Amer Sports, Inc. $AS Stock Position Reduced by Quantbot Technologies LP

Quantbot Technologies LP trimmed its position in Amer Sports, Inc. (NYSE:AS) by 39.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund 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 as of its most recent filing with the Securities and Exchange Commission.

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

Wall Street Analyst Weigh In

Several research firms recently weighed in on AS. Zacks Research lowered shares of Amer Sports from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 19th. Evercore lifted their target price on Amer Sports from $50.00 to $51.00 and gave the company an “outperform” rating in a research note on Wednesday. JPMorgan Chase & Co. cut their price target on Amer Sports from $53.00 to $50.00 and set an “overweight” rating on the stock in a report on Monday, November 17th. Weiss Ratings restated a “hold (c)” rating on shares of Amer Sports in a research report on Monday, December 29th. Finally, Truist Financial set a $49.00 target price on Amer Sports in a research report on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $47.12.

Amer Sports Stock Performance

Shares of AS stock opened at $37.84 on Friday. Amer Sports, Inc. has a 12-month low of $20.21 and a 12-month high of $42.76. 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 has a market capitalization of $20.96 billion, a price-to-earnings ratio of 50.45, a price-to-earnings-growth ratio of 1.54 and a beta of 2.86. The business has a 50 day simple moving average of $38.13 and a 200 day simple moving average of $36.25.

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, topping analysts’ consensus estimates of $0.27 by $0.04. Amer Sports had a return on equity of 9.74% and a net margin of 6.51%.The company had revenue of $2.10 billion during the quarter, compared to analyst estimates of $1.99 billion. During the same quarter in the previous year, the firm posted $0.17 EPS. The firm’s quarterly revenue was up 28.5% on a year-over-year basis. 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. On average, equities research analysts anticipate that Amer Sports, Inc. will post 0.46 EPS for the current year.

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).