Nordea Investment Management AB Reduces Stock Holdings in DICK'S Sporting Goods, Inc. $DKS

Key Points

• Nordea Investment Management AB trimmed its stake in DICK'S Sporting Goods by 4.2% in Q4 and now holds 255,779 shares (about 0.28%) worth $51.0 million; institutional investors collectively own 89.83% of the stock.
• Analysts have a consensus rating of "Moderate Buy" with an average price target of $236.21 (breakdown: 1 Strong Buy, 10 Buy, 8 Hold, 1 Sell).
• DICK'S recently beat Q earnings and revenue estimates (EPS $3.45 vs. $3.43; revenue $6.23B vs. $6.06B), issued FY2026 guidance of 13.50–14.50 EPS, and raised its quarterly dividend to $1.25 (annualized $5.00, ~2.6% yield).

Nordea Investment Management AB reduced its holdings in shares of DICK'S Sporting Goods, Inc. (NYSE:DKS - Free Report) by 4.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 255,779 shares of the sporting goods retailer's stock after selling 11,176 shares during the quarter. Nordea Investment Management AB owned approximately 0.28% of DICK'S Sporting Goods worth $51,002,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in DKS. Occidental Asset Management LLC raised its position in shares of DICK'S Sporting Goods by 5.8% during the 4th quarter. Occidental Asset Management LLC now owns 13,342 shares of the sporting goods retailer's stock worth $2,641,000 after purchasing an additional 730 shares during the last quarter. Hamlin Capital Management LLC grew its holdings in DICK'S Sporting Goods by 7.2% during the 4th quarter. Hamlin Capital Management LLC now owns 760,093 shares of the sporting goods retailer's stock valued at $150,476,000 after buying an additional 51,169 shares during the last quarter. Hilltop National Bank increased its position in DICK'S Sporting Goods by 3.0% during the fourth quarter. Hilltop National Bank now owns 6,587 shares of the sporting goods retailer's stock worth $1,304,000 after buying an additional 190 shares in the last quarter. Doliver Advisors LP increased its position in DICK'S Sporting Goods by 196.8% during the fourth quarter. Doliver Advisors LP now owns 7,223 shares of the sporting goods retailer's stock worth $1,430,000 after buying an additional 4,789 shares in the last quarter. Finally, GAMMA Investing LLC raised its holdings in shares of DICK'S Sporting Goods by 7.4% in the fourth quarter. GAMMA Investing LLC now owns 2,007 shares of the sporting goods retailer's stock worth $397,000 after acquiring an additional 139 shares during the last quarter. Institutional investors and hedge funds own 89.83% of the company's stock.

Analysts Set New Price Targets

A number of research firms recently commented on DKS. The Goldman Sachs Group reaffirmed a "buy" rating on shares of DICK'S Sporting Goods in a research note on Monday, January 5th. Telsey Advisory Group restated an "outperform" rating and issued a $245.00 target price on shares of DICK'S Sporting Goods in a report on Monday, March 9th. DA Davidson set a $260.00 price target on shares of DICK'S Sporting Goods in a research note on Monday, January 12th. Robert W. Baird set a $253.00 price target on shares of DICK'S Sporting Goods in a report on Wednesday, February 11th. Finally, Jefferies Financial Group reissued a "hold" rating and issued a $210.00 price objective on shares of DICK'S Sporting Goods in a research report on Thursday, March 12th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $236.21.

DICK'S Sporting Goods Stock Performance

Shares of DKS stock opened at $192.35 on Tuesday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.47 and a current ratio of 1.53. The firm has a market capitalization of $17.31 billion, a price-to-earnings ratio of 18.82, a price-to-earnings-growth ratio of 2.71 and a beta of 1.23. DICK'S Sporting Goods, Inc. has a one year low of $166.37 and a one year high of $237.31. The company has a 50 day moving average price of $203.19 and a 200 day moving average price of $213.07.

DICK'S Sporting Goods (NYSE:DKS - Get Free Report) last announced its quarterly earnings results on Thursday, March 12th. The sporting goods retailer reported $3.45 earnings per share for the quarter, beating analysts' consensus estimates of $3.43 by $0.02. The company had revenue of $6.23 billion for the quarter, compared to analyst estimates of $6.06 billion. DICK'S Sporting Goods had a net margin of 4.93% and a return on equity of 27.12%. DICK'S Sporting Goods's revenue for the quarter was up 59.9% on a year-over-year basis. During the same quarter last year, the business earned $3.62 EPS. DICK'S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. Sell-side analysts anticipate that DICK'S Sporting Goods, Inc. will post 13.89 EPS for the current year.

DICK'S Sporting Goods Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, April 10th. Shareholders of record on Friday, March 27th will be given a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a yield of 2.6%. This is a boost from DICK'S Sporting Goods's previous quarterly dividend of $1.21. The ex-dividend date of this dividend is Friday, March 27th. DICK'S Sporting Goods's dividend payout ratio (DPR) is presently 47.46%.

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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