Loring Wolcott & Coolidge Fiduciary Advisors LLP MA Purchases 88,685 Shares of DICK'S Sporting Goods, Inc. $DKS

Key Points

• Loring Wolcott & Coolidge Fiduciary Advisors increased its DICK’S Sporting Goods position by 46.8%, purchasing 88,685 shares and bringing its total holdings to 278,315 shares valued at approximately $37.4 million.
• DICK’S insiders have also been buying shares, with insiders purchasing 42,795 shares worth about $5.6 million over the past 90 days. Institutional investors collectively own 89.83% of the company.
• Analyst sentiment is mixed: the stock has a consensus “Hold” rating and a $167.53 price target, while the company recently missed quarterly earnings and revenue estimates but reported 53.2% year-over-year revenue growth.

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA raised its position in DICK'S Sporting Goods, Inc. (NYSE:DKS - Free Report) by 46.8% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 278,315 shares of the sporting goods retailer's stock after acquiring an additional 88,685 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA owned about 0.31% of DICK'S Sporting Goods worth $37,375,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in DKS. Harbor Investment Advisory LLC acquired a new stake in shares of DICK'S Sporting Goods during the 1st quarter worth approximately $30,000. Versant Capital Management Inc raised its stake in shares of DICK'S Sporting Goods by 34.3% in the third quarter. Versant Capital Management Inc now owns 333 shares of the sporting goods retailer's stock valued at $45,000 after purchasing an additional 85 shares in the last quarter. Ancora Advisors LLC acquired a new position in shares of DICK'S Sporting Goods in the second quarter valued at $83,000. Livforsakringsbolaget Skandia Omsesidigt acquired a new position in shares of DICK'S Sporting Goods in the second quarter valued at $91,000. Finally, Persistent Asset Partners Ltd bought a new position in DICK'S Sporting Goods in the second quarter worth $100,000. Institutional investors and hedge funds own 89.83% of the company's stock.

Insider Activity at DICK'S Sporting Goods

In related news, insider Matthew Barnes acquired 3,665 shares of the business's stock in a transaction on Wednesday, September 30th. The stock was 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 in the company, valued at $1,631,906.35. The trade was a 44.16% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director William Colombo bought 5,000 shares of DICK'S Sporting Goods stock in a transaction dated Wednesday, August 26th. The stock was purchased at an average price of $128.72 per share, for a total transaction of $643,600.00. Following the purchase, the director directly owned 178,987 shares in the company, valued at $23,039,206.64. This represents a 2.87% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders purchased 42,795 shares of company stock valued at $5,588,641. Insiders own 28.91% of the company's stock.

Wall Street Analysts Forecast Growth

DKS has been the topic of a number of recent research reports. Truist Financial decreased their price target on shares of DICK'S Sporting Goods from $135.00 to $128.00 and set a "hold" rating on the stock in a research note on Thursday, October 1st. Morgan Stanley lowered 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 report on Wednesday, August 26th. Barclays dropped their price objective on shares of DICK'S Sporting Goods from $280.00 to $150.00 and set an "overweight" rating for the company in a research note on Wednesday, August 26th. The Goldman Sachs Group reduced their price objective on shares of 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, UBS Group decreased their target price on shares of DICK'S Sporting Goods from $275.00 to $178.00 and set a "buy" rating on the stock in a research report on Thursday, August 27th. Twelve analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price 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: Wolfe Research began coverage of DICK’S Sporting Goods with an “outperform” rating and an $181 target, providing a favorable analyst catalyst and suggesting confidence in the company’s longer-term prospects. Wolfe Research coverage
• Neutral Sentiment: Several investor-rights law firms reiterated notices about the same securities class action and the November 3, 2026 lead-plaintiff deadline. The notices primarily seek investor participation and do not represent a court finding that DICK’S violated securities laws. Kaplan Fox class action notice
• Negative Sentiment: The shareholder lawsuit alleges that DICK’S and certain executives misled investors about whether Foot Locker’s inventory and promotional issues had been resolved after the acquisition. The complaint reportedly claims the acquired business remained dependent on stagnant legacy footwear, creating potential legal costs, reputational risk and uncertainty around the transaction’s earnings contribution. The class period covers September 8, 2025 through August 24, 2026. DKS shareholder alert

DICK'S Sporting Goods Trading Down 0.0%

DKS stock opened at $144.62 on Monday. DICK'S Sporting Goods, Inc. has a 1-year low of $120.15 and a 1-year high of $244.38. 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 business's 50 day moving average is $141.01 and its 200-day moving average is $191.27. The firm has a market cap of $12.86 billion, a P/E ratio of 15.53, a P/E/G ratio of 2.74 and a beta of 1.09.

DICK'S Sporting Goods (NYSE:DKS - Get Free Report) last posted its 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). The company 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 quarterly revenue was up 53.2% compared to the same quarter last year. During the same quarter last year, the business earned $4.38 EPS. DICK'S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. Equities analysts anticipate that DICK'S Sporting Goods, Inc. will post 11.69 earnings per share for the current fiscal year.

DICK'S Sporting Goods Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Friday, September 11th were paid a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a yield of 3.5%. The ex-dividend date was Friday, September 11th. DICK'S Sporting Goods's dividend 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 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.

Want to see what other hedge funds are holding DKS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DICK'S Sporting Goods, Inc. (NYSE:DKS - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.