14,192 Shares in Academy Sports and Outdoors, Inc. $ASO Purchased by Gradient Investments LLC

Gradient Investments LLC bought a new position in Academy Sports and Outdoors, Inc. (NASDAQ:ASO) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 14,192 shares of the company’s stock, valued at approximately $669,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Royal Bank of Canada grew its holdings in shares of Academy Sports and Outdoors by 8.5% during the first quarter. Royal Bank of Canada now owns 59,775 shares of the company’s stock valued at $2,726,000 after purchasing an additional 4,665 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Academy Sports and Outdoors by 3.2% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 40,472 shares of the company’s stock worth $1,846,000 after purchasing an additional 1,257 shares during the last quarter. United Services Automobile Association bought a new stake in shares of Academy Sports and Outdoors in the 1st quarter worth approximately $223,000. Strs Ohio acquired a new position in Academy Sports and Outdoors during the 1st quarter valued at approximately $128,000. Finally, EverSource Wealth Advisors LLC boosted its position in Academy Sports and Outdoors by 89.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,388 shares of the company’s stock valued at $62,000 after purchasing an additional 657 shares during the period.

Academy Sports and Outdoors Price Performance

Shares of NASDAQ ASO opened at $49.89 on Tuesday. The stock has a market cap of $3.09 billion, a P/E ratio of 8.78, a P/E/G ratio of 0.70 and a beta of 1.06. The firm’s 50-day simple moving average is $48.79 and its 200 day simple moving average is $53.49. Academy Sports and Outdoors, Inc. has a fifty-two week low of $41.29 and a fifty-two week high of $62.44. The company has a quick ratio of 0.36, a current ratio of 1.68 and a debt-to-equity ratio of 0.23.

Academy Sports and Outdoors (NASDAQ:ASO) last announced its earnings results on Tuesday, June 9th. The company reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.91 by $0.02. The firm had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.44 billion. Academy Sports and Outdoors had a net margin of 6.24% and a return on equity of 17.85%. Academy Sports and Outdoors’s revenue was up 6.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.76 EPS. Academy Sports and Outdoors has set its FY 2026 guidance at 6.400-6.800 EPS. Equities analysts expect that Academy Sports and Outdoors, Inc. will post 6.08 EPS for the current year.

Academy Sports and Outdoors Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, July 16th. Stockholders of record on Thursday, June 18th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Thursday, June 18th. Academy Sports and Outdoors’s dividend payout ratio is currently 10.56%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on ASO shares. Stephens started coverage on Academy Sports and Outdoors in a research note on Wednesday, May 13th. They set an “overweight” rating and a $78.00 price objective for the company. JPMorgan Chase & Co. cut their target price on Academy Sports and Outdoors from $60.00 to $59.00 and set a “neutral” rating on the stock in a research note on Wednesday, June 10th. The Goldman Sachs Group reduced their price target on shares of Academy Sports and Outdoors from $67.00 to $60.00 and set a “buy” rating for the company in a report on Wednesday, June 10th. Truist Financial lowered their price target on shares of Academy Sports and Outdoors from $54.00 to $52.00 and set a “hold” rating for the company in a research report on Wednesday, June 10th. Finally, Barclays dropped their price objective on shares of Academy Sports and Outdoors from $55.00 to $50.00 and set an “equal weight” rating on the stock in a report on Thursday, June 11th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $58.07.

Academy Sports and Outdoors Profile

Academy Sports and Outdoors is a leading specialty retailer of sporting goods and outdoor gear, operating more than 260 stores across the United States. Headquartered in Katy, Texas, the company offers a broad assortment of merchandise spanning athletic footwear and apparel, team sports equipment, camping and outdoor recreation products, hunting and fishing supplies, and fitness accessories. In addition to its brick-and-mortar footprint, Academy serves customers through its e-commerce platform, offering online ordering, in-store pickup, and home delivery options.

The company’s product portfolio includes seasonal and year-round categories designed to meet the needs of both casual enthusiasts and serious athletes.