Acushnet (NYSE:GOLF) Issues Quarterly Earnings Results

Acushnet (NYSE:GOLF) issued its earnings results on Thursday. The company reported $2.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.63 by $0.45, FiscalAI reports. Acushnet had a net margin of 8.12% and a return on equity of 27.98%. The company had revenue of $819.95 million during the quarter, compared to analysts’ expectations of $788.24 million. During the same period last year, the company posted $1.25 earnings per share. The firm’s quarterly revenue was up 13.8% compared to the same quarter last year.

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 Price Performance

GOLF stock traded down $0.12 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’s fifty day moving average is $105.13 and its 200 day moving average is $98.55. The company has a market cap of $5.49 billion, a P/E ratio of 25.54 and a beta of 0.81. The company has a debt-to-equity ratio of 1.01, a quick ratio of 1.59 and a current ratio of 2.55. Acushnet has a 1 year low of $73.09 and a 1 year high of $119.65.

Acushnet Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Investors of record on Friday, September 4th will be paid a $0.255 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $1.02 dividend on an annualized basis and a yield of 1.1%. Acushnet’s dividend payout ratio is presently 35.92%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on GOLF shares. Truist Financial upped their price target on Acushnet from $95.00 to $97.00 and gave the stock a “hold” rating in a report on Tuesday, May 19th. JPMorgan Chase & Co. boosted their target price on Acushnet from $96.00 to $118.00 and gave the stock a “neutral” rating in a research report on Friday, June 26th. Roth Capital reissued a “neutral” rating and issued a $95.00 target price on shares of Acushnet in a report on Friday. Finally, Weiss Ratings upgraded Acushnet from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, July 24th. One investment analyst has rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $99.17.

Trending Headlines about 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.

Insider Buying and Selling at Acushnet

In other news, insider Nicholas N. Mohamed sold 529 shares of the business’s stock in a transaction on 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 of the company’s stock, valued at $272,460. The trade was a 15.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Steven Francis Pelisek sold 15,000 shares of the company’s stock in a transaction 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 sale, the insider owned 70,512 shares in the company, valued at $6,434,925.12. This represents a 17.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 53.30% of the company’s stock.

Institutional Investors Weigh In On Acushnet

Several hedge funds have recently modified their holdings of the company. Corient Private Wealth LLC raised its position in shares of Acushnet by 63.1% in the fourth quarter. Corient Private Wealth LLC now owns 9,499 shares of the company’s stock valued at $758,000 after buying an additional 3,676 shares during the last quarter. XTX Topco Ltd acquired a new stake in Acushnet during the fourth quarter worth approximately $447,000. Susquehanna Portfolio Strategies LLC acquired a new stake in Acushnet during the fourth quarter worth approximately $3,816,000. Tudor Investment Corp ET AL grew its stake in Acushnet by 6.6% in the 4th quarter. Tudor Investment Corp ET AL now owns 73,115 shares of the company’s stock worth $5,836,000 after acquiring an additional 4,545 shares during the period. Finally, Millennium Management LLC grew its stake in Acushnet by 1,041.3% in the 4th quarter. Millennium Management LLC now owns 55,228 shares of the company’s stock worth $4,408,000 after acquiring an additional 50,389 shares during the period. 53.12% of the stock is owned by institutional investors and hedge funds.

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.