WBI Investments LLC Buys New Stake in Polaris Inc. $PII

Key Points

• WBI Investments LLC has acquired a new stake in Polaris Inc., purchasing 16,113 shares valued at approximately $660,000.
• Several institutional investors have increased their holdings in Polaris, with 88.06% of the stock currently owned by institutional investors.
• Polaris announced a quarterly dividend of $0.67 per share, representing an annualized dividend of $2.68 and a yield of 4.6%.

WBI Investments LLC purchased a new stake in Polaris Inc. (NYSE:PII - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 16,113 shares of the company's stock, valued at approximately $660,000.

Several other large investors also recently modified their holdings of the stock. Bayforest Capital Ltd grew its stake in shares of Polaris by 43.1% in the 1st quarter. Bayforest Capital Ltd now owns 7,809 shares of the company's stock valued at $320,000 after purchasing an additional 2,353 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Polaris by 27.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 183,289 shares of the company's stock valued at $7,504,000 after purchasing an additional 39,584 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of Polaris by 677.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 544,295 shares of the company's stock valued at $22,283,000 after purchasing an additional 474,259 shares during the period. Kestra Investment Management LLC acquired a new stake in Polaris during the 1st quarter worth $925,000. Finally, Select Equity Group L.P. raised its stake 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 worth $66,346,000 after buying an additional 951,195 shares during the period. 88.06% of the stock is currently owned by institutional investors.

Polaris Price Performance

NYSE PII traded down $0.48 on Tuesday, hitting $58.41. The stock had a trading volume of 289,983 shares, compared to its average volume of 1,666,854. Polaris Inc. has a 52-week low of $30.92 and a 52-week high of $86.51. 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 company has a market capitalization of $3.28 billion, a price-to-earnings ratio of -31.08 and a beta of 1.08. The firm has a 50-day moving average of $53.86 and a 200-day moving average of $44.36.

Polaris (NYSE:PII - Get Free Report) last posted its quarterly earnings data on Tuesday, July 29th. The company reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.05 by $0.35. Polaris had a negative net margin of 1.57% and a positive return on equity of 5.16%. The firm had revenue of $1.85 billion for the quarter, compared to analysts' expectations of $1.73 billion. During the same quarter last year, the company posted $1.38 EPS. The business's quarterly revenue was down 5.5% on a year-over-year basis. Polaris has set its Q3 2025 guidance at EPS. Equities analysts expect that Polaris Inc. will post 1.11 EPS for the current year.

Polaris Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Tuesday, September 2nd were paid a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 4.6%. The ex-dividend date was Tuesday, September 2nd. Polaris's dividend payout ratio is currently -142.55%.

Analyst Ratings Changes

A number of research firms have issued reports on PII. Zacks Research cut Polaris from a "strong-buy" rating to a "hold" rating in a report on Wednesday, August 27th. Roth Capital raised their price objective on shares of Polaris from $32.00 to $41.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 23rd. UBS Group lifted their price target on shares of Polaris from $45.00 to $58.00 and gave the company a "neutral" rating in a research report on Monday, September 8th. Wall Street Zen upgraded shares of Polaris from a "strong sell" rating to a "hold" rating in a research report on Saturday, August 2nd. Finally, 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. One equities research 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 data from MarketBeat, the stock presently has an average 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.