DICK’S Sporting Goods, Inc. $DKS Stock Holdings Lessened by Central Bank & Trust Co.

Central Bank & Trust Co. cut its stake in DICK’S Sporting Goods, Inc. (NYSE:DKS) by 26.3% in the 3rd quarter, Holdings Channel reports. The firm owned 18,479 shares of the sporting goods retailer’s stock after selling 6,593 shares during the period. Central Bank & Trust Co.’s holdings in DICK’S Sporting Goods were worth $2,482,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Fifth Third Wealth Advisors LLC boosted its holdings in shares of DICK’S Sporting Goods by 2.4% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 2,284 shares of the sporting goods retailer’s stock valued at $453,000 after buying an additional 54 shares in the last quarter. PCB Capital LLC raised its holdings in DICK’S Sporting Goods by 1.5% in the first quarter. PCB Capital LLC now owns 3,607 shares of the sporting goods retailer’s stock worth $715,000 after buying an additional 55 shares during the last quarter. Stonehearth Capital Management LLC boosted its stake in DICK’S Sporting Goods by 5.5% during the 1st quarter. Stonehearth Capital Management LLC now owns 1,087 shares of the sporting goods retailer’s stock valued at $216,000 after purchasing an additional 57 shares during the last quarter. J2 Capital Management Inc grew its holdings in shares of DICK’S Sporting Goods by 2.1% in the first quarter. J2 Capital Management Inc now owns 3,030 shares of the sporting goods retailer’s stock worth $601,000 after acquiring an additional 62 shares during the period. Finally, Assetmark Inc. increased its stake in shares of DICK’S Sporting Goods by 2.2% in the 1st quarter. Assetmark Inc. now owns 2,887 shares of the sporting goods retailer’s stock worth $572,000 after purchasing an additional 63 shares in the last quarter. 89.83% of the stock is owned by institutional investors.

Trending Headlines about DICK’S Sporting Goods

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

• Positive Sentiment: One analysis argues that DICK’S Sporting Goods may be undervalued following its sharp selloff, which could attract value-oriented investors if the company stabilizes operations and delivers on its acquisition strategy. DICK’S Sporting Goods Stock Looks Undervalued On Its 38% Slide
• Neutral Sentiment: Multiple law firms, including Kaplan Fox, Rosen, SBS, Bronstein Gewirtz & Grossman, Pomerantz, and Glancy Prongay, reiterated notices about a securities-fraud class action covering investors who bought DKS shares between September 8, 2025, and August 24, 2026. The November 3, 2026 lead-plaintiff deadline is the immediate legal milestone; these announcements largely repeat previously reported allegations rather than represent a new financial development. Kaplan Fox Class Action Deadline Notice
• Negative Sentiment: The litigation allegations focus on DICK’S disclosures surrounding its Foot Locker acquisition. Plaintiffs claim the company overstated the deal’s growth and profitability prospects and failed to adequately account for Foot Locker’s inventory, legacy footwear, and promotional challenges. One notice specifically cites a reduction in Foot Locker comparable-sales guidance from expected growth of 1.5%–3% to a decline of 2%–0%. If sustained, the allegations could increase legal costs, reputational risk, and uncertainty around the acquisition’s returns. Moore Law Investor Action Notice
• Negative Sentiment: Separate coverage is questioning DKS’s dividend because of weaker free cash flow, raising concerns about dividend sustainability and the company’s financial flexibility after the Foot Locker transaction. DICK’S Sporting Goods Dividend Faces Fresh Scrutiny

DICK’S Sporting Goods Stock Up 0.8%

DKS stock traded up $1.14 during midday trading on Friday, reaching $135.77. 461,209 shares of the company were exchanged, compared to its average volume of 1,826,429. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.36 and a current ratio of 1.49. The company has a market cap of $12.07 billion, a price-to-earnings ratio of 14.59, a price-to-earnings-growth ratio of 2.49 and a beta of 1.09. The stock’s 50-day simple moving average is $154.49 and its 200 day simple moving average is $195.29. DICK’S Sporting Goods, Inc. has a 1-year low of $120.15 and a 1-year 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). The business had revenue of $5.59 billion during the quarter, compared to analysts’ expectations of $5.64 billion. DICK’S Sporting Goods had a net margin of 3.97% and a return on equity of 19.21%. The firm’s quarterly revenue was up 53.2% compared to the same quarter last year. During the same quarter last year, the firm earned $4.38 earnings per share. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. On average, equities analysts forecast that DICK’S Sporting Goods, Inc. will post 11.69 earnings per share for the current year.

DICK’S Sporting Goods Dividend Announcement

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

Insider Buying and Selling at DICK’S Sporting Goods

In other DICK’S Sporting Goods news, insider Matthew Barnes purchased 3,665 shares of DICK’S Sporting Goods stock in a transaction dated Wednesday, September 30th. The shares were bought at an average cost of $136.39 per share, for a total transaction of $499,869.35. Following the transaction, the insider owned 11,965 shares in the company, valued at $1,631,906.35. This represents a 44.16% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Navdeep Gupta bought 7,707 shares of the stock in a transaction that occurred on Tuesday, September 22nd. The stock was acquired at an average price of $129.75 per share, for a total transaction of $999,983.25. Following the completion of the transaction, the executive vice president owned 86,580 shares in the company, valued at $11,233,755. This trade represents a 9.77% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last ninety days, insiders have purchased 42,795 shares of company stock valued at $5,588,641. Corporate insiders own 28.91% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on DKS. BMO Capital Markets assumed coverage on DICK’S Sporting Goods in a research note on Tuesday, September 8th. They set an “underperform” rating and a $110.00 price target for the company. Guggenheim restated a “neutral” rating on shares of DICK’S Sporting Goods in a research note on Wednesday, September 30th. Truist Financial cut their price objective on DICK’S Sporting Goods from $135.00 to $128.00 and set a “hold” rating on the stock in a report on Thursday, October 1st. Wells Fargo & Company dropped their target price on DICK’S Sporting Goods from $240.00 to $185.00 and set an “overweight” rating on the stock in a research report on Tuesday, August 25th. Finally, Barclays decreased their price objective on shares of DICK’S Sporting Goods from $280.00 to $150.00 and set an “overweight” rating for the company in a research note on Wednesday, August 26th. Eleven research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $166.85.

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.