Polaris
About: Polaris designs and manufactures off-road vehicles, including all-terrain vehicles and side-by-side vehicles for recreational and utility purposes, snowmobiles, and on-road vehicles, including motorcycles, along with the related replacement parts, garments, and accessories. The firm entered the marine market after acquiring Boat Holdings in 2018, offering exposure to another segment of the outdoor lifestyle market. Polaris products are retailed through more than 2,500 dealers in North America and 1,500 international dealers as well as more than 25 subsidiaries and 90 distributors in more than 100 countries outside North America.
Employees: 15,000
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
71% more repeat investments, than reductions
Existing positions increased: 164 | Existing positions reduced: 96
50% more funds holding in top 10
Funds holding in top 10: 2 [Q4 2024] → 3 (+1) [Q1 2025]
6.26% more ownership
Funds ownership: 87.83% [Q4 2024] → 94.09% (+6.26%) [Q1 2025]
11% less funds holding
Funds holding: 425 [Q4 2024] → 380 (-45) [Q1 2025]
22% less call options, than puts
Call options by funds: $46.7M | Put options by funds: $60.1M
24% less capital invested
Capital invested by funds: $2.82B [Q4 2024] → $2.15B (-$672M) [Q1 2025]
40% less first-time investments, than exits
New positions opened: 59 | Existing positions closed: 98
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Baird Craig Kennison | 1%downside $38 | Neutral Maintained | 22 May 2025 |
Morgan Stanley Megan Alexander | 25%downside $29 | Equal-Weight Maintained | 1 May 2025 |
RBC Capital Sabahat Khan | 12%downside $34 | Sector Perform Maintained | 30 Apr 2025 |
Truist Securities Michael Swartz | 22%downside $30 | Hold Maintained | 14 Apr 2025 |
Citigroup James Hardiman | 25%downside $29 | Sell Downgraded | 20 Mar 2025 |
Financial journalist opinion
Based on 10 articles about PII published over the past 30 days









