DICK’S Sporting Goods (NYSE:DKS) Director Buys $199,779.50 in Stock

DICK’S Sporting Goods, Inc. (NYSE:DKS) Director Sandeep Mathrani bought 1,550 shares of the firm’s stock in a transaction that occurred on Wednesday, August 26th. The shares were purchased at an average cost of $128.89 per share, with a total value of $199,779.50. Following the purchase, the director directly owned 11,136 shares of the company’s stock, valued at approximately $1,435,319.04. This represents a 16.17% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

DICK’S Sporting Goods Price Performance

Shares of DICK’S Sporting Goods stock opened at $135.09 on Monday. The company has a current ratio of 1.49, a quick ratio of 0.36 and a debt-to-equity ratio of 0.33. The company’s 50-day moving average price is $205.27 and its two-hundred day moving average price is $209.10. DICK’S Sporting Goods, Inc. has a 52 week low of $120.40 and a 52 week high of $244.38. The stock has a market cap of $12.09 billion, a PE ratio of 14.51, a price-to-earnings-growth ratio of 1.43 and a beta of 1.21.

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 net margin of 3.97% and a return on equity of 19.21%. The business had revenue of $5.59 billion for the quarter, compared to the consensus estimate of $5.64 billion. During the same quarter last year, the business posted $4.38 EPS. The business’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. As a group, sell-side analysts anticipate that DICK’S Sporting Goods, Inc. will post 11.72 EPS for the current fiscal 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 given a $1.25 dividend. The ex-dividend date is Friday, September 11th. This represents a $5.00 annualized dividend and a yield of 3.7%. DICK’S Sporting Goods’s payout ratio is 53.71%.

Institutional Investors Weigh In On DICK’S Sporting Goods

A number of institutional investors have recently modified their holdings of the stock. Harbor Investment Advisory LLC acquired a new position in DICK’S Sporting Goods in the 1st quarter worth about $30,000. Laurel Wealth Advisors LLC acquired a new stake in shares of DICK’S Sporting Goods during the 4th quarter valued at about $34,000. Elyxium Wealth LLC bought a new stake in shares of DICK’S Sporting Goods in the 4th quarter valued at approximately $35,000. SHP Wealth Management bought a new stake in shares of DICK’S Sporting Goods in the 4th quarter valued at approximately $38,000. Finally, Torren Management LLC acquired a new position in DICK’S Sporting Goods in the fourth quarter worth approximately $41,000. Institutional investors and hedge funds own 89.83% of the company’s stock.

Analyst Ratings Changes

DKS has been the topic of a number of recent analyst reports. Citigroup cut their target price on DICK’S Sporting Goods from $280.00 to $190.00 and set a “buy” rating on the stock in a research report on Thursday. Barclays lowered their price objective on shares of DICK’S Sporting Goods from $280.00 to $150.00 and set an “overweight” rating on the stock in a research report on Wednesday. Jefferies Financial Group set a $171.00 target price on shares of DICK’S Sporting Goods in a research note on Tuesday, August 25th. UBS Group reduced their target price on DICK’S Sporting Goods from $275.00 to $178.00 and set a “buy” rating for the company in a report on Thursday. Finally, Weiss Ratings downgraded DICK’S Sporting Goods from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, June 5th. Twelve research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average 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: Several directors made sizable open-market purchases after the earnings-related decline. William J. Colombo bought 6,100 shares for roughly $785,500, Mark J. Barrenechea purchased 17,000 shares for about $2.2 million, Robert W. Eddy bought 4,000 shares, and Sandeep Mathrani acquired 1,550 shares. The transactions may signal that company insiders view the selloff as excessive. SEC insider filing
• Positive Sentiment: Oppenheimer maintained a Buy rating, and Citigroup retained a Buy rating despite reducing its price target to $190 from $280. The new target still implies substantial potential upside from current trading levels. Analyst price target report
• Neutral Sentiment: Multiple law firms announced investigations into potential securities-law violations, including Kaplan Fox, Block & Leviton, BFA Law, Levi & Korsinsky and Pomerantz. These notices are investor solicitations and do not establish that DICK’S violated any law, but they add reputational and litigation risk. Kaplan Fox investigation notice
• Negative Sentiment: DICK’S reported quarterly earnings of $3.53 per share versus the $3.74 consensus estimate, while revenue of $5.59 billion also fell short of expectations. Earnings declined from $4.38 per share a year earlier, intensifying concerns about profitability despite strong reported revenue growth.
• Negative Sentiment: Telsey downgraded the stock to Market Perform and slashed its price target to $145 from $255. DA Davidson and BTIG also issued pessimistic forecasts, reinforcing concerns about the company’s outlook. Analyst downgrade report

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.