Cwm LLC grew its position in Polaris Inc. (NYSE:PII – Free Report) by 212.0% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 41,046 shares of the company’s stock after buying an additional 27,892 shares during the period. Cwm LLC owned 0.07% of Polaris worth $1,669,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Fifth Third Bancorp increased its stake in shares of Polaris by 46.9% in the 1st quarter. Fifth Third Bancorp now owns 996 shares of the company’s stock valued at $41,000 after buying an additional 318 shares during the period. Linden Thomas Advisory Services LLC increased its stake in shares of Polaris by 5.0% in the 1st quarter. Linden Thomas Advisory Services LLC now owns 7,984 shares of the company’s stock valued at $327,000 after buying an additional 379 shares during the period. Cambridge Investment Research Advisors Inc. increased its stake in shares of Polaris by 2.9% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 14,234 shares of the company’s stock valued at $583,000 after buying an additional 396 shares during the period. Principal Financial Group Inc. increased its stake in shares of Polaris by 0.4% in the 1st quarter. Principal Financial Group Inc. now owns 120,572 shares of the company’s stock valued at $4,936,000 after buying an additional 423 shares during the period. Finally, IFP Advisors Inc grew its stake in shares of Polaris by 22.5% during the second quarter. IFP Advisors Inc now owns 2,339 shares of the company’s stock worth $96,000 after purchasing an additional 430 shares during the period. 88.06% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of equities research analysts recently commented on the company. Royal Bank Of Canada lifted their price objective on Polaris from $34.00 to $56.00 and gave the stock a “sector perform” rating in a research note on Wednesday, July 30th. BMO Capital Markets reaffirmed a “market perform” rating and set a $52.00 price objective (up from $33.00) on shares of Polaris in a research note on Wednesday, July 30th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Polaris in a research note on Wednesday, October 8th. UBS Group lifted their price objective on Polaris from $45.00 to $58.00 and gave the stock a “neutral” rating in a research note on Monday, September 8th. Finally, Robert W. Baird lifted their price objective on Polaris from $55.00 to $60.00 and gave the stock a “neutral” rating in a research note on Monday, October 6th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $53.42.
Polaris Stock Performance
PII stock opened at $66.52 on Monday. The business’s 50-day moving average price is $58.94 and its two-hundred day moving average price is $47.41. The company has a current ratio of 1.04, a quick ratio of 0.37 and a debt-to-equity ratio of 1.17. The firm has a market cap of $3.74 billion, a PE ratio of -35.38 and a beta of 1.08. Polaris Inc. has a 1-year low of $30.92 and a 1-year high of $83.31.
Polaris (NYSE:PII – Get Free Report) last posted its earnings results 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. The firm had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.73 billion. Polaris had a positive return on equity of 5.16% and a negative net margin of 1.57%.The company’s revenue for the quarter was down 5.5% on a year-over-year basis. During the same period in the previous year, the company posted $1.38 earnings per share. Polaris has set its Q3 2025 guidance at EPS. As a group, research analysts forecast that Polaris Inc. 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. Shareholders of record on Tuesday, September 2nd were issued a dividend of $0.67 per share. The ex-dividend date was Tuesday, September 2nd. This represents a $2.68 annualized dividend and a yield of 4.0%. Polaris’s payout ratio is currently -142.55%.
About Polaris
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.
Read More
- Five stocks we like better than Polaris
- 3 Warren Buffett Stocks to Buy Now
- JPMorgan Crushes Q3; But Is the Steady Eddy Stock Hitting A Wall?
- Stock Average Calculator
- Snap-on Incorporated: Snap It Up Quick, New Highs Will Come Soon
- What is the FTSE 100 index?
- As Global Renewables Surpass Coal, This ETF Offers Smart Exposure
Want to see what other hedge funds are holding PII? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Polaris Inc. (NYSE:PII – Free Report).
Receive News & Ratings for Polaris Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Polaris and related companies with MarketBeat.com's FREE daily email newsletter.