DICK’S Sporting Goods (NYSE:DKS) Stock Rating Raised to “Hold” at Wall Street Zen

Wall Street Zen upgraded shares of DICK’S Sporting Goods (NYSE:DKS) from a sell rating to a hold rating in a research note issued to investors on Saturday,Wall Street Zen reports.

Other analysts have also issued reports about the stock. Loop Capital restated a “hold” rating and issued a $140.00 price target on shares of DICK’S Sporting Goods in a research report on Tuesday, August 25th. JPMorgan Chase & Co. cut their price objective on DICK’S Sporting Goods from $270.00 to $245.00 and set an “overweight” rating for the company in a report on Monday, August 24th. Wells Fargo & Company reduced their target price on DICK’S Sporting Goods from $240.00 to $185.00 and set an “overweight” rating on the stock in a report on Tuesday, August 25th. Morgan Stanley reduced their target price on shares of DICK’S Sporting Goods from $270.00 to $180.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 26th. Finally, Guggenheim reaffirmed a “neutral” rating on shares of DICK’S Sporting Goods in a research note on Wednesday, September 30th. Eleven equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, DICK’S Sporting Goods currently has a consensus rating of “Hold” and an average target price of $166.85.

DICK’S Sporting Goods Stock Performance

DICK’S Sporting Goods stock opened at $144.26 on Friday. The company has a market cap of $12.83 billion, a P/E ratio of 15.49, a price-to-earnings-growth ratio of 2.74 and a beta of 1.09. DICK’S Sporting Goods has a fifty-two week low of $120.15 and a fifty-two week high of $244.38. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.49 and a quick ratio of 0.36. The firm’s 50 day simple moving average is $147.07 and its 200-day simple moving average is $193.02.

DICK’S Sporting Goods (NYSE:DKS) last released 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 return on equity of 19.21% and a net margin of 3.97%. The company had revenue of $5.59 billion during the quarter, compared to analysts’ expectations of $5.64 billion. During the same quarter in the previous year, the company earned $4.38 EPS. The firm’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. As a group, equities research analysts predict that DICK’S Sporting Goods 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. This represents a $5.00 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date was Friday, September 11th. DICK’S Sporting Goods’s dividend payout ratio is 53.71%.

Insiders Place Their Bets

In related news, Director Mark Barrenechea purchased 17,000 shares of the stock in a transaction on Thursday, August 27th. The shares were purchased at an average cost of $130.72 per share, with a total value of $2,222,240.00. Following the acquisition, the director directly owned 25,977 shares in the company, valued at $3,395,713.44. The trade was a 189.37% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Matthew Barnes purchased 3,665 shares of the stock in a transaction on Wednesday, September 30th. The stock was bought at an average cost of $136.39 per share, for a total transaction of $499,869.35. Following the completion of the acquisition, the insider owned 11,965 shares in the company, valued at approximately $1,631,906.35. This trade represents a 44.16% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired 42,795 shares of company stock worth $5,588,641 in the last 90 days. Corporate insiders own 28.91% of the company’s stock.

Hedge Funds Weigh In On DICK’S Sporting Goods

A number of large investors have recently made changes to their positions in DKS. BlackRock Inc. acquired a new position in DICK’S Sporting Goods in the 2nd quarter valued at $1,501,321,000. Bank of America Corp DE acquired a new position in shares of DICK’S Sporting Goods in the second quarter valued at about $1,024,000,000. Darsana Capital Partners LP increased its position in DICK’S Sporting Goods by 9.1% during the second 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. Maverick Capital Ltd. increased 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 period. Finally, Principal Financial Group Inc. increased its position in DICK’S Sporting Goods by 26.2% during the first quarter. Principal Financial Group Inc. now owns 634,874 shares of the sporting goods retailer’s stock worth $125,889,000 after acquiring an additional 131,797 shares during the period. Institutional investors own 89.83% of the company’s stock.

Key Headlines Impacting DICK’S Sporting Goods

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

• Positive Sentiment: DICK’S Sporting Goods announced a multi-year deal to serve as the official Knicks footwear retail partner. The agreement could increase brand visibility and support sales of team-related footwear and merchandise. DICK’S Sporting Goods Lands Multi-Year Knicks Footwear Retail Deal
• Positive Sentiment: The company and Foot Locker plan to hire more than 11,000 seasonal employees for the 2026 holiday season. The hiring plan suggests DKS is preparing for substantial holiday traffic and provides some evidence of confidence in seasonal demand, although it will also increase labor costs. DICK’S Sporting Goods to Hire Over 11,000 Seasonal Teammates
• Positive Sentiment: An investment analysis highlighted DKS’s planned expansion of its large-format House of Sport stores as a potential long-term growth driver. The concept could broaden product offerings and create more experiential shopping, though execution remains important. One Reason DICK’S Sporting Goods Is Worth a Second Look
• Neutral Sentiment: Multiple law firms reiterated that investors can seek appointment as lead plaintiff in a securities-fraud class action covering purchases from September 8, 2025, through August 24, 2026. The November 3, 2026 deadline is procedural and does not establish that DKS violated securities laws, but the repeated announcements keep legal risk in focus. Kaplan Fox Securities-Fraud Class Action Announcement
• Negative Sentiment: The lawsuit allegations center on statements about Foot Locker’s inventory quality and margin outlook before DKS reduced its Foot Locker sales outlook, after which shares fell sharply. The claims could create financial, reputational, and management-distraction risks if they proceed. SueWallSt DKS Class Action Reminder
• Negative Sentiment: Recent analysis also cited excess footwear inventory and difficulties integrating the Foot Locker acquisition. These issues could pressure markdowns, margins, and near-term earnings, helping explain why the stock remains well below its 52-week high despite its recent increase.

DICK’S Sporting Goods Company 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.