Interval Partners LP trimmed its holdings in DICK’S Sporting Goods, Inc. (NYSE:DKS – Free Report) by 36.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 85,651 shares of the sporting goods retailer’s stock after selling 50,087 shares during the period. Interval Partners LP’s holdings in DICK’S Sporting Goods were worth $19,033,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Wellington Management Group LLP increased its position in shares of DICK’S Sporting Goods by 83.9% in the third quarter. Wellington Management Group LLP now owns 6,606,860 shares of the sporting goods retailer’s stock worth $1,468,176,000 after purchasing an additional 3,013,850 shares during the last quarter. NorthRock Partners LLC bought a new stake in shares of DICK’S Sporting Goods during the 3rd quarter worth $246,000. Bank OZK grew its position in DICK’S Sporting Goods by 10.2% in the third quarter. Bank OZK now owns 11,862 shares of the sporting goods retailer’s stock worth $2,636,000 after acquiring an additional 1,100 shares in the last quarter. Comerica Bank grew its position in DICK’S Sporting Goods by 9.1% in the third quarter. Comerica Bank now owns 20,884 shares of the sporting goods retailer’s stock worth $4,641,000 after acquiring an additional 1,734 shares in the last quarter. Finally, Perbak Capital Partners LLP bought a new position in DICK’S Sporting Goods in the third quarter valued at $810,000. Institutional investors own 89.83% of the company’s stock.
DICK’S Sporting Goods Trading Down 2.5%
NYSE:DKS opened at $192.60 on Friday. The company has a 50-day moving average price of $205.97 and a 200-day moving average price of $214.21. The stock has a market cap of $17.33 billion, a price-to-earnings ratio of 18.85, a P/E/G ratio of 2.78 and a beta of 1.23. The company has a current ratio of 1.57, a quick ratio of 0.37 and a debt-to-equity ratio of 0.35. DICK’S Sporting Goods, Inc. has a 12 month low of $166.37 and a 12 month high of $237.31.
DICK’S Sporting Goods Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 10th. Investors of record on Friday, March 27th will be given a $1.25 dividend. This is a boost from DICK’S Sporting Goods’s previous quarterly dividend of $1.21. The ex-dividend date of this dividend is Friday, March 27th. This represents a $5.00 annualized dividend and a yield of 2.6%. DICK’S Sporting Goods’s payout ratio is currently 47.46%.
Wall Street Analyst Weigh In
DKS has been the topic of a number of research reports. Weiss Ratings restated a “hold (c+)” rating on shares of DICK’S Sporting Goods in a research report on Monday, December 29th. The Goldman Sachs Group reiterated a “buy” rating on shares of DICK’S Sporting Goods in a research report on Monday, January 5th. Robert W. Baird set a $253.00 target price on DICK’S Sporting Goods in a research report on Wednesday, February 11th. Telsey Advisory Group reissued an “outperform” rating and issued a $245.00 target price on shares of DICK’S Sporting Goods in a research note on Monday, March 9th. Finally, TD Cowen restated a “hold” rating on shares of DICK’S Sporting Goods in a research report on Wednesday, November 26th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $236.21.
More DICK’S Sporting Goods News
Here are the key news stories impacting DICK’S Sporting Goods this week:
- Positive Sentiment: Q4 results beat expectations: record consolidated revenue (~$6.23B) and solid comparable‑store strength; management highlighted sales momentum and progress on Foot Locker integration. Press Release
- Positive Sentiment: Barclays hiked its price target to $264 and moved DKS to “overweight,” signaling bullish analyst conviction that upside remains from the post‑earnings momentum. Benzinga
- Positive Sentiment: Board raised the quarterly dividend to $1.25 (≈3% increase; ~2.5% yield), and the company reiterated capital‑return priorities (buybacks remain a focus), which supports shareholder value over time.
- Positive Sentiment: Bullish commentary by MarketBeat argues for a late‑year inflection as integration costs fade, supporting a multi‑quarter recovery thesis. MarketBeat
- Neutral Sentiment: Morgan Stanley trimmed its target to $250 but kept an “overweight” view — a milder tweak that signals continued medium‑term support despite near‑term concerns. Benzinga
- Neutral Sentiment: Earnings call transcript and analyst writeups are available for deeper read; useful for tracking management detail on Foot Locker margins and timing of the expected profitability inflection. Earnings Call Transcript
- Neutral Sentiment: Brand/marketing initiative: the company’s Cookie Jar & A Dream Studios is premiering a documentary at SXSW — positive for brand but unlikely to move near‑term fundamentals. PR Newswire
- Negative Sentiment: Profit guidance and margin pressure: FY‑2026 adjusted EPS guidance ($13.50–$14.50) came in below some consensus/expectations and management flagged near‑term profitability drag from Foot Locker integration — a core reason for selling pressure. CNBC
- Negative Sentiment: Analyst downgrades/target cuts: Wells Fargo cut its target to $200 and moved to “equal weight,” reflecting skepticism on near‑term upside and weighing on sentiment. Benzinga
- Negative Sentiment: Profitability hit: reported GAAP profits fell materially (reported commentary noted a ~57% decline year‑over‑year), largely due to acquisition and integration costs for Foot Locker. CNBC
- Negative Sentiment: Unusual options flow: a spike in put buying signaled hedging or bearish positioning, which can amplify downward moves in the short term.
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.
Read More
- Five stocks we like better than DICK’S Sporting Goods
- A personal warning from Martin Weiss (Please read)
- Forget oil — this changes everything about American energy…
- $30 stock to buy before Starlink goes public (WATCH NOW!)
- This coin has everything going for it
- Only 500 people today…
Want to see what other hedge funds are holding DKS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DICK’S Sporting Goods, Inc. (NYSE:DKS – Free Report).
Receive News & Ratings for DICK'S Sporting Goods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DICK'S Sporting Goods and related companies with MarketBeat.com's FREE daily email newsletter.
