Insider Buying: DICK'S Sporting Goods (NYSE:DKS) Director Acquires $199,779.50 in Stock

Key Points

• DICK’S Sporting Goods director Sandeep Mathrani purchased 1,550 shares at an average price of $128.89, investing approximately $199,780 and increasing his holdings by 16.17%.
• The company reported quarterly EPS of $3.53 and revenue of $5.59 billion, both below analyst expectations; EPS also declined from $4.38 a year earlier despite 53.2% revenue growth.
• DICK’S declared a quarterly dividend of $1.25 per share, equal to a $5.00 annualized payout and a 3.7% yield, while analysts remain divided with a consensus “Moderate Buy” rating and a $170.22 price target.

DICK'S Sporting Goods, Inc. (NYSE:DKS - Get Free Report) Director Sandeep Mathrani purchased 1,550 shares of the stock in a transaction that occurred on Wednesday, August 26th. The stock was acquired at an average cost of $128.89 per share, for a total transaction 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 represents a 16.17% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website.

DICK'S Sporting Goods Price Performance

DKS traded up $3.32 during trading on Friday, reaching $135.09. 5,340,350 shares of the company traded hands, compared to its average volume of 1,615,070. The company has a market cap of $12.09 billion, a P/E ratio of 14.51, a PEG ratio of 1.22 and a beta of 1.21. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.38 and a current ratio of 1.49. DICK'S Sporting Goods, Inc. has a 12-month low of $120.40 and a 12-month high of $244.38. The firm has a fifty day simple moving average of $207.21 and a 200 day simple moving average of $209.57.

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 EPS for the quarter, missing the consensus estimate of $3.74 by ($0.21). DICK'S Sporting Goods had a return on equity of 19.21% and a net margin of 3.97%.The company had revenue of $5.59 billion during the quarter, compared to analysts' expectations of $5.64 billion. During the same period last year, the firm posted $4.38 EPS. DICK'S Sporting Goods's quarterly revenue was up 53.2% compared to the same quarter last year. DICK'S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. On average, equities analysts forecast that DICK'S Sporting Goods, Inc. will post 13.18 EPS for the current year.

DICK'S Sporting Goods Dividend Announcement

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 issued a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend is Friday, September 11th. DICK'S Sporting Goods's dividend payout ratio is 53.71%.

Institutional Trading of DICK'S Sporting Goods

Several institutional investors and hedge funds have recently made changes to their positions in DKS. Harbor Investment Advisory LLC bought a new stake in DICK'S Sporting Goods during the 1st quarter valued at $30,000. Laurel Wealth Advisors LLC purchased a new position in shares of DICK'S Sporting Goods in the 4th quarter valued at approximately $34,000. Elyxium Wealth LLC acquired a new stake in shares of DICK'S Sporting Goods during the fourth quarter worth $35,000. SHP Wealth Management acquired a new stake in shares of DICK'S Sporting Goods during the fourth quarter worth about $38,000. Finally, Torren Management LLC acquired a new stake in DICK'S Sporting Goods during the 4th quarter valued at approximately $41,000. 89.83% of the stock is currently owned by institutional investors.

DICK'S Sporting Goods News Roundup

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

• Positive Sentiment: Oppenheimer maintained a Buy rating on DICK’S Sporting Goods, indicating that the firm still sees meaningful upside despite the recent selloff. Oppenheimer Remains a Buy on Dick’s Sporting Goods
• Positive Sentiment: Citigroup kept a Buy rating, though it cut its price target to $190 from $280. The revised target still implies substantial potential upside based on the reference price. Citigroup Lowers DICK'S Sporting Goods Price Target
• Neutral Sentiment: Commentary from Jim Cramer and a Zacks article focused on DKS’s post-earnings outlook and dividend appeal, offering investor perspective but no clear new fundamental catalyst. Jim Cramer Remarks on DICK’S Sporting Goods DICK'S Sporting Goods Could Be a Great Choice
• Negative Sentiment: DICK’S reported quarterly EPS of $3.53 versus the $3.74 consensus estimate, while revenue of $5.59 billion also missed expectations. EPS declined from $4.38 a year earlier, despite strong reported revenue growth, raising concerns about profitability and guidance.
• Negative Sentiment: Telsey downgraded DKS to Market Perform and slashed its target to $145 from $255. Bank of America reduced its target to $200, while BTIG and DA Davidson issued pessimistic forecasts, reinforcing concerns about the earnings outlook. Analyst Target Changes
• Negative Sentiment: Several law firms—including Levi & Korsinsky, Block & Leviton, BFA Law, Pomerantz, and Kaplan Fox—announced investigations into potential securities-law violations. These announcements are typically investor solicitations and do not establish wrongdoing, but they add headline and litigation risk. DKS Investor Alert

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Truist Financial downgraded DICK'S Sporting Goods from a "buy" rating to a "hold" rating and decreased their target price for the stock from $270.00 to $135.00 in a research report on Wednesday. Bank of America reduced their price objective on DICK'S Sporting Goods from $245.00 to $200.00 and set a "buy" rating on the stock in a research note on Wednesday. Wells Fargo & Company decreased their price objective on DICK'S Sporting Goods from $240.00 to $185.00 and set an "overweight" rating on the stock in a report on Tuesday. Jefferies Financial Group set a $171.00 target price on shares of DICK'S Sporting Goods in a report on Tuesday. Finally, Morgan Stanley reduced their target price 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. Twelve equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $170.22.

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.

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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