21,077 Shares in Academy Sports and Outdoors, Inc. $ASO Acquired by Delphi Management Inc. MA

Delphi Management Inc. MA purchased a new position in Academy Sports and Outdoors, Inc. (NASDAQ:ASO) during the 1st quarter, HoldingsChannel reports. The institutional investor purchased 21,077 shares of the company’s stock, valued at approximately $1,190,000. Academy Sports and Outdoors comprises approximately 1.4% of Delphi Management Inc. MA’s holdings, making the stock its 27th largest holding.

A number of other hedge funds have also recently added to or reduced their stakes in ASO. Salomon & Ludwin LLC increased its holdings in shares of Academy Sports and Outdoors by 139.8% during the fourth quarter. Salomon & Ludwin LLC now owns 482 shares of the company’s stock valued at $26,000 after acquiring an additional 281 shares in the last quarter. Huntington National Bank grew its position in Academy Sports and Outdoors by 47.3% in the 3rd quarter. Huntington National Bank now owns 1,015 shares of the company’s stock valued at $51,000 after purchasing an additional 326 shares during the period. Bayforest Capital Ltd acquired a new stake in Academy Sports and Outdoors in the 4th quarter valued at $51,000. Advisory Services Network LLC bought a new stake in Academy Sports and Outdoors during the 3rd quarter valued at $61,000. Finally, EverSource Wealth Advisors LLC increased its stake in 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 valued at $62,000 after purchasing an additional 657 shares in the last quarter.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. B. Riley Financial restated a “buy” rating on shares of Academy Sports and Outdoors in a report on Wednesday, April 8th. Weiss Ratings downgraded shares of Academy Sports and Outdoors from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, June 11th. JPMorgan Chase & Co. lowered their target price on shares of Academy Sports and Outdoors from $60.00 to $59.00 and set a “neutral” rating on the stock in a report on Wednesday, June 10th. Stephens initiated coverage on shares of Academy Sports and Outdoors in a report on Wednesday, May 13th. They issued an “overweight” rating and a $78.00 target price on the stock. Finally, UBS Group cut their price target on 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. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, Academy Sports and Outdoors currently has a consensus rating of “Moderate Buy” and a consensus price target of $58.94.

Insider Buying and Selling at Academy Sports and Outdoors

In other news, Director Jeffrey C. Tweedy sold 4,000 shares of the business’s stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $60.00, for a total value of $240,000.00. Following the transaction, the director owned 7,835 shares in the company, valued at $470,100. The trade was a 33.80% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 3.62% of the stock is owned by insiders.

Academy Sports and Outdoors Stock Performance

Shares of ASO stock opened at $51.10 on Thursday. The firm has a 50-day moving average of $52.99 and a 200-day moving average of $54.92. The company has a market cap of $3.17 billion, a P/E ratio of 9.00, a P/E/G ratio of 0.72 and a beta of 1.04. 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 one year low of $41.29 and a one year high of $62.44.

Academy Sports and Outdoors (NASDAQ:ASO) last released its quarterly 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 business had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.44 billion. During the same period in the previous year, the company earned $0.76 earnings per share. The firm’s revenue for the quarter was up 6.7% compared to the same quarter last year. Academy Sports and Outdoors has set its FY 2026 guidance at 6.400-6.800 EPS. Equities research analysts forecast that Academy Sports and Outdoors, Inc. will post 6.07 EPS for the current fiscal year.

Academy Sports and Outdoors Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 16th. Shareholders of record on Thursday, June 18th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $0.60 annualized dividend and a dividend yield of 1.2%. Academy Sports and Outdoors’s dividend payout ratio (DPR) is currently 10.56%.

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.