Riverview Capital Advisers LLC Makes New $2.59 Million Investment in DICK’S Sporting Goods, Inc. $DKS

Riverview Capital Advisers LLC bought a new position in DICK’S Sporting Goods, Inc. (NYSE:DKS) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 11,402 shares of the sporting goods retailer’s stock, valued at approximately $2,586,000.

A number of other hedge funds also recently made changes to their positions in DKS. Nykredit A S acquired a new position in DICK’S Sporting Goods during the 2nd quarter worth approximately $7,037,000. PYA Waltman Capital LLC bought a new position in DICK’S Sporting Goods in the 2nd quarter valued at approximately $1,586,000. Montanova Capital LLC acquired a new stake in DICK’S Sporting Goods in the second quarter valued at approximately $34,321,000. Senator Investment Group LP acquired a new stake in DICK’S Sporting Goods in the second quarter valued at approximately $45,362,000. Finally, Moore Capital Management LP bought a new stake in shares of DICK’S Sporting Goods during the second quarter worth $523,000. 89.83% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have recently commented on DKS. Oppenheimer dropped their price target on DICK’S Sporting Goods from $270.00 to $150.00 and set an “outperform” rating for the company in a research note on Wednesday, August 26th. Telsey Advisory Group restated a “market perform” rating and set a $145.00 price objective (down from $255.00) on shares of DICK’S Sporting Goods in a research report on Wednesday, August 26th. Zacks Research cut DICK’S Sporting Goods from a “hold” rating to a “strong sell” rating in a report on Tuesday, September 1st. Robert W. Baird lowered their target price on DICK’S Sporting Goods from $264.00 to $150.00 and set an “outperform” rating for the company in a report on Wednesday, August 26th. Finally, Guggenheim reiterated a “neutral” rating on shares of DICK’S Sporting Goods in a research report on Wednesday, August 26th. Twelve research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, DICK’S Sporting Goods currently has an average rating of “Hold” and a consensus price target of $170.22.

Insider Buying and Selling

In related news, Director William J. Colombo acquired 913 shares of the stock in a transaction dated Tuesday, September 1st. The stock was bought at an average cost of $133.19 per share, for a total transaction of $121,602.47. Following the completion of the transaction, the director directly owned 181,000 shares of the company’s stock, valued at $24,107,390. The trade was a 0.51% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Sandeep Mathrani acquired 1,550 shares of the business’s stock in a transaction that occurred on Wednesday, August 26th. The stock was bought at an average cost of $128.89 per share, for a total transaction of $199,779.50. Following the completion of the purchase, the director owned 11,136 shares of the company’s stock, valued at $1,435,319.04. This trade represents a 16.17% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last quarter, insiders have bought 29,563 shares of company stock worth $3,843,882. Corporate insiders own 28.91% of the company’s stock.

DICK’S Sporting Goods Price Performance

DKS stock opened at $139.33 on Friday. The company has a market capitalization of $12.47 billion, a P/E ratio of 14.97, a PEG ratio of 1.61 and a beta of 1.11. The company has a fifty day moving average price of $195.17 and a 200-day moving average price of $206.79. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.36 and a current ratio of 1.49. DICK’S Sporting Goods, Inc. has a 52-week low of $120.40 and a 52-week high of $244.38.

DICK’S Sporting Goods (NYSE:DKS) last issued 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). The business had revenue of $5.59 billion during the quarter, compared to the consensus estimate of $5.64 billion. DICK’S Sporting Goods had a return on equity of 19.21% and a net margin of 3.97%.The business’s revenue for the quarter was up 53.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $4.38 EPS. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. As a group, equities analysts expect that DICK’S Sporting Goods, Inc. will post 11.73 EPS for the current year.

DICK’S Sporting Goods Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be given a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date is Friday, September 11th. DICK’S Sporting Goods’s payout ratio is 53.71%.

Key Headlines Impacting DICK’S Sporting Goods

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

• Positive Sentiment: Director William Colombo purchased 913 DKS shares for approximately $121,600, increasing his direct ownership to 181,000 shares. Recent insider buying may signal that company directors view the selloff as an attractive entry point. DICK’S Sporting Goods Director Acquires 913 Shares of Stock
• Neutral Sentiment: DKS now trades at a materially lower valuation and offers an annualized dividend of $5.00 per share, or roughly a 3.6% yield based on the provided price. However, analysts remain divided, with a consensus “Hold” rating and an average price target of $170.22. Dick’s Sporting Goods Stock Just Crashed 31%
• Negative Sentiment: DICK’S reduced its 2026 profit outlook as Foot Locker weakness, promotional activity and higher costs outweighed strong sales growth in its core operations. The company’s latest quarterly earnings also missed analyst expectations, increasing concerns about integration execution and profitability. DKS Cuts 2026 Profit Outlook
• Negative Sentiment: Multiple law firms, including Kaplan Fox, Block & Leviton, Bleichmar Fonti & Auld, Kirby McInerney and Pomerantz, announced investigations into potential securities-law violations. The inquiries reportedly focus on whether DICK’S adequately disclosed inventory, discounting and Foot Locker-related profit risks. These notices are investor-solicitation announcements and do not establish wrongdoing, but they add legal and reputational overhang. Kaplan Fox Securities Investigation
• Negative Sentiment: Zacks Research downgraded DKS to “strong sell,” while technical coverage flagged a bearish “death cross” pattern, reinforcing negative momentum and investor caution. DKS Death Cross Analysis

DICK’S Sporting Goods Company Profile

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.