31,460 DICK’S Sporting Goods, Inc. $DKS Shares Purchased by Valley Wealth Managers Inc.

Valley Wealth Managers Inc. boosted its position in shares of DICK’S Sporting Goods, Inc. (NYSE:DKS) by 142.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 53,580 shares of the sporting goods retailer’s stock after purchasing an additional 31,460 shares during the quarter. Valley Wealth Managers Inc. owned approximately 0.06% of DICK’S Sporting Goods worth $7,195,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. BlackRock Inc. acquired a new position in shares of DICK’S Sporting Goods during the 2nd quarter worth $1,501,321,000. Bank of America Corp DE acquired a new stake in DICK’S Sporting Goods in the 2nd quarter valued at about $1,024,000,000. Darsana Capital Partners LP increased its holdings in DICK’S Sporting Goods by 9.1% during the 2nd quarter. Darsana Capital Partners LP now owns 1,500,000 shares of the sporting goods retailer’s stock valued at $340,215,000 after acquiring an additional 125,000 shares in the last quarter. Sachem Head Capital Management LP increased its holdings in DICK’S Sporting Goods by 21.0% during the 4th quarter. Sachem Head Capital Management LP now owns 1,220,000 shares of the sporting goods retailer’s stock valued at $241,523,000 after acquiring an additional 211,400 shares in the last quarter. Finally, Maverick Capital Ltd. raised its position in DICK’S Sporting Goods by 25.3% during the first quarter. Maverick Capital Ltd. now owns 1,044,903 shares of the sporting goods retailer’s stock worth $207,194,000 after acquiring an additional 210,654 shares during the last quarter. Institutional investors and hedge funds own 89.83% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on DKS. Jefferies Financial Group set a $171.00 price target on shares of DICK’S Sporting Goods in a research report on Tuesday, August 25th. Morgan Stanley reduced their target price on 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. BTIG Research lowered their target price on DICK’S Sporting Goods from $300.00 to $180.00 and set a “buy” rating on the stock in a report on Wednesday, August 26th. The Goldman Sachs Group cut their price target on DICK’S Sporting Goods from $271.00 to $170.00 and set a “buy” rating for the company in a report on Wednesday, August 26th. Finally, BNP Paribas Exane restated an “underperform” rating and issued a $99.00 price objective on shares of DICK’S Sporting Goods in a research report on Wednesday, August 26th. Eleven equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $166.85.

More DICK’S Sporting Goods News

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

• Positive Sentiment: One analysis argues that DICK’S shares look undervalued after a roughly 38% slide, implying that the stock may offer recovery potential if the company stabilizes Foot Locker’s operations and earnings. DICK’S Sporting Goods Stock Looks Undervalued
• Neutral Sentiment: Multiple law firms are publicizing a securities class action covering investors who purchased DKS shares from September 8, 2025, through August 24, 2026. The November 3, 2026, lead-plaintiff deadline is an administrative milestone, and the allegations have not been proven. Rosen Securities Class Action Notice
• Negative Sentiment: The litigation campaign alleges that DICK’S misled investors about the Foot Locker acquisition and the condition of Foot Locker’s inventory and promotional challenges. One notice highlights an alleged reduction in Foot Locker comparable-sales guidance from growth of 1.5%-3.0% to a decline of 2.0% to 0.0%, raising concerns about integration, demand, and potential legal costs. Moore Law Investor Action Notice
• Negative Sentiment: Separate reports are drawing attention to weaker free cash flow and renewed scrutiny of DICK’S dividend coverage. This could limit shareholder returns or increase concerns about the sustainability of the payout, particularly as the company manages the Foot Locker integration. DICK’S Dividend Faces Scrutiny

DICK’S Sporting Goods Trading Up 1.3%

DKS stock opened at $136.44 on Friday. The company has a market cap of $12.13 billion, a price-to-earnings ratio of 14.66, a PEG ratio of 2.55 and a beta of 1.09. DICK’S Sporting Goods, Inc. has a 52 week low of $120.15 and a 52 week 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 business has a fifty day simple moving average of $153.30 and a 200-day simple moving average of $194.88.

DICK’S Sporting Goods (NYSE:DKS) last posted its earnings results on Tuesday, August 25th. The sporting goods retailer reported $3.53 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 company had revenue of $5.59 billion during the quarter, compared to analyst estimates of $5.64 billion. During the same quarter last year, the business posted $4.38 EPS. DICK’S Sporting Goods’s quarterly revenue was up 53.2% compared to the same quarter last year. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. On average, equities research analysts expect that DICK’S Sporting Goods, Inc. will post 11.69 EPS for the current year.

DICK’S Sporting Goods Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Friday, September 11th were paid a $1.25 dividend. The ex-dividend date was Friday, September 11th. This represents a $5.00 annualized dividend and a dividend yield of 3.7%. DICK’S Sporting Goods’s payout ratio is 53.71%.

Insiders Place Their Bets

In other DICK’S Sporting Goods news, Director Robert Eddy purchased 4,000 shares of DICK’S Sporting Goods stock in a transaction that occurred on Wednesday, August 26th. The stock was purchased at an average price of $128.69 per share, with a total value of $514,760.00. Following the completion of the acquisition, the director owned 10,886 shares of the company’s stock, valued at approximately $1,400,919.34. This trade represents a 58.09% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Navdeep Gupta acquired 7,707 shares of the stock in a transaction on 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 purchase, the executive vice president owned 86,580 shares in the company, valued at $11,233,755. This represents a 9.77% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders have acquired 42,795 shares of company stock valued at $5,588,641. Insiders own 28.91% of the company’s stock.

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 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.