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

Cambria Investment Management L.P. lessened its position in shares of Academy Sports and Outdoors, Inc. (NASDAQ:ASO) by 6.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 178,443 shares of the company’s stock after selling 12,344 shares during the quarter. Cambria Investment Management L.P. owned about 0.27% of Academy Sports and Outdoors worth $8,926,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Trust Investment Advisors increased its position in Academy Sports and Outdoors by 5.0% in the third quarter. Trust Investment Advisors now owns 15,232 shares of the company’s stock worth $762,000 after purchasing an additional 728 shares during the period. CIBC Bancorp USA Inc. acquired a new position in Academy Sports and Outdoors during the 3rd quarter valued at about $354,000. Advisory Services Network LLC bought a new position in shares of Academy Sports and Outdoors in the 3rd quarter valued at about $61,000. Armistice Capital LLC bought a new position in shares of Academy Sports and Outdoors in the 3rd quarter valued at about $546,000. Finally, Dark Forest Capital Management LP acquired a new stake in shares of Academy Sports and Outdoors during the 3rd quarter worth approximately $572,000.

Academy Sports and Outdoors Stock Performance

Shares of Academy Sports and Outdoors stock opened at $50.75 on Thursday. The stock’s fifty day simple moving average is $57.72 and its 200 day simple moving average is $52.47. 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 company has a market capitalization of $3.38 billion, a PE ratio of 9.13, a PEG ratio of 0.87 and a beta of 1.23. Academy Sports and Outdoors, Inc. has a 12 month low of $33.34 and a 12 month high of $62.44.

Academy Sports and Outdoors (NASDAQ:ASO) last posted its earnings results on Tuesday, March 17th. The company reported $1.97 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.05 by ($0.08). Academy Sports and Outdoors had a net margin of 6.22% and a return on equity of 17.88%. The business had revenue of $1.72 billion during the quarter, compared to analyst estimates of $1.76 billion. During the same period in the previous year, the firm posted $1.96 earnings per share. The firm’s revenue was up 2.5% on a year-over-year basis. On average, research analysts predict 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 disclosed a quarterly dividend, which will be paid on Friday, April 10th. Investors of record on Friday, March 20th will be given a $0.15 dividend. The ex-dividend date is Friday, March 20th. This represents a $0.60 annualized dividend and a dividend yield of 1.2%. This is a boost from Academy Sports and Outdoors’s previous quarterly dividend of $0.13. Academy Sports and Outdoors’s payout ratio is presently 9.51%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Telsey Advisory Group reissued an “outperform” rating and set a $65.00 price target on shares of Academy Sports and Outdoors in a research note on Tuesday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Academy Sports and Outdoors in a research note on Monday, December 29th. Jefferies Financial Group reiterated a “buy” rating and set a $61.00 target price on shares of Academy Sports and Outdoors in a research report on Tuesday. Wells Fargo & Company dropped their target price on shares of Academy Sports and Outdoors from $57.00 to $52.00 and set an “equal weight” rating for the company in a research report on Wednesday. Finally, Barclays cut their price target 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. Nine equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $58.78.

More Academy Sports and Outdoors News

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

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.