Polaris (NYSE:PII) Releases Earnings Results, Beats Estimates By $0.55 EPS
by Amy Steele · The Cerbat GemPolaris (NYSE:PII – Get Free Report) issued its earnings results on Monday. The company reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.42) by $0.55, Briefing.com reports. Polaris had a negative return on equity of 0.05% and a negative net margin of 6.51%.The firm’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.90) earnings per share. Polaris updated its FY 2026 guidance to 1.600-1.700 EPS.
Polaris Trading Up 1.8%
Shares of Polaris stock traded up $1.07 during trading on Monday, reaching $61.11. The company had a trading volume of 2,497,030 shares, compared to its average volume of 1,755,887. The firm’s fifty day moving average is $56.81 and its 200-day moving average is $63.32. Polaris has a fifty-two week low of $31.56 and a fifty-two week high of $75.25. The company has a debt-to-equity ratio of 1.81, a quick ratio of 0.35 and a current ratio of 0.98.
Polaris Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 2nd were paid a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a dividend yield of 4.5%. This is a boost from Polaris’s previous quarterly dividend of $0.67. The ex-dividend date was Monday, March 2nd. Polaris’s payout ratio is presently -33.25%.
Analyst Upgrades and Downgrades
PII has been the subject of several research reports. Wells Fargo & Company assumed coverage on shares of Polaris in a research note on Wednesday, March 11th. They set an “equal weight” rating and a $52.00 price objective for the company. Royal Bank Of Canada decreased their price target on shares of Polaris to $67.00 and set a “sector perform” rating for the company in a research report on Tuesday, January 27th. Weiss Ratings downgraded Polaris from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, February 17th. Zacks Research upgraded Polaris from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 20th. Finally, Seaport Research Partners upgraded Polaris to a “strong-buy” rating in a research note on Thursday, January 8th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Polaris presently has an average rating of “Hold” and a consensus target price of $63.11.
Read Our Latest Analysis on PII
Insider Transactions at Polaris
In other Polaris news, SVP James P. Williams sold 5,243 shares of the company’s stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $67.17, for a total value of $352,172.31. Following the completion of the transaction, the senior vice president owned 48,645 shares in the company, valued at approximately $3,267,484.65. This represents a 9.73% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Benjamin D. Duke sold 10,090 shares of the business’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $66.82, for a total transaction of $674,213.80. Following the sale, the insider owned 30,242 shares in the company, valued at $2,020,770.44. This trade represents a 25.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 50,419 shares of company stock worth $3,371,183. Insiders own 2.40% of the company’s stock.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of PII. Goldman Sachs Group Inc. increased its stake in shares of Polaris by 677.2% in the first 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 last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Polaris by 27.5% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 183,289 shares of the company’s stock valued at $7,504,000 after acquiring an additional 39,584 shares during the period. Cetera Investment Advisers increased its holdings in shares of Polaris by 65.4% during the 2nd quarter. Cetera Investment Advisers now owns 16,376 shares of the company’s stock worth $666,000 after purchasing an additional 6,475 shares during the period. Prudential Financial Inc. raised its holdings in Polaris by 17.8% in the 2nd quarter. Prudential Financial Inc. now owns 8,347 shares of the company’s stock valued at $339,000 after acquiring an additional 1,259 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of Polaris by 43.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,449 shares of the company’s stock valued at $140,000 after purchasing an additional 1,037 shares during the period. 88.06% of the stock is owned by institutional investors and hedge funds.
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.