Cwm LLC Trims Stake in DICK'S Sporting Goods, Inc. $DKS

Key Points

• Cwm LLC cut its holding in DICK'S Sporting Goods by 81.2% in Q4, selling 7,673 shares and leaving 1,778 shares valued at about $352,000.
• Chairman Edward W. Stack sold 210,478 shares for roughly $41.6 million (a 3.11% reduction) and EVP Julie Lodge‑Jarrett sold 4,140 shares, while insiders still own 32.55% of the company.
• DICK'S beat quarterly expectations (EPS $3.45 vs $3.43; revenue $6.23B vs $6.06B), set FY2026 guidance of EPS 13.50–14.50, raised its quarterly dividend to $1.25 (annual $5.00, ~2.2% yield), and holds a consensus "Moderate Buy" rating with an average target of $241.89.

Cwm LLC cut its holdings in DICK'S Sporting Goods, Inc. (NYSE:DKS - Free Report) by 81.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,778 shares of the sporting goods retailer's stock after selling 7,673 shares during the period. Cwm LLC's holdings in DICK'S Sporting Goods were worth $352,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Clearstead Advisors LLC increased its position in DICK'S Sporting Goods by 46.9% in the third quarter. Clearstead Advisors LLC now owns 144 shares of the sporting goods retailer's stock worth $32,000 after buying an additional 46 shares in the last quarter. Root Financial Partners LLC purchased a new stake in DICK'S Sporting Goods in the 3rd quarter worth approximately $33,000. Westside Investment Management Inc. increased its holdings in DICK'S Sporting Goods by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 152 shares of the sporting goods retailer's stock worth $35,000 after acquiring an additional 76 shares in the last quarter. Mather Group LLC. bought a new stake in DICK'S Sporting Goods during the 3rd quarter worth approximately $39,000. Finally, Newbridge Financial Services Group Inc. bought a new stake in DICK'S Sporting Goods during the 4th quarter worth approximately $40,000. 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 DICK'S Sporting Goods stock in a transaction dated 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 transaction, the chairman directly owned 6,549,026 shares of the company's stock, valued at approximately $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 Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Julie Lodge-Jarrett sold 4,140 shares of the stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $223.56, for a total transaction of $925,538.40. Following the completion of the sale, the executive vice president directly owned 24,757 shares in the company, valued at $5,534,674.92. This trade represents a 14.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 32.55% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. BTIG Research assumed coverage on shares of DICK'S Sporting Goods in a research note on Thursday, April 16th. They issued a "buy" rating and a $300.00 price objective for the company. The Goldman Sachs Group reaffirmed a "buy" rating on shares of DICK'S Sporting Goods in a report on Monday, January 5th. Jefferies Financial Group reiterated a "hold" rating and issued a $210.00 price target on shares of DICK'S Sporting Goods in a research note on Thursday, March 12th. Truist Financial lowered their price objective on DICK'S Sporting Goods from $275.00 to $252.00 and set a "buy" rating on the stock in a research report on Thursday, March 12th. Finally, Wells Fargo & Company dropped their price objective on 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. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $241.89.

DICK'S Sporting Goods Stock Down 0.8%

Shares of NYSE:DKS opened at $225.08 on Friday. The company has a market cap of $20.04 billion, a price-to-earnings ratio of 22.02, a PEG ratio of 3.19 and a beta of 1.21. 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 current ratio of 1.53, a quick ratio of 0.47 and a debt-to-equity ratio of 0.34. The company has a 50-day moving average price of $205.56 and a 200 day moving average price of $210.25.

DICK'S Sporting Goods (NYSE:DKS - Get Free Report) last issued its quarterly earnings data on Thursday, March 12th. The sporting goods retailer reported $3.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.43 by $0.02. The business had revenue of $6.23 billion for the quarter, compared to the consensus estimate of $6.06 billion. DICK'S Sporting Goods had a return on equity of 27.12% and a net margin of 4.93%.The company's quarterly revenue was up 59.9% compared to the same quarter last year. During the same period in the prior year, the business posted $3.62 earnings per share. DICK'S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. As a group, equities research 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 disclosed a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Friday, March 27th were paid a dividend of $1.25 per share. The ex-dividend date of this dividend was Friday, March 27th. This is a positive change from DICK'S Sporting Goods's previous quarterly dividend of $1.21. This represents a $5.00 annualized dividend and a yield of 2.2%. DICK'S Sporting Goods's payout ratio is presently 48.92%.

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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