Polaris Inc. $PII Stock Position Raised by Jump Financial LLC

Key Points

• Jump Financial LLC increased its stake in Polaris Inc. by 243.8%, acquiring an additional 211,832 shares, bringing its total ownership to 298,736 shares valued at $12.23 million.
• Polaris shares rose by 7.4%, with the stock price currently at $57.24, while the company reported a positive earnings surprise of $0.35 per share for the last quarter.
• The company announced a quarterly dividend of $0.67 per share, translating to an annualized yield of 4.7%, with an ex-dividend date set for September 2nd.

Jump Financial LLC increased its position in shares of Polaris Inc. (NYSE:PII - Free Report) by 243.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 298,736 shares of the company's stock after purchasing an additional 211,832 shares during the period. Jump Financial LLC owned 0.53% of Polaris worth $12,230,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of PII. UMB Bank n.a. boosted its stake in Polaris by 114.1% in the first quarter. UMB Bank n.a. now owns 805 shares of the company's stock valued at $33,000 after acquiring an additional 429 shares in the last quarter. Opal Wealth Advisors LLC acquired a new position in Polaris in the first quarter valued at $35,000. Fifth Third Bancorp boosted its stake in Polaris by 46.9% in the first quarter. Fifth Third Bancorp now owns 996 shares of the company's stock valued at $41,000 after acquiring an additional 318 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its stake in Polaris by 191.1% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 1,214 shares of the company's stock valued at $50,000 after acquiring an additional 797 shares in the last quarter. Finally, Allworth Financial LP boosted its stake in Polaris by 7,462.5% in the first quarter. Allworth Financial LP now owns 1,210 shares of the company's stock valued at $50,000 after acquiring an additional 1,194 shares in the last quarter. Institutional investors and hedge funds own 88.06% of the company's stock.

Analysts Set New Price Targets

Several research firms have issued reports on PII. Robert W. Baird upped their price objective on shares of Polaris from $46.00 to $55.00 and gave the company a "neutral" rating in a research note on Wednesday, July 30th. Wall Street Zen upgraded shares of Polaris from a "strong sell" rating to a "hold" rating in a research note on Saturday, August 2nd. Royal Bank Of Canada upped their target price on shares of Polaris from $34.00 to $56.00 and gave the company a "sector perform" rating in a report on Wednesday, July 30th. BMO Capital Markets reaffirmed a "market perform" rating and issued a $52.00 target price (up from $33.00) on shares of Polaris in a report on Wednesday, July 30th. Finally, Morgan Stanley reduced their target price on shares of Polaris from $31.00 to $29.00 and set an "equal weight" rating for the company in a report on Thursday, May 1st. One analyst has rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $48.33.

Polaris Price Performance

Polaris stock traded down $0.22 during mid-day trading on Friday, reaching $56.14. The company had a trading volume of 376,918 shares, compared to its average volume of 1,696,566. Polaris Inc. has a 1 year low of $30.92 and a 1 year high of $86.51. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.04 and a quick ratio of 0.37. The company has a market capitalization of $3.16 billion, a P/E ratio of -29.91 and a beta of 1.04. The stock's 50-day simple moving average is $50.14 and its 200-day simple moving average is $43.33.

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

Polaris Announces Dividend

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

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.