Polaris Inc. $PII Shares Purchased by Charles Schwab Investment Management Inc.

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. increased its holdings in shares of Polaris Inc. (NYSE:PII - Free Report) by 4.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 579,429 shares of the company's stock after purchasing 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 Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in PII. RWWM Inc. raised its holdings in shares of Polaris by 169.2% during the first quarter. RWWM Inc. now owns 2,395,049 shares of the company's stock worth $98,053,000 after purchasing an additional 1,505,351 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of Polaris by 25,682.0% during the first quarter. GAMMA Investing LLC now owns 249,570 shares of the company's stock worth $10,217,000 after purchasing an additional 248,602 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Polaris by 73.2% during the fourth quarter. Ameriprise Financial Inc. now owns 404,001 shares of the company's stock worth $23,279,000 after purchasing an additional 170,739 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Polaris by 17.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,070,862 shares of the company's stock worth $61,702,000 after purchasing an additional 162,958 shares during the last quarter. Finally, Allianz Asset Management GmbH raised its holdings in shares of Polaris by 236.6% during the first quarter. Allianz Asset Management GmbH now owns 183,689 shares of the company's stock worth $7,520,000 after purchasing an additional 129,112 shares during the last quarter. Hedge funds and other institutional investors own 88.06% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on PII. BMO Capital Markets reaffirmed a "market perform" rating and issued a $52.00 price objective (up previously from $33.00) on shares of Polaris in a report on Wednesday, July 30th. Citigroup reaffirmed 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. Robert W. Baird lifted 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. Wall Street Zen raised shares of Polaris from a "strong sell" rating to a "hold" rating in a report on Saturday, August 2nd. Finally, Roth Capital lifted 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. One investment analyst has rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, Polaris presently has a consensus rating of "Hold" and an average target price of $48.33.

Polaris Price Performance

Shares of NYSE PII traded down $1.10 during trading on Tuesday, hitting $56.26. The company had a trading volume of 1,096,326 shares, compared to its average volume of 1,782,763. The stock has a fifty day simple moving average of $49.47 and a two-hundred day simple moving average of $43.15. Polaris Inc. has a fifty-two week low of $30.92 and a fifty-two week high of $86.51. The firm has a market capitalization of $3.16 billion, a price-to-earnings ratio of -29.92 and a beta of 1.04. The company has a quick ratio of 0.37, a current ratio of 1.04 and a debt-to-equity ratio of 1.17.

Polaris (NYSE:PII - Get Free Report) last announced its earnings results on Tuesday, July 29th. The company reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.73 billion. During the same quarter last year, the business earned $1.38 earnings per share. The company'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. On average, research analysts expect that Polaris Inc. will post 1.11 earnings per share for the current year.

Polaris Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Tuesday, September 2nd will be given a $0.67 dividend. The ex-dividend date is Tuesday, September 2nd. This represents a $2.68 annualized dividend and a dividend yield of 4.8%. Polaris's dividend payout ratio (DPR) is -142.55%.

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.