Lantz Financial LLC Sells 8,280 Shares of Polaris Inc. $PII

Key Points

• Lantz Financial LLC has significantly reduced its position in Polaris Inc., cutting its holdings by 55.5% to 6,638 shares, valued at approximately $270,000.
• Polaris reported earnings of $0.40 per share for the recent quarter, surpassing analysts' expectations, although its quarterly revenue decreased by 5.5% year-over-year.
• Despite varied analyst ratings, the consensus rating for Polaris is currently a "Hold" with a target price of $49.17.

Lantz Financial LLC decreased its stake in shares of Polaris Inc. (NYSE:PII - Free Report) by 55.5% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,638 shares of the company's stock after selling 8,280 shares during the quarter. Lantz Financial LLC's holdings in Polaris were worth $270,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in 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 worth $33,000 after purchasing an additional 429 shares during the last quarter. Opal Wealth Advisors LLC acquired a new position in shares of Polaris during the 1st quarter worth approximately $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 worth $41,000 after purchasing an additional 318 shares during the last quarter. 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 worth $50,000 after purchasing an additional 797 shares during the last quarter. Finally, Allworth Financial LP boosted its stake 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 worth $50,000 after acquiring an additional 1,194 shares during the period. Institutional investors and hedge funds own 88.06% of the company's stock.

Polaris Trading Up 1.2%

Shares of PII stock traded up $0.69 on Monday, hitting $56.05. The company had a trading volume of 1,639,572 shares, compared to its average volume of 1,666,815. The stock's 50-day moving average is $54.51 and its two-hundred day moving average is $44.77. Polaris Inc. has a twelve month low of $30.92 and a twelve month high of $86.51. The firm has a market cap of $3.15 billion, a P/E ratio of -29.81 and a beta of 1.08. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.37 and a current ratio of 1.04.

Polaris (NYSE:PII - Get Free Report) last released its earnings results on Tuesday, July 29th. The company reported $0.40 EPS for the quarter, topping the consensus estimate of $0.05 by $0.35. The business had revenue of $1.85 billion during 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 firm's revenue was down 5.5% on a year-over-year basis. During the same quarter last year, the firm posted $1.38 earnings per share. Polaris has set its Q3 2025 guidance at EPS. On average, equities research analysts anticipate that Polaris Inc. will post 1.11 earnings per share for the current fiscal year.

Polaris Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Tuesday, September 2nd were given a $0.67 dividend. The ex-dividend date was Tuesday, September 2nd. This represents a $2.68 annualized dividend and a dividend yield of 4.8%. Polaris's payout ratio is -142.55%.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on PII shares. BMO Capital Markets reiterated a "market perform" rating and set a $52.00 target price (up from $33.00) on shares of Polaris in a research note on Wednesday, July 30th. Royal Bank Of Canada lifted their price objective on Polaris from $34.00 to $56.00 and gave the company a "sector perform" rating in a report on Wednesday, July 30th. Roth Capital lifted their price objective on Polaris from $32.00 to $41.00 and gave the company a "neutral" rating in a report on Wednesday, July 23rd. UBS Group lifted their price objective on Polaris from $45.00 to $58.00 and gave the company a "neutral" rating in a report on Monday, September 8th. Finally, Zacks Research cut Polaris from a "strong-buy" rating to a "hold" rating in a report on Wednesday, August 27th. One equities research analyst has rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus 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.