Villanova Investment Management Co raised its holdings in shares of Academy Sports and Outdoors, Inc. (NASDAQ:ASO – Free Report) by 15.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 56,534 shares of the company’s stock after acquiring an additional 7,520 shares during the quarter. Academy Sports and Outdoors makes up 2.7% of Villanova Investment Management Co’s investment portfolio, making the stock its 8th largest position. Villanova Investment Management Co owned approximately 0.09% of Academy Sports and Outdoors worth $2,719,000 as of its most recent SEC filing.
Several other hedge funds have also recently added to or reduced their stakes in ASO. Farther Finance Advisors LLC raised its position in Academy Sports and Outdoors by 52.1% during the third quarter. Farther Finance Advisors LLC now owns 736 shares of the company’s stock worth $35,000 after acquiring an additional 252 shares during the last quarter. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Academy Sports and Outdoors in the second quarter valued at approximately $38,000. EverSource Wealth Advisors LLC grew its position in shares of Academy Sports and Outdoors by 38.9% in the first quarter. EverSource Wealth Advisors LLC now owns 921 shares of the company’s stock valued at $52,000 after purchasing an additional 258 shares during the last quarter. State of Wyoming purchased a new position in shares of Academy Sports and Outdoors during the 2nd quarter worth approximately $55,000. Finally, Signaturefd LLC increased its stake in shares of Academy Sports and Outdoors by 181.8% during the 3rd quarter. Signaturefd LLC now owns 1,922 shares of the company’s stock worth $92,000 after purchasing an additional 1,240 shares in the last quarter.
Insider Buying and Selling at Academy Sports and Outdoors
In other Academy Sports and Outdoors news, President Samuel Johnson sold 70,303 shares of the stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $51.79, for a total transaction of $3,640,992.37. Following the transaction, the president owned 36,861 shares of the company’s stock, valued at $1,909,031.19. This represents a 65.60% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Brian T. Marley sold 10,432 shares of the firm’s stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $53.25, for a total value of $555,504.00. Following the sale, the director owned 32,607 shares in the company, valued at $1,736,322.75. This trade represents a 24.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 106,315 shares of company stock valued at $5,576,537 over the last quarter. 4.08% of the stock is currently owned by insiders.
Analyst Upgrades and Downgrades
ASO has been the subject of several research reports. Telsey Advisory Group lifted their price objective on Academy Sports and Outdoors from $60.00 to $63.00 and gave the stock an “outperform” rating in a research report on Thursday, September 10th. Truist Financial increased their target price on Academy Sports and Outdoors from $52.00 to $54.00 and gave the company a “hold” rating in a report on Thursday, September 10th. Wells Fargo & Company upgraded Academy Sports and Outdoors from a “hold” rating to a “buy” rating in a report on Thursday, September 10th. Barclays raised their price target on Academy Sports and Outdoors from $50.00 to $53.00 and gave the stock an “equal weight” rating in a research report on Thursday, September 10th. Finally, UBS Group boosted their price target on Academy Sports and Outdoors from $55.00 to $58.00 and gave the stock a “neutral” rating in a report on Thursday, September 10th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $58.54.
View Our Latest Stock Analysis on ASO
Academy Sports and Outdoors Price Performance
Academy Sports and Outdoors stock opened at $67.81 on Friday. Academy Sports and Outdoors, Inc. has a 12-month low of $41.29 and a 12-month high of $69.62. The stock has a market capitalization of $4.18 billion, a P/E ratio of 11.30, a P/E/G ratio of 0.94 and a beta of 0.94. The firm’s 50-day moving average is $52.94 and its two-hundred day moving average is $52.96. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.74 and a quick ratio of 0.35.
Academy Sports and Outdoors (NASDAQ:ASO – Get Free Report) last posted its quarterly earnings data on Wednesday, September 9th. The company reported $2.31 earnings per share for the quarter, beating analysts’ consensus estimates of $2.07 by $0.24. The business had revenue of $1.65 billion during the quarter, compared to analyst estimates of $1.65 billion. Academy Sports and Outdoors had a net margin of 6.39% and a return on equity of 18.36%. The company’s revenue was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.94 earnings per share. Academy Sports and Outdoors has set its FY 2026 guidance at 6.500-6.900 EPS. Equities analysts predict that Academy Sports and Outdoors, Inc. will post 6.24 earnings per share for the current year.
Academy Sports and Outdoors Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 16th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Wednesday, September 16th. Academy Sports and Outdoors’s payout ratio is presently 10.00%.
Academy Sports and Outdoors Company Profile
Academy Sports and Outdoors, Inc is a sporting goods and outdoor recreation retailer headquartered in Katy, Texas. The company operates stores and an e-commerce platform serving customers primarily across the southern, southeastern and midwestern United States.
Academy sells a broad selection of sports equipment, apparel and footwear, as well as products for hunting, fishing, camping, boating, fitness and outdoor recreation. Its merchandise also includes seasonal products, patio and recreation items, and equipment for team sports.
Recommended Stories
- Five stocks we like better than Academy Sports and Outdoors
- Google’s Credit Backstop May Be TeraWulf’s Biggest Advantage
- Could the Midterms Revive Medicare for All? 3 Healthcare Stocks to Watch
- Qualcomm Beat Earnings, But Its Fastest-Growing Businesses Have a Catch
- Oil, Uranium, or Renewables? 3 Energy Plays for a Changing Market
Receive News & Ratings for Academy Sports and Outdoors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Academy Sports and Outdoors and related companies with MarketBeat.com's FREE daily email newsletter.
