Acushnet (NYSE:GOLF – Free Report) – Investment analysts at Roth Capital increased their FY2025 earnings per share (EPS) estimates for Acushnet in a note issued to investors on Monday, August 11th. Roth Capital analyst G. Kelly now expects that the company will post earnings per share of $3.39 for the year, up from their prior estimate of $3.34. The consensus estimate for Acushnet’s current full-year earnings is $3.06 per share. Roth Capital also issued estimates for Acushnet’s Q2 2026 earnings at $1.31 EPS and Q3 2026 earnings at $0.93 EPS.
A number of other equities analysts have also commented on GOLF. Morgan Stanley lifted their price objective on Acushnet from $63.00 to $80.00 and gave the stock an “equal weight” rating in a research note on Friday, July 18th. Truist Financial lifted their price objective on Acushnet from $64.00 to $65.00 and gave the stock a “hold” rating in a research note on Thursday, May 8th. KeyCorp lifted their price objective on Acushnet from $80.00 to $85.00 and gave the stock an “overweight” rating in a research note on Friday, August 8th. Finally, Compass Point lowered Acushnet from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $80.00 to $71.00 in a research note on Monday, May 5th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $73.33.
Acushnet Price Performance
Acushnet stock opened at $76.23 on Tuesday. The stock’s 50 day moving average is $76.11 and its 200 day moving average is $69.42. The company has a debt-to-equity ratio of 1.13, a current ratio of 2.25 and a quick ratio of 1.21. The firm has a market cap of $4.47 billion, a P/E ratio of 20.38 and a beta of 0.84. Acushnet has a one year low of $55.31 and a one year high of $84.40.
Acushnet (NYSE:GOLF – Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported $1.25 EPS for the quarter, missing analysts’ consensus estimates of $1.33 by ($0.08). The company had revenue of $720.48 million during the quarter, compared to analyst estimates of $713.70 million. Acushnet had a return on equity of 28.05% and a net margin of 9.24%. Acushnet’s revenue was up 5.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.11 earnings per share.
Acushnet Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 19th. Shareholders of record on Friday, September 5th will be paid a $0.235 dividend. The ex-dividend date of this dividend is Friday, September 5th. This represents a $0.94 annualized dividend and a yield of 1.2%. Acushnet’s payout ratio is 25.13%.
Insider Transactions at Acushnet
In other Acushnet news, Director Holdings Corp. Misto sold 953,406 shares of the business’s stock in a transaction that occurred on Thursday, July 10th. The stock was sold at an average price of $65.56, for a total value of $62,505,297.36. Following the transaction, the director directly owned 29,523,653 shares of the company’s stock, valued at approximately $1,935,570,690.68. The trade was a 3.13% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 53.60% of the company’s stock.
Hedge Funds Weigh In On Acushnet
Several institutional investors have recently added to or reduced their stakes in the business. XTX Topco Ltd increased its holdings in shares of Acushnet by 110.6% during the second quarter. XTX Topco Ltd now owns 17,008 shares of the company’s stock valued at $1,239,000 after acquiring an additional 8,931 shares in the last quarter. Steward Partners Investment Advisory LLC increased its holdings in shares of Acushnet by 4.3% during the second quarter. Steward Partners Investment Advisory LLC now owns 5,618 shares of the company’s stock valued at $409,000 after acquiring an additional 232 shares in the last quarter. Prudential Financial Inc. increased its holdings in shares of Acushnet by 3.4% during the second quarter. Prudential Financial Inc. now owns 29,263 shares of the company’s stock valued at $2,039,000 after acquiring an additional 970 shares in the last quarter. Cynosure Group LLC increased its holdings in shares of Acushnet by 24.1% during the second quarter. Cynosure Group LLC now owns 6,481 shares of the company’s stock valued at $472,000 after acquiring an additional 1,257 shares in the last quarter. Finally, American Century Companies Inc. increased its holdings in shares of Acushnet by 489.1% during the second quarter. American Century Companies Inc. now owns 122,185 shares of the company’s stock valued at $8,898,000 after acquiring an additional 101,443 shares in the last quarter. 53.12% of the stock is owned by institutional investors and hedge funds.
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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