William Colombo Acquires 1,100 Shares of DICK’S Sporting Goods (NYSE:DKS) Stock

DICK’S Sporting Goods, Inc. (NYSE:DKS) Director William Colombo acquired 1,100 shares of the company’s stock in a transaction dated Thursday, August 27th. The stock was acquired at an average cost of $129.00 per share, with a total value of $141,900.00. Following the purchase, the director owned 180,087 shares of the company’s stock, valued at approximately $23,231,223. This trade represents a 0.61% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website.

DICK’S Sporting Goods Stock Performance

NYSE:DKS opened at $135.09 on Friday. The stock has a 50-day moving average price of $205.27 and a 200 day moving average price of $209.05. The stock has a market capitalization of $12.09 billion, a P/E ratio of 14.51, a P/E/G ratio of 1.43 and a beta of 1.21. DICK’S Sporting Goods, Inc. has a 12-month low of $120.40 and a 12-month high of $244.38. The company has a current ratio of 1.49, a quick ratio of 0.38 and a debt-to-equity ratio of 0.33.

DICK’S Sporting Goods (NYSE:DKS) last posted its quarterly 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). 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 period in the prior year, the firm posted $4.38 earnings per share. The firm’s revenue for the quarter 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 11.72 EPS for the current fiscal year.

DICK’S Sporting Goods Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be issued a $1.25 dividend. This represents a $5.00 annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend is Friday, September 11th. DICK’S Sporting Goods’s payout ratio is 53.71%.

Hedge Funds Weigh In On DICK’S Sporting Goods

A number of institutional investors and hedge funds have recently modified their holdings of DKS. Brown Advisory Inc. raised its holdings in DICK’S Sporting Goods by 9.6% during the 2nd quarter. Brown Advisory Inc. now owns 1,143 shares of the sporting goods retailer’s stock valued at $226,000 after buying an additional 100 shares during the period. Cerity Partners LLC increased its position in DICK’S Sporting Goods by 54.1% during the second quarter. Cerity Partners LLC now owns 1,600 shares of the sporting goods retailer’s stock valued at $316,000 after acquiring an additional 562 shares during the last quarter. Bank of Nova Scotia bought a new position in DICK’S Sporting Goods during the second quarter valued at $417,000. Daiwa Securities Group Inc. increased its position in DICK’S Sporting Goods by 9.8% during the second quarter. Daiwa Securities Group Inc. now owns 5,974 shares of the sporting goods retailer’s stock valued at $1,182,000 after acquiring an additional 531 shares during the last quarter. Finally, NewEdge Advisors LLC raised its stake in shares of DICK’S Sporting Goods by 4.4% in the second quarter. NewEdge Advisors LLC now owns 2,951 shares of the sporting goods retailer’s stock valued at $584,000 after acquiring an additional 124 shares during the period. Hedge funds and other institutional investors own 89.83% of the company’s stock.

Wall Street Analyst Weigh In

DKS has been the subject of several research analyst reports. Citigroup cut their target price on shares of DICK’S Sporting Goods from $280.00 to $190.00 and set a “buy” rating for the company in a research note on Thursday. Telsey Advisory Group reissued a “market perform” rating and set a $145.00 price objective (down from $255.00) on shares of DICK’S Sporting Goods in a report on Wednesday. Robert W. Baird cut their price objective on DICK’S Sporting Goods from $264.00 to $150.00 and set an “outperform” rating for the company in a research report on Wednesday. Morgan Stanley reduced their target price on DICK’S Sporting Goods from $270.00 to $180.00 and set an “overweight” rating on the stock in a report on Wednesday. Finally, UBS Group decreased their target price on DICK’S Sporting Goods from $275.00 to $178.00 and set a “buy” rating on the stock in a research report on Thursday. Twelve research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $170.22.

Trending Headlines about DICK’S Sporting Goods

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

• Positive Sentiment: Several directors made sizable open-market purchases after the earnings-related decline. William J. Colombo bought 6,100 shares for roughly $785,500, Mark J. Barrenechea purchased 17,000 shares for about $2.2 million, Robert W. Eddy bought 4,000 shares, and Sandeep Mathrani acquired 1,550 shares. The transactions may signal that company insiders view the selloff as excessive. SEC insider filing
• Positive Sentiment: Oppenheimer maintained a Buy rating, and Citigroup retained a Buy rating despite reducing its price target to $190 from $280. The new target still implies substantial potential upside from current trading levels. Analyst price target report
• Neutral Sentiment: Multiple law firms announced investigations into potential securities-law violations, including Kaplan Fox, Block & Leviton, BFA Law, Levi & Korsinsky and Pomerantz. These notices are investor solicitations and do not establish that DICK’S violated any law, but they add reputational and litigation risk. Kaplan Fox investigation notice
• Negative Sentiment: DICK’S reported quarterly earnings of $3.53 per share versus the $3.74 consensus estimate, while revenue of $5.59 billion also fell short of expectations. Earnings declined from $4.38 per share a year earlier, intensifying concerns about profitability despite strong reported revenue growth.
• Negative Sentiment: Telsey downgraded the stock to Market Perform and slashed its price target to $145 from $255. DA Davidson and BTIG also issued pessimistic forecasts, reinforcing concerns about the company’s outlook. Analyst downgrade report

About DICK’S Sporting Goods

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.