Acushnet (NYSE:GOLF) Releases Earnings Results, Misses Expectations By $0.31 EPS

Acushnet (NYSE:GOLF) posted its quarterly earnings data on Thursday. The company reported ($0.58) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.27) by ($0.31), FiscalAI reports. Acushnet had a net margin of 8.80% and a return on equity of 27.50%. The firm had revenue of $477.22 million during the quarter, compared to analyst estimates of $453.59 million. During the same period in the prior year, the firm earned ($0.02) EPS. The business’s quarterly revenue was up 7.2% on a year-over-year basis.

Here are the key takeaways from Acushnet’s conference call:

• Full-year 2025 net sales were $2.56 billion (up 4%) with adjusted EBITDA of $410 million (up 1.5%); Q4 sales rose 7% but Q4 adjusted EBITDA fell to $9.8 million from $12.4 million a year ago.
• Titleist Golf Equipment showed strong momentum—golf ball sales (including Pro V1 and AIM) and clubs (T‑Series irons, SM10 wedges) drove growth, management accelerated a new driver launch to June and is expanding capacity for cast urethane balls and custom club assembly.
• 2026 guidance calls for reported net sales of $2.625–$2.675 billion (constant currency +2.5–4.5%) and adjusted EBITDA of $415–$435 million (~16% margin), with management expecting free cash flow to improve and planning higher CapEx (~$95M) to support production scale-up.
• Tariffs remain a material headwind—management attributed roughly $30 million of incremental tariff costs in 2025 and assumes about $70 million of tariffs for 2026 while legal/timing outcomes from recent rulings remain uncertain.
• Capital returns and balance-sheet moves: Acushnet returned $268 million in 2025 (including ~$212M buybacks), the board raised the quarterly dividend 8.5% to $0.255 per share, and management refinanced debt while keeping net leverage around 2.2x (target ≤2.25x).

Acushnet Stock Up 3.3%

NYSE:GOLF traded up $3.31 during mid-day trading on Thursday, hitting $102.80. The company had a trading volume of 503,307 shares, compared to its average volume of 343,654. The business has a fifty day simple moving average of $92.64 and a 200-day simple moving average of $83.94. The firm has a market capitalization of $6.03 billion, a price-to-earnings ratio of 28.09 and a beta of 0.89. Acushnet has a 1 year low of $55.31 and a 1 year high of $104.81. The company has a current ratio of 2.42, a quick ratio of 1.30 and a debt-to-equity ratio of 1.03.

Key Headlines Impacting Acushnet

Here are the key news stories impacting Acushnet this week:

• Positive Sentiment: Q4 revenue beat and healthy top‑line growth: Acushnet reported Q4 revenue of $477.2M, above consensus and up ~7.2% year‑over‑year—investors are rewarding stronger-than-expected sales. Business Wire: Full Year and Fourth Quarter 2025 Financial Results
• Positive Sentiment: Raised 2026 revenue target and product/capacity push: Management outlined a $2.625B–$2.675B sales target for FY2026 and said it will accelerate product launches and expand capacity—this supports sustained top‑line growth expectations. Seeking Alpha: Acushnet outlines $2.625B–$2.675B sales target for 2026
• Positive Sentiment: Brand momentum: Parent of Titleist reported ~7% growth in Q4, signaling continued strength in core brands and demand across key categories. SGB Online: Titleist Parent Delivers 7 Percent Growth in Fourth Quarter
• Neutral Sentiment: Guidance tone mixed/partly unclear: Management provided FY2026 revenue guidance in line with the new sales target but EPS guidance disclosures were less clear in early reports—investors will watch management commentary for margin assumptions. Seeking Alpha: Q4 2025 Earnings Call Transcript
• Negative Sentiment: Big EPS miss: Acushnet reported a Q4 loss per share wider than expected (reported -$0.58 vs. consensus about -$0.27), which highlights margin/expense pressure despite sales strength. Zacks: Acushnet Reports Q4 Loss, Tops Revenue Estimates
• Negative Sentiment: Seasonality and cost pressures remain a risk: Analysts flagged a seasonal retail slump and higher costs that pressured EPS—monitor margins and inventory trends on upcoming calls. Seeking Alpha: Q4 2025 Earnings Call Transcript

Institutional Investors Weigh In On Acushnet

Hedge funds have recently modified their holdings of the stock. Brown Brothers Harriman & Co. raised its position in shares of Acushnet by 389.6% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 328 shares of the company’s stock valued at $26,000 after purchasing an additional 261 shares in the last quarter. Kelleher Financial Advisors bought a new stake in shares of Acushnet in the third quarter worth $28,000. EverSource Wealth Advisors LLC raised its holdings in Acushnet by 149.7% in the second quarter. EverSource Wealth Advisors LLC now owns 492 shares of the company’s stock valued at $36,000 after acquiring an additional 295 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Acushnet by 416.3% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 635 shares of the company’s stock valued at $50,000 after acquiring an additional 512 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd boosted its stake in Acushnet by 10,666.7% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 969 shares of the company’s stock valued at $77,000 after acquiring an additional 960 shares during the last quarter. 53.12% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. JPMorgan Chase & Co. raised shares of Acushnet from an “underweight” rating to a “neutral” rating and upped their price objective for the company from $74.00 to $96.00 in a research note on Friday, January 23rd. Morgan Stanley upped their price target on Acushnet from $90.00 to $95.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 22nd. KeyCorp reaffirmed a “sector weight” rating on shares of Acushnet in a research note on Friday, January 16th. Weiss Ratings reiterated a “buy (b)” rating on shares of Acushnet in a report on Wednesday, January 21st. Finally, UBS Group set a $100.00 target price on shares of Acushnet in a research report on Thursday. One investment analyst has rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $89.57.

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.