Acushnet (NYSE:GOLF) Announces Earnings Results

Acushnet (NYSE:GOLF) issued its quarterly earnings data on Thursday. The company reported $2.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.63 by $0.45, FiscalAI reports. The company had revenue of $819.95 million during the quarter, compared to the consensus estimate of $788.24 million. Acushnet had a net margin of 8.12% and a return on equity of 27.98%. Acushnet’s revenue for the quarter was up 13.8% on a year-over-year basis. During the same quarter last year, the company 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 Stock Down 0.1%

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

Acushnet Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Friday, September 4th will be given 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 dividend yield of 1.1%. Acushnet’s dividend payout ratio (DPR) is presently 35.92%.

Analyst Ratings Changes

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

Insiders Place Their Bets

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

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. Royal Bank of Canada boosted its stake in Acushnet by 6.6% in the first quarter. Royal Bank of Canada now owns 88,703 shares of the company’s stock valued at $6,090,000 after acquiring an additional 5,510 shares during the period. AQR Capital Management LLC lifted its holdings in shares of Acushnet by 2.5% in the 1st quarter. AQR Capital Management LLC now owns 19,498 shares of the company’s stock worth $1,339,000 after purchasing an additional 475 shares during the last quarter. Integrated Wealth Concepts LLC boosted its position in Acushnet by 13.5% during the 1st quarter. Integrated Wealth Concepts LLC now owns 4,603 shares of the company’s stock valued at $316,000 after purchasing an additional 548 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Acushnet by 2.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,560 shares of the company’s stock valued at $1,137,000 after purchasing an additional 460 shares during the period. Finally, Goldman Sachs Group Inc. grew its stake in Acushnet by 39.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 249,807 shares of the company’s stock worth $17,152,000 after buying an additional 70,095 shares during the last quarter. Institutional investors own 53.12% of the company’s stock.

Key Headlines Impacting 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.

Acushnet Company Profile

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.