Polaris (NYSE:PII) Trading Up 4.9% – What’s Next?

08 Mar 2025, 13:58 by Doug Wharley · The Cerbat Gem

Shares of Polaris Inc. (NYSE:PII – Get Free Report) traded up 4.9% during trading on Thursday . The stock traded as high as $43.26 and last traded at $43.24. 553,175 shares traded hands during trading, a decline of 39% from the average session volume of 908,624 shares. The stock had previously closed at $41.23.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Robert W. Baird reduced their target price on shares of Polaris from $84.00 to $72.00 and set an “outperform” rating on the stock in a report on Monday, December 30th. KeyCorp lowered shares of Polaris from an “overweight” rating to a “sector weight” rating in a report on Wednesday, January 8th. BMO Capital Markets lowered their price target on Polaris from $60.00 to $50.00 and set a “market perform” rating for the company in a research report on Wednesday, January 29th. UBS Group lowered their price target on Polaris from $67.00 to $48.00 and set a “neutral” rating for the company in a research report on Monday, February 3rd. Finally, DA Davidson lowered their price target on Polaris from $69.00 to $60.00 and set a “buy” rating for the company in a research report on Thursday, January 30th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $66.17.

Get Our Latest Stock Report on PII

Polaris Price Performance

The stock has a market cap of $2.67 billion, a P/E ratio of 24.28, a price-to-earnings-growth ratio of 13.95 and a beta of 1.54. The firm has a 50-day moving average price of $50.14 and a 200-day moving average price of $65.89. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.39 and a current ratio of 1.15.

Polaris (NYSE:PII – Get Free Report) last posted its quarterly earnings results on Tuesday, January 28th. The company reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.03. Polaris had a return on equity of 13.78% and a net margin of 1.54%. On average, analysts forecast that Polaris Inc. will post 1.11 earnings per share for the current fiscal year.

Polaris Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be paid a $0.67 dividend. The ex-dividend date is Monday, March 3rd. This represents a $2.68 annualized dividend and a dividend yield of 5.63%. This is an increase from Polaris’s previous quarterly dividend of $0.66. Polaris’s dividend payout ratio is presently 136.73%.

Institutional Trading of Polaris

Institutional investors have recently added to or reduced their stakes in the business. RWWM Inc. boosted its stake in Polaris by 377.4% during the 4th quarter. RWWM Inc. now owns 889,698 shares of the company’s stock valued at $51,264,000 after purchasing an additional 703,322 shares during the last quarter. Artisan Partners Limited Partnership boosted its stake in Polaris by 132.6% during the 4th quarter. Artisan Partners Limited Partnership now owns 900,891 shares of the company’s stock valued at $51,909,000 after purchasing an additional 513,542 shares during the last quarter. Norges Bank purchased a new stake in Polaris during the 4th quarter valued at $24,659,000. Capital World Investors boosted its stake in Polaris by 6.7% during the 4th quarter. Capital World Investors now owns 6,156,285 shares of the company’s stock valued at $354,725,000 after purchasing an additional 388,050 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in Polaris during the 4th quarter valued at $21,776,000. 88.06% of the stock is currently owned by hedge funds and other institutional investors.

About Polaris

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