Teza Capital Management LLC Decreases Position in Polaris Inc. $PII

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 reduced its position in Polaris Inc. (NYSE:PII - Free Report) by 48.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,737 shares of the company's stock after selling 7,201 shares during the period. Teza Capital Management LLC's holdings in Polaris were worth $317,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. Fifth Third Bancorp increased its stake in Polaris by 46.9% during the first quarter. Fifth Third Bancorp now owns 996 shares of the company's stock worth $41,000 after acquiring an additional 318 shares during the last quarter. Linden Thomas Advisory Services LLC increased its stake in Polaris by 5.0% during the first quarter. Linden Thomas Advisory Services LLC now owns 7,984 shares of the company's stock worth $327,000 after acquiring an additional 379 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its stake in Polaris by 2.9% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 14,234 shares of the company's stock worth $583,000 after acquiring an additional 396 shares during the last quarter. Principal Financial Group Inc. increased its stake in Polaris by 0.4% during the first quarter. Principal Financial Group Inc. now owns 120,572 shares of the company's stock worth $4,936,000 after acquiring an additional 423 shares during the last quarter. Finally, UMB Bank n.a. increased its stake in Polaris by 114.1% during the first quarter. UMB Bank n.a. now owns 805 shares of the company's stock worth $33,000 after acquiring an additional 429 shares during the last quarter. 88.06% of the stock is owned by institutional investors.

Polaris Stock Down 4.1%

Polaris stock traded down $2.48 during mid-day trading on Friday, reaching $57.47. 1,557,918 shares of the company were exchanged, compared to its average volume of 1,204,004. The business has a fifty day moving average of $53.60 and a 200 day moving average of $44.28. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.37 and a current ratio of 1.04. The firm has a market cap of $3.23 billion, a P/E ratio of -30.57 and a beta of 1.08. Polaris Inc. has a 12-month low of $30.92 and a 12-month high of $86.51.

Polaris (NYSE:PII - Get Free Report) last posted its earnings results on Tuesday, July 29th. The company reported $0.40 earnings per share for the quarter, topping analysts' consensus estimates of $0.05 by $0.35. The company 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%.Polaris's revenue was down 5.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.38 earnings per share. Polaris has set its Q3 2025 guidance at EPS. 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 announced a quarterly dividend, which will be paid on Monday, September 15th. Shareholders of record on Tuesday, September 2nd will be issued a dividend of $0.67 per share. The ex-dividend date is Tuesday, September 2nd. This represents a $2.68 dividend on an annualized basis and a yield of 4.7%. Polaris's dividend payout ratio is currently -142.55%.

Analyst Upgrades and Downgrades

PII has been the topic of a number of analyst reports. Royal Bank Of Canada upped their target price on Polaris from $34.00 to $56.00 and gave the company a "sector perform" rating in a research note on Wednesday, July 30th. Citigroup reaffirmed a "sell" rating and set a $27.00 target price (up previously from $23.00) on shares of Polaris in a research note on Monday, June 16th. UBS Group upped their target price on Polaris from $45.00 to $58.00 and gave the company a "neutral" rating in a research note on Monday, September 8th. Robert W. Baird upped their target price on Polaris from $46.00 to $55.00 and gave the company a "neutral" rating in a research note on Wednesday, July 30th. Finally, Roth Capital upped their target price on Polaris from $32.00 to $41.00 and gave the company a "neutral" rating in a research note on Wednesday, July 23rd. One investment analyst has rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $49.17.

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.