Polaris (NYSE:PII) Trading Up 13.1% - Here's Why

Key Points

• Shares jumped 13.1% intraday on Thursday, trading as high as $49 on the session with about 328,215 shares changing hands — roughly 70% below the stock's average daily volume.
• Analyst sentiment is mixed: Seaport upgraded to a "strong-buy" while several firms cut targets or downgraded, leaving a consensus rating of "Reduce" and a consensus price target of $63.11.
• Polaris beat quarterly estimates (EPS $0.08 vs. $0.06 and revenue $1.92B vs. $1.82B), raised the quarterly dividend to $0.68 (a 5.0% yield) and set FY2026 guidance of $1.50–$1.60, but still reports negative net margin and negative return on equity and has seen recent insider selling.

Polaris Inc. (NYSE:PII - Get Free Report) shares were up 13.1% during trading on Thursday . The stock traded as high as $49.00 and last traded at $54.1760. Approximately 328,215 shares changed hands during mid-day trading, a decline of 70% from the average daily volume of 1,097,259 shares. The stock had previously closed at $47.88.

Analysts Set New Price Targets

Several research analysts recently commented on PII shares. Seaport Research Partners raised shares of Polaris to a "strong-buy" rating in a report on Thursday, January 8th. Royal Bank Of Canada cut their price objective on shares of Polaris to $67.00 and set a "sector perform" rating for the company in a report on Tuesday, January 27th. Weiss Ratings downgraded shares of Polaris from a "hold (c-)" rating to a "sell (d+)" rating in a report on Tuesday, February 17th. Morgan Stanley cut their price objective on shares of Polaris from $81.00 to $74.00 and set an "equal weight" rating for the company in a report on Tuesday, February 17th. Finally, Roth Mkm reaffirmed a "neutral" rating on shares of Polaris in a report on Wednesday, January 28th. Ten equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, Polaris has a consensus rating of "Reduce" and a consensus price target of $63.11.

Polaris Stock Performance

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 stock has a market capitalization of $3.11 billion, a P/E ratio of -6.72 and a beta of 1.17. The company's fifty day simple moving average is $58.13 and its 200 day simple moving average is $63.50.

Polaris (NYSE:PII - Get Free Report) last posted its quarterly earnings data on Tuesday, January 27th. The company reported $0.08 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.06 by $0.02. The company had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.82 billion. Polaris had a negative net margin of 6.51% and a negative return on equity of 0.05%. The firm's revenue was up 9.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.92 EPS. Polaris has set its FY 2026 guidance at 1.500-1.600 EPS and its Q1 2026 guidance at 0.450-0.450 EPS. As a group, sell-side analysts forecast that Polaris Inc. will post 1.11 earnings per share for the current fiscal year.

Polaris Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 2nd were given a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a yield of 5.0%. The ex-dividend date was Monday, March 2nd. This is a boost from Polaris's previous quarterly dividend of $0.67. Polaris's dividend payout ratio is -33.25%.

Insider Buying and Selling

In related news, CEO Michael T. Speetzen sold 35,086 shares of Polaris stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $66.83, for a total value of $2,344,797.38. Following the transaction, the chief executive officer owned 136,362 shares in the company, valued at $9,113,072.46. This trade represents a 20.46% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP James P. Williams sold 5,243 shares of Polaris stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $67.17, for a total transaction of $352,172.31. Following the completion of the transaction, the senior vice president owned 48,645 shares in the company, valued at approximately $3,267,484.65. The trade was a 9.73% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 50,419 shares of company stock worth $3,371,183 in the last 90 days. 2.40% of the stock is owned by company insiders.

Hedge Funds Weigh In On Polaris

A number of hedge funds have recently modified their holdings of the company. Goldman Sachs Group Inc. increased its position in shares of Polaris by 677.2% during the first quarter. Goldman Sachs Group Inc. now owns 544,295 shares of the company's stock valued at $22,283,000 after buying an additional 474,259 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Polaris by 27.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 183,289 shares of the company's stock worth $7,504,000 after acquiring an additional 39,584 shares in the last quarter. Cetera Investment Advisers boosted its stake in Polaris by 65.4% during the second quarter. Cetera Investment Advisers now owns 16,376 shares of the company's stock worth $666,000 after acquiring an additional 6,475 shares in the last quarter. Prudential Financial Inc. boosted its stake in Polaris by 17.8% during the second quarter. Prudential Financial Inc. now owns 8,347 shares of the company's stock worth $339,000 after acquiring an additional 1,259 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in Polaris by 43.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,449 shares of the company's stock worth $140,000 after acquiring an additional 1,037 shares in the last quarter. Hedge funds and other institutional investors own 88.06% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.