Polaris Inc. (NYSE:PII) Receives $65.00 Consensus Target Price from Brokerages

Shares of Polaris Inc. (NYSE:PII) have received an average rating of “Hold” from the fourteen analysts that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, eleven have given a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $67.00.

Several equities analysts have recently weighed in on PII shares. Royal Bank Of Canada lifted their target price on shares of Polaris from $65.00 to $75.00 and gave the stock a “sector perform” rating in a research note on Wednesday, July 29th. KeyCorp reaffirmed a “sector weight” rating on shares of Polaris in a report on Wednesday. Citigroup lifted their price objective on shares of Polaris from $70.00 to $73.00 and gave the company a “neutral” rating in a research note on Thursday. Morgan Stanley dropped their target price on Polaris from $74.00 to $69.00 and set an “equal weight” rating on the stock in a research report on Tuesday, May 19th. Finally, Zacks Research raised Polaris from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 21st.

Institutional Investors Weigh In On Polaris

Institutional investors and hedge funds have recently bought and sold shares of the stock. Convergence Investment Partners LLC lifted its holdings in shares of Polaris by 1.1% during the 1st quarter. Convergence Investment Partners LLC now owns 15,798 shares of the company’s stock worth $861,000 after acquiring an additional 169 shares during the last quarter. Keybank National Association OH lifted its stake in shares of Polaris by 1.9% in the 4th quarter. Keybank National Association OH now owns 9,872 shares of the company’s stock valued at $624,000 after acquiring an additional 184 shares during the last quarter. Rockefeller Capital Management L.P. lifted its position in Polaris by 1.8% in the fourth quarter. Rockefeller Capital Management L.P. now owns 10,726 shares of the company’s stock valued at $678,000 after purchasing an additional 194 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its stake in shares of Polaris by 2.5% during the second quarter. Oregon Public Employees Retirement Fund now owns 11,211 shares of the company’s stock valued at $767,000 after purchasing an additional 273 shares during the period. Finally, Danske Bank A S grew its holdings in shares of Polaris by 150.0% in the fourth quarter. Danske Bank A S now owns 500 shares of the company’s stock worth $32,000 after purchasing an additional 300 shares during the last quarter. 88.06% of the stock is owned by hedge funds and other institutional investors.

Polaris Stock Performance

NYSE:PII opened at $66.96 on Monday. The company has a fifty day moving average of $69.20 and a 200-day moving average of $64.18. Polaris has a twelve month low of $47.14 and a twelve month high of $77.98. The firm has a market capitalization of $3.81 billion, a P/E ratio of -14.46 and a beta of 1.26. The company has a quick ratio of 0.47, a current ratio of 1.20 and a debt-to-equity ratio of 2.28.

Polaris (NYSE:PII) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $1.97 EPS for the quarter, topping the consensus estimate of $0.76 by $1.21. The firm had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $1.95 billion. Polaris had a positive return on equity of 16.77% and a negative net margin of 3.50%.The company’s quarterly revenue was up 9.2% compared to the same quarter last year. During the same period in the prior year, the business posted ($1.39) earnings per share. Polaris has set its FY 2026 guidance at 3.000-3.100 EPS. As a group, sell-side analysts anticipate that Polaris will post 2.92 EPS for the current year.

Polaris Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 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 4.1%. The ex-dividend date is Tuesday, September 1st. Polaris’s payout ratio is -58.75%.

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.