Zacks Research Upgrades Polaris (NYSE:PII) to “Strong-Buy”

Polaris (NYSE:PII) was upgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a report issued on Monday,Zacks.com reports.

PII has been the subject of several other research reports. Wells Fargo & Company started coverage on Polaris in a report on Wednesday, March 11th. They issued an “equal weight” rating and a $52.00 price target for the company. Royal Bank Of Canada dropped their price objective on shares of Polaris to $67.00 and set a “sector perform” rating for the company in a research note on Tuesday, January 27th. Roth Mkm restated a “neutral” rating on shares of Polaris in a research note on Wednesday, January 28th. Seaport Research Partners upgraded shares of Polaris to a “strong-buy” rating in a research note on Thursday, January 8th. Finally, Weiss Ratings cut shares of Polaris from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, February 17th. One analyst has rated the stock with a Strong Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $63.11.

Polaris Stock Performance

Polaris stock traded down $2.59 during trading hours on Monday, hitting $58.82. The stock had a trading volume of 170,084 shares, compared to its average volume of 1,184,642. The company has a 50-day moving average of $57.31 and a two-hundred day moving average of $63.43. The company has a quick ratio of 0.35, a current ratio of 0.98 and a debt-to-equity ratio of 1.81. The company has a market cap of $3.33 billion, a PE ratio of -7.19 and a beta of 1.17. Polaris has a fifty-two week low of $31.56 and a fifty-two week high of $75.25.

Polaris (NYSE:PII) last posted its quarterly earnings results on Tuesday, January 27th. The company reported $0.08 EPS for the quarter, beating the consensus estimate of $0.06 by $0.02. The firm had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.82 billion. Polaris had a negative return on equity of 0.05% and a negative net margin of 6.51%.The company’s revenue for the quarter was up 9.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.92 EPS. Polaris has set its FY 2026 guidance at 1.500-1.600 EPS and its Q1 2026 guidance at 0.450-0.450 EPS. On average, equities research analysts anticipate that Polaris will post 1.72 EPS for the current fiscal year.

Insider Activity

In other news, CEO Michael T. Speetzen sold 35,086 shares of the stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $66.83, for a total value of $2,344,797.38. Following the completion of the transaction, the chief executive officer owned 136,362 shares in the company, valued at approximately $9,113,072.46. This represents a 20.46% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Benjamin D. Duke sold 10,090 shares of the stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $66.82, for a total transaction of $674,213.80. Following the sale, the insider owned 30,242 shares of the company’s stock, valued at $2,020,770.44. This trade represents a 25.02% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 50,419 shares of company stock worth $3,371,183. 2.40% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Polaris

Hedge funds have recently made changes to their positions in the company. Quantbot Technologies LP grew its holdings in Polaris by 0.4% during the 3rd quarter. Quantbot Technologies LP now owns 47,913 shares of the company’s stock worth $2,785,000 after acquiring an additional 177 shares during the last quarter. Keybank National Association OH grew 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 acquiring an additional 184 shares during the last quarter. Rockefeller Capital Management L.P. grew its holdings in Polaris by 1.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 10,726 shares of the company’s stock worth $678,000 after acquiring an additional 194 shares during the last quarter. Ballentine Partners LLC grew its holdings in Polaris by 3.0% during the 3rd quarter. Ballentine Partners LLC now owns 6,761 shares of the company’s stock worth $393,000 after acquiring an additional 196 shares during the last quarter. Finally, 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 worth $479,000 after acquiring an additional 227 shares during the last quarter. Institutional investors and hedge funds own 88.06% of the company’s stock.

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.