DICK’S Sporting Goods, Inc. (NYSE:DKS – Get Free Report) Director William Colombo bought 913 shares of the firm’s stock in a transaction dated Tuesday, September 1st. The shares were purchased at an average price of $133.19 per share, with a total value of $121,602.47. Following the acquisition, the director directly owned 181,000 shares in the company, valued at approximately $24,107,390. This trade represents a 0.51% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
DICK’S Sporting Goods Trading Up 3.3%
NYSE DKS traded up $4.38 during mid-day trading on Wednesday, hitting $137.33. The company’s stock had a trading volume of 3,194,608 shares, compared to its average volume of 1,654,638. DICK’S Sporting Goods, Inc. has a 52-week low of $120.40 and a 52-week high of $244.38. The stock’s fifty day simple moving average is $201.13 and its two-hundred day simple moving average is $208.14. 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 has a market capitalization of $12.29 billion, a P/E ratio of 14.75, a price-to-earnings-growth ratio of 1.43 and a beta of 1.12.
DICK’S Sporting Goods (NYSE:DKS – Get Free Report) last released its quarterly earnings data on Tuesday, August 25th. The sporting goods retailer reported $3.53 earnings per share (EPS) for the quarter, missing the consensus estimate 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 business had revenue of $5.59 billion for the quarter, compared to analysts’ expectations of $5.64 billion. During the same quarter in the prior year, the firm earned $4.38 earnings per share. 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. Research analysts expect that DICK’S Sporting Goods, Inc. will post 11.72 EPS for the current year.
DICK’S Sporting Goods Announces Dividend
Institutional Investors Weigh In On DICK’S Sporting Goods
Hedge funds have recently bought and sold shares of the business. Jacobi Capital Management LLC raised its position in shares of DICK’S Sporting Goods by 4.5% in the 4th quarter. Jacobi Capital Management LLC now owns 1,189 shares of the sporting goods retailer’s stock valued at $235,000 after purchasing an additional 51 shares in the last quarter. Lido Advisors LLC grew its position in shares of DICK’S Sporting Goods by 3.9% during the third quarter. Lido Advisors LLC now owns 1,358 shares of the sporting goods retailer’s stock worth $302,000 after buying an additional 51 shares in the last quarter. Fifth Third Wealth Advisors LLC increased its stake in shares of DICK’S Sporting Goods by 2.4% in the first quarter. Fifth Third Wealth Advisors LLC now owns 2,284 shares of the sporting goods retailer’s stock worth $453,000 after buying an additional 54 shares during the last quarter. PCB Capital LLC increased its stake in shares of 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. Finally, Parallel Advisors LLC raised its holdings in DICK’S Sporting Goods by 5.9% in the fourth quarter. Parallel Advisors LLC now owns 980 shares of the sporting goods retailer’s stock valued at $194,000 after acquiring an additional 55 shares in the last quarter. Institutional investors and hedge funds own 89.83% of the company’s stock.
Key Stories Impacting DICK’S Sporting Goods
Here are the key news stories impacting DICK’S Sporting Goods this week:
- Positive Sentiment: Four DICK’S directors reportedly purchased approximately $3.7 million of company stock after the recent selloff. The purchases may signal that insiders view the decline as excessive and that the long-term outlook remains attractive. Dick’s Sporting Goods Directors Buy $3.7 Million of Stock After Shares Plunge
- Positive Sentiment: Analysts and market commentary continue to point to strength in DICK’S core business, while the stock’s decline has pushed its valuation and dividend yield to more appealing levels. However, some analysts remain hesitant to recommend buying until the Foot Locker integration becomes clearer. DICK’S Sporting Goods’ Foot Locker Integration Clouding Strong Core Results
- Neutral Sentiment: Multiple law firms, including Bragar Eagel & Squire, Kaplan Fox, Levi & Korsinsky, Bleichmar Fonti & Auld, Kirby McInerney, and Pomerantz, announced investigations into possible securities-law violations. These are investor solicitations and do not establish wrongdoing, but they add uncertainty and could create future legal costs or liabilities. Bragar Eagel & Squire Investigation
- Negative Sentiment: The central concern is that DICK’S materially reduced its consolidated non-GAAP operating-profit guidance and Foot Locker comparable-sales projections after previously raising them. Reports also cite inventory issues, increased discounting, and profit pressure connected to the acquisition, contributing to the recent selloff. DICK’S Sporting Goods Securities Investigation Notice
Analyst Ratings Changes
DKS has been the subject of several analyst reports. Guggenheim reaffirmed a “neutral” rating on shares of DICK’S Sporting Goods in a research report on Wednesday, August 26th. Oppenheimer reduced their price target on DICK’S Sporting Goods from $270.00 to $150.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 26th. The Goldman Sachs Group decreased 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. Barclays lowered 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 report on Wednesday, August 26th. Finally, Truist Financial cut shares of DICK’S Sporting Goods from a “buy” rating to a “hold” rating and reduced their target price for the stock from $270.00 to $135.00 in a research report on Wednesday, August 26th. Twelve equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, DICK’S Sporting Goods currently has an average rating of “Moderate Buy” and a consensus price target of $170.22.
Get Our Latest Report on DICK’S Sporting Goods
DICK’S Sporting Goods Company 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.
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