Rockefeller Capital Management L.P. Has $2.41 Million Stake in DICK’S Sporting Goods, Inc. $DKS

Rockefeller Capital Management L.P. reduced its position in DICK’S Sporting Goods, Inc. (NYSE:DKS) by 69.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,182 shares of the sporting goods retailer’s stock after selling 28,125 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in DICK’S Sporting Goods were worth $2,412,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Rubicon Advisors GP bought a new stake in DICK’S Sporting Goods in the 4th quarter valued at $396,000. Corient Private Wealth LLC lifted its holdings in shares of DICK’S Sporting Goods by 5.9% during the 4th quarter. Corient Private Wealth LLC now owns 7,135 shares of the sporting goods retailer’s stock worth $1,413,000 after acquiring an additional 400 shares during the period. Hsbc Holdings PLC boosted its position in shares of DICK’S Sporting Goods by 9.3% during the 4th quarter. Hsbc Holdings PLC now owns 42,240 shares of the sporting goods retailer’s stock valued at $8,373,000 after acquiring an additional 3,589 shares in the last quarter. SHP Wealth Management acquired a new stake in shares of DICK’S Sporting Goods during the 4th quarter valued at about $38,000. Finally, Caitong International Asset Management Co. Ltd bought a new stake in DICK’S Sporting Goods in the fourth quarter valued at about $185,000. Institutional investors and hedge funds own 89.83% of the company’s stock.

Analyst Upgrades and Downgrades

DKS has been the subject of several recent research reports. Wells Fargo & Company reissued a “positive” rating on shares of DICK’S Sporting Goods in a research report on Thursday, May 28th. Weiss Ratings downgraded DICK’S Sporting Goods from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, June 5th. JPMorgan Chase & Co. upgraded DICK’S Sporting Goods from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $240.00 to $270.00 in a research note on Thursday, May 28th. BTIG Research reissued a “buy” rating and issued a $300.00 target price 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 assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $254.71.

Insider Activity at DICK’S Sporting Goods

In other news, EVP Julie Lodge-Jarrett sold 4,140 shares of the business’s 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 $5,534,674.92. The trade was a 14.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 28.91% of the company’s stock.

DICK’S Sporting Goods Trading Down 3.1%

Shares of NYSE DKS opened at $231.72 on Tuesday. DICK’S Sporting Goods, Inc. has a 1-year low of $186.67 and a 1-year high of $244.38. The company has a market cap of $20.74 billion, a PE ratio of 22.03, a P/E/G ratio of 2.09 and a beta of 1.20. The company has a current ratio of 1.50, a quick ratio of 0.38 and a debt-to-equity ratio of 0.34. The company has a 50-day moving average of $224.38 and a two-hundred day moving average of $211.51.

DICK’S Sporting Goods (NYSE:DKS) last released its quarterly earnings results on Wednesday, May 27th. The sporting goods retailer reported $2.90 EPS for the quarter, missing the consensus estimate of $2.91 by ($0.01). The company had revenue of $5.16 billion for the quarter, compared to the consensus estimate of $5.07 billion. DICK’S Sporting Goods had a net margin of 4.71% and a return on equity of 22.22%. DICK’S Sporting Goods’s revenue for the quarter was up 62.7% compared to the same quarter last year. During the same period last year, the company earned $3.37 earnings per share. DICK’S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. As a group, equities analysts expect 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 company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Friday, June 12th were given a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date was Friday, June 12th. DICK’S Sporting Goods’s dividend payout ratio (DPR) is presently 47.53%.

About DICK’S Sporting Goods

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.