DICK'S Sporting Goods shares rose 3.1% this afternoon to a price of $232.3. The stock is still trading within range of its average target price of $238.79, and over the last 52 weeks, it has recorded a 52.8% performance. Analysts have given the Large-Cap Retail stock target prices ranging from $155.0 to $280.0 dollars per share, with an average rating of buy.
The stock has an above average percentage of its shares sold short at 9.4%, and a short ratio of 5.52. The company's insiders own 3.72% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that a significant number of institutional investors are invested in the stock, with 93.0% of DICK'S Sporting Goods's shares being owned by this investor type.
Institutions Invested in DICK'S Sporting Goods
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-09-30 | FMR, LLC | 15% | 8,655,147 | $2,010,590,674 |
| 2024-09-30 | Blackrock Inc. | 10% | 5,947,941 | $1,381,706,712 |
| 2024-09-30 | Vanguard Group Inc | 9% | 5,365,713 | $1,246,455,146 |
| 2024-09-30 | State Street Corporation | 4% | 2,259,133 | $524,796,602 |
| 2024-09-30 | Charles Schwab Investment Management, Inc. | 3% | 1,788,820 | $415,542,891 |
| 2024-09-30 | Geode Capital Management, LLC | 2% | 1,042,782 | $242,238,261 |
| 2024-09-30 | Renaissance Technologies, LLC | 2% | 1,042,740 | $242,228,505 |
| 2024-09-30 | Morgan Stanley | 2% | 1,012,843 | $235,283,431 |
| 2024-09-30 | LSV Asset Management | 2% | 1,005,306 | $233,532,586 |
| 2024-09-30 | Dimensional Fund Advisors LP | 1% | 795,556 | $184,807,661 |
Besides an analyst consensus of some upside potential, other market factors point to there being positive market sentiment on DICK'S Sporting Goods.
