
Acushnet (NYSE:GOLF – Free Report) – Research analysts at Roth Capital dropped their FY2025 earnings estimates for shares of Acushnet in a research report issued on Wednesday, November 5th. Roth Capital analyst G. Kelly now anticipates that the company will post earnings of $3.36 per share for the year, down from their prior estimate of $3.39. Roth Capital currently has a “Neutral” rating and a $80.00 target price on the stock. The consensus estimate for Acushnet’s current full-year earnings is $3.06 per share. Roth Capital also issued estimates for Acushnet’s Q4 2025 earnings at ($0.32) EPS, Q2 2026 earnings at $1.29 EPS, Q4 2026 earnings at ($0.28) EPS and FY2026 earnings at $3.41 EPS.
GOLF has been the topic of several other reports. Morgan Stanley increased their target price on shares of Acushnet from $63.00 to $80.00 and gave the stock an “equal weight” rating in a research note on Friday, July 18th. Zacks Research lowered Acushnet from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 21st. Truist Financial increased their target price on Acushnet from $65.00 to $74.00 and gave the stock a “hold” rating in a report on Tuesday. Weiss Ratings restated a “buy (b)” rating on shares of Acushnet in a research note on Wednesday, October 8th. Finally, KeyCorp raised their price objective on shares of Acushnet from $85.00 to $90.00 and gave the company an “overweight” rating in a research note on Thursday. Two investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $76.50.
Acushnet Stock Performance
Shares of GOLF stock opened at $77.92 on Friday. The firm has a 50 day moving average of $77.82 and a 200-day moving average of $74.97. The company has a market cap of $4.57 billion, a price-to-earnings ratio of 21.29 and a beta of 0.90. The company has a quick ratio of 1.21, a current ratio of 2.42 and a debt-to-equity ratio of 1.03. Acushnet has a 52 week low of $55.31 and a 52 week high of $84.40.
Acushnet (NYSE:GOLF – Get Free Report) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $0.81 earnings per share for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.04). Acushnet had a return on equity of 27.50% and a net margin of 8.80%.The business had revenue of $2,080.08 billion for the quarter, compared to analyst estimates of $632.76 million. During the same quarter in the previous year, the business posted $0.89 earnings per share. The business’s revenue was up 6.0% on a year-over-year basis. Acushnet has set its FY 2025 guidance at EPS.
Institutional Investors Weigh In On Acushnet
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. grew its holdings in shares of Acushnet by 2.0% in the third quarter. PNC Financial Services Group Inc. now owns 7,046 shares of the company’s stock valued at $553,000 after acquiring an additional 140 shares in the last quarter. Public Sector Pension Investment Board boosted its position in Acushnet by 19.2% in the third quarter. Public Sector Pension Investment Board now owns 107,493 shares of the company’s stock worth $8,437,000 after purchasing an additional 17,319 shares during the last quarter. Illinois Municipal Retirement Fund grew its stake in Acushnet by 3.0% in the 3rd quarter. Illinois Municipal Retirement Fund now owns 14,205 shares of the company’s stock valued at $1,115,000 after purchasing an additional 410 shares during the period. Azzad Asset Management Inc. ADV grew its stake in Acushnet by 2.5% in the 3rd quarter. Azzad Asset Management Inc. ADV now owns 14,245 shares of the company’s stock valued at $1,118,000 after purchasing an additional 341 shares during the period. Finally, Bessemer Group Inc. raised its stake in shares of Acushnet by 313.2% during the 3rd quarter. Bessemer Group Inc. now owns 2,376 shares of the company’s stock worth $186,000 after purchasing an additional 1,801 shares during the period. Hedge funds and other institutional investors own 53.12% of the company’s stock.
Insider Activity at Acushnet
In related news, insider Mary Louise Bohn sold 13,190 shares of the firm’s stock in a transaction dated Thursday, August 14th. The shares were sold at an average price of $78.85, for a total transaction of $1,040,031.50. Following the transaction, the insider directly owned 191,786 shares of the company’s stock, valued at $15,122,326.10. This trade represents a 6.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 53.60% of the stock is currently owned by corporate insiders.
Acushnet Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, December 19th. Stockholders of record on Friday, December 5th will be paid a $0.235 dividend. The ex-dividend date is Friday, December 5th. This represents a $0.94 annualized dividend and a dividend yield of 1.2%. Acushnet’s dividend payout ratio is presently 25.68%.
About Acushnet
Acushnet Holdings Corp. designs, develops, manufactures, and distributes golf products in the United States, Europe, the Middle East, Africa, Japan, Korea, and internationally. The company operates through four segments: Titleist Golf Balls, Titleist Golf Clubs, Titleist Golf Gear, and FootJoy Golf Wear.
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