Academy Sports and Outdoors, Inc. $ASO Shares Sold by Janus Henderson Group PLC

Janus Henderson Group PLC cut its holdings in Academy Sports and Outdoors, Inc. (NASDAQ:ASO) by 47.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 156,868 shares of the company’s stock after selling 140,402 shares during the quarter. Janus Henderson Group PLC’s holdings in Academy Sports and Outdoors were worth $8,855,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ASO. Royal Bank of Canada boosted its position in shares of Academy Sports and Outdoors by 8.5% during the 1st quarter. Royal Bank of Canada now owns 59,775 shares of the company’s stock worth $2,726,000 after purchasing an additional 4,665 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Academy Sports and Outdoors by 3.2% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 40,472 shares of the company’s stock valued at $1,846,000 after purchasing an additional 1,257 shares in the last quarter. United Services Automobile Association purchased a new position in shares of Academy Sports and Outdoors in the 1st quarter valued at about $223,000. Strs Ohio purchased a new stake in Academy Sports and Outdoors during the first quarter worth about $128,000. Finally, EverSource Wealth Advisors LLC grew its position in Academy Sports and Outdoors by 89.9% during the second quarter. EverSource Wealth Advisors LLC now owns 1,388 shares of the company’s stock worth $62,000 after buying an additional 657 shares during the period.

Analyst Upgrades and Downgrades

A number of analysts have commented on ASO shares. Barclays decreased their target price on Academy Sports and Outdoors from $55.00 to $50.00 and set an “equal weight” rating on the stock in a research report on Thursday, June 11th. Stephens started coverage on Academy Sports and Outdoors in a research note on Wednesday, May 13th. They set an “overweight” rating and a $78.00 price target for the company. Guggenheim boosted their price objective on shares of Academy Sports and Outdoors from $60.00 to $65.00 and gave the stock a “buy” rating in a research report on Wednesday, April 8th. The Goldman Sachs Group lowered their price objective on shares of Academy Sports and Outdoors from $67.00 to $60.00 and set a “buy” rating on the stock in a research note on Wednesday, June 10th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Academy Sports and Outdoors from $60.00 to $59.00 and set a “neutral” rating for the company in a report on Wednesday, June 10th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $58.07.

Academy Sports and Outdoors Stock Performance

NASDAQ ASO opened at $47.87 on Thursday. The company has a quick ratio of 0.36, a current ratio of 1.68 and a debt-to-equity ratio of 0.23. Academy Sports and Outdoors, Inc. has a fifty-two week low of $41.29 and a fifty-two week high of $62.44. The business has a fifty day moving average of $49.10 and a 200-day moving average of $53.68. The stock has a market cap of $2.97 billion, a price-to-earnings ratio of 8.43, a price-to-earnings-growth ratio of 0.70 and a beta of 1.06.

Academy Sports and Outdoors (NASDAQ:ASO) last posted its quarterly earnings data on Tuesday, June 9th. The company reported $0.93 EPS for the quarter, beating analysts’ consensus estimates of $0.91 by $0.02. The business 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%.The business’s revenue for the quarter was up 6.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.76 earnings per share. Academy Sports and Outdoors has set its FY 2026 guidance at 6.400-6.800 EPS. As a group, analysts predict that Academy Sports and Outdoors, Inc. will post 6.08 earnings per share for the current fiscal year.

Academy Sports and Outdoors Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 16th. Stockholders of record on Thursday, June 18th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Thursday, June 18th. Academy Sports and Outdoors’s payout ratio is currently 10.56%.

Academy Sports and Outdoors 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.