Camelot Portfolios LLC Sells 829 Shares of Polaris Inc. $PII

Camelot Portfolios LLC decreased its position in Polaris Inc. (NYSE:PII) by 3.1% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 25,554 shares of the company’s stock after selling 829 shares during the quarter. Camelot Portfolios LLC’s holdings in Polaris were worth $1,039,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Two Sigma Investments LP bought a new stake in shares of Polaris during the fourth quarter valued at approximately $2,144,000. Two Sigma Advisers LP bought a new stake in Polaris in the fourth quarter worth $230,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Polaris by 18.7% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 143,705 shares of the company’s stock worth $8,280,000 after acquiring an additional 22,643 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Polaris in the fourth quarter worth $2,992,000. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in Polaris by 16.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 3,970 shares of the company’s stock worth $229,000 after acquiring an additional 551 shares in the last quarter. 88.06% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

PII has been the topic of several analyst reports. BMO Capital Markets reissued a “market perform” rating and issued a $52.00 target price (up from $33.00) on shares of Polaris in a report on Wednesday, July 30th. Royal Bank Of Canada upped their price target on Polaris from $34.00 to $56.00 and gave the company a “sector perform” rating in a report on Wednesday, July 30th. Robert W. Baird upped their price target on Polaris from $46.00 to $55.00 and gave the company a “neutral” rating in a report on Wednesday, July 30th. Wall Street Zen raised Polaris from a “strong sell” rating to a “hold” rating in a report on Saturday, August 2nd. Finally, Zacks Research downgraded Polaris from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 27th. One research analyst has rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $49.17.

Polaris Price Performance

Shares of PII stock opened at $58.86 on Friday. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.37 and a current ratio of 1.04. The stock has a 50 day moving average price of $55.49 and a 200 day moving average price of $45.16. The firm has a market capitalization of $3.31 billion, a P/E ratio of -31.31 and a beta of 1.08. Polaris Inc. has a 52-week low of $30.92 and a 52-week high of $86.51.

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

Polaris Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Tuesday, September 2nd were paid a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 4.6%. The ex-dividend date was Tuesday, September 2nd. Polaris’s payout ratio is presently -142.55%.

Polaris Company Profile

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.