Acushnet (NYSE:GOLF – Get Free Report) has received an average rating of “Hold” from the eight ratings firms that are currently covering the firm, MarketBeat.com reports. Seven equities research analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $97.8333.
A number of brokerages have recently issued reports on GOLF. Weiss Ratings raised Acushnet from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, July 24th. Truist Financial increased their price target on Acushnet from $95.00 to $97.00 and gave the company a “hold” rating in a research report on Tuesday, May 19th. Roth Capital set a $87.00 price target on Acushnet in a research note on Thursday, May 7th. Finally, JPMorgan Chase & Co. boosted their price objective on Acushnet from $96.00 to $118.00 and gave the stock a “neutral” rating in a report on Friday, June 26th.
Get Our Latest Research Report on GOLF
Acushnet Trading Down 8.6%
Acushnet (NYSE:GOLF – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $2.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.63 by $0.45. The company had revenue of $819.95 million for the quarter, compared to analysts’ expectations of $788.24 million. Acushnet had a return on equity of 22.95% and a net margin of 6.54%.The firm’s revenue was up 13.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.25 earnings per share. On average, research analysts anticipate that Acushnet will post 3.75 EPS for the current fiscal year.
Insider Activity at Acushnet
In related news, insider Steven Francis Pelisek sold 15,000 shares of the firm’s stock in a transaction that occurred on 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 transaction, the insider owned 70,512 shares of the company’s stock, valued at approximately $6,434,925.12. This trade represents a 17.54% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Nicholas N. Mohamed sold 529 shares of Acushnet stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $95.00, for a total transaction of $50,255.00. Following the transaction, the insider owned 2,868 shares in the company, valued at approximately $272,460. The trade was a 15.57% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 53.30% of the company’s stock.
Institutional Trading of Acushnet
Hedge funds and other institutional investors have recently modified their holdings of the business. Capital Research Global Investors grew its holdings in shares of Acushnet by 8.5% during the fourth quarter. Capital Research Global Investors now owns 1,465,000 shares of the company’s stock valued at $116,936,000 after buying an additional 115,000 shares in the last quarter. Morgan Stanley boosted its position in Acushnet by 22.3% during the 4th quarter. Morgan Stanley now owns 1,379,236 shares of the company’s stock worth $110,091,000 after acquiring an additional 251,889 shares during the period. Raymond James Financial Inc. boosted its position in Acushnet by 0.4% during the 2nd quarter. Raymond James Financial Inc. now owns 952,453 shares of the company’s stock worth $69,358,000 after acquiring an additional 4,243 shares during the period. Bank of America Corp DE grew its stake in Acushnet by 31.8% during the 2nd quarter. Bank of America Corp DE now owns 457,460 shares of the company’s stock valued at $33,312,000 after acquiring an additional 110,245 shares in the last quarter. Finally, Neumeier Poma Investment Counsel LLC grew its stake in Acushnet by 51.7% during the 4th quarter. Neumeier Poma Investment Counsel LLC now owns 384,424 shares of the company’s stock valued at $30,685,000 after acquiring an additional 130,990 shares in the last quarter. Institutional investors and hedge funds own 53.12% of the company’s stock.
Acushnet News Roundup
Here are the key news stories impacting Acushnet this week:
- Positive Sentiment: Acushnet reported second-quarter adjusted earnings of $2.08 per share, well above the $1.61-$1.63 analyst consensus and up from $1.25 a year earlier. Revenue increased 13.8% year over year to approximately $820 million, exceeding estimates near $788 million. Acushnet Beats Q2 Earnings and Revenue Estimates
- Positive Sentiment: Strength was led by Titleist golf clubs and continued demand across the company’s golf-equipment portfolio. Management raised or maintained an improved full-year outlook, calling for 2026 sales of approximately $2.65 billion to $2.675 billion and adjusted EBITDA of $450 million to $470 million. Titleist Parent’s Q2 Sales Jump 14 Percent on Club Sales
- Neutral Sentiment: Management’s earnings call highlighted strong brand momentum and club sales, but investors will be watching whether demand remains durable and whether profitability can hold as Acushnet navigates costs, inventory, and a seasonal golf market. Acushnet Q2 2026 Earnings Call Transcript
- Negative Sentiment: The sales outlook, while solid, is below some consensus expectations of roughly $2.7 billion. That gap may have disappointed investors after the strong quarter, particularly with GOLF trading at an elevated earnings multiple. Acushnet Outlines 2026 Sales and EBITDA Outlook
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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