Villanova Investment Management Co LLC Increases Holdings in Academy Sports and Outdoors, Inc. $ASO

Villanova Investment Management Co LLC boosted its position in Academy Sports and Outdoors, Inc. (NASDAQ:ASO) by 62.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 39,230 shares of the company’s stock after buying an additional 15,061 shares during the period. Villanova Investment Management Co LLC owned approximately 0.06% of Academy Sports and Outdoors worth $1,962,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of ASO. Huntington National Bank increased its stake in shares of Academy Sports and Outdoors by 214.6% in the second quarter. Huntington National Bank now owns 689 shares of the company’s stock worth $31,000 after acquiring an additional 470 shares during the period. Nisa Investment Advisors LLC grew its position in Academy Sports and Outdoors by 32.6% during the 3rd quarter. Nisa Investment Advisors LLC now owns 1,025 shares of the company’s stock worth $51,000 after purchasing an additional 252 shares during the period. Hantz Financial Services Inc. raised its stake in shares of 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 valued at $56,000 after buying an additional 602 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of Academy Sports and Outdoors by 89.9% in 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 last quarter. Finally, Parkside Financial Bank & Trust grew its holdings in Academy Sports and Outdoors by 15.9% during the third quarter. Parkside Financial Bank & Trust now owns 1,708 shares of the company’s stock worth $85,000 after acquiring an additional 234 shares during the period.

Insider Activity

In related news, Director Brian T. Marley sold 3,500 shares of the stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $55.01, for a total value of $192,535.00. Following the completion of the sale, the director owned 39,107 shares of the company’s stock, valued at approximately $2,151,276.07. This trade represents a 8.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 3.62% of the stock is owned by company insiders.

Academy Sports and Outdoors Stock Down 0.5%

Shares of ASO opened at $58.78 on Monday. The stock has a 50 day moving average price of $55.67 and a 200 day moving average price of $51.78. Academy Sports and Outdoors, Inc. has a one year low of $33.34 and a one year high of $61.37. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.32 and a current ratio of 1.71. The stock has a market capitalization of $3.92 billion, a price-to-earnings ratio of 10.75, a PEG ratio of 1.03 and a beta of 1.26.

Academy Sports and Outdoors (NASDAQ:ASO) last issued its earnings results on Tuesday, December 9th. The company reported $1.14 EPS for the quarter, beating analysts’ consensus estimates of $1.06 by $0.08. The business had revenue of $1.38 billion during the quarter, compared to analysts’ expectations of $1.41 billion. Academy Sports and Outdoors had a net margin of 6.27% and a return on equity of 18.24%. The company’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.98 earnings per share. Academy Sports and Outdoors has set its FY 2025 guidance at 5.650-6.150 EPS. Equities research analysts forecast that Academy Sports and Outdoors, Inc. will post 5.59 earnings per share for the current fiscal year.

Academy Sports and Outdoors Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Thursday, December 18th were issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Thursday, December 18th. Academy Sports and Outdoors’s payout ratio is currently 9.51%.

Analysts Set New Price Targets

ASO has been the topic of several recent research reports. Barclays upped their price objective on Academy Sports and Outdoors from $51.00 to $59.00 and gave the stock an “equal weight” rating in a research report on Wednesday, December 10th. Bank of America increased their price target on shares of Academy Sports and Outdoors from $55.00 to $58.00 and gave the stock a “neutral” rating in a report on Wednesday, December 10th. UBS Group lifted their price objective on shares of Academy Sports and Outdoors from $52.00 to $54.00 and gave the company a “neutral” rating in a report on Wednesday, December 10th. Truist Financial set a $59.00 target price on shares of Academy Sports and Outdoors in a research note on Wednesday, January 14th. Finally, Telsey Advisory Group restated an “outperform” rating and issued a $65.00 price target on shares of Academy Sports and Outdoors in a research note on Tuesday, December 9th. Ten analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $59.89.

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.