Morgan Stanley Trims Polaris (PII) PT to $69 as Rates and Tariffs Weigh on Outlook
Key takeaways
- Morgan Stanley Trims Polaris (PII) PT to $69 as Rates and Tariffs Weigh on Outlook Vardah Gill Mon, May 25, 2026 at 5:03 AM GMT+7 2 min read PII With an annual dividend yield of 4.01%, Polaris Inc.
- During the Q1 2026 earnings call, CEO Michael Speetzen said the company started the year strongly, with quarterly results exceeding expectations.
- He said first-quarter demand was mainly driven by the utility and commercial segments.
Morgan Stanley Trims Polaris (PII) PT to $69 as Rates and Tariffs Weigh on Outlook Vardah Gill Mon, May 25, 2026 at 5:03 AM GMT+7 2 min read PII With an annual dividend yield of 4.01%, Polaris Inc. (NYSE:PII) is included among the 10 High Yield Stocks for Lasting Retirement Income.
On May 19, Morgan Stanley lowered its price recommendation on Polaris Inc. (NYSE:PII) to $69 from $74. It reiterated an Equal Weight rating on the shares. The firm said it raised its 2026 estimates following the company’s first-quarter results, reflecting earnings that came in ahead of expectations, improving competitive positioning, and easing tariff pressures. The analyst also noted that the combination of interest rates and tariffs continues to cloud visibility for the business.
During the Q1 2026 earnings call, CEO Michael Speetzen said the company started the year strongly, with quarterly results exceeding expectations. He noted that reported sales increased 8%, while organic sales rose 14% after excluding the impact of Indian Motorcycle and related items. Speetzen also said Polaris posted adjusted earnings per share of $0.13. According to him, EPS would have reached $0.26 without the Indian Motorcycle business.