Amundi Sells 9,285 Shares of DICK'S Sporting Goods, Inc. $DKS

Amundi lowered its stake in DICK'S Sporting Goods, Inc. (NYSE:DKS - Free Report) by 6.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 138,966 shares of the sporting goods retailer's stock after selling 9,285 shares during the period. Amundi owned 0.16% of DICK'S Sporting Goods worth $31,519,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DKS. Harbor Investment Advisory LLC bought a new position in DICK'S Sporting Goods in the 1st quarter valued at approximately $30,000. Elyxium Wealth LLC bought a new stake in DICK'S Sporting Goods during the 4th quarter worth approximately $35,000. SHP Wealth Management acquired a new position in DICK'S Sporting Goods in the 4th quarter valued at approximately $38,000. Fideuram Asset Management Ireland dac acquired a new position in DICK'S Sporting Goods in the 4th quarter valued at approximately $44,000. Finally, Clearstead Advisors LLC raised its stake in shares of DICK'S Sporting Goods by 68.8% during the fourth quarter. Clearstead Advisors LLC now owns 243 shares of the sporting goods retailer's stock valued at $48,000 after acquiring an additional 99 shares during the last quarter. Institutional investors own 89.83% of the company's stock.

DICK'S Sporting Goods Price Performance

Shares of DKS opened at $133.30 on Friday. The firm has a market cap of $11.93 billion, a PE ratio of 14.32, a price-to-earnings-growth ratio of 1.55 and a beta of 1.11. DICK'S Sporting Goods, Inc. has a 52-week low of $120.40 and a 52-week high of $244.38. The business's 50 day moving average price is $187.46 and its two-hundred day moving average price is $204.87. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.36 and a current ratio of 1.49.

DICK'S Sporting Goods (NYSE:DKS - Get Free Report) last released its earnings results on Tuesday, August 25th. The sporting goods retailer reported $3.53 earnings per share (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 quarter in the previous year, the firm earned $4.38 EPS. The firm's 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. On average, equities analysts anticipate that DICK'S Sporting Goods, Inc. will post 11.7 EPS for the current year.

DICK'S Sporting Goods Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be paid a $1.25 dividend. The ex-dividend date is Friday, September 11th. This represents a $5.00 annualized dividend and a dividend yield of 3.8%. DICK'S Sporting Goods's dividend payout ratio (DPR) is currently 53.71%.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. JPMorgan Chase & Co. dropped their price target 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, August 24th. Wells Fargo & Company decreased their price objective on shares of DICK'S Sporting Goods from $240.00 to $185.00 and set an "overweight" rating for the company in a research report on Tuesday, August 25th. Morgan Stanley lowered their target price on shares of DICK'S Sporting Goods from $270.00 to $180.00 and set an "overweight" rating for the company in a research note on Wednesday, August 26th. Telsey Advisory Group reissued a "market perform" rating and set a $145.00 target price (down from $255.00) on shares of DICK'S Sporting Goods in a research note on Wednesday, August 26th. Finally, BNP Paribas Exane restated an "underperform" rating and issued a $99.00 target price on shares of DICK'S Sporting Goods in a report on Wednesday, August 26th. Twelve equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, DICK'S Sporting Goods presently has an average rating of "Hold" and a consensus target price of $167.20.

Insider Transactions at DICK'S Sporting Goods

In other DICK'S Sporting Goods news, Director Robert W. Eddy acquired 4,000 shares of the stock in a transaction on Wednesday, August 26th. The shares were purchased at an average price of $128.69 per share, for a total transaction of $514,760.00. Following the completion of the acquisition, the director owned 10,886 shares in the company, valued at approximately $1,400,919.34. This represents a 58.09% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director William J. Colombo acquired 913 shares of DICK'S Sporting Goods stock in a transaction dated Tuesday, September 1st. The shares were acquired at an average price of $133.19 per share, with a total value of $121,602.47. Following the completion of the acquisition, the director directly owned 181,000 shares of the company's stock, valued at approximately $24,107,390. The trade was a 0.51% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders acquired 29,563 shares of company stock valued at $3,843,882. 28.91% of the stock is currently owned by corporate insiders.

Key DICK'S Sporting Goods News

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

• Positive Sentiment: Traders purchased a large volume of DKS call options, indicating some investors are positioning for a potential rebound despite the recent weakness. Stock Traders Purchase Large Volume of DICK'S Sporting Goods Call Options
• Neutral Sentiment: Several law firms reminded shareholders that November 3, 2026 is the deadline to seek lead-plaintiff status in a securities class action covering investors who purchased DKS shares between September 8, 2025 and August 24, 2026. These notices repeat the same lawsuit and do not represent new operating developments. ROSEN securities class action notice
• Negative Sentiment: The securities lawsuit alleges that DICK’S and certain executives violated federal securities laws in connection with statements about the Foot Locker integration. Investor alerts say the case followed an August guidance cut that was associated with a reported $55.02-per-share decline. The allegations have not been proven, but the litigation creates legal, reputational and potential financial risks. DKS shareholder alert and class action details
• Negative Sentiment: Zacks Research lowered its EPS forecasts across fiscal 2027 through fiscal 2029, including fiscal 2027 EPS from $14.10 to $11.49 and fiscal 2028 EPS from $16.26 to $13.43. Zacks maintains a “Strong Sell” rating, reinforcing concerns about DICK’S longer-term earnings outlook.
• Negative Sentiment: The pressure follows DICK’S latest quarterly results, which missed analysts’ EPS and revenue expectations, while quarterly EPS declined year over year despite revenue growth driven partly by the Foot Locker acquisition.

DICK'S Sporting Goods Profile

DICK'S Sporting Goods, Inc is a leading American sporting goods retailer that sells athletic equipment, apparel, footwear and accessories for a broad range of sports and outdoor activities. Its merchandise includes products for fitness, team sports, golf, running, hunting, fishing and camping, as well as casual and performance-oriented clothing and footwear.

The company operates through its DICK'S Sporting Goods stores and e-commerce platform, along with specialty and concept businesses including Golf Galaxy, Public Lands and House of Sport locations.

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