SG Americas Securities LLC Acquires 266,274 Shares of Amer Sports, Inc. $AS

SG Americas Securities LLC grew its stake in shares of Amer Sports, Inc. (NYSE:AS) by 4,787.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 271,836 shares of the company’s stock after purchasing an additional 266,274 shares during the quarter. SG Americas Securities LLC’s holdings in Amer Sports were worth $10,153,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd increased its stake in Amer Sports by 484.8% in the 3rd 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 during the period. Financial Consulate Inc. purchased a new stake in Amer Sports in the 3rd quarter valued at about $40,000. PNC Financial Services Group Inc. boosted its position in Amer Sports by 241.6% in 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 during the period. Pacer Advisors Inc. bought a new position in Amer Sports in the 3rd quarter worth about $44,000. Finally, Smartleaf Asset Management LLC grew its stake in Amer Sports by 174.3% in the 2nd quarter. Smartleaf Asset Management LLC now owns 1,591 shares of the company’s stock worth $63,000 after acquiring an additional 1,011 shares in the last quarter. 40.25% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on AS shares. Barclays assumed coverage on shares of Amer Sports in a research note on Tuesday, December 9th. They set an “overweight” rating and a $49.00 price target for the company. UBS Group restated a “buy” rating on shares of Amer Sports in a report on Friday, March 13th. Evercore lifted their target price on Amer Sports from $50.00 to $51.00 and gave the company an “outperform” rating in a research report on Wednesday, February 25th. Deutsche Bank Aktiengesellschaft set a $49.00 target price on Amer Sports in a report on Thursday, January 8th. Finally, Zacks Research downgraded Amer Sports from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 19th. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Amer Sports currently has an average rating of “Buy” and a consensus price target of $47.12.

Amer Sports Price Performance

Shares of AS opened at $31.46 on Monday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.76 and a current ratio of 1.50. The company has a 50 day moving average price of $36.48 and a 200-day moving average price of $35.56. Amer Sports, Inc. has a fifty-two week low of $20.21 and a fifty-two week high of $42.76. The stock has a market capitalization of $17.43 billion, a PE ratio of 41.95, a PEG ratio of 1.25 and a beta of 2.80.

Amer Sports (NYSE:AS) last issued its quarterly earnings data 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 analyst estimates 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 was up 28.5% compared to the same quarter last year. During the same period last year, the company posted $0.17 earnings per share. 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. Equities analysts predict that Amer Sports, Inc. will post 0.46 earnings per share for the current fiscal 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).