Jupiter Topco LLC Makes New Investment in Academy Sports and Outdoors, Inc. $ASO

Posted by Geri Gentry on Sep 2nd, 2026

Jupiter Topco LLC bought a new position in shares of Academy Sports and Outdoors, Inc. (NASDAQ:ASO – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 86,957 shares of the company’s stock, valued at approximately $4,098,000. Jupiter Topco LLC owned about 0.14% of Academy Sports and Outdoors as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. BlackRock Inc. purchased a new stake in shares of Academy Sports and Outdoors during the 2nd quarter valued at $468,146,000. Canada Pension Plan Investment Board acquired a new stake in shares of Academy Sports and Outdoors in the second quarter worth $61,207,000. Boston Partners raised its stake in shares of Academy Sports and Outdoors by 85.5% in the 3rd quarter. Boston Partners now owns 1,302,141 shares of the company’s stock valued at $65,416,000 after acquiring an additional 600,335 shares during the period. Bank of New York Mellon Corp purchased a new position in shares of Academy Sports and Outdoors in the 2nd quarter valued at $27,742,000. Finally, Norges Bank acquired a new position in shares of Academy Sports and Outdoors during the 4th quarter valued at $29,301,000.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. The Goldman Sachs Group decreased 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 research report on Wednesday, June 10th. Wells Fargo & Company restated a “hold” rating on shares of Academy Sports and Outdoors in a research note on Wednesday, June 10th. UBS Group decreased their target price on 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. Truist Financial lowered their target price on Academy Sports and Outdoors from $54.00 to $52.00 and set a “hold” rating for the company in a research note on Wednesday, June 10th. Finally, Stephens began coverage on Academy Sports and Outdoors in a report on Wednesday, May 13th. They set an “overweight” rating and a $78.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $58.07.

Get Our Latest Stock Analysis on Academy Sports and Outdoors

Academy Sports and Outdoors Price Performance

Shares of ASO stock opened at $42.81 on Wednesday. The firm has a market cap of $2.66 billion, a P/E ratio of 7.54, a P/E/G ratio of 0.62 and a beta of 1.02. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.68 and a quick ratio of 0.36. Academy Sports and Outdoors, Inc. has a 1-year low of $41.29 and a 1-year high of $62.44. The firm has a fifty day moving average of $47.16 and a two-hundred day moving average of $52.21.

Academy Sports and Outdoors (NASDAQ:ASO – Get Free Report) last released its earnings results on Tuesday, June 9th. The company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.02. Academy Sports and Outdoors had a net margin of 6.24% and a return on equity of 17.85%. The company had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.44 billion. During the same quarter in the previous year, the firm earned $0.76 EPS. The company’s revenue was up 6.7% on a year-over-year basis. 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 company also recently disclosed a quarterly dividend, which was paid on Thursday, July 16th. Shareholders of record on Thursday, June 18th were paid 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 1.4%. Academy Sports and Outdoors’s dividend payout ratio is presently 10.56%.

Academy Sports and Outdoors Profile

(Free Report)

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.