Loring Wolcott & Coolidge Fiduciary Advisors LLP MA increased its holdings in shares of DICK’S Sporting Goods, Inc. (NYSE:DKS – Free Report) by 46.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 278,315 shares of the sporting goods retailer’s stock after acquiring an additional 88,685 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings in DICK’S Sporting Goods were worth $37,375,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. BlackRock Inc. bought a new position in DICK’S Sporting Goods in the 2nd quarter valued at $1,501,321,000. Bank of America Corp DE bought a new stake in shares of DICK’S Sporting Goods during the second quarter worth $1,024,000,000. Darsana Capital Partners LP grew its holdings in shares of DICK’S Sporting Goods by 9.1% during the second quarter. Darsana Capital Partners LP now owns 1,500,000 shares of the sporting goods retailer’s stock worth $340,215,000 after purchasing an additional 125,000 shares during the last quarter. Maverick Capital Ltd. increased its stake in shares of DICK’S Sporting Goods by 25.3% in the first quarter. Maverick Capital Ltd. now owns 1,044,903 shares of the sporting goods retailer’s stock valued at $207,194,000 after buying an additional 210,654 shares in the last quarter. Finally, Principal Financial Group Inc. increased its stake in shares of DICK’S Sporting Goods by 26.2% in the first quarter. Principal Financial Group Inc. now owns 634,874 shares of the sporting goods retailer’s stock valued at $125,889,000 after buying an additional 131,797 shares in the last quarter. 89.83% of the stock is owned by institutional investors and hedge funds.
DICK’S Sporting Goods Stock Performance
DKS stock opened at $144.62 on Monday. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.49 and a quick ratio of 0.36. The company has a 50 day moving average price of $141.01 and a 200 day moving average price of $191.27. DICK’S Sporting Goods, Inc. has a fifty-two week low of $120.15 and a fifty-two week high of $244.38. The stock has a market capitalization of $12.86 billion, a PE ratio of 15.53, a price-to-earnings-growth ratio of 2.74 and a beta of 1.09.
DICK’S Sporting Goods (NYSE:DKS – Get Free Report) last posted its quarterly earnings data on Tuesday, August 25th. The sporting goods retailer reported $3.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.74 by ($0.21). The firm had revenue of $5.59 billion for the quarter, compared to analyst estimates of $5.64 billion. DICK’S Sporting Goods had a return on equity of 19.21% and a net margin of 3.97%. The firm’s quarterly revenue was up 53.2% compared to the same quarter last year. During the same period in the prior year, the company posted $4.38 EPS. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. Analysts forecast that DICK’S Sporting Goods, Inc. will post 11.69 EPS for the current year.
DICK’S Sporting Goods Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, September 11th were given a dividend of $1.25 per share. The ex-dividend date was Friday, September 11th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 3.5%. DICK’S Sporting Goods’s payout ratio is presently 53.71%.
Insider Buying and Selling at DICK’S Sporting Goods
In other news, EVP Navdeep Gupta purchased 7,707 shares of the business’s stock in a transaction dated Tuesday, September 22nd. The shares were acquired at an average price of $129.75 per share, with a total value of $999,983.25. Following the completion of the purchase, the executive vice president directly owned 86,580 shares of the company’s stock, valued at $11,233,755. The trade was a 9.77% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Mark Barrenechea purchased 17,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 27th. The stock was purchased at an average price of $130.72 per share, for a total transaction of $2,222,240.00. Following the acquisition, the director owned 25,977 shares of the company’s stock, valued at $3,395,713.44. The trade was a 189.37% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired a total of 42,795 shares of company stock valued at $5,588,641 over the last ninety days. Company insiders own 28.91% of the company’s stock.
Analysts Set New Price Targets
A number of research analysts recently issued reports on the company. Morgan Stanley cut their price target on DICK’S Sporting Goods from $270.00 to $180.00 and set an “overweight” rating for the company in a report on Wednesday, August 26th. The Goldman Sachs Group reduced their price target on shares of DICK’S Sporting Goods from $271.00 to $170.00 and set a “buy” rating on the stock in a research report on Wednesday, August 26th. KGI Securities lowered shares of DICK’S Sporting Goods from an “outperform” rating to a “neutral” rating and set a $135.10 price objective on the stock. in a report on Wednesday, August 26th. Wall Street Zen upgraded shares of DICK’S Sporting Goods from a “sell” rating to a “hold” rating in a research report on Saturday, October 17th. Finally, Bank of America lowered their price objective on shares of 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. Twelve analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $167.53.
Get Our Latest Stock Report on DICK’S Sporting Goods
DICK’S Sporting Goods News Summary
Here are the key news stories impacting DICK’S Sporting Goods this week:
- Positive Sentiment: Wolfe Research began coverage of DICK’S Sporting Goods with an “outperform” rating and an $181 target, providing a favorable analyst catalyst and suggesting confidence in the company’s longer-term prospects. Wolfe Research coverage
- Neutral Sentiment: Several investor-rights law firms reiterated notices about the same securities class action and the November 3, 2026 lead-plaintiff deadline. The notices primarily seek investor participation and do not represent a court finding that DICK’S violated securities laws. Kaplan Fox class action notice
- Negative Sentiment: The shareholder lawsuit alleges that DICK’S and certain executives misled investors about whether Foot Locker’s inventory and promotional issues had been resolved after the acquisition. The complaint reportedly claims the acquired business remained dependent on stagnant legacy footwear, creating potential legal costs, reputational risk and uncertainty around the transaction’s earnings contribution. The class period covers September 8, 2025 through August 24, 2026. DKS shareholder alert
DICK’S Sporting Goods Profile
DICK’S Sporting Goods, Inc is a U.S.-based omnichannel sporting goods retailer that sells athletic apparel, footwear, sports equipment and accessories. Its merchandise serves a broad range of sports and outdoor activities, including team sports, fitness, golf, running, hunting, fishing and camping.
The company operates through its namesake DICK’S Sporting Goods stores and digital platforms, along with specialty and concept formats such as Golf Galaxy, Public Lands, House of Sport and other retail brands.
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