Polaris (NYSE:PII) CEO Michael Speetzen Sells 35,086 Shares of Stock

Polaris Inc. (NYSE:PII) CEO Michael Speetzen sold 35,086 shares of Polaris stock in a transaction dated 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 transaction, the chief executive officer owned 136,362 shares of the company’s stock, valued at $9,113,072.46. This trade represents a 20.46% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Polaris Stock Performance

Shares of PII opened at $65.99 on Friday. The firm has a market capitalization of $3.71 billion, a P/E ratio of -8.07, a P/E/G ratio of 2.38 and a beta of 1.19. Polaris Inc. has a 52 week low of $30.92 and a 52 week high of $75.25. The stock has a 50 day moving average price of $67.96 and a two-hundred day moving average price of $63.21. The company has a debt-to-equity ratio of 1.81, a quick ratio of 0.35 and a current ratio of 0.98.

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

Polaris Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 2nd will be issued a $0.68 dividend. This is an increase from Polaris’s previous quarterly dividend of $0.67. This represents a $2.72 annualized dividend and a dividend yield of 4.1%. The ex-dividend date is Monday, March 2nd. Polaris’s dividend payout ratio is currently -32.76%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Morgan Stanley upped their price objective on shares of Polaris from $72.00 to $81.00 and gave the stock an “equal weight” rating in a research report on Friday, January 16th. Citigroup upped their target price on Polaris from $60.00 to $71.00 and gave the company a “neutral” rating in a report on Thursday, October 30th. Zacks Research downgraded Polaris from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 12th. Seaport Research Partners raised Polaris to a “strong-buy” rating in a research report on Thursday, January 8th. Finally, Royal Bank Of Canada reduced their price objective on Polaris to $67.00 and set a “sector perform” rating for the company in a research note on Tuesday, January 27th. Twelve investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $59.80.

Hedge Funds Weigh In On Polaris

Several institutional investors and hedge funds have recently bought and sold shares of PII. Harbor Capital Advisors Inc. bought a new stake in shares of Polaris in the third quarter valued at $26,000. Danske Bank A S increased its holdings in Polaris by 150.0% in the 4th quarter. Danske Bank A S now owns 500 shares of the company’s stock worth $32,000 after acquiring an additional 300 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in Polaris in the 4th quarter valued at about $40,000. Quent Capital LLC bought a new stake in Polaris in the 3rd quarter valued at about $37,000. Finally, Parkside Financial Bank & Trust raised its stake in Polaris by 371.4% in the 2nd quarter. Parkside Financial Bank & Trust now owns 693 shares of the company’s stock valued at $28,000 after acquiring an additional 546 shares during the period. 88.06% of the stock is owned by institutional investors.

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.