Polaris Inc. $PII Position Cut by LPL Financial LLC

Key Points

• LPL Financial LLC reduced its stake in Polaris Inc. by 26.0%, selling 18,052 shares and retaining 51,392 shares valued at approximately $2.1 million.
• Polaris reported $0.40 earnings per share for the last quarter, exceeding analysts' estimates of $0.05, despite a 5.5% decline in revenue compared to the previous year.
• The company declared a quarterly dividend of $0.67 per share, resulting in an annualized dividend yield of 4.7%, with a payout ratio of -142.55%.

LPL Financial LLC decreased its holdings in Polaris Inc. (NYSE:PII - Free Report) by 26.0% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 51,392 shares of the company's stock after selling 18,052 shares during the quarter. LPL Financial LLC owned approximately 0.09% of Polaris worth $2,104,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. UMB Bank n.a. increased its holdings in 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 bought a new stake in shares of Polaris in the first quarter worth $35,000. Fifth Third Bancorp increased its stake in shares of Polaris by 46.9% in the first quarter. Fifth Third Bancorp now owns 996 shares of the company's stock worth $41,000 after buying an additional 318 shares during the last quarter. Allworth Financial LP raised its holdings 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. Finally, MassMutual Private Wealth & Trust FSB boosted its stake in Polaris by 191.1% during the 1st 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 during the last quarter. Hedge funds and other institutional investors own 88.06% of the company's stock.

Polaris Stock Performance

PII stock traded up $3.9540 during midday trading on Friday, reaching $57.2440. The company had a trading volume of 1,875,806 shares, compared to its average volume of 1,828,661. 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 stock has a 50 day moving average price of $48.82 and a 200 day moving average price of $42.97. Polaris Inc. has a fifty-two week low of $30.92 and a fifty-two week high of $87.83. The firm has a market capitalization of $3.22 billion, a PE ratio of -30.45 and a beta of 1.04.

Polaris (NYSE:PII - Get Free Report) last announced its quarterly earnings results on Tuesday, July 29th. The company reported $0.40 earnings per share (EPS) for the quarter, topping 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 the consensus estimate of $1.73 billion. During the same quarter last year, the business posted $1.38 EPS. The business's revenue was down 5.5% on a year-over-year basis. Polaris has set its Q3 2025 guidance at EPS. Analysts anticipate that Polaris Inc. will post 1.11 earnings per share for the current year.

Polaris Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Tuesday, September 2nd will be issued a dividend of $0.67 per share. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a $2.68 annualized dividend and a dividend yield of 4.7%. Polaris's payout ratio is -142.55%.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on PII. Citigroup reissued a "sell" rating and issued a $27.00 target price (up previously from $23.00) on shares of Polaris in a research report on Monday, June 16th. Wall Street Zen raised Polaris from a "strong sell" rating to a "hold" rating in a report on Saturday, August 2nd. BMO Capital Markets restated a "market perform" rating and set a $52.00 price objective (up previously from $33.00) on shares of Polaris in a research note on Wednesday, July 30th. Morgan Stanley reduced 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. Finally, Robert W. Baird boosted their price target on Polaris from $46.00 to $55.00 and gave the company a "neutral" rating in a report on Wednesday, July 30th. One investment analyst has rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $48.33.

Polaris Company 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.