4,058 Shares in DICK’S Sporting Goods, Inc. $DKS Purchased by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd bought a new position in shares of DICK’S Sporting Goods, Inc. (NYSE:DKS) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 4,058 shares of the sporting goods retailer’s stock, valued at approximately $805,000.

Other hedge funds also recently added to or reduced their stakes in the company. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of DICK’S Sporting Goods during the 4th quarter valued at approximately $30,000. Harbor Investment Advisory LLC acquired a new stake in shares of DICK’S Sporting Goods in the 1st quarter worth approximately $30,000. Laurel Wealth Advisors LLC purchased a new position in DICK’S Sporting Goods in the 4th quarter valued at approximately $34,000. Elyxium Wealth LLC purchased a new position in DICK’S Sporting Goods in the 4th quarter valued at approximately $35,000. Finally, SHP Wealth Management purchased a new position in DICK’S Sporting Goods in the 4th quarter valued at approximately $38,000. 89.83% of the stock is owned by hedge funds and other institutional investors.

DICK’S Sporting Goods Stock Performance

Shares of DKS opened at $218.07 on Monday. DICK’S Sporting Goods, Inc. has a 1 year low of $186.67 and a 1 year high of $244.38. The company’s 50 day simple moving average is $224.25 and its 200 day simple moving average is $212.35. The company has a market capitalization of $19.52 billion, a price-to-earnings ratio of 20.73, a PEG ratio of 1.90 and a beta of 1.19. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.38 and a current ratio of 1.50.

DICK’S Sporting Goods (NYSE:DKS) last released its 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 firm had revenue of $5.16 billion during the quarter, compared to analysts’ expectations of $5.07 billion. DICK’S Sporting Goods had a return on equity of 22.22% and a net margin of 4.71%.The firm’s revenue was up 62.7% on a year-over-year basis. During the same period in the previous year, the firm posted $3.37 earnings per share. DICK’S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. On average, sell-side analysts predict that DICK’S Sporting Goods, Inc. will post 14.24 EPS for the current year.

DICK’S Sporting Goods Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Friday, June 12th were given a $1.25 dividend. The ex-dividend date of this dividend was Friday, June 12th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.3%. DICK’S Sporting Goods’s payout ratio is currently 47.53%.

Insider Activity at DICK’S Sporting Goods

In other news, EVP Julie Lodge-Jarrett sold 4,140 shares of DICK’S Sporting Goods 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 completion of the sale, the executive vice president owned 24,757 shares of the company’s stock, valued at $5,534,674.92. The trade was a 14.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 28.91% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts have commented on DKS shares. Truist Financial boosted their target price on DICK’S Sporting Goods from $252.00 to $270.00 and gave the stock a “buy” rating in a research report on Wednesday, May 27th. Morgan Stanley raised their price target on DICK’S Sporting Goods from $250.00 to $270.00 and gave the company an “overweight” rating in a research report on Thursday, May 28th. Jefferies Financial Group lifted their price target on DICK’S Sporting Goods from $210.00 to $224.00 and gave the stock a “hold” rating in a research note on Wednesday, May 27th. Telsey Advisory Group boosted their price objective on shares of DICK’S Sporting Goods from $240.00 to $255.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 20th. Finally, DA Davidson reiterated a “buy” rating and issued a $260.00 price objective on shares of DICK’S Sporting Goods in a research report on Wednesday, July 1st. One 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. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $254.71.

DICK’S Sporting Goods Company 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.