Polaris (NYSE:PII) Announces Earnings Results, Beats Estimates By $0.55 EPS

Key Points

• Polaris reported EPS of $0.13, beating the consensus by $0.55 with revenue up 8% year‑over‑year, and updated FY2026 guidance to $1.60–$1.70 EPS.
• The company raised its quarterly dividend to $0.68 (annualized $2.72), implying a 4.5% yield, and the stock climbed about 1.8% to $61.11 on heavier-than-normal volume.
• Insiders, including the CEO, have recently sold material stakes (total insider sales ~50,419 shares), while institutional ownership is ~88% and analysts show a consensus Hold with an average target of $63.11.

Polaris (NYSE:PII - Get Free Report) released its earnings results on Monday. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of ($0.42) by $0.55, Briefing.com reports. Polaris had a negative return on equity of 0.05% and a negative net margin of 6.51%.During the same quarter in the prior year, the firm earned ($0.90) EPS. The firm's revenue for the quarter was up 8.0% compared to the same quarter last year. Polaris updated its FY 2026 guidance to 1.600-1.700 EPS.

Polaris Stock Up 1.8%

Shares of PII traded up $1.07 during mid-day trading on Monday, hitting $61.11. The company's stock had a trading volume of 2,497,030 shares, compared to its average volume of 1,211,059. The company has a current ratio of 0.98, a quick ratio of 0.35 and a debt-to-equity ratio of 1.81. The company's 50-day moving average is $56.90 and its 200-day moving average is $63.33. Polaris has a 52-week low of $31.56 and a 52-week high of $75.25. The firm has a market capitalization of $3.46 billion, a price-to-earnings ratio of -7.47 and a beta of 1.17.

Polaris Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 2nd were given a $0.68 dividend. This represents a $2.72 annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend was Monday, March 2nd. This is a boost from Polaris's previous quarterly dividend of $0.67. Polaris's dividend payout ratio is currently -33.25%.

Insider Buying and Selling

In other news, insider Benjamin D. Duke sold 10,090 shares of Polaris stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $66.82, for a total value of $674,213.80. Following the transaction, the insider directly owned 30,242 shares in the company, valued at approximately $2,020,770.44. This trade represents a 25.02% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Michael T. Speetzen sold 35,086 shares of the business's stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $66.83, for a total value of $2,344,797.38. Following the completion of the transaction, the chief executive officer directly owned 136,362 shares of the company's stock, valued at approximately $9,113,072.46. The trade was a 20.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 50,419 shares of company stock valued at $3,371,183 over the last 90 days. Corporate insiders own 2.40% of the company's stock.

Institutional Investors Weigh In On Polaris

A number of institutional investors have recently added to or reduced their stakes in the stock. State Street Corp lifted its position in shares of Polaris by 15.7% during the second quarter. State Street Corp now owns 3,137,866 shares of the company's stock valued at $127,554,000 after buying an additional 426,482 shares during the last quarter. AQR Capital Management LLC grew its position in shares of Polaris by 30.1% in the 3rd quarter. AQR Capital Management LLC now owns 2,281,101 shares of the company's stock worth $132,600,000 after buying an additional 528,300 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Polaris by 7.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,439,151 shares of the company's stock worth $91,030,000 after acquiring an additional 94,920 shares in the last quarter. Fuller & Thaler Asset Management Inc. bought a new position in shares of Polaris during the 4th quarter worth approximately $81,447,000. Finally, Invesco Ltd. lifted its position in Polaris by 79.2% during the fourth quarter. Invesco Ltd. now owns 1,065,910 shares of the company's stock valued at $67,419,000 after acquiring an additional 471,106 shares during the last quarter. Institutional investors own 88.06% of the company's stock.

Analyst Ratings Changes

Several research firms have recently commented on PII. Seaport Research Partners raised Polaris to a "strong-buy" rating in a research note on Thursday, January 8th. Wells Fargo & Company began coverage on shares of Polaris in a report on Wednesday, March 11th. They issued an "equal weight" rating and a $52.00 target price for the company. Roth Mkm restated a "neutral" rating on shares of Polaris in a research report on Wednesday, January 28th. Weiss Ratings cut Polaris from a "hold (c-)" rating to a "sell (d+)" rating in a report on Tuesday, February 17th. Finally, Royal Bank Of Canada lowered their target price on Polaris to $67.00 and set a "sector perform" rating for the company in a research report on Tuesday, January 27th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Polaris has a consensus rating of "Hold" and an average target price of $63.11.

About Polaris

Polaris Inc, founded in 1954 and headquartered in Medina, Minnesota, is a diversified manufacturer of powersports vehicles and related products. Initially gaining prominence with its snowmobiles, Polaris expanded its portfolio over the decades to include all-terrain vehicles (ATVs), side-by-side off-road vehicles, and motorcycles. The company's legacy in recreational and utility vehicle innovation stems from early engineering breakthroughs that established Polaris as a leading name in off-road mobility.

Today, Polaris offers a broad range of products under well-known brands such as Polaris RANGER and POLARIS SPORTSMAN for utility and recreation markets, Slingshot three-wheel roadsters for on-road enthusiasts, and the Indian Motorcycle brand for premium two-wheeled touring and cruiser segments.

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