Pensionfund Sabic Buys Shares of 5,500 DICK’S Sporting Goods, Inc. $DKS

Pensionfund Sabic bought a new position in DICK’S Sporting Goods, Inc. (NYSE:DKS) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 5,500 shares of the sporting goods retailer’s stock, valued at approximately $1,089,000.

Other large investors have also made changes to their positions in the company. Guggenheim Capital LLC increased its position in shares of DICK’S Sporting Goods by 0.4% during the 2nd quarter. Guggenheim Capital LLC now owns 11,829 shares of the sporting goods retailer’s stock valued at $2,340,000 after purchasing an additional 46 shares during the last quarter. Clearstead Advisors LLC grew its position in DICK’S Sporting Goods by 46.9% during the third 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. Lido Advisors LLC grew its position in DICK’S Sporting Goods by 3.9% during the third quarter. Lido Advisors LLC now owns 1,358 shares of the sporting goods retailer’s stock valued at $302,000 after buying an additional 51 shares during the period. EverSource Wealth Advisors LLC increased its holdings in DICK’S Sporting Goods by 36.4% during the third quarter. EverSource Wealth Advisors LLC now owns 236 shares of the sporting goods retailer’s stock valued at $52,000 after buying an additional 63 shares during the last quarter. Finally, OneDigital Investment Advisors LLC increased its holdings in DICK’S Sporting Goods by 5.5% during the third quarter. OneDigital Investment Advisors LLC now owns 1,263 shares of the sporting goods retailer’s stock valued at $281,000 after buying an additional 66 shares during the last quarter. 89.83% of the stock is currently owned by institutional investors.

DICK’S Sporting Goods Price Performance

Shares of NYSE:DKS opened at $193.92 on Thursday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.53 and a quick ratio of 0.47. DICK’S Sporting Goods, Inc. has a 1-year low of $166.37 and a 1-year high of $237.31. The company has a market capitalization of $17.45 billion, a P/E ratio of 18.97, a P/E/G ratio of 2.76 and a beta of 1.23. The firm’s 50 day simple moving average is $202.45 and its two-hundred day simple moving average is $212.74.

DICK’S Sporting Goods (NYSE:DKS) last announced its quarterly earnings data on Thursday, March 12th. The sporting goods retailer reported $3.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.43 by $0.02. The firm had revenue of $6.23 billion during the quarter, compared to analysts’ expectations of $6.06 billion. DICK’S Sporting Goods had a net margin of 4.93% and a return on equity of 27.12%. The company’s revenue for the quarter was up 59.9% compared to the same quarter last year. During the same period in the prior year, the company posted $3.62 earnings per share. DICK’S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. Research analysts expect that DICK’S Sporting Goods, Inc. will post 13.89 EPS for the current fiscal year.

DICK’S Sporting Goods Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 10th. Investors of record on Friday, March 27th will be issued a $1.25 dividend. The ex-dividend date of this dividend is Friday, March 27th. This represents a $5.00 annualized dividend and a yield of 2.6%. This is an increase from DICK’S Sporting Goods’s previous quarterly dividend of $1.21. DICK’S Sporting Goods’s payout ratio is currently 48.92%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Wall Street Zen upgraded shares of DICK’S Sporting Goods from a “sell” rating to a “hold” rating in a research note on Sunday, January 25th. Weiss Ratings restated a “hold (c+)” rating on shares of DICK’S Sporting Goods in a research note on Monday, December 29th. Wells Fargo & Company decreased their target price on DICK’S Sporting Goods from $225.00 to $200.00 and set an “equal weight” rating on the stock in a report on Friday, March 13th. Telsey Advisory Group reiterated an “outperform” rating and set a $245.00 target price on shares of DICK’S Sporting Goods in a research report on Monday, March 9th. Finally, UBS Group reissued a “buy” rating on shares of DICK’S Sporting Goods in a report on Tuesday, March 3rd. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, DICK’S Sporting Goods has an average rating of “Moderate Buy” and a consensus target price of $236.21.

DICK’S Sporting Goods 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.