Polaris Inc. $PII Stake Reduced by Koss Olinger Consulting LLC

Koss Olinger Consulting LLC reduced its stake in shares of Polaris Inc. (NYSE:PII) by 21.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,704 shares of the company’s stock after selling 8,906 shares during the quarter. Koss Olinger Consulting LLC owned about 0.06% of Polaris worth $2,005,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in PII. AQR Capital Management LLC boosted its position in Polaris by 564.8% during the 2nd quarter. AQR Capital Management LLC now owns 1,752,801 shares of the company’s stock worth $70,673,000 after acquiring an additional 1,489,157 shares during the period. Goldman Sachs Group Inc. boosted its position in Polaris by 677.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 544,295 shares of the company’s stock worth $22,283,000 after acquiring an additional 474,259 shares during the period. State Street Corp boosted its position in Polaris by 15.7% during the 2nd quarter. State Street Corp now owns 3,137,866 shares of the company’s stock worth $127,554,000 after acquiring an additional 426,482 shares during the period. Holocene Advisors LP boosted its position in Polaris by 184.3% during the 2nd quarter. Holocene Advisors LP now owns 464,469 shares of the company’s stock worth $18,881,000 after acquiring an additional 301,105 shares during the period. Finally, American Century Companies Inc. boosted its position in Polaris by 24.2% during the 3rd quarter. American Century Companies Inc. now owns 1,450,670 shares of the company’s stock worth $84,328,000 after acquiring an additional 282,570 shares during the period. Institutional investors and hedge funds own 88.06% of the company’s stock.

Polaris Trading Up 1.0%

Shares of Polaris stock opened at $70.74 on Friday. The company has a quick ratio of 0.48, a current ratio of 1.21 and a debt-to-equity ratio of 2.72. The firm has a market cap of $4.02 billion, a price-to-earnings ratio of -9.02 and a beta of 1.25. The business has a fifty day simple moving average of $60.52 and a 200-day simple moving average of $63.37. Polaris Inc. has a fifty-two week low of $36.73 and a fifty-two week high of $75.25.

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. The business had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.63 billion. Polaris had a positive return on equity of 5.91% and a negative net margin of 6.13%.The company’s revenue was up 8.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.90) earnings per share. Polaris has set its FY 2026 guidance at 1.600-1.700 EPS. On average, equities analysts forecast that Polaris Inc. will post 1.76 EPS for the current fiscal year.

Polaris Dividend Announcement

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

Wall Street Analysts Forecast Growth

PII has been the subject of a number of analyst reports. Zacks Research lowered Polaris from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 20th. 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. Citigroup boosted their price target on Polaris from $58.00 to $70.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Roth Mkm reiterated a “neutral” rating on shares of Polaris in a research report on Wednesday, April 29th. Finally, Robert W. Baird boosted their price target on Polaris from $67.00 to $70.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. One investment analyst has rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $64.44.

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.