Jupiter Topco LLC purchased a new stake in shares of DICK’S Sporting Goods, Inc. (NYSE:DKS – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 4,518 shares of the sporting goods retailer’s stock, valued at approximately $1,025,000.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Jacobi Capital Management LLC raised its holdings in shares of DICK’S Sporting Goods by 4.5% during the 4th quarter. Jacobi Capital Management LLC now owns 1,189 shares of the sporting goods retailer’s stock valued at $235,000 after buying an additional 51 shares in the last quarter. Lido Advisors LLC boosted its stake in DICK’S Sporting Goods by 3.9% in the third quarter. Lido Advisors LLC now owns 1,358 shares of the sporting goods retailer’s stock worth $302,000 after buying an additional 51 shares in the last quarter. Fifth Third Wealth Advisors LLC boosted its stake in DICK’S Sporting Goods by 2.4% in the first quarter. Fifth Third Wealth Advisors LLC now owns 2,284 shares of the sporting goods retailer’s stock worth $453,000 after buying an additional 54 shares in the last quarter. PCB Capital LLC grew its position in DICK’S Sporting Goods by 1.5% during the first quarter. PCB Capital LLC now owns 3,607 shares of the sporting goods retailer’s stock valued at $715,000 after acquiring an additional 55 shares during the last quarter. Finally, Parallel Advisors LLC raised its stake in shares of DICK’S Sporting Goods by 5.9% during the fourth quarter. Parallel Advisors LLC now owns 980 shares of the sporting goods retailer’s stock worth $194,000 after acquiring an additional 55 shares in the last quarter. 89.83% of the stock is currently owned by hedge funds and other institutional investors.
DICK’S Sporting Goods News Roundup
Here are the key news stories impacting DICK’S Sporting Goods this week:
- Positive Sentiment: Director William Colombo purchased 913 DKS shares for approximately $121,600, increasing his direct ownership to 181,000 shares. Recent insider buying may signal that company directors view the selloff as an attractive entry point. DICK’S Sporting Goods Director Acquires 913 Shares of Stock
- Neutral Sentiment: DKS now trades at a materially lower valuation and offers an annualized dividend of $5.00 per share, or roughly a 3.6% yield based on the provided price. However, analysts remain divided, with a consensus “Hold” rating and an average price target of $170.22. Dick’s Sporting Goods Stock Just Crashed 31%
- Negative Sentiment: DICK’S reduced its 2026 profit outlook as Foot Locker weakness, promotional activity and higher costs outweighed strong sales growth in its core operations. The company’s latest quarterly earnings also missed analyst expectations, increasing concerns about integration execution and profitability. DKS Cuts 2026 Profit Outlook
- Negative Sentiment: Multiple law firms, including Kaplan Fox, Block & Leviton, Bleichmar Fonti & Auld, Kirby McInerney and Pomerantz, announced investigations into potential securities-law violations. The inquiries reportedly focus on whether DICK’S adequately disclosed inventory, discounting and Foot Locker-related profit risks. These notices are investor-solicitation announcements and do not establish wrongdoing, but they add legal and reputational overhang. Kaplan Fox Securities Investigation
- Negative Sentiment: Zacks Research downgraded DKS to “strong sell,” while technical coverage flagged a bearish “death cross” pattern, reinforcing negative momentum and investor caution. DKS Death Cross Analysis
DICK’S Sporting Goods Trading Down 0.3%
DICK’S Sporting Goods (NYSE:DKS – Get Free Report) last released its quarterly earnings data on Tuesday, August 25th. The sporting goods retailer reported $3.53 earnings per share for the quarter, missing the consensus estimate of $3.74 by ($0.21). DICK’S Sporting Goods had a return on equity of 19.21% and a net margin of 3.97%.The business had revenue of $5.59 billion during the quarter, compared to analysts’ expectations of $5.64 billion. During the same quarter last year, the business posted $4.38 EPS. The company’s quarterly 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. Analysts predict that DICK’S Sporting Goods, Inc. will post 11.73 EPS for the current year.
DICK’S Sporting Goods Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be issued a $1.25 dividend. The ex-dividend date is Friday, September 11th. This represents a $5.00 annualized dividend and a yield of 3.6%. DICK’S Sporting Goods’s payout ratio is 53.71%.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently issued reports on DKS shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of DICK’S Sporting Goods in a research note on Wednesday. BTIG Research lowered their price target on shares of DICK’S Sporting Goods from $300.00 to $180.00 and set a “buy” rating for the company in a research note on Wednesday, August 26th. Citigroup cut their price target on shares of DICK’S Sporting Goods from $280.00 to $190.00 and set a “buy” rating for the company in a research report on Thursday, August 27th. Morgan Stanley reduced their price objective on DICK’S Sporting Goods from $270.00 to $180.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 26th. Finally, BNP Paribas Exane reiterated an “underperform” rating and issued a $99.00 price objective on shares of DICK’S Sporting Goods in a report on Wednesday, August 26th. Twelve investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $170.22.
Get Our Latest Research Report on DICK’S Sporting Goods
Insider Activity at DICK’S Sporting Goods
In related news, Director William J. Colombo bought 913 shares of the company’s stock in a transaction dated Tuesday, September 1st. The stock was purchased at an average cost of $133.19 per share, with a total value of $121,602.47. Following the transaction, the director owned 181,000 shares in the company, valued at approximately $24,107,390. This trade represents a 0.51% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Sandeep Mathrani bought 1,550 shares of the business’s stock in a transaction dated Wednesday, August 26th. The shares were bought at an average cost of $128.89 per share, for a total transaction of $199,779.50. Following the purchase, the director directly owned 11,136 shares in the company, valued at approximately $1,435,319.04. This represents a 16.17% increase in their position. The SEC filing for this purchase provides additional information. In the last ninety days, insiders have acquired 29,563 shares of company stock worth $3,843,882. 28.91% of the stock is currently owned by insiders.
DICK’S Sporting Goods Company 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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