19,781 Shares in Amer Sports, Inc. $AS Acquired by Banco Santander S.A.

Banco Santander S.A. bought a new stake in shares of Amer Sports, Inc. (NYSE:AS) during the third quarter, Holdings Channel.com reports. The fund bought 19,781 shares of the company’s stock, valued at approximately $687,000.

Several other institutional investors have also recently made changes to their positions in the stock. Qube Research & Technologies Ltd boosted its holdings in shares of Amer Sports by 139.9% in the second quarter. Qube Research & Technologies Ltd now owns 3,887,480 shares of the company’s stock worth $150,679,000 after acquiring an additional 2,267,066 shares during the period. Viking Global Investors LP lifted its holdings in Amer Sports by 64.8% during the 2nd quarter. Viking Global Investors LP now owns 3,880,649 shares of the company’s stock worth $150,414,000 after purchasing an additional 1,526,314 shares in the last quarter. Marshall Wace LLP lifted its holdings in Amer Sports by 32.5% during the 2nd quarter. Marshall Wace LLP now owns 3,747,775 shares of the company’s stock worth $145,264,000 after purchasing an additional 918,361 shares in the last quarter. WT Asset Management Ltd boosted its stake in Amer Sports by 221.5% in the 3rd quarter. WT Asset Management Ltd now owns 3,499,062 shares of the company’s stock worth $121,592,000 after purchasing an additional 2,410,861 shares during the period. Finally, Scopus Asset Management L.P. purchased a new position in Amer Sports during the 2nd quarter valued at about $108,562,000. Hedge funds and other institutional investors own 40.25% of the company’s stock.

Amer Sports Trading Down 2.2%

Shares of AS opened at $37.84 on Friday. Amer Sports, Inc. has a 1-year low of $20.21 and a 1-year high of $42.76. The company has a market capitalization of $20.96 billion, a P/E ratio of 50.45, a P/E/G ratio of 1.51 and a beta of 2.86. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.50 and a quick ratio of 0.70. The firm’s 50 day simple moving average is $38.13 and its 200 day simple moving average is $36.25.

Amer Sports (NYSE:AS) last released its quarterly earnings results on Tuesday, February 24th. The company reported $0.31 EPS 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 net margin of 6.51% and a return on equity of 9.74%. The business’s quarterly revenue was up 28.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $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. Sell-side analysts forecast that Amer Sports, Inc. will post 0.46 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on AS shares. UBS Group increased their price target on shares of Amer Sports from $58.00 to $60.00 and gave the stock a “buy” rating in a report on Tuesday, February 10th. Nomura set a $39.80 target price on shares of Amer Sports and gave the stock a “buy” rating in a report on Tuesday, November 18th. Piper Sandler reiterated an “overweight” rating on shares of Amer Sports in a research note on Friday, February 20th. Weiss Ratings reissued a “hold (c)” rating on shares of Amer Sports in a report on Monday, December 29th. Finally, Zacks Research lowered shares of Amer Sports from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 19th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $47.12.

Amer Sports Profile

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).