Mairs & Power Inc. Reduces Stake in Polaris Inc. $PII

Investment firm cuts position in powersports vehicle manufacturer by 15.6% in Q3

Mar. 17, 2026 at 12:27pm

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Mairs & Power Inc., an investment management firm, has reduced its stake in Polaris Inc. (NYSE:PII) by 15.6% in the third quarter of 2026, according to a recent SEC filing. The firm now owns 95,840 shares of the company's stock, valued at $5,571,000 at the end of the quarter.

Why it matters

Polaris is a major manufacturer of powersports vehicles like snowmobiles, ATVs, and motorcycles. Changes in institutional ownership can signal shifts in investor sentiment and market expectations for the company's performance.

The details

Mairs & Power Inc. sold 17,696 shares of Polaris stock during the third quarter, reducing its total position to 95,840 shares. Several other institutional investors and hedge funds have also made changes to their Polaris holdings in recent quarters, with some increasing and others decreasing their positions.

  • Mairs & Power Inc. made the stake reduction in the 3rd quarter of 2026.

The players

Mairs & Power Inc.

An investment management firm based in Minnesota that has reduced its stake in Polaris Inc.

Polaris Inc.

A diversified manufacturer of powersports vehicles and related products, headquartered in Medina, Minnesota.

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The takeaway

The reduction in Mairs & Power Inc.'s Polaris stake could signal a shift in investor sentiment around the powersports company, though further analysis of other institutional activity and market trends would be needed to fully understand the implications.