6,000 Shares in Polaris Inc. $PII Bought by Ancora Advisors LLC

Key Points

• Ancora Advisors LLC has made a new investment in Polaris Inc., acquiring 6,000 shares valued at approximately $246,000 during the first quarter.
• Several institutional investors increased their stakes in Polaris, contributing to a total institutional ownership of 88.06% of the company.
• Polaris recently reported earnings per share of $0.40 for the last quarter, surpassing analyst expectations, and announced a quarterly dividend of $0.67 per share.

Ancora Advisors LLC acquired a new position in shares of Polaris Inc. (NYSE:PII - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 6,000 shares of the company's stock, valued at approximately $246,000.

Several other large investors also recently added to or reduced their stakes in the stock. Dark Forest Capital Management LP purchased a new stake in shares of Polaris during the first quarter valued at $3,435,000. Focus Partners Advisor Solutions LLC boosted its stake in shares of Polaris by 11.0% during the first quarter. Focus Partners Advisor Solutions LLC now owns 6,761 shares of the company's stock valued at $277,000 after purchasing an additional 671 shares during the period. Quarry LP bought a new position in Polaris in the first quarter worth approximately $87,000. Calton & Associates Inc. bought a new position in Polaris in the first quarter worth approximately $451,000. Finally, Baird Financial Group Inc. grew its stake in Polaris by 8.8% in the first quarter. Baird Financial Group Inc. now owns 6,680 shares of the company's stock worth $273,000 after purchasing an additional 542 shares in the last quarter. 88.06% of the stock is owned by institutional investors.

Polaris Stock Down 4.1%

Polaris stock traded down $2.48 during trading hours on Friday, reaching $57.47. The stock had a trading volume of 1,557,918 shares, compared to its average volume of 1,204,004. The company has a market cap of $3.23 billion, a price-to-earnings ratio of -30.57 and a beta of 1.08. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.04 and a quick ratio of 0.37. The business's 50 day moving average price is $53.60 and its 200-day moving average price is $44.28. Polaris Inc. has a 52 week low of $30.92 and a 52 week high of $86.51.

Polaris (NYSE:PII - Get Free Report) last announced 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. The business 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 revenue was down 5.5% on a year-over-year basis. During the same period in the previous year, the company posted $1.38 earnings per share. Polaris has set its Q3 2025 guidance at EPS. Sell-side analysts anticipate that Polaris Inc. will post 1.11 EPS for the current year.

Polaris Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Tuesday, September 2nd will be issued a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 4.7%. The ex-dividend date is Tuesday, September 2nd. Polaris's dividend payout ratio is currently -142.55%.

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. Citigroup reissued a "sell" rating and issued a $27.00 price objective (up previously from $23.00) on shares of Polaris in a research note on Monday, June 16th. Roth Capital increased their price objective on Polaris from $32.00 to $41.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 23rd. Robert W. Baird increased their price objective on Polaris from $46.00 to $55.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 30th. Wall Street Zen raised Polaris from a "strong sell" rating to a "hold" rating in a research note on Saturday, August 2nd. Finally, Royal Bank Of Canada increased their price objective on Polaris from $34.00 to $56.00 and gave the stock a "sector perform" rating in a research note on Wednesday, July 30th. One analyst has rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $49.17.

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.