Allianz Asset Management GmbH Purchases 282,651 Shares of Polaris Inc. $PII

Key Points

• Allianz Asset Management increased its Polaris stake by 272.7% in the second quarter, purchasing 282,651 additional shares and bringing its holdings to 386,300 shares valued at approximately $26.4 million. Institutional investors collectively own 88.06% of Polaris.
• Polaris reported quarterly earnings of $1.97 per share, well above the $0.76 consensus estimate, while revenue rose 9.2% year over year to $2.02 billion. The company issued fiscal 2026 EPS guidance of $3.00–$3.10.
• Polaris declared a quarterly dividend of $0.68 per share, equating to an annualized yield of about 4.4%. Analysts maintain an overall “Hold” rating, with an average price target of $68.12 versus the stock’s recent price of $62.43.

Allianz Asset Management GmbH increased its position in shares of Polaris Inc. (NYSE:PII - Free Report) by 272.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 386,300 shares of the company's stock after acquiring an additional 282,651 shares during the quarter. Allianz Asset Management GmbH owned about 0.68% of Polaris worth $26,438,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Kemnay Advisory Services Inc. acquired a new position in Polaris in the fourth quarter valued at approximately $27,000. Elevation Wealth Partners LLC lifted its stake in shares of Polaris by 471.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 571 shares of the company's stock valued at $39,000 after purchasing an additional 471 shares during the period. Bard Associates Inc. bought a new position in shares of Polaris in the 4th quarter worth $46,000. Hilton Head Capital Partners LLC bought a new position in shares of Polaris in the 4th quarter worth $52,000. Finally, Versant Capital Management Inc grew its stake in shares of Polaris by 128.1% during the second quarter. Versant Capital Management Inc now owns 949 shares of the company's stock worth $65,000 after purchasing an additional 533 shares during the period. Institutional investors own 88.06% of the company's stock.

Polaris Trading Down 0.1%

NYSE:PII opened at $62.43 on Tuesday. Polaris Inc. has a twelve month low of $47.14 and a twelve month high of $77.98. The company has a quick ratio of 0.47, a current ratio of 1.20 and a debt-to-equity ratio of 2.28. The business has a 50 day moving average price of $67.65 and a two-hundred day moving average price of $63.93. The company has a market cap of $3.55 billion, a P/E ratio of -13.48 and a beta of 1.27.

Polaris (NYSE:PII - Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $1.97 earnings per share for the quarter, topping the consensus estimate of $0.76 by $1.21. The company had revenue of $2.02 billion during the quarter, compared to analysts' expectations of $1.95 billion. Polaris had a negative net margin of 3.50% and a positive return on equity of 16.77%. The business's quarterly revenue was up 9.2% on a year-over-year basis. During the same period last year, the business earned ($1.39) EPS. Polaris has set its FY 2026 guidance at 3.000-3.100 EPS. As a group, analysts expect that Polaris Inc. will post 3.22 EPS for the current fiscal year.

Polaris Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be paid a $0.68 dividend. This represents a $2.72 annualized dividend and a yield of 4.4%. The ex-dividend date is Tuesday, September 1st. Polaris's payout ratio is presently -58.75%.

Wall Street Analyst Weigh In

PII has been the subject of a number of recent analyst reports. Royal Bank Of Canada upped their price objective on Polaris from $65.00 to $75.00 and gave the company a "sector perform" rating in a report on Wednesday, July 29th. Zacks Research upgraded Polaris from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, July 21st. Bank of America restated a "neutral" rating on shares of Polaris in a research report on Wednesday, July 29th. Robert W. Baird upped their price target on Polaris from $70.00 to $72.00 and gave the company a "neutral" rating in a research note on Wednesday, July 29th. Finally, Roth Capital reiterated a "neutral" rating on shares of Polaris in a research report on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Polaris has an average rating of "Hold" and an average price target of $68.12.

About Polaris

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.

Want to see what other hedge funds are holding PII? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Polaris Inc. (NYSE:PII - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.