Sachem Head Capital Management LP Has $241.52 Million Stake in DICK’S Sporting Goods, Inc. $DKS

Posted by George Bondi on Jun 15th, 2026

Sachem Head Capital Management LP increased its holdings in DICK’S Sporting Goods, Inc. (NYSE:DKS – Free Report) by 21.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,220,000 shares of the sporting goods retailer’s stock after buying an additional 211,400 shares during the period. DICK’S Sporting Goods accounts for 5.7% of Sachem Head Capital Management LP’s investment portfolio, making the stock its 8th biggest position. Sachem Head Capital Management LP’s holdings in DICK’S Sporting Goods were worth $241,523,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Migdal Insurance & Financial Holdings Ltd. bought a new position in DICK’S Sporting Goods in the 4th quarter worth approximately $30,000. Clearstead Advisors LLC boosted its holdings in DICK’S Sporting Goods by 46.9% in the 3rd quarter. Clearstead Advisors LLC now owns 144 shares of the sporting goods retailer’s stock worth $32,000 after buying an additional 46 shares during the period. Laurel Wealth Advisors LLC bought a new position in DICK’S Sporting Goods in the 4th quarter worth approximately $34,000. Elyxium Wealth LLC bought a new position in DICK’S Sporting Goods in the 4th quarter worth approximately $35,000. Finally, Newbridge Financial Services Group Inc. bought a new position in DICK’S Sporting Goods in the 4th quarter worth approximately $40,000. 89.83% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, Chairman Edward W. Stack sold 210,478 shares of DICK’S Sporting Goods stock in a transaction on Tuesday, March 31st. The shares were sold at an average price of $197.69, for a total transaction of $41,609,395.82. Following the completion of the sale, the chairman directly owned 6,549,026 shares of the company’s stock, valued at approximately $1,294,676,949.94. The trade was a 3.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Julie Lodge-Jarrett sold 4,140 shares of DICK’S Sporting Goods stock in a transaction on Friday, April 17th. The stock was sold at an average price of $223.56, for a total transaction of $925,538.40. Following the sale, the executive vice president directly owned 24,757 shares of the company’s stock, valued at $5,534,674.92. This represents a 14.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 28.91% of the company’s stock.

DICK’S Sporting Goods Stock Down 0.1%

Shares of NYSE:DKS opened at $220.73 on Monday. The firm has a fifty day moving average price of $218.79 and a two-hundred day moving average price of $210.19. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.50 and a quick ratio of 0.38. DICK’S Sporting Goods, Inc. has a one year low of $170.73 and a one year high of $237.75. The company has a market cap of $19.76 billion, a price-to-earnings ratio of 20.98, a PEG ratio of 1.93 and a beta of 1.20.

DICK’S Sporting Goods (NYSE:DKS – Get Free Report) last announced its quarterly earnings results on Wednesday, May 27th. The sporting goods retailer reported $2.90 EPS for the quarter, missing the consensus estimate of $2.91 by ($0.01). DICK’S Sporting Goods had a net margin of 4.71% and a return on equity of 22.22%. The firm had revenue of $5.16 billion during the quarter, compared to the consensus estimate of $5.07 billion. During the same period in the previous year, the business earned $3.37 earnings per share. The firm’s revenue for the quarter was up 62.7% on a year-over-year basis. DICK’S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. Analysts anticipate that DICK’S Sporting Goods, Inc. will post 14.23 EPS for the current fiscal year.

DICK’S Sporting Goods Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Friday, June 12th will be issued a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Friday, June 12th. DICK’S Sporting Goods’s payout ratio is currently 47.53%.

Analyst Ratings Changes

DKS has been the subject of several analyst reports. Telsey Advisory Group raised their price objective on shares of DICK’S Sporting Goods from $240.00 to $255.00 and gave the stock an “outperform” rating in a report on Wednesday, May 20th. UBS Group reissued a “buy” rating on shares of DICK’S Sporting Goods in a report on Tuesday, March 3rd. Wells Fargo & Company reissued a “positive” rating on shares of DICK’S Sporting Goods in a report on Thursday, May 28th. DA Davidson reissued a “buy” rating and issued a $260.00 price target on shares of DICK’S Sporting Goods in a report on Thursday, May 28th. Finally, Morgan Stanley raised their price target on shares of DICK’S Sporting Goods from $250.00 to $270.00 and gave the company an “overweight” rating in a report on Thursday, May 28th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $253.89.

Get Our Latest Analysis on DICK’S Sporting Goods

More DICK’S Sporting Goods News

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

Positive Sentiment: Zacks Research raised its Q4 2028 EPS estimate to $5.00 from $4.45, and also increased FY2028 and FY2029 earnings forecasts, signaling stronger expected profit growth ahead. DICK’S Sporting Goods stock page
Positive Sentiment: New coverage highlights that DICK’S Sporting’s Q1 comparable sales rose 6%, driven by higher ticket sizes and customer traffic, which supports the case that it is gaining market share. Zacks article: DICK’S Sporting’s Q1 Comps Rise 6%
Neutral Sentiment: Analysts also nudged several other quarterly estimates higher or lower, but the changes were relatively small overall and mostly reflect fine-tuning rather than a major shift in the outlook. DICK’S Sporting Goods stock page
Negative Sentiment: Some near-term estimate cuts, including Q2 2027, Q3 2027, and FY2027, suggest analysts still see pockets of moderation in earnings momentum despite the longer-term optimism. DICK’S Sporting Goods stock page

DICK’S Sporting Goods Profile

(Free Report)

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.