Intech Investment Management LLC Increases Holdings in Polaris Inc. $PII

Intech Investment Management LLC grew its holdings in Polaris Inc. (NYSE:PII) by 48.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,136 shares of the company’s stock after acquiring an additional 8,197 shares during the period. Intech Investment Management LLC’s holdings in Polaris were worth $1,590,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. IFG Advisory LLC lifted its position in shares of Polaris by 4.5% in the fourth quarter. IFG Advisory LLC now owns 53,550 shares of the company’s stock worth $3,387,000 after buying an additional 2,298 shares in the last quarter. Kingsview Wealth Management LLC purchased a new stake in shares of Polaris in the fourth quarter worth about $3,421,000. Hantz Financial Services Inc. lifted its position in shares of Polaris by 51.5% in the fourth quarter. Hantz Financial Services Inc. now owns 3,909 shares of the company’s stock worth $247,000 after buying an additional 1,329 shares in the last quarter. Coldstream Capital Management Inc. purchased a new stake in shares of Polaris in the fourth quarter worth about $202,000. Finally, Jefferies Financial Group Inc. purchased a new stake in shares of Polaris in the fourth quarter worth about $10,778,000. 88.06% of the stock is currently owned by hedge funds and other institutional investors.

Polaris Trading Up 1.2%

Shares of NYSE PII opened at $69.11 on Friday. The business’s 50 day moving average is $61.64 and its two-hundred day moving average is $63.45. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.21 and a quick ratio of 0.48. Polaris Inc. has a 1-year low of $38.42 and a 1-year high of $75.25. The stock has a market capitalization of $3.93 billion, a P/E ratio of -8.81 and a beta of 1.26.

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

Polaris Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be paid a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend is Monday, June 1st. Polaris’s payout ratio is presently -34.69%.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on PII shares. Roth Mkm reiterated a “neutral” rating on shares of Polaris in a research report on Wednesday, April 29th. Zacks Research downgraded Polaris from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 20th. Citigroup boosted their target price on Polaris from $58.00 to $70.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Morgan Stanley decreased 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, Weiss Ratings downgraded Polaris from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, February 17th. One analyst has rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Polaris currently has a consensus rating of “Hold” and a consensus target price of $64.44.

Polaris Company 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.