DICK’S Sporting Goods, Inc. $DKS Shares Bought by BNP Paribas Financial Markets

BNP Paribas Financial Markets grew its position in shares of DICK’S Sporting Goods, Inc. (NYSE:DKS) by 163.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 181,525 shares of the sporting goods retailer’s stock after acquiring an additional 112,495 shares during the period. BNP Paribas Financial Markets’ holdings in DICK’S Sporting Goods were worth $35,937,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Clearstead Advisors LLC increased its stake in DICK’S Sporting Goods by 46.9% during the third quarter. Clearstead Advisors LLC now owns 144 shares of the sporting goods retailer’s stock worth $32,000 after acquiring an additional 46 shares during the last quarter. Lido Advisors LLC grew its stake in shares of 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 buying an additional 51 shares in the last quarter. Bath Savings Trust Co grew its stake in shares of DICK’S Sporting Goods by 0.4% in 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 buying an additional 53 shares in the last quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO grew its stake in shares of DICK’S Sporting Goods by 0.3% in 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 buying an additional 54 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in shares of DICK’S Sporting Goods by 36.4% in the third quarter. EverSource Wealth Advisors LLC now owns 236 shares of the sporting goods retailer’s stock valued at $52,000 after buying an additional 63 shares in the last quarter. 89.83% of the stock is currently owned by institutional investors and hedge funds.

DICK’S Sporting Goods Price Performance

Shares of NYSE DKS opened at $224.66 on Thursday. DICK’S Sporting Goods, Inc. has a fifty-two week low of $170.73 and a fifty-two week high of $237.75. The business has a 50 day moving average price of $215.28 and a two-hundred day moving average price of $209.73. 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 firm has a market cap of $20.00 billion, a PE ratio of 21.36, a price-to-earnings-growth ratio of 1.87 and a beta of 1.19.

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 analysts’ consensus estimates of $2.91 by ($0.01). DICK’S Sporting Goods had a net margin of 4.71% and a return on equity of 23.41%. The business had revenue of $5.16 billion for the quarter, compared to analyst estimates of $5.07 billion. During the same quarter last year, the business earned $3.37 EPS. DICK’S Sporting Goods’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. Sell-side analysts expect that DICK’S Sporting Goods, Inc. will post 14.24 earnings per share 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. Shareholders of record on Friday, June 12th will be paid a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Friday, June 12th. DICK’S Sporting Goods’s dividend payout ratio (DPR) is 47.53%.

Insider Buying and Selling

In other DICK’S Sporting Goods news, EVP Julie Lodge-Jarrett sold 4,140 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the executive vice president owned 24,757 shares in the company, valued at $5,534,674.92. This trade represents a 14.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Edward W. Stack sold 210,478 shares of the firm’s stock in a transaction that occurred on Tuesday, March 31st. The shares were sold at an average price of $197.69, for a total value of $41,609,395.82. Following the sale, the chairman owned 6,549,026 shares of the company’s stock, valued at approximately $1,294,676,949.94. This trade represents a 3.11% decrease in their position. The SEC filing for this sale provides additional information. 28.91% of the stock is owned by company insiders.

Analyst Ratings Changes

DKS has been the subject of a number of recent research reports. Jefferies Financial Group increased their target price on DICK’S Sporting Goods from $210.00 to $224.00 and gave the company a “hold” rating in a research note on Wednesday, May 27th. 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. DA Davidson reiterated a “buy” rating and issued a $260.00 target price on shares of DICK’S Sporting Goods in a research note on Thursday, May 28th. UBS Group reiterated a “buy” rating on shares of DICK’S Sporting Goods in a research note on Tuesday, March 3rd. Finally, Telsey Advisory Group increased their target price on DICK’S Sporting Goods from $240.00 to $255.00 and gave the company an “outperform” rating in a research note on Wednesday, May 20th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, DICK’S Sporting Goods currently has an average rating of “Moderate Buy” and an average price target of $253.89.

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.