Louisiana State Employees Retirement System Invests $1.14 Million in Acushnet $GOLF

Posted by Brian Himes on Jul 5th, 2026

Louisiana State Employees Retirement System bought a new position in shares of Acushnet (NYSE:GOLF – Free Report) in the first quarter, HoldingsChannel reports. The fund bought 12,200 shares of the company’s stock, valued at approximately $1,140,000.

Several other large investors have also recently bought and sold shares of the business. Royal Bank of Canada raised its stake in Acushnet by 6.6% in the first quarter. Royal Bank of Canada now owns 88,703 shares of the company’s stock valued at $6,090,000 after buying an additional 5,510 shares in the last quarter. AQR Capital Management LLC boosted its position in shares of Acushnet by 2.5% during the 1st quarter. AQR Capital Management LLC now owns 19,498 shares of the company’s stock worth $1,339,000 after acquiring an additional 475 shares in the last quarter. Integrated Wealth Concepts LLC increased its holdings in shares of Acushnet by 13.5% in the 1st quarter. Integrated Wealth Concepts LLC now owns 4,603 shares of the company’s stock valued at $316,000 after acquiring an additional 548 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Acushnet by 2.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,560 shares of the company’s stock valued at $1,137,000 after acquiring an additional 460 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its position in shares of Acushnet by 39.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 249,807 shares of the company’s stock worth $17,152,000 after acquiring an additional 70,095 shares in the last quarter. Hedge funds and other institutional investors own 53.12% of the company’s stock.

Analysts Set New Price Targets

GOLF has been the subject of several recent analyst reports. Weiss Ratings cut Acushnet from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, May 27th. JPMorgan Chase & Co. increased their price target on shares of Acushnet from $96.00 to $118.00 and gave the company a “neutral” rating in a research note on Friday, June 26th. Truist Financial raised their price objective on shares of Acushnet from $95.00 to $97.00 and gave the stock a “hold” rating in a report on Tuesday, May 19th. Finally, Roth Mkm set a $87.00 price objective on shares of Acushnet in a report on Thursday, May 7th. One analyst has rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $97.83.

Check Out Our Latest Analysis on Acushnet

Insider Buying and Selling

In related news, insider Nicholas N. Mohamed sold 529 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $95.00, for a total transaction of $50,255.00. Following the transaction, the insider owned 2,868 shares in the company, valued at $272,460. This trade represents a 15.57% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Steven Francis Pelisek sold 15,000 shares of Acushnet stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $91.26, for a total value of $1,368,900.00. Following the transaction, the insider directly owned 70,512 shares in the company, valued at approximately $6,434,925.12. This trade represents a 17.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 53.30% of the company’s stock.

Acushnet Stock Performance

NYSE GOLF opened at $117.61 on Friday. The company has a debt-to-equity ratio of 1.36, a current ratio of 2.87 and a quick ratio of 1.59. Acushnet has a 1 year low of $73.09 and a 1 year high of $119.36. The company has a market capitalization of $6.89 billion, a PE ratio of 41.41 and a beta of 0.80. The company has a fifty day moving average of $96.71 and a two-hundred day moving average of $94.64.

Acushnet (NYSE:GOLF – Get Free Report) last posted its earnings results on Wednesday, May 6th. The company reported $1.36 EPS for the quarter, missing analysts’ consensus estimates of $1.38 by ($0.02). Acushnet had a return on equity of 22.95% and a net margin of 6.54%.The firm had revenue of $752.98 million for the quarter, compared to analyst estimates of $722.48 million. During the same quarter last year, the firm posted $1.62 EPS. The firm’s revenue for the quarter was up 7.1% on a year-over-year basis. As a group, analysts expect that Acushnet will post 3.82 earnings per share for the current year.

Acushnet Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 22nd. Investors of record on Friday, June 5th were paid a dividend of $0.255 per share. This represents a $1.02 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Friday, June 5th. Acushnet’s dividend payout ratio (DPR) is currently 35.92%.

Acushnet Company Profile

(Free Report)

Acushnet Holdings Corp., traded on the NYSE under the symbol GOLF, is a leading designer, manufacturer and marketer of golf equipment, footwear, apparel and accessories. The company’s portfolio encompasses a range of golf lifestyle products, with a focus on innovation, performance and quality for players of all skill levels.

At the core of Acushnet’s product lineup is the Titleist brand, globally recognized for its Tour-level golf balls and precision-engineered clubs. FootJoy offers golf shoes, gloves and apparel that blend comfort, style and technical performance, while Scotty Cameron putters and Vokey design wedges cater to players seeking exacting standards in feel and accuracy.