3,891 Shares in DICK’S Sporting Goods, Inc. $DKS Acquired by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA bought a new position in shares of DICK’S Sporting Goods, Inc. (NYSE:DKS) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,891 shares of the sporting goods retailer’s stock, valued at approximately $737,000.

Several other hedge funds have also recently added to or reduced their stakes in DKS. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of DICK’S Sporting Goods during the 4th quarter valued at $30,000. Clearstead Advisors LLC grew its holdings in shares of DICK’S Sporting Goods by 46.9% in the 3rd quarter. Clearstead Advisors LLC now owns 144 shares of the sporting goods retailer’s stock worth $32,000 after acquiring an additional 46 shares during the last quarter. Laurel Wealth Advisors LLC acquired a new position in shares of DICK’S Sporting Goods in the 4th quarter worth $34,000. Elyxium Wealth LLC acquired a new stake in shares of DICK’S Sporting Goods during the fourth quarter worth $35,000. Finally, SHP Wealth Management acquired a new stake in shares of DICK’S Sporting Goods during the fourth quarter worth $38,000. Institutional investors and hedge funds own 89.83% of the company’s stock.

DICK’S Sporting Goods Trading Up 0.3%

Shares of NYSE DKS opened at $239.78 on Monday. The business has a 50 day simple moving average of $224.11 and a 200 day simple moving average of $211.41. DICK’S Sporting Goods, Inc. has a 52 week low of $186.67 and a 52 week high of $244.38. The stock has a market cap of $21.46 billion, a price-to-earnings ratio of 22.79, a PEG ratio of 2.09 and a beta of 1.20. 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 data 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). The business had revenue of $5.16 billion during the quarter, compared to analyst estimates of $5.07 billion. DICK’S Sporting Goods had a net margin of 4.71% and a return on equity of 22.22%. The firm’s revenue for the quarter was up 62.7% on a year-over-year basis. 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. On average, research analysts predict that DICK’S Sporting Goods, Inc. will post 14.23 earnings per share for the current fiscal year.

DICK’S Sporting Goods Dividend Announcement

The business 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. This represents a $5.00 annualized dividend and a yield of 2.1%. The ex-dividend date was Friday, June 12th. DICK’S Sporting Goods’s dividend payout ratio (DPR) is 47.53%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on DKS. Telsey Advisory Group lifted their price target on DICK’S Sporting Goods from $240.00 to $255.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 20th. Morgan Stanley raised their target price on shares of DICK’S Sporting Goods from $250.00 to $270.00 and gave the stock an “overweight” rating in a report on Thursday, May 28th. Truist Financial lifted their target price on shares of 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. DA Davidson restated a “buy” rating and set a $260.00 price target on shares of DICK’S Sporting Goods in a report on Thursday, May 28th. Finally, UBS Group restated a “buy” rating on shares of DICK’S Sporting Goods in a research report on Tuesday, March 3rd. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $254.71.

Insiders Place Their Bets

In other DICK’S Sporting Goods news, EVP Julie Lodge-Jarrett sold 4,140 shares of DICK’S Sporting Goods stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $223.56, for a total value of $925,538.40. Following the transaction, the executive vice president directly owned 24,757 shares of the company’s stock, valued at $5,534,674.92. The trade was a 14.33% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Chairman Edward W. Stack sold 210,478 shares of the business’s stock in a transaction on Tuesday, March 31st. The stock was sold at an average price of $197.69, for a total transaction of $41,609,395.82. Following the transaction, the chairman directly owned 6,549,026 shares in the company, 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. Company insiders own 28.91% of the company’s stock.

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.