DICK’S Sporting Goods (NYSE:DKS) Director Purchases 17,000 Shares of Stock

by · The Markets Daily

DICK’S Sporting Goods, Inc. (NYSE:DKS – Get Free Report) Director Mark Barrenechea bought 17,000 shares of the stock in a transaction that occurred on Thursday, August 27th. The stock was acquired at an average price of $130.72 per share, for a total transaction of $2,222,240.00. Following the completion of the transaction, the director owned 25,977 shares in the company, valued at $3,395,713.44. This trade represents a 189.37% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

DICK’S Sporting Goods Stock Performance

DKS stock traded up $3.32 during trading on Friday, reaching $135.09. 5,340,350 shares of the company’s stock were exchanged, compared to its average volume of 1,615,070. DICK’S Sporting Goods, Inc. has a 1-year low of $120.40 and a 1-year high of $244.38. The firm has a market cap of $12.09 billion, a PE ratio of 14.51, a P/E/G ratio of 1.22 and a beta of 1.21. The company’s fifty day moving average price is $207.21 and its 200-day moving average price is $209.57. The company has a quick ratio of 0.38, a current ratio of 1.49 and a debt-to-equity ratio of 0.33.

DICK’S Sporting Goods (NYSE:DKS – Get Free Report) last posted 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). The company had revenue of $5.59 billion during the quarter, compared to analyst estimates of $5.64 billion. DICK’S Sporting Goods had a return on equity of 19.21% and a net margin of 3.97%.The business’s revenue for the quarter was up 53.2% compared to the same quarter last year. During the same period in the previous year, the company earned $4.38 EPS. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. On average, research analysts expect that DICK’S Sporting Goods, Inc. will post 13.18 EPS for the current fiscal year.

DICK’S Sporting Goods Announces Dividend

The firm also recently announced 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. This represents a $5.00 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date is Friday, September 11th. DICK’S Sporting Goods’s payout ratio is presently 53.71%.

Institutional Investors Weigh In On DICK’S Sporting Goods

Several institutional investors have recently made changes to their positions in DKS. Brown Financial Advisors acquired a new position in DICK’S Sporting Goods in the second quarter worth approximately $201,000. HighTower Advisors LLC lifted its stake in DICK’S Sporting Goods by 34.7% in the second quarter. HighTower Advisors LLC now owns 275,886 shares of the sporting goods retailer’s stock valued at $62,574,000 after acquiring an additional 71,001 shares during the last quarter. California State Teachers Retirement System lifted its stake in DICK’S Sporting Goods by 20,961.0% in the second quarter. California State Teachers Retirement System now owns 15,878,288 shares of the sporting goods retailer’s stock valued at $3,601,355,000 after acquiring an additional 15,802,896 shares during the last quarter. Alan B Lancz & Associates Inc. bought a new stake in DICK’S Sporting Goods in the second quarter worth approximately $227,000. Finally, HB Wealth Management LLC grew its position in DICK’S Sporting Goods by 24.8% in the second quarter. HB Wealth Management LLC now owns 2,064 shares of the sporting goods retailer’s stock worth $468,000 after acquiring an additional 410 shares in the last quarter. 89.83% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. KGI Securities lowered 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. Weiss Ratings cut DICK’S Sporting Goods from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, June 5th. Morgan Stanley dropped 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. UBS Group reduced their price target on shares of DICK’S Sporting Goods from $275.00 to $178.00 and set a “buy” rating for the company in a research report on Thursday. Finally, JPMorgan Chase & Co. lowered their price objective on shares of DICK’S Sporting Goods from $270.00 to $245.00 and set an “overweight” rating on the stock in a research report on Monday. 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 stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $170.22.

View Our Latest Stock Report on DKS

Key DICK’S Sporting Goods News

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

  • Positive Sentiment: Oppenheimer maintained a Buy rating on DICK’S Sporting Goods, indicating that the firm still sees meaningful upside despite the recent selloff. Oppenheimer Remains a Buy on Dick’s Sporting Goods
  • Positive Sentiment: Citigroup kept a Buy rating, though it cut its price target to $190 from $280. The revised target still implies substantial potential upside based on the reference price. Citigroup Lowers DICK’S Sporting Goods Price Target
  • Neutral Sentiment: Commentary from Jim Cramer and a Zacks article focused on DKS’s post-earnings outlook and dividend appeal, offering investor perspective but no clear new fundamental catalyst. Jim Cramer Remarks on DICK’S Sporting Goods DICK’S Sporting Goods Could Be a Great Choice
  • Negative Sentiment: DICK’S reported quarterly EPS of $3.53 versus the $3.74 consensus estimate, while revenue of $5.59 billion also missed expectations. EPS declined from $4.38 a year earlier, despite strong reported revenue growth, raising concerns about profitability and guidance.
  • Negative Sentiment: Telsey downgraded DKS to Market Perform and slashed its target to $145 from $255. Bank of America reduced its target to $200, while BTIG and DA Davidson issued pessimistic forecasts, reinforcing concerns about the earnings outlook. Analyst Target Changes
  • Negative Sentiment: Several law firms—including Levi & Korsinsky, Block & Leviton, BFA Law, Pomerantz, and Kaplan Fox—announced investigations into potential securities-law violations. These announcements are typically investor solicitations and do not establish wrongdoing, but they add headline and litigation risk. DKS Investor Alert

About DICK’S Sporting Goods

(Get Free Report)

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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