Cantor Fitzgerald Investment Advisors L.P. Buys New Stake in DICK'S Sporting Goods, Inc. $DKS

Key Points

• Cantor Fitzgerald Investment Advisors initiated a stake of 10,050 DICK’S Sporting Goods shares worth approximately $1.35 million in the third quarter. Institutional investors collectively own 89.83% of the company.
• Analyst sentiment is mixed: 12 analysts rate the stock a Buy, nine rate it Hold and three rate it Sell, resulting in a consensus Hold rating and a $167.53 price target.
• DICK’S reported quarterly EPS of $3.53, below the $3.74 estimate, while revenue reached $5.59 billion. The company also faces securities-class-action allegations related to its Foot Locker acquisition, with investors facing a November 3, 2026 lead-plaintiff deadline.

Cantor Fitzgerald Investment Advisors L.P. purchased a new stake in DICK'S Sporting Goods, Inc. (NYSE:DKS - Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 10,050 shares of the sporting goods retailer's stock, valued at approximately $1,350,000.

Other large investors have also recently modified their holdings of the company. Harbor Investment Advisory LLC acquired a new stake in DICK'S Sporting Goods in the first quarter valued at $30,000. Versant Capital Management Inc raised its position in DICK'S Sporting Goods by 34.3% during the 3rd quarter. Versant Capital Management Inc now owns 333 shares of the sporting goods retailer's stock worth $45,000 after purchasing an additional 85 shares during the last quarter. Ancora Advisors LLC bought a new position in DICK'S Sporting Goods during the 2nd quarter worth $83,000. Livforsakringsbolaget Skandia Omsesidigt acquired a new position in DICK'S Sporting Goods during the 2nd quarter worth about $91,000. Finally, Persistent Asset Partners Ltd acquired a new position in DICK'S Sporting Goods during the 2nd quarter worth about $100,000. Institutional investors own 89.83% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on DKS shares. Jefferies Financial Group set a $171.00 price target on DICK'S Sporting Goods in a research report on Tuesday, August 25th. Wolfe Research assumed coverage on DICK'S Sporting Goods in a research report on Wednesday. They set an "outperform" rating and a $181.00 price objective for the company. Citigroup cut their price objective on 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. BMO Capital Markets started coverage on DICK'S Sporting Goods in a report on Tuesday, September 8th. They issued an "underperform" rating and a $110.00 target price on the stock. Finally, The Goldman Sachs Group reduced their target price on DICK'S Sporting Goods from $271.00 to $170.00 and set a "buy" rating on the stock in a report on Wednesday, August 26th. Twelve equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $167.53.

Key DICK'S Sporting Goods News

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

• Neutral Sentiment: Multiple firms, including Rosen Law Firm deadline notice Rosen Law Firm and Kaplan Fox deadline notice Kaplan Fox, reminded investors that November 3, 2026 is the deadline to seek lead-plaintiff status. These notices are primarily solicitations for shareholder participation and are not evidence that the allegations have been proven.
• Negative Sentiment: The underlying lawsuit alleges that DICK'S misled investors about the condition of Foot Locker after its acquisition, particularly by suggesting inventory and promotional problems had been resolved while the business allegedly remained burdened by stagnant legacy footwear. Levi and Korsinsky lawsuit notice
• Negative Sentiment: Several additional firms announced or promoted the same securities-fraud action covering investors who bought DKS shares from September 8, 2025 through August 24, 2026. If the claims advance, DICK'S could face litigation costs, management distraction, and potential damages, adding risk after the company’s recent quarterly earnings miss and lower year-over-year EPS.

DICK'S Sporting Goods Trading Up 4.9%

NYSE DKS opened at $148.93 on Friday. The stock has a market capitalization of $13.24 billion, a P/E ratio of 16.00, a P/E/G ratio of 2.69 and a beta of 1.09. The business has a 50 day simple moving average of $142.16 and a 200 day simple moving average of $191.66. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.49 and a quick ratio of 0.36. DICK'S Sporting Goods, Inc. has a one year low of $120.15 and a one year 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 the consensus estimate 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 company had revenue of $5.59 billion for the quarter, compared to analyst estimates of $5.64 billion. During the same period last year, the business earned $4.38 EPS. The business's quarterly revenue was up 53.2% compared to the same quarter last year. DICK'S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. Research analysts expect that DICK'S Sporting Goods, Inc. will post 11.69 earnings per share for the current year.

DICK'S Sporting Goods Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Friday, September 11th were issued a $1.25 dividend. The ex-dividend date was Friday, September 11th. This represents a $5.00 annualized dividend and a yield of 3.4%. DICK'S Sporting Goods's dividend payout ratio is presently 53.71%.

Insiders Place Their Bets

In other news, Director Robert W. Eddy bought 4,000 shares of the stock in a transaction dated Wednesday, August 26th. The shares were bought at an average cost of $128.69 per share, with a total value of $514,760.00. Following the completion of the transaction, the director directly owned 10,886 shares of the company's stock, valued at $1,400,919.34. This trade represents a 58.09% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director William J. Colombo bought 5,000 shares of the 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 completion of the transaction, the director directly owned 178,987 shares of the company's stock, valued at $23,039,206.64. This trade represents a 2.87% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last quarter, insiders have purchased 42,795 shares of company stock valued at $5,588,641. 28.91% of the stock is currently owned by corporate insiders.

DICK'S Sporting Goods Company Profile

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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