Amer Sports, Inc. $AS Shares Sold by Quantbot Technologies LP

Quantbot Technologies LP lessened its stake in shares of Amer Sports, Inc. (NYSE:AS) by 39.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 232,760 shares of the company’s stock after selling 154,107 shares during the quarter. Quantbot Technologies LP’s holdings in Amer Sports were worth $8,088,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. boosted its stake in Amer Sports by 146.4% during the 2nd quarter. SBI Securities Co. Ltd. now owns 897 shares of the company’s stock valued at $35,000 after purchasing an additional 533 shares in the last quarter. Financial Consulate Inc. bought a new stake in shares of Amer Sports in the 3rd quarter worth $40,000. PNC Financial Services Group Inc. lifted its holdings in shares of Amer Sports by 241.6% in the third quarter. PNC Financial Services Group Inc. now owns 1,199 shares of the company’s stock valued at $42,000 after buying an additional 848 shares during the period. Pacer Advisors Inc. bought a new position in Amer Sports during the third quarter valued at about $44,000. Finally, Smartleaf Asset Management LLC boosted its stake in Amer Sports by 174.3% during the second quarter. Smartleaf Asset Management LLC now owns 1,591 shares of the company’s stock valued at $63,000 after buying an additional 1,011 shares in the last quarter. 40.25% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have commented on AS. UBS Group boosted their price target on shares of Amer Sports from $58.00 to $60.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Piper Sandler reissued an “overweight” rating on shares of Amer Sports in a research note on Friday, February 20th. Zacks Research lowered shares of Amer Sports from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 19th. Nomura set a $39.80 price objective on Amer Sports and gave the company a “buy” rating in a research report on Tuesday, November 18th. Finally, Truist Financial set a $49.00 price objective on Amer Sports in a research note on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Amer Sports presently has a consensus rating of “Buy” and an average price target of $47.12.

Amer Sports Trading Down 2.2%

Amer Sports stock opened at $37.84 on Friday. Amer Sports, Inc. has a 52 week low of $20.21 and a 52 week high of $42.76. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.70 and a current ratio of 1.50. The firm has a market capitalization of $20.96 billion, a price-to-earnings ratio of 50.45, a P/E/G ratio of 1.54 and a beta of 2.86. The company has a 50 day moving average price of $38.13 and a 200 day moving average price of $36.25.

Amer Sports (NYSE:AS) last announced its earnings results on Tuesday, February 24th. The company reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.04. The company had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $1.99 billion. Amer Sports had a net margin of 6.51% and a return on equity of 9.74%. The company’s revenue was up 28.5% on a year-over-year basis. During the same period in the previous year, the business 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. Research analysts forecast that Amer Sports, Inc. will post 0.46 EPS for the current year.

About Amer Sports

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).