17,836 Shares in Academy Sports and Outdoors, Inc. $ASO Acquired by Fox Run Management L.L.C.

Fox Run Management L.L.C. acquired a new position in shares of Academy Sports and Outdoors, Inc. (NASDAQ:ASO) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 17,836 shares of the company’s stock, valued at approximately $799,000.

A number of other institutional investors have also recently bought and sold shares of the company. Huntington National Bank raised its holdings in Academy Sports and Outdoors by 214.6% in the second quarter. Huntington National Bank now owns 689 shares of the company’s stock worth $31,000 after purchasing an additional 470 shares during the period. Your Advocates Ltd. LLP raised its holdings in shares of Academy Sports and Outdoors by 101.5% during the first quarter. Your Advocates Ltd. LLP now owns 816 shares of the company’s stock worth $37,000 after acquiring an additional 411 shares during the period. TD Private Client Wealth LLC lifted its holdings in shares of Academy Sports and Outdoors by 45.6% in the first quarter. TD Private Client Wealth LLC now owns 1,156 shares of the company’s stock valued at $53,000 after purchasing an additional 362 shares in the last quarter. Northwestern Mutual Wealth Management Co. bought a new position in shares of Academy Sports and Outdoors during the 1st quarter worth approximately $64,000. Finally, Nisa Investment Advisors LLC grew its position in Academy Sports and Outdoors by 25.6% in the first quarter. Nisa Investment Advisors LLC now owns 1,438 shares of the company’s stock valued at $66,000 after purchasing an additional 293 shares in the last quarter.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Academy Sports and Outdoors in a research report on Thursday, October 30th. Evercore ISI upped their price objective on Academy Sports and Outdoors from $50.00 to $55.00 and gave the company an “in-line” rating in a research note on Tuesday, October 14th. Loop Capital set a $65.00 target price on Academy Sports and Outdoors in a research note on Monday, July 21st. Monness Crespi & Hardt began coverage on Academy Sports and Outdoors in a research note on Monday, August 4th. They issued a “buy” rating and a $65.00 price target on the stock. Finally, Guggenheim reaffirmed a “buy” rating and set a $60.00 price target on shares of Academy Sports and Outdoors in a report on Monday, September 8th. Nine investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $58.37.

Academy Sports and Outdoors Stock Down 0.6%

NASDAQ ASO opened at $45.77 on Monday. The company has a current ratio of 1.64, a quick ratio of 0.33 and a debt-to-equity ratio of 0.23. The company has a market cap of $3.05 billion, a price-to-earnings ratio of 8.57, a PEG ratio of 0.92 and a beta of 1.27. The company has a 50 day moving average of $49.60 and a 200-day moving average of $47.99. Academy Sports and Outdoors, Inc. has a 1-year low of $33.34 and a 1-year high of $61.25.

Academy Sports and Outdoors (NASDAQ:ASO) last posted its quarterly earnings data on Tuesday, September 2nd. The company reported $1.82 EPS for the quarter, missing analysts’ consensus estimates of $2.14 by ($0.32). The company had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.61 billion. Academy Sports and Outdoors had a return on equity of 18.47% and a net margin of 6.21%.Academy Sports and Outdoors’s revenue was up 3.3% on a year-over-year basis. During the same quarter last year, the business earned $2.03 EPS. Academy Sports and Outdoors has set its FY 2025 guidance at 5.600-6.30 EPS. On average, equities research analysts expect that Academy Sports and Outdoors, Inc. will post 5.59 earnings per share for the current fiscal year.

Academy Sports and Outdoors Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 9th. Shareholders of record on Thursday, September 11th were paid a dividend of $0.13 per share. The ex-dividend date of this dividend was Thursday, September 11th. This represents a $0.52 annualized dividend and a yield of 1.1%. Academy Sports and Outdoors’s payout ratio is presently 9.74%.

Academy Sports and Outdoors Company Profile

Academy Sports and Outdoors, Inc, through its subsidiaries, operates as a sporting goods and outdoor recreational retailer in the United States. The company outdoor division comprises camping products, such as coolers and drinkware, and camping accessories and equipment,; fishing products, including marine equipment and fishing rods, reels, and baits and equipment; and hunting products, which includes firearms, ammunition, archery and archery equipment, camouflage apparel, waders, shooting accessories, gun safes, optics, airguns, and hunting equipment.