Bard Financial Services Inc. Has $1.80 Million Stock Holdings in Polaris Inc. $PII

Key Points

• Bard Financial Services Inc. increased its stake in Polaris Inc. by 14.8% during the second quarter, now owning 44,220 shares valued at approximately $1.8 million.
• Polaris recently reported earnings of $0.40 per share, exceeding analyst estimates, but saw a 5.5% decline in revenue compared to the previous year.
• The company declared a quarterly dividend of $0.67 per share, reflecting a 4.7% yield, but noted a negative dividend payout ratio of -142.55%.

Bard Financial Services Inc. grew its holdings in Polaris Inc. (NYSE:PII - Free Report) by 14.8% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 44,220 shares of the company's stock after buying an additional 5,700 shares during the quarter. Bard Financial Services Inc. owned 0.08% of Polaris worth $1,798,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the business. Fifth Third Bancorp raised its position in Polaris by 46.9% in the first quarter. Fifth Third Bancorp now owns 996 shares of the company's stock worth $41,000 after purchasing an additional 318 shares in the last quarter. Linden Thomas Advisory Services LLC raised its holdings in shares of Polaris by 5.0% in the 1st quarter. Linden Thomas Advisory Services LLC now owns 7,984 shares of the company's stock worth $327,000 after buying an additional 379 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its holdings in shares of Polaris by 2.9% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 14,234 shares of the company's stock worth $583,000 after buying an additional 396 shares in the last quarter. Principal Financial Group Inc. raised its holdings in shares of Polaris by 0.4% in the 1st quarter. Principal Financial Group Inc. now owns 120,572 shares of the company's stock worth $4,936,000 after buying an additional 423 shares in the last quarter. Finally, UMB Bank n.a. raised its holdings in shares of Polaris by 114.1% in the 1st quarter. UMB Bank n.a. now owns 805 shares of the company's stock worth $33,000 after buying an additional 429 shares in the last quarter. Institutional investors and hedge funds own 88.06% of the company's stock.

Polaris Stock Down 3.2%

Shares of PII stock traded down $1.85 on Friday, hitting $55.22. 600,656 shares of the stock were exchanged, compared to its average volume of 1,657,451. The company has a current ratio of 1.04, a quick ratio of 0.37 and a debt-to-equity ratio of 1.17. The firm has a market capitalization of $3.10 billion, a P/E ratio of -29.35 and a beta of 1.08. The business has a 50-day moving average of $54.41 and a 200 day moving average of $44.64. Polaris Inc. has a fifty-two week low of $30.92 and a fifty-two week high of $86.51.

Polaris (NYSE:PII - Get Free Report) last posted its quarterly earnings data 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. Polaris had a positive return on equity of 5.16% and a negative net margin of 1.57%.The company had revenue of $1.85 billion during the quarter, compared to analysts' expectations of $1.73 billion. During the same period in the prior year, the firm earned $1.38 earnings per share. Polaris's revenue for the quarter was down 5.5% compared to the same quarter last year. Polaris has set its Q3 2025 guidance at EPS. Equities analysts anticipate that Polaris Inc. will post 1.11 EPS for the current year.

Polaris Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Tuesday, September 2nd were issued a dividend of $0.67 per share. The ex-dividend date was Tuesday, September 2nd. This represents a $2.68 annualized dividend and a yield of 4.9%. Polaris's dividend payout ratio is presently -142.55%.

Wall Street Analyst Weigh In

PII has been the subject of several recent analyst reports. 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. Robert W. Baird increased their target price on shares of Polaris from $46.00 to $55.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 30th. BMO Capital Markets reaffirmed a "market perform" rating and set a $52.00 price objective (up previously from $33.00) on shares of Polaris in a report on Wednesday, July 30th. Zacks Research lowered shares of Polaris from a "strong-buy" rating to a "hold" rating in a report on Wednesday, August 27th. Finally, Wall Street Zen raised Polaris from a "strong sell" rating to a "hold" rating in a report on Saturday, August 2nd. One investment analyst has rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Polaris currently has a consensus rating of "Hold" and a consensus price target of $49.17.

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.