Polaris Inc. $PII Shares Bought by Allianz Asset Management GmbH

Key Points

• Allianz Asset Management GmbH increased its stake in Polaris Inc. by 8.6%, owning approximately 0.36% of the company, valued at over $8 million.
• Polaris Inc. reported earnings of $0.40 per share, significantly beating analysts' expectations, with revenues totaling $1.85 billion.
• The company declared a quarterly dividend of $0.67 per share, yielding 4.0%, although it has a negative payout ratio of -142.55%.

Allianz Asset Management GmbH raised its stake in Polaris Inc. (NYSE:PII - Free Report) by 8.6% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 199,543 shares of the company's stock after acquiring an additional 15,854 shares during the quarter. Allianz Asset Management GmbH owned approximately 0.36% of Polaris worth $8,111,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Allworth Financial LP raised its holdings in shares of Polaris by 7,462.5% in the first 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 last quarter. Fifth Third Bancorp raised its holdings in shares of Polaris by 39.9% in the second quarter. Fifth Third Bancorp now owns 1,393 shares of the company's stock worth $57,000 after acquiring an additional 397 shares during the last quarter. UMB Bank n.a. raised its holdings in shares of Polaris by 79.0% in the second quarter. UMB Bank n.a. now owns 1,441 shares of the company's stock worth $59,000 after acquiring an additional 636 shares during the last quarter. Opal Wealth Advisors LLC raised its holdings in shares of Polaris by 91.4% in the second quarter. Opal Wealth Advisors LLC now owns 1,638 shares of the company's stock worth $67,000 after acquiring an additional 782 shares during the last quarter. Finally, Quarry LP acquired a new position in shares of Polaris in the first quarter worth $87,000. 88.06% of the stock is owned by institutional investors and hedge funds.

Polaris Price Performance

PII stock opened at $66.91 on Wednesday. The stock has a 50-day moving average price of $59.47 and a two-hundred day moving average price of $47.76. Polaris Inc. has a 12-month low of $30.92 and a 12-month high of $80.00. The company has a current ratio of 1.04, a quick ratio of 0.37 and a debt-to-equity ratio of 1.17. The company has a market cap of $3.76 billion, a PE ratio of -35.59 and a beta of 1.08.

Polaris (NYSE:PII - Get Free Report) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $0.40 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 firm had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.73 billion. During the same quarter in the previous year, the business earned $1.38 earnings per share. The firm's quarterly revenue was down 5.5% compared to the same quarter last year. Polaris has set its Q3 2025 guidance at EPS. As a group, research analysts predict that Polaris Inc. will post 1.11 EPS for the current year.

Polaris Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Tuesday, September 2nd were given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend was Tuesday, September 2nd. Polaris's payout ratio is -142.55%.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on PII. BMO Capital Markets reissued a "market perform" rating and issued a $52.00 price target (up from $33.00) on shares of Polaris in a report 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 research report on Wednesday, July 30th. UBS Group lifted their price objective on Polaris from $45.00 to $58.00 and gave the company a "neutral" rating in a research report on Monday, September 8th. Robert W. Baird lifted their price objective on Polaris from $55.00 to $60.00 and gave the company a "neutral" rating in a research report on Monday, October 6th. Finally, Wall Street Zen raised Polaris from a "strong sell" rating to a "hold" rating in a research report on Saturday, August 2nd. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $53.42.

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.

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