3,891 Shares in DICK’S Sporting Goods, Inc. $DKS Purchased 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 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 3,891 shares of the sporting goods retailer’s stock, valued at approximately $737,000.

Several other institutional investors have also recently added to or reduced their stakes in the company. Wellington Management Group LLP raised its position in DICK’S Sporting Goods by 83.9% in the 3rd quarter. Wellington Management Group LLP now owns 6,606,860 shares of the sporting goods retailer’s stock valued at $1,468,176,000 after purchasing an additional 3,013,850 shares during the last quarter. Bank of America Corp DE boosted its position in shares of DICK’S Sporting Goods by 588.1% in the 3rd quarter. Bank of America Corp DE now owns 3,545,944 shares of the sporting goods retailer’s stock worth $787,980,000 after purchasing an additional 3,030,642 shares during the last quarter. State Street Corp boosted its holdings in DICK’S Sporting Goods by 17.7% during the third quarter. State Street Corp now owns 2,606,541 shares of the sporting goods retailer’s stock worth $579,226,000 after buying an additional 391,694 shares during the last quarter. Viking Global Investors LP bought a new position in DICK’S Sporting Goods during the 4th quarter worth approximately $509,371,000. Finally, Dimensional Fund Advisors LP grew its holdings in shares of DICK’S Sporting Goods by 58.2% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,423,102 shares of the sporting goods retailer’s stock valued at $316,224,000 after buying an additional 523,809 shares during the period. 89.83% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Barclays boosted their price objective on DICK’S Sporting Goods from $264.00 to $280.00 and gave the company an “overweight” rating in a research report on Thursday, May 28th. Truist Financial lifted their target price on DICK’S Sporting Goods from $252.00 to $270.00 and gave the company a “buy” rating in a research report on Wednesday, May 27th. Robert W. Baird set a $264.00 price target on shares of DICK’S Sporting Goods in a research report on Thursday, May 28th. 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. Finally, UBS Group restated a “buy” rating on shares of DICK’S Sporting Goods in a research note on Tuesday, March 3rd. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $254.71.

DICK’S Sporting Goods Trading Up 0.3%

Shares of NYSE:DKS opened at $239.78 on Monday. The business’s 50 day simple moving average is $224.11 and its 200 day simple moving average is $211.41. 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 debt-to-equity ratio of 0.34, a current ratio of 1.50 and a quick ratio of 0.38. The company has a market capitalization of $21.46 billion, a P/E ratio of 22.79, a P/E/G ratio of 2.09 and a beta of 1.20.

DICK’S Sporting Goods (NYSE:DKS) last released its earnings results on Wednesday, May 27th. The sporting goods retailer reported $2.90 earnings per share for the quarter, missing analysts’ consensus estimates 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%. The business’s revenue was up 62.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.37 earnings per share. DICK’S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. On average, research analysts anticipate that DICK’S Sporting Goods, Inc. will post 14.23 EPS for the current fiscal year.

DICK’S Sporting Goods Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Friday, June 12th were issued a $1.25 dividend. This represents a $5.00 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend was Friday, June 12th. DICK’S Sporting Goods’s dividend payout ratio (DPR) is currently 47.53%.

Insider Activity at DICK’S Sporting Goods

In other news, EVP Julie Lodge-Jarrett sold 4,140 shares of the company’s stock in a transaction that occurred on Friday, April 17th. The shares were 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 of the company’s stock, valued at approximately $5,534,674.92. This represents a 14.33% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Chairman Edward W. Stack sold 210,478 shares of the stock in a transaction that occurred 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 sale, the chairman owned 6,549,026 shares in the company, valued at $1,294,676,949.94. This represents a 3.11% decrease in their position. The disclosure for this sale is available in the SEC filing. 28.91% of the stock is currently owned by insiders.

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.