38,880 Shares in DICK’S Sporting Goods, Inc. $DKS Purchased by Angelo Gordon & CO. L.P.

Angelo Gordon & CO. L.P. acquired a new position in shares of DICK’S Sporting Goods, Inc. (NYSE:DKS) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 38,880 shares of the sporting goods retailer’s stock, valued at approximately $8,640,000. DICK’S Sporting Goods makes up approximately 1.1% of Angelo Gordon & CO. L.P.’s holdings, making the stock its 25th largest position.

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

Key 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 Price Performance

Shares of NYSE:DKS opened at $192.60 on Friday. The firm has a market cap of $17.33 billion, a PE ratio of 18.85, a price-to-earnings-growth ratio of 2.70 and a beta of 1.23. The firm’s fifty day moving average is $205.97 and its 200-day moving average is $214.12. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.37 and a current ratio of 1.57. DICK’S Sporting Goods, Inc. has a 52 week low of $166.37 and a 52 week high of $237.31.

DICK’S Sporting Goods (NYSE:DKS) last posted its quarterly earnings data on Thursday, March 12th. The sporting goods retailer reported $3.45 earnings per share for the quarter, beating analysts’ consensus estimates of $3.43 by $0.02. The business had revenue of $6.23 billion during the quarter, compared to the consensus estimate of $6.06 billion. DICK’S Sporting Goods had a return on equity of 29.78% and a net margin of 4.93%.DICK’S Sporting Goods’s quarterly revenue was up 59.9% on a year-over-year basis. During the same period in the prior year, the business posted $3.62 earnings per share. DICK’S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. Sell-side analysts predict that DICK’S Sporting Goods, Inc. will post 13.89 earnings per share for the current year.

DICK’S Sporting Goods Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 10th. Stockholders of record on Friday, March 27th will be paid a $1.25 dividend. The ex-dividend date of this dividend is Friday, March 27th. This is a positive change 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%. DICK’S Sporting Goods’s payout ratio is currently 47.46%.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Telsey Advisory Group restated an “outperform” rating and set a $245.00 price objective on shares of DICK’S Sporting Goods in a research report on Monday, March 9th. Barclays raised their target price on DICK’S Sporting Goods from $242.00 to $264.00 and gave the company an “overweight” rating in a report on Friday. Weiss Ratings reissued a “hold (c+)” rating on shares of DICK’S Sporting Goods in a report on Monday, December 29th. Robert W. Baird set a $253.00 price objective on DICK’S Sporting Goods in a research report on Wednesday, February 11th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and issued a $210.00 price objective on shares of DICK’S Sporting Goods in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, DICK’S Sporting Goods currently has a consensus rating of “Moderate Buy” and a consensus price target of $236.21.

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.