Foster & Motley Inc. Has $4.12 Million Stake in DICK’S Sporting Goods, Inc. $DKS

Foster & Motley Inc. trimmed its stake in DICK’S Sporting Goods, Inc. (NYSE:DKS) by 13.8% in the first quarter, Holdings Channel.com reports. The firm owned 20,774 shares of the sporting goods retailer’s stock after selling 3,315 shares during the quarter. Foster & Motley Inc.’s holdings in DICK’S Sporting Goods were worth $4,119,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Clearstead Advisors LLC grew its holdings in shares of DICK’S Sporting Goods by 46.9% during the 3rd quarter. Clearstead Advisors LLC now owns 144 shares of the sporting goods retailer’s stock valued at $32,000 after acquiring an additional 46 shares in the last quarter. Lido Advisors LLC raised its holdings in shares of 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 worth $302,000 after acquiring an additional 51 shares in the last quarter. Jacobi Capital Management LLC raised its holdings in shares of DICK’S Sporting Goods by 4.5% during the fourth quarter. Jacobi Capital Management LLC now owns 1,189 shares of the sporting goods retailer’s stock worth $235,000 after acquiring an additional 51 shares in the last quarter. Bath Savings Trust Co boosted its position in DICK’S Sporting Goods by 0.4% during the fourth quarter. Bath Savings Trust Co now owns 12,366 shares of the sporting goods retailer’s stock valued at $2,448,000 after purchasing an additional 53 shares during the last quarter. Finally, Town & Country Bank & Trust CO dba First Bankers Trust CO boosted its position in DICK’S Sporting Goods by 0.3% during the fourth quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 16,458 shares of the sporting goods retailer’s stock valued at $3,258,000 after purchasing an additional 54 shares during the last quarter. 89.83% of the stock is currently owned by institutional investors and hedge funds.

DICK’S Sporting Goods Price Performance

Shares of NYSE:DKS opened at $237.44 on Friday. DICK’S Sporting Goods, Inc. has a fifty-two week low of $186.32 and a fifty-two week high of $244.38. The business has a 50-day moving average of $223.66 and a two-hundred day moving average of $211.27. The stock has a market capitalization of $21.25 billion, a P/E ratio of 22.57, a P/E/G ratio of 2.07 and a beta of 1.19. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.50 and a quick ratio of 0.38.

DICK’S Sporting Goods (NYSE:DKS) last issued its quarterly earnings data 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 22.22%. The company had revenue of $5.16 billion for the quarter, compared to analyst estimates of $5.07 billion. During the same period in the prior year, the company posted $3.37 EPS. The business’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. On average, equities research analysts predict that DICK’S Sporting Goods, Inc. will post 14.23 EPS for the current fiscal year.

DICK’S Sporting Goods Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Friday, June 12th will be issued a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a yield of 2.1%. The ex-dividend date is Friday, June 12th. DICK’S Sporting Goods’s dividend payout ratio (DPR) is 47.53%.

Insider Activity at DICK’S Sporting Goods

In other news, Chairman Edward W. Stack sold 210,478 shares of DICK’S Sporting Goods stock in a transaction that occurred on Tuesday, March 31st. The shares were sold at an average price of $197.69, for a total value of $41,609,395.82. Following the transaction, the chairman owned 6,549,026 shares of the company’s stock, valued at $1,294,676,949.94. This trade represents a 3.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Julie Lodge-Jarrett sold 4,140 shares of the business’s stock in a transaction on Friday, April 17th. The stock was 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 $5,534,674.92. The trade was a 14.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 28.91% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Weiss Ratings lowered DICK’S Sporting Goods from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, June 5th. Morgan Stanley lifted their price target on DICK’S Sporting Goods from $250.00 to $270.00 and gave the company an “overweight” rating in a report on Thursday, May 28th. Truist Financial boosted their price target on DICK’S Sporting Goods from $252.00 to $270.00 and gave the company a “buy” rating in a research note on Wednesday, May 27th. BTIG Research restated a “buy” rating and issued a $300.00 price objective on shares of DICK’S Sporting Goods in a report on Thursday, May 28th. Finally, Robert W. Baird set a $264.00 price objective on shares of DICK’S Sporting Goods in a research report on Thursday, May 28th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target 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.