Systematic Financial Management LP Acquires 2,500 Shares of DICK’S Sporting Goods, Inc. $DKS

Systematic Financial Management LP increased its holdings in DICK’S Sporting Goods, Inc. (NYSE:DKS) by 44.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,183 shares of the sporting goods retailer’s stock after buying an additional 2,500 shares during the period. Systematic Financial Management LP’s holdings in DICK’S Sporting Goods were worth $1,620,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of DKS. Bank of America Corp DE raised its stake in DICK’S Sporting Goods by 588.1% in the third quarter. Bank of America Corp DE now owns 3,545,944 shares of the sporting goods retailer’s stock worth $787,980,000 after buying an additional 3,030,642 shares in the last quarter. Wellington Management Group LLP raised its stake in DICK’S Sporting Goods by 83.9% in the third quarter. Wellington Management Group LLP now owns 6,606,860 shares of the sporting goods retailer’s stock worth $1,468,176,000 after buying an additional 3,013,850 shares in the last quarter. Vanguard Group Inc. raised its stake in DICK’S Sporting Goods by 17.8% in the third quarter. Vanguard Group Inc. now owns 6,719,011 shares of the sporting goods retailer’s stock worth $1,493,099,000 after buying an additional 1,015,599 shares in the last quarter. Atreides Management LP bought a new position in DICK’S Sporting Goods in the second quarter worth approximately $172,715,000. Finally, Hamlin Capital Management LLC bought a new position in DICK’S Sporting Goods in the third quarter worth approximately $157,537,000. Institutional investors own 89.83% of the company’s stock.

Insiders Place Their Bets

In other news, Chairman Edward W. Stack sold 210,478 shares of the business’s stock in a transaction 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 sale, the chairman directly owned 6,549,026 shares of the company’s stock, valued at $1,294,676,949.94. The trade was a 3.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Julie Lodge-Jarrett sold 4,140 shares of the company’s stock in a transaction 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 sale, the executive vice president directly owned 24,757 shares in the company, valued at approximately $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. 28.91% of the stock is owned by insiders.

DICK’S Sporting Goods Price Performance

Shares of DKS opened at $231.25 on Monday. The firm has a market capitalization of $20.59 billion, a PE ratio of 22.63, a price-to-earnings-growth ratio of 3.29 and a beta of 1.21. 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 $167.03 and a 1-year high of $237.31. The company’s fifty day moving average price is $210.05 and its 200-day moving average price is $209.43.

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 for the quarter, beating analysts’ consensus estimates of $3.43 by $0.02. The firm had revenue of $6.23 billion for the quarter, compared to analyst estimates 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 quarterly revenue was up 59.9% compared to the same quarter last year. During the same period in the previous year, the company earned $3.62 earnings per share. 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 14.25 EPS for the current year.

DICK’S Sporting Goods Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Stockholders of record on Friday, March 27th were issued a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.2%. This is a boost from DICK’S Sporting Goods’s previous quarterly dividend of $1.21. The ex-dividend date of this dividend was Friday, March 27th. DICK’S Sporting Goods’s dividend payout ratio is presently 48.92%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on DKS. Telsey Advisory Group upped their price target on DICK’S Sporting Goods from $240.00 to $255.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 20th. UBS Group reaffirmed a “buy” rating on shares of DICK’S Sporting Goods in a research report on Tuesday, March 3rd. Wall Street Zen raised DICK’S Sporting Goods from a “sell” rating to a “hold” rating in a research report on Sunday, January 25th. Barclays upped their price target on DICK’S Sporting Goods from $242.00 to $264.00 and gave the stock an “overweight” rating in a research report on Friday, March 13th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a $210.00 price target on shares of DICK’S Sporting Goods in a research report on Thursday, March 12th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $246.72.

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.