14,384 Shares in Academy Sports and Outdoors, Inc. $ASO Bought by Great Lakes Advisors LLC

Great Lakes Advisors LLC acquired a new position in Academy Sports and Outdoors, Inc. (NASDAQ:ASO) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 14,384 shares of the company’s stock, valued at approximately $678,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. EverSource Wealth Advisors LLC boosted its position in shares of Academy Sports and Outdoors by 38.9% during the 1st quarter. EverSource Wealth Advisors LLC now owns 921 shares of the company’s stock worth $52,000 after purchasing an additional 258 shares in the last quarter. State of Wyoming acquired a new position in shares of Academy Sports and Outdoors during the 2nd quarter worth $55,000. Advisory Services Network LLC purchased a new position in shares of Academy Sports and Outdoors in the 3rd quarter valued at about $61,000. Clearstead Advisors LLC increased its holdings in shares of Academy Sports and Outdoors by 192.6% in the 4th quarter. Clearstead Advisors LLC now owns 1,311 shares of the company’s stock valued at $65,000 after purchasing an additional 863 shares in the last quarter. Finally, Smartleaf Asset Management LLC increased its holdings in shares of Academy Sports and Outdoors by 12.1% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,742 shares of the company’s stock valued at $86,000 after purchasing an additional 188 shares in the last quarter.

Wall Street Analyst Weigh In

A number of research firms recently commented on ASO. JPMorgan Chase & Co. decreased their price objective on shares of Academy Sports and Outdoors from $60.00 to $59.00 and set a “neutral” rating on the stock in a report on Wednesday, June 10th. The Goldman Sachs Group lowered their target price on shares of Academy Sports and Outdoors from $67.00 to $60.00 and set a “buy” rating on the stock in a research report on Wednesday, June 10th. Barclays dropped their target price on shares of Academy Sports and Outdoors from $55.00 to $50.00 and set an “equal weight” rating for the company in a report on Thursday, June 11th. UBS Group reduced their price target on shares of Academy Sports and Outdoors from $56.00 to $55.00 and set a “neutral” rating for the company in a research report on Wednesday, June 10th. Finally, Wells Fargo & Company reissued a “hold” rating on shares of Academy Sports and Outdoors in a research note on Wednesday, June 10th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $58.07.

Academy Sports and Outdoors Price Performance

Shares of NASDAQ ASO opened at $45.83 on Friday. The stock has a market cap of $2.84 billion, a price-to-earnings ratio of 8.07, a PEG ratio of 0.66 and a beta of 1.06. Academy Sports and Outdoors, Inc. has a 52 week low of $41.29 and a 52 week high of $62.44. The company’s 50-day moving average price is $48.12 and its 200 day moving average price is $52.97. The company has a current ratio of 1.68, a quick ratio of 0.36 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, topping analysts’ consensus estimates of $0.91 by $0.02. The company had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.44 billion. Academy Sports and Outdoors had a net margin of 6.24% and a return on equity of 17.85%. The firm’s quarterly revenue was up 6.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.76 earnings per share. Academy Sports and Outdoors has set its FY 2026 guidance at 6.400-6.800 EPS. As a group, research analysts forecast that Academy Sports and Outdoors, Inc. will post 6.08 earnings per share for the current fiscal year.

Academy Sports and Outdoors Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 16th. Investors of record on Thursday, June 18th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Thursday, June 18th. Academy Sports and Outdoors’s payout ratio is currently 10.56%.

Academy Sports and Outdoors Company 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.