MetLife Investment Management LLC Decreases Holdings in Polaris Inc. $PII

MetLife Investment Management LLC trimmed its stake in shares of Polaris Inc. (NYSE:PII) by 1.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 29,094 shares of the company’s stock after selling 440 shares during the period. MetLife Investment Management LLC owned 0.05% of Polaris worth $1,191,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. UMB Bank n.a. lifted its holdings in Polaris by 114.1% during the first quarter. UMB Bank n.a. now owns 805 shares of the company’s stock valued at $33,000 after purchasing an additional 429 shares in the last quarter. Opal Wealth Advisors LLC purchased a new position in Polaris during the first quarter valued at $35,000. Fifth Third Bancorp lifted its holdings in Polaris by 46.9% during the first quarter. Fifth Third Bancorp now owns 996 shares of the company’s stock valued at $41,000 after purchasing an additional 318 shares in the last quarter. Allworth Financial LP lifted its stake in shares of Polaris by 7,462.5% in the first quarter. Allworth Financial LP now owns 1,210 shares of the company’s stock worth $50,000 after buying an additional 1,194 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB lifted its stake in shares of Polaris by 191.1% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 1,214 shares of the company’s stock worth $50,000 after buying an additional 797 shares in the last quarter. 88.06% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Roth Capital raised their price target on shares of Polaris from $32.00 to $41.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 23rd. Wall Street Zen raised shares of Polaris from a “strong sell” rating to a “hold” rating in a research note on Saturday, August 2nd. BMO Capital Markets reissued a “market perform” rating and issued a $52.00 price target (up from $33.00) on shares of Polaris in a research note on Wednesday, July 30th. Citigroup reissued a “sell” rating and issued a $27.00 price target (up from $23.00) on shares of Polaris in a research note on Monday, June 16th. Finally, Royal Bank Of Canada raised their price target on shares of Polaris from $34.00 to $56.00 and gave the stock a “sector perform” rating in a research note on Wednesday, July 30th. One investment analyst has rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $48.33.

Polaris Price Performance

Polaris stock opened at $57.93 on Friday. Polaris Inc. has a 12-month low of $30.92 and a 12-month high of $86.51. The stock has a market cap of $3.26 billion, a P/E ratio of -30.81 and a beta of 1.08. The company has a 50-day moving average price of $51.85 and a 200 day moving average price of $43.76. The company has a current ratio of 1.04, a quick ratio of 0.37 and a debt-to-equity ratio of 1.17.

Polaris (NYSE:PII) last released its quarterly earnings data on Tuesday, July 29th. The company reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.35. Polaris had a negative net margin of 1.57% and a positive return on equity of 5.16%. The firm had revenue of $1.85 billion during the quarter, compared to analysts’ expectations of $1.73 billion. During the same period last year, the business earned $1.38 earnings per share. Polaris’s revenue was down 5.5% compared to the same quarter last year. Polaris has set its Q3 2025 guidance at EPS. Sell-side analysts anticipate that Polaris Inc. will post 1.11 earnings per share for the current year.

Polaris Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Shareholders of record on Tuesday, September 2nd will be given a dividend of $0.67 per share. The ex-dividend date is Tuesday, September 2nd. This represents a $2.68 dividend on an annualized basis and a dividend yield of 4.6%. Polaris’s dividend payout ratio (DPR) is currently -142.55%.

About Polaris

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.