WBI Investments LLC Takes $660,000 Position 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 acquired a new stake in shares of Polaris Inc. (NYSE:PII - Free Report) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor acquired 16,113 shares of the company's stock, valued at approximately $660,000.

Several other institutional investors have also recently modified their holdings of the company. Fifth Third Bancorp increased its position in shares of Polaris by 46.9% during the 1st quarter. Fifth Third Bancorp now owns 996 shares of the company's stock valued at $41,000 after purchasing an additional 318 shares during the last quarter. Linden Thomas Advisory Services LLC increased its position in shares of Polaris by 5.0% during the 1st quarter. Linden Thomas Advisory Services LLC now owns 7,984 shares of the company's stock valued at $327,000 after purchasing an additional 379 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its position in shares of Polaris by 2.9% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 14,234 shares of the company's stock valued at $583,000 after purchasing an additional 396 shares during the last quarter. Principal Financial Group Inc. increased its position in shares of Polaris by 0.4% during the 1st quarter. Principal Financial Group Inc. now owns 120,572 shares of the company's stock valued at $4,936,000 after purchasing an additional 423 shares during the last quarter. Finally, UMB Bank n.a. increased its position in shares of Polaris by 114.1% during the 1st quarter. UMB Bank n.a. now owns 805 shares of the company's stock valued at $33,000 after purchasing an additional 429 shares during the last quarter. 88.06% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

PII has been the topic of several recent research reports. Roth Capital increased their price objective on Polaris from $32.00 to $41.00 and gave the company a "neutral" rating in a research report on Wednesday, July 23rd. Royal Bank Of Canada raised their price target on Polaris from $34.00 to $56.00 and gave the stock a "sector perform" rating in a research report on Wednesday, July 30th. Citigroup restated a "sell" rating and set a $27.00 price target (up from $23.00) on shares of Polaris in a research report on Monday, June 16th. UBS Group raised their price target on Polaris from $45.00 to $58.00 and gave the stock a "neutral" rating in a research report on Monday. Finally, Zacks Research lowered Polaris from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, August 27th. One investment analyst has rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $49.17.

Polaris Price Performance

PII opened at $58.53 on Thursday. Polaris Inc. has a 1 year low of $30.92 and a 1 year high of $86.51. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.04 and a quick ratio of 0.37. The stock's 50 day simple moving average is $53.11 and its 200 day simple moving average is $44.11. The firm has a market cap of $3.29 billion, a price-to-earnings ratio of -31.13 and a beta of 1.08.

Polaris (NYSE:PII - Get Free Report) last released its quarterly earnings data on Tuesday, July 29th. The company reported $0.40 earnings per share 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 during the quarter, compared to analysts' expectations 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. As a group, analysts predict that Polaris Inc. will post 1.11 earnings per share for the current year.

Polaris Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Tuesday, September 2nd will be paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date is Tuesday, September 2nd. Polaris's dividend payout ratio (DPR) is presently -142.55%.

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.

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