DICK’S Sporting Goods, Inc. $DKS Stock Bought by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. lifted its holdings in shares of DICK’S Sporting Goods, Inc. (NYSE:DKS) by 118.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 12,794 shares of the sporting goods retailer’s stock after acquiring an additional 6,931 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in DICK’S Sporting Goods were worth $1,718,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. BlackRock Inc. bought a new stake in DICK’S Sporting Goods in the 2nd quarter valued at $1,501,321,000. Bank of America Corp DE acquired a new stake in DICK’S Sporting Goods during the 2nd quarter valued at $1,024,000,000. Darsana Capital Partners LP boosted its position in DICK’S Sporting Goods by 9.1% during 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 during the period. Maverick Capital Ltd. boosted its position in DICK’S Sporting Goods by 25.3% during the first quarter. Maverick Capital Ltd. now owns 1,044,903 shares of the sporting goods retailer’s stock worth $207,194,000 after purchasing an additional 210,654 shares during the period. Finally, Principal Financial Group Inc. boosted its position in DICK’S Sporting Goods by 26.2% during the first quarter. Principal Financial Group Inc. now owns 634,874 shares of the sporting goods retailer’s stock worth $125,889,000 after purchasing an additional 131,797 shares during the period. 89.83% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Loop Capital reiterated a “hold” rating and issued a $140.00 price objective on shares of DICK’S Sporting Goods in a report on Tuesday, August 25th. BMO Capital Markets restated an “underperform” rating on shares of DICK’S Sporting Goods in a research note on Monday, October 26th. BTIG Research reduced their target price on shares of DICK’S Sporting Goods from $300.00 to $180.00 and set a “buy” rating for the company in a report on Wednesday, August 26th. KGI Securities downgraded shares of DICK’S Sporting Goods from an “outperform” rating to a “neutral” rating and set a $135.10 target price for the company. in a report on Wednesday, August 26th. Finally, Zacks Research lowered shares of DICK’S Sporting Goods from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 1st. Twelve investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $167.53.

Insider Activity

In other DICK’S Sporting Goods news, Director Larry Jr. Fitzgerald acquired 1,860 shares of DICK’S Sporting Goods stock in a transaction that occurred on Wednesday, September 23rd. The shares were acquired at an average cost of $131.67 per share, with a total value of $244,906.20. Following the completion of the purchase, the director directly owned 15,199 shares of the company’s stock, valued at $2,001,252.33. This represents a 13.94% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director William Colombo bought 913 shares of the company’s stock in a transaction dated Tuesday, September 1st. The stock was bought at an average cost of $133.19 per share, with a total value of $121,602.47. Following the acquisition, the director directly owned 181,000 shares of the company’s stock, valued at approximately $24,107,390. The trade was a 0.51% increase in their position. The SEC filing for this purchase provides additional information. Over the last three months, insiders acquired 42,795 shares of company stock valued at $5,588,641. Company insiders own 28.91% of the company’s stock.

DICK’S Sporting Goods Stock Performance

NYSE:DKS opened at $143.76 on Monday. DICK’S Sporting Goods, Inc. has a 1-year low of $120.15 and a 1-year high of $244.38. The company has a current ratio of 1.49, a quick ratio of 0.36 and a debt-to-equity ratio of 0.33. The stock has a market cap of $12.78 billion, a P/E ratio of 15.44, a PEG ratio of 2.73 and a beta of 1.09. The stock has a 50 day simple moving average of $137.19 and a 200 day simple moving average of $192.57.

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

DICK’S Sporting Goods Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Friday, September 11th were paid a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend was Friday, September 11th. DICK’S Sporting Goods’s payout ratio is 53.71%.

Key Stories Impacting DICK’S Sporting Goods

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

• Positive Sentiment: The recent move higher may reflect a rebound from DKS’s 52-week low of $120.15. However, none of the supplied articles identifies a new fundamental catalyst supporting the increase.
• Neutral Sentiment: Several law firms, including Kaplan Fox, Rosen Law Firm, and others, repeated notices about an existing securities class action and urged investors to seek lead-plaintiff status by November 3, 2026. These announcements largely duplicate one another and do not represent separate lawsuits or new company disclosures. Kaplan Fox class action deadline notice
• Negative Sentiment: The lawsuit covers investors who purchased DKS shares from September 8, 2025, through August 24, 2026, and names the company and certain officers. The complaints allege violations of federal securities laws involving statements about the Foot Locker integration and business outlook. One investor notice says an August 2026 guidance reduction preceded a $55.02-per-share decline. The allegations have not been proven, but the litigation creates legal, financial, and reputational overhang. DKS shareholder litigation alert
• Negative Sentiment: The legal developments add to existing operating concerns: DICK’S recently missed quarterly earnings and revenue estimates and issued fiscal 2026 earnings guidance of $11.00 to $12.00 per share, versus consensus expectations near $11.69.

DICK’S Sporting Goods Company Profile

DICK’S Sporting Goods, Inc is a U.S.-based omnichannel sporting goods retailer that sells athletic apparel, footwear, sports equipment and 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 namesake DICK’S Sporting Goods stores and digital platforms, along with specialty and concept formats such as Golf Galaxy, Public Lands, House of Sport and other retail brands.