DICK'S Sporting Goods, Inc. $DKS Shares Acquired by Dupree Financial Group LLC

Key Points

• Dupree Financial Group nearly doubled its DICK’S Sporting Goods position in the third quarter, adding 17,918 shares to own 36,657 shares valued at approximately $4.9 million. Institutional investors and hedge funds collectively own 89.83% of the company.
• Analyst sentiment is mixed, with 11 Buy, nine Hold and three Sell ratings; the consensus rating is Hold with a $166.85 price target. Recent targets were reduced by several firms following the company’s weaker-than-expected quarterly results.
• DICK’S reported quarterly EPS of $3.53, below the $3.74 consensus estimate, while revenue rose 53.2% year over year to $5.59 billion. The company pays a quarterly dividend of $1.25 per share, equivalent to a 3.7% yield.

Dupree Financial Group LLC boosted its holdings in DICK'S Sporting Goods, Inc. (NYSE:DKS - Free Report) by 95.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,657 shares of the sporting goods retailer's stock after purchasing an additional 17,918 shares during the period. DICK'S Sporting Goods comprises about 1.3% of Dupree Financial Group LLC's portfolio, making the stock its 21st largest holding. Dupree Financial Group LLC's holdings in DICK'S Sporting Goods were worth $4,923,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. BlackRock Inc. bought a new position in DICK'S Sporting Goods in the second quarter valued at approximately $1,501,321,000. Bank of America Corp DE acquired a new stake in shares of DICK'S Sporting Goods in the 2nd quarter valued at approximately $1,024,000,000. Bank of New York Mellon Corp bought a new position in shares of DICK'S Sporting Goods in the second quarter valued at $128,943,000. Atreides Management LP acquired a new position in DICK'S Sporting Goods during the second quarter worth $85,081,000. Finally, Sachem Head Capital Management LP increased its holdings in DICK'S Sporting Goods by 21.0% during the fourth quarter. Sachem Head Capital Management LP now owns 1,220,000 shares of the sporting goods retailer's stock worth $241,523,000 after buying an additional 211,400 shares during the last quarter. 89.83% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Bank of America decreased their price objective on shares of DICK'S Sporting Goods from $245.00 to $200.00 and set a "buy" rating for the company in a research report on Wednesday, August 26th. BNP Paribas Exane reaffirmed an "underperform" rating and issued a $99.00 target price on shares of DICK'S Sporting Goods in a report on Wednesday, August 26th. Jefferies Financial Group set a $171.00 target price on shares of DICK'S Sporting Goods in a research note on Tuesday, August 25th. The Goldman Sachs Group reduced their price target on DICK'S Sporting Goods from $271.00 to $170.00 and set a "buy" rating for the company in a report on Wednesday, August 26th. Finally, JPMorgan Chase & Co. lowered their price target on 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. Eleven analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $166.85.

Insider Activity at DICK'S Sporting Goods

In other DICK'S Sporting Goods news, insider Matthew Barnes bought 3,665 shares of the stock in a transaction dated Wednesday, September 30th. The shares were bought at an average cost of $136.39 per share, with a total value of $499,869.35. Following the completion of the acquisition, the insider owned 11,965 shares of the company's stock, valued at $1,631,906.35. This trade represents a 44.16% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Mark Barrenechea purchased 17,000 shares of the company's stock in a transaction dated Thursday, August 27th. The stock was acquired at an average price of $130.72 per share, with a total value of $2,222,240.00. Following the completion of the transaction, the director owned 25,977 shares of the company's stock, valued at $3,395,713.44. This represents a 189.37% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders purchased 42,795 shares of company stock valued at $5,588,641. 28.91% of the stock is currently owned by company insiders.

DICK'S Sporting Goods Price Performance

DICK'S Sporting Goods stock opened at $136.44 on Friday. The company has a current ratio of 1.49, a quick ratio of 0.36 and a debt-to-equity ratio of 0.33. The company has a market capitalization of $12.13 billion, a price-to-earnings ratio of 14.66, a PEG ratio of 2.55 and a beta of 1.09. The stock's 50 day moving average is $153.30 and its 200-day moving average is $194.88. DICK'S Sporting Goods, Inc. has a 12 month low of $120.15 and a 12 month high of $244.38.

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 the consensus estimate 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 business had revenue of $5.59 billion during the quarter, compared to analyst estimates of $5.64 billion. During the same quarter last year, the company posted $4.38 earnings per share. The company'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. Equities research analysts expect that DICK'S Sporting Goods, Inc. will post 11.69 EPS for the current year.

DICK'S Sporting Goods Announces Dividend

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

Trending Headlines about DICK'S Sporting Goods

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

• Positive Sentiment: One analysis argues that DICK’S shares look undervalued after a roughly 38% slide, implying that the stock may offer recovery potential if the company stabilizes Foot Locker’s operations and earnings. DICK'S Sporting Goods Stock Looks Undervalued
• Neutral Sentiment: Multiple law firms are publicizing a securities class action covering investors who purchased DKS shares from September 8, 2025, through August 24, 2026. The November 3, 2026, lead-plaintiff deadline is an administrative milestone, and the allegations have not been proven. Rosen Securities Class Action Notice
• Negative Sentiment: The litigation campaign alleges that DICK’S misled investors about the Foot Locker acquisition and the condition of Foot Locker’s inventory and promotional challenges. One notice highlights an alleged reduction in Foot Locker comparable-sales guidance from growth of 1.5%-3.0% to a decline of 2.0% to 0.0%, raising concerns about integration, demand, and potential legal costs. Moore Law Investor Action Notice
• Negative Sentiment: Separate reports are drawing attention to weaker free cash flow and renewed scrutiny of DICK’S dividend coverage. This could limit shareholder returns or increase concerns about the sustainability of the payout, particularly as the company manages the Foot Locker integration. DICK'S Dividend Faces Scrutiny

DICK'S Sporting Goods Profile

DICK'S Sporting Goods, Inc is a U.S.-based omnichannel sporting goods retailer that sells athletic apparel, footwear, sports equipment and related 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 DICK'S Sporting Goods stores and digital platforms, offering products from major athletic brands as well as private-label merchandise. Its retail portfolio also includes specialized concepts such as Golf Galaxy, Public Lands and House of Sport, which provide more focused assortments and, in some locations, services and experiences tailored to particular sports and outdoor activities.

DICK'S traces its history to 1948, when Richard “Dick” Stack opened a fishing-tackle store in Binghamton, New York.

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