Edgestream Partners L.P. Acquires 38,030 Shares of Acushnet $GOLF

Posted by Brian Himes on Jul 31st, 2026

Edgestream Partners L.P. grew its holdings in shares of Acushnet (NYSE:GOLF – Free Report) by 106.5% during the 1st quarter, HoldingsChannel reports. The fund owned 73,742 shares of the company’s stock after acquiring an additional 38,030 shares during the quarter. Edgestream Partners L.P.’s holdings in Acushnet were worth $6,893,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. Millstone Evans Group LLC raised its position in Acushnet by 170.2% in the 1st quarter. Millstone Evans Group LLC now owns 281 shares of the company’s stock worth $26,000 after purchasing an additional 177 shares during the period. Brown Brothers Harriman & Co. boosted its position in Acushnet by 389.6% during the third quarter. Brown Brothers Harriman & Co. now owns 328 shares of the company’s stock valued at $26,000 after buying an additional 261 shares during the period. Kelleher Financial Advisors purchased a new stake in Acushnet during the third quarter valued at about $28,000. EverSource Wealth Advisors LLC grew its stake in shares of Acushnet by 149.7% during the second quarter. EverSource Wealth Advisors LLC now owns 492 shares of the company’s stock valued at $36,000 after buying an additional 295 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of Acushnet by 416.3% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 635 shares of the company’s stock valued at $50,000 after buying an additional 512 shares during the last quarter. 53.12% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on GOLF shares. JPMorgan Chase & Co. boosted their target price on Acushnet from $96.00 to $118.00 and gave the company a “neutral” rating in a research note on Friday, June 26th. Weiss Ratings upgraded Acushnet from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, July 24th. Truist Financial lifted their price target on Acushnet from $95.00 to $97.00 and gave the stock a “hold” rating in a research note on Tuesday, May 19th. Finally, Roth Capital set a $87.00 price objective on Acushnet in a research report on Thursday, May 7th. One equities research analyst has rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $97.83.

Check Out Our Latest Stock Analysis on GOLF

Insider Activity at Acushnet

In other news, insider Nicholas N. Mohamed sold 529 shares of Acushnet stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $95.00, for a total value of $50,255.00. Following the sale, the insider directly owned 2,868 shares in the company, valued at approximately $272,460. This trade represents a 15.57% 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, 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 completion of the sale, the insider owned 70,512 shares in the company, valued at approximately $6,434,925.12. This represents a 17.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 53.30% of the company’s stock.

Acushnet Price Performance

GOLF stock opened at $100.49 on Friday. The stock has a market capitalization of $5.88 billion, a price-to-earnings ratio of 35.38 and a beta of 0.80. The firm’s 50-day moving average price is $103.89 and its two-hundred day moving average price is $98.23. The company has a current ratio of 2.87, a quick ratio of 1.59 and a debt-to-equity ratio of 1.36. Acushnet has a 12-month low of $73.09 and a 12-month high of $119.65.

Acushnet (NYSE:GOLF – Get Free Report) last posted its earnings results on Wednesday, May 6th. The company reported $1.36 earnings per share for the quarter, missing analysts’ consensus estimates of $1.38 by ($0.02). The firm had revenue of $752.98 million for the quarter, compared to analysts’ expectations of $722.48 million. Acushnet had a return on equity of 22.95% and a net margin of 6.54%.The business’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.62 earnings per share. As a group, equities analysts predict that Acushnet will post 3.75 earnings per share for the current year.

Acushnet Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 22nd. Shareholders of record on Friday, June 5th were given a dividend of $0.255 per share. The ex-dividend date of this dividend was Friday, June 5th. This represents a $1.02 dividend on an annualized basis and a yield of 1.0%. Acushnet’s dividend payout ratio is presently 35.92%.

About Acushnet

(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.