Acushnet Holdings is the global leader in the design, development, manufacture and distribution of performance-driven golf products, which are widely recognized for their quality excellence. Driven by our focus on dedicated and discerning golfers and the golf shops that serve them,we believe we are the most authentic and enduring company in the golf industry. Our mission - to be the performance and quality leader in every golf product category in which we compete -has remained consistent since we entered the golf ball business in 1932. Today, we are the steward of two of the most revered brands in golf - Titleist, one of golf's leading performance equipment brands, and FootJoy, one of golf's leading performance wear brands.
Company profile
Ticker
GOLF
Exchange
Website
CEO
David Maher
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Peloton Interactive • Topgolf Callaway Brands • Solo Brands • YETI • Johnson Outdoors • Clarus • American Outdoor Brands • Escalade • Nautilus • Jakroo ...
SEC CIK
Corporate docs
Subsidiaries
Acushnet Company • AASI, Inc. • ACTM LLC • ACTPI LLC • Acushnet Australia • Acushnet Canada Inc. • Acushnet Cayman Limited • Acushnet Danmark ApS • Acushnet Europe Ltd. • Acushnet FootJoy (Thailand) Limited ...
GOLF stock data
Analyst ratings and price targets
Latest filings (excl ownership)
SD
Conflict minerals disclosure
26 May 23
10-Q
2023 Q1
Quarterly report
4 May 23
8-K
Acushnet Holdings Corp. Announces First Quarter 2023 Financial Results
4 May 23
ARS
2022 FY
Annual report to shareholders
21 Apr 23
DEFA14A
Additional proxy soliciting materials
21 Apr 23
DEF 14A
Definitive proxy
21 Apr 23
8-K
Departure of Directors or Certain Officers
5 Apr 23
8-K
Departure of Directors or Certain Officers
24 Mar 23
10-K
2022 FY
Annual report
1 Mar 23
8-K
Acushnet Holdings Corp. Announces Declares Increased Quarterly Cash Dividend, Announces Increased Share Repurchase Authorization, Introduces 2023 Outlook
1 Mar 23
Transcripts
GOLF
Earnings call transcript
2022 Q4
1 Mar 23
GOLF
Earnings call transcript
2022 Q2
7 Aug 22
GOLF
Earnings call transcript
2022 Q1
7 May 22
GOLF
Earnings call transcript
2021 Q4
1 Mar 22
GOLF
Earnings call transcript
2021 Q3
6 Nov 21
GOLF
Earnings call transcript
2021 Q2
8 Aug 21
GOLF
Earnings call transcript
2021 Q1
8 May 21
GOLF
Earnings call transcript
2020 Q4
27 Feb 21
GOLF
Earnings call transcript
2020 Q3
8 Nov 20
GOLF
Earnings call transcript
2020 Q3
6 Nov 20
Latest ownership filings
4
Sean S Sullivan
5 Jun 23
4
Mary Louise Bohn
15 May 23
144
Notice of proposed sale of securities
11 May 23
4
Yoon Soo (Gene) Yoon
28 Mar 23
4
STEVEN TISHMAN
28 Mar 23
4
Sean S Sullivan
28 Mar 23
4
Jan Singer
28 Mar 23
4
Thomas Pacheco
28 Mar 23
4
David Eugene Maher
28 Mar 23
4
Gregory A. Hewett
28 Mar 23
Financial summary
| Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 57.28 mm | 57.28 mm | 57.28 mm | 57.28 mm | 57.28 mm | 57.28 mm |
| Cash burn (monthly) | 540.00 k | 4.76 mm | (no burn) | (no burn) | 28.81 mm | (no burn) |
| Cash used (since last report) | 1.19 mm | 10.52 mm | n/a | n/a | 63.68 mm | n/a |
| Cash remaining | 56.09 mm | 46.76 mm | n/a | n/a | -6.40 mm | n/a |
| Runway (months of cash) | 103.9 | 9.8 | n/a | n/a | -0.2 | n/a |
Institutional ownership, Q4 2022
| 13F holders | Current |
|---|---|
| Total holders | 200 |
| Opened positions | 43 |
| Closed positions | 31 |
| Increased positions | 62 |
| Reduced positions | 57 |
| 13F shares | Current |
|---|---|
| Total value | 1.48 tn |
| Total shares | 72.24 mm |
| Total puts | 1.90 k |
| Total calls | 1.90 k |
| Total put/call ratio | 1.0 |
| Largest owners | Shares | Value |
|---|---|---|
| FILA | 37.10 mm | $1.97 bn |
| Kayne Anderson Rudnick Investment Management | 7.77 mm | $329.79 bn |
| Vanguard | 3.10 mm | $131.65 bn |
| Wellington Management | 2.89 mm | $122.56 bn |
| BLK Blackrock | 2.28 mm | $96.81 bn |
| JPM JPMorgan Chase & Co. | 1.73 mm | $73.37 bn |
| Dimensional Fund Advisors | 1.69 mm | $71.93 bn |
| MCQEF Macquarie | 1.39 mm | $59.20 bn |
| WFC Wells Fargo & Co. | 1.18 mm | $50.12 bn |
| PFG Principal Financial Group Inc - Registered Shares | 1.13 mm | $48.06 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 Jun 23 | Sullivan Sean S | Common Stock | Grant | Acquire A | No | No | 45.77 | 76,470 | 3.50 mm | 123,985 |
| 1 Jun 23 | Sullivan Sean S | Common Stock | Grant | Acquire A | No | No | 45.77 | 17,479 | 800.01 k | 47,515 |
| 11 May 23 | Mary Louise Bohn | Common Stock | Sell | Dispose S | No | No | 51.42 | 30,000 | 1.54 mm | 185,955 |
| 24 Mar 23 | Mary Louise Bohn | Common Stock | Grant | Acquire A | No | No | 49.46 | 525 | 25.97 k | 215,955 |
| 24 Mar 23 | Roland A Giroux | Common Stock | Grant | Acquire A | No | No | 49.46 | 125 | 6.18 k | 38,887 |
| 24 Mar 23 | Hewett Gregory A. | Common Stock | Grant | Acquire A | No | No | 49.46 | 93 | 4.60 k | 36,036 |
News
The Latest Analyst Ratings for Acushnet Hldgs
8 May 23
Morgan Stanley Maintains Equal-Weight on Acushnet Hldgs, Raises Price Target to $56
8 May 23
Keybanc Maintains Overweight on Acushnet Hldgs, Raises Price Target to $61
5 May 23
Earnings Scheduled For May 4, 2023
4 May 23
Acushnet Hldgs Q1 EPS $1.36 Beats $1.09 Estimate, Sales $686.30M Beat $628.41M Estimate
4 May 23