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

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

Several other hedge funds have also modified their holdings of the company. Park Avenue Securities LLC bought a new position in shares of Amer Sports during the 4th quarter valued at approximately $385,000. JPMorgan Chase & Co. raised its stake in Amer Sports by 9.3% during the third quarter. JPMorgan Chase & Co. now owns 684,783 shares of the company’s stock valued at $23,796,000 after purchasing an additional 58,350 shares in the last quarter. Polar Asset Management Partners Inc. purchased a new stake in Amer Sports during the third quarter valued at $2,519,000. Caitong International Asset Management Co. Ltd lifted its position in Amer Sports by 484.8% during the third quarter. Caitong International Asset Management Co. Ltd now owns 848 shares of the company’s stock valued at $29,000 after purchasing an additional 703 shares during the last quarter. Finally, Stance Capital LLC bought a new position in Amer Sports during the third quarter valued at $1,284,000. 40.25% of the stock is owned by hedge funds and other institutional investors.

Amer Sports Stock Performance

Amer Sports stock opened at $31.46 on Monday. 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 firm has a market capitalization of $17.43 billion, a P/E ratio of 41.95, a price-to-earnings-growth ratio of 1.25 and a beta of 2.80. Amer Sports, Inc. has a 1-year low of $20.21 and a 1-year high of $42.76. The company’s 50-day moving average is $36.48 and its 200 day moving average is $35.56.

Amer Sports (NYSE:AS) last announced its earnings results 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 business had revenue of $2.10 billion during the quarter, compared to analyst estimates of $1.99 billion. Amer Sports had a return on equity of 9.74% and a net margin of 6.51%.The company’s revenue for the quarter was up 28.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $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. Research analysts forecast that Amer Sports, Inc. will post 0.46 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have recently weighed in on AS shares. UBS Group restated a “buy” rating on shares of Amer Sports in a report on Friday, March 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Amer Sports in a report on Monday, December 29th. Truist Financial set a $49.00 price target on Amer Sports in a research report on Wednesday, February 25th. Evercore upped their price objective on Amer Sports from $50.00 to $51.00 and gave the company an “outperform” rating in a research report on Wednesday, February 25th. Finally, Barclays started coverage on Amer Sports in a research note on Tuesday, December 9th. They issued an “overweight” rating and a $49.00 price objective for the company. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $47.12.

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).