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Nykredit A S Makes New $7.04 Million Investment in DICK'S Sporting Goods, Inc. $DKS

DICK'S Sporting Goods logo with Consumer Discretionary background
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Key Points

  • Nykredit A/S bought 31,028 DICK’S Sporting Goods shares worth approximately $7.04 million during the second quarter. Institutional investors and hedge funds collectively own 89.83% of the company.
  • DICK’S reported quarterly EPS of $3.53, below the $3.74 consensus estimate, while revenue of $5.59 billion also missed expectations. The company issued fiscal 2026 EPS guidance of $11.00–$12.00 amid pressure from Foot Locker weakness, promotions and higher costs.
  • Analyst sentiment is mixed, with a consensus “Hold” rating and an average price target of $170.22; the stock recently traded near $139.33. Directors have been buying shares, and the company maintains a quarterly dividend of $1.25, equivalent to a 3.6% annual yield.
  • Five stocks to consider instead of DICK'S Sporting Goods.

Nykredit A S purchased a new stake in DICK'S Sporting Goods, Inc. (NYSE:DKS - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 31,028 shares of the sporting goods retailer's stock, valued at approximately $7,037,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Senator Investment Group LP purchased a new position in shares of DICK'S Sporting Goods in the second quarter worth approximately $45,362,000. The Manufacturers Life Insurance Company purchased a new stake in shares of DICK'S Sporting Goods in the 2nd quarter valued at approximately $11,466,000. Connor Clark & Lunn Investment Management Ltd. acquired a new position in DICK'S Sporting Goods in the 2nd quarter worth approximately $18,448,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in DICK'S Sporting Goods by 5.9% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 369,928 shares of the sporting goods retailer's stock worth $83,903,000 after purchasing an additional 20,503 shares during the period. Finally, Montanova Capital LLC purchased a new position in DICK'S Sporting Goods during the 2nd quarter worth approximately $34,321,000. Institutional investors and hedge funds own 89.83% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have issued reports on DKS. Oppenheimer cut their target price on shares of DICK'S Sporting Goods from $270.00 to $150.00 and set an "outperform" rating on the stock in a research note on Wednesday, August 26th. Truist Financial lowered DICK'S Sporting Goods from a "buy" rating to a "hold" rating and dropped their price target for the company from $270.00 to $135.00 in a research report on Wednesday, August 26th. DA Davidson reduced their price objective on DICK'S Sporting Goods from $260.00 to $205.00 and set a "buy" rating for the company in a research note on Wednesday, August 26th. Loop Capital restated a "hold" rating and set a $140.00 price objective on shares of DICK'S Sporting Goods in a research report on Tuesday, August 25th. Finally, Citigroup lowered their target price 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. Twelve analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $170.22.

Check Out Our Latest Report on DKS

Insider Transactions at DICK'S Sporting Goods

In other DICK'S Sporting Goods news, Director Robert W. Eddy bought 4,000 shares of DICK'S Sporting Goods stock in a transaction on Wednesday, August 26th. The stock was purchased at an average cost of $128.69 per share, for a total transaction of $514,760.00. Following the completion of the purchase, the director directly owned 10,886 shares of the company's stock, valued at $1,400,919.34. The trade was a 58.09% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Mark J. Barrenechea bought 17,000 shares of the firm's stock in a transaction on Thursday, August 27th. The stock was acquired 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 approximately $3,395,713.44. This represents a 189.37% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired 29,563 shares of company stock valued at $3,843,882 in the last quarter. Corporate insiders own 28.91% of the company's stock.

Trending Headlines about DICK'S Sporting Goods

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

  • Positive Sentiment: Director William Colombo purchased 913 DKS shares for approximately $121,600, increasing his direct ownership to 181,000 shares. Recent insider buying may signal that company directors view the selloff as an attractive entry point. DICK'S Sporting Goods Director Acquires 913 Shares of Stock
  • Neutral Sentiment: DKS now trades at a materially lower valuation and offers an annualized dividend of $5.00 per share, or roughly a 3.6% yield based on the provided price. However, analysts remain divided, with a consensus “Hold” rating and an average price target of $170.22. Dick’s Sporting Goods Stock Just Crashed 31%
  • Negative Sentiment: DICK’S reduced its 2026 profit outlook as Foot Locker weakness, promotional activity and higher costs outweighed strong sales growth in its core operations. The company’s latest quarterly earnings also missed analyst expectations, increasing concerns about integration execution and profitability. DKS Cuts 2026 Profit Outlook
  • Negative Sentiment: Multiple law firms, including Kaplan Fox, Block & Leviton, Bleichmar Fonti & Auld, Kirby McInerney and Pomerantz, announced investigations into potential securities-law violations. The inquiries reportedly focus on whether DICK’S adequately disclosed inventory, discounting and Foot Locker-related profit risks. These notices are investor-solicitation announcements and do not establish wrongdoing, but they add legal and reputational overhang. Kaplan Fox Securities Investigation
  • Negative Sentiment: Zacks Research downgraded DKS to “strong sell,” while technical coverage flagged a bearish “death cross” pattern, reinforcing negative momentum and investor caution. DKS Death Cross Analysis

DICK'S Sporting Goods Trading Down 0.3%

DICK'S Sporting Goods stock opened at $139.33 on Friday. The company's fifty day simple moving average is $195.17 and its 200-day simple moving average is $206.79. The company has a quick ratio of 0.36, a current ratio of 1.49 and a debt-to-equity ratio of 0.33. DICK'S Sporting Goods, Inc. has a 12 month low of $120.40 and a 12 month high of $244.38. The stock has a market cap of $12.47 billion, a P/E ratio of 14.97, a P/E/G ratio of 1.61 and a beta of 1.11.

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 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.74 by ($0.21). The firm had revenue of $5.59 billion for the quarter, compared to analysts' expectations 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 revenue was up 53.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $4.38 earnings per share. DICK'S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. As a group, sell-side analysts forecast that DICK'S Sporting Goods, Inc. will post 11.73 EPS for the current fiscal year.

DICK'S Sporting Goods Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be issued a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a dividend yield of 3.6%. The ex-dividend date is Friday, September 11th. DICK'S Sporting Goods's payout ratio is currently 53.71%.

About DICK'S Sporting Goods

(Free Report)

DICK'S Sporting Goods is a leading U.S.-based sporting goods retailer that sells a broad range of sports equipment, apparel, footwear and outdoor gear. The company operates an omnichannel business combining physical stores with digital sales, offering products for team sports, fitness, hunting and fishing, golf, and general active lifestyle categories. In addition to its flagship DICK'S stores, the company operates specialty formats such as Golf Galaxy and branded service offerings including team-sports sales and custom equipment solutions.

The company traces its roots to a single sporting goods outlet founded in 1948 and has since grown into a national retail chain serving customers across the United States.

See Also

Institutional Ownership by Quarter for DICK'S Sporting Goods (NYSE:DKS)

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.

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