Bradley Foster & Sargent Inc. CT Takes $603,000 Position in DICK’S Sporting Goods, Inc. $DKS

Bradley Foster & Sargent Inc. CT bought a new stake in DICK’S Sporting Goods, Inc. (NYSE:DKS) in the 1st quarter, according to its most recent 13F filing with the SEC. The firm bought 3,041 shares of the sporting goods retailer’s stock, valued at approximately $603,000.

Several other large investors also recently made changes to their positions in the company. Senvest Management LLC raised its stake in DICK’S Sporting Goods by 49.9% during the 1st quarter. Senvest Management LLC now owns 423,451 shares of the sporting goods retailer’s stock worth $83,966,000 after buying an additional 141,036 shares during the period. Renaissance Technologies LLC bought a new position in DICK’S Sporting Goods in the first quarter worth approximately $13,472,000. Hilltop Holdings Inc. boosted its holdings in DICK’S Sporting Goods by 18.2% in the first quarter. Hilltop Holdings Inc. now owns 1,885 shares of the sporting goods retailer’s stock worth $374,000 after acquiring an additional 290 shares in the last quarter. Compound Planning Inc. grew its stake in DICK’S Sporting Goods by 9.4% in the first quarter. Compound Planning Inc. now owns 1,423 shares of the sporting goods retailer’s stock valued at $282,000 after acquiring an additional 122 shares during the period. Finally, Inceptionr LLC acquired a new stake in DICK’S Sporting Goods in the first quarter valued at approximately $1,217,000. 89.83% of the stock is currently owned by institutional investors and hedge funds.

DICK’S Sporting Goods Price Performance

Shares of NYSE:DKS opened at $205.69 on Tuesday. The company has a current ratio of 1.50, a quick ratio of 0.38 and a debt-to-equity ratio of 0.34. The stock has a market cap of $18.41 billion, a PE ratio of 19.55, a price-to-earnings-growth ratio of 1.80 and a beta of 1.19. The stock’s fifty day simple moving average is $222.23 and its two-hundred day simple moving average is $212.78. DICK’S Sporting Goods, Inc. has a 1-year low of $186.67 and a 1-year high of $244.38.

DICK’S Sporting Goods (NYSE:DKS) last posted its 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). The firm had revenue of $5.16 billion during the quarter, compared to the consensus estimate of $5.07 billion. DICK’S Sporting Goods had a return on equity of 22.22% and a net margin of 4.71%.The business’s revenue was up 62.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.37 EPS. DICK’S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. As a group, analysts forecast that DICK’S Sporting Goods, Inc. will post 14.24 EPS for the current fiscal year.

DICK’S Sporting Goods Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Friday, June 12th were given a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend was Friday, June 12th. DICK’S Sporting Goods’s dividend payout ratio is presently 47.53%.

Analyst Ratings Changes

A number of brokerages have recently weighed in on DKS. Robert W. Baird set a $264.00 target price on DICK’S Sporting Goods in a research report on Thursday, May 28th. Jefferies Financial Group lifted their price target on shares of DICK’S Sporting Goods from $210.00 to $224.00 and gave the company a “hold” rating in a research report on Wednesday, May 27th. Morgan Stanley boosted their price target on shares of DICK’S Sporting Goods from $250.00 to $270.00 and gave the company an “overweight” rating in a research note on Thursday, May 28th. Truist Financial upped their price objective on shares of DICK’S Sporting Goods from $252.00 to $270.00 and gave the stock a “buy” rating in a report on Wednesday, May 27th. Finally, Barclays raised their price objective on shares of DICK’S Sporting Goods from $264.00 to $280.00 and gave the company an “overweight” rating in a research note on Thursday, May 28th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, DICK’S Sporting Goods has an average rating of “Moderate Buy” and a consensus target price of $254.71.

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.