Amer Sports, Inc. $AS Holdings Lowered by Fortress Investment Group LLC

Key Points

• Fortress Investment Group cut its stake in Amer Sports by 21.2% in Q3, selling 52,741 shares and leaving 195,821 shares valued at $6.805 million (about 0.9% of Fortress’s portfolio and its 23rd largest holding).
• Q4 results and guidance: Amer Sports beat estimates with $0.31 EPS (vs. $0.27 expected) and $2.10B revenue (up 28.5% y/y), and set FY2026 guidance of $1.10–$1.15 EPS and Q1 2026 guidance of $0.28–$0.30.
• Analyst sentiment is positive: consensus rating is "Buy" with a $47.12 target, and several firms (Wells Fargo, Evercore) recently raised price targets while most analysts maintain overweight/buy recommendations.

Fortress Investment Group LLC decreased its stake in Amer Sports, Inc. (NYSE:AS - Free Report) by 21.2% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 195,821 shares of the company's stock after selling 52,741 shares during the quarter. Amer Sports accounts for about 0.9% of Fortress Investment Group LLC's investment portfolio, making the stock its 23rd largest holding. Fortress Investment Group LLC's holdings in Amer Sports were worth $6,805,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. AQR Capital Management LLC acquired a new position in shares of Amer Sports in the first quarter worth about $565,000. Goldman Sachs Group Inc. increased its position in shares of Amer Sports by 44.0% in the first quarter. Goldman Sachs Group Inc. now owns 1,173,674 shares of the company's stock worth $31,372,000 after acquiring an additional 358,536 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of Amer Sports by 60.2% during the second quarter. Bank of New York Mellon Corp now owns 364,156 shares of the company's stock valued at $14,115,000 after acquiring an additional 136,781 shares during the period. SBI Securities Co. Ltd. lifted its position in shares of Amer Sports by 146.4% in the 2nd quarter. SBI Securities Co. Ltd. now owns 897 shares of the company's stock valued at $35,000 after acquiring an additional 533 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in shares of Amer Sports by 136.1% in the 2nd quarter. Geode Capital Management LLC now owns 747,218 shares of the company's stock valued at $28,962,000 after acquiring an additional 430,702 shares in the last quarter. Hedge funds and other institutional investors own 40.25% of the company's stock.

Amer Sports Stock Down 0.1%

Amer Sports stock 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 company has a debt-to-equity ratio of 0.25, a quick ratio of 0.76 and a current ratio of 1.50. The firm has a market cap of $17.90 billion, a PE ratio of 43.10, a P/E/G ratio of 1.29 and a beta of 2.80. The firm's 50 day moving average price is $37.53 and its two-hundred day moving average price is $35.94.

Amer Sports (NYSE:AS - Get Free Report) last issued its earnings results on Tuesday, February 24th. The company reported $0.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.27 by $0.04. Amer Sports had a net margin of 6.51% and a return on equity of 9.74%. The company had revenue of $2.10 billion during the quarter, compared to analyst estimates of $1.99 billion. During the same quarter last year, the business posted $0.17 EPS. The company's revenue for the quarter was up 28.5% on a year-over-year basis. 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, research analysts predict that Amer Sports, Inc. will post 0.46 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms recently commented on AS. Wells Fargo & Company raised their price objective on shares of Amer Sports from $40.00 to $45.00 and gave the stock an "overweight" rating in a research note on Tuesday, December 16th. Evercore increased their target price on Amer Sports from $50.00 to $51.00 and gave the company an "outperform" rating in a report on Wednesday, February 25th. JPMorgan Chase & Co. decreased their target price on Amer Sports from $53.00 to $50.00 and set an "overweight" rating for the company in a research report on Monday, November 17th. Zacks Research downgraded Amer Sports from a "strong-buy" rating to a "hold" rating in a report on Monday, January 19th. Finally, Piper Sandler reissued an "overweight" rating on shares of Amer Sports in a research report on Friday, February 20th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, Amer Sports currently has a consensus rating of "Buy" and a consensus target price of $47.12.

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).

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