DICK’S Sporting Goods, Inc. $DKS Shares Bought by Wellington Management Group LLP

Wellington Management Group LLP lifted its stake in shares of DICK’S Sporting Goods, Inc. (NYSE:DKS) by 83.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,606,860 shares of the sporting goods retailer’s stock after acquiring an additional 3,013,850 shares during the quarter. Wellington Management Group LLP owned 8.25% of DICK’S Sporting Goods worth $1,468,176,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of DKS. Clearstead Advisors LLC raised its position in shares of 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 worth $32,000 after purchasing an additional 46 shares during the period. Root Financial Partners LLC acquired a new position in shares of DICK’S Sporting Goods in the 3rd quarter valued at $33,000. Westside Investment Management Inc. increased its stake 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 worth $35,000 after purchasing an additional 76 shares in the last quarter. Mather Group LLC. purchased a new position in DICK’S Sporting Goods in the 3rd quarter worth about $39,000. Finally, Cornerstone Planning Group LLC raised its holdings in DICK’S Sporting Goods by 7,000.0% during the 3rd quarter. Cornerstone Planning Group LLC now owns 213 shares of the sporting goods retailer’s stock worth $47,000 after buying an additional 210 shares during the period. 89.83% of the stock is currently owned by institutional investors and hedge funds.

DICK’S Sporting Goods Price Performance

Shares of DKS opened at $192.60 on Friday. The company has a market capitalization of $17.33 billion, a price-to-earnings ratio of 18.85, a P/E/G ratio of 2.78 and a beta of 1.23. DICK’S Sporting Goods, Inc. has a fifty-two week low of $166.37 and a fifty-two week high of $237.31. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.57 and a quick ratio of 0.37. The business’s 50-day moving average is $205.97 and its 200-day moving average is $214.21.

DICK’S Sporting Goods (NYSE:DKS) last posted its quarterly earnings results on Thursday, March 12th. The sporting goods retailer reported $3.45 EPS for the quarter, topping the consensus estimate of $3.43 by $0.02. DICK’S Sporting Goods had a net margin of 4.93% and a return on equity of 29.78%. The business had revenue of $6.23 billion during the quarter, compared to analysts’ expectations of $6.06 billion. During the same period last year, the company posted $3.62 earnings per share. The firm’s quarterly revenue was up 59.9% 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 expect that DICK’S Sporting Goods, Inc. will post 13.89 EPS for the current fiscal year.

DICK’S Sporting Goods Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 10th. Shareholders of record on Friday, March 27th will be paid a dividend of $1.25 per share. This is an increase from DICK’S Sporting Goods’s previous quarterly dividend of $1.21. The ex-dividend date of this dividend is Friday, March 27th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.6%. DICK’S Sporting Goods’s dividend payout ratio (DPR) is 47.46%.

Analysts Set New Price Targets

A number of research firms have commented on DKS. Truist Financial reduced their price objective on shares of DICK’S Sporting Goods from $275.00 to $252.00 and set a “buy” rating for the company in a research note on Thursday. Robert W. Baird set a $253.00 price target on shares of DICK’S Sporting Goods in a report on Wednesday, February 11th. Telsey Advisory Group restated an “outperform” rating and issued a $245.00 price target on shares of DICK’S Sporting Goods in a research report on Monday, March 9th. Barclays raised their price objective on shares of DICK’S Sporting Goods from $242.00 to $264.00 and gave the stock an “overweight” rating in a research note on Friday. Finally, Wall Street Zen upgraded shares of DICK’S Sporting Goods from a “sell” rating to a “hold” rating in a research report on Sunday, January 25th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $236.21.

More DICK’S Sporting Goods News

Here are the key news stories impacting DICK’S Sporting Goods this week:

• Positive Sentiment: Q4 results beat expectations: record consolidated revenue (~$6.23B) and solid comparable‑store strength; management highlighted sales momentum and progress on Foot Locker integration. Press Release
• Positive Sentiment: Barclays hiked its price target to $264 and moved DKS to “overweight,” signaling bullish analyst conviction that upside remains from the post‑earnings momentum. Benzinga
• Positive Sentiment: Board raised the quarterly dividend to $1.25 (≈3% increase; ~2.5% yield), and the company reiterated capital‑return priorities (buybacks remain a focus), which supports shareholder value over time.
• Positive Sentiment: Bullish commentary by MarketBeat argues for a late‑year inflection as integration costs fade, supporting a multi‑quarter recovery thesis. MarketBeat
• Neutral Sentiment: Morgan Stanley trimmed its target to $250 but kept an “overweight” view — a milder tweak that signals continued medium‑term support despite near‑term concerns. Benzinga
• Neutral Sentiment: Earnings call transcript and analyst writeups are available for deeper read; useful for tracking management detail on Foot Locker margins and timing of the expected profitability inflection. Earnings Call Transcript
• Neutral Sentiment: Brand/marketing initiative: the company’s Cookie Jar & A Dream Studios is premiering a documentary at SXSW — positive for brand but unlikely to move near‑term fundamentals. PR Newswire
• Negative Sentiment: Profit guidance and margin pressure: FY‑2026 adjusted EPS guidance ($13.50–$14.50) came in below some consensus/expectations and management flagged near‑term profitability drag from Foot Locker integration — a core reason for selling pressure. CNBC
• Negative Sentiment: Analyst downgrades/target cuts: Wells Fargo cut its target to $200 and moved to “equal weight,” reflecting skepticism on near‑term upside and weighing on sentiment. Benzinga
• Negative Sentiment: Profitability hit: reported GAAP profits fell materially (reported commentary noted a ~57% decline year‑over‑year), largely due to acquisition and integration costs for Foot Locker. CNBC
• Negative Sentiment: Unusual options flow: a spike in put buying signaled hedging or bearish positioning, which can amplify downward moves in the short term.

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.