Polaris Inc. (NYSE:PII) Sees Significant Drop in Short Interest

Polaris Inc. (NYSE:PII) was the recipient of a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 6,199,324 shares, a decline of 14.6% from the January 15th total of 7,258,495 shares. Based on an average trading volume of 1,230,511 shares, the short-interest ratio is presently 5.0 days. Currently, 11.4% of the company’s shares are sold short. Currently, 11.4% of the company’s shares are sold short. Based on an average trading volume of 1,230,511 shares, the short-interest ratio is presently 5.0 days.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Seaport Research Partners raised shares of Polaris to a “strong-buy” rating in a research note on Thursday, January 8th. Royal Bank Of Canada reduced their price target on shares of Polaris to $67.00 and set a “sector perform” rating on the stock in a research report on Tuesday, January 27th. Roth Mkm reissued a “neutral” rating on shares of Polaris in a report on Wednesday, January 28th. Weiss Ratings upgraded Polaris from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, January 16th. Finally, BMO Capital Markets reiterated a “market perform” rating and set a $70.00 price objective on shares of Polaris in a report on Wednesday, October 29th. Twelve research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $59.80.

Insider Buying and Selling at Polaris

In other Polaris news, CEO Michael T. Speetzen sold 35,086 shares of the stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $66.83, for a total value of $2,344,797.38. Following the transaction, the chief executive officer owned 136,362 shares of the company’s stock, valued at approximately $9,113,072.46. This represents a 20.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP James P. Williams sold 5,243 shares of the business’s stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $67.17, for a total value of $352,172.31. Following the transaction, the senior vice president owned 48,645 shares of the company’s stock, valued at $3,267,484.65. The trade was a 9.73% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 54,973 shares of company stock worth $3,678,715. Insiders own 3.12% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Quantbot Technologies LP lifted its position in shares of Polaris by 0.4% during the third quarter. Quantbot Technologies LP now owns 47,913 shares of the company’s stock worth $2,785,000 after acquiring an additional 177 shares in the last quarter. Keybank National Association OH lifted its holdings in Polaris by 1.9% during the 4th quarter. Keybank National Association OH now owns 9,872 shares of the company’s stock worth $624,000 after purchasing an additional 184 shares in the last quarter. Ballentine Partners LLC boosted its stake in Polaris by 3.0% in the 3rd quarter. Ballentine Partners LLC now owns 6,761 shares of the company’s stock worth $393,000 after purchasing an additional 196 shares during the period. Linden Thomas Advisory Services LLC grew its holdings in Polaris by 2.8% during the 3rd quarter. Linden Thomas Advisory Services LLC now owns 8,241 shares of the company’s stock valued at $479,000 after buying an additional 227 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its position in shares of Polaris by 31.3% during the third quarter. Farther Finance Advisors LLC now owns 998 shares of the company’s stock valued at $58,000 after buying an additional 238 shares during the period. 88.06% of the stock is currently owned by institutional investors.

Polaris Stock Up 0.7%

Polaris stock traded up $0.49 during midday trading on Wednesday, reaching $66.48. The stock had a trading volume of 557,336 shares, compared to its average volume of 965,079. Polaris has a 1-year low of $30.92 and a 1-year high of $75.25. The company has a debt-to-equity ratio of 1.81, a quick ratio of 0.35 and a current ratio of 0.98. The firm’s fifty day simple moving average is $67.89 and its 200-day simple moving average is $63.64. The stock has a market capitalization of $3.74 billion, a P/E ratio of -8.13 and a beta of 1.19.

Polaris (NYSE:PII) last posted its quarterly earnings data on Tuesday, January 27th. The company reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.06 by $0.02. The company had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.82 billion. Polaris had a negative net margin of 6.51% and a negative return on equity of 0.05%. The firm’s revenue was up 9.5% compared to the same quarter last year. During the same period last year, the company earned $0.92 earnings per share. Polaris has set its FY 2026 guidance at 1.500-1.600 EPS and its Q1 2026 guidance at 0.450-0.450 EPS. As a group, analysts expect that Polaris will post 1.11 EPS for the current fiscal year.

Polaris Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be given a $0.68 dividend. This is an increase from Polaris’s previous quarterly dividend of $0.67. This represents a $2.72 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend is Monday, March 2nd. Polaris’s dividend payout ratio (DPR) is presently -32.76%.

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.