11,629 Shares in Academy Sports and Outdoors, Inc. $ASO Purchased by Callan Family Office LLC

Callan Family Office LLC bought a new position in Academy Sports and Outdoors, Inc. (NASDAQ:ASO) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm bought 11,629 shares of the company’s stock, valued at approximately $548,000.

A number of other large investors have also made changes to their positions in ASO. EverSource Wealth Advisors LLC grew its holdings in Academy Sports and Outdoors by 38.9% in the 1st quarter. EverSource Wealth Advisors LLC now owns 921 shares of the company’s stock valued at $52,000 after buying an additional 258 shares in the last quarter. State of Wyoming acquired a new position in shares of Academy Sports and Outdoors during the 2nd quarter valued at about $55,000. Advisory Services Network LLC purchased a new stake in shares of Academy Sports and Outdoors in the third quarter valued at about $61,000. Clearstead Advisors LLC increased its position in Academy Sports and Outdoors by 192.6% during the fourth quarter. Clearstead Advisors LLC now owns 1,311 shares of the company’s stock worth $65,000 after purchasing an additional 863 shares during the last quarter. Finally, Smartleaf Asset Management LLC boosted its holdings in Academy Sports and Outdoors by 12.1% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,742 shares of the company’s stock valued at $86,000 after purchasing an additional 188 shares during the last quarter.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Truist Financial cut their price target on shares of Academy Sports and Outdoors from $54.00 to $52.00 and set a “hold” rating for the company in a report on Wednesday, June 10th. Barclays lowered their price objective on Academy Sports and Outdoors from $55.00 to $50.00 and set an “equal weight” rating for the company in a research report on Thursday, June 11th. Wells Fargo & Company restated a “hold” rating on shares of Academy Sports and Outdoors in a research report on Wednesday, June 10th. The Goldman Sachs Group reduced their target price on Academy Sports and Outdoors from $67.00 to $60.00 and set a “buy” rating on the stock in a research report on Wednesday, June 10th. Finally, JPMorgan Chase & Co. decreased their price target on Academy Sports and Outdoors from $60.00 to $59.00 and set a “neutral” rating on the stock in a research note on Wednesday, June 10th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, Academy Sports and Outdoors currently has an average rating of “Hold” and a consensus target price of $58.07.

Academy Sports and Outdoors Price Performance

ASO stock opened at $43.47 on Wednesday. The company has a current ratio of 1.68, a quick ratio of 0.36 and a debt-to-equity ratio of 0.23. The company has a market capitalization of $2.70 billion, a PE ratio of 7.65, a P/E/G ratio of 0.67 and a beta of 1.06. Academy Sports and Outdoors, Inc. has a 12-month low of $41.29 and a 12-month high of $62.44. The business’s fifty day moving average price is $47.94 and its 200 day moving average price is $52.75.

Academy Sports and Outdoors (NASDAQ:ASO) last posted its earnings results on Tuesday, June 9th. The company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.91 by $0.02. The firm had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.44 billion. Academy Sports and Outdoors had a return on equity of 17.85% and a net margin of 6.24%.Academy Sports and Outdoors’s revenue was up 6.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.76 EPS. Academy Sports and Outdoors has set its FY 2026 guidance at 6.400-6.800 EPS. On average, sell-side analysts anticipate that Academy Sports and Outdoors, Inc. will post 6.08 EPS for the current year.

Academy Sports and Outdoors Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 16th. Stockholders of record on Thursday, June 18th were paid a $0.15 dividend. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $0.60 annualized dividend and a dividend yield of 1.4%. Academy Sports and Outdoors’s dividend payout ratio (DPR) is presently 10.56%.

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.