Charles Schwab Investment Management Inc. Has $23.72 Million Stake in Polaris Inc. $PII

Key Points

• Charles Schwab Investment Management Inc. increased its investment in Polaris Inc. by 4.3% in Q1, now holding 579,429 shares valued at around $23.7 million.
• Polaris has experienced several significant changes in analyst ratings, with Citigroup maintaining a "sell" with a price target of $27, while Royal Bank of Canada increased their target to $56, showing mixed sentiment.
• The company announced a quarterly dividend of $0.67 per share, representing an annualized yield of 4.9%, despite a negative dividend payout ratio of -142.55%.

Charles Schwab Investment Management Inc. lifted its holdings in shares of Polaris Inc. (NYSE:PII - Free Report) by 4.3% in the first quarter, according to its most recent filing with the SEC. The firm owned 579,429 shares of the company's stock after acquiring an additional 24,122 shares during the period. Charles Schwab Investment Management Inc. owned approximately 1.03% of Polaris worth $23,722,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. UMB Bank n.a. lifted its holdings in shares of Polaris by 114.1% during the 1st 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 period. Opal Wealth Advisors LLC bought a new position in Polaris during the 1st quarter valued at about $35,000. Fifth Third Bancorp lifted its holdings in Polaris by 46.9% during the 1st 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. Allworth Financial LP lifted its holdings in Polaris by 7,462.5% during the 1st quarter. Allworth Financial LP now owns 1,210 shares of the company's stock valued at $50,000 after purchasing an additional 1,194 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB lifted its holdings in Polaris by 191.1% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 1,214 shares of the company's stock valued at $50,000 after purchasing an additional 797 shares during the last quarter. 88.06% of the stock is owned by institutional investors.

Polaris Price Performance

PII traded up $3.9540 during midday trading on Friday, hitting $57.2440. The company had a trading volume of 1,875,806 shares, compared to its average volume of 1,789,720. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.37 and a current ratio of 1.04. The company has a market capitalization of $3.22 billion, a PE ratio of -30.45 and a beta of 1.04. Polaris Inc. has a twelve month low of $30.92 and a twelve month high of $87.83. The firm's 50-day simple moving average is $48.82 and its 200-day simple moving average is $42.99.

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, beating the consensus estimate of $0.05 by $0.35. The firm had revenue of $1.85 billion during 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 company's quarterly revenue was down 5.5% compared to the same quarter last year. During the same quarter last year, the company posted $1.38 EPS. Polaris has set its Q3 2025 guidance at EPS. Equities research analysts predict that Polaris Inc. will post 1.11 EPS for the current fiscal year.

Polaris Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 15th. Shareholders of record on Tuesday, September 2nd will be given a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 4.7%. The ex-dividend date is Tuesday, September 2nd. Polaris's dividend payout ratio (DPR) is presently -142.55%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on PII. Morgan Stanley cut their price target on shares of Polaris from $31.00 to $29.00 and set an "equal weight" rating for the company in a report on Thursday, May 1st. Citigroup reissued a "sell" rating and set a $27.00 price target (up from $23.00) on shares of Polaris in a report on Monday, June 16th. BMO Capital Markets reissued a "market perform" rating and set a $52.00 price target (up from $33.00) on shares of Polaris in a report on Wednesday, July 30th. Roth Capital lifted their price target on shares of Polaris from $32.00 to $41.00 and gave the company a "neutral" rating in a report on Wednesday, July 23rd. Finally, Wall Street Zen raised shares of Polaris from a "strong sell" rating to a "hold" rating in a report on Saturday, August 2nd. One analyst has rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $48.33.

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.