DICK’S Sporting Goods (NYSE:DKS) Stock: Insider Matthew Barnes Purchases 3,665 Shares

DICK’S Sporting Goods, Inc. (NYSE:DKS) insider Matthew Barnes bought 3,665 shares of the business’s stock in a transaction on Wednesday, September 30th. The stock was bought at an average price of $136.39 per share, with a total value of $499,869.35. Following the transaction, the insider owned 11,965 shares in the company, valued at approximately $1,631,906.35. This represents a 44.16% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

DICK’S Sporting Goods Stock Down 0.9%

Shares of DICK’S Sporting Goods stock traded down $1.27 on Thursday, hitting $133.02. 2,949,148 shares of the company traded hands, compared to its average volume of 1,806,453. DICK’S Sporting Goods, Inc. has a 12-month low of $120.15 and a 12-month high of $244.38. The company has a quick ratio of 0.36, a current ratio of 1.49 and a debt-to-equity ratio of 0.33. The company has a market cap of $11.83 billion, a PE ratio of 14.29, a PEG ratio of 2.55 and a beta of 1.11. The company has a 50-day moving average price of $163.02 and a 200 day moving average price of $197.67.

DICK’S Sporting Goods (NYSE:DKS) last announced 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 analysts’ expectations of $5.64 billion. DICK’S Sporting Goods had a return on equity of 19.21% and a net margin of 3.97%.DICK’S Sporting Goods’s revenue was up 53.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $4.38 earnings per share. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. Sell-side analysts predict that DICK’S Sporting Goods, Inc. will post 11.7 earnings per share for the current year.

DICK’S Sporting Goods Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, September 11th were paid a dividend of $1.25 per share. The ex-dividend date of this dividend was Friday, September 11th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 3.8%. DICK’S Sporting Goods’s dividend payout ratio (DPR) is 53.71%.

Analysts Set New Price Targets

DKS has been the topic of a number of research reports. Telsey Advisory Group restated a “market perform” rating and issued a $145.00 price objective (down from $255.00) on shares of DICK’S Sporting Goods in a report on Wednesday, August 26th. Zacks Research cut shares of DICK’S Sporting Goods from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 1st. Bank of America decreased their target price 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. Morgan Stanley dropped their price target on shares of DICK’S Sporting Goods from $270.00 to $180.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 26th. Finally, UBS Group cut their price target on shares of DICK’S Sporting Goods from $275.00 to $178.00 and set a “buy” rating on the stock in a report on Thursday, August 27th. Eleven analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, DICK’S Sporting Goods presently has a consensus rating of “Hold” and a consensus target price of $166.85.

DICK’S Sporting Goods News Roundup

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

• Positive Sentiment: An analyst upgrade argued that investor concerns about Foot Locker’s performance may already be reflected in DKS’s valuation. Separately, Bank of America data suggesting consumers are shifting spending from travel toward hobbies identified DICK’S as a potential fourth-quarter laggard with recovery upside. DICK’S Sporting Goods: Foot Locker Fears Materialize But Are Priced In
• Positive Sentiment: Analysts’ consensus target price is approximately $167.20, implying potential upside from recent trading levels if the company stabilizes operations and investor sentiment improves. DICK’S Sporting Goods Consensus Target Price

Institutional Investors Weigh In On DICK’S Sporting Goods

A number of large investors have recently added to or reduced their stakes in DKS. Doliver Advisors LP lifted its stake in shares of DICK’S Sporting Goods by 35.0% in the third quarter. Doliver Advisors LP now owns 9,774 shares of the sporting goods retailer’s stock worth $1,313,000 after buying an additional 2,532 shares during the last quarter. QRG Capital Management Inc. grew its stake in DICK’S Sporting Goods by 3.9% in the 2nd quarter. QRG Capital Management Inc. now owns 9,581 shares of the sporting goods retailer’s stock valued at $2,173,000 after buying an additional 362 shares during the last quarter. Tidal Investments LLC grew its stake in DICK’S Sporting Goods by 1,429.8% in the 2nd quarter. Tidal Investments LLC now owns 40,479 shares of the sporting goods retailer’s stock valued at $9,181,000 after buying an additional 37,833 shares during the last quarter. National Pension Service bought a new position in DICK’S Sporting Goods in the 2nd quarter worth $740,000. Finally, Darsana Capital Partners LP raised its holdings in DICK’S Sporting Goods by 9.1% in the 2nd quarter. Darsana Capital Partners LP now owns 1,500,000 shares of the sporting goods retailer’s stock worth $340,215,000 after acquiring an additional 125,000 shares during the period. Institutional investors own 89.83% of the company’s stock.

About DICK’S Sporting Goods

DICK’S Sporting Goods, Inc is a U.S.-based omnichannel sporting goods retailer that sells athletic apparel, footwear, sports equipment and related 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 DICK’S Sporting Goods stores and digital platforms, offering products from major athletic brands as well as private-label merchandise. Its retail portfolio also includes specialized concepts such as Golf Galaxy, Public Lands and House of Sport, which provide more focused assortments and, in some locations, services and experiences tailored to particular sports and outdoor activities.

DICK’S traces its history to 1948, when Richard “Dick” Stack opened a fishing-tackle store in Binghamton, New York.