Copeland Capital Management LLC Reduces Position in DICK'S Sporting Goods, Inc. $DKS

Key Points

• Copeland Capital Management trimmed its stake in DICK'S Sporting Goods by 5.3% in Q4, selling 7,498 shares and ending the period with 134,541 shares valued at about $26.64 million.
• DICK'S reported Q results with EPS of $3.45 beating estimates, revenue of $6.23 billion (up 59.9% YoY) and set FY2026 guidance of 13.50–14.50 EPS, near analysts' consensus of 14.29.
• Insider selling included Chairman Edward W. Stack offloading 210,478 shares (≈$41.6M) and an EVP selling 4,140 shares, while the company raised its quarterly dividend to $1.25 ($5.00 annual, ~2.2% yield) and insiders still own 32.55% of shares.

Copeland Capital Management LLC lessened its stake in shares of DICK'S Sporting Goods, Inc. (NYSE:DKS - Free Report) by 5.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 134,541 shares of the sporting goods retailer's stock after selling 7,498 shares during the period. Copeland Capital Management LLC owned approximately 0.15% of DICK'S Sporting Goods worth $26,635,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of DKS. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in DICK'S Sporting Goods during the 4th quarter worth approximately $30,000. Clearstead Advisors LLC grew its position in DICK'S Sporting Goods by 46.9% during the 3rd quarter. Clearstead Advisors LLC now owns 144 shares of the sporting goods retailer's stock worth $32,000 after purchasing an additional 46 shares during the last quarter. Root Financial Partners LLC purchased a new stake in DICK'S Sporting Goods during the 3rd quarter worth approximately $33,000. Westside Investment Management Inc. grew its position in DICK'S Sporting Goods by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 152 shares of the sporting goods retailer's stock worth $35,000 after purchasing an additional 76 shares during the last quarter. Finally, Mather Group LLC. purchased a new stake in DICK'S Sporting Goods during the 3rd quarter worth approximately $39,000. Hedge funds and other institutional investors own 89.83% of the company's stock.

DICK'S Sporting Goods Stock Performance

Shares of NYSE DKS opened at $224.30 on Friday. The company has a current ratio of 1.53, a quick ratio of 0.47 and a debt-to-equity ratio of 0.34. DICK'S Sporting Goods, Inc. has a 12 month low of $167.03 and a 12 month high of $237.31. The company has a 50 day simple moving average of $203.26 and a two-hundred day simple moving average of $210.30. The stock has a market cap of $19.97 billion, a price-to-earnings ratio of 21.95, a PEG ratio of 3.24 and a beta of 1.21.

DICK'S Sporting Goods (NYSE:DKS - Get Free Report) last posted its earnings results 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 firm 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 business posted $3.62 EPS. The business's 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. As a group, analysts predict that DICK'S Sporting Goods, Inc. will post 14.29 earnings per share for the current year.

DICK'S Sporting Goods Increases Dividend

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

Insider Buying and Selling at DICK'S Sporting Goods

In related news, Chairman Edward W. Stack sold 210,478 shares of the business's stock in a transaction on Tuesday, March 31st. The shares were sold at an average price of $197.69, for a total value of $41,609,395.82. Following the completion of the transaction, the chairman directly owned 6,549,026 shares in the company, valued at $1,294,676,949.94. The trade was a 3.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Julie Lodge-Jarrett sold 4,140 shares of the business'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 of the company's stock, valued at approximately $5,534,674.92. This represents a 14.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 32.55% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on DKS shares. The Goldman Sachs Group restated a "buy" rating on shares of DICK'S Sporting Goods in a research note on Monday, January 5th. Weiss Ratings restated a "hold (c+)" rating on shares of DICK'S Sporting Goods in a research note on Friday, March 27th. Wall Street Zen upgraded shares of DICK'S Sporting Goods from a "sell" rating to a "hold" rating in a research note on Sunday, January 25th. BTIG Research started coverage on shares of DICK'S Sporting Goods in a research note on Thursday, April 16th. They set a "buy" rating and a $300.00 price objective for the company. Finally, Truist Financial decreased their price objective on shares of DICK'S Sporting Goods from $275.00 to $252.00 and set a "buy" rating for the company in a research note on Thursday, March 12th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $241.89.

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.

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