Sterling Capital Management LLC Purchases 20,497 Shares of Amer Sports, Inc. $AS

Posted by Brenda Bartman on Jul 1st, 2026

Sterling Capital Management LLC raised its holdings in shares of Amer Sports, Inc. (NYSE:AS – Free Report) by 232.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 29,322 shares of the company’s stock after acquiring an additional 20,497 shares during the quarter. Sterling Capital Management LLC’s holdings in Amer Sports were worth $965,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. AQR Capital Management LLC bought a new position in shares of Amer Sports in the first quarter worth about $565,000. Goldman Sachs Group Inc. raised its stake in Amer Sports by 44.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,173,674 shares of the company’s stock valued at $31,372,000 after purchasing an additional 358,536 shares during the period. Legal & General Group Plc lifted its holdings in Amer Sports by 103.2% in the 2nd quarter. Legal & General Group Plc now owns 16,404 shares of the company’s stock worth $636,000 after purchasing an additional 8,330 shares in the last quarter. American Century Companies Inc. purchased a new position in Amer Sports in the 2nd quarter worth approximately $472,000. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in Amer Sports by 276.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,364 shares of the company’s stock worth $130,000 after purchasing an additional 2,470 shares during the period. 40.25% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft set a $52.00 price objective on shares of Amer Sports in a research report on Wednesday, May 20th. UBS Group raised their target price on shares of Amer Sports from $60.00 to $62.00 and gave the company a “buy” rating in a research note on Wednesday, May 20th. Truist Financial lifted their price target on shares of Amer Sports from $49.00 to $50.00 and gave the company a “buy” rating in a report on Tuesday, May 19th. Weiss Ratings upgraded shares of Amer Sports from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, April 27th. Finally, Robert W. Baird set a $51.00 price objective on shares of Amer Sports in a report on Wednesday, May 20th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $48.70.

Get Our Latest Research Report on AS

Amer Sports Stock Up 1.7%

NYSE AS opened at $33.88 on Wednesday. The stock has a 50 day moving average price of $35.09 and a 200-day moving average price of $36.08. Amer Sports, Inc. has a one year low of $28.92 and a one year high of $42.76. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.82 and a current ratio of 1.66. The company has a market capitalization of $18.76 billion, a P/E ratio of 42.35, a P/E/G ratio of 1.16 and a beta of 2.05.

Amer Sports (NYSE:AS – Get Free Report) last announced its quarterly earnings results on Tuesday, May 19th. The company reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.07. The company had revenue of $1.95 billion for the quarter, compared to analysts’ expectations of $1.84 billion. Amer Sports had a net margin of 6.50% and a return on equity of 10.29%. Amer Sports’s quarterly revenue was up 32.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.27 earnings per share. Amer Sports has set its FY 2026 guidance at 1.180-1.230 EPS. As a group, equities analysts predict that Amer Sports, Inc. will post 1.22 EPS for the current fiscal year.

Insider Buying and Selling at Amer Sports

In other news, CEO Stuart Haselden sold 215,275 shares of the company’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $35.57, for a total transaction of $7,657,331.75. Following the sale, the chief executive officer directly owned 215,275 shares in the company, valued at approximately $7,657,331.75. This represents a 50.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Andrew E. Page sold 105,230 shares of the company’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $36.75, for a total transaction of $3,867,202.50. Following the sale, the chief financial officer owned 4,083 shares in the company, valued at $150,050.25. This represents a 96.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 860,705 shares of company stock valued at $30,156,939.

About Amer Sports

(Free Report)

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).