5,505 Shares in DICK’S Sporting Goods, Inc. $DKS Purchased by Corient Private Wealth LP

Corient Private Wealth LP bought a new position in shares of DICK’S Sporting Goods, Inc. (NYSE:DKS) during the 2nd quarter, Holdings Channel.com reports. The fund bought 5,505 shares of the sporting goods retailer’s stock, valued at approximately $1,249,000.

A number of other institutional investors also recently made changes to their positions in the stock. The Manufacturers Life Insurance Company acquired a new stake in DICK’S Sporting Goods during the second quarter worth about $11,466,000. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of DICK’S Sporting Goods during the 2nd quarter worth $18,448,000. State of Wyoming acquired a new position in shares of DICK’S Sporting Goods in the second quarter worth about $1,348,000. Financial Synergies Wealth Advisors Inc. purchased a new stake in shares of DICK’S Sporting Goods in the fourth quarter valued at $1,446,000. Finally, Norges Bank purchased a new stake in shares of DICK’S Sporting Goods in the fourth quarter worth approximately $192,639,000. 89.83% of the stock is owned by institutional investors and hedge funds.

DICK’S Sporting Goods Stock Down 0.3%

Shares of DKS opened at $139.33 on Friday. The stock has a market capitalization of $12.47 billion, a PE ratio of 14.97, a P/E/G ratio of 1.62 and a beta of 1.11. 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 firm’s 50 day moving average is $195.17 and its 200-day moving average is $206.79. DICK’S Sporting Goods, Inc. has a 12 month low of $120.40 and a 12 month high of $244.38.

DICK’S Sporting Goods (NYSE:DKS) last posted its quarterly earnings results on Tuesday, August 25th. The sporting goods retailer reported $3.53 earnings per share 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 in the previous year, the business posted $4.38 earnings per share. The company’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. Equities research analysts forecast that DICK’S Sporting Goods, Inc. will post 11.73 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. Stockholders of record on Friday, September 11th will be paid a $1.25 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $5.00 annualized dividend and a dividend yield of 3.6%. DICK’S Sporting Goods’s dividend payout ratio is 53.71%.

Insider Buying and Selling

In other DICK’S Sporting Goods news, Director William J. Colombo bought 5,000 shares of DICK’S Sporting Goods stock in a transaction dated Wednesday, August 26th. The stock was purchased at an average price of $128.72 per share, for a total transaction of $643,600.00. Following the completion of the purchase, the director directly owned 178,987 shares of the company’s stock, valued at approximately $23,039,206.64. This trade represents a 2.87% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Mark J. Barrenechea bought 17,000 shares of the stock in a transaction on Thursday, August 27th. The shares were acquired at an average cost of $130.72 per share, for a total transaction of $2,222,240.00. Following the acquisition, the director directly owned 25,977 shares in the company, valued at approximately $3,395,713.44. This trade represents a 189.37% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased 29,563 shares of company stock worth $3,843,882 over the last three months. Company insiders own 28.91% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on DKS. BNP Paribas Exane reaffirmed an “underperform” rating and set a $99.00 price objective on shares of DICK’S Sporting Goods in a report on Wednesday, August 26th. The Goldman Sachs Group decreased their price objective on DICK’S Sporting Goods from $271.00 to $170.00 and set a “buy” rating on the stock in a report on Wednesday, August 26th. Morgan Stanley cut their target price on DICK’S Sporting Goods from $270.00 to $180.00 and set an “overweight” rating for the company in a research note on Wednesday, August 26th. Truist Financial lowered DICK’S Sporting Goods from a “buy” rating to a “hold” rating and decreased their price target for the company from $270.00 to $135.00 in a research note on Wednesday, August 26th. Finally, Barclays decreased their price objective on DICK’S Sporting Goods from $280.00 to $150.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 26th. Twelve analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, DICK’S Sporting Goods currently has a consensus rating of “Hold” and a consensus 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: Director William Colombo purchased 913 DKS shares for approximately $121,600, increasing his direct ownership to 181,000 shares. Recent insider buying may signal that company directors view the selloff as an attractive entry point. DICK’S Sporting Goods Director Acquires 913 Shares of Stock
• Neutral Sentiment: DKS now trades at a materially lower valuation and offers an annualized dividend of $5.00 per share, or roughly a 3.6% yield based on the provided price. However, analysts remain divided, with a consensus “Hold” rating and an average price target of $170.22. Dick’s Sporting Goods Stock Just Crashed 31%
• Negative Sentiment: DICK’S reduced its 2026 profit outlook as Foot Locker weakness, promotional activity and higher costs outweighed strong sales growth in its core operations. The company’s latest quarterly earnings also missed analyst expectations, increasing concerns about integration execution and profitability. DKS Cuts 2026 Profit Outlook
• Negative Sentiment: Multiple law firms, including Kaplan Fox, Block & Leviton, Bleichmar Fonti & Auld, Kirby McInerney and Pomerantz, announced investigations into potential securities-law violations. The inquiries reportedly focus on whether DICK’S adequately disclosed inventory, discounting and Foot Locker-related profit risks. These notices are investor-solicitation announcements and do not establish wrongdoing, but they add legal and reputational overhang. Kaplan Fox Securities Investigation
• Negative Sentiment: Zacks Research downgraded DKS to “strong sell,” while technical coverage flagged a bearish “death cross” pattern, reinforcing negative momentum and investor caution. DKS Death Cross Analysis

DICK’S Sporting Goods 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.