Copeland Capital Management LLC Has $25.97 Million Stake in DICK’S Sporting Goods, Inc. $DKS

Copeland Capital Management LLC trimmed its position in shares of DICK’S Sporting Goods, Inc. (NYSE:DKS) by 2.6% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 130,979 shares of the sporting goods retailer’s stock after selling 3,562 shares during the period. Copeland Capital Management LLC’s holdings in DICK’S Sporting Goods were worth $25,972,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in DKS. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of DICK’S Sporting Goods in the fourth quarter valued at $30,000. Harbor Investment Advisory LLC purchased a new position in shares of DICK’S Sporting Goods during the first quarter valued at $30,000. Laurel Wealth Advisors LLC acquired a new position in DICK’S Sporting Goods during the fourth quarter valued at $34,000. Elyxium Wealth LLC acquired a new position in DICK’S Sporting Goods during the fourth quarter valued at $35,000. Finally, SHP Wealth Management acquired a new position in DICK’S Sporting Goods during the fourth quarter valued at $38,000. 89.83% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on DKS shares. DA Davidson restated a “buy” rating and set a $260.00 price objective on shares of DICK’S Sporting Goods in a research report on Wednesday, July 1st. Morgan Stanley upped their target price on DICK’S Sporting Goods from $250.00 to $270.00 and gave the company an “overweight” rating in a report on Thursday, May 28th. Weiss Ratings lowered shares of DICK’S Sporting Goods from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, June 5th. Telsey Advisory Group raised their price target 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. Finally, Truist Financial boosted their price objective on shares of DICK’S Sporting Goods from $252.00 to $270.00 and gave the company a “buy” rating in a research report on Wednesday, May 27th. One research 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 MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $254.71.

DICK’S Sporting Goods Stock Up 0.3%

DKS opened at $217.47 on Friday. DICK’S Sporting Goods, Inc. has a fifty-two week low of $186.67 and a fifty-two week high of $244.38. The business has a 50-day moving average of $223.34 and a 200-day moving average of $212.51. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.50 and a quick ratio of 0.38. The company has a market capitalization of $19.46 billion, a PE ratio of 20.67, a price-to-earnings-growth ratio of 1.89 and a beta of 1.19.

DICK’S Sporting Goods (NYSE:DKS) last announced its quarterly earnings results on Wednesday, May 27th. The sporting goods retailer reported $2.90 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 net margin of 4.71% and a return on equity of 22.22%. The company’s quarterly revenue was up 62.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $3.37 EPS. DICK’S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. Equities research analysts forecast that DICK’S Sporting Goods, Inc. will post 14.24 EPS for the current fiscal year.

DICK’S Sporting Goods Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Friday, June 12th were paid 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 payout ratio is 47.53%.

About DICK’S Sporting Goods

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.