Abel Hall LLC Buys New Shares in Polaris Inc. $PII

Key Points

• Abel Hall LLC has acquired a new stake in Polaris Inc., purchasing 6,156 shares valued at approximately $250,000 during the second quarter, as per their Form 13F filing.
• Several institutional investors have significantly increased their shares in Polaris during the first quarter, with Jacobs Levy Equity Management Inc. increasing its stake by over 12,000%.
• Polaris reported a quarterly earnings per share (EPS) of $0.40, surpassing analysts' expectations, while its revenue was down 5.5% year-over-year at $1.85 billion.

Abel Hall LLC bought a new stake in Polaris Inc. (NYSE:PII - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 6,156 shares of the company's stock, valued at approximately $250,000.

A number of other institutional investors have also added to or reduced their stakes in PII. RWWM Inc. grew its stake in shares of Polaris by 169.2% during the first quarter. RWWM Inc. now owns 2,395,049 shares of the company's stock valued at $98,053,000 after buying an additional 1,505,351 shares during the last quarter. Select Equity Group L.P. grew its stake in shares of Polaris by 142.1% during the first quarter. Select Equity Group L.P. now owns 1,620,565 shares of the company's stock valued at $66,346,000 after buying an additional 951,195 shares during the last quarter. Invesco Ltd. grew its stake in shares of Polaris by 352.5% during the first quarter. Invesco Ltd. now owns 902,751 shares of the company's stock valued at $36,959,000 after buying an additional 703,240 shares during the last quarter. Jacobs Levy Equity Management Inc. grew its stake in shares of Polaris by 12,099.2% during the first quarter. Jacobs Levy Equity Management Inc. now owns 513,343 shares of the company's stock valued at $21,016,000 after buying an additional 509,135 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its stake in shares of Polaris by 677.2% during the first quarter. Goldman Sachs Group Inc. now owns 544,295 shares of the company's stock valued at $22,283,000 after buying an additional 474,259 shares during the last quarter. Institutional investors own 88.06% of the company's stock.

Polaris Trading Up 0.9%

NYSE:PII opened at $64.35 on Thursday. 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 Inc. has a 12 month low of $30.92 and a 12 month high of $84.08. The company has a market cap of $3.62 billion, a PE ratio of -34.23 and a beta of 1.08. The company has a 50 day simple moving average of $57.20 and a two-hundred day simple moving average of $46.23.

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

Polaris Dividend Announcement

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

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. UBS Group raised their price objective on Polaris from $45.00 to $58.00 and gave the company a "neutral" rating in a research note on Monday, September 8th. Weiss Ratings reiterated a "sell (d+)" rating on shares of Polaris in a report on Wednesday. BMO Capital Markets reiterated a "market perform" rating and set a $52.00 target price (up from $33.00) on shares of Polaris in a report on Wednesday, July 30th. Wall Street Zen upgraded shares of Polaris from a "strong sell" rating to a "hold" rating in a report on Saturday, August 2nd. Finally, Roth Capital increased their target price on shares of Polaris from $32.00 to $41.00 and gave the stock a "neutral" rating in a report on Wednesday, July 23rd. One investment analyst has rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Polaris has an average rating of "Hold" and an average price target of $52.33.

Polaris 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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