World Investment Advisors Makes New Investment in DICK’S Sporting Goods, Inc. $DKS

World Investment Advisors acquired a new stake in DICK’S Sporting Goods, Inc. (NYSE:DKS) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 2,880 shares of the sporting goods retailer’s stock, valued at approximately $571,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of DKS. Jacobi Capital Management LLC boosted its holdings in shares of DICK’S Sporting Goods by 4.5% during the fourth quarter. Jacobi Capital Management LLC now owns 1,189 shares of the sporting goods retailer’s stock worth $235,000 after purchasing an additional 51 shares during the period. Lido Advisors LLC increased its holdings in DICK’S Sporting Goods by 3.9% during the 3rd quarter. Lido Advisors LLC now owns 1,358 shares of the sporting goods retailer’s stock valued at $302,000 after purchasing an additional 51 shares during the period. Bath Savings Trust Co raised its position in DICK’S Sporting Goods by 0.4% during the 4th quarter. Bath Savings Trust Co now owns 12,366 shares of the sporting goods retailer’s stock valued at $2,448,000 after purchasing an additional 53 shares during the last quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO raised its position in DICK’S Sporting Goods by 0.3% during the 4th quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 16,458 shares of the sporting goods retailer’s stock valued at $3,258,000 after purchasing an additional 54 shares during the last quarter. Finally, Fifth Third Wealth Advisors LLC lifted its holdings in DICK’S Sporting Goods by 2.4% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 2,284 shares of the sporting goods retailer’s stock worth $453,000 after buying an additional 54 shares during the period. 89.83% of the stock is owned by institutional investors.

DICK’S Sporting Goods Stock Up 0.3%

Shares of DKS stock traded up $0.75 during midday trading on Friday, reaching $218.07. 635,750 shares of the stock were exchanged, compared to its average volume of 1,064,272. DICK’S Sporting Goods, Inc. has a 1 year low of $186.67 and a 1 year high of $244.38. The company’s 50 day moving average is $224.25 and its two-hundred day moving average is $212.34. The company has a current ratio of 1.50, a quick ratio of 0.38 and a debt-to-equity ratio of 0.34. The firm has a market cap of $19.52 billion, a PE ratio of 20.73, a price-to-earnings-growth ratio of 1.90 and a beta of 1.19.

DICK’S Sporting Goods (NYSE:DKS) last announced its earnings results on Wednesday, May 27th. The sporting goods retailer reported $2.90 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.91 by ($0.01). The firm had revenue of $5.16 billion during the quarter, compared to the consensus estimate of $5.07 billion. DICK’S Sporting Goods had a return on equity of 22.22% and a net margin of 4.71%.The firm’s revenue was up 62.7% on a year-over-year basis. During the same period in the prior year, the company posted $3.37 EPS. DICK’S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. On average, equities research analysts predict that DICK’S Sporting Goods, Inc. will post 14.24 EPS for the current year.

DICK’S Sporting Goods Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Friday, June 12th were issued a $1.25 dividend. The ex-dividend date was Friday, June 12th. This represents a $5.00 dividend on an annualized basis and a yield of 2.3%. DICK’S Sporting Goods’s dividend payout ratio is 47.53%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. BTIG Research reissued a “buy” rating and set a $300.00 target price on shares of DICK’S Sporting Goods in a research note on Thursday, May 28th. Weiss Ratings lowered DICK’S Sporting Goods from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, June 5th. Barclays lifted their price target on shares of DICK’S Sporting Goods from $264.00 to $280.00 and gave the company an “overweight” rating in a report on Thursday, May 28th. DA Davidson restated a “buy” rating and issued a $260.00 price objective on shares of DICK’S Sporting Goods in a report on Wednesday, July 1st. Finally, Telsey Advisory Group upped their price objective on shares of DICK’S Sporting Goods from $240.00 to $255.00 and gave the stock an “outperform” rating in a report on Wednesday, May 20th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $254.71.

Insider Buying and Selling

In other DICK’S Sporting Goods news, EVP Julie Lodge-Jarrett sold 4,140 shares of the firm’s stock in a transaction on Friday, April 17th. The stock was sold at an average price of $223.56, for a total transaction of $925,538.40. Following the completion of the transaction, the executive vice president owned 24,757 shares of the company’s stock, valued at approximately $5,534,674.92. This trade represents a 14.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 28.91% of the company’s stock.

DICK’S Sporting Goods Profile

DICK’S Sporting Goods is a leading U.S.-based sporting goods retailer that sells a broad range of sports equipment, apparel, footwear and outdoor gear. The company operates an omnichannel business combining physical stores with digital sales, offering products for team sports, fitness, hunting and fishing, golf, and general active lifestyle categories. In addition to its flagship DICK’S stores, the company operates specialty formats such as Golf Galaxy and branded service offerings including team-sports sales and custom equipment solutions.

The company traces its roots to a single sporting goods outlet founded in 1948 and has since grown into a national retail chain serving customers across the United States.