Mitsubishi UFJ Asset Management Co. Ltd. Invests $15.99 Million in DICK’S Sporting Goods, Inc. $DKS

Posted by Stanley Muller on Aug 21st, 2026

Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in DICK’S Sporting Goods, Inc. (NYSE:DKS – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 70,482 shares of the sporting goods retailer’s stock, valued at approximately $15,986,000. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.08% of DICK’S Sporting Goods at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in DKS. Persistent Asset Partners Ltd acquired a new position in DICK’S Sporting Goods during the second quarter worth about $100,000. HBK Sorce Advisory LLC acquired a new stake in shares of DICK’S Sporting Goods during the 2nd quarter valued at approximately $319,000. Global Retirement Partners LLC acquired a new stake in shares of DICK’S Sporting Goods during the 2nd quarter valued at approximately $607,000. SCS Capital Management LLC purchased a new stake in shares of DICK’S Sporting Goods during the 2nd quarter worth approximately $14,078,000. Finally, Bank of New York Mellon Corp purchased a new stake in shares of DICK’S Sporting Goods during the 2nd quarter worth approximately $128,943,000. Institutional investors and hedge funds own 89.83% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on DKS shares. Weiss Ratings cut DICK’S Sporting Goods from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, June 5th. Jefferies Financial Group boosted their price objective on shares of DICK’S Sporting Goods from $210.00 to $224.00 and gave the stock a “hold” rating in a research report on Wednesday, May 27th. JPMorgan Chase & Co. upgraded shares of DICK’S Sporting Goods from a “neutral” rating to an “overweight” rating and raised their target price for the company from $240.00 to $270.00 in a report on Thursday, May 28th. Morgan Stanley lifted their target price on shares of DICK’S Sporting Goods from $250.00 to $270.00 and gave the stock an “overweight” rating in a research report on Thursday, May 28th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of DICK’S Sporting Goods in a report on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $258.44.

Read Our Latest Research Report on DICK’S Sporting Goods

DICK’S Sporting Goods Trading Down 5.9%

DICK’S Sporting Goods stock opened at $180.03 on Friday. The stock has a 50-day moving average price of $214.68 and a 200 day moving average price of $211.55. DICK’S Sporting Goods, Inc. has a 52 week low of $176.07 and a 52 week high of $244.38. The stock has a market cap of $16.11 billion, a PE ratio of 17.11, a P/E/G ratio of 1.67 and a beta of 1.21. The company has a current ratio of 1.50, a quick ratio of 0.38 and a debt-to-equity ratio of 0.34.

DICK’S Sporting Goods (NYSE:DKS – Get Free Report) last issued its quarterly 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). DICK’S Sporting Goods had a return on equity of 22.22% and a net margin of 4.71%.The business had revenue of $5.16 billion for the quarter, compared to analysts’ expectations of $5.07 billion. During the same period in the prior year, the company earned $3.37 EPS. The company’s revenue for the quarter was up 62.7% compared to the same quarter last year. DICK’S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. Equities research analysts predict that DICK’S Sporting Goods, Inc. will post 14.23 earnings per share for the current fiscal year.

DICK’S Sporting Goods Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Friday, June 12th were paid a dividend of $1.25 per share. The ex-dividend date was Friday, June 12th. This represents a $5.00 annualized dividend and a yield of 2.8%. DICK’S Sporting Goods’s payout ratio is presently 47.53%.

DICK’S Sporting Goods Company Profile

(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.