DICK’S Sporting Goods, Inc. $DKS Shares Acquired by Fjarde AP Fonden Fourth Swedish National Pension Fund

Fjarde AP Fonden Fourth Swedish National Pension Fund increased its stake in shares of DICK’S Sporting Goods, Inc. (NYSE:DKS) by 60.3% during the 1st quarter, HoldingsChannel.com reports. The fund owned 29,650 shares of the sporting goods retailer’s stock after purchasing an additional 11,150 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in DICK’S Sporting Goods were worth $5,879,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Angelo Gordon & CO. L.P. purchased a new stake in DICK’S Sporting Goods during the 3rd quarter worth approximately $8,640,000. Broad Peak Investment Advisers Pte Ltd grew its holdings in DICK’S Sporting Goods by 42.4% during the 4th quarter. Broad Peak Investment Advisers Pte Ltd now owns 37,804 shares of the sporting goods retailer’s stock worth $7,484,000 after acquiring an additional 11,250 shares in the last quarter. SG Americas Securities LLC raised its stake in shares of DICK’S Sporting Goods by 1,122.1% in the 4th quarter. SG Americas Securities LLC now owns 80,351 shares of the sporting goods retailer’s stock valued at $15,907,000 after purchasing an additional 73,776 shares in the last quarter. Financial Synergies Wealth Advisors Inc. bought a new position in shares of DICK’S Sporting Goods during the fourth quarter worth about $1,446,000. Finally, Principal Financial Group Inc. grew its stake in DICK’S Sporting Goods by 56.3% in the fourth quarter. Principal Financial Group Inc. now owns 503,077 shares of the sporting goods retailer’s stock worth $99,597,000 after purchasing an additional 181,223 shares in the last quarter. Institutional investors and hedge funds own 89.83% of the company’s stock.

Insider Buying and Selling

In other DICK’S Sporting Goods news, EVP Julie Lodge-Jarrett sold 4,140 shares of DICK’S Sporting Goods 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 transaction, the executive vice president owned 24,757 shares of the company’s stock, valued at $5,534,674.92. The trade was a 14.33% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 28.91% of the company’s stock.

DICK’S Sporting Goods Stock Up 0.0%

DKS stock opened at $236.19 on Monday. The company’s 50 day simple moving average is $224.72 and its 200-day simple moving average is $211.98. DICK’S Sporting Goods, Inc. has a 52-week low of $186.67 and a 52-week high of $244.38. 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 capitalization of $21.14 billion, a P/E ratio of 22.45, a P/E/G ratio of 2.06 and a beta of 1.19.

DICK’S Sporting Goods (NYSE:DKS) last posted its quarterly earnings data on Wednesday, May 27th. The sporting goods retailer reported $2.90 earnings per share for the quarter, missing the consensus estimate of $2.91 by ($0.01). DICK’S Sporting Goods had a return on equity of 22.22% and a net margin of 4.71%.The firm had revenue of $5.16 billion for the quarter, compared to analysts’ expectations of $5.07 billion. During the same quarter in the previous year, the firm posted $3.37 earnings per share. The company’s revenue for the quarter was up 62.7% on a year-over-year basis. DICK’S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. As a group, equities research analysts anticipate that DICK’S Sporting Goods, Inc. will post 14.24 EPS for the current year.

DICK’S Sporting Goods Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Friday, June 12th were paid a $1.25 dividend. This represents a $5.00 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend was Friday, June 12th. DICK’S Sporting Goods’s dividend payout ratio is currently 47.53%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on DKS shares. Robert W. Baird set a $264.00 price target on DICK’S Sporting Goods in a report on Thursday, May 28th. Jefferies Financial Group boosted 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 report on Wednesday, May 27th. Weiss Ratings cut DICK’S Sporting Goods from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, June 5th. BTIG Research reaffirmed a “buy” rating and set a $300.00 target price on shares of DICK’S Sporting Goods in a research note on Thursday, May 28th. Finally, DA Davidson reissued a “buy” rating and issued a $260.00 price target on shares of DICK’S Sporting Goods in a research note on Wednesday, July 1st. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $254.71.

About DICK’S Sporting Goods

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.