72,501 Shares in Amer Sports, Inc. $AS Bought by Polar Asset Management Partners Inc.

Polar Asset Management Partners Inc. bought a new stake in shares of Amer Sports, Inc. (NYSE:AS) during the 3rd quarter, Holdings Channel reports. The firm bought 72,501 shares of the company’s stock, valued at approximately $2,519,000.

Several other hedge funds have also bought and sold shares of AS. Caitong International Asset Management Co. Ltd increased its position in Amer Sports by 484.8% in the third quarter. Caitong International Asset Management Co. Ltd now owns 848 shares of the company’s stock worth $29,000 after buying an additional 703 shares in the last quarter. Financial Consulate Inc. purchased a new position in shares of Amer Sports during the 3rd quarter valued at about $40,000. PNC Financial Services Group Inc. lifted its position in shares of Amer Sports by 241.6% during the 3rd 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 in the last quarter. Pacer Advisors Inc. bought a new position in shares of Amer Sports during the 3rd quarter valued at approximately $44,000. Finally, Smartleaf Asset Management LLC grew its stake in shares of Amer Sports by 174.3% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,591 shares of the company’s stock valued at $63,000 after acquiring an additional 1,011 shares during the period. Institutional investors own 40.25% of the company’s stock.

Amer Sports Price Performance

Shares of NYSE:AS opened at $32.67 on Friday. The firm has a market cap of $18.10 billion, a price-to-earnings ratio of 43.57, a P/E/G ratio of 1.33 and a beta of 2.80. The firm has a fifty day moving average price of $37.13 and a 200 day moving average price of $35.81. Amer Sports, Inc. has a fifty-two week low of $20.21 and a fifty-two week high of $42.76. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.76 and a current ratio of 1.50.

Amer Sports (NYSE:AS) last announced its quarterly earnings results on Tuesday, February 24th. The company reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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%. Amer Sports’s revenue for the quarter was up 28.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $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. As a group, sell-side analysts expect that Amer Sports, Inc. will post 0.46 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have weighed in on AS. Evercore upped their price target on shares of Amer Sports from $50.00 to $51.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 25th. Barclays started coverage on Amer Sports in a research note on Tuesday, December 9th. They issued an “overweight” rating and a $49.00 price target for the company. Zacks Research downgraded Amer Sports from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 19th. Wells Fargo & Company upped their price objective on Amer Sports from $40.00 to $45.00 and gave the stock an “overweight” rating in a research note on Tuesday, December 16th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Amer Sports in a research report on Monday, December 29th. Two equities research 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 company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $47.12.

Amer Sports Company 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).