Gotham Asset Management LLC Buys 62,003 Shares of Amer Sports, Inc. $AS

Gotham Asset Management LLC boosted its stake in Amer Sports, Inc. (NYSE:AS) by 6.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 977,309 shares of the company’s stock after buying an additional 62,003 shares during the period. Gotham Asset Management LLC’s holdings in Amer Sports were worth $33,961,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Focus Partners Wealth bought a new position in shares of Amer Sports in the 3rd quarter worth approximately $719,000. Divisadero Street Capital Management LP boosted its position in shares of Amer Sports by 37.8% during the third quarter. Divisadero Street Capital Management LP now owns 413,533 shares of the company’s stock valued at $14,370,000 after purchasing an additional 113,533 shares in the last quarter. Candlestick Capital Management LP boosted its position in shares of Amer Sports by 24.5% during the third quarter. Candlestick Capital Management LP now owns 3,568,381 shares of the company’s stock valued at $124,001,000 after purchasing an additional 702,091 shares in the last quarter. Cinctive Capital Management LP purchased a new stake in Amer Sports in the third quarter worth $863,000. Finally, Avala Global LP grew its stake in Amer Sports by 4.5% in the third quarter. Avala Global LP now owns 3,339,949 shares of the company’s stock worth $116,063,000 after purchasing an additional 142,900 shares during the period. 40.25% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have commented on the company. Piper Sandler reissued an “overweight” rating on shares of Amer Sports in a research report on Friday, February 20th. Nomura set a $39.80 target price on shares of Amer Sports and gave the stock a “buy” rating in a research report on Tuesday, November 18th. Evercore increased their price target on shares of Amer Sports from $50.00 to $51.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 25th. Zacks Research cut shares of Amer Sports from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 19th. Finally, 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 objective on the stock. Two equities research 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 stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $47.12.

Amer Sports Stock Up 3.8%

Shares of Amer Sports stock opened at $33.56 on Tuesday. Amer Sports, Inc. has a twelve month low of $20.21 and a twelve month high of $42.76. The company has a quick ratio of 0.76, a current ratio of 1.50 and a debt-to-equity ratio of 0.25. The company’s 50 day moving average is $37.46 and its 200 day moving average is $35.89. The company has a market cap of $18.58 billion, a price-to-earnings ratio of 44.74, a price-to-earnings-growth ratio of 1.29 and a beta of 2.80.

Amer Sports (NYSE:AS) last posted its earnings results on Tuesday, February 24th. The company reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.27 by $0.04. The business had revenue of $2.10 billion during 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%. The firm’s revenue was up 28.5% on a year-over-year basis. During the same quarter 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. 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).