SCHEDULE: Royce & Associates Discloses 5.81% Stake in American Outdoor Brands

Royce & Associates LP has filed a Schedule 13G, revealing a beneficial ownership of 5.81% of American Outdoor Brands Inc.'s common stock, totaling 740,629 shares.

Summary

• Royce & Associates LP, an investment adviser, reported beneficial ownership of 740,629 shares of American Outdoor Brands Inc. common stock.
• This ownership represents 5.81% of the total class of securities.
• The shares are held with sole voting power and sole dispositive power by Royce & Associates LP.
• The filing indicates that the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.
• The event requiring this filing occurred on June 30, 2025.

Sentiment

Score: 5

Explanation: Neutral, as this is a factual disclosure of an ownership stake by an investment adviser, with no operational or financial performance details of the issuer.

Future Outlook

NA

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect."
• Royce & Associates, LP (RALP) exercises voting and investment powers on behalf of its investment management clients independently of Franklin Resources, Inc. (FRI) affiliates.
• RALP disclaims any pecuniary interest in any of the securities reported in this Schedule 13G and disclaims being the beneficial owner as defined in Rule 13d-3.
• RALP believes it is not a 'group' with FRI affiliates, the Principal Shareholders (Charles B. Johnson and Rupert H. Johnson, Jr.), or their respective affiliates within the meaning of Rule 13d-5.

Industry Context

This Schedule 13G filing indicates that Royce & Associates LP, a prominent investment adviser, has taken a significant passive stake in American Outdoor Brands Inc. Such filings are standard disclosures when an institutional investor's beneficial ownership in a public company exceeds 5%, signaling a notable position in the company's equity without intent to influence control.

Stakeholder Impact

• Shareholders: The disclosure of a new significant institutional holder may be viewed positively, indicating institutional confidence, or neutrally, as it's a passive investment.

Key Dates

Keywords

American Outdoor Brands Inc., Royce & Associates LP, Schedule 13G, Beneficial Ownership, Common Stock, Investment Adviser, SEC Filing, AOUT