Goldman Sachs Group Inc. Acquires 1,204,405 Shares of Polaris Inc. $PII

Goldman Sachs Group Inc. boosted its holdings in shares of Polaris Inc. (NYSE:PII) by 166.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,929,773 shares of the company’s stock after acquiring an additional 1,204,405 shares during the quarter. Goldman Sachs Group Inc. owned 3.43% of Polaris worth $122,058,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. State Street Corp grew its holdings in Polaris by 15.7% during the 2nd quarter. State Street Corp now owns 3,137,866 shares of the company’s stock worth $127,554,000 after acquiring an additional 426,482 shares during the last quarter. AQR Capital Management LLC grew its holdings in Polaris by 30.1% during the 3rd quarter. AQR Capital Management LLC now owns 2,281,101 shares of the company’s stock worth $132,600,000 after acquiring an additional 528,300 shares during the last quarter. American Century Companies Inc. grew its holdings in Polaris by 24.2% during the 3rd quarter. American Century Companies Inc. now owns 1,450,670 shares of the company’s stock worth $84,328,000 after acquiring an additional 282,570 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in Polaris by 0.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,344,231 shares of the company’s stock worth $78,145,000 after acquiring an additional 7,054 shares during the last quarter. Finally, Invesco Ltd. grew its holdings in Polaris by 6.3% during the 2nd quarter. Invesco Ltd. now owns 959,255 shares of the company’s stock worth $38,994,000 after acquiring an additional 56,504 shares during the last quarter. 88.06% of the stock is owned by institutional investors.

Polaris Trading Up 2.5%

NYSE:PII opened at $67.69 on Tuesday. The firm’s fifty day moving average is $62.05 and its 200-day moving average is $63.51. The company has a debt-to-equity ratio of 2.72, a quick ratio of 0.48 and a current ratio of 1.21. Polaris Inc. has a 52 week low of $38.42 and a 52 week high of $75.25. The firm has a market cap of $3.85 billion, a P/E ratio of -8.63 and a beta of 1.26.

Polaris (NYSE:PII) last posted its quarterly earnings data on Monday, April 27th. The company reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of ($0.43) by $0.56. Polaris had a negative net margin of 6.13% and a positive return on equity of 5.91%. The company had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.63 billion. During the same period in the prior year, the firm posted ($0.90) EPS. The company’s quarterly revenue was up 8.0% on a year-over-year basis. Polaris has set its FY 2026 guidance at 1.600-1.700 EPS. Equities analysts expect that Polaris Inc. will post 1.76 earnings per share for the current year.

Polaris Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be given a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date is Monday, June 1st. Polaris’s payout ratio is presently -34.69%.

Wall Street Analysts Forecast Growth

PII has been the topic of a number of research reports. Zacks Research lowered shares of Polaris from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 20th. Robert W. Baird upped their price objective on shares of Polaris from $67.00 to $70.00 and gave the company a “neutral” rating in a research note on Wednesday, April 29th. Weiss Ratings lowered shares of Polaris from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, February 17th. Roth Mkm reaffirmed a “neutral” rating on shares of Polaris in a research note on Wednesday, April 29th. Finally, Raymond James Financial reaffirmed an “outperform” rating on shares of Polaris in a research note on Wednesday, April 29th. One investment analyst has rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $64.44.

Polaris Profile

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.