Principal Financial Group Inc. Has $66.48 Million Stake in Acushnet $GOLF

Key Points

• Principal Financial Group trimmed its stake in Acushnet by 7.9% in Q4, selling 71,156 shares and leaving 832,842 shares worth about $66.48 million (≈1.42% of the company).
• Q1 results: revenue of $752.98M (up ~7.1% YoY) beat expectations while EPS of $1.36 missed estimates as tariffs and higher costs compressed margins, and FY2026 revenue guidance of $2.625B–$2.675B was slightly below the street midpoint.
• The board declared a quarterly dividend of $0.255/share (annualized $1.02, ~1.1% yield), institutional ownership is roughly 53%, and analysts’ consensus rating is a Hold with a $93.83 price target.

Principal Financial Group Inc. trimmed its stake in Acushnet (NYSE:GOLF - Free Report) by 7.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 832,842 shares of the company's stock after selling 71,156 shares during the period. Principal Financial Group Inc. owned about 1.42% of Acushnet worth $66,481,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Fisher Asset Management LLC raised its stake in shares of Acushnet by 238.0% in the third quarter. Fisher Asset Management LLC now owns 704,151 shares of the company's stock worth $55,269,000 after acquiring an additional 495,794 shares during the last quarter. Tributary Capital Management LLC boosted its holdings in shares of Acushnet by 92.6% in the third quarter. Tributary Capital Management LLC now owns 457,490 shares of the company's stock valued at $35,908,000 after buying an additional 219,895 shares during the period. M&T Bank Corp boosted its holdings in Acushnet by 668.1% during the fourth quarter. M&T Bank Corp now owns 159,874 shares of the company's stock worth $12,761,000 after purchasing an additional 139,060 shares during the last quarter. Bank of America Corp DE raised its position in Acushnet by 31.8% during the second quarter. Bank of America Corp DE now owns 457,460 shares of the company's stock worth $33,312,000 after acquiring an additional 110,245 shares in the last quarter. Finally, Two Sigma Investments LP raised its position in Acushnet by 69.4% during the third quarter. Two Sigma Investments LP now owns 199,707 shares of the company's stock worth $15,675,000 after acquiring an additional 81,789 shares in the last quarter. 53.12% of the stock is owned by institutional investors.

Insider Transactions at Acushnet

In other Acushnet news, Director Gregory A. Hewett sold 4,206 shares of the stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $100.00, for a total value of $420,600.00. Following the completion of the transaction, the director owned 37,017 shares in the company, valued at approximately $3,701,700. This represents a 10.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 53.30% of the company's stock.

More Acushnet News

Here are the key news stories impacting Acushnet this week:

• Positive Sentiment: Top-line beat and healthy sales growth — Q1 revenue of $752.98M topped consensus (~$722.5M) and was up ~7.1% year-over-year, evidence of demand resilience. Acushnet NYSE: GOLF Posts Better-Than-Expected Sales In Q1 CY2026
• Positive Sentiment: Momentum in Titleist clubs and balls is driving share gains and helped offset margin pressure, a bullish operational read for future product cycles. Acushnet’s Q1 Boosted By Momentum in Titleist Golf Clubs and Balls
• Positive Sentiment: Dividend declared — quarterly payout of $0.255/share (ex-dividend 6/5, pay 6/22) reinforces shareholder return policy and supports investor sentiment. (Company release)
• Neutral Sentiment: FY2026 revenue guidance set to $2.625B–$2.675B; slightly below street midpoint, leaving some upside risk/caution for investors watching full-year growth. Acushnet outlines 2026 net sales of $2.625B-$2.675B while shifting Titleist GTS metals launch
• Neutral Sentiment: Full earnings materials and call transcript available for deeper read on margin drivers and cost outlook. Acushnet Holdings Corp. (GOLF) Q1 2026 Earnings Call Transcript
• Negative Sentiment: EPS miss and margin pressure — Q1 EPS $1.36 vs. consensus $1.38 and down from $1.62 a year ago; tariffs and higher costs compressed profit despite revenue growth. Acushnet (GOLF) Misses Q1 Earnings Estimates
• Negative Sentiment: Tariff-related costs cited as a key headwind that weighed on net income, a near-term margin risk until cost pressures abate or pricing actions offset them. Acushnet Shares Decline After Lower 1Q Profit Amid Higher Tariff Costs
• Negative Sentiment: Timing change for Titleist GTS metals launch moved into Q2, which could delay the revenue/margin benefit from that product rollout. Acushnet outlines 2026 net sales of $2.625B-$2.675B while shifting Titleist GTS metals launch

Acushnet Stock Up 3.7%

Shares of NYSE GOLF opened at $89.17 on Friday. Acushnet has a 12 month low of $66.53 and a 12 month high of $104.81. The company has a current ratio of 2.87, a quick ratio of 0.97 and a debt-to-equity ratio of 1.36. The firm has a market capitalization of $5.22 billion, a price-to-earnings ratio of 31.40 and a beta of 0.88. The business has a 50-day moving average of $95.69 and a 200-day moving average of $90.09.

Acushnet (NYSE:GOLF - Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $1.36 earnings per share for the quarter, missing the consensus estimate of $1.38 by ($0.02). The company had revenue of $752.98 million during the quarter, compared to the consensus estimate of $722.48 million. Acushnet had a net margin of 6.54% and a return on equity of 22.95%. The business's revenue for the quarter was up 7.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.62 EPS. Sell-side analysts expect that Acushnet will post 3.77 earnings per share for the current fiscal year.

Acushnet Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 22nd. Shareholders of record on Friday, June 5th will be issued a $0.255 dividend. The ex-dividend date is Friday, June 5th. This represents a $1.02 dividend on an annualized basis and a yield of 1.1%. Acushnet's dividend payout ratio is 32.90%.

Wall Street Analyst Weigh In

Several research firms recently commented on GOLF. Zacks Research downgraded shares of Acushnet from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 17th. Jefferies Financial Group restated a "hold" rating on shares of Acushnet in a research note on Thursday, February 26th. KeyCorp reiterated a "sector weight" rating on shares of Acushnet in a report on Friday, January 16th. Roth Mkm set a $87.00 price target on shares of Acushnet in a report on Thursday. Finally, Truist Financial raised their price objective on shares of Acushnet from $74.00 to $95.00 and gave the stock a "hold" rating in a research report on Monday, February 9th. Eight equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $93.83.

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.

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