Academy Sports and Outdoors, Inc. $ASO Stock Acquired by Villanova Investment Management Co

Villanova Investment Management Co boosted its stake in Academy Sports and Outdoors, Inc. (NASDAQ:ASO – Free Report) by 15.3% in the third quarter, Holdings Channel.com reports. The firm owned 56,534 shares of the company’s stock after acquiring an additional 7,520 shares during the quarter. Academy Sports and Outdoors comprises about 2.7% of Villanova Investment Management Co’s portfolio, making the stock its 8th largest position. Villanova Investment Management Co’s holdings in Academy Sports and Outdoors were worth $2,719,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. ARGA Investment Management LP boosted its holdings in shares of Academy Sports and Outdoors by 6.1% in the 3rd quarter. ARGA Investment Management LP now owns 41,698 shares of the company’s stock valued at $2,005,000 after purchasing an additional 2,386 shares during the last quarter. Aviance Capital Partners LLC increased its holdings in shares of Academy Sports and Outdoors by 41.3% during the 3rd quarter. Aviance Capital Partners LLC now owns 170,836 shares of the company’s stock worth $8,216,000 after buying an additional 49,916 shares during the last quarter. Vise Technologies Inc. purchased a new position in shares of Academy Sports and Outdoors in the 3rd quarter worth $233,000. Greatmark Investment Partners Inc. raised its position in shares of Academy Sports and Outdoors by 2.1% in the 3rd quarter. Greatmark Investment Partners Inc. now owns 529,769 shares of the company’s stock worth $25,477,000 after buying an additional 10,722 shares during the period. Finally, State of Wyoming boosted its holdings in Academy Sports and Outdoors by 28.3% in the third quarter. State of Wyoming now owns 1,489 shares of the company’s stock valued at $72,000 after acquiring an additional 328 shares during the last quarter.

Academy Sports and Outdoors Stock Performance

NASDAQ:ASO opened at $67.81 on Friday. The company has a current ratio of 1.74, a quick ratio of 0.35 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $4.18 billion, a price-to-earnings ratio of 11.30, a PEG ratio of 0.94 and a beta of 0.94. The firm’s fifty day simple moving average is $52.94 and its 200 day simple moving average is $52.96. Academy Sports and Outdoors, Inc. has a twelve month low of $41.29 and a twelve month high of $69.62.

Academy Sports and Outdoors (NASDAQ:ASO – Get Free Report) last announced its quarterly earnings results on Wednesday, September 9th. The company reported $2.31 earnings per share for the quarter, topping analysts’ consensus estimates of $2.07 by $0.24. Academy Sports and Outdoors had a net margin of 6.39% and a return on equity of 18.36%. The firm had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.65 billion. During the same period in the prior year, the company earned $1.94 EPS. The firm’s revenue was up 3.0% on a year-over-year basis. Academy Sports and Outdoors has set its FY 2026 guidance at 6.500-6.900 EPS. As a group, equities research analysts expect that Academy Sports and Outdoors, Inc. will post 6.24 earnings per share for the current fiscal year.

Academy Sports and Outdoors Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 16th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Wednesday, September 16th. Academy Sports and Outdoors’s payout ratio is currently 10.00%.

Insider Activity

In related news, President Samuel Johnson sold 70,303 shares of the firm’s stock in a transaction dated 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 sale, the president directly owned 36,861 shares in the company, valued at approximately $1,909,031.19. This trade represents a 65.60% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Brian T. Marley sold 10,432 shares of the firm’s stock in a transaction dated Tuesday, September 15th. The shares were 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 approximately $1,736,322.75. The trade was a 24.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 106,315 shares of company stock valued at $5,576,537 in the last ninety days. Company insiders own 4.08% of the company’s stock.

Analyst Ratings Changes

ASO has been the subject of a number of research reports. Telsey Advisory Group boosted their price target on Academy Sports and Outdoors from $60.00 to $63.00 and gave the company an “outperform” rating in a research report on Thursday, September 10th. UBS Group raised their price objective 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. Barclays lifted their price objective on Academy Sports and Outdoors from $50.00 to $53.00 and gave the company an “equal weight” rating in a research note on Thursday, September 10th. BMO Capital Markets set a $42.00 target price on Academy Sports and Outdoors and gave the stock a “market perform” rating in a report on Thursday, September 10th. Finally, Weiss Ratings raised shares of Academy Sports and Outdoors from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $58.54.

Check Out Our Latest Research Report on ASO

Academy Sports and Outdoors Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Academy Sports and Outdoors (NASDAQ:ASO)

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