Angeles Wealth Management LLC Reduces Stock Holdings in Polaris Inc. $PII

Key Points

• Angeles Wealth Management LLC reduced its holdings in Polaris Inc. by 48.2%, now owning 23,650 shares valued at approximately $961,000 after selling 22,029 shares in the second quarter.
• Several institutional investors increased their stakes in Polaris, with GAMMA Investing LLC raising its stake by 529.8%, owning now 6,096 shares valued at $250,000.
• An analyst upgrade from Zacks Research changed Polaris's rating from "hold" to "strong-buy," with multiple firms adjusting target prices significantly higher, reflecting a more optimistic outlook for the stock.

Angeles Wealth Management LLC decreased its position in Polaris Inc. (NYSE:PII - Free Report) by 48.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 23,650 shares of the company's stock after selling 22,029 shares during the period. Angeles Wealth Management LLC's holdings in Polaris were worth $961,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of PII. GAMMA Investing LLC lifted its stake in Polaris by 529.8% in the first quarter. GAMMA Investing LLC now owns 6,096 shares of the company's stock valued at $250,000 after purchasing an additional 5,128 shares during the last quarter. SG Americas Securities LLC lifted its stake in Polaris by 127.5% in the first quarter. SG Americas Securities LLC now owns 11,826 shares of the company's stock valued at $484,000 after purchasing an additional 6,628 shares during the last quarter. Fifth Third Bancorp lifted its stake in Polaris by 46.9% in the first quarter. Fifth Third Bancorp now owns 996 shares of the company's stock valued at $41,000 after purchasing an additional 318 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in Polaris by 162.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 10,423 shares of the company's stock valued at $427,000 after purchasing an additional 6,453 shares during the last quarter. Finally, Robertson Stephens Wealth Management LLC lifted its stake in Polaris by 41.6% in the first quarter. Robertson Stephens Wealth Management LLC now owns 12,038 shares of the company's stock valued at $493,000 after purchasing an additional 3,538 shares during the last quarter. Hedge funds and other institutional investors own 88.06% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on PII. Zacks Research upgraded Polaris from a "hold" rating to a "strong-buy" rating in a research note on Wednesday. UBS Group boosted their target price on shares of Polaris from $45.00 to $58.00 and gave the company a "neutral" rating in a report on Monday, September 8th. Roth Capital boosted their target price on shares of Polaris from $41.00 to $54.00 and gave the company a "neutral" rating in a report on Tuesday. Royal Bank Of Canada boosted their target price on shares of Polaris from $34.00 to $56.00 and gave the company a "sector perform" rating in a report on Wednesday, July 30th. Finally, Citigroup raised shares of Polaris from a "sell" rating to a "neutral" rating and boosted their target price for the company from $35.00 to $60.00 in a report on Wednesday, October 1st. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $53.42.

Polaris Trading Up 0.5%

Polaris stock opened at $66.30 on Friday. The stock has a market cap of $3.73 billion, a P/E ratio of -35.27 and a beta of 1.08. Polaris Inc. has a fifty-two week low of $30.92 and a fifty-two week high of $83.31. The firm's fifty day moving average price is $58.64 and its 200-day moving average price is $47.12. 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 released its quarterly earnings results on Tuesday, July 29th. The company reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.35. The firm had revenue of $1.85 billion for the quarter, compared to analysts' expectations of $1.73 billion. Polaris had a negative net margin of 1.57% and a positive return on equity of 5.16%. The business's quarterly revenue was down 5.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.38 earnings per share. Polaris has set its Q3 2025 guidance at EPS. Equities research analysts forecast that Polaris Inc. will post 1.11 earnings per share for the current fiscal year.

Polaris Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Tuesday, September 2nd were paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend was Tuesday, September 2nd. Polaris's dividend payout ratio is currently -142.55%.

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.

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