DICK’S Sporting Goods, Inc. $DKS Shares Bought by Atalanta Sosnoff Capital LLC

Atalanta Sosnoff Capital LLC lifted its position in shares of DICK’S Sporting Goods, Inc. (NYSE:DKS) by 51.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 82,788 shares of the sporting goods retailer’s stock after acquiring an additional 28,285 shares during the period. Atalanta Sosnoff Capital LLC’s holdings in DICK’S Sporting Goods were worth $16,390,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in DKS. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in DICK’S Sporting Goods in the fourth quarter worth $30,000. Clearstead Advisors LLC grew its stake in shares of DICK’S Sporting Goods by 46.9% in 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 in the last quarter. Laurel Wealth Advisors LLC bought a new position in shares of DICK’S Sporting Goods in the fourth quarter worth $34,000. Elyxium Wealth LLC bought a new position in shares of DICK’S Sporting Goods in the fourth quarter worth $35,000. Finally, Newbridge Financial Services Group Inc. bought a new position in shares of DICK’S Sporting Goods in the fourth quarter worth $40,000. 89.83% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting DICK’S Sporting Goods

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

• Positive Sentiment: Zacks Research raised its Q4 2028 EPS estimate to $5.00 from $4.45, and also increased FY2028 and FY2029 earnings forecasts, signaling stronger expected profit growth ahead. DICK’S Sporting Goods stock page
• Positive Sentiment: New coverage highlights that DICK’S Sporting’s Q1 comparable sales rose 6%, driven by higher ticket sizes and customer traffic, which supports the case that it is gaining market share. Zacks article: DICK’S Sporting’s Q1 Comps Rise 6%
• Neutral Sentiment: Analysts also nudged several other quarterly estimates higher or lower, but the changes were relatively small overall and mostly reflect fine-tuning rather than a major shift in the outlook. DICK’S Sporting Goods stock page
• Negative Sentiment: Some near-term estimate cuts, including Q2 2027, Q3 2027, and FY2027, suggest analysts still see pockets of moderation in earnings momentum despite the longer-term optimism. DICK’S Sporting Goods stock page

Insider Activity

In other DICK’S Sporting Goods news, Chairman Edward W. Stack sold 210,478 shares of DICK’S Sporting Goods stock in a transaction dated 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 of the company’s stock, valued at approximately $1,294,676,949.94. The trade was a 3.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Julie Lodge-Jarrett sold 4,140 shares of the company’s stock in a transaction on Friday, April 17th. The shares were 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 in the company, valued at $5,534,674.92. This trade represents a 14.33% decrease in their position. The SEC filing for this sale provides additional information. 28.91% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on DKS. Weiss Ratings cut DICK’S Sporting Goods from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, June 5th. Wells Fargo & Company reissued a “positive” rating on shares of DICK’S Sporting Goods in a report on Thursday, May 28th. Robert W. Baird set a $264.00 price target on DICK’S Sporting Goods in a research note on Thursday, May 28th. DA Davidson restated a “buy” rating and set a $260.00 target price on shares of DICK’S Sporting Goods in a research report on Thursday, May 28th. Finally, UBS Group reaffirmed a “buy” rating on shares of DICK’S Sporting Goods in a research report on Tuesday, March 3rd. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $253.89.

DICK’S Sporting Goods Price Performance

DICK’S Sporting Goods stock opened at $220.73 on Friday. The stock’s fifty day moving average price is $218.79 and its two-hundred day moving average price is $210.17. DICK’S Sporting Goods, Inc. has a one year low of $170.73 and a one year high of $237.75. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.50 and a quick ratio of 0.38. The firm has a market cap of $19.76 billion, a PE ratio of 20.98, a price-to-earnings-growth ratio of 1.96 and a beta of 1.19.

DICK’S Sporting Goods (NYSE:DKS) last issued its earnings results on Wednesday, May 27th. The sporting goods retailer reported $2.90 earnings per share for the quarter, missing analysts’ consensus estimates of $2.91 by ($0.01). The business had revenue of $5.16 billion during the quarter, compared to analyst estimates of $5.07 billion. DICK’S Sporting Goods had a net margin of 4.71% and a return on equity of 22.22%. The company’s revenue for the quarter was up 62.7% compared to the same quarter last year. During the same period in the prior year, the business posted $3.37 EPS. DICK’S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. As a group, research analysts expect that DICK’S Sporting Goods, Inc. will post 14.23 EPS for the current fiscal year.

DICK’S Sporting Goods Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Friday, June 12th will be issued 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 yield of 2.3%. DICK’S Sporting Goods’s payout ratio is presently 47.53%.

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.