Nykredit A S acquired a new stake in DICK’S Sporting Goods, Inc. (NYSE:DKS – Free Report) during the second quarter, Holdings Channel.com reports. The firm acquired 31,028 shares of the sporting goods retailer’s stock, valued at approximately $7,037,000.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brown Advisory Inc. raised its position in shares of DICK’S Sporting Goods by 9.6% in the second quarter. Brown Advisory Inc. now owns 1,143 shares of the sporting goods retailer’s stock valued at $226,000 after purchasing an additional 100 shares during the period. Cerity Partners LLC boosted its holdings in shares of DICK’S Sporting Goods by 54.1% during the 2nd quarter. Cerity Partners LLC now owns 1,600 shares of the sporting goods retailer’s stock worth $316,000 after buying an additional 562 shares during the period. Bank of Nova Scotia bought a new stake in shares of DICK’S Sporting Goods during the 2nd quarter worth $417,000. Daiwa Securities Group Inc. raised its holdings in DICK’S Sporting Goods by 9.8% in the 2nd quarter. Daiwa Securities Group Inc. now owns 5,974 shares of the sporting goods retailer’s stock worth $1,182,000 after acquiring an additional 531 shares during the period. Finally, NewEdge Advisors LLC raised its holdings in DICK’S Sporting Goods by 4.4% in the 2nd quarter. NewEdge Advisors LLC now owns 2,951 shares of the sporting goods retailer’s stock worth $584,000 after acquiring an additional 124 shares during the period. 89.83% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at DICK’S Sporting Goods
In other news, Director Robert Eddy acquired 4,000 shares of DICK’S Sporting Goods stock in a transaction on Wednesday, August 26th. The stock was bought at an average price of $128.69 per share, for a total transaction of $514,760.00. Following the transaction, the director owned 10,886 shares of the company’s stock, valued at $1,400,919.34. The trade was a 58.09% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director William Colombo acquired 5,000 shares of the firm’s stock in a transaction dated Wednesday, August 26th. The shares were purchased at an average cost of $128.72 per share, for a total transaction of $643,600.00. Following the acquisition, the director directly owned 178,987 shares in the company, valued at $23,039,206.64. This represents a 2.87% increase in their position. The SEC filing for this purchase provides additional information. In the last quarter, insiders bought 29,563 shares of company stock worth $3,843,882. Insiders own 28.91% of the company’s stock.
Analyst Ratings Changes
Read Our Latest Research Report on DICK’S Sporting Goods
DICK’S Sporting Goods Stock Performance
NYSE DKS opened at $139.33 on Friday. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.49 and a quick ratio of 0.36. The firm has a market capitalization of $12.47 billion, a price-to-earnings ratio of 14.97, a P/E/G ratio of 1.61 and a beta of 1.11. The company’s fifty day moving average is $195.17 and its two-hundred day moving average is $206.79. DICK’S Sporting Goods, Inc. has a 52-week low of $120.40 and a 52-week high of $244.38.
DICK’S Sporting Goods (NYSE:DKS – Get Free Report) last announced its quarterly earnings data 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). DICK’S Sporting Goods had a net margin of 3.97% and a return on equity of 19.21%. The company had revenue of $5.59 billion for the quarter, compared to analyst estimates of $5.64 billion. During the same period in the prior year, the company posted $4.38 EPS. The firm’s quarterly revenue was up 53.2% on a year-over-year basis. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. Equities research analysts forecast that DICK’S Sporting Goods, Inc. will post 11.73 EPS for the current year.
DICK’S Sporting Goods Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be paid a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a yield of 3.6%. The ex-dividend date is Friday, September 11th. DICK’S Sporting Goods’s payout ratio is currently 53.71%.
More DICK’S Sporting Goods News
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 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.
See Also
- Five stocks we like better than DICK’S Sporting Goods
- Zscaler’s Strong Quarter Still Left Investors Waiting on 1 Key Signal
- Is Duolingo the Next Netflix-Style Comeback Story?
- GitLab’s AI Tools Are Starting to Turn Developer Demand Into Real Revenue
- GTA VI’s Console Problem Isn’t Take-Two’s Problem
Want to see what other hedge funds are holding DKS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DICK’S Sporting Goods, Inc. (NYSE:DKS – Free Report).
Receive News & Ratings for DICK'S Sporting Goods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DICK'S Sporting Goods and related companies with MarketBeat.com's FREE daily email newsletter.
