BW Gestao de Investimentos Ltda. Invests $2.78 Million in Amer Sports, Inc. $AS

BW Gestao de Investimentos Ltda. acquired a new stake in Amer Sports, Inc. (NYSE:AS) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund acquired 80,000 shares of the company’s stock, valued at approximately $2,780,000.

A number of other institutional investors also recently modified their holdings of AS. SBI Securities Co. Ltd. grew its holdings in Amer Sports by 146.4% in 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 period. Handelsbanken Fonder AB raised its holdings in shares of Amer Sports by 2.0% during the third quarter. Handelsbanken Fonder AB now owns 35,300 shares of the company’s stock valued at $1,227,000 after purchasing an additional 700 shares during the period. Mitchell Capital Management Co. raised its holdings in shares of Amer Sports by 1.3% during the third quarter. Mitchell Capital Management Co. now owns 60,188 shares of the company’s stock valued at $2,092,000 after purchasing an additional 799 shares during the period. PNC Financial Services Group Inc. boosted its position in shares of Amer Sports by 241.6% during the 3rd 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 in the last quarter. Finally, Smartleaf Asset Management LLC boosted its position in shares of Amer Sports by 174.3% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,591 shares of the company’s stock worth $63,000 after purchasing an additional 1,011 shares in the last quarter. Institutional investors and hedge funds own 40.25% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. JPMorgan Chase & Co. decreased their target price on Amer Sports from $53.00 to $50.00 and set an “overweight” rating for the company in a research report on Monday, November 17th. Barclays started coverage on Amer Sports in a report on Tuesday, December 9th. They issued an “overweight” rating and a $49.00 price target on the stock. UBS Group raised their price objective on Amer Sports from $58.00 to $60.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. Wells Fargo & Company boosted their price objective on Amer Sports from $40.00 to $45.00 and gave the company an “overweight” rating in a report on Tuesday, December 16th. Finally, Zacks Research lowered Amer Sports from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 19th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $47.12.

Amer Sports Trading Up 0.3%

AS opened at $34.09 on Tuesday. Amer Sports, Inc. has a fifty-two week low of $20.21 and a fifty-two week high of $42.76. The firm has a market capitalization of $18.88 billion, a PE ratio of 45.46, a P/E/G 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 50-day moving average is $37.87 and its 200 day moving average is $36.16.

Amer Sports (NYSE:AS) last released its quarterly earnings results on Tuesday, February 24th. The company reported $0.31 earnings per share (EPS) for the quarter, beating 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 return on equity of 9.74% and a net margin of 6.51%.The company’s quarterly revenue was up 28.5% on a year-over-year basis. During the same quarter 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. As a group, research analysts predict that Amer Sports, Inc. will post 0.46 earnings per share for the current fiscal 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).