Kerusso Capital Management LLC Grows Stock Holdings in DICK’S Sporting Goods, Inc. $DKS

Kerusso Capital Management LLC boosted its holdings in shares of DICK’S Sporting Goods, Inc. (NYSE:DKS) by 25.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,714 shares of the sporting goods retailer’s stock after purchasing an additional 3,941 shares during the quarter. DICK’S Sporting Goods comprises about 1.8% of Kerusso Capital Management LLC’s investment portfolio, making the stock its 29th largest position. Kerusso Capital Management LLC’s holdings in DICK’S Sporting Goods were worth $3,903,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Clearstead Advisors LLC raised its stake in 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 valued at $32,000 after purchasing an additional 46 shares in the last quarter. Root Financial Partners LLC purchased a new stake in DICK’S Sporting Goods during the third quarter valued at $33,000. Westside Investment Management Inc. raised its stake in DICK’S Sporting Goods by 100.0% during the third 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 in the last quarter. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in DICK’S Sporting Goods during the fourth quarter valued at $30,000. Finally, Mather Group LLC. purchased a new stake in DICK’S Sporting Goods during the third quarter valued at $39,000. Hedge funds and other institutional investors own 89.83% of the company’s stock.

DICK’S Sporting Goods Trading Down 1.7%

DKS stock opened at $224.30 on Friday. The company has a quick ratio of 0.47, a current ratio of 1.53 and a debt-to-equity ratio of 0.34. DICK’S Sporting Goods, Inc. has a twelve month low of $167.03 and a twelve month high of $237.31. The stock has a market capitalization of $19.97 billion, a price-to-earnings ratio of 21.95, a price-to-earnings-growth ratio of 3.24 and a beta of 1.21. The firm’s fifty day simple moving average is $203.26 and its two-hundred day simple moving average is $210.30.

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 analysts’ consensus estimates of $3.43 by $0.02. The firm had revenue of $6.23 billion for 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% on a year-over-year basis. During the same period in the prior year, the business posted $3.62 earnings per share. DICK’S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. As a group, analysts anticipate that DICK’S Sporting Goods, Inc. will post 14.29 earnings per share for the current year.

DICK’S Sporting Goods Increases Dividend

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

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on DKS shares. Telsey Advisory Group reaffirmed an “outperform” rating and set a $245.00 price target on shares of DICK’S Sporting Goods in a research note on Monday, March 9th. Jefferies Financial Group reaffirmed a “hold” rating and set a $210.00 price target on shares of DICK’S Sporting Goods in a research note on Thursday, March 12th. Truist Financial cut their price objective on shares of DICK’S Sporting Goods from $275.00 to $252.00 and set a “buy” rating on the stock in a research report on Thursday, March 12th. Barclays boosted their price objective on shares of DICK’S Sporting Goods from $242.00 to $264.00 and gave the company an “overweight” rating in a research report on Friday, March 13th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of DICK’S Sporting Goods in a research report on Friday, March 27th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $241.89.

Insider Transactions at DICK’S Sporting Goods

In other news, Chairman Edward W. Stack sold 210,478 shares of the company’s stock in a transaction dated 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 directly owned 6,549,026 shares in the company, valued at approximately $1,294,676,949.94. This represents a 3.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Julie Lodge-Jarrett sold 4,140 shares of the company’s stock in a transaction dated 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 transaction, the executive vice president 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 disclosure for this sale is available in the SEC filing. Corporate insiders own 32.55% of the company’s stock.

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.