UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $83.90 Million Holdings in DICK'S Sporting Goods, Inc. $DKS

Key Points

• UBS Asset Management increased its DICK’S Sporting Goods stake by 5.9% in the second quarter, owning 369,928 shares valued at approximately $83.9 million. Institutional investors hold 89.83% of the company.
• Analysts maintain a generally positive outlook, with 12 Buy, eight Hold and one Sell rating, producing a “Moderate Buy” consensus and an average price target of $170.22. However, several firms sharply reduced their targets following weaker-than-expected earnings and lowered guidance.
• DICK’S shares opened at $137.33 after a steep decline, while company directors purchased shares and insiders bought roughly $3.84 million over the past 90 days. The company reported $3.53 quarterly EPS versus the $3.74 consensus, but revenue increased 53.2% year over year and the quarterly dividend is $1.25 per share.

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in DICK'S Sporting Goods, Inc. (NYSE:DKS - Free Report) by 5.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 369,928 shares of the sporting goods retailer's stock after purchasing an additional 20,503 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.41% of DICK'S Sporting Goods worth $83,903,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brown Advisory Inc. raised its stake in shares of DICK'S Sporting Goods by 9.6% during the second quarter. Brown Advisory Inc. now owns 1,143 shares of the sporting goods retailer's stock worth $226,000 after buying an additional 100 shares during the last quarter. Cerity Partners LLC increased its position in shares of DICK'S Sporting Goods by 54.1% in the 2nd quarter. Cerity Partners LLC now owns 1,600 shares of the sporting goods retailer's stock valued at $316,000 after buying an additional 562 shares in the last quarter. Bank of Nova Scotia bought a new stake in shares of DICK'S Sporting Goods in the second quarter worth about $417,000. Daiwa Securities Group Inc. increased its stake in DICK'S Sporting Goods by 9.8% during the 2nd quarter. Daiwa Securities Group Inc. now owns 5,974 shares of the sporting goods retailer's stock worth $1,182,000 after purchasing an additional 531 shares in the last quarter. Finally, NewEdge Advisors LLC raised its holdings in shares of DICK'S Sporting Goods by 4.4% during the second quarter. NewEdge Advisors LLC now owns 2,951 shares of the sporting goods retailer's stock worth $584,000 after acquiring an additional 124 shares during the period. 89.83% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. UBS Group reduced their price objective on shares of DICK'S Sporting Goods from $275.00 to $178.00 and set a "buy" rating for the company in a research note on Thursday, August 27th. Jefferies Financial Group set a $171.00 price target on DICK'S Sporting Goods in a research note on Tuesday, August 25th. Bank of America lowered their price target on shares of DICK'S Sporting Goods from $245.00 to $200.00 and set a "buy" rating on the stock in a report on Wednesday, August 26th. Barclays lowered their price objective on DICK'S Sporting Goods from $280.00 to $150.00 and set an "overweight" rating on the stock in a research report on Wednesday, August 26th. Finally, Citigroup dropped their price target on shares of DICK'S Sporting Goods from $280.00 to $190.00 and set a "buy" rating for the company in a research report on Thursday, August 27th. Twelve analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $170.22.

Insider Buying and Selling at DICK'S Sporting Goods

In related news, Director Sandeep Mathrani acquired 1,550 shares of the business's stock in a transaction that occurred on Wednesday, August 26th. The shares were bought at an average cost of $128.89 per share, with a total value of $199,779.50. Following the completion of the purchase, the director directly owned 11,136 shares in the company, valued at $1,435,319.04. The trade was a 16.17% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, Director Robert W. Eddy purchased 4,000 shares of the company's stock in a transaction dated Wednesday, August 26th. The stock was purchased at an average price of $128.69 per share, for a total transaction of $514,760.00. Following the transaction, the director directly owned 10,886 shares in the company, valued at approximately $1,400,919.34. This trade represents a 58.09% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought a total of 29,563 shares of company stock worth $3,843,882 over the last ninety days. Insiders own 28.91% of the company's stock.

DICK'S Sporting Goods Stock Up 3.3%

Shares of NYSE DKS opened at $137.33 on Thursday. The stock has a 50-day moving average price of $199.13 and a two-hundred day moving average price of $207.70. The company has a market cap of $12.29 billion, a price-to-earnings ratio of 14.75, a PEG ratio of 1.54 and a beta of 1.12. DICK'S Sporting Goods, Inc. has a 12 month low of $120.40 and a 12 month 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.

DICK'S Sporting Goods (NYSE:DKS - Get Free Report) last issued its earnings results on Tuesday, August 25th. The sporting goods retailer reported $3.53 earnings per share for the quarter, missing analysts' consensus estimates 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 company had revenue of $5.59 billion during the quarter, compared to analyst estimates of $5.64 billion. During the same quarter in the prior year, the business earned $4.38 EPS. The business'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. As a group, analysts forecast that DICK'S Sporting Goods, Inc. will post 11.73 earnings per share for the current fiscal year.

DICK'S Sporting Goods Announces Dividend

The firm also recently disclosed 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. This represents a $5.00 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date is Friday, September 11th. DICK'S Sporting Goods's dividend payout ratio (DPR) is 53.71%.

Trending Headlines about DICK'S Sporting Goods

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

• Positive Sentiment: Four DICK’S directors reportedly purchased approximately $3.7 million of stock after the recent decline, signaling that insiders view the lower share price as attractive. Director William J. Colombo separately bought 913 shares for about $121,600, increasing his position to 181,000 shares. Dick's Sporting Goods Directors Buy $3.7 Million of Stock After Shares Plunge SEC insider transaction filing
• Neutral Sentiment: Valuation-focused coverage highlights that DKS has fallen substantially and now offers a dividend yield near 4%, but argues investors should wait because earnings and integration risks remain unresolved. DICK'S Sporting Goods: Crashed 31% And Now Yielding Near 4%
• Negative Sentiment: Recent earnings showed weaker-than-expected results, while management reduced its consolidated non-GAAP operating-profit outlook and Foot Locker comparable-sales projections. Coverage says the Foot Locker integration is obscuring otherwise stronger core business performance. DICK'S Sporting Goods Securities Investigation Notice DICK’S Sporting Goods’ Foot Locker Integration Clouding Strong Core Results
• Negative Sentiment: Several law firms, including Kirby McInerney, Bragar Eagel & Squire, Kaplan Fox, Levi & Korsinsky, Bleichmar Fonti & Auld and Pomerantz, announced investigations into potential securities-law violations. The inquiries center on whether DICK’S adequately disclosed Foot Locker-related inventory, discounting and profit pressures. These announcements are largely investor-solicitation notices and do not establish wrongdoing, but they add legal and reputational overhang. DKS Shareholder Alert Kaplan Fox Investigation

DICK'S Sporting Goods Company Profile

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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