B. Metzler seel. Sohn & Co. AG Trims Stake in DICK'S Sporting Goods, Inc. $DKS

Key Points

• B. Metzler seel. Sohn & Co. AG cut its stake in DICK'S Sporting Goods by 81.0% in Q4, selling 7,048 shares and leaving 1,655 shares valued at about $328,000.
• Major institutions aggressively increased positions—Bank of America (+588.1%), Wellington (+83.9%) and Vanguard (+17.8%)—leaving 89.83% of the stock held by hedge funds and other institutional investors.
• DICK'S modestly beat quarterly estimates (EPS $3.45 vs. $3.43; revenue $6.23B vs. $6.06B), set FY2026 guidance of 13.50–14.50 EPS, raised its quarterly dividend to $1.25 (annualized $5.00, ~2.2% yield), but insiders—most notably the chairman—have sold large blocks of shares.

B. Metzler seel. Sohn & Co. AG reduced its holdings in shares of DICK'S Sporting Goods, Inc. (NYSE:DKS - Free Report) by 81.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,655 shares of the sporting goods retailer's stock after selling 7,048 shares during the period. B. Metzler seel. Sohn & Co. AG's holdings in DICK'S Sporting Goods were worth $328,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in DKS. Bank of America Corp DE increased its holdings in DICK'S Sporting Goods by 588.1% during the third quarter. Bank of America Corp DE now owns 3,545,944 shares of the sporting goods retailer's stock valued at $787,980,000 after buying an additional 3,030,642 shares during the last quarter. Wellington Management Group LLP increased its holdings in DICK'S Sporting Goods by 83.9% during the third quarter. Wellington Management Group LLP now owns 6,606,860 shares of the sporting goods retailer's stock valued at $1,468,176,000 after buying an additional 3,013,850 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of DICK'S Sporting Goods by 17.8% in the third quarter. Vanguard Group Inc. now owns 6,719,011 shares of the sporting goods retailer's stock worth $1,493,099,000 after purchasing an additional 1,015,599 shares during the period. Atreides Management LP purchased a new stake in shares of DICK'S Sporting Goods in the second quarter worth $172,715,000. Finally, Hamlin Capital Management LLC purchased a new stake in shares of DICK'S Sporting Goods in the third quarter worth $157,537,000. 89.83% of the stock is owned by hedge funds and other institutional investors.

DICK'S Sporting Goods Stock Performance

Shares of NYSE DKS opened at $229.55 on Tuesday. The firm has a fifty day moving average price of $204.31 and a 200-day moving average price of $210.10. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.53 and a quick ratio of 0.47. The stock has a market cap of $20.44 billion, a PE ratio of 22.46, a price-to-earnings-growth ratio of 3.21 and a beta of 1.21. DICK'S Sporting Goods, Inc. has a 1 year low of $167.03 and a 1 year high of $237.31.

DICK'S Sporting Goods (NYSE:DKS - Get Free Report) last announced its quarterly earnings data on Thursday, March 12th. The sporting goods retailer reported $3.45 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.43 by $0.02. DICK'S Sporting Goods had a net margin of 4.93% and a return on equity of 27.12%. The firm had revenue of $6.23 billion during the quarter, compared to analysts' expectations of $6.06 billion. During the same period in the prior year, the company posted $3.62 earnings per share. The company's revenue for the quarter was up 59.9% compared to the same quarter last year. DICK'S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. Equities analysts anticipate that DICK'S Sporting Goods, Inc. will post 14.29 earnings per share for the current fiscal year.

DICK'S Sporting Goods Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 10th. Investors of record on Friday, March 27th were given a dividend of $1.25 per share. This is a positive change from DICK'S Sporting Goods's previous quarterly dividend of $1.21. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Friday, March 27th. DICK'S Sporting Goods's dividend payout ratio (DPR) is currently 48.92%.

Insiders Place Their Bets

In related news, 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 completion of the transaction, the executive vice president owned 24,757 shares in the company, valued at approximately $5,534,674.92. This represents a 14.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Chairman Edward W. Stack sold 210,478 shares of the company's stock in a transaction on 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 owned 6,549,026 shares of the company's stock, valued at approximately $1,294,676,949.94. This represents a 3.11% decrease in their position. The SEC filing for this sale provides additional information. 32.55% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

DKS has been the subject of a number of analyst reports. Weiss Ratings reissued a "hold (c+)" rating on shares of DICK'S Sporting Goods in a research note on Friday, March 27th. Wall Street Zen raised shares of DICK'S Sporting Goods from a "sell" rating to a "hold" rating in a research note on Sunday, January 25th. Wells Fargo & Company reduced their price objective on shares of DICK'S Sporting Goods from $225.00 to $200.00 and set an "equal weight" rating for the company in a research note on Friday, March 13th. Robert W. Baird set a $253.00 price objective on shares of DICK'S Sporting Goods in a research note on Wednesday, February 11th. Finally, Telsey Advisory Group reissued an "outperform" rating and issued a $245.00 price objective on shares of DICK'S Sporting Goods in a research note on Monday, March 9th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, DICK'S Sporting Goods presently has an average rating of "Moderate Buy" and a consensus target price of $241.89.

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.

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