Quantinno Capital Management LP Decreases Position in DICK’S Sporting Goods, Inc. $DKS

Quantinno Capital Management LP decreased its holdings in DICK’S Sporting Goods, Inc. (NYSE:DKS) by 10.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 41,693 shares of the sporting goods retailer’s stock after selling 4,633 shares during the period. Quantinno Capital Management LP’s holdings in DICK’S Sporting Goods were worth $8,267,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Migdal Insurance & Financial Holdings Ltd. purchased a new position in DICK’S Sporting Goods in the fourth quarter valued at $30,000. Harbor Investment Advisory LLC purchased a new stake in DICK’S Sporting Goods during the 1st quarter worth about $30,000. Laurel Wealth Advisors LLC acquired a new stake in DICK’S Sporting Goods in the 4th quarter valued at about $34,000. Elyxium Wealth LLC purchased a new position in shares of DICK’S Sporting Goods in the 4th quarter valued at about $35,000. Finally, SHP Wealth Management purchased a new position in shares of DICK’S Sporting Goods in the 4th quarter valued at about $38,000. Hedge funds and other institutional investors own 89.83% of the company’s stock.

DICK’S Sporting Goods Trading Down 0.3%

NYSE DKS opened at $200.12 on Wednesday. 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’s fifty day moving average price is $219.51 and its 200 day moving average price is $212.30. The company has a market capitalization of $17.91 billion, a price-to-earnings ratio of 19.02, a price-to-earnings-growth ratio of 1.75 and a beta of 1.21. DICK’S Sporting Goods, Inc. has a 12 month low of $186.67 and a 12 month high of $244.38.

DICK’S Sporting Goods (NYSE:DKS) last announced its earnings results on Wednesday, May 27th. The sporting goods retailer reported $2.90 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 previous year, the firm earned $3.37 earnings per share. The business’s revenue 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. On average, sell-side analysts expect that DICK’S Sporting Goods, Inc. will post 14.24 earnings per share for the current fiscal 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 issued a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend was Friday, June 12th. DICK’S Sporting Goods’s dividend payout ratio is currently 47.53%.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Morgan Stanley upped their target price on shares of DICK’S Sporting Goods from $250.00 to $270.00 and gave the stock an “overweight” rating in a research note on Thursday, May 28th. Truist Financial boosted their price target on shares of DICK’S Sporting Goods from $252.00 to $270.00 and gave the stock a “buy” rating in a report on Wednesday, May 27th. Wells Fargo & Company reissued a “positive” rating on shares of DICK’S Sporting Goods in a research report on Thursday, May 28th. Telsey Advisory Group raised their price objective on shares of DICK’S Sporting Goods from $240.00 to $255.00 and gave the company an “outperform” rating in a report on Wednesday, May 20th. Finally, JPMorgan Chase & Co. raised shares of DICK’S Sporting Goods from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $240.00 to $270.00 in a research report on Thursday, May 28th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $257.19.

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.