AQR Capital Management LLC Buys 55,378 Shares of Polaris Inc. $PII

Key Points

• AQR Capital Management LLC increased its stake in Polaris Inc. by 26.6%, acquiring an additional 55,378 shares to hold a total of 263,644 shares valued at approximately $10.71 million.
• Polaris Inc. reported better-than-expected earnings with $0.40 EPS, surpassing estimates of $0.05, despite a 5.5% drop in revenue compared to the previous year.
• UBS Group raised its price target for Polaris shares from $45 to $58 while maintaining a "neutral" rating, amidst varying consensus ratings from other analysts.

AQR Capital Management LLC raised its stake in Polaris Inc. (NYSE:PII - Free Report) by 26.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 263,644 shares of the company's stock after acquiring an additional 55,378 shares during the quarter. AQR Capital Management LLC owned approximately 0.47% of Polaris worth $10,712,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. UMB Bank n.a. lifted its holdings in shares of Polaris by 114.1% in the first quarter. UMB Bank n.a. now owns 805 shares of the company's stock worth $33,000 after acquiring an additional 429 shares during the last quarter. Opal Wealth Advisors LLC bought a new position in Polaris in the 1st quarter valued at approximately $35,000. Fifth Third Bancorp raised its holdings in Polaris by 46.9% in the 1st quarter. Fifth Third Bancorp now owns 996 shares of the company's stock valued at $41,000 after buying an additional 318 shares during the last quarter. Allworth Financial LP raised its holdings in Polaris by 7,462.5% in the 1st quarter. Allworth Financial LP now owns 1,210 shares of the company's stock valued at $50,000 after buying an additional 1,194 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB raised its holdings in Polaris by 191.1% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 1,214 shares of the company's stock valued at $50,000 after buying an additional 797 shares during the last quarter. Institutional investors own 88.06% of the company's stock.

Analysts Set New Price Targets

PII has been the subject of a number of research reports. UBS Group raised their price objective on shares of Polaris from $45.00 to $58.00 and gave the company a "neutral" rating in a report on Monday. Citigroup reiterated a "sell" rating and issued a $27.00 price objective (up previously from $23.00) on shares of Polaris in a report on Monday, June 16th. Roth Capital raised their price objective on shares of Polaris from $32.00 to $41.00 and gave the company a "neutral" rating in a report on Wednesday, July 23rd. Wall Street Zen upgraded shares of Polaris from a "strong sell" rating to a "hold" rating in a report on Saturday, August 2nd. Finally, Royal Bank Of Canada raised their price target on shares of Polaris from $34.00 to $56.00 and gave the stock a "sector perform" rating in a report on Wednesday, July 30th. One investment analyst has rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Polaris has an average rating of "Hold" and an average price target of $49.17.

Polaris Stock Down 1.0%

Polaris stock opened at $58.53 on Thursday. 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 Inc. has a 52-week low of $30.92 and a 52-week high of $86.51. The firm has a 50 day moving average price of $53.11 and a two-hundred day moving average price of $44.11. The firm has a market cap of $3.29 billion, a price-to-earnings ratio of -31.13 and a beta of 1.08.

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

Polaris Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Tuesday, September 2nd will be paid a $0.67 dividend. The ex-dividend date is Tuesday, September 2nd. This represents a $2.68 annualized dividend and a dividend yield of 4.6%. Polaris's payout ratio is currently -142.55%.

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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