DICK'S Sporting Goods, Inc. (NYSE:DKS) Shares Bought by Bath Savings Trust Co

Bath Savings Trust Co grew its stake in shares of DICK'S Sporting Goods, Inc. (NYSE:DKS - Free Report) by 191.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,711 shares of the sporting goods retailer's stock after purchasing an additional 3,093 shares during the quarter. Bath Savings Trust Co's holdings in DICK'S Sporting Goods were worth $983,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Covestor Ltd raised its position in DICK'S Sporting Goods by 70.5% during the 1st quarter. Covestor Ltd now owns 133 shares of the sporting goods retailer's stock valued at $30,000 after purchasing an additional 55 shares in the last quarter. Quent Capital LLC raised its holdings in shares of DICK'S Sporting Goods by 0.6% in the second quarter. Quent Capital LLC now owns 9,752 shares of the sporting goods retailer's stock valued at $2,095,000 after acquiring an additional 57 shares in the last quarter. Vista Capital Partners Inc. lifted its stake in DICK'S Sporting Goods by 5.7% in the second quarter. Vista Capital Partners Inc. now owns 1,057 shares of the sporting goods retailer's stock worth $227,000 after acquiring an additional 57 shares during the period. Range Financial Group LLC grew its holdings in DICK'S Sporting Goods by 0.8% during the 2nd quarter. Range Financial Group LLC now owns 9,386 shares of the sporting goods retailer's stock worth $2,017,000 after acquiring an additional 75 shares in the last quarter. Finally, Toronto Dominion Bank raised its holdings in shares of DICK'S Sporting Goods by 2.1% in the 2nd quarter. Toronto Dominion Bank now owns 5,672 shares of the sporting goods retailer's stock valued at $1,219,000 after purchasing an additional 116 shares in the last quarter. 89.83% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Wedbush restated a "neutral" rating and set a $250.00 target price on shares of DICK'S Sporting Goods in a report on Thursday, September 5th. UBS Group raised their price objective on DICK'S Sporting Goods from $220.00 to $225.00 and gave the company a "neutral" rating in a research report on Monday, August 26th. Evercore ISI reissued an "outperform" rating and set a $280.00 price target on shares of DICK'S Sporting Goods in a research report on Thursday, September 5th. Loop Capital raised their price target on shares of DICK'S Sporting Goods from $200.00 to $220.00 and gave the company a "hold" rating in a report on Thursday, September 5th. Finally, Robert W. Baird reiterated a "neutral" rating and set a $235.00 price objective on shares of DICK'S Sporting Goods in a research note on Wednesday, August 28th. Nine analysts have rated the stock with a hold rating and twelve have given a buy rating to the company's stock. Based on data from MarketBeat, DICK'S Sporting Goods has an average rating of "Moderate Buy" and a consensus target price of $244.62.

DICK'S Sporting Goods Price Performance

Shares of DICK'S Sporting Goods stock traded down $0.62 during trading hours on Tuesday, reaching $205.58. 493,968 shares of the company's stock were exchanged, compared to its average volume of 1,108,062. The business has a fifty day moving average of $215.94 and a two-hundred day moving average of $211.35. The company has a market capitalization of $16.75 billion, a P/E ratio of 17.02, a price-to-earnings-growth ratio of 2.45 and a beta of 1.62. The company has a quick ratio of 0.69, a current ratio of 1.77 and a debt-to-equity ratio of 0.51. DICK'S Sporting Goods, Inc. has a 1 year low of $100.98 and a 1 year high of $239.30.

DICK'S Sporting Goods (NYSE:DKS - Get Free Report) last announced its quarterly earnings data on Wednesday, September 4th. The sporting goods retailer reported $4.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.77 by $0.60. DICK'S Sporting Goods had a net margin of 8.46% and a return on equity of 45.14%. The company had revenue of $3.47 billion during the quarter, compared to analysts' expectations of $3.44 billion. During the same quarter in the prior year, the company earned $2.82 EPS. DICK'S Sporting Goods's revenue was up 7.6% compared to the same quarter last year. As a group, research analysts predict that DICK'S Sporting Goods, Inc. will post 13.9 earnings per share for the current fiscal year.

DICK'S Sporting Goods Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 4th. Shareholders of record on Friday, September 20th were paid a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 2.14%. The ex-dividend date was Friday, September 20th. DICK'S Sporting Goods's dividend payout ratio (DPR) is currently 36.42%.

Insider Buying and Selling at DICK'S Sporting Goods

In other news, Director Desiree Ralls-Morrison sold 3,489 shares of DICK'S Sporting Goods stock in a transaction on Thursday, July 11th. The stock was sold at an average price of $206.65, for a total transaction of $721,001.85. Following the transaction, the director now owns 5,609 shares in the company, valued at $1,159,099.85. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 32.03% of the stock is owned by company insiders.

About DICK'S Sporting Goods

DICK'S Sporting Goods, Inc, together with its subsidiaries, operates as an omni-channel sporting goods retailer primarily in the United States. The company provides hardlines, includes sporting goods equipment, fitness equipment, golf equipment, and fishing gear products; apparel; and footwear and accessories.