Dimensional Fund Advisors LP Decreases Position in DICK’S Sporting Goods, Inc. $DKS

Dimensional Fund Advisors LP lowered its stake in DICK’S Sporting Goods, Inc. (NYSE:DKS) by 1.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 981,860 shares of the sporting goods retailer’s stock after selling 10,994 shares during the period. Dimensional Fund Advisors LP’s holdings in DICK’S Sporting Goods were worth $194,656,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of DKS. Brown Advisory Inc. increased its stake in shares of DICK’S Sporting Goods by 9.6% in the second quarter. Brown Advisory Inc. now owns 1,143 shares of the sporting goods retailer’s stock worth $226,000 after buying an additional 100 shares during the period. Cerity Partners LLC raised its position in DICK’S Sporting Goods by 54.1% during the 2nd quarter. Cerity Partners LLC now owns 1,600 shares of the sporting goods retailer’s stock valued at $316,000 after purchasing an additional 562 shares during the last quarter. Bank of Nova Scotia bought a new stake in shares of DICK’S Sporting Goods in the 2nd quarter worth approximately $417,000. Daiwa Securities Group Inc. raised its holdings in DICK’S Sporting Goods by 9.8% in the 2nd quarter. Daiwa Securities Group Inc. now owns 5,974 shares of the sporting goods retailer’s stock worth $1,182,000 after purchasing an additional 531 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its position in DICK’S Sporting Goods by 4.4% during the 2nd quarter. NewEdge Advisors LLC now owns 2,951 shares of the sporting goods retailer’s stock valued at $584,000 after acquiring an additional 124 shares in the last quarter. Institutional investors own 89.83% of the company’s stock.

DICK’S Sporting Goods Price Performance

Shares of DICK’S Sporting Goods stock opened at $205.93 on Friday. DICK’S Sporting Goods, Inc. has a one year low of $186.67 and a one year high of $244.38. The stock’s fifty day moving average is $222.34 and its 200 day moving average is $212.82. The stock has a market cap of $18.43 billion, a P/E ratio of 19.58, a P/E/G ratio of 1.78 and a beta of 1.19. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.38 and a current ratio of 1.50.

DICK’S Sporting Goods (NYSE:DKS) last released its quarterly 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). DICK’S Sporting Goods had a net margin of 4.71% and a return on equity of 22.22%. The company had revenue of $5.16 billion for the quarter, compared to the consensus estimate of $5.07 billion. During the same period in the prior year, the firm posted $3.37 EPS. The business’s revenue for the quarter was up 62.7% on a year-over-year basis. DICK’S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. Sell-side analysts anticipate that DICK’S Sporting Goods, Inc. will post 14.24 earnings per share for the current year.

DICK’S Sporting Goods Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Friday, June 12th were issued a dividend of $1.25 per share. The ex-dividend date of this dividend was Friday, June 12th. This represents a $5.00 dividend on an annualized basis and a yield of 2.4%. DICK’S Sporting Goods’s dividend payout ratio (DPR) is currently 47.53%.

Wall Street Analyst Weigh In

DKS has been the subject of a number of research analyst reports. Wells Fargo & Company restated a “positive” rating on shares of DICK’S Sporting Goods in a research note on Thursday, May 28th. Jefferies Financial Group lifted their price target on DICK’S Sporting Goods from $210.00 to $224.00 and gave the stock a “hold” rating in a research report on Wednesday, May 27th. BTIG Research reissued a “buy” rating and set a $300.00 price objective on shares of DICK’S Sporting Goods in a research report on Thursday, May 28th. JPMorgan Chase & Co. raised DICK’S Sporting Goods from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $240.00 to $270.00 in a report on Thursday, May 28th. Finally, Morgan Stanley boosted their target price on DICK’S Sporting Goods from $250.00 to $270.00 and gave the stock an “overweight” rating in a research report on Thursday, May 28th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $254.71.

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.