DICK’S Sporting Goods, Inc. $DKS Shares Sold by Beaumont Financial Advisors LLC

Beaumont Financial Advisors LLC decreased its holdings in DICK’S Sporting Goods, Inc. (NYSE:DKS) by 4.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 78,629 shares of the sporting goods retailer’s stock after selling 3,857 shares during the quarter. DICK’S Sporting Goods makes up approximately 1.0% of Beaumont Financial Advisors LLC’s holdings, making the stock its 29th largest holding. Beaumont Financial Advisors LLC owned 0.09% of DICK’S Sporting Goods worth $15,566,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Clearstead Advisors LLC raised its stake in DICK’S Sporting Goods by 46.9% during the third quarter. Clearstead Advisors LLC now owns 144 shares of the sporting goods retailer’s stock worth $32,000 after purchasing an additional 46 shares during the period. Root Financial Partners LLC purchased a new stake in shares of DICK’S Sporting Goods during the 3rd quarter valued at $33,000. Westside Investment Management Inc. grew its stake in shares of DICK’S Sporting Goods by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 152 shares of the sporting goods retailer’s stock valued at $35,000 after buying an additional 76 shares during the period. Mather Group LLC. acquired a new stake in shares of DICK’S Sporting Goods during the 3rd quarter worth $39,000. Finally, Cornerstone Planning Group LLC increased its holdings in shares of DICK’S Sporting Goods by 7,000.0% during the 3rd quarter. Cornerstone Planning Group LLC now owns 213 shares of the sporting goods retailer’s stock worth $47,000 after buying an additional 210 shares during the last quarter. 89.83% of the stock is currently owned by hedge funds and other institutional investors.

DICK’S Sporting Goods Price Performance

DKS stock opened at $191.67 on Friday. The firm has a market cap of $17.24 billion, a P/E ratio of 18.75, a price-to-earnings-growth ratio of 2.73 and a beta of 1.21. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.47 and a current ratio of 1.53. DICK’S Sporting Goods, Inc. has a 1 year low of $166.37 and a 1 year high of $237.31. The stock has a 50-day simple moving average of $200.15 and a 200-day simple moving average of $211.49.

DICK’S Sporting Goods (NYSE:DKS) last released its quarterly earnings results on Thursday, March 12th. The sporting goods retailer reported $3.45 EPS for the quarter, topping the consensus estimate of $3.43 by $0.02. The firm had revenue of $6.23 billion for the quarter, compared to analyst estimates of $6.06 billion. DICK’S Sporting Goods had a return on equity of 27.12% and a net margin of 4.93%.DICK’S Sporting Goods’s revenue for the quarter was up 59.9% on a year-over-year basis. During the same period in the previous year, the company posted $3.62 EPS. DICK’S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. On average, equities analysts predict 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 company also recently disclosed 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 an increase from DICK’S Sporting Goods’s previous quarterly dividend of $1.21. This represents a $5.00 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Friday, March 27th. DICK’S Sporting Goods’s dividend payout ratio is presently 48.92%.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. Truist Financial reduced their target price on DICK’S Sporting Goods from $275.00 to $252.00 and set a “buy” rating on the stock in a report on Thursday, March 12th. Robert W. Baird set a $253.00 price objective on DICK’S Sporting Goods in a report on Wednesday, February 11th. Morgan Stanley reduced their price objective on DICK’S Sporting Goods from $260.00 to $250.00 and set an “overweight” rating on the stock in a research note on Friday, March 13th. UBS Group reiterated a “buy” rating on shares of DICK’S Sporting Goods in a report on Tuesday, March 3rd. Finally, DA Davidson set a $260.00 target price on shares of DICK’S Sporting Goods in a research report on Monday, January 12th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, eight 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 a consensus rating of “Moderate Buy” and an average target price of $236.21.

Insider Activity

In related news, Chairman Edward W. Stack sold 210,478 shares of the firm’s stock in a transaction on Tuesday, March 31st. The stock was sold at an average price of $197.69, for a total transaction of $41,609,395.82. Following the transaction, the chairman directly owned 6,549,026 shares in the company, valued at $1,294,676,949.94. This trade represents a 3.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 32.55% of the company’s stock.

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.