Universal Beteiligungs und Servicegesellschaft mbH Has $7.22 Million Stock Holdings in Academy Sports and Outdoors, Inc. $ASO

Universal Beteiligungs und Servicegesellschaft mbH boosted its position in Academy Sports and Outdoors, Inc. (NASDAQ:ASO) by 36.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 144,374 shares of the company’s stock after buying an additional 38,526 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.22% of Academy Sports and Outdoors worth $7,222,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Huntington National Bank increased its holdings in shares of Academy Sports and Outdoors by 214.6% during the second quarter. Huntington National Bank now owns 689 shares of the company’s stock valued at $31,000 after acquiring an additional 470 shares in the last quarter. Nisa Investment Advisors LLC grew its position in Academy Sports and Outdoors by 32.6% in the 3rd quarter. Nisa Investment Advisors LLC now owns 1,025 shares of the company’s stock valued at $51,000 after purchasing an additional 252 shares during the period. EverSource Wealth Advisors LLC increased its stake in 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 valued at $62,000 after purchasing an additional 657 shares in the last quarter. Strs Ohio acquired a new position in Academy Sports and Outdoors during the first quarter worth $128,000. Finally, Lazard Asset Management LLC lifted its stake in shares of Academy Sports and Outdoors by 12.4% in the second quarter. Lazard Asset Management LLC now owns 3,270 shares of the company’s stock valued at $146,000 after buying an additional 360 shares in the last quarter.

Insiders Place Their Bets

In other news, Director Brian T. Marley sold 17,071 shares of the stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $55.31, for a total transaction of $944,197.01. Following the completion of the transaction, the director directly owned 42,607 shares of the company’s stock, valued at $2,356,593.17. This represents a 28.61% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 3.62% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Evercore ISI upped their target price on shares of Academy Sports and Outdoors from $50.00 to $55.00 and gave the stock an “in-line” rating in a report on Tuesday, October 14th. Jefferies Financial Group restated a “buy” rating and issued a $65.00 target price on shares of Academy Sports and Outdoors in a report on Friday, January 2nd. Bank of America lifted their target price on Academy Sports and Outdoors from $55.00 to $58.00 and gave the company a “neutral” rating in a research report on Wednesday, December 10th. Barclays increased their price target on Academy Sports and Outdoors from $51.00 to $59.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 10th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Academy Sports and Outdoors in a research note on Monday, December 29th. Ten research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $59.89.

Academy Sports and Outdoors Stock Down 0.4%

ASO stock opened at $56.82 on Monday. The stock has a market cap of $3.79 billion, a P/E ratio of 10.39, a P/E/G ratio of 1.09 and a beta of 1.25. The company has a current ratio of 1.71, a quick ratio of 0.32 and a debt-to-equity ratio of 0.22. The stock’s fifty day simple moving average is $51.94 and its two-hundred day simple moving average is $51.13. Academy Sports and Outdoors, Inc. has a 1-year low of $33.34 and a 1-year high of $59.49.

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

Academy Sports and Outdoors Dividend Announcement

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

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.