Polaris Inc. (NYSE:PII) Receives Average Rating of "Hold" from Brokerages

Key Points

• Polaris Inc. has received a consensus recommendation of "Hold" from 15 brokerages, with only one analyst assigning a buy rating and one a strong buy rating.
• The average 12-month target price for Polaris among analysts is $51.00, while its stock opened at $71.15 recently.
• Polaris announced a quarterly dividend of $0.67 per share, representing an annualized yield of 3.8%, despite a negative dividend payout ratio.

Polaris Inc. (NYSE:PII - Get Free Report) has earned a consensus recommendation of "Hold" from the fifteen brokerages that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, twelve have given a hold rating, one has given a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $51.00.

Several equities research analysts have weighed in on PII shares. Zacks Research upgraded Polaris from a "hold" rating to a "strong-buy" rating in a report on Wednesday, October 15th. Robert W. Baird upped their target price on Polaris from $55.00 to $60.00 and gave the stock a "neutral" rating in a report on Monday, October 6th. Citigroup upgraded Polaris from a "sell" rating to a "neutral" rating and upped their target price for the stock from $35.00 to $60.00 in a report on Wednesday, October 1st. 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. Finally, UBS Group boosted their price target on Polaris from $45.00 to $58.00 and gave the stock a "neutral" rating in a research report on Monday, September 8th.

Polaris Stock Performance

NYSE PII opened at $71.15 on Friday. The company has a market cap of $4.00 billion, a P/E ratio of -37.84, a P/E/G ratio of 61.86 and a beta of 1.08. 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 business's 50 day moving average price is $60.07 and its 200-day moving average price is $48.38. Polaris has a fifty-two week low of $30.92 and a fifty-two week high of $74.75.

Polaris (NYSE:PII - Get Free Report) last released its earnings results 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 positive return on equity of 5.16% and a negative net margin of 1.57%.The firm had revenue of $1.85 billion for the quarter, compared to the consensus estimate of $1.73 billion. During the same quarter in the previous year, the company posted $1.38 EPS. The company's revenue for the quarter was down 5.5% compared to the same quarter last year. Polaris has set its Q3 2025 guidance at EPS. Sell-side analysts predict that Polaris will post 1.11 earnings per share for the current year.

Polaris Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Tuesday, September 2nd were given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend was Tuesday, September 2nd. Polaris's dividend payout ratio is currently -142.55%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. State Street Corp increased its holdings in shares of Polaris by 15.7% in the second quarter. State Street Corp now owns 3,137,866 shares of the company's stock valued at $127,554,000 after purchasing an additional 426,482 shares during the period. RWWM Inc. increased its holdings in shares of Polaris by 0.3% in the second quarter. RWWM Inc. now owns 2,401,477 shares of the company's stock valued at $97,620,000 after purchasing an additional 6,428 shares during the period. AQR Capital Management LLC increased its holdings in shares of Polaris by 564.8% in the second quarter. AQR Capital Management LLC now owns 1,752,801 shares of the company's stock valued at $70,673,000 after purchasing an additional 1,489,157 shares during the period. Select Equity Group L.P. increased its holdings in shares of Polaris by 142.1% in the first quarter. Select Equity Group L.P. now owns 1,620,565 shares of the company's stock valued at $66,346,000 after purchasing an additional 951,195 shares during the period. Finally, Geode Capital Management LLC increased its holdings in shares of Polaris by 44.5% in the second quarter. Geode Capital Management LLC now owns 1,311,659 shares of the company's stock valued at $53,326,000 after purchasing an additional 404,178 shares during the period. 88.06% of the stock is owned by institutional investors and hedge funds.

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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