Goldstone Financial Group LLC Purchases Shares of 9,254 Polaris Inc. $PII

Key Points

• Goldstone Financial Group LLC purchased 9,254 shares of Polaris Inc. for approximately $376,000 in the second quarter.
• A significant portion of Polaris's stock, 88.06%, is currently owned by institutional investors, indicating strong institutional interest in the company.
• Polaris recently declared a quarterly dividend of $0.67, representing an annualized yield of 4.6%, though the dividend payout ratio is currently negative.

Goldstone Financial Group LLC bought a new stake in Polaris Inc. (NYSE:PII - Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 9,254 shares of the company's stock, valued at approximately $376,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of PII. RWWM Inc. grew its position in Polaris by 169.2% during the 1st quarter. RWWM Inc. now owns 2,395,049 shares of the company's stock worth $98,053,000 after purchasing an additional 1,505,351 shares during the last quarter. Select Equity Group L.P. raised its stake in Polaris by 142.1% during the 1st quarter. Select Equity Group L.P. now owns 1,620,565 shares of the company's stock valued at $66,346,000 after acquiring an additional 951,195 shares during the last quarter. Invesco Ltd. increased its holdings in shares of Polaris by 352.5% in the first quarter. Invesco Ltd. now owns 902,751 shares of the company's stock valued at $36,959,000 after purchasing an additional 703,240 shares during the period. Jacobs Levy Equity Management Inc. increased its holdings in shares of Polaris by 12,099.2% in the first quarter. Jacobs Levy Equity Management Inc. now owns 513,343 shares of the company's stock valued at $21,016,000 after purchasing an additional 509,135 shares during the period. Finally, Goldman Sachs Group Inc. increased its holdings in shares of Polaris by 677.2% in the first quarter. Goldman Sachs Group Inc. now owns 544,295 shares of the company's stock valued at $22,283,000 after purchasing an additional 474,259 shares during the period. 88.06% of the stock is owned by hedge funds and other institutional investors.

Polaris Price Performance

PII stock traded down $1.87 during midday trading on Friday, hitting $55.19. 2,737,472 shares of the stock were exchanged, compared to its average volume of 1,100,746. The stock's 50-day moving average price is $54.51 and its 200-day moving average price is $44.74. The stock has a market cap of $3.10 billion, a price-to-earnings ratio of -29.36 and a beta of 1.08. Polaris Inc. has a fifty-two week low of $30.92 and a fifty-two week high of $86.51. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.37 and a current ratio of 1.04.

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

Polaris Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Tuesday, September 2nd were given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 4.9%. The ex-dividend date was Tuesday, September 2nd. Polaris's payout ratio is currently -142.55%.

Wall Street Analysts Forecast Growth

PII has been the topic of a number of analyst reports. Royal Bank Of Canada lifted their price objective on shares of Polaris from $34.00 to $56.00 and gave the company a "sector perform" rating in a research report on Wednesday, July 30th. BMO Capital Markets reissued a "market perform" rating and set a $52.00 price target (up from $33.00) on shares of Polaris in a report on Wednesday, July 30th. Wall Street Zen raised shares of Polaris from a "strong sell" rating to a "hold" rating in a report on Saturday, August 2nd. Zacks Research cut Polaris from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, August 27th. Finally, Robert W. Baird lifted their price target on Polaris from $46.00 to $55.00 and gave the company a "neutral" rating in a research note on Wednesday, July 30th. One equities research analyst has rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $49.17.

About Polaris

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.