Qsemble Capital Management LP boosted its position in Amer Sports, Inc. (NYSE:AS – Free Report) by 308.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 132,293 shares of the company’s stock after purchasing an additional 99,887 shares during the quarter. Qsemble Capital Management LP’s holdings in Amer Sports were worth $4,941,000 at the end of the most recent reporting period.
Several other hedge funds have also recently added to or reduced their stakes in the company. Choreo LLC raised its stake in Amer Sports by 4.9% in the 4th quarter. Choreo LLC now owns 9,387 shares of the company’s stock valued at $354,000 after purchasing an additional 437 shares during the last quarter. Mackenzie Financial Corp raised its stake in Amer Sports by 1.1% in the 3rd quarter. Mackenzie Financial Corp now owns 48,745 shares of the company’s stock valued at $1,694,000 after purchasing an additional 540 shares during the last quarter. Handelsbanken Fonder AB raised its stake in Amer Sports by 2.0% in the 3rd quarter. Handelsbanken Fonder AB now owns 35,300 shares of the company’s stock valued at $1,227,000 after purchasing an additional 700 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its stake in Amer Sports by 484.8% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 848 shares of the company’s stock valued at $29,000 after purchasing an additional 703 shares during the last quarter. Finally, Mitchell Capital Management Co. raised its stake in Amer Sports by 1.3% in the 3rd quarter. Mitchell Capital Management Co. now owns 60,188 shares of the company’s stock valued at $2,092,000 after purchasing an additional 799 shares during the last quarter. 40.25% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several research firms recently commented on AS. Zacks Research downgraded Amer Sports from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 19th. Piper Sandler restated an “overweight” rating on shares of Amer Sports in a report on Friday, February 20th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $50.00 target price on shares of Amer Sports in a report on Wednesday. Weiss Ratings upgraded Amer Sports from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, April 27th. Finally, Truist Financial set a $49.00 target price on Amer Sports in a report on Wednesday, February 25th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $47.18.
Amer Sports Stock Down 1.5%
Shares of NYSE:AS opened at $32.83 on Friday. The stock has a market cap of $18.18 billion, a P/E ratio of 43.77, a PEG ratio of 1.32 and a beta of 2.16. The company has a quick ratio of 0.76, a current ratio of 1.50 and a debt-to-equity ratio of 0.25. Amer Sports, Inc. has a 52-week low of $28.92 and a 52-week high of $42.76. The business has a fifty day moving average of $34.26 and a two-hundred day moving average of $35.78.
Amer Sports (NYSE:AS – Get Free Report) last released its quarterly earnings results on Tuesday, February 24th. The company reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.04. The business had revenue of $2.10 billion during the quarter, compared to analysts’ expectations of $1.99 billion. Amer Sports had a return on equity of 9.74% and a net margin of 6.51%.The company’s revenue was up 28.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.17 EPS. Amer Sports has set its FY 2026 guidance at 1.100-1.150 EPS and its Q1 2026 guidance at 0.280-0.300 EPS. On average, research analysts expect that Amer Sports, Inc. will post 1.16 earnings per share for the current year.
Insiders Place Their Bets
In other news, CFO Andrew E. Page sold 6,005 shares of the stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $36.26, for a total transaction of $217,741.30. Following the completion of the transaction, the chief financial officer directly owned 11,828 shares in the company, valued at approximately $428,883.28. This represents a 33.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Stuart Haselden sold 11,438 shares of the stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $36.26, for a total value of $414,741.88. Following the transaction, the chief executive officer owned 15,275 shares of the company’s stock, valued at approximately $553,871.50. This represents a 42.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 27,125 shares of company stock valued at $956,673.
About Amer Sports
Amer Sports (NYSE:AS) is a Helsinki-based sporting goods group that designs, develops and markets performance-oriented equipment, apparel and footwear across multiple sports. The company focuses on product innovation, brand-driven marketing and global distribution to serve athletes and outdoor enthusiasts, offering goods for activities such as skiing, running, hiking, tennis, golf and diving.
Amer Sports’ portfolio comprises well-known sports and outdoor brands, including Salomon (outdoor footwear and winter sports), Atomic (alpine skis and ski equipment), Arc’teryx (technical outerwear and climbing gear), Wilson (racquet and ball sports equipment) and Suunto (precision instruments and sports watches).
Featured Articles
- Five stocks we like better than Amer Sports
- Viking Sails to All-Time Highs—Fundamentals Signal More to Come
- Datavalut Gains Traction: 5 Reasons to Sell Now
- TMC Stock: Why This Pre-Revenue Miner Is Worth Watching
- The Power Grid Is Dying—Is It Time to Buy Its Replacement?
Want to see what other hedge funds are holding AS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amer Sports, Inc. (NYSE:AS – Free Report).
Receive News & Ratings for Amer Sports Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amer Sports and related companies with MarketBeat.com's FREE daily email newsletter.
