Landscape Capital Management L.L.C. Purchases Shares of 76,223 Polaris Inc. $PII

Landscape Capital Management L.L.C. purchased a new stake in Polaris Inc. (NYSE:PII) during the fourth quarter, HoldingsChannel.com reports. The firm purchased 76,223 shares of the company’s stock, valued at approximately $4,821,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Quantbot Technologies LP boosted its position in Polaris by 0.4% in the third quarter. Quantbot Technologies LP now owns 47,913 shares of the company’s stock valued at $2,785,000 after buying an additional 177 shares in the last quarter. Keybank National Association OH boosted its position in Polaris by 1.9% in the fourth quarter. Keybank National Association OH now owns 9,872 shares of the company’s stock valued at $624,000 after buying an additional 184 shares in the last quarter. Danske Bank A S boosted its position in Polaris by 150.0% in the fourth quarter. Danske Bank A S now owns 500 shares of the company’s stock valued at $32,000 after buying an additional 300 shares in the last quarter. Empowered Funds LLC boosted its position in Polaris by 4.7% in the fourth quarter. Empowered Funds LLC now owns 7,615 shares of the company’s stock valued at $482,000 after buying an additional 343 shares in the last quarter. Finally, GAMMA Investing LLC boosted its position in Polaris by 3.4% in the fourth quarter. GAMMA Investing LLC now owns 13,035 shares of the company’s stock valued at $824,000 after buying an additional 433 shares in the last quarter. 88.06% of the stock is currently owned by institutional investors and hedge funds.

Polaris Trading Up 2.3%

Shares of NYSE PII opened at $70.97 on Friday. The company’s 50 day simple moving average is $63.24 and its 200 day simple moving average is $63.71. Polaris Inc. has a fifty-two week low of $38.42 and a fifty-two week high of $75.25. The firm has a market capitalization of $4.04 billion, a P/E ratio of -9.05 and a beta of 1.26. 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 (NYSE:PII) last announced its quarterly earnings data on Monday, April 27th. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of ($0.43) by $0.56. Polaris had a negative net margin of 6.13% and a positive return on equity of 5.91%. The business had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.63 billion. During the same period in the prior year, the business posted ($0.90) earnings per share. Polaris’s revenue was up 8.0% compared to the same quarter last year. Polaris has set its FY 2026 guidance at 1.600-1.700 EPS. On average, analysts predict that Polaris Inc. will post 1.76 EPS for the current year.

Polaris Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be paid a $0.68 dividend. This represents a $2.72 annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend is Monday, June 1st. Polaris’s dividend payout ratio is presently -34.69%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on PII shares. Raymond James Financial restated an “outperform” rating on shares of Polaris in a research report on Wednesday, April 29th. Robert W. Baird boosted their price target on shares of Polaris from $67.00 to $70.00 and gave the company a “neutral” rating in a research report on Wednesday, April 29th. Zacks Research lowered shares of Polaris from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 20th. Morgan Stanley reduced their price target on shares of 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, Roth Mkm reiterated a “neutral” rating on shares of Polaris in a research report on Wednesday, April 29th. One research analyst has rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. 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.