Callan Family Office LLC Invests $548,000 in Academy Sports and Outdoors, Inc. $ASO

Callan Family Office LLC acquired a new position in shares of Academy Sports and Outdoors, Inc. (NASDAQ:ASO) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 11,629 shares of the company’s stock, valued at approximately $548,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC grew its stake in Academy Sports and Outdoors by 38.9% during the 1st quarter. EverSource Wealth Advisors LLC now owns 921 shares of the company’s stock worth $52,000 after purchasing an additional 258 shares in the last quarter. State of Wyoming purchased a new stake in Academy Sports and Outdoors during the 2nd quarter worth about $55,000. Advisory Services Network LLC acquired a new stake in Academy Sports and Outdoors in the 3rd quarter valued at about $61,000. Clearstead Advisors LLC raised its position in Academy Sports and Outdoors by 192.6% in the 4th quarter. Clearstead Advisors LLC now owns 1,311 shares of the company’s stock valued at $65,000 after purchasing an additional 863 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its position in Academy Sports and Outdoors by 12.1% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,742 shares of the company’s stock valued at $86,000 after purchasing an additional 188 shares in the last quarter.

Academy Sports and Outdoors Stock Down 5.8%

Shares of NASDAQ:ASO opened at $43.47 on Wednesday. The firm has a 50 day simple moving average of $47.94 and a 200-day simple moving average of $52.75. Academy Sports and Outdoors, Inc. has a twelve month low of $41.29 and a twelve month high of $62.44. The company has a current ratio of 1.68, a quick ratio of 0.36 and a debt-to-equity ratio of 0.23. The company has a market capitalization of $2.70 billion, a PE ratio of 7.65, a P/E/G ratio of 0.67 and a beta of 1.06.

Academy Sports and Outdoors (NASDAQ:ASO) last posted its earnings results on Tuesday, June 9th. The company reported $0.93 EPS for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.44 billion. During the same period last year, the firm posted $0.76 EPS. The company’s revenue 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. On average, equities analysts predict that Academy Sports and Outdoors, Inc. will post 6.08 EPS for the current fiscal year.

Academy Sports and Outdoors Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 16th. Shareholders of record on Thursday, June 18th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.4%. The ex-dividend date was Thursday, June 18th. Academy Sports and Outdoors’s dividend payout ratio is currently 10.56%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Wells Fargo & Company reissued a “hold” rating on shares of Academy Sports and Outdoors in a research report on Wednesday, June 10th. Barclays reduced 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 report on Thursday, June 11th. Weiss Ratings downgraded shares of Academy Sports and Outdoors from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 11th. The Goldman Sachs Group lowered their price target on shares of Academy Sports and Outdoors from $67.00 to $60.00 and set a “buy” rating for the company in a report on Wednesday, June 10th. Finally, Truist Financial dropped their price objective on shares of Academy Sports and Outdoors from $54.00 to $52.00 and set a “hold” rating on the stock in a research report on Wednesday, June 10th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, Academy Sports and Outdoors has an average rating of “Hold” and an average target price of $58.07.

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.