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. The firm purchased 29,153 shares of the sporting goods retailer's stock, valued at approximately $6,612,000.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Brown Financial Advisors bought a new position in shares of DICK'S Sporting Goods during the 2nd quarter valued at $201,000. HighTower Advisors LLC increased its holdings in DICK'S Sporting Goods by 34.7% during the 2nd quarter. HighTower Advisors LLC now owns 275,886 shares of the sporting goods retailer's stock valued at $62,574,000 after purchasing an additional 71,001 shares during the period. Alan B Lancz & Associates Inc. bought a new position in DICK'S Sporting Goods during the 2nd quarter valued at approximately $227,000. HB Wealth Management LLC raised its position in DICK'S Sporting Goods by 24.8% during the 2nd quarter. HB Wealth Management LLC now owns 2,064 shares of the sporting goods retailer's stock valued at $468,000 after purchasing an additional 410 shares during the last quarter. Finally, Saudi Central Bank lifted its holdings in DICK'S Sporting Goods by 72.9% in the 2nd quarter. Saudi Central Bank now owns 4,239 shares of the sporting goods retailer's stock worth $961,000 after buying an additional 1,788 shares during the period. 89.83% of the stock is currently owned by hedge funds and other institutional investors.
Insider Activity at DICK'S Sporting Goods
In other DICK'S Sporting Goods news, Director Sandeep Mathrani bought 1,550 shares of the business's stock in a transaction that occurred on Wednesday, August 26th. The stock was purchased at an average cost of $128.89 per share, with a total value of $199,779.50. Following the completion of the acquisition, the director owned 11,136 shares in the company, valued at $1,435,319.04. This trade represents a 16.17% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director William J. Colombo purchased 5,000 shares of the firm's stock in a transaction that occurred on Wednesday, August 26th. The shares were acquired at an average cost of $128.72 per share, for a total transaction of $643,600.00. Following the purchase, the director owned 178,987 shares of the company's stock, valued at $23,039,206.64. This represents a 2.87% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have bought a total of 29,563 shares of company stock worth $3,843,882 in the last three months. Insiders own 28.91% of the company's stock.
DICK'S Sporting Goods Trading Up 2.2%
DICK'S Sporting Goods stock opened at $123.82 on Tuesday. 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 market cap of $11.01 billion, a P/E ratio of 13.30, a P/E/G ratio of 2.29 and a beta of 1.11. The company has a quick ratio of 0.36, a current ratio of 1.49 and a debt-to-equity ratio of 0.33. The business has a 50-day simple moving average of $173.99 and a two-hundred day simple moving average of $200.79.
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 earnings per share for the quarter, missing the consensus estimate of $3.74 by ($0.21). The business had revenue of $5.59 billion during 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%.The firm's revenue was up 53.2% on a year-over-year basis. During the same quarter in the previous 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. Analysts predict that DICK'S Sporting Goods, Inc. will post 11.7 EPS for the current year.
DICK'S Sporting Goods Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be issued a $1.25 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $5.00 dividend on an annualized basis and a yield of 4.0%. DICK'S Sporting Goods's payout ratio is currently 53.71%.
DICK'S Sporting Goods News Roundup
Here are the key news stories impacting DICK'S Sporting Goods this week:
- Positive Sentiment: Insiders and institutional investors have reportedly been buying DKS shares after the sharp decline following the company’s latest earnings report. Analysts also see potential upside from the integration of Foot Locker, supporting the case for a long-term recovery. Insiders Signal Deep Value in DICK’s Sporting Goods
- Positive Sentiment: Some market commentary identifies DKS as technically oversold, with a sub-20 relative strength index, and discusses long-dated options as a potential value-oriented trade. This may be attracting contrarian investors despite near-term uncertainty. 3 Retail Stocks Getting Crushed and the Long-Dated Options Trade on Each One
- Neutral Sentiment: Several law firms publicized the same pending securities class action covering investors who purchased DKS shares from September 8, 2025, through August 24, 2026. The lead-plaintiff deadline is November 3, 2026. The announcements largely repeat one another and do not represent a court finding of wrongdoing. Kaplan Fox Securities Class Action Notice
- Negative Sentiment: The lawsuit alleges that DICK’S made material misstatements or omissions related to inventory and promotional activity. While the potential financial impact is uncertain, the allegations add legal and reputational risk and could reinforce investor concerns following the company’s earnings miss. Investor Alert Securities Fraud Lawsuit
- Negative Sentiment: Trading data showed unusually heavy put-option activity, with 10,988 puts purchased—about 58% above typical daily volume—indicating elevated demand for downside protection or bearish speculation.
Wall Street Analysts Forecast Growth
DKS has been the topic of a number of research analyst reports. Truist Financial downgraded shares of DICK'S Sporting Goods from a "buy" rating to a "hold" rating and reduced their price objective for the company from $270.00 to $135.00 in a research report on Wednesday, August 26th. BNP Paribas Exane reissued an "underperform" rating and set a $99.00 price objective on shares of DICK'S Sporting Goods in a research report on Wednesday, August 26th. Morgan Stanley cut their price target on DICK'S Sporting Goods from $270.00 to $180.00 and set an "overweight" rating on the stock in a research note on Wednesday, August 26th. BTIG Research decreased their target price on shares of DICK'S Sporting Goods from $300.00 to $180.00 and set a "buy" rating for the company in a report on Wednesday, August 26th. Finally, Guggenheim reaffirmed a "neutral" rating on shares of DICK'S Sporting Goods in a research report on Wednesday, August 26th. Eleven research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, DICK'S Sporting Goods has an average rating of "Hold" and a consensus target price of $167.20.
View Our Latest Analysis on DKS
About DICK'S Sporting Goods
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Free Report)
DICK'S Sporting Goods, Inc is a leading American sporting goods retailer that sells athletic equipment, apparel, footwear and accessories for a broad range of sports and outdoor activities. Its merchandise includes products for fitness, team sports, golf, running, hunting, fishing and camping, as well as casual and performance-oriented clothing and footwear.
The company operates through its DICK'S Sporting Goods stores and e-commerce platform, along with specialty and concept businesses including Golf Galaxy, Public Lands and House of Sport locations.
See Also
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).

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