Aspex Management HK Ltd Makes New $206.24 Million Investment in Amer Sports, Inc. $AS

Aspex Management HK Ltd acquired a new stake in shares of Amer Sports, Inc. (NYSE:AS) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 5,935,091 shares of the company’s stock, valued at approximately $206,244,000. Amer Sports accounts for about 4.4% of Aspex Management HK Ltd’s investment portfolio, making the stock its 9th biggest holding. Aspex Management HK Ltd owned approximately 1.07% of Amer Sports at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. BNP Paribas Financial Markets grew its position in Amer Sports by 57.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 3,991,563 shares of the company’s stock worth $138,707,000 after purchasing an additional 1,457,951 shares during the last quarter. Qube Research & Technologies Ltd increased its position in Amer Sports by 139.9% in the 2nd quarter. Qube Research & Technologies Ltd now owns 3,887,480 shares of the company’s stock valued at $150,679,000 after acquiring an additional 2,267,066 shares during the period. Viking Global Investors LP increased its position in Amer Sports by 64.8% in the 2nd quarter. Viking Global Investors LP now owns 3,880,649 shares of the company’s stock valued at $150,414,000 after acquiring an additional 1,526,314 shares during the period. Marshall Wace LLP raised its stake in Amer Sports by 32.5% during the 2nd quarter. Marshall Wace LLP now owns 3,747,775 shares of the company’s stock valued at $145,264,000 after acquiring an additional 918,361 shares in the last quarter. Finally, WT Asset Management Ltd boosted its position in Amer Sports by 221.5% during the 3rd quarter. WT Asset Management Ltd now owns 3,499,062 shares of the company’s stock worth $121,592,000 after acquiring an additional 2,410,861 shares during the period. Institutional investors own 40.25% of the company’s stock.

Amer Sports Trading Down 0.1%

Amer Sports stock opened at $32.32 on Friday. Amer Sports, Inc. has a one year low of $20.21 and a one year high of $42.76. The company’s fifty day moving average price is $37.53 and its two-hundred day moving average price is $36.01. 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 has a market capitalization of $17.90 billion, a price-to-earnings ratio of 43.10, a PEG ratio of 1.29 and a beta of 2.80.

Amer Sports (NYSE:AS) last announced its quarterly earnings results on Tuesday, February 24th. The company reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.04. Amer Sports had a return on equity of 9.74% and a net margin of 6.51%.The company had revenue of $2.10 billion during the quarter, compared to analysts’ expectations of $1.99 billion. During the same quarter in the previous year, the firm earned $0.17 earnings per share. The business’s quarterly revenue was up 28.5% compared to the same quarter last year. 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. On average, analysts forecast that Amer Sports, Inc. will post 0.46 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently issued reports on AS shares. Zacks Research cut 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. Nomura set a $39.80 target price on shares of Amer Sports and gave the company a “buy” rating in a research report on Tuesday, November 18th. Barclays started coverage on shares of Amer Sports in a research note on Tuesday, December 9th. They set an “overweight” rating and a $49.00 target price on the stock. Finally, Deutsche Bank Aktiengesellschaft set a $49.00 price target on shares of Amer Sports in a research note on Thursday, January 8th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $47.12.

Amer Sports 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).