Dillard’s, Inc. $DDS Stock Position Increased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. lifted its position in Dillard’s, Inc. (NYSE:DDS) by 28,394.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 226,529 shares of the company’s stock after buying an additional 225,734 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Dillard’s were worth $137,354,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of DDS. Quarry LP acquired a new stake in shares of Dillard’s during the third quarter worth $33,000. EverSource Wealth Advisors LLC raised its position in shares of Dillard’s by 790.0% during the second quarter. EverSource Wealth Advisors LLC now owns 89 shares of the company’s stock worth $37,000 after purchasing an additional 79 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Dillard’s by 110.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 139 shares of the company’s stock worth $50,000 after purchasing an additional 73 shares during the period. BI Asset Management Fondsmaeglerselskab A S acquired a new stake in shares of Dillard’s during the second quarter worth $55,000. Finally, Torren Management LLC acquired a new stake in shares of Dillard’s during the fourth quarter worth $68,000. Institutional investors own 67.15% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on DDS shares. Wall Street Zen lowered Dillard’s from a “buy” rating to a “hold” rating in a research report on Saturday, March 28th. UBS Group boosted their target price on Dillard’s from $460.00 to $465.00 and gave the stock a “sell” rating in a research report on Wednesday, May 6th. Telsey Advisory Group lowered their price target on Dillard’s from $700.00 to $650.00 and set a “market perform” rating on the stock in a report on Wednesday, February 25th. JPMorgan Chase & Co. lowered their price target on Dillard’s from $524.00 to $449.00 and set an “underweight” rating on the stock in a report on Wednesday, February 25th. Finally, Zacks Research downgraded Dillard’s from a “strong-buy” rating to a “hold” rating in a report on Monday, February 23rd. Three investment analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus price target of $521.33.

Dillard’s Price Performance

NYSE DDS opened at $540.51 on Friday. Dillard’s, Inc. has a twelve month low of $386.85 and a twelve month high of $741.97. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.31 and a current ratio of 2.65. The stock has a market capitalization of $8.44 billion, a PE ratio of 12.85 and a beta of 1.17. The stock has a 50-day simple moving average of $580.45 and a 200 day simple moving average of $619.96.

Dillard’s (NYSE:DDS) last posted its quarterly earnings data on Thursday, May 14th. The company reported $16.04 earnings per share for the quarter, topping the consensus estimate of $10.13 by $5.91. Dillard’s had a return on equity of 31.89% and a net margin of 10.09%.The business had revenue of $1.59 billion during the quarter, compared to analysts’ expectations of $1.55 billion. During the same quarter in the previous year, the firm earned $10.39 EPS. The firm’s revenue was up 2.7% compared to the same quarter last year. Research analysts anticipate that Dillard’s, Inc. will post 32.52 EPS for the current year.

Dillard’s Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, May 4th. Shareholders of record on Tuesday, March 31st were issued a $0.30 dividend. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $1.20 annualized dividend and a yield of 0.2%. Dillard’s’s dividend payout ratio is 2.85%.

Dillard’s News Roundup

Here are the key news stories impacting Dillard’s this week:

• Positive Sentiment: Q1 earnings came in well above estimates at $16.04 per share versus about $10 expected, while revenue also topped forecasts, signaling better-than-anticipated profitability and demand. Dillard’s, Inc. Reports First Quarter Results
• Positive Sentiment: Comparable-store sales rose 3% and total retail sales increased 3%, showing improving traffic and stronger merchandise demand across all major categories. Dillard’s Q1 Earnings & Sales Beat Estimates, Retail Sales Up 3%
• Positive Sentiment: Gross margin improved to 45.8% and net income jumped to $250.6 million, helped by a favorable litigation settlement and better operating leverage. Dillard’s Shares Rise After Earnings Beat Fueled by Litigation Settlement (DDS)
• Neutral Sentiment: Management opened a new store in Ohio and raised inventory slightly, but also noted higher operating expenses, which could temper margin gains if costs stay elevated. Dillard’s, Inc. Reports First Quarter Results
• Negative Sentiment: Some analysts remain cautious, arguing the strength may be temporary because results were aided by one-time litigation gains and may not fully reflect underlying retail demand. Dillard’s: Strength Is Temporary

About Dillard’s

Dillard’s, Inc (NYSE:DDS), headquartered in Little Rock, Arkansas, is a U.S.-based department store chain founded by William T. Dillard in 1938. Over more than eight decades of operation, the company has grown from a single store in Nashville, Arkansas, to a prominent retailer with a national footprint. Dillard’s equity is publicly traded on the New York Stock Exchange under the ticker DDS.

The company operates approximately 280 departmental stores across 29 states, offering a broad assortment of merchandise that includes men’s and women’s apparel, accessories, cosmetics, footwear, and home furnishings.