Vanguard Personalized Indexing Management LLC Raises Stake in Polaris Inc. $PII

Vanguard Personalized Indexing Management LLC raised its position in shares of Polaris Inc. (NYSE:PII) by 75.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 23,738 shares of the company’s stock after purchasing an additional 10,183 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Polaris were worth $965,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in PII. Select Equity Group L.P. lifted its holdings in Polaris by 142.1% during the first quarter. Select Equity Group L.P. now owns 1,620,565 shares of the company’s stock valued at $66,346,000 after purchasing an additional 951,195 shares in the last quarter. Invesco Ltd. raised its position in shares of Polaris by 352.5% during the first quarter. Invesco Ltd. now owns 902,751 shares of the company’s stock valued at $36,959,000 after buying an additional 703,240 shares during the last quarter. Jacobs Levy Equity Management Inc. raised its position in shares of Polaris by 12,099.2% during the first quarter. Jacobs Levy Equity Management Inc. now owns 513,343 shares of the company’s stock valued at $21,016,000 after buying an additional 509,135 shares during the last quarter. Goldman Sachs Group Inc. raised 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 last quarter. Finally, Millennium Management LLC raised its position in shares of Polaris by 341.5% during the first quarter. Millennium Management LLC now owns 604,674 shares of the company’s stock valued at $24,755,000 after buying an additional 467,704 shares during the last quarter. Hedge funds and other institutional investors own 88.06% of the company’s stock.

Polaris Trading Up 0.5%

Shares of PII opened at $66.52 on Monday. The company’s fifty day moving average is $58.94 and its 200 day moving average is $47.41. Polaris Inc. has a fifty-two week low of $30.92 and a fifty-two week high of $83.31. The stock has a market capitalization of $3.74 billion, a PE ratio of -35.38 and a beta of 1.08. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.37 and a current ratio of 1.04.

Polaris (NYSE:PII) last announced its quarterly 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. Polaris had a negative net margin of 1.57% and a positive return on equity of 5.16%. The company had revenue of $1.85 billion for the quarter, compared to analysts’ expectations of $1.73 billion. During the same quarter in the previous year, the business posted $1.38 earnings per share. Polaris’s quarterly revenue was down 5.5% on a year-over-year basis. Polaris has set its Q3 2025 guidance at EPS. Sell-side analysts expect that Polaris Inc. will post 1.11 earnings per share for the current fiscal year.

Polaris Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Tuesday, September 2nd were given 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 payout ratio is -142.55%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Roth Capital lifted their price objective on shares of Polaris from $41.00 to $54.00 and gave the company a “neutral” rating in a research report on Tuesday, October 14th. Royal Bank Of Canada lifted their price objective on shares of Polaris from $34.00 to $56.00 and gave the company a “sector perform” rating in a research report on Wednesday, July 30th. Robert W. Baird lifted their price objective on shares of Polaris from $55.00 to $60.00 and gave the company a “neutral” rating in a research report on Monday, October 6th. Citigroup upgraded shares of Polaris from a “sell” rating to a “neutral” rating and lifted their price objective for the company from $35.00 to $60.00 in a research report on Wednesday, October 1st. Finally, UBS Group lifted their price objective on shares of Polaris from $45.00 to $58.00 and gave the company a “neutral” rating in a research report on Monday, September 8th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $53.42.

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.