DICK’S Sporting Goods, Inc. $DKS Holdings Lowered by Copeland Capital Management LLC

Copeland Capital Management LLC reduced its stake in DICK’S Sporting Goods, Inc. (NYSE:DKS) by 2.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 130,979 shares of the sporting goods retailer’s stock after selling 3,562 shares during the period. Copeland Capital Management LLC owned 0.15% of DICK’S Sporting Goods worth $25,972,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in DKS. Harbor Investment Advisory LLC bought a new stake in DICK’S Sporting Goods during the first quarter worth approximately $30,000. Migdal Insurance & Financial Holdings Ltd. bought a new position in DICK’S Sporting Goods during the 4th quarter valued at $30,000. Laurel Wealth Advisors LLC bought a new position in DICK’S Sporting Goods during the 4th quarter valued at $34,000. Elyxium Wealth LLC acquired a new position in shares of DICK’S Sporting Goods during the 4th quarter valued at $35,000. Finally, SHP Wealth Management acquired a new position in shares of DICK’S Sporting Goods during the 4th quarter valued at $38,000. 89.83% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on DKS shares. Morgan Stanley boosted their price objective on DICK’S Sporting Goods from $250.00 to $270.00 and gave the stock an “overweight” rating in a research note on Thursday, May 28th. Robert W. Baird set a $264.00 target price on DICK’S Sporting Goods in a report on Thursday, May 28th. Barclays boosted their price target on shares of DICK’S Sporting Goods from $264.00 to $280.00 and gave the stock an “overweight” rating in a research report on Thursday, May 28th. Wells Fargo & Company restated a “positive” rating on shares of DICK’S Sporting Goods in a research report on Thursday, May 28th. Finally, DA Davidson restated a “buy” rating and set a $260.00 price objective on shares of DICK’S Sporting Goods in a research report on Wednesday, July 1st. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $254.71.

DICK’S Sporting Goods Stock Performance

DKS opened at $217.47 on Friday. The firm has a market cap of $19.46 billion, a PE ratio of 20.67, a P/E/G ratio of 1.89 and a beta of 1.19. The company has a quick ratio of 0.38, a current ratio of 1.50 and a debt-to-equity ratio of 0.34. The business has a fifty day simple moving average of $223.34 and a 200-day simple moving average of $212.51. DICK’S Sporting Goods, Inc. has a fifty-two week low of $186.67 and a fifty-two week high of $244.38.

DICK’S Sporting Goods (NYSE:DKS) last announced its earnings results on Wednesday, May 27th. The sporting goods retailer reported $2.90 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.91 by ($0.01). DICK’S Sporting Goods had a return on equity of 22.22% and a net margin of 4.71%.The company had revenue of $5.16 billion for the quarter, compared to analyst estimates of $5.07 billion. During the same period last year, the firm earned $3.37 earnings per share. The firm’s revenue for the quarter was up 62.7% on a year-over-year basis. DICK’S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. As a group, equities analysts predict that DICK’S Sporting Goods, Inc. will post 14.24 EPS for the current fiscal year.

DICK’S Sporting Goods Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Friday, June 12th were issued a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a yield of 2.3%. The ex-dividend date was Friday, June 12th. DICK’S Sporting Goods’s 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.