensus rating of “Hold” and a consensus price target of $90.15.
Polaris Industries Profile
Polaris Industries Inc designs, engineers and manufactures powersports vehicles, which include Off-Road Vehicles (ORV), including All-Terrain Vehicles (ATV) and side-by-side vehicles for recreational and utility use; Snowmobiles, Motorcycles and Global Adjacent Markets vehicles, including Work and Transportation and military vehicles.
Receive News & Ratings for Polaris Industries Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Polaris Industries Inc. and related companies with our FREE daily email newsletter.