KPP Advisory Services LLC Purchases New Holdings in Polaris Inc. $PII

Key Points

• KPP Advisory Services LLC acquired 6,742 shares of Polaris Inc. for approximately $274,000, marking a significant new investment during the 2nd quarter.
• Wall Street analysts have raised their price targets for Polaris, with Royal Bank of Canada increasing its target from $34.00 to $56.00, signaling positive sentiment despite mixed overall ratings.
• Polaris announced a quarterly dividend of $0.67 per share, representing an annualized yield of 4.2%, although its current dividend payout ratio stands at -142.55%.

KPP Advisory Services LLC acquired a new position in shares of Polaris Inc. (NYSE:PII - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 6,742 shares of the company's stock, valued at approximately $274,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Polaris by 16.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 3,970 shares of the company's stock valued at $229,000 after acquiring an additional 551 shares during the period. UMB Bank n.a. boosted its stake in shares of Polaris by 114.1% in 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 last quarter. GAMMA Investing LLC grew its position in shares of Polaris by 529.8% during the 1st quarter. GAMMA Investing LLC now owns 6,096 shares of the company's stock worth $250,000 after buying an additional 5,128 shares during the period. SG Americas Securities LLC raised its stake in shares of Polaris by 127.5% during the first quarter. SG Americas Securities LLC now owns 11,826 shares of the company's stock worth $484,000 after buying an additional 6,628 shares during the last quarter. Finally, Bard Financial Services Inc. acquired a new position in Polaris in the first quarter valued at approximately $1,577,000. 88.06% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have commented on PII shares. Royal Bank Of Canada lifted their target price on shares of Polaris from $34.00 to $56.00 and gave the stock a "sector perform" rating in a report on Wednesday, July 30th. BMO Capital Markets reaffirmed a "market perform" rating and set a $52.00 price objective (up from $33.00) on shares of Polaris in a research note on Wednesday, July 30th. Wall Street Zen raised Polaris from a "strong sell" rating to a "hold" rating in a research note on Saturday, August 2nd. Weiss Ratings restated a "sell (d+)" rating on shares of Polaris in a report on Saturday, September 27th. Finally, UBS Group upped their price target on Polaris from $45.00 to $58.00 and gave the company a "neutral" rating in a research note on Monday, September 8th. One investment analyst has rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $52.33.

Polaris Stock Down 0.0%

NYSE:PII opened at $64.27 on Tuesday. Polaris Inc. has a 1 year low of $30.92 and a 1 year high of $84.08. The stock has a 50-day moving average price of $56.86 and a two-hundred day moving average price of $45.98. The stock has a market cap of $3.61 billion, a price-to-earnings ratio of -34.19 and a beta of 1.08. The company has a current ratio of 1.04, a quick ratio of 0.37 and a debt-to-equity ratio of 1.17.

Polaris (NYSE:PII - Get Free Report) last released 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 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 analysts' expectations of $1.73 billion. During the same quarter in the previous year, the business posted $1.38 EPS. Polaris's revenue for the quarter was down 5.5% on a year-over-year basis. Polaris has set its Q3 2025 guidance at EPS. As a group, equities analysts expect that Polaris Inc. will post 1.11 earnings per share for the current year.

Polaris Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Tuesday, September 2nd were issued a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Tuesday, September 2nd. Polaris's dividend payout ratio (DPR) is presently -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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