Acushnet (NYSE:GOLF) Posts Quarterly Earnings Results, Beats Estimates By $0.45 EPS

Acushnet (NYSE:GOLF) posted its quarterly earnings data on Thursday. The company reported $2.08 EPS for the quarter, beating analysts’ consensus estimates of $1.63 by $0.45, FiscalAI reports. The business had revenue of $819.95 million for the quarter, compared to analyst estimates of $788.24 million. Acushnet had a net margin of 8.12% and a return on equity of 27.98%. The business’s revenue for the quarter was up 13.8% on a year-over-year basis. During the same quarter last year, the business earned $1.25 earnings per share.

Here are the key takeaways from Acushnet’s conference call:

• Strong second-quarter performance: Net sales rose 14% to $820 million, while Adjusted EBITDA increased 46%, driven by momentum in Titleist golf equipment, particularly the GTS metals launch.
• Acushnet raised its full-year outlook to $2.65 billion–$2.675 billion in sales and $450 million–$470 million in Adjusted EBITDA, supported by continued strength in Titleist equipment and healthy golf participation.
• Management expects second-half sales to decline by low single digits and Adjusted EBITDA to fall year over year, especially in the fourth quarter, because the accelerated GTS launch shifted significant club sales into the second quarter.
• The company is investing in golf-ball manufacturing, club assembly, customization, automation, and technology platforms; capacity is near full utilization, with further cast-urethane expansion planned over the next one to two years.
• Wearables remain soft in Japan and Korea, while higher synthetic rubber, tungsten, freight, and other supplier costs are expected to offset much of the benefit from lower projected tariff expense and refunds.

Acushnet Trading Down 0.1%

GOLF stock traded down $0.12 during mid-day trading on Friday, reaching $93.72. 501,824 shares of the stock traded hands, compared to its average volume of 318,916. Acushnet has a 52-week low of $73.09 and a 52-week high of $119.65. The stock’s fifty day moving average is $105.13 and its 200-day moving average is $98.55. The company has a market cap of $5.49 billion, a P/E ratio of 25.54 and a beta of 0.81. The company has a current ratio of 2.55, a quick ratio of 1.59 and a debt-to-equity ratio of 1.01.

Acushnet Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Friday, September 4th will be paid a dividend of $0.255 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $1.02 dividend on an annualized basis and a yield of 1.1%. Acushnet’s dividend payout ratio is currently 35.92%.

Insider Activity at Acushnet

In other news, insider Nicholas N. Mohamed sold 529 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $95.00, for a total transaction of $50,255.00. Following the sale, the insider owned 2,868 shares in the company, valued at $272,460. The trade was a 15.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Steven Francis Pelisek sold 15,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $91.26, for a total transaction of $1,368,900.00. Following the completion of the sale, the insider owned 70,512 shares of the company’s stock, valued at approximately $6,434,925.12. This trade represents a 17.54% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 53.30% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in GOLF. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Acushnet by 118.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,384 shares of the company’s stock valued at $110,000 after acquiring an additional 749 shares in the last quarter. CIBC Bancorp USA Inc. purchased a new stake in shares of Acushnet during the third quarter worth $231,000. Hancock Whitney Corp purchased a new stake in shares of Acushnet during the third quarter worth $258,000. Entropy Technologies LP acquired a new stake in Acushnet during the third quarter valued at $220,000. Finally, Corient Private Wealth LLC acquired a new stake in Acushnet during the second quarter valued at $211,000. 53.12% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have commented on GOLF. JPMorgan Chase & Co. boosted their price target on shares of Acushnet from $96.00 to $118.00 and gave the stock a “neutral” rating in a research report on Friday, June 26th. Roth Capital reaffirmed a “neutral” rating and issued a $95.00 price objective on shares of Acushnet in a research note on Friday. Weiss Ratings upgraded shares of Acushnet from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, July 24th. Finally, Truist Financial increased their target price on shares of Acushnet from $95.00 to $97.00 and gave the company a “hold” rating in a research note on Tuesday, May 19th. One equities research analyst has rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $99.17.

Trending Headlines about Acushnet

Here are the key news stories impacting Acushnet this week:

• Positive Sentiment: Acushnet earned $2.08 per share, well above the $1.63 analyst consensus, while revenue rose 13.8% year over year to $819.95 million, exceeding estimates of $788.24 million. Earnings also increased from $1.25 per share in the year-ago quarter. Acushnet Second Quarter 2026 Financial Results
• Positive Sentiment: Management outlined 2026 sales of approximately $2.65 billion to $2.675 billion and adjusted EBITDA of $450 million to $470 million. Coverage highlighted strong performance from the Titleist golf-club business and an improved outlook. Acushnet 2026 Sales and EBITDA Outlook
• Positive Sentiment: The company declared a quarterly dividend of $0.255 per share, payable September 18 to shareholders of record September 4. The dividend implies an annualized payout of $1.02 and a yield of about 1.1%. Acushnet Dividend Announcement
• Neutral Sentiment: Although the quarterly numbers were strong, the reported full-year sales outlook is broadly in line with analyst expectations near $2.7 billion, limiting the potential for a major upward revision to forecasts. The stock’s valuation, at roughly 33 times earnings, may also leave less room for disappointment.
• Negative Sentiment: The shares remain below their 50-day moving average, suggesting investors may be taking profits or focusing on whether the forward guidance can justify the premium valuation despite the earnings beat.

About Acushnet

Acushnet Holdings Corp., traded on the NYSE under the symbol GOLF, is a leading designer, manufacturer and marketer of golf equipment, footwear, apparel and accessories. The company’s portfolio encompasses a range of golf lifestyle products, with a focus on innovation, performance and quality for players of all skill levels.

At the core of Acushnet’s product lineup is the Titleist brand, globally recognized for its Tour-level golf balls and precision-engineered clubs. FootJoy offers golf shoes, gloves and apparel that blend comfort, style and technical performance, while Scotty Cameron putters and Vokey design wedges cater to players seeking exacting standards in feel and accuracy.