5,780 Shares in DICK’S Sporting Goods, Inc. $DKS Acquired by Nicholas Wealth LLC.

Nicholas Wealth LLC. acquired a new position in DICK’S Sporting Goods, Inc. (NYSE:DKS) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 5,780 shares of the sporting goods retailer’s stock, valued at approximately $1,144,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in DICK’S Sporting Goods in the fourth quarter worth approximately $30,000. Clearstead Advisors LLC lifted its position in DICK’S Sporting Goods by 46.9% in the third quarter. Clearstead Advisors LLC now owns 144 shares of the sporting goods retailer’s stock worth $32,000 after purchasing an additional 46 shares during the period. Laurel Wealth Advisors LLC acquired a new stake in DICK’S Sporting Goods in the fourth quarter worth approximately $34,000. Elyxium Wealth LLC acquired a new stake in DICK’S Sporting Goods in the fourth quarter worth approximately $35,000. Finally, Newbridge Financial Services Group Inc. acquired a new stake in DICK’S Sporting Goods in the fourth quarter worth approximately $40,000. 89.83% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. JPMorgan Chase & Co. upgraded DICK’S Sporting Goods from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $240.00 to $270.00 in a research report on Thursday, May 28th. DA Davidson restated a “buy” rating and issued a $260.00 target price on shares of DICK’S Sporting Goods in a research report on Thursday, May 28th. Morgan Stanley upped 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. Barclays upped their target price on DICK’S Sporting Goods from $264.00 to $280.00 and gave the stock an “overweight” rating in a research report on Thursday, May 28th. Finally, Truist Financial upped their target price on DICK’S Sporting Goods from $252.00 to $270.00 and gave the stock a “buy” rating in a research report on Wednesday, May 27th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $253.89.

Insiders Place Their Bets

In other news, EVP Julie Lodge-Jarrett sold 4,140 shares of the 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 sale, the executive vice president owned 24,757 shares in the company, valued at approximately $5,534,674.92. This represents a 14.33% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman Edward W. Stack sold 210,478 shares of the stock in a transaction on 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 of the company’s stock, valued at $1,294,676,949.94. This trade represents a 3.11% decrease in their position. The disclosure for this sale is available in the SEC filing. 28.91% of the stock is currently owned by corporate insiders.

DICK’S Sporting Goods Price Performance

Shares of NYSE:DKS opened at $225.44 on Wednesday. DICK’S Sporting Goods, Inc. has a one year low of $170.73 and a one year high of $237.75. The stock has a fifty day moving average of $220.03 and a 200-day moving average of $210.41. The company has a market capitalization of $20.18 billion, a PE ratio of 21.43, a price-to-earnings-growth ratio of 1.92 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 announced its quarterly earnings data on Wednesday, May 27th. The sporting goods retailer reported $2.90 EPS for the quarter, missing analysts’ consensus estimates 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 analyst estimates of $5.07 billion. During the same quarter last year, the company posted $3.37 EPS. DICK’S Sporting Goods’s revenue 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. As a group, equities analysts anticipate that DICK’S Sporting Goods, Inc. will post 14.23 EPS for the current fiscal year.

DICK’S Sporting Goods Dividend Announcement

The business also recently disclosed 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. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Friday, June 12th. DICK’S Sporting Goods’s dividend payout ratio is 47.53%.

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.