Eagle Global Advisors LLC Buys Shares of 5,630 Polaris Inc. $PII

Key Points

• Eagle Global Advisors LLC acquired a new stake in Polaris Inc. by purchasing 5,630 shares, valued at approximately $229,000 during the 2nd quarter.
• Polaris recently reported earnings of $0.40 per share, surpassing analysts' estimates, with a revenue of $1.85 billion for the quarter despite a 5.5% year-over-year decline.
• The company declared a quarterly dividend of $0.67 per share, reflecting an annualized dividend yield of 4.6%, although its payout ratio currently stands at an unsustainable -142.55%.

Eagle Global Advisors LLC bought a new stake in shares of Polaris Inc. (NYSE:PII - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 5,630 shares of the company's stock, valued at approximately $229,000.

Other hedge funds also recently modified their holdings of the company. UMB Bank n.a. increased its position in shares of Polaris by 114.1% during the 1st quarter. UMB Bank n.a. now owns 805 shares of the company's stock valued at $33,000 after purchasing an additional 429 shares during the period. Opal Wealth Advisors LLC acquired a new position in shares of Polaris during the 1st quarter valued at $35,000. Fifth Third Bancorp increased its position in shares of 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 period. MassMutual Private Wealth & Trust FSB increased its position in shares of 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 period. Finally, Allworth Financial LP increased its position in shares of 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 period. 88.06% of the stock is currently owned by institutional investors and hedge funds.

Polaris Stock Performance

Shares of PII stock opened at $58.86 on Friday. Polaris Inc. has a 1-year low of $30.92 and a 1-year high of $86.51. 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 capitalization of $3.31 billion, a price-to-earnings ratio of -31.31 and a beta of 1.08. The stock's fifty day simple moving average is $55.49 and its 200-day simple moving average is $45.16.

Polaris (NYSE:PII - Get Free Report) last issued its quarterly earnings results on Tuesday, July 29th. The company reported $0.40 earnings per share for the quarter, beating analysts' consensus estimates of $0.05 by $0.35. Polaris had a positive return on equity of 5.16% and a negative net margin of 1.57%.The business had revenue of $1.85 billion for the quarter, compared to the consensus estimate of $1.73 billion. During the same quarter in the previous year, the company posted $1.38 earnings per share. Polaris'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, sell-side analysts predict that Polaris Inc. will post 1.11 earnings per share for the current fiscal year.

Polaris Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Tuesday, September 2nd were issued a dividend of $0.67 per share. The ex-dividend date was Tuesday, September 2nd. This represents a $2.68 dividend on an annualized basis and a dividend yield of 4.6%. Polaris's payout ratio is currently -142.55%.

Analyst Ratings Changes

Several brokerages have recently issued reports on PII. UBS Group lifted their price target on Polaris from $45.00 to $58.00 and gave the company a "neutral" rating in a research report on Monday, September 8th. Citigroup reiterated a "sell" rating and set a $27.00 price target (up from $23.00) on shares of Polaris in a research report on Monday, June 16th. Royal Bank Of Canada lifted their target price on Polaris from $34.00 to $56.00 and gave the stock a "sector perform" rating in a report on Wednesday, July 30th. Wall Street Zen upgraded Polaris from a "strong sell" rating to a "hold" rating in a report on Saturday, August 2nd. Finally, Roth Capital lifted their target price on Polaris from $32.00 to $41.00 and gave the stock a "neutral" rating in a report on Wednesday, July 23rd. One 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. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $49.17.

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.

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