Polaris Inc. $PII Shares Sold by Teza Capital Management LLC

Key Points

• Teza Capital Management LLC has reduced its stake in Polaris Inc. by 48.2% in the first quarter, now holding 7,737 shares valued at $317,000.
• Several other large investors have increased their holdings in Polaris, including RWWM Inc. which lifted its position by 169.2% to own over 2.39 million shares.
• Polaris recently reported $0.40 EPS for the quarter, surpassing analysts' expectations, while its revenue declined 5.5% year-over-year, highlighting mixed performance amidst changing market conditions.

Teza Capital Management LLC lowered its holdings in shares of Polaris Inc. (NYSE:PII - Free Report) by 48.2% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,737 shares of the company's stock after selling 7,201 shares during the quarter. Teza Capital Management LLC's holdings in Polaris were worth $317,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. RWWM Inc. boosted its holdings in Polaris by 169.2% during the 1st quarter. RWWM Inc. now owns 2,395,049 shares of the company's stock valued at $98,053,000 after acquiring an additional 1,505,351 shares during the period. Select Equity Group L.P. boosted its holdings in Polaris by 142.1% during the 1st quarter. Select Equity Group L.P. now owns 1,620,565 shares of the company's stock valued at $66,346,000 after acquiring an additional 951,195 shares during the period. American Century Companies Inc. boosted its holdings in Polaris by 7.2% during the 1st quarter. American Century Companies Inc. now owns 1,067,476 shares of the company's stock valued at $43,702,000 after acquiring an additional 71,604 shares during the period. Invesco Ltd. boosted its holdings in Polaris by 352.5% during the 1st quarter. Invesco Ltd. now owns 902,751 shares of the company's stock valued at $36,959,000 after acquiring an additional 703,240 shares during the period. Finally, Millennium Management LLC boosted its holdings in Polaris by 341.5% during the 1st quarter. Millennium Management LLC now owns 604,674 shares of the company's stock valued at $24,755,000 after acquiring an additional 467,704 shares during the period. Hedge funds and other institutional investors own 88.06% of the company's stock.

Analyst Ratings Changes

PII has been the subject of a number of recent analyst reports. Wall Street Zen upgraded Polaris from a "strong sell" rating to a "hold" rating in a report on Saturday, August 2nd. Citigroup reiterated a "sell" rating and issued a $27.00 target price (up from $23.00) on shares of Polaris in a report on Monday, June 16th. BMO Capital Markets reiterated 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. UBS Group upped their target price on Polaris from $45.00 to $58.00 and gave the stock 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 analyst has rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $49.17.

Polaris Stock Down 4.1%

Shares of PII traded down $2.48 during trading hours on Friday, hitting $57.47. The company had a trading volume of 1,557,918 shares, compared to its average volume of 1,227,555. The company has a market capitalization of $3.23 billion, a PE ratio of -30.57 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 Inc. has a one year low of $30.92 and a one year high of $86.51. The company's fifty day moving average price is $53.60 and its two-hundred day moving average price is $44.26.

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, topping the consensus estimate of $0.05 by $0.35. The firm had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.73 billion. Polaris had a positive return on equity of 5.16% and a negative net margin of 1.57%.The business's revenue for the quarter was down 5.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.38 EPS. Polaris has set its Q3 2025 guidance at EPS. As a group, equities analysts forecast that Polaris Inc. will post 1.11 earnings per share for the current fiscal year.

Polaris Dividend Announcement

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