10,000 DICK’S Sporting Goods, Inc. $DKS Shares Acquired by MFF Capital Investments Ltd

MFF Capital Investments Ltd boosted its holdings in DICK’S Sporting Goods, Inc. (NYSE:DKS) by 12.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 91,581 shares of the sporting goods retailer’s stock after purchasing an additional 10,000 shares during the quarter. DICK’S Sporting Goods makes up 0.8% of MFF Capital Investments Ltd’s portfolio, making the stock its 16th biggest holding. MFF Capital Investments Ltd owned approximately 0.10% of DICK’S Sporting Goods worth $12,298,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in DKS. BlackRock Inc. acquired a new stake in DICK’S Sporting Goods in the 2nd quarter worth about $1,501,321,000. Bank of America Corp DE purchased a new stake in DICK’S Sporting Goods in the 2nd quarter valued at about $1,024,000,000. Bank of New York Mellon Corp acquired a new position in shares of DICK’S Sporting Goods during the 2nd quarter valued at about $128,943,000. Atreides Management LP acquired a new position in shares of DICK’S Sporting Goods during the 2nd quarter valued at about $85,081,000. Finally, Maverick Capital Ltd. increased its stake in shares of DICK’S Sporting Goods by 25.3% during the 1st quarter. Maverick Capital Ltd. now owns 1,044,903 shares of the sporting goods retailer’s stock valued at $207,194,000 after acquiring an additional 210,654 shares during the last quarter. 89.83% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at DICK’S Sporting Goods

In related news, EVP Navdeep Gupta purchased 7,707 shares of the stock in a transaction that occurred on Tuesday, September 22nd. The stock was purchased at an average cost of $129.75 per share, for a total transaction of $999,983.25. Following the acquisition, the executive vice president owned 86,580 shares in the company, valued at approximately $11,233,755. This trade represents a 9.77% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Robert W. Eddy purchased 4,000 shares of the stock in a transaction that occurred on Wednesday, August 26th. The stock was bought at an average price of $128.69 per share, with a total value of $514,760.00. Following the completion of the acquisition, the director owned 10,886 shares in the company, valued at $1,400,919.34. This represents a 58.09% increase in their position. The SEC filing for this purchase provides additional information. In the last three months, insiders have acquired 42,795 shares of company stock worth $5,588,641. Corporate insiders own 28.91% of the company’s stock.

DICK’S Sporting Goods Stock Up 1.5%

Shares of NYSE:DKS opened at $149.84 on Wednesday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.36 and a current ratio of 1.49. DICK’S Sporting Goods, Inc. has a 1 year low of $120.15 and a 1 year high of $244.38. The stock has a market capitalization of $13.33 billion, a P/E ratio of 16.09, a PEG ratio of 2.80 and a beta of 1.09. The stock has a 50-day simple moving average of $136.92 and a 200-day simple moving average of $190.20.

DICK’S Sporting Goods (NYSE:DKS) last posted its quarterly earnings results on Tuesday, August 25th. The sporting goods retailer reported $3.53 EPS for the quarter, missing the consensus estimate of $3.74 by ($0.21). The business had revenue of $5.59 billion during the quarter, compared to analysts’ expectations of $5.64 billion. DICK’S Sporting Goods had a net margin of 3.97% and a return on equity of 19.21%. The company’s quarterly revenue was up 53.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $4.38 EPS. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. Equities analysts forecast that DICK’S Sporting Goods, Inc. will post 11.68 earnings per share for the current year.

DICK’S Sporting Goods Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, September 11th were paid a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend was Friday, September 11th. DICK’S Sporting Goods’s dividend payout ratio (DPR) is currently 53.71%.

Wall Street Analyst Weigh In

DKS has been the subject of a number of recent analyst reports. BNP Paribas Exane restated an “underperform” rating on shares of DICK’S Sporting Goods in a report on Tuesday, October 27th. KGI Securities lowered shares of DICK’S Sporting Goods from an “outperform” rating to a “neutral” rating and set a $135.10 price target for the company. in a research report on Wednesday, August 26th. The Goldman Sachs Group cut their price target on shares of DICK’S Sporting Goods from $271.00 to $170.00 and set a “buy” rating on the stock in a research note on Wednesday, August 26th. BMO Capital Markets reiterated an “underperform” rating on shares of DICK’S Sporting Goods in a report on Monday, October 26th. Finally, Jefferies Financial Group set a $171.00 price objective on shares of DICK’S Sporting Goods in a research note on Tuesday, August 25th. Twelve investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $166.55.

DICK’S Sporting Goods Company Profile

DICK’S Sporting Goods, Inc. is a U.S. sporting goods retailer that sells equipment, apparel, footwear and accessories for a range of sports and outdoor activities. Customers can shop through its stores and e-commerce platforms, and the company also offers services such as golf club fitting and equipment repair at select locations. The company operates under several retail banners, including DICK’S Sporting Goods, Golf Galaxy, Public Lands and Going Going Gone!, as well as experiential DICK’S House of Sport locations.