Amer Sports, Inc. $AS is WT Asset Management Ltd's 9th Largest Position

Key Points

• WT Asset Management trimmed its stake by 32.3% in Q4 to 2,369,845 shares, making Amer Sports its 9th-largest holding (about 3.5% of WT's portfolio) and representing roughly $88.5 million (0.43% of Amer Sports outstanding).
• Other institutions piled in or increased exposure — notably Viking Global (+63.5% to 6.34M shares, ~$220.4M), Aspex (new ~$206M position) and BNP Paribas (+57.5%) — and institutional ownership is about 40.25%.
• Amer Sports beat Q results, reporting $0.31 EPS vs $0.27 est and $2.10B revenue vs $1.99B est (revenue +28.5% YoY), and issued FY2026 guidance of $1.10–$1.15 EPS (analysts ~1.15).

WT Asset Management Ltd trimmed its stake in shares of Amer Sports, Inc. (NYSE:AS - Free Report) by 32.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,369,845 shares of the company's stock after selling 1,129,217 shares during the period. Amer Sports comprises about 3.5% of WT Asset Management Ltd's holdings, making the stock its 9th biggest holding. WT Asset Management Ltd owned 0.43% of Amer Sports worth $88,514,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. Viking Global Investors LP lifted its holdings in shares of Amer Sports by 63.5% during the third quarter. Viking Global Investors LP now owns 6,343,481 shares of the company's stock valued at $220,436,000 after purchasing an additional 2,462,832 shares during the last quarter. Aspex Management HK Ltd acquired a new position in Amer Sports during the third quarter valued at $206,244,000. BNP Paribas Financial Markets raised its position in Amer Sports by 57.5% during the third quarter. BNP Paribas Financial Markets now owns 3,991,563 shares of the company's stock valued at $138,707,000 after buying an additional 1,457,951 shares during the period. Candlestick Capital Management LP raised its position in Amer Sports by 24.5% during the third quarter. Candlestick Capital Management LP now owns 3,568,381 shares of the company's stock valued at $124,001,000 after buying an additional 702,091 shares during the period. Finally, Avala Global LP raised its position in Amer Sports by 4.5% during the third quarter. Avala Global LP now owns 3,339,949 shares of the company's stock valued at $116,063,000 after buying an additional 142,900 shares during the period. 40.25% of the stock is owned by hedge funds and other institutional investors.

Amer Sports Stock Performance

Shares of NYSE AS opened at $35.81 on Friday. The business's 50-day moving average price is $35.42 and its two-hundred day moving average price is $35.47. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.50 and a quick ratio of 0.76. Amer Sports, Inc. has a one year low of $23.27 and a one year high of $42.76. The company has a market capitalization of $19.83 billion, a P/E ratio of 47.74, a price-to-earnings-growth ratio of 1.43 and a beta of 2.81.

Amer Sports (NYSE:AS - Get Free Report) last issued its earnings results on Tuesday, February 24th. The company reported $0.31 EPS for the quarter, beating analysts' consensus estimates of $0.27 by $0.04. Amer Sports had a return on equity of 9.74% and a net margin of 6.51%.The firm had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $1.99 billion. During the same quarter in the previous year, the company posted $0.17 earnings per share. The business's quarterly revenue was up 28.5% compared to the same quarter last year. 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. Analysts anticipate that Amer Sports, Inc. will post 1.15 earnings per share for the current fiscal year.

Insider Transactions at Amer Sports

In other Amer Sports news, CEO Stuart Haselden sold 11,438 shares of the business's stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $36.26, for a total value of $414,741.88. Following the transaction, the chief executive officer owned 15,275 shares in the company, valued at $553,871.50. The trade was a 42.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Andrew E. Page sold 6,005 shares of the business's stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $36.26, for a total value of $217,741.30. Following the completion of the transaction, the chief financial officer owned 11,828 shares in the company, valued at $428,883.28. This trade represents a 33.67% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 27,125 shares of company stock worth $956,673 in the last 90 days.

Wall Street Analyst Weigh In

Several research firms recently weighed in on AS. Evercore upped their price target on Amer Sports from $50.00 to $51.00 and gave the company an "outperform" rating in a research report on Wednesday, February 25th. Truist Financial set a $49.00 price target on Amer Sports in a research report on Wednesday, February 25th. Zacks Research lowered Amer Sports from a "strong-buy" rating to a "hold" rating in a research report on Monday, January 19th. Deutsche Bank Aktiengesellschaft set a $49.00 price target on Amer Sports in a research report on Thursday, January 8th. 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 issued a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat.com, Amer Sports currently has an average rating of "Buy" and a consensus target price of $47.12.

Amer Sports Company 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).

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