SCS Capital Management LLC Grows Stock Holdings in DICK’S Sporting Goods, Inc. $DKS

SCS Capital Management LLC raised its stake in DICK’S Sporting Goods, Inc. (NYSE:DKSFree Report) by 10.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 71,121 shares of the sporting goods retailer’s stock after buying an additional 6,837 shares during the period. SCS Capital Management LLC’s holdings in DICK’S Sporting Goods were worth $14,080,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently added to or reduced their stakes in the company. Clearstead Advisors LLC boosted its position 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 valued at $32,000 after buying an additional 46 shares during the period. Westside Investment Management Inc. boosted its position 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 valued at $35,000 after buying an additional 76 shares during the period. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in DICK’S Sporting Goods in the 4th quarter valued at about $30,000. Laurel Wealth Advisors LLC bought a new stake in shares of DICK’S Sporting Goods in the 4th quarter valued at about $34,000. Finally, Elyxium Wealth LLC bought a new stake in shares of DICK’S Sporting Goods in the 4th quarter valued at about $35,000. 89.83% of the stock is owned by hedge funds and other institutional investors.

DICK’S Sporting Goods Trading Up 0.0%

NYSE:DKS opened at $227.66 on Monday. DICK’S Sporting Goods, Inc. has a 52 week low of $170.73 and a 52 week high of $237.75. The firm has a 50 day moving average of $213.66 and a 200 day moving average of $209.77. The company has a quick ratio of 0.38, a current ratio of 1.50 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $20.27 billion, a price-to-earnings ratio of 21.64, a PEG ratio of 1.98 and a beta of 1.20.

DICK’S Sporting Goods (NYSE:DKSGet Free Report) last posted its earnings results on Wednesday, May 27th. The sporting goods retailer reported $2.90 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 23.41%. The firm had revenue of $5.16 billion for the quarter, compared to analysts’ expectations of $5.07 billion. During the same period in the previous year, the company earned $3.37 EPS. The company’s revenue was up 62.7% on a year-over-year basis. DICK’S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. As a group, sell-side analysts anticipate that DICK’S Sporting Goods, Inc. will post 14.24 earnings per share for the current fiscal year.

DICK’S Sporting Goods Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Friday, June 12th will be given a dividend of $1.25 per share. The ex-dividend date of this dividend is Friday, June 12th. This represents a $5.00 dividend on an annualized basis and a yield of 2.2%. DICK’S Sporting Goods’s dividend payout ratio is presently 47.53%.

Insider Buying and Selling

In related news, Chairman Edward W. Stack sold 210,478 shares of the stock in a transaction that occurred on Tuesday, March 31st. The shares were sold at an average price of $197.69, for a total transaction of $41,609,395.82. Following the completion of the sale, the chairman owned 6,549,026 shares of the company’s stock, valued at $1,294,676,949.94. This represents a 3.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, 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 transaction, the executive vice president owned 24,757 shares in the company, valued at $5,534,674.92. The trade was a 14.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 28.91% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on DKS. Robert W. Baird set a $264.00 price target on shares of DICK’S Sporting Goods in a report on Thursday. Wells Fargo & Company restated a “positive” rating on shares of DICK’S Sporting Goods in a report on Thursday. Morgan Stanley boosted their price target on shares of DICK’S Sporting Goods from $250.00 to $270.00 and gave the company an “overweight” rating in a report on Thursday. DA Davidson restated a “buy” rating and issued a $260.00 price target on shares of DICK’S Sporting Goods in a report on Thursday. Finally, UBS Group restated a “buy” rating on shares of DICK’S Sporting Goods in a report on Tuesday, March 3rd. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, DICK’S Sporting Goods currently has a consensus rating of “Moderate Buy” and an average price target of $253.89.

View Our Latest Research Report on DICK’S Sporting Goods

More DICK’S Sporting Goods News

Here are the key news stories impacting DICK’S Sporting Goods this week:

  • Positive Sentiment: JPMorgan upgraded DICK’S Sporting Goods to overweight and raised its price target to $270, citing confidence in the company’s strategy and growth outlook. Tickerreport.com
  • Positive Sentiment: BTIG reiterated a buy rating and set a $300 price target, signaling continued optimism about DKS’s growth, cash flow and capital return potential. Benzinga
  • Positive Sentiment: DA Davidson also reaffirmed a buy rating with a $260 target, adding to the bullish analyst sentiment around the stock. Benzinga
  • Positive Sentiment: Company updates pointed to strong comparable sales growth, with core sales up 6% and Foot Locker’s Fast Break remodels reportedly delivering double-digit comps. Zacks
  • Positive Sentiment: DICK’S reported its first positive sales at Foot Locker in nearly three years, suggesting the turnaround effort is beginning to work. Yahoo Finance
  • Neutral Sentiment: The company announced a quarterly dividend of $1.25 per share, reinforcing shareholder returns but likely not the main driver of the stock move. Benzinga
  • Negative Sentiment: Management trimmed its profit outlook, indicating margin pressure tied to the Foot Locker overhaul and integration costs. MSN
  • Negative Sentiment: One note highlighted that the stock can still face near-term risk because the Foot Locker strategy may pressure margins before benefits fully show up. Yahoo Finance

About DICK’S Sporting Goods

(Free Report)

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.

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Institutional Ownership by Quarter for DICK'S Sporting Goods (NYSE:DKS)

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