Junto Capital Management LP Decreases Stake in Amer Sports, Inc. $AS

Junto Capital Management LP reduced its stake in shares of Amer Sports, Inc. (NYSE:AS) by 2.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,430,870 shares of the company’s stock after selling 68,701 shares during the period. Amer Sports makes up approximately 1.7% of Junto Capital Management LP’s investment portfolio, making the stock its 20th biggest holding. Junto Capital Management LP owned 0.44% of Amer Sports worth $84,473,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. SBI Securities Co. Ltd. lifted its position in Amer Sports by 146.4% during the 2nd 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 period. Financial Consulate Inc. acquired a new position in shares of Amer Sports in the third quarter valued at about $40,000. PNC Financial Services Group Inc. raised its stake 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 worth $42,000 after purchasing an additional 848 shares during the last quarter. Pacer Advisors Inc. purchased a new position in shares of Amer Sports in the third quarter worth about $44,000. Finally, Smartleaf Asset Management LLC lifted its holdings 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 and hedge funds.

Amer Sports Stock Performance

AS opened at $32.32 on Monday. Amer Sports, Inc. has a twelve month low of $20.21 and a twelve month high of $42.76. The firm has a market capitalization of $17.90 billion, a PE ratio of 43.10, a PEG ratio of 1.29 and a beta of 2.80. The company has a current ratio of 1.50, a quick ratio of 0.76 and a debt-to-equity ratio of 0.25. The firm’s 50-day moving average price is $37.53 and its 200 day moving average price is $35.94.

Amer Sports (NYSE:AS) last released its quarterly earnings data on Tuesday, February 24th. The company reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.04. The company 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%. Amer Sports’s quarterly revenue was up 28.5% on a year-over-year basis. During the same quarter in the prior year, the firm 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, sell-side analysts expect that Amer Sports, Inc. will post 0.46 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on AS. Weiss Ratings reiterated a “hold (c)” rating on shares of Amer Sports in a report on Monday, December 29th. Piper Sandler reaffirmed an “overweight” rating on shares of Amer Sports in a report on Friday, February 20th. Barclays started coverage on shares of Amer Sports in a report on Tuesday, December 9th. They set an “overweight” rating and a $49.00 target price for the company. Nomura set a $39.80 price target on shares of Amer Sports and gave the company a “buy” rating in a report on Tuesday, November 18th. Finally, Zacks Research downgraded Amer Sports from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 19th. Two 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 company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target 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).