DICK’S Sporting Goods, Inc. $DKS is Senvest Management LLC’s 10th Largest Position

Senvest Management LLC lifted its stake in DICK’S Sporting Goods, Inc. (NYSE:DKS) by 49.9% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 423,451 shares of the sporting goods retailer’s stock after purchasing an additional 141,036 shares during the quarter. DICK’S Sporting Goods comprises approximately 2.8% of Senvest Management LLC’s holdings, making the stock its 10th largest position. Senvest Management LLC’s holdings in DICK’S Sporting Goods were worth $83,966,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Brown Advisory Inc. increased its position in DICK’S Sporting Goods by 9.6% during the 2nd quarter. Brown Advisory Inc. now owns 1,143 shares of the sporting goods retailer’s stock valued at $226,000 after buying an additional 100 shares in the last quarter. Cerity Partners LLC raised its stake in DICK’S Sporting Goods by 54.1% during the second quarter. Cerity Partners LLC now owns 1,600 shares of the sporting goods retailer’s stock valued at $316,000 after buying an additional 562 shares during the last quarter. Bank of Nova Scotia bought a new stake in DICK’S Sporting Goods in the second quarter worth $417,000. Daiwa Securities Group Inc. boosted its holdings in DICK’S Sporting Goods by 9.8% in the second quarter. Daiwa Securities Group Inc. now owns 5,974 shares of the sporting goods retailer’s stock worth $1,182,000 after acquiring an additional 531 shares in the last quarter. Finally, NewEdge Advisors LLC grew its stake in shares of DICK’S Sporting Goods by 4.4% in the second quarter. NewEdge Advisors LLC now owns 2,951 shares of the sporting goods retailer’s stock worth $584,000 after acquiring an additional 124 shares during the last quarter. Hedge funds and other institutional investors own 89.83% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. DA Davidson reaffirmed a “buy” rating and issued a $260.00 price target on shares of DICK’S Sporting Goods in a research report on Wednesday, July 1st. Jefferies Financial Group increased their price objective on shares of DICK’S Sporting Goods from $210.00 to $224.00 and gave the company a “hold” rating in a research report on Wednesday, May 27th. Robert W. Baird set a $264.00 price objective on shares of DICK’S Sporting Goods in a research note on Thursday, May 28th. BTIG Research reaffirmed 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, Truist Financial upped 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 note on Wednesday, May 27th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $254.71.

DICK’S Sporting Goods Stock Up 0.8%

DICK’S Sporting Goods stock opened at $205.93 on Friday. DICK’S Sporting Goods, Inc. has a 12 month low of $186.67 and a 12 month high of $244.38. The stock has a fifty day simple moving average of $222.34 and a two-hundred day simple moving average of $212.82. 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 firm has a market cap of $18.43 billion, a price-to-earnings ratio of 19.58, a PEG ratio of 1.78 and a beta of 1.19.

DICK’S Sporting Goods (NYSE:DKS) last announced its quarterly earnings results on Wednesday, May 27th. The sporting goods retailer reported $2.90 earnings per share (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 business had revenue of $5.16 billion for the quarter, compared to the consensus estimate of $5.07 billion. During the same period in the previous year, the company earned $3.37 earnings per share. The company’s revenue for the quarter was up 62.7% compared to the same quarter last year. DICK’S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. Equities analysts predict that DICK’S Sporting Goods, Inc. will post 14.24 EPS for the current fiscal year.

DICK’S Sporting Goods Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Friday, June 12th were paid a dividend of $1.25 per share. The ex-dividend date was Friday, June 12th. This represents a $5.00 annualized dividend and a yield of 2.4%. DICK’S Sporting Goods’s dividend payout ratio is currently 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.