Divisadero Street Capital Management LP Has $14.37 Million Stock Holdings in Amer Sports, Inc. $AS

Divisadero Street Capital Management LP boosted its stake in Amer Sports, Inc. (NYSE:AS) by 37.8% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 413,533 shares of the company’s stock after buying an additional 113,533 shares during the period. Divisadero Street Capital Management LP’s holdings in Amer Sports were worth $14,370,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of AS. SBI Securities Co. Ltd. lifted its position in Amer Sports by 146.4% during the second quarter. SBI Securities Co. Ltd. now owns 897 shares of the company’s stock worth $35,000 after acquiring an additional 533 shares during the last quarter. Financial Consulate Inc. bought a new stake in shares of Amer Sports during the third quarter worth approximately $40,000. PNC Financial Services Group Inc. grew its position in shares of Amer Sports by 241.6% in the third quarter. PNC Financial Services Group Inc. now owns 1,199 shares of the company’s stock valued at $42,000 after purchasing an additional 848 shares during the last quarter. Pacer Advisors Inc. bought a new position in shares of Amer Sports during the third quarter worth approximately $44,000. Finally, Smartleaf Asset Management LLC increased its stake in shares of Amer Sports by 174.3% during the second 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 during the period. 40.25% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently issued reports on AS shares. Wells Fargo & Company boosted their price target on Amer Sports from $40.00 to $45.00 and gave the company an “overweight” rating in a research note on Tuesday, December 16th. Nomura set a $39.80 price objective on Amer Sports and gave the stock a “buy” rating in a research report on Tuesday, November 18th. Evercore boosted their target price on shares of Amer Sports from $50.00 to $51.00 and gave the company an “outperform” rating in a research report on Wednesday, February 25th. JPMorgan Chase & Co. decreased their price target on shares of Amer Sports from $53.00 to $50.00 and set an “overweight” rating on the stock in a research note on Monday, November 17th. Finally, Deutsche Bank Aktiengesellschaft set a $49.00 price target on shares of Amer Sports in a research report on Thursday, January 8th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $47.12.

Amer Sports Price Performance

Amer Sports stock opened at $32.32 on Monday. The firm has a market cap of $17.90 billion, a PE ratio of 43.10, a price-to-earnings-growth ratio of 1.29 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 stock’s fifty day moving average price is $37.53 and its two-hundred day moving average price is $35.94. Amer Sports, Inc. has a one year low of $20.21 and a one year high of $42.76.

Amer Sports (NYSE:AS) last released its earnings results on Tuesday, February 24th. The company reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.04. The firm 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 revenue was up 28.5% compared to the same quarter last year. During the same period in the prior year, the company 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. As a group, research analysts expect that Amer Sports, Inc. will post 0.46 EPS for the current fiscal year.

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).