DICK’S Sporting Goods, Inc. $DKS Shares Purchased by Hamlin Capital Management LLC

Hamlin Capital Management LLC increased its position in shares of DICK’S Sporting Goods, Inc. (NYSE:DKS) by 7.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 760,093 shares of the sporting goods retailer’s stock after buying an additional 51,169 shares during the period. DICK’S Sporting Goods accounts for 3.6% of Hamlin Capital Management LLC’s holdings, making the stock its 18th biggest position. Hamlin Capital Management LLC owned about 0.84% of DICK’S Sporting Goods worth $150,476,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in DKS. Clearstead Advisors LLC boosted its stake in shares of DICK’S Sporting Goods by 46.9% during the 3rd quarter. Clearstead Advisors LLC now owns 144 shares of the sporting goods retailer’s stock worth $32,000 after acquiring an additional 46 shares in the last quarter. Root Financial Partners LLC acquired a new stake in shares of DICK’S Sporting Goods during the 3rd quarter valued at about $33,000. Westside Investment Management Inc. increased its stake in shares of DICK’S Sporting Goods by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 152 shares of the sporting goods retailer’s stock valued at $35,000 after purchasing an additional 76 shares in the last quarter. Mather Group LLC. acquired a new position in DICK’S Sporting Goods in the 3rd quarter worth about $39,000. Finally, Cornerstone Planning Group LLC raised its holdings in DICK’S Sporting Goods by 7,000.0% in the 3rd quarter. Cornerstone Planning Group LLC now owns 213 shares of the sporting goods retailer’s stock worth $47,000 after purchasing an additional 210 shares during the period. Institutional investors and hedge funds own 89.83% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have commented on DKS shares. Weiss Ratings reissued a “hold (c+)” rating on shares of DICK’S Sporting Goods in a report on Monday, December 29th. UBS Group reaffirmed a “buy” rating on shares of DICK’S Sporting Goods in a research note on Tuesday, March 3rd. Barclays increased their target price on DICK’S Sporting Goods from $242.00 to $264.00 and gave the company an “overweight” rating in a research report on Friday, March 13th. Wells Fargo & Company dropped their price target on shares of DICK’S Sporting Goods from $225.00 to $200.00 and set an “equal weight” rating on the stock in a research note on Friday, March 13th. Finally, DA Davidson set a $260.00 price objective on shares of DICK’S Sporting Goods in a research report on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $236.21.

DICK’S Sporting Goods Stock Performance

NYSE:DKS opened at $190.11 on Friday. The company has a market cap of $17.10 billion, a P/E ratio of 18.60, a P/E/G ratio of 2.71 and a beta of 1.23. DICK’S Sporting Goods, Inc. has a twelve month low of $166.37 and a twelve month high of $237.31. The company’s 50-day moving average price is $203.66 and its 200-day moving average price is $213.25. The company has a current ratio of 1.53, a quick ratio of 0.47 and a debt-to-equity ratio of 0.34.

DICK’S Sporting Goods (NYSE:DKS) last announced its quarterly earnings data on Thursday, March 12th. The sporting goods retailer reported $3.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.43 by $0.02. DICK’S Sporting Goods had a net margin of 4.93% and a return on equity of 27.12%. The company had revenue of $6.23 billion during the quarter, compared to analysts’ expectations of $6.06 billion. During the same quarter in the prior year, the company earned $3.62 EPS. DICK’S Sporting Goods’s revenue was up 59.9% 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 forecast that DICK’S Sporting Goods, Inc. will post 13.89 earnings per share for the current fiscal year.

DICK’S Sporting Goods Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 10th. Investors of record on Friday, March 27th will be issued a $1.25 dividend. This is a boost from DICK’S Sporting Goods’s previous quarterly dividend of $1.21. This represents a $5.00 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Friday, March 27th. DICK’S Sporting Goods’s payout ratio is 47.46%.

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.