Calton & Associates Inc. Buys New Position in Polaris Inc. $PII

Key Points

• Calton & Associates Inc. purchased a new stake in Polaris Inc., acquiring 11,006 shares valued at approximately $451,000 in the first quarter.
• Polaris declared a quarterly dividend of $0.67, with a yield of 4.7%, despite a negative dividend payout ratio of -142.55%.
• Analysts have revised price targets for Polaris, with a consensus rating of "Hold" and an average price target of $48.33, while some have increased their estimates significantly.

Calton & Associates Inc. purchased a new stake in shares of Polaris Inc. (NYSE:PII - Free Report) in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 11,006 shares of the company's stock, valued at approximately $451,000.

Other institutional investors have also recently made changes to their positions in the company. FORA Capital LLC grew its stake in shares of Polaris by 521.5% in the 4th quarter. FORA Capital LLC now owns 17,285 shares of the company's stock worth $996,000 after acquiring an additional 14,504 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Polaris by 162.5% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 10,423 shares of the company's stock worth $427,000 after buying an additional 6,453 shares during the last quarter. Cerity Partners LLC boosted its holdings in shares of Polaris by 25.9% in the 1st quarter. Cerity Partners LLC now owns 53,082 shares of the company's stock worth $2,173,000 after buying an additional 10,906 shares during the last quarter. Bard Financial Services Inc. purchased a new position in shares of Polaris in the 1st quarter worth about $1,577,000. Finally, Jump Financial LLC boosted its holdings in shares of Polaris by 243.8% in the 1st quarter. Jump Financial LLC now owns 298,736 shares of the company's stock worth $12,230,000 after buying an additional 211,832 shares during the last quarter. Institutional investors own 88.06% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Roth Capital boosted their price target on shares of Polaris from $32.00 to $41.00 and gave the stock a "neutral" rating in a report on Wednesday, July 23rd. Robert W. Baird upped their price objective on shares of Polaris from $46.00 to $55.00 and gave the company a "neutral" rating in a report on Wednesday, July 30th. Royal Bank Of Canada upped their price objective 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. Zacks Research downgraded shares of Polaris from a "strong-buy" rating to a "hold" rating in a report on Wednesday, August 27th. Finally, BMO Capital Markets reaffirmed a "market perform" rating and set a $52.00 price objective (up from $33.00) on shares of Polaris 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's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and an average target price of $48.33.

Polaris Price Performance

Shares of Polaris stock traded up $0.71 on Thursday, reaching $57.93. The stock had a trading volume of 775,323 shares, compared to its average volume of 1,693,697. Polaris Inc. has a 1 year low of $30.92 and a 1 year high of $86.51. The company has a market cap of $3.26 billion, a P/E ratio of -30.81 and a beta of 1.08. 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 business's 50 day moving average is $51.49 and its two-hundred day moving average is $43.67.

Polaris (NYSE:PII - Get Free Report) last announced its quarterly earnings results on Tuesday, July 29th. The company reported $0.40 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.05 by $0.35. Polaris had a negative net margin of 1.57% and a positive return on equity of 5.16%. The firm had revenue of $1.85 billion for the quarter, compared to the consensus estimate of $1.73 billion. During the same period in the prior year, the firm posted $1.38 earnings per share. The company's revenue for the quarter was down 5.5% on a year-over-year basis. Polaris has set its Q3 2025 guidance at EPS. As a group, research analysts anticipate that Polaris Inc. will post 1.11 EPS for the current year.

Polaris Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Tuesday, September 2nd will be paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend is Tuesday, September 2nd. Polaris's dividend payout ratio (DPR) 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.