Livforsakringsbolaget Skandia Omsesidigt Has $5.05 Million Holdings in DICK’S Sporting Goods, Inc. $DKS

Livforsakringsbolaget Skandia Omsesidigt lessened its holdings in shares of DICK’S Sporting Goods, Inc. (NYSE:DKS) by 39.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 25,500 shares of the sporting goods retailer’s stock after selling 16,300 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt’s holdings in DICK’S Sporting Goods were worth $5,048,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Angelo Gordon & CO. L.P. acquired a new stake in DICK’S Sporting Goods during the 3rd quarter worth $8,640,000. American Century Companies Inc. raised its stake in DICK’S Sporting Goods by 139.4% during the 3rd quarter. American Century Companies Inc. now owns 412,661 shares of the sporting goods retailer’s stock worth $91,702,000 after buying an additional 240,272 shares during the period. Alps Advisors Inc. raised its stake in DICK’S Sporting Goods by 38.5% during the 3rd quarter. Alps Advisors Inc. now owns 27,221 shares of the sporting goods retailer’s stock worth $6,049,000 after buying an additional 7,570 shares during the period. PNC Financial Services Group Inc. raised its stake in DICK’S Sporting Goods by 44.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 34,570 shares of the sporting goods retailer’s stock worth $7,682,000 after buying an additional 10,661 shares during the period. Finally, Allianz Asset Management GmbH raised its stake in DICK’S Sporting Goods by 89.0% during the 3rd quarter. Allianz Asset Management GmbH now owns 120,712 shares of the sporting goods retailer’s stock worth $26,825,000 after buying an additional 56,829 shares during the period. Institutional investors and hedge funds own 89.83% of the company’s stock.

DICK’S Sporting Goods Stock Performance

NYSE DKS opened at $217.95 on Friday. The firm’s fifty day moving average price is $215.76 and its two-hundred day moving average price is $209.74. The stock has a market cap of $19.41 billion, a PE ratio of 20.72, a PEG ratio of 1.96 and a beta of 1.19. DICK’S Sporting Goods, Inc. has a fifty-two week low of $170.73 and a fifty-two week high of $237.75. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.38 and a current ratio of 1.50.

DICK’S Sporting Goods (NYSE:DKS) last issued its quarterly earnings data on Wednesday, May 27th. The sporting goods retailer reported $2.90 earnings per share for the quarter, missing the consensus estimate of $2.91 by ($0.01). DICK’S Sporting Goods had a return on equity of 23.41% and a net margin of 4.71%.The business had revenue of $5.16 billion during the quarter, compared to the consensus estimate of $5.07 billion. During the same period in the prior year, the firm earned $3.37 EPS. The business’s revenue for the quarter was up 62.7% compared to the same quarter last year. DICK’S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. On average, equities analysts expect that DICK’S Sporting Goods, Inc. will post 14.24 EPS for the current fiscal year.

DICK’S Sporting Goods Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Friday, June 12th will be paid a $1.25 dividend. The ex-dividend date of this dividend is Friday, June 12th. This represents a $5.00 annualized dividend and a dividend yield of 2.3%. DICK’S Sporting Goods’s payout ratio is currently 47.53%.

Insider Buying and Selling at DICK’S Sporting Goods

In related news, EVP Julie Lodge-Jarrett sold 4,140 shares of the business’s stock in a transaction on Friday, April 17th. The shares were sold at an average price of $223.56, for a total value of $925,538.40. Following the sale, the executive vice president owned 24,757 shares of the company’s stock, valued at $5,534,674.92. The trade was a 14.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Chairman Edward W. Stack sold 210,478 shares of the business’s stock in a transaction on Tuesday, March 31st. The stock was sold at an average price of $197.69, for a total transaction of $41,609,395.82. Following the completion of the sale, 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 position. The SEC filing for this sale provides additional information. Insiders own 28.91% of the company’s stock.

Analyst Ratings Changes

DKS has been the subject of several analyst reports. Wells Fargo & Company restated a “positive” rating on shares of DICK’S Sporting Goods in a report on Thursday, May 28th. Morgan Stanley raised their target price on shares of DICK’S Sporting Goods from $250.00 to $270.00 and gave the company an “overweight” rating in a research note on Thursday, May 28th. Robert W. Baird set a $264.00 target price on shares of DICK’S Sporting Goods in a research note on Thursday, May 28th. Telsey Advisory Group raised their price objective on shares of 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. Finally, BTIG Research restated a “buy” rating and set a $300.00 price objective on shares of DICK’S Sporting Goods in a research report on Thursday, May 28th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, DICK’S Sporting Goods currently has an average rating of “Moderate Buy” and an average price target of $253.89.

DICK’S Sporting Goods 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.