Public Employees Retirement System of Ohio Acquires Shares of 46,869 Academy Sports and Outdoors, Inc. $ASO

Key Points

• Public Employees Retirement System of Ohio initiated a position in Academy Sports and Outdoors, buying 46,869 shares valued at approximately $2.21 million, or about 0.08% of the company.
• Academy reported quarterly EPS of $0.93, beating estimates by $0.02, while revenue rose 6.7% year over year to $1.44 billion. The company issued fiscal 2026 EPS guidance of $6.40–$6.80.
• The retailer declared a quarterly dividend of $0.15 per share, representing a 1.3% yield. Analysts maintain a consensus “Hold” rating, with an average price target of $58.31 versus the stock’s reported $44.94 price.

Public Employees Retirement System of Ohio bought a new position in Academy Sports and Outdoors, Inc. (NASDAQ:ASO - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 46,869 shares of the company's stock, valued at approximately $2,209,000. Public Employees Retirement System of Ohio owned approximately 0.08% of Academy Sports and Outdoors as of its most recent filing with the Securities & Exchange Commission.

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

Academy Sports and Outdoors Price Performance

Shares of ASO opened at $44.94 on Monday. The company has a market cap of $2.79 billion, a PE ratio of 7.91, a P/E/G ratio of 0.66 and a beta of 1.02. The business has a fifty day moving average of $46.84 and a 200 day moving average of $51.91. Academy Sports and Outdoors, Inc. has a 52-week low of $41.29 and a 52-week high of $62.44. 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 (NASDAQ:ASO - Get Free Report) last posted its quarterly earnings data on Tuesday, June 9th. The company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.91 by $0.02. Academy Sports and Outdoors had a net margin of 6.24% and a return on equity of 17.85%. The company had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.44 billion. During the same period in the previous year, the firm earned $0.76 earnings per share. Academy Sports and Outdoors's quarterly revenue was up 6.7% compared to the same quarter last year. Academy Sports and Outdoors has set its FY 2026 guidance at 6.400-6.800 EPS. On average, sell-side analysts expect that Academy Sports and Outdoors, Inc. will post 6.01 EPS for the current year.

Academy Sports and Outdoors Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 14th. Investors of record on Wednesday, September 16th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.3%. The ex-dividend date is Wednesday, September 16th. Academy Sports and Outdoors's dividend payout ratio is presently 10.56%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. Wells Fargo & Company reaffirmed a "hold" rating on shares of Academy Sports and Outdoors in a research note on Wednesday, June 10th. Telsey Advisory Group dropped their price objective on shares of Academy Sports and Outdoors from $65.00 to $60.00 and set an "outperform" rating for the company in a research note on Wednesday, September 2nd. UBS Group restated a "neutral" rating on shares of Academy Sports and Outdoors in a report on Wednesday. Barclays decreased their target price on shares of 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. Finally, The Goldman Sachs Group dropped their price target on Academy Sports and Outdoors from $67.00 to $60.00 and set a "buy" rating for the company in a research report on Wednesday, June 10th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $58.31.

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.

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