156,822 Shares in Polaris Inc. $PII Bought by Segment Wealth Management LLC

Key Points

• Segment Wealth Management LLC acquired 156,822 shares of Polaris Inc. in the 2nd quarter, valued at approximately $6.375 million, representing a 0.28% ownership in the company.
• Polaris reported a quarterly earnings per share (EPS) of $0.40, exceeding analyst expectations, with revenues for the quarter totaling $1.85 billion.
• The company declared a quarterly dividend of $0.67, representing an annualized payout of $2.68 with a current yield of 4.2%.

Segment Wealth Management LLC bought a new position in Polaris Inc. (NYSE:PII - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 156,822 shares of the company's stock, valued at approximately $6,375,000. Segment Wealth Management LLC owned 0.28% of Polaris as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Fifth Third Bancorp lifted its stake in Polaris by 46.9% in the 1st quarter. Fifth Third Bancorp now owns 996 shares of the company's stock worth $41,000 after purchasing an additional 318 shares in the last quarter. Linden Thomas Advisory Services LLC lifted its stake in Polaris by 5.0% in the 1st quarter. Linden Thomas Advisory Services LLC now owns 7,984 shares of the company's stock worth $327,000 after purchasing an additional 379 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its stake in Polaris by 2.9% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 14,234 shares of the company's stock worth $583,000 after purchasing an additional 396 shares in the last quarter. Principal Financial Group Inc. lifted its stake in Polaris by 0.4% in the 1st quarter. Principal Financial Group Inc. now owns 120,572 shares of the company's stock worth $4,936,000 after purchasing an additional 423 shares in the last quarter. Finally, UMB Bank n.a. raised its position in shares of Polaris by 114.1% during the 1st quarter. UMB Bank n.a. now owns 805 shares of the company's stock valued at $33,000 after buying an additional 429 shares in the last quarter. Institutional investors own 88.06% of the company's stock.

Polaris Trading Up 2.6%

NYSE:PII opened at $64.24 on Friday. The company has a market capitalization of $3.61 billion, a P/E ratio of -34.17 and a beta of 1.08. The firm has a fifty day simple moving average of $56.56 and a 200-day simple moving average of $45.78. Polaris Inc. has a 12 month low of $30.92 and a 12 month high of $84.08. The company has a current ratio of 1.04, a quick ratio of 0.37 and a debt-to-equity ratio of 1.17.

Polaris (NYSE:PII - Get Free Report) last posted its earnings results on Tuesday, July 29th. The company reported $0.40 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.05 by $0.35. The company had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.73 billion. Polaris had a negative net margin of 1.57% and a positive return on equity of 5.16%. The firm's quarterly revenue was down 5.5% on a year-over-year basis. During the same period in the previous year, the firm posted $1.38 earnings per share. Polaris has set its Q3 2025 guidance at EPS. On average, equities research analysts anticipate that Polaris Inc. will post 1.11 earnings per share for the current year.

Polaris Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Tuesday, September 2nd were issued a $0.67 dividend. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $2.68 dividend on an annualized basis and a yield of 4.2%. Polaris's payout ratio is presently -142.55%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on PII shares. UBS Group raised their target price on shares of Polaris from $45.00 to $58.00 and gave the stock a "neutral" rating in a research report on Monday, September 8th. Citigroup raised shares of Polaris from a "sell" rating to a "neutral" rating and raised their target price for the stock from $35.00 to $60.00 in a research report on Wednesday. Royal Bank Of Canada raised their target price on shares of Polaris from $34.00 to $56.00 and gave the stock a "sector perform" rating in a research report on Wednesday, July 30th. Zacks Research lowered shares of Polaris from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, August 27th. Finally, Robert W. Baird raised their target price on shares of Polaris from $46.00 to $55.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 30th. One research analyst has rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Polaris presently has a consensus rating of "Hold" and a consensus price target of $51.92.

Polaris Company Profile

Polaris Inc designs, engineers, manufactures, and markets powersports vehicles in the United States, Canada, and internationally. It operates through three segments: Off-Road, On-Road, and Marine. The company offers off-road vehicles (ORVs), including all-terrain vehicles and side-by-side vehicles; military and commercial ORVs; snowmobiles; motorcycles; and moto-roadsters, quadricycles, and boats.

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