Oppenheimer & Co. Inc. Acquires 4,920 Shares of DICK’S Sporting Goods, Inc. $DKS

Oppenheimer & Co. Inc. raised its holdings in DICK’S Sporting Goods, Inc. (NYSE:DKS) by 119.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,033 shares of the sporting goods retailer’s stock after purchasing an additional 4,920 shares during the period. Oppenheimer & Co. Inc.’s holdings in DICK’S Sporting Goods were worth $1,788,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Migdal Insurance & Financial Holdings Ltd. bought a new stake in DICK’S Sporting Goods in the 4th quarter valued at about $30,000. Clearstead Advisors LLC boosted its holdings 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 purchasing an additional 46 shares during the period. Root Financial Partners LLC bought a new stake in DICK’S Sporting Goods in the 3rd quarter valued at about $33,000. Laurel Wealth Advisors LLC bought a new stake in DICK’S Sporting Goods in the 4th quarter valued at about $34,000. Finally, Westside Investment Management Inc. boosted its holdings 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 purchasing an additional 76 shares during the period. Institutional investors own 89.83% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have issued reports on DKS shares. Wall Street Zen raised shares of DICK’S Sporting Goods from a “sell” rating to a “hold” rating in a report on Sunday, January 25th. BTIG Research started coverage on shares of DICK’S Sporting Goods in a report on Thursday, April 16th. They issued a “buy” rating and a $300.00 price objective for the company. DA Davidson set a $260.00 price objective on shares of DICK’S Sporting Goods in a report on Monday, January 12th. Morgan Stanley cut their price objective on shares of DICK’S Sporting Goods from $260.00 to $250.00 and set an “overweight” rating for the company in a report on Friday, March 13th. Finally, Robert W. Baird set a $253.00 target price on shares of DICK’S Sporting Goods in a research report on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, DICK’S Sporting Goods currently has a consensus rating of “Moderate Buy” and a consensus target price of $241.89.

DICK’S Sporting Goods Price Performance

Shares of NYSE:DKS opened at $215.68 on Wednesday. The firm has a 50 day moving average of $205.76 and a 200-day moving average of $209.98. The stock has a market capitalization of $19.20 billion, a PE ratio of 21.10, a PEG ratio of 3.08 and a beta of 1.21. The company has a current ratio of 1.53, a quick ratio of 0.47 and a debt-to-equity ratio of 0.34. DICK’S Sporting Goods, Inc. has a 12 month low of $167.03 and a 12 month high of $237.31.

DICK’S Sporting Goods (NYSE:DKS) last issued its earnings results on Thursday, March 12th. The sporting goods retailer reported $3.45 EPS for the quarter, beating the consensus estimate of $3.43 by $0.02. The company 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 business’s revenue for the quarter was up 59.9% compared to the same quarter last year. During the same period in the previous year, the company earned $3.62 EPS. 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 14.29 EPS for the current fiscal year.

DICK’S Sporting Goods Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 10th. Stockholders of record on Friday, March 27th were given a $1.25 dividend. This represents a $5.00 annualized dividend and a dividend yield of 2.3%. The ex-dividend date was Friday, March 27th. This is a boost from DICK’S Sporting Goods’s previous quarterly dividend of $1.21. DICK’S Sporting Goods’s dividend payout ratio is presently 48.92%.

Insider Activity at DICK’S Sporting Goods

In related news, 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 completion of the transaction, the executive vice president directly owned 24,757 shares in the company, valued at $5,534,674.92. This represents a 14.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, 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 transaction, the chairman directly owned 6,549,026 shares of the company’s stock, valued at approximately $1,294,676,949.94. The trade was a 3.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 32.55% of the stock is currently owned by insiders.

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.