Academy Sports and Outdoors, Inc. $ASO Shares Bought by BNP Paribas Financial Markets

BNP Paribas Financial Markets raised its holdings in Academy Sports and Outdoors, Inc. (NASDAQ:ASO) by 54.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 144,573 shares of the company’s stock after acquiring an additional 50,974 shares during the period. BNP Paribas Financial Markets’ holdings in Academy Sports and Outdoors were worth $7,223,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of ASO. Citigroup Inc. grew its holdings in Academy Sports and Outdoors by 105.8% in the 3rd quarter. Citigroup Inc. now owns 162,571 shares of the company’s stock valued at $8,132,000 after buying an additional 83,572 shares during the period. Junto Capital Management LP purchased a new stake in Academy Sports and Outdoors in the 3rd quarter valued at about $36,567,000. Fifth Third Bancorp grew its holdings in Academy Sports and Outdoors by 9,627.2% in the 3rd quarter. Fifth Third Bancorp now owns 58,363 shares of the company’s stock valued at $2,919,000 after buying an additional 57,763 shares during the period. Heartland Advisors Inc. grew its holdings in Academy Sports and Outdoors by 71.9% in the 3rd quarter. Heartland Advisors Inc. now owns 273,617 shares of the company’s stock valued at $13,686,000 after buying an additional 114,427 shares during the period. Finally, King Luther Capital Management Corp grew its holdings in Academy Sports and Outdoors by 12.6% in the 4th quarter. King Luther Capital Management Corp now owns 1,573,073 shares of the company’s stock valued at $78,591,000 after buying an additional 176,463 shares during the period.

Analyst Upgrades and Downgrades

Several research firms have commented on ASO. Truist Financial set a $54.00 price target on Academy Sports and Outdoors in a report on Monday, April 20th. Barclays lifted their price target on Academy Sports and Outdoors from $49.00 to $55.00 and gave the company an “equal weight” rating in a report on Wednesday, April 8th. B. Riley Financial restated a “buy” rating on shares of Academy Sports and Outdoors in a report on Wednesday, April 8th. JPMorgan Chase & Co. lifted their price target on Academy Sports and Outdoors from $56.00 to $60.00 and gave the company a “neutral” rating in a report on Wednesday, March 18th. Finally, Telsey Advisory Group restated an “outperform” rating and issued a $65.00 price target on shares of Academy Sports and Outdoors in a report on Tuesday, March 17th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $59.87.

Insider Activity

In other news, Director Jeffrey C. Tweedy sold 4,000 shares of the business’s stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $60.00, for a total transaction of $240,000.00. Following the completion of the sale, the director owned 7,835 shares in the company, valued at approximately $470,100. The trade was a 33.80% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 3.62% of the company’s stock.

Academy Sports and Outdoors News Roundup

Here are the key news stories impacting Academy Sports and Outdoors this week:

• Positive Sentiment: Q1 adjusted EPS came in at $0.93, topping estimates, while revenue rose 6.7% year over year to $1.44 billion and comparable sales increased 2.9%, signaling solid execution and resilient traffic. Article Title
• Positive Sentiment: Academy raised FY 2026 guidance to EPS of $6.40-$6.80 and revenue of $6.2 billion-$6.4 billion, both above Street expectations, which supports the bull case for continued earnings growth. Article Title
• Positive Sentiment: Management highlighted 17.4% e-commerce growth and strong new-store performance, suggesting multiple growth engines are contributing to results. Article Title
• Neutral Sentiment: Short-interest data showed 0 shares reported, offering no meaningful signal for near-term trading direction.
• Neutral Sentiment: Analyst commentary and transcript/presentation coverage this morning appear to be focused on parsing the details of the quarter rather than introducing new fundamental risks. Article Title
• Negative Sentiment: Management cautioned that consumers will remain “squeezed” through 2026, which could limit discretionary spending and temper the sustainability of sales momentum. Article Title

Academy Sports and Outdoors Stock Down 2.5%

Shares of NASDAQ:ASO opened at $50.37 on Wednesday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.44 and a current ratio of 1.89. Academy Sports and Outdoors, Inc. has a 1 year low of $41.29 and a 1 year high of $62.44. The stock has a market capitalization of $3.25 billion, a P/E ratio of 9.06, a PEG ratio of 0.80 and a beta of 1.04. The stock has a 50-day simple moving average of $54.33 and a 200-day simple moving average of $54.65.

Academy Sports and Outdoors (NASDAQ:ASO) last issued its earnings results on Tuesday, June 9th. The company reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.91 by $0.02. Academy Sports and Outdoors had a return on equity of 17.88% and a net margin of 6.22%.The business had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.44 billion. During the same quarter in the previous year, the business earned $0.76 EPS. The company’s revenue for the quarter was up 6.7% on a year-over-year basis. Academy Sports and Outdoors has set its FY 2026 guidance at 6.400-6.800 EPS. Equities analysts forecast that Academy Sports and Outdoors, Inc. will post 5.93 earnings per share for the current year.

Academy Sports and Outdoors Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 16th. Stockholders of record on Thursday, June 18th will be issued a dividend of $0.15 per share. The ex-dividend date is Thursday, June 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.2%. Academy Sports and Outdoors’s payout ratio is presently 10.79%.

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.