TD Waterhouse Canada Inc. lowered its position in DICK’S Sporting Goods, Inc. (NYSE:DKS – Free Report) by 68.9% during the second quarter, according to its most recent filing with the SEC. The firm owned 2,531 shares of the sporting goods retailer’s stock after selling 5,610 shares during the period. TD Waterhouse Canada Inc.’s holdings in DICK’S Sporting Goods were worth $582,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently modified their holdings of DKS. BlackRock Inc. bought a new position in DICK’S Sporting Goods during the second quarter worth $1,501,321,000. Bank of America Corp DE bought a new stake in DICK’S Sporting Goods during the second quarter valued at $1,024,000,000. Viking Global Investors LP acquired a new stake in DICK’S Sporting Goods during the 4th quarter worth about $509,371,000. Norges Bank acquired a new stake in DICK’S Sporting Goods during the 4th quarter worth about $192,639,000. Finally, Atreides Management LP bought a new position in shares of DICK’S Sporting Goods in the 2nd quarter worth about $172,715,000. 89.83% of the stock is owned by institutional investors.
DICK’S Sporting Goods Stock Performance
Shares of DKS stock opened at $133.30 on Friday. 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 has a fifty day simple moving average of $187.46 and a two-hundred day simple moving average of $204.87. DICK’S Sporting Goods, Inc. has a 12 month low of $120.40 and a 12 month high of $244.38. The firm has a market capitalization of $11.93 billion, a PE ratio of 14.32, a price-to-earnings-growth ratio of 1.55 and a beta of 1.11.
DICK’S Sporting Goods Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be given a $1.25 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $5.00 annualized dividend and a yield of 3.8%. DICK’S Sporting Goods’s dividend payout ratio (DPR) is presently 53.71%.
Trending Headlines about DICK’S Sporting Goods
Here are the key news stories impacting DICK’S Sporting Goods this week:
- Positive Sentiment: Traders purchased a large volume of DKS call options, indicating some investors are positioning for a potential rebound despite the recent weakness. Stock Traders Purchase Large Volume of DICK’S Sporting Goods Call Options
- Neutral Sentiment: Several law firms reminded shareholders that November 3, 2026 is the deadline to seek lead-plaintiff status in a securities class action covering investors who purchased DKS shares between September 8, 2025 and August 24, 2026. These notices repeat the same lawsuit and do not represent new operating developments. ROSEN securities class action notice
- Negative Sentiment: The securities lawsuit alleges that DICK’S and certain executives violated federal securities laws in connection with statements about the Foot Locker integration. Investor alerts say the case followed an August guidance cut that was associated with a reported $55.02-per-share decline. The allegations have not been proven, but the litigation creates legal, reputational and potential financial risks. DKS shareholder alert and class action details
- Negative Sentiment: Zacks Research lowered its EPS forecasts across fiscal 2027 through fiscal 2029, including fiscal 2027 EPS from $14.10 to $11.49 and fiscal 2028 EPS from $16.26 to $13.43. Zacks maintains a “Strong Sell” rating, reinforcing concerns about DICK’S longer-term earnings outlook.
- Negative Sentiment: The pressure follows DICK’S latest quarterly results, which missed analysts’ EPS and revenue expectations, while quarterly EPS declined year over year despite revenue growth driven partly by the Foot Locker acquisition.
Insider Buying and Selling
In related news, Director William J. Colombo acquired 5,000 shares of the stock in a transaction dated Wednesday, August 26th. The stock was purchased at an average cost of $128.72 per share, with a total value of $643,600.00. Following the completion of the purchase, the director directly owned 178,987 shares in the company, valued at $23,039,206.64. This trade represents a 2.87% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Sandeep Mathrani bought 1,550 shares of the company’s stock in a transaction dated Wednesday, August 26th. The stock was bought at an average price of $128.89 per share, for a total transaction of $199,779.50. Following the acquisition, the director directly owned 11,136 shares of the company’s stock, valued at approximately $1,435,319.04. This represents a 16.17% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have acquired a total of 29,563 shares of company stock worth $3,843,882 over the last 90 days. Company insiders own 28.91% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities research analysts recently commented on DKS shares. Truist Financial lowered DICK’S Sporting Goods from a “buy” rating to a “hold” rating and cut their target price for the company from $270.00 to $135.00 in a research report on Wednesday, August 26th. Weiss Ratings reissued a “hold (c+)” rating on shares of DICK’S Sporting Goods in a research note on Wednesday, September 2nd. KGI Securities cut DICK’S Sporting Goods from an “outperform” rating to a “neutral” rating and set a $135.10 price target on the stock. in a report on Wednesday, August 26th. Zacks Research lowered shares of DICK’S Sporting Goods from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 1st. Finally, Loop Capital reiterated a “hold” rating and set a $140.00 target price on shares of DICK’S Sporting Goods in a research report on Tuesday, August 25th. Twelve equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $167.20.
Read Our Latest Research Report on DICK’S Sporting Goods
About DICK’S Sporting Goods
DICK’S Sporting Goods, Inc is a leading American sporting goods retailer that sells athletic equipment, apparel, footwear and accessories for a broad range of sports and outdoor activities. Its merchandise includes products for fitness, team sports, golf, running, hunting, fishing and camping, as well as casual and performance-oriented clothing and footwear.
The company operates through its DICK’S Sporting Goods stores and e-commerce platform, along with specialty and concept businesses including Golf Galaxy, Public Lands and House of Sport locations.
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