Fox Run Management L.L.C. Buys New Position in DICK’S Sporting Goods, Inc. $DKS

Fox Run Management L.L.C. bought a new stake in DICK’S Sporting Goods, Inc. (NYSE:DKS) during the 4th quarter, Holdings Channel.com reports. The firm bought 5,422 shares of the sporting goods retailer’s stock, valued at approximately $1,073,000.

Several other institutional investors have also added to or reduced their stakes in DKS. Bank of America Corp DE boosted its holdings in DICK’S Sporting Goods by 588.1% in the third quarter. Bank of America Corp DE now owns 3,545,944 shares of the sporting goods retailer’s stock valued at $787,980,000 after acquiring an additional 3,030,642 shares during the last quarter. Wellington Management Group LLP boosted its holdings in 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 valued at $1,468,176,000 after acquiring an additional 3,013,850 shares during the last quarter. Vanguard Group Inc. boosted its holdings in DICK’S Sporting Goods by 17.8% in the third quarter. Vanguard Group Inc. now owns 6,719,011 shares of the sporting goods retailer’s stock valued at $1,493,099,000 after acquiring an additional 1,015,599 shares during the last quarter. Norges Bank acquired a new position in DICK’S Sporting Goods in the fourth quarter valued at approximately $192,639,000. Finally, Atreides Management LP acquired a new position in DICK’S Sporting Goods in the second quarter valued at approximately $172,715,000. 89.83% of the stock is currently owned by institutional investors.

DICK’S Sporting Goods Trading Up 3.1%

Shares of DICK’S Sporting Goods stock opened at $220.00 on Wednesday. The stock has a fifty day simple moving average of $217.21 and a 200 day simple moving average of $209.90. DICK’S Sporting Goods, Inc. has a 12-month low of $170.73 and a 12-month high of $237.75. The company has a market capitalization of $19.59 billion, a P/E ratio of 20.91, a price-to-earnings-growth ratio of 1.86 and a beta of 1.19. The company has a current ratio of 1.50, a quick ratio of 0.38 and a debt-to-equity ratio of 0.34.

DICK’S Sporting Goods (NYSE:DKS) last announced its quarterly earnings results on Wednesday, May 27th. The sporting goods retailer reported $2.90 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.91 by ($0.01). DICK’S Sporting Goods had a return on equity of 23.41% and a net margin of 4.71%.The company had revenue of $5.16 billion for the quarter, compared to the consensus estimate of $5.07 billion. During the same quarter last year, the company posted $3.37 EPS. The company’s quarterly revenue 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. On average, sell-side analysts anticipate that DICK’S Sporting Goods, Inc. will post 14.24 earnings per share 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, June 26th. Stockholders of record on Friday, June 12th will be given a dividend of $1.25 per share. The ex-dividend date of this dividend is Friday, June 12th. This represents a $5.00 annualized dividend and a dividend yield of 2.3%. DICK’S Sporting Goods’s dividend payout ratio (DPR) is currently 47.53%.

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. Weiss Ratings lowered DICK’S Sporting Goods from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday. UBS Group reissued a “buy” rating on shares of DICK’S Sporting Goods in a research note on Tuesday, March 3rd. JPMorgan Chase & Co. raised DICK’S Sporting Goods from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $240.00 to $270.00 in a research note on Thursday, May 28th. Jefferies Financial Group boosted their price target 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. Finally, BTIG Research reissued a “buy” rating and issued a $300.00 price target on shares of DICK’S Sporting Goods in a research note on Thursday, May 28th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, DICK’S Sporting Goods presently has a consensus rating of “Moderate Buy” and a consensus price target of $253.89.

Insider Buying and Selling at DICK’S Sporting Goods

In other news, EVP Julie Lodge-Jarrett sold 4,140 shares of the firm’s stock in a transaction 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 directly owned 24,757 shares of the company’s stock, 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 SEC, which is available through the SEC website. Also, Chairman Edward W. Stack sold 210,478 shares of the firm’s stock in a transaction 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 directly owned 6,549,026 shares of the company’s stock, valued at approximately $1,294,676,949.94. This represents a 3.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 28.91% of the company’s stock.

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.