6,593 DICK’S Sporting Goods, Inc. $DKS Shares Sold by Central Bank & Trust Co.

Central Bank & Trust Co. cut its stake in shares of DICK’S Sporting Goods, Inc. (NYSE:DKS) by 26.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,479 shares of the sporting goods retailer’s stock after selling 6,593 shares during the quarter. Central Bank & Trust Co.’s holdings in DICK’S Sporting Goods were worth $2,482,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. WINTON GROUP Ltd increased its position in shares of DICK’S Sporting Goods by 1,573.8% during the second quarter. WINTON GROUP Ltd now owns 55,167 shares of the sporting goods retailer’s stock valued at $12,512,000 after purchasing an additional 51,871 shares during the period. Senator Investment Group LP acquired a new stake in DICK’S Sporting Goods during the 2nd quarter valued at $45,362,000. Darsana Capital Partners LP boosted its stake in DICK’S Sporting Goods by 9.1% in the second quarter. Darsana Capital Partners LP now owns 1,500,000 shares of the sporting goods retailer’s stock worth $340,215,000 after purchasing an additional 125,000 shares in the last quarter. The Manufacturers Life Insurance Company bought a new position in shares of DICK’S Sporting Goods in the second quarter valued at about $11,466,000. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new position in DICK’S Sporting Goods in the 2nd quarter worth approximately $18,448,000. 89.83% of the stock is owned by hedge funds and other institutional investors.

More DICK’S Sporting Goods News

Here are the key news stories impacting DICK’S Sporting Goods this week:

• Positive Sentiment: One analysis argues that DICK’S Sporting Goods may be undervalued following its sharp selloff, which could attract value-oriented investors if the company stabilizes operations and delivers on its acquisition strategy. DICK’S Sporting Goods Stock Looks Undervalued On Its 38% Slide
• Neutral Sentiment: Multiple law firms, including Kaplan Fox, Rosen, SBS, Bronstein Gewirtz & Grossman, Pomerantz, and Glancy Prongay, reiterated notices about a securities-fraud class action covering investors who bought DKS shares between September 8, 2025, and August 24, 2026. The November 3, 2026 lead-plaintiff deadline is the immediate legal milestone; these announcements largely repeat previously reported allegations rather than represent a new financial development. Kaplan Fox Class Action Deadline Notice
• Negative Sentiment: The litigation allegations focus on DICK’S disclosures surrounding its Foot Locker acquisition. Plaintiffs claim the company overstated the deal’s growth and profitability prospects and failed to adequately account for Foot Locker’s inventory, legacy footwear, and promotional challenges. One notice specifically cites a reduction in Foot Locker comparable-sales guidance from expected growth of 1.5%–3% to a decline of 2%–0%. If sustained, the allegations could increase legal costs, reputational risk, and uncertainty around the acquisition’s returns. Moore Law Investor Action Notice
• Negative Sentiment: Separate coverage is questioning DKS’s dividend because of weaker free cash flow, raising concerns about dividend sustainability and the company’s financial flexibility after the Foot Locker transaction. DICK’S Sporting Goods Dividend Faces Fresh Scrutiny

Wall Street Analyst Weigh In

Several analysts have commented on the stock. BMO Capital Markets began coverage on shares of DICK’S Sporting Goods in a research report on Tuesday, September 8th. They set an “underperform” rating and a $110.00 target price for the company. UBS Group decreased their price objective on DICK’S Sporting Goods from $275.00 to $178.00 and set a “buy” rating for the company in a research report on Thursday, August 27th. Weiss Ratings downgraded DICK’S Sporting Goods from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, September 16th. KGI Securities cut shares of DICK’S Sporting Goods from an “outperform” rating to a “neutral” rating and set a $135.10 price target on the stock. in a research report on Wednesday, August 26th. Finally, BTIG Research decreased their price objective on shares of DICK’S Sporting Goods from $300.00 to $180.00 and set a “buy” rating for the company in a research report on Wednesday, August 26th. Eleven equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, DICK’S Sporting Goods has an average rating of “Hold” and a consensus price target of $166.85.

Insider Activity

In other DICK’S Sporting Goods news, Director Robert W. Eddy bought 4,000 shares of the stock in a transaction dated Wednesday, August 26th. The shares were bought at an average cost of $128.69 per share, for a total transaction of $514,760.00. Following the purchase, the director directly owned 10,886 shares of the company’s stock, valued at approximately $1,400,919.34. This trade represents a 58.09% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Navdeep Gupta purchased 7,707 shares of the stock in a transaction that occurred on Tuesday, September 22nd. The stock was bought at an average cost of $129.75 per share, for a total transaction of $999,983.25. Following the acquisition, the executive vice president directly owned 86,580 shares in the company, valued at $11,233,755. This trade represents a 9.77% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders have acquired 42,795 shares of company stock valued at $5,588,641. 28.91% of the stock is currently owned by insiders.

DICK’S Sporting Goods Price Performance

Shares of NYSE DKS traded up $1.14 during mid-day trading on Friday, reaching $135.77. The company had a trading volume of 461,209 shares, compared to its average volume of 1,826,429. The firm has a market cap of $12.07 billion, a price-to-earnings ratio of 14.59, a PEG ratio of 2.49 and a beta of 1.09. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.36 and a current ratio of 1.49. DICK’S Sporting Goods, Inc. has a one year low of $120.15 and a one year high of $244.38. The business’s 50-day simple moving average is $154.49 and its 200 day simple moving average is $195.29.

DICK’S Sporting Goods (NYSE:DKS) last posted its earnings results on Tuesday, August 25th. The sporting goods retailer reported $3.53 EPS for the quarter, missing analysts’ consensus estimates of $3.74 by ($0.21). The company had revenue of $5.59 billion during the quarter, compared to the consensus estimate of $5.64 billion. DICK’S Sporting Goods had a return on equity of 19.21% and a net margin of 3.97%.The firm’s revenue was up 53.2% compared to the same quarter last year. During the same period last year, the company posted $4.38 EPS. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. On average, research analysts predict that DICK’S Sporting Goods, Inc. will post 11.69 earnings per share for the current fiscal year.

DICK’S Sporting Goods Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, September 11th were paid a $1.25 dividend. The ex-dividend date was Friday, September 11th. This represents a $5.00 annualized dividend and a dividend yield of 3.7%. DICK’S Sporting Goods’s dividend payout ratio (DPR) is currently 53.71%.

About DICK’S Sporting Goods

DICK’S Sporting Goods, Inc is a U.S.-based omnichannel sporting goods retailer that sells athletic apparel, footwear, sports equipment and related accessories. Its merchandise serves a broad range of sports and outdoor activities, including team sports, fitness, golf, running, hunting, fishing and camping.

The company operates through its DICK’S Sporting Goods stores and digital platforms, offering products from major athletic brands as well as private-label merchandise. Its retail portfolio also includes specialized concepts such as Golf Galaxy, Public Lands and House of Sport, which provide more focused assortments and, in some locations, services and experiences tailored to particular sports and outdoor activities.

DICK’S traces its history to 1948, when Richard “Dick” Stack opened a fishing-tackle store in Binghamton, New York.