Allstate Corp Has $914,000 Holdings in DICK’S Sporting Goods, Inc. $DKS

Allstate Corp lifted its holdings in shares of DICK’S Sporting Goods, Inc. (NYSE:DKS) by 94.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,619 shares of the sporting goods retailer’s stock after purchasing an additional 2,245 shares during the period. Allstate Corp’s holdings in DICK’S Sporting Goods were worth $914,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of DKS. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of DICK’S Sporting Goods during the fourth quarter worth $30,000. Clearstead Advisors LLC lifted its holdings in shares of 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. Laurel Wealth Advisors LLC bought a new position in DICK’S Sporting Goods during the fourth quarter worth $34,000. Westside Investment Management Inc. raised its stake in DICK’S Sporting Goods by 100.0% during the third quarter. Westside Investment Management Inc. now owns 152 shares of the sporting goods retailer’s stock worth $35,000 after buying an additional 76 shares during the last quarter. Finally, Elyxium Wealth LLC bought a new position in DICK’S Sporting Goods during the fourth quarter worth $35,000. Institutional investors and hedge funds own 89.83% of the company’s stock.

DICK’S Sporting Goods Trading Up 0.6%

NYSE:DKS opened at $227.66 on Friday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.50 and a quick ratio of 0.47. The firm has a 50-day moving average of $213.66 and a 200-day moving average of $209.84. The company has a market cap of $20.27 billion, a PE ratio of 21.64, a PEG ratio of 3.24 and a beta of 1.21. DICK’S Sporting Goods, Inc. has a one year low of $170.73 and a one year high of $237.75.

DICK’S Sporting Goods (NYSE:DKS) last posted its earnings results on Wednesday, May 27th. The sporting goods retailer reported $2.90 EPS for the quarter, missing the consensus estimate of $2.91 by ($0.01). The business had revenue of $5.16 billion for the quarter, compared to the consensus estimate of $5.07 billion. DICK’S Sporting Goods had a return on equity of 23.41% and a net margin of 4.71%.The company’s revenue was up 62.7% on a year-over-year basis. During the same period in the previous year, the firm earned $3.37 earnings per share. DICK’S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. As a group, equities research analysts expect that DICK’S Sporting Goods, Inc. will post 14.24 EPS 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 2.2%. DICK’S Sporting Goods’s payout ratio is presently 48.92%.

Key Headlines Impacting DICK’S Sporting Goods

Here are the key news stories impacting DICK’S Sporting Goods this week:

• Positive Sentiment: JPMorgan upgraded DICK’S Sporting Goods to overweight and raised its price target to $270, citing confidence in the company’s strategy and growth outlook. Tickerreport.com
• Positive Sentiment: BTIG reiterated a buy rating and set a $300 price target, signaling continued optimism about DKS’s growth, cash flow and capital return potential. Benzinga
• Positive Sentiment: DA Davidson also reaffirmed a buy rating with a $260 target, adding to the bullish analyst sentiment around the stock. Benzinga
• Positive Sentiment: Company updates pointed to strong comparable sales growth, with core sales up 6% and Foot Locker’s Fast Break remodels reportedly delivering double-digit comps. Zacks
• Positive Sentiment: DICK’S reported its first positive sales at Foot Locker in nearly three years, suggesting the turnaround effort is beginning to work. Yahoo Finance
• Neutral Sentiment: The company announced a quarterly dividend of $1.25 per share, reinforcing shareholder returns but likely not the main driver of the stock move. Benzinga
• Negative Sentiment: Management trimmed its profit outlook, indicating margin pressure tied to the Foot Locker overhaul and integration costs. MSN
• Negative Sentiment: One note highlighted that the stock can still face near-term risk because the Foot Locker strategy may pressure margins before benefits fully show up. Yahoo Finance

Analyst Ratings Changes

A number of analysts have weighed in on DKS shares. Morgan Stanley increased their price target on DICK’S Sporting Goods from $250.00 to $270.00 and gave the stock an “overweight” rating in a report on Thursday. Weiss Ratings raised DICK’S Sporting Goods from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, May 7th. Robert W. Baird set a $264.00 price objective on DICK’S Sporting Goods in a research report on Thursday. UBS Group reissued a “buy” rating on shares of DICK’S Sporting Goods in a research report on Tuesday, March 3rd. Finally, BTIG Research reissued a “buy” rating and issued a $300.00 price objective on shares of DICK’S Sporting Goods in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $253.89.

Insider Activity

In other news, Chairman Edward W. Stack sold 210,478 shares of the business’s stock in a transaction dated Tuesday, March 31st. The shares were sold at an average price of $197.69, for a total transaction of $41,609,395.82. Following the completion of the sale, the chairman directly owned 6,549,026 shares of the company’s stock, valued at $1,294,676,949.94. The trade was a 3.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Julie Lodge-Jarrett sold 4,140 shares of the business’s stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $223.56, for a total transaction of $925,538.40. Following the sale, the executive vice president directly owned 24,757 shares of the company’s stock, valued at approximately $5,534,674.92. The trade was a 14.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 28.91% 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.