Comerica Bank Has $2.65 Million Stock Holdings in Polaris Inc. $PII

Key Points

• Comerica Bank increased its position in Polaris by 173.4% in Q4 to 41,939 shares, worth about $2.65 million (≈0.07% of the company).
• Insiders sold sizable stakes on Feb. 11: CEO Michael T. Speetzen sold 35,086 shares (~$2.34M) and Benjamin D. Duke sold 10,090 shares (~$674k), cutting their ownership by roughly 20–25%.
• Polaris beat quarterly expectations with $0.13 EPS (vs. -$0.43 est.) and $1.66B revenue, issued FY2026 guidance of 1.600–1.700 EPS, and declared a $0.68 quarterly dividend (4.4% yield; ex-dividend June 1).

Comerica Bank increased its position in shares of Polaris Inc. (NYSE:PII - Free Report) by 173.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,939 shares of the company's stock after acquiring an additional 26,601 shares during the quarter. Comerica Bank owned about 0.07% of Polaris worth $2,653,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in PII. Quent Capital LLC acquired a new position in shares of Polaris during the third quarter valued at $37,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Polaris during the fourth quarter valued at $40,000. Geneos Wealth Management Inc. lifted its stake in shares of Polaris by 213.5% during the third quarter. Geneos Wealth Management Inc. now owns 928 shares of the company's stock valued at $54,000 after acquiring an additional 632 shares during the period. Farther Finance Advisors LLC lifted its stake in shares of Polaris by 31.3% during the third quarter. Farther Finance Advisors LLC now owns 998 shares of the company's stock valued at $58,000 after acquiring an additional 238 shares during the period. Finally, Canada Pension Plan Investment Board acquired a new position in shares of Polaris during the second quarter valued at $73,000. Institutional investors and hedge funds own 88.06% of the company's stock.

Insider Activity

In other Polaris news, CEO Michael T. Speetzen sold 35,086 shares of the stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $66.83, for a total value of $2,344,797.38. Following the completion of the sale, the chief executive officer directly owned 136,362 shares in the company, valued at $9,113,072.46. This represents a 20.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Benjamin D. Duke sold 10,090 shares of the stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $66.82, for a total value of $674,213.80. Following the completion of the sale, the insider owned 30,242 shares of the company's stock, valued at $2,020,770.44. This trade represents a 25.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 2.40% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on PII shares. Citigroup upped their price target on Polaris from $58.00 to $70.00 and gave the company a "neutral" rating in a research note on Thursday, April 30th. Zacks Research raised Polaris from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 20th. Weiss Ratings lowered Polaris from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Tuesday, February 17th. Raymond James Financial reaffirmed an "outperform" rating on shares of Polaris in a research note on Wednesday, April 29th. Finally, Robert W. Baird increased their target price on Polaris from $67.00 to $70.00 and gave the company a "neutral" rating in a research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, Polaris currently has a consensus rating of "Hold" and an average target price of $65.00.

Polaris Trading Down 5.9%

NYSE:PII opened at $62.51 on Tuesday. Polaris Inc. has a 1-year low of $33.00 and a 1-year high of $75.25. The business's 50-day moving average price is $56.85 and its two-hundred day moving average price is $63.41. The company has a current ratio of 1.21, a quick ratio of 0.48 and a debt-to-equity ratio of 2.72. The firm has a market capitalization of $3.56 billion, a price-to-earnings ratio of -7.97 and a beta of 1.25.

Polaris (NYSE:PII - Get Free Report) last released its earnings results on Monday, April 27th. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of ($0.43) by $0.56. Polaris had a positive return on equity of 5.91% and a negative net margin of 6.13%.The firm had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.63 billion. During the same quarter in the prior year, the firm posted ($0.90) earnings per share. The company's quarterly revenue was up 8.0% on a year-over-year basis. Polaris has set its FY 2026 guidance at 1.600-1.700 EPS. On average, equities analysts expect that Polaris Inc. will post 1.7 earnings per share for the current year.

Polaris Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be issued a $0.68 dividend. This represents a $2.72 annualized dividend and a dividend yield of 4.4%. The ex-dividend date is Monday, June 1st. Polaris's dividend payout ratio is -34.69%.

About Polaris

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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