Julie Lodge-Jarrett Sells 4,140 Shares of DICK’S Sporting Goods (NYSE:DKS) Stock

DICK’S Sporting Goods, Inc. (NYSE:DKS) EVP Julie Lodge-Jarrett sold 4,140 shares of DICK’S Sporting Goods stock in a transaction on Friday, April 17th. The stock was sold at an average price of $223.56, for a total transaction of $925,538.40. Following the sale, the executive vice president directly owned 24,757 shares of the company’s stock, valued at $5,534,674.92. This represents a 14.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

DICK’S Sporting Goods Stock Performance

NYSE DKS opened at $228.17 on Thursday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.47 and a current ratio of 1.53. The company has a market capitalization of $20.32 billion, a P/E ratio of 22.33, a P/E/G ratio of 3.25 and a beta of 1.21. The company has a fifty day moving average of $202.77 and a 200-day moving average of $210.20. DICK’S Sporting Goods, Inc. has a 52-week low of $167.03 and a 52-week high of $237.31.

DICK’S Sporting Goods (NYSE:DKS) last posted its quarterly earnings results on Thursday, March 12th. The sporting goods retailer reported $3.45 earnings per share for the quarter, topping the consensus estimate of $3.43 by $0.02. The business had revenue of $6.23 billion during the quarter, compared to the consensus estimate of $6.06 billion. DICK’S Sporting Goods had a net margin of 4.93% and a return on equity of 27.12%. The firm’s revenue for the quarter was up 59.9% on a year-over-year basis. During the same period in the previous year, the firm 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, equities research analysts predict that DICK’S Sporting Goods, Inc. will post 14.29 EPS for the current fiscal year.

DICK’S Sporting Goods Increases Dividend

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

Analyst Upgrades and Downgrades

DKS has been the subject of several recent research reports. Wells Fargo & Company lowered their price target on shares of DICK’S Sporting Goods from $225.00 to $200.00 and set an “equal weight” rating for the company in a research note on Friday, March 13th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of DICK’S Sporting Goods in a research note on Monday, January 5th. Barclays upped 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 note on Friday, March 13th. Jefferies Financial Group reaffirmed a “hold” rating and set a $210.00 price objective on shares of DICK’S Sporting Goods in a research note on Thursday, March 12th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of DICK’S Sporting Goods in a research note on Friday, March 27th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $241.89.

Hedge Funds Weigh In On DICK’S Sporting Goods

Several hedge funds and other institutional investors have recently modified their holdings of DKS. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in DICK’S Sporting Goods in the fourth quarter worth about $30,000. Clearstead Advisors LLC grew its holdings in DICK’S Sporting Goods by 46.9% in 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 purchased a new stake in DICK’S Sporting Goods in the third quarter worth about $33,000. Laurel Wealth Advisors LLC purchased a new stake in DICK’S Sporting Goods in the fourth quarter worth about $34,000. Finally, Westside Investment Management Inc. grew its holdings in DICK’S Sporting Goods by 100.0% in the third 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 during the period. Hedge funds and other institutional investors own 89.83% 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.