DICK'S Sporting Goods, Inc. $DKS Stake Reduced by Copeland Capital Management LLC

Key Points

• Copeland Capital Management reduced its DICK’S Sporting Goods stake by 10% in the third quarter, selling 12,132 shares and retaining 109,301 shares valued at approximately $14.7 million.
• Analyst sentiment is mixed, with 11 Buy, nine Hold and three Sell ratings; the stock carries a consensus Hold rating and a $166.85 price target. DICK’S recently reported quarterly EPS of $3.53, below the $3.74 estimate, while revenue rose 53.2% year over year.
• Investors face a November 3, 2026 lead-plaintiff deadline in a securities class action concerning Foot Locker integration and a subsequent guidance reduction; the allegations remain unproven and no settlement or judgment has been announced.

Copeland Capital Management LLC decreased its holdings in shares of DICK'S Sporting Goods, Inc. (NYSE:DKS - Free Report) by 10.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 109,301 shares of the sporting goods retailer's stock after selling 12,132 shares during the quarter. Copeland Capital Management LLC owned approximately 0.12% of DICK'S Sporting Goods worth $14,678,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. BlackRock Inc. bought a new position in shares of DICK'S Sporting Goods in the 2nd quarter valued at about $1,501,321,000. Bank of America Corp DE bought a new stake in DICK'S Sporting Goods during the second quarter worth about $1,024,000,000. Darsana Capital Partners LP boosted its position in DICK'S Sporting Goods by 9.1% during the second quarter. Darsana Capital Partners LP now owns 1,500,000 shares of the sporting goods retailer's stock valued at $340,215,000 after purchasing an additional 125,000 shares during the last quarter. Maverick Capital Ltd. boosted its position in DICK'S Sporting Goods by 25.3% during the first quarter. Maverick Capital Ltd. now owns 1,044,903 shares of the sporting goods retailer's stock valued at $207,194,000 after purchasing an additional 210,654 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new position in DICK'S Sporting Goods in the second quarter valued at approximately $128,943,000. Institutional investors own 89.83% of the company's stock.

Insider Transactions at DICK'S Sporting Goods

In related news, Director Mark Barrenechea acquired 17,000 shares of the company's stock in a transaction dated Thursday, August 27th. The shares were bought at an average cost of $130.72 per share, with a total value of $2,222,240.00. Following the completion of the transaction, the director directly owned 25,977 shares of the company's stock, valued at $3,395,713.44. This trade represents a 189.37% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director William Colombo acquired 5,000 shares of the company's stock in a transaction dated Wednesday, August 26th. The stock was bought 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 approximately $23,039,206.64. This trade represents a 2.87% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders acquired 42,795 shares of company stock valued at $5,588,641. Corporate insiders own 28.91% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on DKS. Loop Capital reiterated a "hold" rating and set a $140.00 price objective on shares of DICK'S Sporting Goods in a research note on Tuesday, August 25th. Weiss Ratings cut shares of DICK'S Sporting Goods from a "hold (c+)" rating to a "hold (c)" rating in a research note on Wednesday, September 16th. Oppenheimer decreased their target price on shares of DICK'S Sporting Goods from $270.00 to $150.00 and set an "outperform" rating for the company in a research note on Wednesday, August 26th. Robert W. Baird downgraded shares of DICK'S Sporting Goods from an "outperform" rating to a "neutral" rating and set a $150.00 target price on the stock. in a report on Monday, September 14th. Finally, Morgan Stanley dropped their price target on shares of DICK'S Sporting Goods from $270.00 to $180.00 and set an "overweight" rating on the stock in a research report on Wednesday, August 26th. Eleven equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $166.85.

DICK'S Sporting Goods News Roundup

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

• Neutral Sentiment: Several law firms, including Rosen Law Firm, Kaplan Fox, Pomerantz and Glancy Prongay Wolke & Rotter, reminded investors of a November 3, 2026 deadline to seek appointment as lead plaintiff in a securities class action involving DICK’S Sporting Goods shares purchased between September 8, 2025, and August 24, 2026. Rosen investor deadline notice
• Negative Sentiment: The lawsuit reportedly centers on statements regarding the integration of Foot Locker following the acquisition and the company’s subsequent guidance reduction in August 2026. One alert says the guidance cut was followed by a reported $55.02 per-share decline. If the claims advance, DICK’S could face litigation costs, management distraction and potential financial liability, although the allegations have not been proven. DKS shareholder alert
• Neutral Sentiment: The notices are largely duplicative law-firm solicitations tied to the same case and deadline; they do not announce a new judgment, settlement or regulatory finding. Investors should distinguish the legal allegations from confirmed changes to DICK’S business performance. Kaplan Fox deadline announcement

DICK'S Sporting Goods Trading Up 0.2%

DICK'S Sporting Goods stock opened at $137.66 on Wednesday. DICK'S Sporting Goods, Inc. has a 52 week low of $120.15 and a 52 week high of $244.38. 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 stock has a market capitalization of $12.24 billion, a P/E ratio of 14.79, a PEG ratio of 2.60 and a beta of 1.09. The stock has a 50-day simple moving average of $150.78 and a 200 day simple moving average of $194.10.

DICK'S Sporting Goods (NYSE:DKS - Get Free Report) last released its quarterly earnings data on Tuesday, August 25th. The sporting goods retailer reported $3.53 earnings per share (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 the consensus estimate of $5.64 billion. During the same quarter in the prior year, the company earned $4.38 EPS. DICK'S Sporting Goods's quarterly 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. 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 business also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Friday, September 11th were issued a $1.25 dividend. This represents a $5.00 annualized dividend and a dividend yield of 3.6%. The ex-dividend date was Friday, September 11th. DICK'S Sporting Goods's payout ratio is currently 53.71%.

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 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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