California State Teachers Retirement System Grows Stock Position in DICK’S Sporting Goods, Inc. $DKS

California State Teachers Retirement System grew its holdings in DICK’S Sporting Goods, Inc. (NYSE:DKS) by 20,961.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 15,878,288 shares of the sporting goods retailer’s stock after acquiring an additional 15,802,896 shares during the quarter. California State Teachers Retirement System owned 0.18% of DICK’S Sporting Goods worth $3,601,355,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of DKS. Harbor Investment Advisory LLC acquired a new position in shares of DICK’S Sporting Goods during the first quarter valued at about $30,000. Elyxium Wealth LLC acquired a new stake in DICK’S Sporting Goods in the 4th quarter worth approximately $35,000. SHP Wealth Management acquired a new stake in DICK’S Sporting Goods in the 4th quarter worth approximately $38,000. Measured Wealth Private Client Group LLC purchased a new stake in DICK’S Sporting Goods during the 3rd quarter worth approximately $48,000. Finally, Fideuram Asset Management Ireland dac purchased a new stake in DICK’S Sporting Goods during the 4th quarter worth approximately $44,000. Hedge funds and other institutional investors own 89.83% of the company’s stock.

DICK’S Sporting Goods Stock Performance

DKS opened at $133.30 on Friday. 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, Inc. has a 12-month low of $120.40 and a 12-month high of $244.38. The firm has a 50 day moving average of $187.46 and a two-hundred day moving average of $204.87. The firm has a market capitalization of $11.93 billion, a PE ratio of 14.32, a P/E/G ratio of 1.55 and a beta of 1.11.

DICK’S Sporting Goods (NYSE:DKS) last released its quarterly earnings data 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). The business had revenue of $5.59 billion during 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%. The firm’s revenue was up 53.2% on a year-over-year basis. During the same period last year, the company earned $4.38 earnings per share. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. On average, analysts anticipate 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. Shareholders of record on Friday, September 11th will be issued a $1.25 dividend. This represents a $5.00 annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend is Friday, September 11th. DICK’S Sporting Goods’s dividend payout ratio is presently 53.71%.

Insider Buying and Selling

In related news, Director Sandeep Mathrani acquired 1,550 shares of DICK’S Sporting Goods stock in a transaction on Wednesday, August 26th. The stock was acquired at an average price of $128.89 per share, for a total transaction of $199,779.50. Following the purchase, the director owned 11,136 shares of the company’s stock, valued at approximately $1,435,319.04. This represents a 16.17% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Mark Barrenechea acquired 17,000 shares of DICK’S Sporting Goods stock in a transaction on Thursday, August 27th. The shares were bought at an average price of $130.72 per share, with a total value of $2,222,240.00. Following the purchase, the director directly owned 25,977 shares in the company, valued at approximately $3,395,713.44. The trade was a 189.37% increase in their position. The SEC filing for this purchase provides additional information. Insiders purchased a total of 29,563 shares of company stock valued at $3,843,882 over the last quarter. 28.91% of the stock is currently owned by company insiders.

Trending Headlines about DICK’S Sporting Goods

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

• Positive Sentiment: Traders purchased a large volume of DKS call options, indicating some investors are positioning for a potential rebound despite the recent weakness. Stock Traders Purchase Large Volume of DICK’S Sporting Goods Call Options
• Neutral Sentiment: Several law firms reminded shareholders that November 3, 2026 is the deadline to seek lead-plaintiff status in a securities class action covering investors who purchased DKS shares between September 8, 2025 and August 24, 2026. These notices repeat the same lawsuit and do not represent new operating developments. ROSEN securities class action notice
• Negative Sentiment: The securities lawsuit alleges that DICK’S and certain executives violated federal securities laws in connection with statements about the Foot Locker integration. Investor alerts say the case followed an August guidance cut that was associated with a reported $55.02-per-share decline. The allegations have not been proven, but the litigation creates legal, reputational and potential financial risks. DKS shareholder alert and class action details
• Negative Sentiment: Zacks Research lowered its EPS forecasts across fiscal 2027 through fiscal 2029, including fiscal 2027 EPS from $14.10 to $11.49 and fiscal 2028 EPS from $16.26 to $13.43. Zacks maintains a “Strong Sell” rating, reinforcing concerns about DICK’S longer-term earnings outlook.
• Negative Sentiment: The pressure follows DICK’S latest quarterly results, which missed analysts’ EPS and revenue expectations, while quarterly EPS declined year over year despite revenue growth driven partly by the Foot Locker acquisition.

Analyst Ratings Changes

DKS has been the subject of a number of research analyst reports. Loop Capital reaffirmed a “hold” rating and issued a $140.00 price target on shares of DICK’S Sporting Goods in a report on Tuesday, August 25th. Jefferies Financial Group set a $171.00 price objective on shares of DICK’S Sporting Goods in a report on Tuesday, August 25th. Weiss Ratings reissued a “hold (c+)” rating on shares of DICK’S Sporting Goods in a research report on Wednesday, September 2nd. Zacks Research lowered DICK’S Sporting Goods from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 1st. Finally, Truist Financial cut DICK’S Sporting Goods from a “buy” rating to a “hold” rating and lowered their price target for the stock from $270.00 to $135.00 in a research report on Wednesday, August 26th. Twelve analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $167.20.

DICK’S Sporting Goods Company Profile

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.