Vanguard Group Inc. Sells 137,080 Shares of DICK’S Sporting Goods, Inc. $DKS

Vanguard Group Inc. trimmed its holdings in DICK’S Sporting Goods, Inc. (NYSE:DKS) by 2.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,581,931 shares of the sporting goods retailer’s stock after selling 137,080 shares during the quarter. Vanguard Group Inc. owned approximately 0.07% of DICK’S Sporting Goods worth $1,303,025,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Clearstead Advisors LLC boosted its stake in 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 purchasing an additional 46 shares during the period. Root Financial Partners LLC bought a new position in DICK’S Sporting Goods in the 3rd quarter worth approximately $33,000. Westside Investment Management Inc. boosted its stake in DICK’S Sporting Goods by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 152 shares of the sporting goods retailer’s stock worth $35,000 after purchasing an additional 76 shares during the period. Migdal Insurance & Financial Holdings Ltd. bought a new position in DICK’S Sporting Goods in the 4th quarter worth approximately $30,000. Finally, Mather Group LLC. bought a new position in DICK’S Sporting Goods in the 3rd quarter worth approximately $39,000. 89.83% of the stock is currently owned by institutional investors.

DICK’S Sporting Goods Stock Performance

NYSE:DKS opened at $227.01 on Friday. The stock’s fifty day moving average is $205.56 and its 200 day moving average is $210.39. DICK’S Sporting Goods, Inc. has a fifty-two week low of $167.03 and a fifty-two week high of $237.31. The firm has a market capitalization of $20.21 billion, a PE ratio of 22.21, a PEG ratio of 3.12 and a beta of 1.21. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.47 and a current ratio of 1.53.

DICK’S Sporting Goods (NYSE:DKS) last released its quarterly earnings results on Thursday, March 12th. The sporting goods retailer reported $3.45 earnings per share for the quarter, beating the consensus estimate of $3.43 by $0.02. DICK’S Sporting Goods had a return on equity of 27.12% and a net margin of 4.93%.The company had revenue of $6.23 billion for the quarter, compared to analyst estimates of $6.06 billion. During the same quarter in the prior year, the firm posted $3.62 EPS. DICK’S Sporting Goods’s quarterly revenue was up 59.9% compared to the same quarter last year. DICK’S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. On average, sell-side analysts anticipate that DICK’S Sporting Goods, Inc. will post 14.29 earnings per share for the current year.

DICK’S Sporting Goods Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Friday, March 27th were paid a $1.25 dividend. The ex-dividend date was Friday, March 27th. This is a positive change from DICK’S Sporting Goods’s previous quarterly dividend of $1.21. This represents a $5.00 dividend on an annualized basis and a yield of 2.2%. DICK’S Sporting Goods’s payout ratio is 48.92%.

Insiders Place Their Bets

In other DICK’S Sporting Goods 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 value of $925,538.40. Following the sale, the executive vice president owned 24,757 shares in the company, valued at $5,534,674.92. This trade represents a 14.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Chairman Edward W. Stack sold 210,478 shares of the stock in a transaction on Tuesday, March 31st. The stock was sold at an average price of $197.69, for a total value of $41,609,395.82. Following the completion of the sale, the chairman owned 6,549,026 shares in the company, valued at approximately $1,294,676,949.94. The trade was a 3.11% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 32.55% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. DA Davidson set a $260.00 price objective on DICK’S Sporting Goods in a report on Monday, January 12th. Wall Street Zen raised DICK’S Sporting Goods from a “sell” rating to a “hold” rating in a report on Sunday, January 25th. Morgan Stanley decreased their price objective on DICK’S Sporting Goods from $260.00 to $250.00 and set an “overweight” rating on the stock in a report on Friday, March 13th. Jefferies Financial Group reaffirmed a “hold” rating and set a $210.00 price objective on shares of DICK’S Sporting Goods in a report on Thursday, March 12th. Finally, Truist Financial decreased their price objective on DICK’S Sporting Goods from $275.00 to $252.00 and set a “buy” rating on the stock in a report on Thursday, March 12th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $241.89.

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.