Amer Sports, Inc. $AS Holdings Lifted by Tabor Asset Management LP

Tabor Asset Management LP increased its holdings in Amer Sports, Inc. (NYSE:AS) by 15.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 152,359 shares of the company’s stock after acquiring an additional 19,994 shares during the period. Amer Sports comprises about 3.2% of Tabor Asset Management LP’s holdings, making the stock its 13th largest holding. Tabor Asset Management LP’s holdings in Amer Sports were worth $5,294,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Scopus Asset Management L.P. purchased a new position in Amer Sports during the second quarter valued at approximately $108,562,000. WT Asset Management Ltd increased its stake in shares of Amer Sports by 221.5% in the third quarter. WT Asset Management Ltd now owns 3,499,062 shares of the company’s stock worth $121,592,000 after acquiring an additional 2,410,861 shares during the last quarter. Qube Research & Technologies Ltd raised its holdings in shares of Amer Sports by 139.9% during 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 in the last quarter. Balyasny Asset Management L.P. acquired a new stake in Amer Sports during the second quarter valued at $87,287,000. Finally, BNP Paribas Financial Markets increased its position in Amer Sports by 244.5% in the 2nd quarter. BNP Paribas Financial Markets now owns 2,533,612 shares of the company’s stock worth $98,203,000 after purchasing an additional 1,798,170 shares during the last quarter. Institutional investors and hedge funds own 40.25% of the company’s stock.

Amer Sports Trading Up 0.3%

Shares of Amer Sports stock opened at $34.09 on Tuesday. Amer Sports, Inc. has a 52-week low of $20.21 and a 52-week high of $42.76. The firm has a market capitalization of $18.88 billion, a PE ratio of 45.46, a price-to-earnings-growth ratio of 1.35 and a beta of 2.80. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.50 and a quick ratio of 0.76. The company’s fifty day moving average price is $37.87 and its two-hundred day moving average price is $36.16.

Amer Sports (NYSE:AS) last issued its earnings results on Tuesday, February 24th. The company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.04. The business had revenue of $2.10 billion for the quarter, compared to analyst estimates of $1.99 billion. Amer Sports had a net margin of 6.51% and a return on equity of 9.74%. The firm’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. On average, analysts expect that Amer Sports, Inc. will post 0.46 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. Truist Financial set a $49.00 price target on Amer Sports in a report on Wednesday, February 25th. Barclays initiated coverage on shares of Amer Sports in a report on Tuesday, December 9th. They set an “overweight” rating and a $49.00 price target on the stock. Deutsche Bank Aktiengesellschaft set a $49.00 target price on shares of Amer Sports in a research report on Thursday, January 8th. UBS Group increased their price target on Amer Sports from $58.00 to $60.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Amer Sports from $53.00 to $50.00 and set an “overweight” rating for the company in a report on Monday, November 17th. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus 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).