Acushnet HoldingsGOLF
About: Acushnet Holdings Corp is engaged in the design, development, manufacture, and distribution of golf products. Its product category includes golf balls, golf shoes, golf clubs, wedges, putters, golf gloves, golf gear and golf wear, of which key revenue is derived from the sales of golf balls and golf gloves. The operating segments of the company are Titleist golf balls, Titleist golf clubs, Titleist golf gear and FootJoy golf wear. Geographically, the company operates in the United States, EMEA, Japan, Korea and other countries, of which a majority of the revenue is generated from the operations in the United States.
Employees: 7,300
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
1,182% more call options, than puts
Call options by funds: $1.22M | Put options by funds: $95K
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
0.37% less ownership
Funds ownership: 55.32% [Q1] → 54.95% (-0.37%) [Q2]
8% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 36
1% less funds holding
Funds holding: 260 [Q1] → 257 (-3) [Q2]
5% less capital invested
Capital invested by funds: $2.32B [Q1] → $2.2B (-$117M) [Q2]
16% less repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 98
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Jefferies Randal Konik 100% 1-year accuracy 3 / 3 met price target | 16%upside $75 | Hold Downgraded | 17 Sept 2024 |
Truist Securities Michael Swartz 35% 1-year accuracy 17 / 49 met price target | 1%upside $65 | Hold Maintained | 7 Aug 2024 |
Compass Point Casey Alexander 67% 1-year accuracy 8 / 12 met price target | 18%upside $76 | Buy Maintained | 7 Aug 2024 |