BlackRock Inc. Takes Position in Polaris Inc. $PII

Key Points

• BlackRock acquired 7.33 million Polaris shares in the second quarter, valued at approximately $501.4 million, giving it a 12.87% stake. Institutional investors and hedge funds collectively own 88.06% of Polaris.
• Polaris reported quarterly earnings of $1.97 per share, beating estimates of $0.76, while revenue rose 9.2% year over year to $2.02 billion. The company guided to fiscal 2026 EPS of $3.00–$3.10.
• Analysts maintain a broadly neutral view, with an average “Hold” rating and a consensus price target of $67. Polaris also declared a quarterly dividend of $0.68 per share, representing a 4.2% annualized yield.

BlackRock Inc. acquired a new position in shares of Polaris Inc. (NYSE:PII - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 7,325,540 shares of the company's stock, valued at approximately $501,360,000. BlackRock Inc. owned approximately 12.87% of Polaris at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in PII. Kemnay Advisory Services Inc. bought a new position in Polaris during the 4th quarter worth $27,000. Danske Bank A S lifted its stake in shares of Polaris by 150.0% in the 4th quarter. Danske Bank A S now owns 500 shares of the company's stock worth $32,000 after acquiring an additional 300 shares during the period. Elevation Wealth Partners LLC increased its stake in shares of Polaris by 471.0% during the second quarter. Elevation Wealth Partners LLC now owns 571 shares of the company's stock valued at $39,000 after acquiring an additional 471 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Polaris during the fourth quarter valued at approximately $40,000. Finally, Bard Associates Inc. bought a new stake in Polaris during the fourth quarter worth approximately $46,000. Institutional investors and hedge funds own 88.06% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Morgan Stanley decreased their price target on Polaris from $74.00 to $69.00 and set an "equal weight" rating for the company in a research note on Tuesday, May 19th. Weiss Ratings raised Polaris from a "sell (d)" rating to a "sell (d+)" rating in a research note on Wednesday, July 29th. Raymond James Financial restated an "outperform" rating on shares of Polaris in a report on Wednesday, April 29th. Bank of America reaffirmed a "neutral" rating on shares of Polaris in a research note on Wednesday, July 29th. Finally, Wells Fargo & Company lifted their target price on Polaris from $65.00 to $70.00 and gave the stock an "equal weight" rating in a report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $67.00.

Polaris Stock Performance

Shares of NYSE PII opened at $64.37 on Tuesday. 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 stock has a market capitalization of $3.66 billion, a price-to-earnings ratio of -13.90 and a beta of 1.26. The stock's fifty day simple moving average is $69.19 and its 200 day simple moving average is $64.25. Polaris Inc. has a 52-week low of $47.14 and a 52-week high of $77.98.

Polaris (NYSE:PII - Get Free Report) last released its 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 business had revenue of $2.02 billion for the quarter, compared to the consensus estimate of $1.95 billion. Polaris had a negative net margin of 3.50% and a positive return on equity of 16.77%. The firm's quarterly revenue was up 9.2% compared to the same quarter last year. During the same period last year, the firm posted ($1.39) earnings per share. Polaris has set its FY 2026 guidance at 3.000-3.100 EPS. As a group, sell-side analysts forecast that Polaris Inc. will post 3.22 earnings per share for the current fiscal year.

Polaris Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be paid a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend is Tuesday, September 1st. Polaris's payout ratio is -58.75%.

Polaris Profile

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.

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