PYA Waltman Capital LLC Purchases New Position in DICK’S Sporting Goods, Inc. $DKS

PYA Waltman Capital LLC acquired a new position in shares of DICK’S Sporting Goods, Inc. (NYSE:DKS) in the second quarter, HoldingsChannel.com reports. The institutional investor acquired 6,992 shares of the sporting goods retailer’s stock, valued at approximately $1,586,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Jacobi Capital Management LLC boosted its position in DICK’S Sporting Goods by 4.5% in the fourth quarter. Jacobi Capital Management LLC now owns 1,189 shares of the sporting goods retailer’s stock valued at $235,000 after buying an additional 51 shares in the last quarter. Lido Advisors LLC increased its holdings in shares of DICK’S Sporting Goods by 3.9% during the third quarter. Lido Advisors LLC now owns 1,358 shares of the sporting goods retailer’s stock worth $302,000 after buying an additional 51 shares in the last quarter. Fifth Third Wealth Advisors LLC increased its holdings in shares of DICK’S Sporting Goods by 2.4% during 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 in the last quarter. PCB Capital LLC lifted its stake in shares of DICK’S Sporting Goods by 1.5% in the 1st quarter. PCB Capital LLC now owns 3,607 shares of the sporting goods retailer’s stock valued at $715,000 after acquiring an additional 55 shares during the last quarter. Finally, Parallel Advisors LLC lifted its stake in shares of DICK’S Sporting Goods by 5.9% in the 4th quarter. Parallel Advisors LLC now owns 980 shares of the sporting goods retailer’s stock valued at $194,000 after acquiring an additional 55 shares during the last quarter. Institutional investors own 89.83% of the company’s stock.

Insiders Place Their Bets

In other DICK’S Sporting Goods news, Director Robert W. Eddy bought 4,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 26th. The shares were bought 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 ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director William J. Colombo bought 1,100 shares of the firm’s stock in a transaction that occurred on Thursday, August 27th. The shares were acquired at an average cost of $129.00 per share, with a total value of $141,900.00. Following the purchase, the director directly owned 180,087 shares of the company’s stock, valued at $23,231,223. This trade represents a 0.61% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders have bought 28,650 shares of company stock valued at $3,722,280. 28.91% of the stock is currently owned by insiders.

DICK’S Sporting Goods Stock Down 1.5%

Shares of NYSE DKS opened at $133.06 on Wednesday. The company has a market capitalization of $11.91 billion, a P/E ratio of 14.29, a price-to-earnings-growth ratio of 1.43 and a beta of 1.12. DICK’S Sporting Goods, Inc. has a 52-week low of $120.40 and a 52-week high of $244.38. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.36 and a current ratio of 1.49. The company’s 50 day moving average price is $201.13 and its 200-day moving average price is $208.14.

DICK’S Sporting Goods (NYSE:DKS) last posted its quarterly earnings data on Tuesday, August 25th. The sporting goods retailer reported $3.53 earnings per share 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 firm had revenue of $5.59 billion for the quarter, compared to analyst estimates of $5.64 billion. During the same quarter last year, the company earned $4.38 earnings per share. The company’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. Equities analysts forecast that DICK’S Sporting Goods, Inc. will post 11.72 earnings per share for the current year.

DICK’S Sporting Goods Dividend Announcement

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 dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date is Friday, September 11th. DICK’S Sporting Goods’s dividend payout ratio (DPR) is presently 53.71%.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on DKS. Morgan Stanley reduced their price objective on DICK’S Sporting Goods from $270.00 to $180.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 26th. KGI Securities downgraded DICK’S Sporting Goods from an “outperform” rating to a “neutral” rating and set a $135.10 target price for the company. in a research report on Wednesday, August 26th. Robert W. Baird cut their price target on DICK’S Sporting Goods from $264.00 to $150.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 26th. Barclays cut their price target on DICK’S Sporting Goods from $280.00 to $150.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 26th. Finally, Wells Fargo & Company lowered their price objective on DICK’S Sporting Goods from $240.00 to $185.00 and set an “overweight” rating for the company in a research note on Tuesday, August 25th. Twelve analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $170.22.

More DICK’S Sporting Goods News

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

• Positive Sentiment: Four DICK’S directors purchased approximately $3.7 million of company stock after the selloff. The insider buying may signal that the directors view the decline as excessive and retain confidence in the company’s long-term prospects. Dick’s Sporting Goods Directors Buy $3.7 Million of Stock After Shares Plunge
• Neutral Sentiment: Management is scheduled to participate in a Goldman Sachs consumer and retail conference on September 14. Investors may look for updates on Foot Locker integration, inventory levels, promotions and full-year guidance. DICK’S Sporting Goods Announces Participation in the Goldman Sachs Conference
• Negative Sentiment: DICK’S reported adjusted second-quarter EPS of $3.53, below estimates near $3.74–$3.78, while revenue of about $5.59 billion also fell short of expectations. Earnings declined from the prior-year period despite revenue growth, increasing concern about profitability.
• Negative Sentiment: Analysts and market commentators say the Foot Locker acquisition is weighing on otherwise stronger core results. Integration costs, elevated inventory, discounting and margin pressure prompted a reduction in guidance and drove the sharp selloff. DICK’S Sporting Goods’ Foot Locker Integration Clouding Strong Core Results
• Negative Sentiment: Several law firms, including Pomerantz, BFA Law, Levi & Korsinsky and Kaplan Fox, announced investigations into potential securities-law violations related to disclosures about the Foot Locker acquisition, inventory and profit pressures. These announcements may add reputational and potential litigation risk, although they do not establish wrongdoing. Pomerantz Investor Alert

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.