925,000 Shares in Amer Sports, Inc. $AS Purchased by Senator Investment Group LP

Senator Investment Group LP bought a new position in Amer Sports, Inc. (NYSE:AS) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 925,000 shares of the company’s stock, valued at approximately $34,549,000.

Other large investors also recently modified their holdings of the company. Kestra Advisory Services LLC bought a new stake in shares of Amer Sports in the fourth quarter worth about $27,000. Caitong International Asset Management Co. Ltd grew its stake in shares of Amer Sports by 484.8% in the third quarter. Caitong International Asset Management Co. Ltd now owns 848 shares of the company’s stock worth $29,000 after purchasing an additional 703 shares during the last quarter. PNC Financial Services Group Inc. grew 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. Smartleaf Asset Management LLC grew its stake in shares of Amer Sports by 174.3% in 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 last quarter. Finally, Global Retirement Partners LLC grew its stake in shares of Amer Sports by 5,600.0% in the fourth quarter. Global Retirement Partners LLC now owns 1,824 shares of the company’s stock worth $68,000 after purchasing an additional 1,792 shares during the last quarter. 40.25% of the stock is owned by institutional investors.

Insider Buying and Selling at Amer Sports

In other news, insider Wen-Chang (Victor) Chen sold 13,075 shares of Amer Sports stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $35.62, for a total transaction of $465,731.50. Following the completion of the transaction, the insider directly owned 149,821 shares in the company, valued at approximately $5,336,624.02. This trade represents a 8.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Andrew E. Page sold 105,230 shares of Amer Sports stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $36.75, for a total transaction of $3,867,202.50. Following the transaction, the chief financial officer owned 4,083 shares of the company’s stock, valued at $150,050.25. The trade was a 96.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 860,705 shares of company stock valued at $30,156,939 over the last ninety days.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft set a $52.00 target price on Amer Sports in a research note on Wednesday, May 20th. Weiss Ratings upgraded shares of Amer Sports from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, April 27th. Evercore raised their price objective on shares of Amer Sports from $50.00 to $51.00 and gave the stock an “outperform” rating in a report on Wednesday, February 25th. UBS Group raised their price objective on shares of Amer Sports from $60.00 to $62.00 and gave the stock a “buy” rating in a report on Wednesday, May 20th. Finally, Truist Financial raised their price objective on shares of Amer Sports from $49.00 to $50.00 and gave the stock a “buy” rating in a report on Tuesday, May 19th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Amer Sports presently has a consensus rating of “Buy” and an average target price of $48.19.

Amer Sports Stock Performance

Shares of AS opened at $35.90 on Tuesday. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.66 and a quick ratio of 0.82. Amer Sports, Inc. has a one year low of $28.92 and a one year high of $42.76. The company has a 50-day simple moving average of $35.11 and a two-hundred day simple moving average of $36.24. The firm has a market capitalization of $19.88 billion, a PE ratio of 44.88, a price-to-earnings-growth ratio of 1.23 and a beta of 2.05.

Amer Sports (NYSE:AS) last issued its quarterly earnings data on Tuesday, May 19th. The company reported $0.38 EPS for the quarter, topping the consensus estimate of $0.31 by $0.07. Amer Sports had a net margin of 6.50% and a return on equity of 10.29%. The business had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.84 billion. During the same period last year, the business posted $0.27 earnings per share. Amer Sports’s quarterly revenue was up 32.1% compared to the same quarter last year. Amer Sports has set its FY 2026 guidance at 1.180-1.230 EPS. On average, analysts anticipate that Amer Sports, Inc. will post 1.22 EPS for the current fiscal year.

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).