Squarepoint Ops LLC Sells 68,089 Shares of DICK'S Sporting Goods, Inc. $DKS

Key Points

• Squarepoint Ops LLC cut its DICK’S Sporting Goods stake by 25.1%, selling 68,089 shares in the second quarter and retaining 203,237 shares valued at approximately $46.1 million. Institutional investors collectively own 89.83% of the company.
• Company directors bought 29,563 shares worth about $3.84 million over the past 90 days, including significant purchases by Mark Barrenechea and Sandeep Mathrani. Insiders now own 28.91% of DICK’S.
• DICK’S faces pressure from inventory issues, heavier markdowns and Foot Locker integration challenges after missing quarterly earnings and revenue estimates. Shares opened at $132.15, while analysts’ average price target stands at $167.20 and the company maintains a $5.00 annual dividend.

Squarepoint Ops LLC decreased its holdings in DICK'S Sporting Goods, Inc. (NYSE:DKS - Free Report) by 25.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 203,237 shares of the sporting goods retailer's stock after selling 68,089 shares during the quarter. Squarepoint Ops LLC owned about 0.23% of DICK'S Sporting Goods worth $46,096,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in DKS. Harbor Investment Advisory LLC purchased a new stake in shares of DICK'S Sporting Goods in the 1st quarter worth about $30,000. Elyxium Wealth LLC bought a new stake in shares of DICK'S Sporting Goods during the 4th quarter valued at about $35,000. SHP Wealth Management purchased a new position in shares of DICK'S Sporting Goods during the fourth quarter valued at about $38,000. Fideuram Asset Management Ireland dac bought a new position in DICK'S Sporting Goods in the fourth quarter worth about $44,000. Finally, Clearstead Advisors LLC lifted its holdings in DICK'S Sporting Goods by 68.8% in the fourth quarter. Clearstead Advisors LLC now owns 243 shares of the sporting goods retailer's stock worth $48,000 after buying an additional 99 shares during the period. 89.83% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Mark Barrenechea bought 17,000 shares of the company's stock in a transaction on Thursday, August 27th. The shares were acquired at an average cost of $130.72 per share, with a total value of $2,222,240.00. Following the completion of the acquisition, the director owned 25,977 shares of the company's stock, valued at $3,395,713.44. The trade was a 189.37% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Sandeep Mathrani bought 1,550 shares of the business's stock in a transaction dated Wednesday, August 26th. The stock was bought at an average cost of $128.89 per share, for a total transaction of $199,779.50. Following the completion of the purchase, the director owned 11,136 shares of the company's stock, valued at approximately $1,435,319.04. The trade was a 16.17% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders acquired 29,563 shares of company stock valued at $3,843,882. 28.91% of the stock is owned by insiders.

More DICK'S Sporting Goods News

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

• Positive Sentiment: Unusual options activity showed investors buying 6,416 DKS call options, about 13% above the average daily volume. This may indicate that some traders expect a rebound after the recent selloff.
• Neutral Sentiment: Several law firms announced or promoted securities investigations and class actions covering investors who purchased DICK’S securities between September 8, 2025, and August 24, 2026. The announcements largely repeat the same allegations and do not establish that the company violated securities laws. Kaplan Fox investigation
• Negative Sentiment: The legal actions allege that DICK’S and certain executives may have misled investors about growth, profitability and the impact of integrating Foot Locker, particularly regarding excess inventory, increased markdowns and pressure on margins. A lead-plaintiff deadline cited in the notices is November 3, 2026. DKS inventory investigation
• Negative Sentiment: The underlying operating concerns are more significant for investors than the law-firm announcements: inventory issues and heavier discounting could reduce gross profit and earnings, while Foot Locker integration costs and execution challenges may weigh on the company’s financial outlook. DICK’S most recently reported quarterly EPS and revenue below analyst expectations, with EPS also down from the prior-year period.

Wall Street Analyst Weigh In

A number of research firms have weighed in on DKS. Truist Financial downgraded DICK'S Sporting Goods from a "buy" rating to a "hold" rating and reduced their target price for the stock from $270.00 to $135.00 in a report on Wednesday, August 26th. Robert W. Baird lowered their target price on DICK'S Sporting Goods from $264.00 to $150.00 and set an "outperform" rating for the company in a research note on Wednesday, August 26th. Citigroup dropped their price target on DICK'S Sporting Goods from $280.00 to $190.00 and set a "buy" rating on the stock in a research report on Thursday, August 27th. Oppenheimer reduced their price target on 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. Finally, Zacks Research downgraded DICK'S Sporting Goods from a "hold" rating to a "strong sell" rating in a report on Tuesday, September 1st. Twelve investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of "Hold" and an average target price of $167.20.

DICK'S Sporting Goods Price Performance

Shares of NYSE DKS opened at $132.15 on Wednesday. DICK'S Sporting Goods, Inc. has a fifty-two week low of $120.40 and a fifty-two week high of $244.38. The company has a 50 day simple moving average of $191.44 and a two-hundred day simple moving average of $205.86. The company has a market capitalization of $11.83 billion, a price-to-earnings ratio of 14.19, a P/E/G ratio of 1.61 and a beta of 1.11. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.36 and a current ratio of 1.49.

DICK'S Sporting Goods (NYSE:DKS - Get Free Report) last released its earnings results 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 business had revenue of $5.59 billion for the quarter, compared to analysts' expectations of $5.64 billion. DICK'S Sporting Goods had a net margin of 3.97% and a return on equity of 19.21%. DICK'S Sporting Goods's revenue for the quarter 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 expect that DICK'S Sporting Goods, Inc. will post 11.73 EPS for the current fiscal year.

DICK'S Sporting Goods Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be paid a dividend of $1.25 per share. The ex-dividend date is Friday, September 11th. This represents a $5.00 dividend on an annualized basis and a yield of 3.8%. DICK'S Sporting Goods's payout ratio is presently 53.71%.

About DICK'S Sporting Goods

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.

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