Tobam Has $54,000 Holdings in DICK’S Sporting Goods, Inc. $DKS

Tobam decreased its position in shares of DICK’S Sporting Goods, Inc. (NYSE:DKS) by 97.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 245 shares of the sporting goods retailer’s stock after selling 11,027 shares during the quarter. Tobam’s holdings in DICK’S Sporting Goods were worth $54,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Guggenheim Capital LLC lifted its holdings in shares of DICK’S Sporting Goods by 0.4% during the 2nd quarter. Guggenheim Capital LLC now owns 11,829 shares of the sporting goods retailer’s stock worth $2,340,000 after acquiring an additional 46 shares during the period. Stonegate Investment Group LLC raised its position in DICK’S Sporting Goods by 2.9% during the third quarter. Stonegate Investment Group LLC now owns 2,345 shares of the sporting goods retailer’s stock valued at $521,000 after purchasing an additional 67 shares in the last quarter. American National Bank & Trust lifted its stake in DICK’S Sporting Goods by 5.7% during the third quarter. American National Bank & Trust now owns 1,270 shares of the sporting goods retailer’s stock worth $282,000 after purchasing an additional 69 shares during the last quarter. PFG Private Wealth Management LLC lifted its stake in DICK’S Sporting Goods by 7.3% during the second quarter. PFG Private Wealth Management LLC now owns 1,115 shares of the sporting goods retailer’s stock worth $221,000 after purchasing an additional 76 shares during the last quarter. Finally, Private Trust Co. NA boosted its holdings in shares of DICK’S Sporting Goods by 24.8% in the 3rd quarter. Private Trust Co. NA now owns 383 shares of the sporting goods retailer’s stock valued at $85,000 after purchasing an additional 76 shares in the last quarter. 89.83% of the stock is owned by institutional investors.

DICK’S Sporting Goods Price Performance

DKS stock opened at $201.61 on Tuesday. The company has a market capitalization of $18.14 billion, a P/E ratio of 16.22, a PEG ratio of 2.74 and a beta of 1.23. The company has a fifty day moving average price of $208.18 and a 200-day moving average price of $216.37. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.37 and a current ratio of 1.57. DICK’S Sporting Goods, Inc. has a 52-week low of $166.37 and a 52-week high of $244.25.

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

DICK’S Sporting Goods Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Friday, December 12th were given a dividend of $1.2125 per share. This represents a $4.85 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date was Friday, December 12th. DICK’S Sporting Goods’s dividend payout ratio (DPR) is 39.02%.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Robert W. Baird set a $253.00 price objective on DICK’S Sporting Goods in a research report on Wednesday, February 11th. Weiss Ratings restated a “hold (c+)” rating on shares of DICK’S Sporting Goods in a research note on Monday, December 29th. DA Davidson set a $260.00 price objective on shares of DICK’S Sporting Goods in a research note on Monday, January 12th. Wells Fargo & Company boosted their target price on shares of DICK’S Sporting Goods from $220.00 to $225.00 and gave the stock an “equal weight” rating in a research note on Wednesday, November 26th. Finally, Wall Street Zen upgraded DICK’S Sporting Goods from a “sell” rating to a “hold” rating in a research note on Sunday, January 25th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, DICK’S Sporting Goods has an average rating of “Moderate Buy” and a consensus price target of $238.37.

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.