Deutsche Bank AG Increases Stake in Polaris Inc. $PII

Key Points

• Deutsche Bank AG increased its stake in Polaris Inc. by 305.0% in Q1, acquiring an additional 20,320 shares, bringing its total holdings to 26,982 shares worth approximately $1.1 million.
• Polaris's stock has shown a positive movement with a 7.4% increase, and it has a current price of around $57.24, with analysts predicting a consensus target price of $48.33.
• The company has announced a quarterly dividend of $0.67 per share, with a yield of 4.7%, despite a substantial negative dividend payout ratio of -142.55%.

Deutsche Bank AG grew its stake in shares of Polaris Inc. (NYSE:PII - Free Report) by 305.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 26,982 shares of the company's stock after acquiring an additional 20,320 shares during the period. Deutsche Bank AG's holdings in Polaris were worth $1,105,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in PII. Envestnet Asset Management Inc. lifted its position in shares of Polaris by 8.4% during the fourth quarter. Envestnet Asset Management Inc. now owns 41,445 shares of the company's stock worth $2,388,000 after acquiring an additional 3,210 shares in the last quarter. Barclays PLC lifted its position in shares of Polaris by 31.6% during the fourth quarter. Barclays PLC now owns 51,074 shares of the company's stock worth $2,944,000 after acquiring an additional 12,269 shares in the last quarter. CANADA LIFE ASSURANCE Co lifted its position in shares of Polaris by 1.2% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 43,405 shares of the company's stock worth $2,499,000 after acquiring an additional 501 shares in the last quarter. Dimensional Fund Advisors LP lifted its position 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 acquiring an additional 162,958 shares in the last quarter. Finally, MetLife Investment Management LLC lifted its position in shares of Polaris by 9.1% during the fourth quarter. MetLife Investment Management LLC now owns 29,534 shares of the company's stock worth $1,702,000 after acquiring an additional 2,466 shares in the last quarter. Hedge funds and other institutional investors own 88.06% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. Zacks Research downgraded Polaris from a "strong-buy" rating to a "hold" rating in a research report on Wednesday. Robert W. Baird boosted their price target on shares of Polaris from $46.00 to $55.00 and gave the company a "neutral" rating in a research report on Wednesday, July 30th. Royal Bank Of Canada boosted their target price on Polaris from $34.00 to $56.00 and gave the stock a "sector perform" rating in a research report on Wednesday, July 30th. Citigroup restated a "sell" rating and set a $27.00 target price (up from $23.00) on shares of Polaris in a research report on Monday, June 16th. Finally, Roth Capital boosted their target price on Polaris from $32.00 to $41.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 23rd. One investment analyst has rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Polaris currently has an average rating of "Hold" and an average price target of $48.33.

Polaris Price Performance

Shares of Polaris stock traded up $0.22 on Friday, hitting $56.58. 999,330 shares of the company traded hands, compared to its average volume of 1,383,012. The firm's 50-day simple moving average is $50.49 and its 200 day simple moving average is $43.42. 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 company has a market cap of $3.18 billion, a P/E ratio of -30.09 and a beta of 1.04. Polaris Inc. has a 12-month low of $30.92 and a 12-month high of $86.51.

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. 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 analysts' expectations of $1.73 billion. During the same quarter last year, the company posted $1.38 EPS. The business's quarterly revenue was down 5.5% on a year-over-year basis. Polaris has set its Q3 2025 guidance at EPS. Analysts expect that Polaris Inc. will post 1.11 earnings per share for the current fiscal year.

Polaris Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Tuesday, September 2nd will be paid a $0.67 dividend. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a $2.68 dividend on an annualized basis and a dividend yield of 4.7%. Polaris's dividend payout ratio is -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.