DICK’S Sporting Goods, Inc. $DKS Shares Sold by Quantinno Capital Management LP

Quantinno Capital Management LP lowered its stake in shares of DICK’S Sporting Goods, Inc. (NYSE:DKS) by 10.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 41,693 shares of the sporting goods retailer’s stock after selling 4,633 shares during the period. Quantinno Capital Management LP’s holdings in DICK’S Sporting Goods were worth $8,267,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Broad Peak Investment Advisers Pte Ltd boosted its position in DICK’S Sporting Goods by 42.4% during the fourth quarter. Broad Peak Investment Advisers Pte Ltd now owns 37,804 shares of the sporting goods retailer’s stock worth $7,484,000 after purchasing an additional 11,250 shares in the last quarter. Financial Synergies Wealth Advisors Inc. purchased a new position in shares of DICK’S Sporting Goods in the fourth quarter valued at $1,446,000. Principal Financial Group Inc. increased its position in shares of DICK’S Sporting Goods by 56.3% in the fourth quarter. Principal Financial Group Inc. now owns 503,077 shares of the sporting goods retailer’s stock valued at $99,597,000 after buying an additional 181,223 shares in the last quarter. SCS Capital Management LLC raised its stake in shares of DICK’S Sporting Goods by 10.6% during the 4th quarter. SCS Capital Management LLC now owns 71,121 shares of the sporting goods retailer’s stock worth $14,080,000 after buying an additional 6,837 shares during the last quarter. Finally, Norges Bank acquired a new position in shares of DICK’S Sporting Goods during the 4th quarter worth $192,639,000. 89.83% of the stock is currently owned by institutional investors and hedge funds.

DICK’S Sporting Goods Stock Down 0.3%

Shares of NYSE:DKS opened at $200.12 on Wednesday. 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 company has a market capitalization of $17.91 billion, a P/E ratio of 19.02, a P/E/G ratio of 1.75 and a beta of 1.21. DICK’S Sporting Goods, Inc. has a 52-week low of $186.67 and a 52-week high of $244.38. The stock’s fifty day simple moving average is $219.51 and its 200-day simple moving average is $212.30.

DICK’S Sporting Goods (NYSE:DKS) last posted 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 return on equity of 22.22% and a net margin of 4.71%.The company had revenue of $5.16 billion for the quarter, compared to analysts’ expectations of $5.07 billion. During the same quarter in the prior year, the business posted $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. As a group, equities research analysts forecast that DICK’S Sporting Goods, Inc. will post 14.24 earnings per share for the current fiscal year.

DICK’S Sporting Goods Announces Dividend

The company also recently declared 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. This represents a $5.00 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend was Friday, June 12th. DICK’S Sporting Goods’s dividend payout ratio (DPR) is currently 47.53%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on DKS. Weiss Ratings cut shares of DICK’S Sporting Goods from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, June 5th. The Goldman Sachs Group restated a “buy” rating on shares of DICK’S Sporting Goods in a research report on Monday. JPMorgan Chase & Co. raised shares of DICK’S Sporting Goods from a “neutral” rating to an “overweight” rating and upped their price target for the company from $240.00 to $270.00 in a report on Thursday, May 28th. Wells Fargo & Company reiterated a “positive” rating on shares of DICK’S Sporting Goods in a research report on Thursday, May 28th. Finally, Barclays increased their price target on shares of DICK’S Sporting Goods from $264.00 to $280.00 and gave the company an “overweight” rating in a research report on Thursday, May 28th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $257.19.

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.