12,000 Shares of DICK'S Sporting Goods, Inc. $DKS Bought by International Assets Investment Management LLC

Key Points

• International Assets Investment Management opened a position in DICK’S Sporting Goods, buying 12,000 shares worth about $1.61 million in the third quarter.
• Institutional ownership stands at 89.83%, while analyst views are mixed: 12 rate the stock Buy, nine Hold and three Sell; the average rating is Hold, with a $167.53 price target.
• DICK’S reported quarterly EPS of $3.53 and revenue of $5.59 billion, both below analyst expectations. The company’s fiscal 2026 EPS guidance is $11 to $12.

International Assets Investment Management LLC bought a new stake in DICK'S Sporting Goods, Inc. (NYSE:DKS - Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 12,000 shares of the sporting goods retailer's stock, valued at approximately $1,611,000.

Other hedge funds have also recently bought and sold shares of the company. D.A. Davidson & CO. bought a new stake in shares of DICK'S Sporting Goods during the 3rd quarter worth approximately $330,000. Pinnacle Wealth Planning Services Inc. increased its holdings in DICK'S Sporting Goods by 241.2% during the third quarter. Pinnacle Wealth Planning Services Inc. now owns 290 shares of the sporting goods retailer's stock worth $39,000 after buying an additional 205 shares during the last quarter. Oppenheimer & Co. Inc. increased its holdings in DICK'S Sporting Goods by 118.2% during the third quarter. Oppenheimer & Co. Inc. now owns 12,794 shares of the sporting goods retailer's stock worth $1,718,000 after buying an additional 6,931 shares during the last quarter. Lakewood Asset Management LLC increased its holdings in DICK'S Sporting Goods by 8.1% during the third quarter. Lakewood Asset Management LLC now owns 8,675 shares of the sporting goods retailer's stock worth $1,165,000 after buying an additional 651 shares during the last quarter. Finally, Apollon Wealth Management LLC bought a new stake in DICK'S Sporting Goods during the third quarter worth $250,000. 89.83% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have commented on DKS shares. BTIG Research cut 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 lowered their price objective on shares of DICK'S Sporting Goods from $280.00 to $190.00 and set a "buy" rating on the stock in a research note on Thursday, August 27th. Wolfe Research initiated coverage on shares of DICK'S Sporting Goods in a report on Wednesday, October 21st. They issued an "outperform" rating and a $181.00 target price on the stock. Wall Street Zen upgraded shares of DICK'S Sporting Goods from a "sell" rating to a "hold" rating in a research note on Saturday, October 17th. Finally, UBS Group reduced their price target on DICK'S Sporting Goods from $275.00 to $178.00 and set a "buy" rating for the company in a report on Thursday, August 27th. Twelve equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat.com, DICK'S Sporting Goods presently has an average rating of "Hold" and an average price target of $167.53.

Key Headlines Impacting DICK'S Sporting Goods

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

• Positive Sentiment: DICK’S opened an AI hub in Bengaluru and plans to create 400 technology jobs, which could expand its technology capabilities over time. Article: DICK'S Sporting Goods Opens Bengaluru AI Hub
• Neutral Sentiment: The company is scheduled to report fiscal third-quarter results before the market opens on November 24, giving investors a near-term update on performance. Article: Third Quarter Results Call Scheduled
• Negative Sentiment: Multiple law-firm alerts concern the same pending securities class action, with a lead-plaintiff deadline of November 3. The complaint alleges that statements about Foot Locker’s inventory cleanup and margin expansion were followed by a weaker sales outlook and pressure on DKS shares; these remain allegations, not findings. The litigation creates reputational and potential financial uncertainty. Article: Class Action Lawsuit Deadline Alert
• Negative Sentiment: Zacks Research trimmed several future EPS forecasts, including FY2027 from $11.49 to $11.43, and maintained a “Strong Sell” rating. The reductions are modest, but add to concerns about the earnings outlook. MarketBeat DKS coverage

Insider Buying and Selling at DICK'S Sporting Goods

In related news, insider Matthew Barnes acquired 3,665 shares of the stock in a transaction on Wednesday, September 30th. The shares were purchased at an average price of $136.39 per share, for a total transaction of $499,869.35. Following the purchase, the insider directly owned 11,965 shares in the company, valued at approximately $1,631,906.35. The trade was a 44.16% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Larry Jr. Fitzgerald acquired 1,860 shares of the stock in a transaction on Wednesday, September 23rd. The shares were bought at an average price of $131.67 per share, for a total transaction of $244,906.20. Following the purchase, the director owned 15,199 shares in the company, valued at approximately $2,001,252.33. This trade represents a 13.94% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have acquired a total of 42,795 shares of company stock valued at $5,588,641 over the last ninety days. 28.91% of the stock is owned by corporate insiders.

DICK'S Sporting Goods Trading Down 4.1%

Shares of DICK'S Sporting Goods stock opened at $136.41 on Wednesday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.36 and a current ratio of 1.49. The firm has a 50-day moving average of $135.50 and a 200-day moving average of $191.84. DICK'S Sporting Goods, Inc. has a 52-week low of $120.15 and a 52-week high of $244.38. The stock has a market cap of $12.13 billion, a PE ratio of 14.65, a PEG ratio of 2.70 and a beta of 1.09.

DICK'S Sporting Goods (NYSE:DKS - Get Free Report) last released 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). The business had revenue of $5.59 billion for the quarter, compared to the consensus estimate of $5.64 billion. DICK'S Sporting Goods had a return on equity of 19.21% and a net margin of 3.97%. DICK'S Sporting Goods's revenue was up 53.2% compared to the same quarter last year. During the same period in the prior year, the business posted $4.38 earnings per share. DICK'S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. As a group, sell-side analysts forecast that DICK'S Sporting Goods, Inc. will post 11.68 EPS for the current year.

DICK'S Sporting Goods Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Friday, September 11th were given a dividend of $1.25 per share. The ex-dividend date of this dividend was Friday, September 11th. This represents a $5.00 dividend on an annualized basis and a yield of 3.7%. DICK'S Sporting Goods's dividend payout ratio is currently 53.71%.

About DICK'S Sporting Goods

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.

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