State of Wyoming Takes $536,000 Position in Polaris Inc. $PII

State of Wyoming acquired a new stake in Polaris Inc. (NYSE:PII) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 8,471 shares of the company’s stock, valued at approximately $536,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Sivia Capital Partners LLC acquired a new stake in Polaris during the fourth quarter valued at approximately $227,000. Goldman Sachs Group Inc. lifted its stake in Polaris by 166.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,929,773 shares of the company’s stock valued at $122,058,000 after purchasing an additional 1,204,405 shares during the last quarter. Natixis Advisors LLC acquired a new stake in Polaris during the fourth quarter valued at approximately $666,000. BNP Paribas Financial Markets lifted its stake in Polaris by 12.3% during the fourth quarter. BNP Paribas Financial Markets now owns 78,294 shares of the company’s stock valued at $4,952,000 after purchasing an additional 8,598 shares during the last quarter. Finally, Norges Bank acquired a new stake in Polaris during the fourth quarter valued at approximately $1,518,000. 88.06% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

PII has been the subject of several recent research reports. Zacks Research lowered shares of Polaris from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 20th. Morgan Stanley cut their target price on shares of Polaris from $74.00 to $69.00 and set an “equal weight” rating for the company in a research note on Tuesday, May 19th. Roth Mkm reissued a “neutral” rating on shares of Polaris in a research note on Wednesday, April 29th. Robert W. Baird increased their target price on shares of Polaris from $67.00 to $70.00 and gave the company a “neutral” rating in a research note on Wednesday, April 29th. Finally, Wells Fargo & Company increased their target price on shares of Polaris from $52.00 to $60.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 29th. One investment 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 data from MarketBeat.com, Polaris currently has an average rating of “Hold” and a consensus target price of $64.44.

Polaris Stock Down 4.0%

Shares of NYSE:PII opened at $66.14 on Friday. The company has a debt-to-equity ratio of 2.72, a quick ratio of 0.48 and a current ratio of 1.21. The company has a market cap of $3.76 billion, a PE ratio of -8.44 and a beta of 1.26. Polaris Inc. has a 52 week low of $38.42 and a 52 week high of $75.25. The firm has a 50 day simple moving average of $61.83 and a 200 day simple moving average of $63.47.

Polaris (NYSE:PII) last issued its earnings results on Monday, April 27th. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.43) by $0.56. The company had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.63 billion. Polaris had a negative net margin of 6.13% and a positive return on equity of 5.91%. The company’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same quarter last year, the business posted ($0.90) EPS. Polaris has set its FY 2026 guidance at 1.600-1.700 EPS. As a group, research analysts expect that Polaris Inc. will post 1.76 earnings per share for the current year.

Polaris Dividend Announcement

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

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.