Polaris Inc. $PII Shares Purchased by Hotchkis & Wiley Capital Management LLC

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

A number of other hedge funds also recently added to or reduced their stakes in PII. UMB Bank n.a. raised its holdings in Polaris by 114.1% during the first quarter. UMB Bank n.a. now owns 805 shares of the company's stock worth $33,000 after purchasing an additional 429 shares in the last quarter. Opal Wealth Advisors LLC acquired a new stake in Polaris during the first quarter worth approximately $35,000. Fifth Third Bancorp raised its holdings in Polaris by 46.9% during the first quarter. Fifth Third Bancorp now owns 996 shares of the company's stock worth $41,000 after purchasing an additional 318 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its holdings in Polaris by 191.1% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 1,214 shares of the company's stock worth $50,000 after purchasing an additional 797 shares in the last quarter. Finally, Allworth Financial LP raised its holdings in Polaris by 7,462.5% during the first quarter. Allworth Financial LP now owns 1,210 shares of the company's stock worth $50,000 after purchasing an additional 1,194 shares in the last quarter. 88.06% of the stock is currently owned by institutional investors and hedge funds.

Polaris Price Performance

Shares of PII traded down $0.22 on Friday, reaching $56.14. The stock had a trading volume of 376,918 shares, compared to its average volume of 1,696,566. The firm has a market capitalization of $3.16 billion, a PE ratio of -29.91 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. The firm has a 50-day moving average of $50.14 and a 200 day moving average of $43.33. Polaris Inc. has a twelve month low of $30.92 and a twelve month high of $86.51.

Polaris (NYSE:PII - Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The company reported $0.40 earnings per share 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 analysts' expectations of $1.73 billion. Polaris had a positive return on equity of 5.16% and a negative net margin of 1.57%.The company's revenue was down 5.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.38 EPS. Polaris has set its Q3 2025 guidance at EPS. Sell-side analysts expect that Polaris Inc. will post 1.11 EPS for the current year.

Polaris Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Tuesday, September 2nd will be issued a $0.67 dividend. The ex-dividend date is Tuesday, September 2nd. This represents a $2.68 dividend on an annualized basis and a dividend yield of 4.8%. Polaris's dividend payout ratio is currently -142.55%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on PII shares. Wall Street Zen raised Polaris from a "strong sell" rating to a "hold" rating in a report on Saturday, August 2nd. Roth Capital boosted their target price on Polaris from $32.00 to $41.00 and gave the company a "neutral" rating in a report on Wednesday, July 23rd. Robert W. Baird boosted their target price on Polaris from $46.00 to $55.00 and gave the company a "neutral" rating in a report on Wednesday, July 30th. Citigroup reissued a "sell" rating and issued a $27.00 target price (up previously from $23.00) on shares of Polaris in a report on Monday, June 16th. Finally, Morgan Stanley dropped their target price on Polaris from $31.00 to $29.00 and set an "equal weight" rating on the stock in a report on Thursday, May 1st. One 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. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $48.33.

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.