Leonteq Securities AG Acquires 4,780 Shares of DICK’S Sporting Goods, Inc. $DKS

Leonteq Securities AG raised its holdings in DICK’S Sporting Goods, Inc. (NYSE:DKS) by 1,291.9% in the 1st quarter, HoldingsChannel reports. The fund owned 5,150 shares of the sporting goods retailer’s stock after acquiring an additional 4,780 shares during the period. Leonteq Securities AG’s holdings in DICK’S Sporting Goods were worth $1,021,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of DKS. Brown Advisory Inc. increased its holdings in DICK’S Sporting Goods by 9.6% in the second quarter. Brown Advisory Inc. now owns 1,143 shares of the sporting goods retailer’s stock valued at $226,000 after purchasing an additional 100 shares during the period. Cerity Partners LLC raised its position in DICK’S Sporting Goods by 54.1% during the 2nd quarter. Cerity Partners LLC now owns 1,600 shares of the sporting goods retailer’s stock worth $316,000 after purchasing an additional 562 shares during the last quarter. Bank of Nova Scotia acquired a new position in DICK’S Sporting Goods during the 2nd quarter worth about $417,000. Daiwa Securities Group Inc. lifted its holdings in DICK’S Sporting Goods by 9.8% during the 2nd quarter. Daiwa Securities Group Inc. now owns 5,974 shares of the sporting goods retailer’s stock worth $1,182,000 after buying an additional 531 shares during the period. Finally, NewEdge Advisors LLC grew its position in shares of DICK’S Sporting Goods by 4.4% in the 2nd quarter. NewEdge Advisors LLC now owns 2,951 shares of the sporting goods retailer’s stock valued at $584,000 after buying an additional 124 shares during the last quarter. Institutional investors own 89.83% of the company’s stock.

DICK’S Sporting Goods Stock Performance

Shares of DICK’S Sporting Goods stock opened at $236.19 on Friday. 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 business has a 50-day moving average price of $224.72 and a two-hundred day moving average price of $211.98. DICK’S Sporting Goods, Inc. has a 1-year low of $186.67 and a 1-year high of $244.38. The company has a market cap of $21.14 billion, a P/E ratio of 22.45, a PEG ratio of 2.06 and a beta of 1.19.

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

DICK’S Sporting Goods Dividend Announcement

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

Insider Transactions at DICK’S Sporting Goods

In other DICK’S Sporting Goods news, EVP Julie Lodge-Jarrett sold 4,140 shares of the stock in a transaction that occurred on 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 directly owned 24,757 shares in the company, valued at approximately $5,534,674.92. This represents a 14.33% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 28.91% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on DKS shares. BTIG Research reissued a “buy” rating and issued a $300.00 price target on shares of DICK’S Sporting Goods in a research note on Thursday, May 28th. Barclays lifted their price objective on DICK’S Sporting Goods from $264.00 to $280.00 and gave the stock an “overweight” rating in a research note on Thursday, May 28th. Jefferies Financial Group upped their target price on DICK’S Sporting Goods from $210.00 to $224.00 and gave the company a “hold” rating in a report on Wednesday, May 27th. Truist Financial increased their target price on shares of DICK’S Sporting Goods from $252.00 to $270.00 and gave the company a “buy” rating in a research report on Wednesday, May 27th. Finally, Morgan Stanley raised their price target on shares of DICK’S Sporting Goods from $250.00 to $270.00 and gave the stock an “overweight” rating in a report on Thursday, May 28th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company 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.