Polaris Industries Inc. (PII) Holdings Raised by Janus Henderson Group PLC

Janus Henderson Group PLC raised its position in Polaris Industries Inc. (NYSE:PII) by 6.2% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,559,796 shares of the company’s stock after purchasing an additional 148,734 shares during the period. Janus Henderson Group PLC owned approximately 4.09% of Polaris Industries worth $267,832,000 as of its most recent filing with the SEC.

A number of other large investors have also recently modified their holdings of the business. IFP Advisors Inc increased its position in shares of Polaris Industries by 1.0% during the second quarter. IFP Advisors Inc now owns 1,274 shares of the company’s stock worth $118,000 after acquiring an additional 13 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its position in shares of Polaris Industries by 0.4% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 8,523 shares of the company’s stock worth $786,000 after acquiring an additional 35 shares in the last quarter. AMG Funds LLC increased its position in shares of Polaris Industries by 0.4% during the second quarter. AMG Funds LLC now owns 11,805 shares of the company’s stock worth $1,089,000 after acquiring an additional 42 shares in the last quarter. World Asset Management Inc increased its position in shares of Polaris Industries by 1.0% during the second quarter. World Asset Management Inc now owns 4,602 shares of the company’s stock worth $424,000 after acquiring an additional 46 shares in the last quarter. Finally, HL Financial Services LLC increased its position in shares of Polaris Industries by 1.4% during the second quarter. HL Financial Services LLC now owns 5,171 shares of the company’s stock worth $477,000 after acquiring an additional 72 shares in the last quarter. 91.08% of the stock is owned by hedge funds and other institutional investors.

PII has been the subject of several research reports. Northcoast Research reissued a “hold” rating on shares of Polaris Industries in a research report on Tuesday, September 5th. Robert W. Baird reissued a “neutral” rating on shares of Polaris Industries in a research report on Sunday, September 3rd. Royal Bank Of Canada increased their price objective on shares of Polaris Industries from $81.00 to $91.00 and gave the stock an “underperform” rating in a research report on Wednesday, October 25th. UBS lowered their price objective on shares of Polaris Industries from $108.00 to $82.00 and set a “neutral” rating for the company in a research report on Friday, September 15th. Finally, BMO Capital Markets increased their price objective on shares of Polaris Industries from $110.00 to $115.00 and gave the stock an “outperform” rating in a research report on Friday, September 15th. Two analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and three have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $99.27.

In related news, insider Stephen L. Eastman sold 1,500 shares of the firm’s stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $127.72, for a total value of $191,580.00. Following the completion of the transaction, the insider now owns 8,846 shares of the company’s stock, valued at $1,129,811.12. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, SVP Stacy L. Bogart sold 20,000 shares of the firm’s stock in a transaction on Thursday, October 26th. The shares were sold at an average price of $122.05, for a total transaction of $2,441,000.00. Following the completion of the transaction, the senior vice president now directly owns 30,975 shares of the company’s stock, valued at approximately $3,780,498.75. The disclosure for this sale can be found here. In the last ninety days, insiders sold 58,102 shares of company stock valued at $7,174,301. 2.20% of the stock is owned by insiders.

Polaris Industries Inc. (PII) opened at $133.70 on Friday. The firm has a market cap of $8,361.87, a price-to-earnings ratio of 29.38, a P/E/G ratio of 1.84 and a beta of 1.41. Polaris Industries Inc. has a 12-month low of $77.91 and a 12-month high of $134.29. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.04 and a quick ratio of 0.34.

Polaris Industries (NYSE:PII) last released its earnings results on Tuesday, October 24th. The company reported $1.46 earnings per share for the quarter, beating analysts’ consensus estimates of $1.22 by $0.24. The business had revenue of $1.48 billion during the quarter, compared to the consensus estimate of $1.40 billion. Polaris Industries had a net margin of 3.90% and a return on equity of 33.81%. The firm’s revenue for the quarter was up 24.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.50 earnings per share. equities analysts forecast that Polaris Industries Inc. will post 4.85 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be given a $0.58 dividend. This represents a $2.32 dividend on an annualized basis and a yield of 1.74%. The ex-dividend date is Thursday, November 30th. Polaris Industries’s dividend payout ratio (DPR) is currently 73.19%.

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Polaris Industries Company Profile

Polaris Industries Inc designs, engineers and manufactures powersports vehicles, which include Off-Road Vehicles (ORV), including All-Terrain Vehicles (ATV) and side-by-side vehicles for recreational and utility use; Snowmobiles, Motorcycles and Global Adjacent Markets vehicles, including Work and Transportation and military vehicles.

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Institutional Ownership by Quarter for Polaris Industries (NYSE:PII)

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