Robert Eddy Purchases 4,000 Shares of DICK’S Sporting Goods (NYSE:DKS) Stock

DICK’S Sporting Goods, Inc. (NYSE:DKS) Director Robert Eddy acquired 4,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 26th. The stock was acquired at an average price of $128.69 per share, for a total transaction of $514,760.00. Following the completion of the transaction, the director directly owned 10,886 shares in the company, valued at approximately $1,400,919.34. This represents a 58.09% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

DICK’S Sporting Goods Price Performance

NYSE:DKS traded up $3.32 during mid-day trading on Friday, hitting $135.09. 5,340,350 shares of the company’s stock traded hands, compared to its average volume of 1,615,070. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.38 and a current ratio of 1.49. The firm’s 50 day simple moving average is $207.21 and its 200 day simple moving average is $209.57. DICK’S Sporting Goods, Inc. has a 1 year low of $120.40 and a 1 year high of $244.38. The company has a market cap of $12.09 billion, a PE ratio of 14.51, a price-to-earnings-growth ratio of 1.22 and a beta of 1.21.

DICK’S Sporting Goods (NYSE:DKS) last announced its quarterly earnings results 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). DICK’S Sporting Goods had a net margin of 3.97% and a return on equity of 19.21%. The business had revenue of $5.59 billion during the quarter, compared to analysts’ expectations of $5.64 billion. During the same period last year, the company earned $4.38 EPS. The firm’s revenue for the quarter 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 expect that DICK’S Sporting Goods, Inc. will post 13.18 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. Investors of record on Friday, September 11th will be paid a dividend of $1.25 per share. The ex-dividend date of this dividend is Friday, September 11th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 3.7%. DICK’S Sporting Goods’s dividend payout ratio (DPR) is presently 53.71%.

DICK’S Sporting Goods News Summary

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

• Positive Sentiment: Oppenheimer maintained a Buy rating on DICK’S Sporting Goods, indicating that the firm still sees meaningful upside despite the recent selloff. Oppenheimer Remains a Buy on Dick’s Sporting Goods
• Positive Sentiment: Citigroup kept a Buy rating, though it cut its price target to $190 from $280. The revised target still implies substantial potential upside based on the reference price. Citigroup Lowers DICK’S Sporting Goods Price Target
• Neutral Sentiment: Commentary from Jim Cramer and a Zacks article focused on DKS’s post-earnings outlook and dividend appeal, offering investor perspective but no clear new fundamental catalyst. Jim Cramer Remarks on DICK’S Sporting Goods DICK’S Sporting Goods Could Be a Great Choice
• Negative Sentiment: DICK’S reported quarterly EPS of $3.53 versus the $3.74 consensus estimate, while revenue of $5.59 billion also missed expectations. EPS declined from $4.38 a year earlier, despite strong reported revenue growth, raising concerns about profitability and guidance.
• Negative Sentiment: Telsey downgraded DKS to Market Perform and slashed its target to $145 from $255. Bank of America reduced its target to $200, while BTIG and DA Davidson issued pessimistic forecasts, reinforcing concerns about the earnings outlook. Analyst Target Changes
• Negative Sentiment: Several law firms—including Levi & Korsinsky, Block & Leviton, BFA Law, Pomerantz, and Kaplan Fox—announced investigations into potential securities-law violations. These announcements are typically investor solicitations and do not establish wrongdoing, but they add headline and litigation risk. DKS Investor Alert

Institutional Investors Weigh In On DICK’S Sporting Goods

A number of hedge funds and other institutional investors have recently made changes to their positions in DKS. Brown Advisory Inc. boosted its stake in DICK’S Sporting Goods by 9.6% in the 2nd quarter. Brown Advisory Inc. now owns 1,143 shares of the sporting goods retailer’s stock worth $226,000 after buying an additional 100 shares during the last quarter. Cerity Partners LLC increased its stake in shares of DICK’S Sporting Goods by 54.1% during the 2nd quarter. Cerity Partners LLC now owns 1,600 shares of the sporting goods retailer’s stock valued at $316,000 after acquiring an additional 562 shares during the last quarter. Bank of Nova Scotia acquired a new position in shares of DICK’S Sporting Goods during the 2nd quarter valued at about $417,000. Daiwa Securities Group Inc. lifted its holdings in shares of DICK’S Sporting Goods by 9.8% during the 2nd quarter. Daiwa Securities Group Inc. now owns 5,974 shares of the sporting goods retailer’s stock worth $1,182,000 after acquiring an additional 531 shares during the period. Finally, NewEdge Advisors LLC lifted its holdings in shares of DICK’S Sporting Goods by 4.4% during the 2nd quarter. NewEdge Advisors LLC now owns 2,951 shares of the sporting goods retailer’s stock worth $584,000 after acquiring an additional 124 shares during the period. Hedge funds and other institutional investors own 89.83% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on DKS. Truist Financial downgraded shares of DICK’S Sporting Goods from a “buy” rating to a “hold” rating and cut their target price for the company from $270.00 to $135.00 in a research note on Wednesday. Robert W. Baird decreased their price target on shares of DICK’S Sporting Goods from $264.00 to $150.00 and set an “outperform” rating on the stock in a research note on Wednesday. Barclays lowered their price target on shares of DICK’S Sporting Goods from $280.00 to $150.00 and set an “overweight” rating for the company in a report on Wednesday. Morgan Stanley cut their price objective on shares of DICK’S Sporting Goods from $270.00 to $180.00 and set an “overweight” rating for the company in a research report on Wednesday. Finally, KGI Securities downgraded 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 research note on Wednesday. Twelve analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $170.22.

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.