Tidal Investments LLC raised its position in shares of DICK’S Sporting Goods, Inc. (NYSE:DKS – Free Report) by 1,429.8% in the second quarter, Holdings Channel.com reports. The institutional investor owned 40,479 shares of the sporting goods retailer’s stock after buying an additional 37,833 shares during the period. Tidal Investments LLC’s holdings in DICK’S Sporting Goods were worth $9,181,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Jacobi Capital Management LLC grew its position in DICK’S Sporting Goods by 4.5% during the 4th quarter. Jacobi Capital Management LLC now owns 1,189 shares of the sporting goods retailer’s stock worth $235,000 after purchasing an additional 51 shares in the last quarter. Lido Advisors LLC increased its position in DICK’S Sporting Goods by 3.9% in the 3rd quarter. Lido Advisors LLC now owns 1,358 shares of the sporting goods retailer’s stock worth $302,000 after purchasing an additional 51 shares during the last quarter. Fifth Third Wealth Advisors LLC increased its holdings in DICK’S Sporting Goods by 2.4% in the first quarter. Fifth Third Wealth Advisors LLC now owns 2,284 shares of the sporting goods retailer’s stock worth $453,000 after buying an additional 54 shares during the last quarter. PCB Capital LLC raised its holdings in shares of DICK’S Sporting Goods by 1.5% during the 1st quarter. PCB Capital LLC now owns 3,607 shares of the sporting goods retailer’s stock valued at $715,000 after purchasing an additional 55 shares in the last quarter. Finally, Parallel Advisors LLC raised its holdings in DICK’S Sporting Goods by 5.9% during the fourth quarter. Parallel Advisors LLC now owns 980 shares of the sporting goods retailer’s stock valued at $194,000 after buying an additional 55 shares in the last quarter. 89.83% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity
In other news, Director Mark Barrenechea purchased 17,000 shares of the business’s stock in a transaction that occurred on Thursday, August 27th. The stock was purchased at an average cost of $130.72 per share, with a total value of $2,222,240.00. Following the acquisition, the director directly owned 25,977 shares of the company’s stock, valued at approximately $3,395,713.44. This trade represents a 189.37% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Robert Eddy acquired 4,000 shares of the firm’s stock in a transaction on Wednesday, August 26th. The shares were purchased at an average cost of $128.69 per share, for a total transaction of $514,760.00. Following the completion of the purchase, the director directly owned 10,886 shares of the company’s stock, valued at approximately $1,400,919.34. The trade was a 58.09% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders have acquired 29,563 shares of company stock worth $3,843,882. Company insiders own 28.91% of the company’s stock.
Key DICK’S Sporting Goods News
- Positive Sentiment: Investors traded a large volume of DKS call options, suggesting that some market participants are positioning for a rebound or seeking leveraged upside exposure. Stock Traders Purchase Large Volume of DICK’S Sporting Goods Call Options
- Neutral Sentiment: Several investor-rights law firms announced or promoted a securities class action covering shareholders who purchased DKS stock from September 8, 2025, through August 24, 2026. The lead-plaintiff deadline is November 3, 2026. These notices largely repeat the same information and do not represent a court finding of wrongdoing. Class Action Filed Alleging Investor Harm
- Negative Sentiment: The lawsuits allege investor harm related to DICK’S statements about its Foot Locker integration and the subsequent guidance reduction. One notice said DKS fell about 30% on August 25 after the company’s earnings and outlook update, highlighting the potential reputational, legal and financial risks for investors. DKS Shareholder Alert
- Negative Sentiment: Analyst sentiment deteriorated further: Zacks Research added DKS to its Rank #5 “Strong Sell” list, while BMO Capital Markets also reportedly rated the stock “Strong Sell.” Zacks reduced multiple quarterly and annual EPS forecasts, including FY2027 EPS from $14.10 to $11.49 and FY2028 EPS from $16.26 to $13.43. New Strong Sell Stocks
- Negative Sentiment: The latest forecast revisions follow DICK’S recent quarterly miss, when EPS of $3.53 came in below the $3.74 consensus and revenue of $5.59 billion trailed the $5.64 billion estimate. The company also guided to fiscal 2026 EPS of $11.00–$12.00, reinforcing concerns about earnings momentum.
DICK’S Sporting Goods Stock Performance
DKS opened at $135.23 on Friday. The stock has a market cap of $12.03 billion, a PE ratio of 14.53, a P/E/G ratio of 1.57 and a beta of 1.11. The company has a current ratio of 1.49, a quick ratio of 0.36 and a debt-to-equity ratio of 0.33. The stock’s 50 day simple moving average is $185.44 and its 200-day simple moving average is $204.38. DICK’S Sporting Goods, Inc. has a 1 year low of $120.40 and a 1 year high of $244.38.
DICK’S Sporting Goods (NYSE:DKS – Get Free Report) last released its quarterly earnings data on Tuesday, August 25th. The sporting goods retailer reported $3.53 EPS for the quarter, missing analysts’ consensus estimates 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 business had revenue of $5.59 billion for the quarter, compared to the consensus estimate of $5.64 billion. During the same period in the previous year, the business posted $4.38 earnings per share. DICK’S Sporting Goods’s 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. Sell-side analysts forecast that DICK’S Sporting Goods, Inc. will post 11.7 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 paid a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a yield of 3.7%. The ex-dividend date is Friday, September 11th. DICK’S Sporting Goods’s dividend payout ratio is currently 53.71%.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on DKS. Bank of America decreased their target price on DICK’S Sporting Goods from $245.00 to $200.00 and set a “buy” rating for the company in a research report on Wednesday, August 26th. Robert W. Baird reduced their price objective on shares of 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. The Goldman Sachs Group decreased their price objective on shares of DICK’S Sporting Goods from $271.00 to $170.00 and set a “buy” rating for the company in a report on Wednesday, August 26th. Jefferies Financial Group set a $171.00 target price on shares of DICK’S Sporting Goods in a research note on Tuesday, August 25th. Finally, BTIG Research dropped their target price on shares of DICK’S Sporting Goods from $300.00 to $180.00 and set a “buy” rating on the stock in a report on Wednesday, August 26th. Twelve equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $167.20.
DICK’S Sporting Goods 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.
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