Stance Capital LLC Makes New $1.28 Million Investment in Amer Sports, Inc. $AS

Stance Capital LLC bought a new stake in Amer Sports, Inc. (NYSE:ASFree Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 36,946 shares of the company’s stock, valued at approximately $1,284,000.

A number of other institutional investors have also made changes to their positions in AS. Viking Global Investors LP grew its holdings in Amer Sports by 63.5% during the 3rd quarter. Viking Global Investors LP now owns 6,343,481 shares of the company’s stock worth $220,436,000 after acquiring an additional 2,462,832 shares during the last quarter. Aspex Management HK Ltd bought a new position in shares of Amer Sports in the third quarter worth about $206,244,000. BNP Paribas Financial Markets raised its stake in shares of Amer Sports by 57.5% in the third quarter. BNP Paribas Financial Markets now owns 3,991,563 shares of the company’s stock worth $138,707,000 after acquiring an additional 1,457,951 shares during the last quarter. Qube Research & Technologies Ltd lifted its position 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 purchasing an additional 2,267,066 shares in the last quarter. Finally, Marshall Wace LLP lifted its position in shares of Amer Sports by 32.5% during the second quarter. Marshall Wace LLP now owns 3,747,775 shares of the company’s stock worth $145,264,000 after purchasing an additional 918,361 shares in the last quarter. 40.25% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

AS has been the topic of several research analyst reports. Zacks Research cut shares of Amer Sports from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 19th. UBS Group reaffirmed a “buy” rating on shares of Amer Sports in a report on Friday, March 13th. Deutsche Bank Aktiengesellschaft set a $49.00 price objective on Amer Sports in a research report on Thursday, January 8th. Weiss Ratings reissued a “hold (c)” rating on shares of Amer Sports in a research note on Monday, December 29th. Finally, Barclays initiated coverage on Amer Sports in a research note on Tuesday, December 9th. They set an “overweight” rating and a $49.00 price target on the stock. Two equities research 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 stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $47.12.

Get Our Latest Research Report on AS

Amer Sports Stock Down 1.1%

NYSE:AS opened at $33.29 on Thursday. The stock’s fifty day simple moving average is $37.26 and its 200-day simple moving average is $35.83. The firm has a market capitalization of $18.44 billion, a P/E ratio of 44.38, a P/E/G ratio of 1.34 and a beta of 2.80. The company has a quick ratio of 0.76, a current ratio of 1.50 and a debt-to-equity ratio of 0.25. Amer Sports, Inc. has a 12-month low of $20.21 and a 12-month high of $42.76.

Amer Sports (NYSE:ASGet Free Report) last released 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. Amer Sports had a return on equity of 9.74% and a net margin of 6.51%.The firm had revenue of $2.10 billion for the quarter, compared to analyst estimates of $1.99 billion. During the same quarter in the prior year, the firm posted $0.17 earnings per share. The company’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. Equities research analysts expect that Amer Sports, Inc. will post 0.46 earnings per share for the current year.

Amer Sports Company Profile

(Free Report)

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).

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Institutional Ownership by Quarter for Amer Sports (NYSE:AS)

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