3,574 DICK’S Sporting Goods, Inc. $DKS Shares Acquired by MGO One Seven LLC

MGO One Seven LLC increased its position in shares of DICK’S Sporting Goods, Inc. (NYSE:DKS) by 261.3% in the 3rd quarter, HoldingsChannel reports. The firm owned 4,942 shares of the sporting goods retailer’s stock after acquiring an additional 3,574 shares during the quarter. MGO One Seven LLC’s holdings in DICK’S Sporting Goods were worth $664,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of DKS. BlackRock Inc. bought a new position in DICK’S Sporting Goods in the 2nd quarter valued at about $1,501,321,000. Bank of America Corp DE bought a new stake in shares of DICK’S Sporting Goods during the 2nd quarter worth approximately $1,024,000,000. Darsana Capital Partners LP lifted its holdings in shares of DICK’S Sporting Goods by 9.1% during the 2nd quarter. Darsana Capital Partners LP now owns 1,500,000 shares of the sporting goods retailer’s stock worth $340,215,000 after acquiring an additional 125,000 shares during the period. Maverick Capital Ltd. boosted its position in shares of DICK’S Sporting Goods by 25.3% during the 1st quarter. Maverick Capital Ltd. now owns 1,044,903 shares of the sporting goods retailer’s stock worth $207,194,000 after acquiring an additional 210,654 shares in the last quarter. Finally, Bank of New York Mellon Corp acquired a new stake in shares of DICK’S Sporting Goods during the 2nd quarter worth approximately $128,943,000. 89.83% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at DICK’S Sporting Goods

In other news, Director Larry Jr. Fitzgerald acquired 1,860 shares of the business’s stock in a transaction that occurred on Wednesday, September 23rd. The shares were bought at an average price of $131.67 per share, with a total value of $244,906.20. Following the acquisition, the director directly owned 15,199 shares in the company, valued at $2,001,252.33. The trade was a 13.94% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director William Colombo acquired 913 shares of DICK’S Sporting Goods stock in a transaction that occurred on Tuesday, September 1st. The shares were purchased at an average price of $133.19 per share, for a total transaction of $121,602.47. Following the transaction, the director directly owned 181,000 shares in the company, valued at $24,107,390. The trade was a 0.51% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have acquired a total of 42,795 shares of company stock worth $5,588,641 over the last 90 days. 28.91% of the stock is currently owned by company insiders.

DICK’S Sporting Goods Price Performance

DKS stock traded down $0.29 during trading on Friday, reaching $140.78. 1,397,869 shares of the company were exchanged, compared to its average volume of 2,335,800. The company has a market capitalization of $12.52 billion, a price-to-earnings ratio of 15.12, a P/E/G ratio of 2.70 and a beta of 1.09. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.49 and a quick ratio of 0.36. The company has a 50-day moving average of $136.36 and a two-hundred day moving average of $190.82. DICK’S Sporting Goods, Inc. has a twelve month low of $120.15 and a twelve month high of $244.38.

DICK’S Sporting Goods (NYSE:DKS) last issued its earnings results on Tuesday, August 25th. The sporting goods retailer reported $3.53 earnings per share for the quarter, missing analysts’ consensus estimates of $3.74 by ($0.21). The company had revenue of $5.59 billion during the quarter, compared to analyst estimates of $5.64 billion. DICK’S Sporting Goods had a net margin of 3.97% and a return on equity of 19.21%. The business’s quarterly revenue was up 53.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $4.38 EPS. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. As a group, equities analysts predict that DICK’S Sporting Goods, Inc. will post 11.68 earnings per share for the current fiscal year.

DICK’S Sporting Goods Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, September 11th were paid a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date was Friday, September 11th. DICK’S Sporting Goods’s dividend payout ratio is presently 53.71%.

Analyst Ratings Changes

A number of brokerages recently issued reports on DKS. Loop Capital reissued a “hold” rating and issued a $140.00 price objective on shares of DICK’S Sporting Goods in a research note on Tuesday, August 25th. Robert W. Baird downgraded DICK’S Sporting Goods from an “outperform” rating to a “neutral” rating and set a $150.00 target price on the stock. in a report on Monday, September 14th. Jefferies Financial Group set a $171.00 target price on DICK’S Sporting Goods in a report on Tuesday, August 25th. Guggenheim reiterated a “neutral” rating on shares of DICK’S Sporting Goods in a research note on Wednesday, September 30th. Finally, BNP Paribas Exane reissued an “underperform” rating on shares of DICK’S Sporting Goods in a report on Tuesday, October 27th. Twelve analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, DICK’S Sporting Goods presently has a consensus rating of “Hold” and a consensus target price of $167.53.

About DICK’S Sporting Goods

DICK’S Sporting Goods, Inc is a U.S.-based omnichannel sporting goods retailer that sells athletic apparel, footwear, sports equipment and accessories. Its merchandise serves a broad range of sports and outdoor activities, including team sports, fitness, golf, running, hunting, fishing and camping.

The company operates through its namesake DICK’S Sporting Goods stores and digital platforms, along with specialty and concept formats such as Golf Galaxy, Public Lands, House of Sport and other retail brands.