EFG International AG Takes $7.12 Million Position in DICK’S Sporting Goods, Inc. $DKS

EFG International AG purchased a new stake in shares of DICK’S Sporting Goods, Inc. (NYSE:DKS) during the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 31,401 shares of the sporting goods retailer’s stock, valued at approximately $7,122,000.

A number of other institutional investors also recently bought and sold shares of DKS. Harbor Investment Advisory LLC purchased a new stake in DICK’S Sporting Goods in the first quarter worth about $30,000. Laurel Wealth Advisors LLC purchased a new position in shares of DICK’S Sporting Goods during the 4th quarter worth approximately $34,000. Elyxium Wealth LLC bought a new position in shares of DICK’S Sporting Goods in the 4th quarter worth approximately $35,000. SHP Wealth Management bought a new position in shares of DICK’S Sporting Goods in the 4th quarter worth approximately $38,000. Finally, Torren Management LLC purchased a new position in shares of DICK’S Sporting Goods in the 4th quarter valued at approximately $41,000. 89.83% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on DKS shares. DA Davidson restated a “buy” rating and set a $260.00 price target on shares of DICK’S Sporting Goods in a research report on Monday, August 17th. Wells Fargo & Company set a $185.00 target price on shares of DICK’S Sporting Goods and gave the company an “overweight” rating in a report on Tuesday. The Goldman Sachs Group reaffirmed a “buy” rating on shares of DICK’S Sporting Goods in a research report on Monday, August 3rd. BTIG Research reiterated a “buy” rating and issued a $300.00 price target on shares of DICK’S Sporting Goods in a research note on Thursday, May 28th. Finally, Morgan Stanley lifted their price target on shares of DICK’S Sporting Goods from $250.00 to $270.00 and gave the company an “overweight” rating in a research report on Thursday, May 28th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $243.65.

DICK’S Sporting Goods News Summary

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

• Positive Sentiment: The core DICK’S business delivered 4.9% comparable-sales growth, supported by broad-based category gains, higher transactions and average ticket, and strong FIFA World Cup-related demand. Management maintained its core-business comparable-sales outlook of 2.5% to 4.0% growth. DICK’S Sporting Goods Second Quarter Results
• Positive Sentiment: The company declared a quarterly dividend of $1.25 per share, payable September 25 to shareholders of record September 11. The dividend provides ongoing shareholder support following the selloff.
• Positive Sentiment: CNBC’s Jim Cramer argued that investors should not abandon DKS, saying the core business remains relatively strong and that the decline could create a more attractive long-term entry point if Foot Locker stabilizes. Jim Cramer’s Advice on DICK’S Sporting Goods

DICK’S Sporting Goods Stock Down 30.7%

Shares of NYSE:DKS opened at $124.31 on Wednesday. The company has a current ratio of 1.50, a quick ratio of 0.38 and a debt-to-equity ratio of 0.34. The stock has a fifty day simple moving average of $211.11 and a two-hundred day simple moving average of $210.64. DICK’S Sporting Goods, Inc. has a 12-month low of $124.00 and a 12-month high of $244.38. The stock has a market capitalization of $11.13 billion, a price-to-earnings ratio of 11.82, a PEG ratio of 1.56 and a beta of 1.21.

DICK’S Sporting Goods (NYSE:DKS) last issued its quarterly earnings results on Tuesday, August 25th. The sporting goods retailer reported $3.53 earnings per share for the quarter, missing the consensus estimate of $3.75 by ($0.22). The company had revenue of $5.59 billion for the quarter, compared to the consensus estimate of $5.64 billion. DICK’S Sporting Goods had a net margin of 4.71% and a return on equity of 22.22%. DICK’S Sporting Goods’s revenue was up 53.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $4.38 earnings per share. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. On average, research analysts anticipate that DICK’S Sporting Goods, Inc. will post 14.24 earnings per share for the current fiscal year.

DICK’S Sporting Goods Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be issued a dividend of $1.25 per share. The ex-dividend date is Friday, September 11th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 4.0%. DICK’S Sporting Goods’s dividend payout ratio is presently 47.53%.

About DICK’S Sporting Goods

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.