Hotchkis & Wiley Capital Management LLC Increases Holdings in Polaris Inc. $PII

Key Points

• Hotchkis & Wiley Capital Management LLC increased its holdings in Polaris Inc. by 64.5%, owning approximately 289,094 shares worth $11,836,000 after the purchase.
• Polaris recently topped analysts' earnings estimates, reporting $0.40 EPS compared to the expected $0.05, with a revenue of $1.85 billion for the quarter.
• The company declared a quarterly dividend of $0.67, reflecting an annualized yield of 4.7% and an upcoming ex-dividend date of September 2nd.

Hotchkis & Wiley Capital Management LLC increased its position in Polaris Inc. (NYSE:PII - Free Report) by 64.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 289,094 shares of the company's stock after purchasing an additional 113,386 shares during the quarter. Hotchkis & Wiley Capital Management LLC owned approximately 0.51% of Polaris worth $11,836,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Summit Financial LLC lifted its holdings in shares of Polaris by 16.7% in the 1st quarter. Summit Financial LLC now owns 6,001 shares of the company's stock worth $246,000 after buying an additional 858 shares during the period. Quantbot Technologies LP raised its holdings in shares of Polaris by 7.0% in the first quarter. Quantbot Technologies LP now owns 38,454 shares of the company's stock valued at $1,574,000 after acquiring an additional 2,510 shares in the last quarter. Wellington Management Group LLP bought a new stake in shares of Polaris in the first quarter valued at about $202,000. Northern Trust Corp lifted its stake in Polaris by 5.5% in the first quarter. Northern Trust Corp now owns 469,494 shares of the company's stock worth $19,221,000 after acquiring an additional 24,532 shares during the period. Finally, Brooklyn Investment Group lifted its stake in Polaris by 2,181.0% in the first quarter. Brooklyn Investment Group now owns 2,646 shares of the company's stock worth $108,000 after acquiring an additional 2,530 shares during the period. 88.06% of the stock is owned by institutional investors.

Analyst Ratings Changes

PII has been the topic of a number of research reports. Robert W. Baird raised their target price 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. Roth Capital increased their price objective on shares of Polaris from $32.00 to $41.00 and gave the company a "neutral" rating in a research note on Wednesday, July 23rd. Royal Bank Of Canada boosted their price objective on shares of Polaris from $34.00 to $56.00 and gave the stock a "sector perform" rating in a research note on Wednesday, July 30th. BMO Capital Markets reaffirmed a "market perform" rating and set a $52.00 target price (up previously from $33.00) on shares of Polaris in a research report on Wednesday, July 30th. Finally, Wall Street Zen upgraded Polaris from a "strong sell" rating to a "hold" rating in a report on Saturday, August 2nd. One research analyst has rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $48.33.

Polaris Price Performance

Shares of PII opened at $57.2440 on Friday. The company has a market cap of $3.22 billion, a price-to-earnings 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 company has a quick ratio of 0.37, a current ratio of 1.04 and a debt-to-equity ratio of 1.17. The company has a 50 day moving average of $48.82 and a two-hundred day moving average of $42.99.

Polaris (NYSE:PII - Get Free Report) last issued its quarterly earnings results on Tuesday, July 29th. The company reported $0.40 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.05 by $0.35. The business had revenue of $1.85 billion for the quarter, compared to the consensus estimate of $1.73 billion. Polaris had a positive return on equity of 5.16% and a negative net margin of 1.57%.The business's quarterly revenue was down 5.5% on a year-over-year basis. During the same period in the prior year, the firm posted $1.38 earnings per share. Polaris has set its Q3 2025 guidance at EPS. As a group, analysts predict that Polaris Inc. will post 1.11 earnings per share for the current fiscal year.

Polaris Dividend Announcement

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

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