Acushnet (NYSE:GOLF – Get Free Report) announced its earnings results on Thursday. The company reported $2.08 EPS for the quarter, beating analysts’ consensus estimates of $1.63 by $0.45, FiscalAI reports. The firm had revenue of $819.95 million for the quarter, compared to analysts’ expectations of $788.24 million. Acushnet had a return on equity of 27.98% and a net margin of 8.12%.Acushnet’s quarterly revenue was up 13.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.25 EPS.
Here are the key takeaways from Acushnet’s conference call:
- Strong second-quarter performance: Net sales rose 14% to $820 million, while Adjusted EBITDA increased 46%, driven by momentum in Titleist golf equipment, particularly the GTS metals launch.
- Acushnet raised its full-year outlook to $2.65 billion–$2.675 billion in sales and $450 million–$470 million in Adjusted EBITDA, supported by continued strength in Titleist equipment and healthy golf participation.
- Management expects second-half sales to decline by low single digits and Adjusted EBITDA to fall year over year, especially in the fourth quarter, because the accelerated GTS launch shifted significant club sales into the second quarter.
- The company is investing in golf-ball manufacturing, club assembly, customization, automation, and technology platforms; capacity is near full utilization, with further cast-urethane expansion planned over the next one to two years.
- Wearables remain soft in Japan and Korea, while higher synthetic rubber, tungsten, freight, and other supplier costs are expected to offset much of the benefit from lower projected tariff expense and refunds.
Acushnet Trading Down 0.1%
Shares of NYSE GOLF traded down $0.12 during trading on Friday, hitting $93.72. 501,824 shares of the company traded hands, compared to its average volume of 318,916. The firm has a market capitalization of $5.49 billion, a P/E ratio of 25.54 and a beta of 0.81. The company has a quick ratio of 1.59, a current ratio of 2.55 and a debt-to-equity ratio of 1.01. The company has a 50-day moving average price of $105.13 and a 200-day moving average price of $98.55. Acushnet has a 1 year low of $73.09 and a 1 year high of $119.65.
Acushnet Dividend Announcement
Analyst Upgrades and Downgrades
A number of research analysts have issued reports on the stock. Weiss Ratings upgraded shares of Acushnet from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, July 24th. Truist Financial raised their target price on shares of Acushnet from $95.00 to $97.00 and gave the stock a “hold” rating in a research report on Tuesday, May 19th. JPMorgan Chase & Co. lifted their target price on shares of Acushnet from $96.00 to $118.00 and gave the stock a “neutral” rating in a research note on Friday, June 26th. Finally, Roth Capital reiterated a “neutral” rating and issued a $95.00 price target on shares of Acushnet in a report on Friday. One investment analyst has rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $99.17.
Read Our Latest Research Report on Acushnet
Key Acushnet News
Here are the key news stories impacting Acushnet this week:
- Positive Sentiment: Acushnet earned $2.08 per share, well above the $1.63 analyst consensus, while revenue rose 13.8% year over year to $819.95 million, exceeding estimates of $788.24 million. Earnings also increased from $1.25 per share in the year-ago quarter. Acushnet Second Quarter 2026 Financial Results
- Positive Sentiment: Management outlined 2026 sales of approximately $2.65 billion to $2.675 billion and adjusted EBITDA of $450 million to $470 million. Coverage highlighted strong performance from the Titleist golf-club business and an improved outlook. Acushnet 2026 Sales and EBITDA Outlook
- Positive Sentiment: The company declared a quarterly dividend of $0.255 per share, payable September 18 to shareholders of record September 4. The dividend implies an annualized payout of $1.02 and a yield of about 1.1%. Acushnet Dividend Announcement
- Neutral Sentiment: Although the quarterly numbers were strong, the reported full-year sales outlook is broadly in line with analyst expectations near $2.7 billion, limiting the potential for a major upward revision to forecasts. The stock’s valuation, at roughly 33 times earnings, may also leave less room for disappointment.
- Negative Sentiment: The shares remain below their 50-day moving average, suggesting investors may be taking profits or focusing on whether the forward guidance can justify the premium valuation despite the earnings beat.
Insiders Place Their Bets
In related news, insider Steven Francis Pelisek sold 15,000 shares of the stock in a transaction 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 directly owned 70,512 shares in the company, valued at approximately $6,434,925.12. This represents a 17.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Nicholas N. Mohamed sold 529 shares of the business’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $95.00, for a total value of $50,255.00. Following the transaction, the insider owned 2,868 shares in the company, valued at approximately $272,460. This represents a 15.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 53.30% of the company’s stock.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. Steward Partners Investment Advisory LLC increased its position in Acushnet by 2.4% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 5,779 shares of the company’s stock valued at $461,000 after acquiring an additional 135 shares during the period. Janney Montgomery Scott LLC raised its stake in Acushnet by 6.4% during the 4th quarter. Janney Montgomery Scott LLC now owns 3,995 shares of the company’s stock valued at $319,000 after acquiring an additional 242 shares in the last quarter. Brown Brothers Harriman & Co. raised its stake in Acushnet by 389.6% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 328 shares of the company’s stock valued at $26,000 after acquiring an additional 261 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in Acushnet by 149.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 492 shares of the company’s stock worth $36,000 after acquiring an additional 295 shares during the period. Finally, Amundi grew its position in Acushnet by 7.0% in the 3rd quarter. Amundi now owns 4,770 shares of the company’s stock valued at $386,000 after buying an additional 314 shares in the last quarter. 53.12% of the stock is currently owned by hedge funds and other institutional investors.
Acushnet Company Profile
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.
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