DICK’S Sporting Goods, Inc. $DKS Shares Bought by Yousif Capital Management LLC

Yousif Capital Management LLC lifted its stake in DICK’S Sporting Goods, Inc. (NYSE:DKS) by 12.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,452 shares of the sporting goods retailer’s stock after buying an additional 2,501 shares during the period. Yousif Capital Management LLC’s holdings in DICK’S Sporting Goods were worth $4,989,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of DKS. Atlantic Union Bankshares Corp acquired a new position in DICK’S Sporting Goods during the 2nd quarter worth approximately $40,000. Ancora Advisors LLC raised its stake in shares of DICK’S Sporting Goods by 85.4% during the first quarter. Ancora Advisors LLC now owns 228 shares of the sporting goods retailer’s stock valued at $46,000 after purchasing an additional 105 shares during the period. First Horizon Advisors Inc. lifted its position in shares of DICK’S Sporting Goods by 389.4% during the second quarter. First Horizon Advisors Inc. now owns 230 shares of the sporting goods retailer’s stock worth $45,000 after purchasing an additional 183 shares in the last quarter. Private Trust Co. NA boosted its stake in shares of DICK’S Sporting Goods by 63.3% in the second quarter. Private Trust Co. NA now owns 307 shares of the sporting goods retailer’s stock valued at $61,000 after purchasing an additional 119 shares during the period. Finally, Hantz Financial Services Inc. boosted its stake in shares of DICK’S Sporting Goods by 875.6% in the second quarter. Hantz Financial Services Inc. now owns 400 shares of the sporting goods retailer’s stock valued at $79,000 after purchasing an additional 359 shares during the period. Institutional investors and hedge funds own 89.83% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on DKS. Cowen reaffirmed a “hold” rating on shares of DICK’S Sporting Goods in a research note on Wednesday, November 26th. Wells Fargo & Company lifted their target price on DICK’S Sporting Goods from $220.00 to $225.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 26th. Oppenheimer reiterated an “outperform” rating and issued a $270.00 price target on shares of DICK’S Sporting Goods in a research note on Friday, August 29th. Morgan Stanley raised their price objective on DICK’S Sporting Goods from $232.00 to $253.00 and gave the company an “overweight” rating in a research note on Friday, August 29th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of DICK’S Sporting Goods in a report on Tuesday. Eleven investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $235.10.

Insider Buying and Selling at DICK’S Sporting Goods

In other news, CEO Lauren R. Hobart sold 20,083 shares of the firm’s stock in a transaction dated Monday, September 29th. The shares were sold at an average price of $220.69, for a total value of $4,432,117.27. Following the transaction, the chief executive officer directly owned 299,990 shares in the company, valued at approximately $66,204,793.10. This trade represents a 6.27% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 32.55% of the company’s stock.

DICK’S Sporting Goods Stock Up 0.7%

NYSE:DKS opened at $209.36 on Thursday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.37 and a current ratio of 1.57. The company has a market capitalization of $18.84 billion, a price-to-earnings ratio of 16.84, a price-to-earnings-growth ratio of 3.26 and a beta of 1.17. DICK’S Sporting Goods, Inc. has a one year low of $166.37 and a one year high of $254.60. The stock has a 50-day simple moving average of $217.00 and a 200 day simple moving average of $214.20.

DICK’S Sporting Goods (NYSE:DKS) last announced its quarterly earnings data on Tuesday, November 25th. The sporting goods retailer reported $2.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.62 by $0.16. DICK’S Sporting Goods had a return on equity of 30.55% and a net margin of 6.86%.The firm had revenue of $4.17 billion for the quarter, compared to analysts’ expectations of $4.45 billion. During the same quarter in the prior year, the firm posted $2.75 earnings per share. DICK’S Sporting Goods’s revenue for the quarter was up 36.3% compared to the same quarter last year. DICK’S Sporting Goods has set its FY 2025 guidance at 14.250-14.550 EPS. Sell-side analysts predict that DICK’S Sporting Goods, Inc. will post 13.89 EPS for the current fiscal year.

DICK’S Sporting Goods Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 26th. Shareholders of record on Friday, December 12th will be paid a dividend of $1.2125 per share. The ex-dividend date is Friday, December 12th. This represents a $4.85 annualized dividend and a yield of 2.3%. DICK’S Sporting Goods’s payout ratio is presently 39.02%.

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.