Oppenheimer & Co. Inc. Has $1.79 Million Position in DICK'S Sporting Goods, Inc. $DKS

Key Points

• Oppenheimer & Co. increased its holding in DICK'S Sporting Goods by 119.6% in Q4 to 9,033 shares worth about $1.79 million, while other large funds (Vanguard, Wellington, BofA, State Street, Dimensional) also raised stakes and institutional ownership stands at 89.83%.
• Sell‑side sentiment is positive with a consensus rating of "Moderate Buy" and an average target of $241.89, as firms like Barclays raised their target to $264 and BTIG initiated coverage with a $300 "buy" rating.
• DICK'S recently beat quarterly estimates (EPS $3.45 vs. $3.43) with revenue up 59.9% YoY, provided FY2026 EPS guidance of 13.50–14.50, and raised its quarterly dividend to $1.25 (≈2.3% yield).

Oppenheimer & Co. Inc. raised its holdings in DICK'S Sporting Goods, Inc. (NYSE:DKS - Free Report) by 119.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 9,033 shares of the sporting goods retailer's stock after buying an additional 4,920 shares during the period. Oppenheimer & Co. Inc.'s holdings in DICK'S Sporting Goods were worth $1,788,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its stake in DICK'S Sporting Goods by 17.8% in the 3rd quarter. Vanguard Group Inc. now owns 6,719,011 shares of the sporting goods retailer's stock valued at $1,493,099,000 after buying an additional 1,015,599 shares during the last quarter. Wellington Management Group LLP increased its stake in DICK'S Sporting Goods by 83.9% in the 3rd 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. Bank of America Corp DE increased its stake in DICK'S Sporting Goods by 588.1% in the 3rd 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. State Street Corp increased its stake in DICK'S Sporting Goods by 17.7% in the 3rd quarter. State Street Corp now owns 2,606,541 shares of the sporting goods retailer's stock valued at $579,226,000 after buying an additional 391,694 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in DICK'S Sporting Goods by 58.2% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,423,102 shares of the sporting goods retailer's stock valued at $316,224,000 after buying an additional 523,809 shares during the last quarter. 89.83% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

DKS has been the topic of several recent research reports. UBS Group reiterated a "buy" rating on shares of DICK'S Sporting Goods in a research note on Tuesday, March 3rd. 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. Barclays lifted their price target on shares of DICK'S Sporting Goods from $242.00 to $264.00 and gave the company an "overweight" rating 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 report on Wednesday, February 11th. Finally, BTIG Research began coverage on shares of DICK'S Sporting Goods in a research report on Thursday, April 16th. They issued a "buy" rating and a $300.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $241.89.

DICK'S Sporting Goods Stock Performance

Shares of DKS stock opened at $215.68 on Wednesday. The company has a market capitalization of $19.20 billion, a price-to-earnings ratio of 21.10, a PEG ratio of 3.08 and a beta of 1.21. 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 company has a 50-day simple moving average of $205.76 and a 200 day simple moving average of $209.98. DICK'S Sporting Goods, Inc. has a 52 week low of $167.03 and a 52 week high of $237.31.

DICK'S Sporting Goods (NYSE:DKS - Get Free Report) last announced its earnings results on Thursday, March 12th. The sporting goods retailer reported $3.45 EPS for the quarter, topping the consensus estimate of $3.43 by $0.02. The business had revenue of $6.23 billion during the quarter, compared to the consensus estimate 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 was up 59.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.62 EPS. DICK'S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. On average, sell-side 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 business also recently announced a quarterly dividend, which was paid on Friday, April 10th. Investors of record on Friday, March 27th were issued a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a dividend yield of 2.3%. 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. DICK'S Sporting Goods's payout ratio is presently 48.92%.

Insider Activity

In related news, EVP Julie Lodge-Jarrett sold 4,140 shares of DICK'S Sporting Goods stock in a transaction dated 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 sale, the executive vice president owned 24,757 shares of the company's stock, valued at approximately $5,534,674.92. The trade was a 14.33% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Chairman Edward W. Stack sold 210,478 shares of DICK'S Sporting Goods stock in a transaction dated 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 sale, the chairman directly owned 6,549,026 shares of the company's stock, valued at $1,294,676,949.94. The trade was a 3.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 32.55% of the company's stock.

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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