Cambria Investment Management L.P. Has $8.93 Million Holdings in Academy Sports and Outdoors, Inc. $ASO

Cambria Investment Management L.P. decreased its stake in shares of Academy Sports and Outdoors, Inc. (NASDAQ:ASO) by 6.5% in the 3rd quarter, Holdings Channel reports. The fund owned 178,443 shares of the company’s stock after selling 12,344 shares during the quarter. Cambria Investment Management L.P.’s holdings in Academy Sports and Outdoors were worth $8,926,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Nisa Investment Advisors LLC lifted its position in Academy Sports and Outdoors by 32.6% in the 3rd quarter. Nisa Investment Advisors LLC now owns 1,025 shares of the company’s stock valued at $51,000 after acquiring an additional 252 shares in the last quarter. Huntington National Bank increased its holdings in Academy Sports and Outdoors by 47.3% during the 3rd quarter. Huntington National Bank now owns 1,015 shares of the company’s stock worth $51,000 after purchasing an additional 326 shares in the last quarter. Hantz Financial Services Inc. increased its holdings in Academy Sports and Outdoors by 117.8% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,113 shares of the company’s stock worth $56,000 after purchasing an additional 602 shares in the last quarter. Advisory Services Network LLC acquired a new stake in shares of Academy Sports and Outdoors in the 3rd quarter valued at about $61,000. Finally, EverSource Wealth Advisors LLC raised its stake in shares of Academy Sports and Outdoors by 89.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,388 shares of the company’s stock valued at $62,000 after purchasing an additional 657 shares during the period.

Analyst Ratings Changes

Several research analysts have recently weighed in on ASO shares. Morgan Stanley upped their price objective on Academy Sports and Outdoors from $52.00 to $55.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 15th. Wells Fargo & Company dropped their target price on Academy Sports and Outdoors from $57.00 to $52.00 and set an “equal weight” rating on the stock in a research report on Wednesday. Barclays cut their target price on Academy Sports and Outdoors from $59.00 to $49.00 and set an “equal weight” rating on the stock in a research note on Wednesday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Academy Sports and Outdoors in a research report on Monday, December 29th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $61.00 price target on shares of Academy Sports and Outdoors in a research note on Tuesday. Nine investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Academy Sports and Outdoors has an average rating of “Hold” and a consensus price target of $58.78.

Key Headlines Impacting Academy Sports and Outdoors

Here are the key news stories impacting Academy Sports and Outdoors this week:

• Positive Sentiment: Company raised the quarterly dividend 15%, reported store expansion (24 new stores in 2025) and plans to open 20–25 stores in 2026 — signals of capital return and growth investment. GlobeNewswire: Q4 & Fiscal 2025 Results
• Positive Sentiment: Telsey Advisory reaffirmed an “Outperform” with a $65 price target, supporting upside thesis for longer‑term investors. Benzinga: Telsey reiterates Outperform
• Positive Sentiment: JPMorgan raised its price target (to $60) while keeping a neutral rating — a modest analytical vote of confidence amid the pullback. Benzinga: JPMorgan raises PT
• Neutral Sentiment: Operational mix: e‑commerce grew (~13.6% for the year) and gross margin expanded, but comps declined and transactions fell — the positives (omnichannel traction) are balanced by weaker traffic. MarketBeat: Stock Sinks After Earnings (analysis)
• Neutral Sentiment: Short‑interest data published for March appears inconsistent (entries show 0 shares / NaN change), suggesting reported short‑interest moves are likely data errors and not a confirmed catalyst. (No reliable article link available.)
• Negative Sentiment: Q4 missed expectations: EPS of $1.97 vs. consensus ~ $2.05 and revenue $1.72B vs. ~$1.76B; management issued cautious FY26 guidance and flagged consumer pressure (higher delinquencies, traffic declines), driving a recent sharp share selloff. MarketBeat: Q4 earnings report
• Negative Sentiment: Several brokers trimmed targets or turned more cautious (UBS, Wells Fargo, Barclays lowered PTs / assigned neutral/equal‑weight ratings), adding downward analyst pressure on the stock. Benzinga: Analyst price target moves

Academy Sports and Outdoors Stock Performance

NASDAQ ASO opened at $50.75 on Thursday. The company has a current ratio of 1.89, a quick ratio of 0.32 and a debt-to-equity ratio of 0.22. The firm’s fifty day moving average price is $57.72 and its two-hundred day moving average price is $52.47. Academy Sports and Outdoors, Inc. has a 1 year low of $33.34 and a 1 year high of $62.44. The firm has a market capitalization of $3.38 billion, a P/E ratio of 9.13, a price-to-earnings-growth ratio of 0.87 and a beta of 1.23.

Academy Sports and Outdoors (NASDAQ:ASO) last announced its quarterly earnings data on Tuesday, March 17th. The company reported $1.97 EPS for the quarter, missing analysts’ consensus estimates of $2.05 by ($0.08). The firm had revenue of $1.72 billion during the quarter, compared to the consensus estimate of $1.76 billion. Academy Sports and Outdoors had a net margin of 6.22% and a return on equity of 17.88%. The business’s revenue was up 2.5% on a year-over-year basis. During the same period last year, the business earned $1.96 EPS. As a group, research analysts anticipate that Academy Sports and Outdoors, Inc. will post 5.59 EPS for the current year.

Academy Sports and Outdoors Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 10th. Investors of record on Friday, March 20th will be issued a dividend of $0.15 per share. The ex-dividend date is Friday, March 20th. This is an increase from Academy Sports and Outdoors’s previous quarterly dividend of $0.13. This represents a $0.60 dividend on an annualized basis and a yield of 1.2%. Academy Sports and Outdoors’s dividend payout ratio is 9.51%.

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.