Versor Investments LP Takes $484,000 Position in Polaris Inc. $PII

Versor Investments LP bought a new stake in Polaris Inc. (NYSE:PII) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 7,648 shares of the company’s stock, valued at approximately $484,000.

Other large investors also recently modified their holdings of the company. Ritholtz Wealth Management bought a new position in shares of Polaris in the fourth quarter valued at approximately $1,172,000. Federated Hermes Inc. increased its position in shares of Polaris by 109.2% during the third quarter. Federated Hermes Inc. now owns 144,056 shares of the company’s stock valued at $8,374,000 after acquiring an additional 75,185 shares during the last quarter. WBI Investments LLC purchased a new stake in shares of Polaris during the third quarter valued at approximately $1,468,000. Mitsubishi UFJ Trust & Banking Corp purchased a new stake in shares of Polaris during the third quarter valued at approximately $1,610,000. Finally, Fieldview Capital Management LLC purchased a new stake in shares of Polaris during the third quarter valued at approximately $1,670,000. Institutional investors own 88.06% of the company’s stock.

Polaris Stock Performance

NYSE:PII opened at $66.16 on Friday. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.21 and a quick ratio of 0.48. The business has a fifty day simple moving average of $57.52 and a two-hundred day simple moving average of $63.35. Polaris Inc. has a 1 year low of $36.73 and a 1 year high of $75.25. The company has a market capitalization of $3.76 billion, a P/E ratio of -8.44 and a beta of 1.25.

Polaris (NYSE:PII) last released its earnings results on Monday, April 27th. The company reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 business had revenue of $1.66 billion during the quarter, compared to the consensus estimate of $1.63 billion. During the same period last year, the business posted ($0.90) earnings per share. The business’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. On average, analysts expect that Polaris Inc. will post 1.7 earnings per share for the current year.

Polaris Announces Dividend

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 given a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend is Monday, June 1st. Polaris’s dividend payout ratio (DPR) is currently -34.69%.

Analyst Upgrades and Downgrades

PII has been the subject of a number of research analyst reports. Royal Bank Of Canada decreased their price target on Polaris to $67.00 and set a “sector perform” rating for the company in a research report on Tuesday, January 27th. Morgan Stanley decreased their price target on Polaris from $81.00 to $74.00 and set an “equal weight” rating for the company in a research report on Tuesday, February 17th. Weiss Ratings downgraded Polaris from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, February 17th. Roth Mkm reaffirmed a “neutral” rating on shares of Polaris in a research report on Wednesday, April 29th. Finally, Robert W. Baird increased their price target on Polaris from $67.00 to $70.00 and gave the company a “neutral” rating in a research report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $65.00.

Polaris 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.