Broad Peak Investment Advisers Pte Ltd Increases Stock Position in DICK'S Sporting Goods, Inc. $DKS

Key Points

• Broad Peak Investment Advisers raised its stake in DICK'S by 42.4% in Q4 to 37,804 shares worth $7.484 million, making the position the firm's 16th-largest (≈1.3% of holdings).
• Chairman Edward W. Stack sold 210,478 shares for about $41.6 million and EVP Julie Lodge‑Jarrett sold 4,140 shares, with corporate insiders now owning 32.55% of the company.
• DICK'S slightly beat Q4 EPS expectations ($3.45 vs. $3.43) with revenue up 59.9% YoY, set FY2026 EPS guidance of 13.50–14.50, and raised its quarterly dividend to $1.25 (annual yield ~2.2%).

Broad Peak Investment Advisers Pte Ltd raised its holdings in DICK'S Sporting Goods, Inc. (NYSE:DKS - Free Report) by 42.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 37,804 shares of the sporting goods retailer's stock after purchasing an additional 11,250 shares during the quarter. DICK'S Sporting Goods accounts for about 1.3% of Broad Peak Investment Advisers Pte Ltd's holdings, making the stock its 16th biggest position. Broad Peak Investment Advisers Pte Ltd's holdings in DICK'S Sporting Goods were worth $7,484,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the business. Lebenthal Global Advisors LLC boosted its holdings in DICK'S Sporting Goods by 6.5% in the 4th quarter. Lebenthal Global Advisors LLC now owns 6,035 shares of the sporting goods retailer's stock valued at $1,195,000 after purchasing an additional 370 shares in the last quarter. Kerusso Capital Management LLC lifted its position in shares of DICK'S Sporting Goods by 25.0% during the 4th quarter. Kerusso Capital Management LLC now owns 19,714 shares of the sporting goods retailer's stock valued at $3,903,000 after acquiring an additional 3,941 shares during the period. Sage Private Wealth Group LLC lifted its position in shares of DICK'S Sporting Goods by 5.6% during the 4th quarter. Sage Private Wealth Group LLC now owns 1,801 shares of the sporting goods retailer's stock valued at $357,000 after acquiring an additional 95 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lifted its position in shares of DICK'S Sporting Goods by 9.6% during the 4th quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 155,706 shares of the sporting goods retailer's stock valued at $32,046,000 after acquiring an additional 13,678 shares during the period. Finally, Confluence Wealth Services Inc. lifted its position in shares of DICK'S Sporting Goods by 2.0% during the 4th quarter. Confluence Wealth Services Inc. now owns 11,200 shares of the sporting goods retailer's stock valued at $2,217,000 after acquiring an additional 215 shares during the period. Hedge funds and other institutional investors own 89.83% of the company's stock.

Insiders Place Their Bets

In related news, Chairman Edward W. Stack sold 210,478 shares of the company's stock in a transaction on Tuesday, March 31st. The shares were sold at an average price of $197.69, for a total transaction of $41,609,395.82. Following the completion of the sale, the chairman directly 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Julie Lodge-Jarrett sold 4,140 shares of the company's stock in a transaction 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 sale, the executive vice president directly owned 24,757 shares of the company's stock, valued at approximately $5,534,674.92. This trade represents a 14.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 32.55% of the stock is currently owned by corporate insiders.

DICK'S Sporting Goods Stock Up 0.6%

Shares of NYSE DKS opened at $225.90 on Friday. DICK'S Sporting Goods, Inc. has a 52-week low of $167.03 and a 52-week high of $237.31. The firm has a fifty day moving average of $203.75 and a 200-day moving average of $210.27. The stock has a market capitalization of $20.12 billion, a PE ratio of 22.10, a P/E/G ratio of 3.19 and a beta of 1.21. The company has a quick ratio of 0.47, a current ratio of 1.53 and a debt-to-equity ratio of 0.34.

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, beating the consensus estimate 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 company had revenue of $6.23 billion during the quarter, compared to analysts' expectations of $6.06 billion. During the same period in the previous year, the company earned $3.62 EPS. The business's quarterly revenue 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. On average, analysts anticipate that DICK'S Sporting Goods, Inc. will post 14.29 EPS for the current year.

DICK'S Sporting Goods Increases Dividend

The firm also recently declared 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. The ex-dividend date of this dividend was Friday, March 27th. This represents a $5.00 dividend on an annualized basis and a yield of 2.2%. DICK'S Sporting Goods's dividend payout ratio is currently 48.92%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Weiss Ratings reiterated a "hold (c+)" rating on shares of DICK'S Sporting Goods in a research report on Friday, March 27th. Telsey Advisory Group reiterated an "outperform" rating and set a $245.00 price target on shares of DICK'S Sporting Goods in a research report on Monday, March 9th. BTIG Research assumed coverage on shares of DICK'S Sporting Goods in a research report on Thursday, April 16th. They set a "buy" rating and a $300.00 price target for the company. Robert W. Baird set a $253.00 price target on shares of DICK'S Sporting Goods in a research report on Wednesday, February 11th. Finally, Wall Street Zen upgraded DICK'S Sporting Goods from a "sell" rating to a "hold" rating in a research report on Sunday, January 25th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $241.89.

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.

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