Maven Securities LTD bought a new stake in DICK’S Sporting Goods, Inc. (NYSE:DKS – Free Report) during the 4th quarter, HoldingsChannel.com reports. The fund bought 18,000 shares of the sporting goods retailer’s stock, valued at approximately $3,563,000.
Several other hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of DICK’S Sporting Goods by 17.8% in the 3rd quarter. Vanguard Group Inc. now owns 6,719,011 shares of the sporting goods retailer’s stock valued at $1,493,099,000 after acquiring an additional 1,015,599 shares during the period. Wellington Management Group LLP grew its position in DICK’S Sporting Goods by 83.9% during the 3rd quarter. Wellington Management Group LLP now owns 6,606,860 shares of the sporting goods retailer’s stock worth $1,468,176,000 after purchasing an additional 3,013,850 shares during the period. Bank of America Corp DE grew its position in DICK’S Sporting Goods by 588.1% during the 3rd quarter. Bank of America Corp DE now owns 3,545,944 shares of the sporting goods retailer’s stock worth $787,980,000 after purchasing an additional 3,030,642 shares during the period. State Street Corp grew its position in DICK’S Sporting Goods by 17.7% during the 3rd quarter. State Street Corp now owns 2,606,541 shares of the sporting goods retailer’s stock worth $579,226,000 after purchasing an additional 391,694 shares during the period. Finally, Dimensional Fund Advisors LP grew its position in DICK’S Sporting Goods by 58.2% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,423,102 shares of the sporting goods retailer’s stock worth $316,224,000 after purchasing an additional 523,809 shares during the period. 89.83% of the stock is owned by institutional investors and hedge funds.
DICK’S Sporting Goods Price Performance
NYSE:DKS opened at $220.73 on Monday. DICK’S Sporting Goods, Inc. has a 52 week low of $170.73 and a 52 week high of $237.75. The company has a quick ratio of 0.38, a current ratio of 1.50 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $19.76 billion, a PE ratio of 20.98, a price-to-earnings-growth ratio of 1.93 and a beta of 1.20. The stock’s 50-day moving average price is $218.79 and its 200-day moving average price is $210.19.
DICK’S Sporting Goods Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Friday, June 12th will be given a dividend of $1.25 per share. The ex-dividend date is Friday, June 12th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.3%. DICK’S Sporting Goods’s dividend payout ratio (DPR) is 47.53%.
Insider Transactions at DICK’S Sporting Goods
In other news, EVP Julie Lodge-Jarrett sold 4,140 shares of the firm’s stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $223.56, for a total transaction of $925,538.40. Following the sale, the executive vice president directly owned 24,757 shares in the company, valued at $5,534,674.92. This trade represents a 14.33% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman Edward W. Stack sold 210,478 shares of the firm’s stock in a transaction dated Tuesday, March 31st. The shares were sold at an average price of $197.69, for a total value of $41,609,395.82. Following the sale, the chairman owned 6,549,026 shares in the company, valued at $1,294,676,949.94. This trade represents a 3.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 28.91% of the stock is owned by company insiders.
Analyst Upgrades and Downgrades
Several equities research analysts have weighed in on the company. Weiss Ratings downgraded DICK’S Sporting Goods from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, June 5th. BTIG Research reaffirmed a “buy” rating and set a $300.00 price target on shares of DICK’S Sporting Goods in a research report on Thursday, May 28th. Wells Fargo & Company reaffirmed a “positive” rating on shares of DICK’S Sporting Goods in a research report on Thursday, May 28th. Robert W. Baird set a $264.00 price target on DICK’S Sporting Goods in a research report on Thursday, May 28th. Finally, Morgan Stanley increased their price target 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 research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $253.89.
View Our Latest Stock Report on DKS
Key DICK’S Sporting Goods News
Here are the key news stories impacting DICK’S Sporting Goods this week:
- Positive Sentiment: Zacks Research raised its Q4 2028 EPS estimate to $5.00 from $4.45, and also increased FY2028 and FY2029 earnings forecasts, signaling stronger expected profit growth ahead. DICK’S Sporting Goods stock page
- Positive Sentiment: New coverage highlights that DICK’S Sporting’s Q1 comparable sales rose 6%, driven by higher ticket sizes and customer traffic, which supports the case that it is gaining market share. Zacks article: DICK’S Sporting’s Q1 Comps Rise 6%
- Neutral Sentiment: Analysts also nudged several other quarterly estimates higher or lower, but the changes were relatively small overall and mostly reflect fine-tuning rather than a major shift in the outlook. DICK’S Sporting Goods stock page
- Negative Sentiment: Some near-term estimate cuts, including Q2 2027, Q3 2027, and FY2027, suggest analysts still see pockets of moderation in earnings momentum despite the longer-term optimism. DICK’S Sporting Goods stock page
DICK’S Sporting Goods Company 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.
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