CPC Advisors LLC Acquires New Position in Polaris Inc. $PII

CPC Advisors LLC acquired a new position in shares of Polaris Inc. (NYSE:PII) in the 1st quarter, HoldingsChannel reports. The firm acquired 31,769 shares of the company’s stock, valued at approximately $1,731,000.

Other institutional investors also recently bought and sold shares of the company. Kemnay Advisory Services Inc. purchased a new stake in shares of Polaris in the 4th quarter valued at approximately $27,000. Danske Bank A S raised its position in shares of Polaris by 150.0% during the 4th quarter. Danske Bank A S now owns 500 shares of the company’s stock valued at $32,000 after buying an additional 300 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new position in Polaris in the fourth quarter valued at approximately $40,000. Bard Associates Inc. acquired a new position in Polaris in the fourth quarter valued at approximately $46,000. Finally, Hilton Head Capital Partners LLC purchased a new position in Polaris in the fourth quarter worth approximately $52,000. 88.06% of the stock is owned by hedge funds and other institutional investors.

Polaris Stock Performance

NYSE:PII opened at $71.25 on Monday. Polaris Inc. has a fifty-two week low of $38.42 and a fifty-two week high of $75.25. 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 50 day moving average price of $64.83 and a 200 day moving average price of $63.84. The stock has a market capitalization of $4.05 billion, a P/E ratio of -9.09 and a beta of 1.26.

Polaris (NYSE:PII) last announced 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. Polaris had a positive return on equity of 5.91% and a negative net margin of 6.13%.The company had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.63 billion. During the same quarter in the previous year, the company earned ($0.90) earnings per share. The firm’s quarterly 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. Equities research analysts forecast that Polaris Inc. will post 1.76 EPS for the current year.

Polaris Dividend Announcement

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

Analyst Ratings Changes

Several equities research analysts have issued reports on PII shares. Morgan Stanley cut their target price on Polaris from $74.00 to $69.00 and set an “equal weight” rating for the company in a research note on Tuesday, May 19th. Citigroup upped their price target on Polaris from $58.00 to $70.00 and gave the company a “neutral” rating in a research note on Thursday, April 30th. Zacks Research cut Polaris from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 20th. Wells Fargo & Company raised their price objective on Polaris from $52.00 to $60.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 29th. Finally, Roth Mkm restated a “neutral” rating on shares of Polaris in a report on Wednesday, April 29th. One equities research analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average 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.