Dimensional Fund Advisors LP Purchases 71,888 Shares of Academy Sports and Outdoors, Inc. $ASO

Dimensional Fund Advisors LP grew its holdings in shares of Academy Sports and Outdoors, Inc. (NASDAQ:ASO) by 1.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,029,262 shares of the company’s stock after acquiring an additional 71,888 shares during the period. Dimensional Fund Advisors LP owned 0.06% of Academy Sports and Outdoors worth $227,439,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Salomon & Ludwin LLC grew its stake in Academy Sports and Outdoors by 139.8% during the fourth quarter. Salomon & Ludwin LLC now owns 482 shares of the company’s stock worth $26,000 after purchasing an additional 281 shares during the period. Bayforest Capital Ltd acquired a new position in Academy Sports and Outdoors in the fourth quarter valued at approximately $51,000. Advisory Services Network LLC acquired a new position in Academy Sports and Outdoors in the third quarter valued at approximately $61,000. EverSource Wealth Advisors LLC boosted its holdings in shares of 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 worth $62,000 after buying an additional 657 shares in the last quarter. Finally, Clearstead Advisors LLC boosted its holdings in shares of Academy Sports and Outdoors by 192.6% during the 4th quarter. Clearstead Advisors LLC now owns 1,311 shares of the company’s stock worth $65,000 after buying an additional 863 shares in the last quarter.

Academy Sports and Outdoors Price Performance

Shares of NASDAQ ASO opened at $47.06 on Friday. Academy Sports and Outdoors, Inc. has a fifty-two week low of $41.29 and a fifty-two week high of $62.44. The stock has a market cap of $2.92 billion, a price-to-earnings ratio of 8.29, a PEG ratio of 0.71 and a beta of 1.05. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.36 and a current ratio of 1.68. The firm’s 50-day simple moving average is $49.64 and its 200 day simple moving average is $54.18.

Academy Sports and Outdoors (NASDAQ:ASO) last issued its quarterly earnings data on Tuesday, June 9th. The company reported $0.93 EPS for the quarter, topping 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 return on equity of 17.85% and a net margin of 6.24%.The company’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.76 EPS. Academy Sports and Outdoors has set its FY 2026 guidance at 6.400-6.800 EPS. As a group, research analysts anticipate 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 declared a quarterly dividend, which was paid on Thursday, July 16th. Investors of record on Thursday, June 18th were issued a dividend of $0.15 per share. The ex-dividend date was Thursday, June 18th. This represents a $0.60 annualized dividend and a yield of 1.3%. Academy Sports and Outdoors’s dividend payout ratio is 10.56%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on ASO shares. The Goldman Sachs Group lowered their price objective on shares of Academy Sports and Outdoors from $67.00 to $60.00 and set a “buy” rating for the company in a research note on Wednesday, June 10th. B. Riley Financial restated a “buy” rating on shares of Academy Sports and Outdoors in a report on Wednesday, April 8th. UBS Group decreased 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 note on Wednesday, June 10th. Weiss Ratings lowered shares of Academy Sports and Outdoors from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 11th. Finally, Guggenheim increased their price objective on shares of Academy Sports and Outdoors from $60.00 to $65.00 and gave the stock a “buy” rating in a research report on Wednesday, April 8th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $58.53.

About Academy Sports and Outdoors

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.