Polaris Inc. $PII Holdings Decreased by ProShare Advisors LLC

ProShare Advisors LLC lowered its position in Polaris Inc. (NYSE:PII) by 27.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 594,259 shares of the company’s stock after selling 220,259 shares during the quarter. ProShare Advisors LLC owned approximately 1.06% of Polaris worth $37,587,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of PII. AQR Capital Management LLC grew its stake in Polaris by 564.8% in the second quarter. AQR Capital Management LLC now owns 1,752,801 shares of the company’s stock valued at $70,673,000 after purchasing an additional 1,489,157 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in Polaris by 677.2% in the first quarter. Goldman Sachs Group Inc. now owns 544,295 shares of the company’s stock valued at $22,283,000 after purchasing an additional 474,259 shares in the last quarter. State Street Corp grew its stake in Polaris by 15.7% in the second quarter. State Street Corp now owns 3,137,866 shares of the company’s stock valued at $127,554,000 after purchasing an additional 426,482 shares in the last quarter. Holocene Advisors LP grew its stake in Polaris by 184.3% in the second quarter. Holocene Advisors LP now owns 464,469 shares of the company’s stock valued at $18,881,000 after purchasing an additional 301,105 shares in the last quarter. Finally, American Century Companies Inc. grew its stake in Polaris by 24.2% in the third quarter. American Century Companies Inc. now owns 1,450,670 shares of the company’s stock valued at $84,328,000 after purchasing an additional 282,570 shares in the last quarter. Hedge funds and other institutional investors own 88.06% of the company’s stock.

Polaris Price Performance

Shares of NYSE:PII opened at $60.04 on Wednesday. Polaris Inc. has a fifty-two week low of $36.73 and a fifty-two week high of $75.25. 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 stock has a market capitalization of $3.42 billion, a P/E ratio of -7.66 and a beta of 1.25. The business has a 50-day moving average of $58.00 and a two-hundred day moving average of $63.22.

Polaris (NYSE:PII) last posted 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 business had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.63 billion. During the same quarter in the previous year, the firm earned ($0.90) EPS. The firm’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, equities research analysts predict that Polaris Inc. will post 1.7 EPS for the current fiscal year.

Polaris Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be given a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend is Monday, June 1st. Polaris’s payout ratio is currently -34.69%.

Analyst Upgrades and Downgrades

PII has been the topic of a number of recent research reports. Roth Mkm restated a “neutral” rating on shares of Polaris in a research note on Wednesday, April 29th. Morgan Stanley reduced their price target on Polaris from $74.00 to $69.00 and set an “equal weight” rating for the company in a research report on Tuesday. Wells Fargo & Company boosted their price target on Polaris from $52.00 to $60.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 29th. Raymond James Financial reaffirmed an “outperform” rating on shares of Polaris in a research report on Wednesday, April 29th. Finally, Zacks Research raised Polaris from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Polaris presently has a consensus rating of “Hold” and an average price target of $64.44.

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.