World Investment Advisors Makes New $571,000 Investment in DICK’S Sporting Goods, Inc. $DKS

World Investment Advisors purchased a new stake in DICK’S Sporting Goods, Inc. (NYSE:DKS) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 2,880 shares of the sporting goods retailer’s stock, valued at approximately $571,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Jacobi Capital Management LLC grew its holdings in shares of DICK’S Sporting Goods by 4.5% during the fourth quarter. Jacobi Capital Management LLC now owns 1,189 shares of the sporting goods retailer’s stock worth $235,000 after purchasing an additional 51 shares in the last quarter. Lido Advisors LLC raised its stake in DICK’S Sporting Goods by 3.9% in the third quarter. Lido Advisors LLC now owns 1,358 shares of the sporting goods retailer’s stock valued at $302,000 after purchasing an additional 51 shares in the last quarter. Bath Savings Trust Co lifted its position in DICK’S Sporting Goods by 0.4% during the fourth quarter. Bath Savings Trust Co now owns 12,366 shares of the sporting goods retailer’s stock valued at $2,448,000 after purchasing an additional 53 shares during the last quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO lifted its position in DICK’S Sporting Goods by 0.3% during the fourth quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 16,458 shares of the sporting goods retailer’s stock valued at $3,258,000 after purchasing an additional 54 shares during the last quarter. Finally, Fifth Third Wealth Advisors LLC grew its stake in DICK’S Sporting Goods by 2.4% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 2,284 shares of the sporting goods retailer’s stock worth $453,000 after buying an additional 54 shares in the last quarter. Hedge funds and other institutional investors own 89.83% of the company’s stock.

Analyst Upgrades and Downgrades

DKS has been the topic of a number of research analyst reports. Barclays increased 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 report on Thursday, May 28th. Robert W. Baird set a $264.00 target price on shares of DICK’S Sporting Goods in a research report on Thursday, May 28th. Truist Financial increased their target price on DICK’S Sporting Goods from $252.00 to $270.00 and gave the company a “buy” rating in a research note on Wednesday, May 27th. 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 reaffirmed a “buy” rating and set a $260.00 price target on shares of DICK’S Sporting Goods in a research note on Wednesday, July 1st. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $254.71.

Insider Buying and Selling at DICK’S Sporting Goods

In related news, EVP Julie Lodge-Jarrett sold 4,140 shares of the 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 sale, the executive vice president directly owned 24,757 shares in the company, valued at $5,534,674.92. This represents a 14.33% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 28.91% of the company’s stock.

DICK’S Sporting Goods Price Performance

NYSE DKS traded up $0.75 on Friday, reaching $218.07. 635,750 shares of the company’s stock traded hands, compared to its average volume of 1,064,272. The stock has a market cap of $19.52 billion, a PE ratio of 20.73, a P/E/G ratio of 1.90 and a beta of 1.19. DICK’S Sporting Goods, Inc. has a 12 month low of $186.67 and a 12 month high of $244.38. The stock has a 50-day simple moving average of $224.25 and a 200 day simple moving average of $212.34. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.50 and a quick ratio of 0.38.

DICK’S Sporting Goods (NYSE:DKS) last announced its quarterly earnings data on Wednesday, May 27th. The sporting goods retailer reported $2.90 earnings per share 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 business had revenue of $5.16 billion during the quarter, compared to the consensus estimate of $5.07 billion. During the same quarter in the previous year, the firm posted $3.37 earnings per share. The company’s revenue 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. As a group, research analysts predict that DICK’S Sporting Goods, Inc. will post 14.24 earnings per share for the current year.

DICK’S Sporting Goods Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Friday, June 12th were paid a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend was Friday, June 12th. DICK’S Sporting Goods’s dividend payout ratio (DPR) is 47.53%.

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.