Polaris Inc. $PII Shares Purchased by IFP Advisors Inc

by · The Markets Daily

IFP Advisors Inc increased its stake in shares of Polaris Inc. (NYSE:PII – Free Report) by 22.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,339 shares of the company’s stock after purchasing an additional 430 shares during the quarter. IFP Advisors Inc’s holdings in Polaris were worth $96,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of PII. Select Equity Group L.P. grew its stake in Polaris by 142.1% during the 1st quarter. Select Equity Group L.P. now owns 1,620,565 shares of the company’s stock worth $66,346,000 after purchasing an additional 951,195 shares in the last quarter. Invesco Ltd. grew its stake in Polaris by 352.5% during the 1st quarter. Invesco Ltd. now owns 902,751 shares of the company’s stock worth $36,959,000 after purchasing an additional 703,240 shares in the last quarter. Jacobs Levy Equity Management Inc. grew its stake in Polaris by 12,099.2% during the 1st quarter. Jacobs Levy Equity Management Inc. now owns 513,343 shares of the company’s stock worth $21,016,000 after purchasing an additional 509,135 shares in the last quarter. Goldman Sachs Group Inc. grew its stake 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 purchasing an additional 474,259 shares in the last quarter. Finally, Millennium Management LLC grew its stake in Polaris by 341.5% during the 1st quarter. Millennium Management LLC now owns 604,674 shares of the company’s stock worth $24,755,000 after purchasing an additional 467,704 shares in the last quarter. 88.06% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

PII has been the subject of several analyst reports. UBS Group upped their price objective on Polaris from $45.00 to $58.00 and gave the stock a “neutral” rating in a research report on Monday, September 8th. Roth Capital upped their price objective on Polaris from $41.00 to $54.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 14th. Royal Bank Of Canada upped their price objective on Polaris from $34.00 to $56.00 and gave the stock a “sector perform” rating in a research report on Wednesday, July 30th. Wall Street Zen raised Polaris from a “strong sell” rating to a “hold” rating in a research report on Saturday, August 2nd. Finally, Zacks Research raised Polaris from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 15th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $53.42.

Read Our Latest Stock Analysis on Polaris

Polaris Stock Up 0.5%

Polaris stock opened at $66.52 on Monday. Polaris Inc. has a twelve month low of $30.92 and a twelve month high of $83.31. The stock has a 50 day moving average of $58.94 and a two-hundred day moving average of $47.41. The company has a current ratio of 1.04, a quick ratio of 0.37 and a debt-to-equity ratio of 1.17. The stock has a market capitalization of $3.74 billion, a price-to-earnings ratio of -35.38 and a beta of 1.08.

Polaris (NYSE:PII – Get Free Report) last issued its earnings results on Tuesday, July 29th. The company reported $0.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.05 by $0.35. The business had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.73 billion. Polaris had a positive return on equity of 5.16% and a negative net margin of 1.57%.The company’s revenue for the quarter was down 5.5% on a year-over-year basis. During the same period in the prior year, the business posted $1.38 EPS. Polaris has set its Q3 2025 guidance at EPS. As a group, research analysts expect that Polaris Inc. will post 1.11 earnings per share for the current year.

Polaris Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Tuesday, September 2nd were paid a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend was Tuesday, September 2nd. Polaris’s dividend payout ratio is -142.55%.

Polaris Profile

(Free Report)

Polaris Inc designs, engineers, manufactures, and markets powersports vehicles in the United States, Canada, and internationally. It operates through three segments: Off-Road, On-Road, and Marine. The company offers off-road vehicles (ORVs), including all-terrain vehicles and side-by-side vehicles; military and commercial ORVs; snowmobiles; motorcycles; and moto-roadsters, quadricycles, and boats.

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