9,190 Shares in Polaris Inc. $PII Acquired by Probity Advisors Inc.

Probity Advisors Inc. bought a new position in shares of Polaris Inc. (NYSE:PII) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 9,190 shares of the company’s stock, valued at approximately $374,000.

Several other large investors have also recently added to or reduced their stakes in PII. Allworth Financial LP grew its holdings in Polaris by 7,462.5% during the 1st quarter. Allworth Financial LP now owns 1,210 shares of the company’s stock worth $50,000 after acquiring an additional 1,194 shares in the last quarter. Fifth Third Bancorp grew its holdings in Polaris by 39.9% during the 2nd quarter. Fifth Third Bancorp now owns 1,393 shares of the company’s stock worth $57,000 after acquiring an additional 397 shares in the last quarter. UMB Bank n.a. grew its holdings in Polaris by 79.0% during the 2nd quarter. UMB Bank n.a. now owns 1,441 shares of the company’s stock worth $59,000 after acquiring an additional 636 shares in the last quarter. Opal Wealth Advisors LLC grew its holdings in Polaris by 91.4% during the 2nd quarter. Opal Wealth Advisors LLC now owns 1,638 shares of the company’s stock worth $67,000 after acquiring an additional 782 shares in the last quarter. Finally, Quarry LP acquired a new position in Polaris during the 1st quarter worth approximately $87,000. 88.06% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have commented on PII shares. BMO Capital Markets reiterated a “market perform” rating and set a $52.00 price target (up previously from $33.00) on shares of Polaris in a report on Wednesday, July 30th. Citigroup upgraded shares of Polaris from a “sell” rating to a “neutral” rating and boosted their price target for the stock from $35.00 to $60.00 in a report on Wednesday, October 1st. Zacks Research upgraded shares of Polaris from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 15th. Wall Street Zen upgraded shares of Polaris from a “strong sell” rating to a “hold” rating in a report on Saturday, August 2nd. Finally, Roth Capital upped their target price on shares of Polaris from $41.00 to $54.00 and gave the company a “neutral” rating in a report on Tuesday, October 14th. One 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 assigned a Sell rating to the company. According to MarketBeat.com, Polaris presently has a consensus rating of “Hold” and a consensus target price of $53.42.

Polaris Stock Down 0.8%

Shares of NYSE PII opened at $66.91 on Wednesday. The stock has a market cap of $3.76 billion, a PE ratio of -35.59 and a beta of 1.08. The company has a quick ratio of 0.37, a current ratio of 1.04 and a debt-to-equity ratio of 1.17. Polaris Inc. has a 52-week low of $30.92 and a 52-week high of $80.00. The business has a 50-day moving average price of $59.47 and a 200 day moving average price of $47.76.

Polaris (NYSE:PII) last issued its quarterly earnings results on Tuesday, July 29th. The company reported $0.40 earnings per share for the quarter, topping analysts’ consensus estimates of $0.05 by $0.35. The firm had revenue of $1.85 billion during the quarter, compared to analysts’ expectations of $1.73 billion. Polaris had a negative net margin of 1.57% and a positive return on equity of 5.16%. Polaris’s quarterly revenue was down 5.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.38 EPS. Polaris has set its Q3 2025 guidance at EPS. Equities research analysts forecast that Polaris Inc. will post 1.11 earnings per share for the current year.

Polaris Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Tuesday, September 2nd were paid a dividend of $0.67 per share. The ex-dividend date was Tuesday, September 2nd. This represents a $2.68 dividend on an annualized basis and a yield of 4.0%. Polaris’s dividend 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.