State of New Jersey Common Pension Fund D Acquires 9,575 Shares of Academy Sports and Outdoors, Inc. $ASO

07 May 2026, 05:25 by Renee Jackson · The Cerbat Gem

State of New Jersey Common Pension Fund D grew its holdings in shares of Academy Sports and Outdoors, Inc. (NASDAQ:ASO – Free Report) by 23.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 50,797 shares of the company’s stock after acquiring an additional 9,575 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Academy Sports and Outdoors were worth $2,538,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Salomon & Ludwin LLC lifted its stake in shares of Academy Sports and Outdoors by 139.8% during the 4th quarter. Salomon & Ludwin LLC now owns 482 shares of the company’s stock valued at $26,000 after buying an additional 281 shares in the last quarter. Nisa Investment Advisors LLC lifted its stake in shares of Academy Sports and Outdoors by 32.6% during the 3rd quarter. Nisa Investment Advisors LLC now owns 1,025 shares of the company’s stock valued at $51,000 after buying an additional 252 shares in the last quarter. Huntington National Bank lifted its stake in shares of Academy Sports and Outdoors by 47.3% during the 3rd quarter. Huntington National Bank now owns 1,015 shares of the company’s stock valued at $51,000 after buying an additional 326 shares in the last quarter. Bayforest Capital Ltd purchased a new position in shares of Academy Sports and Outdoors during the 4th quarter valued at $51,000. Finally, Hantz Financial Services Inc. lifted its stake in shares of Academy Sports and Outdoors by 117.8% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,113 shares of the company’s stock valued at $56,000 after buying an additional 602 shares in the last quarter.

Academy Sports and Outdoors Stock Up 4.7%

Shares of ASO stock opened at $54.48 on Thursday. The company’s fifty day simple moving average is $56.71 and its two-hundred day simple moving average is $53.81. The company has a quick ratio of 0.44, a current ratio of 1.89 and a debt-to-equity ratio of 0.22. The stock has a market cap of $3.51 billion, a P/E ratio of 9.80, a PEG ratio of 0.81 and a beta of 1.06. Academy Sports and Outdoors, Inc. has a 52 week low of $37.96 and a 52 week high of $62.44.

Academy Sports and Outdoors (NASDAQ:ASO – Get Free Report) last announced its earnings results on Tuesday, March 17th. The company reported $1.97 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.05 by ($0.08). The business had revenue of $1.72 billion for the quarter, compared to analysts’ expectations of $1.76 billion. Academy Sports and Outdoors had a net margin of 6.22% and a return on equity of 17.88%. The firm’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.96 earnings per share. Analysts predict that Academy Sports and Outdoors, Inc. will post 5.95 EPS for the current fiscal year.

Academy Sports and Outdoors Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 10th. Stockholders of record on Friday, March 20th were given a dividend of $0.15 per share. The ex-dividend date was Friday, March 20th. This represents a $0.60 annualized dividend and a dividend yield of 1.1%. This is a positive change from Academy Sports and Outdoors’s previous quarterly dividend of $0.13. Academy Sports and Outdoors’s dividend payout ratio is currently 10.79%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on ASO shares. Guggenheim lifted their target price on shares of Academy Sports and Outdoors from $60.00 to $65.00 and gave the company a “buy” rating in a research note on Wednesday, April 8th. Telsey Advisory Group restated an “outperform” rating and set a $65.00 target price on shares of Academy Sports and Outdoors in a research note on Tuesday, March 17th. B. Riley Financial restated a “buy” rating on shares of Academy Sports and Outdoors in a research note on Wednesday, April 8th. Barclays lifted their target price on shares of Academy Sports and Outdoors from $49.00 to $55.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 8th. Finally, UBS Group lowered their target price on shares of Academy Sports and Outdoors from $60.00 to $56.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 18th. Six research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat.com, Academy Sports and Outdoors currently has a consensus rating of “Hold” and a consensus target price of $58.57.

Read Our Latest Stock Analysis on Academy Sports and Outdoors

Insider Activity

In other news, Director Jeffrey C. Tweedy sold 4,000 shares of the company’s stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $60.00, for a total transaction of $240,000.00. Following the sale, the director directly owned 7,835 shares in the company, valued at approximately $470,100. This represents a 33.80% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 3.62% of the company’s stock.

Academy Sports and Outdoors Company Profile

(Free Report)

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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