Dupree Financial Group LLC lifted its position in shares of DICK’S Sporting Goods, Inc. (NYSE:DKS – Free Report) by 95.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 36,657 shares of the sporting goods retailer’s stock after acquiring an additional 17,918 shares during the period. DICK’S Sporting Goods makes up about 1.3% of Dupree Financial Group LLC’s portfolio, making the stock its 21st largest holding. Dupree Financial Group LLC’s holdings in DICK’S Sporting Goods were worth $4,923,000 at the end of the most recent reporting period.
A number of other hedge funds have also added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in DICK’S Sporting Goods during the second quarter worth $1,501,321,000. Bank of America Corp DE bought a new stake in shares of DICK’S Sporting Goods during the 2nd quarter valued at approximately $1,024,000,000. Bank of New York Mellon Corp bought a new stake in shares of DICK’S Sporting Goods during the second quarter worth $128,943,000. Atreides Management LP bought a new stake in DICK’S Sporting Goods during the 2nd quarter worth $85,081,000. Finally, Sachem Head Capital Management LP grew its holdings in shares of DICK’S Sporting Goods by 21.0% during the fourth quarter. Sachem Head Capital Management LP now owns 1,220,000 shares of the sporting goods retailer’s stock worth $241,523,000 after purchasing an additional 211,400 shares during the last quarter. 89.83% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
A number of research analysts recently issued reports on DKS shares. Jefferies Financial Group set a $171.00 price objective on shares of DICK’S Sporting Goods in a report on Tuesday, August 25th. Zacks Research lowered shares of DICK’S Sporting Goods from a “hold” rating to a “strong sell” rating in a report on Tuesday, September 1st. Wall Street Zen cut shares of DICK’S Sporting Goods from a “hold” rating to a “sell” rating in a research report on Saturday, September 12th. Bank of America dropped their price target on shares of DICK’S Sporting Goods from $245.00 to $200.00 and set a “buy” rating for the company in a research note on Wednesday, August 26th. Finally, Loop Capital reiterated a “hold” rating and set a $140.00 price target on shares of DICK’S Sporting Goods in a report on Tuesday, August 25th. Eleven investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $166.85.
Key Headlines Impacting 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 shares look undervalued after a roughly 38% slide, implying that the stock may offer recovery potential if the company stabilizes Foot Locker’s operations and earnings. DICK’S Sporting Goods Stock Looks Undervalued
- Neutral Sentiment: Multiple law firms are publicizing a securities class action covering investors who purchased DKS shares from September 8, 2025, through August 24, 2026. The November 3, 2026, lead-plaintiff deadline is an administrative milestone, and the allegations have not been proven. Rosen Securities Class Action Notice
- Negative Sentiment: The litigation campaign alleges that DICK’S misled investors about the Foot Locker acquisition and the condition of Foot Locker’s inventory and promotional challenges. One notice highlights an alleged reduction in Foot Locker comparable-sales guidance from growth of 1.5%-3.0% to a decline of 2.0% to 0.0%, raising concerns about integration, demand, and potential legal costs. Moore Law Investor Action Notice
- Negative Sentiment: Separate reports are drawing attention to weaker free cash flow and renewed scrutiny of DICK’S dividend coverage. This could limit shareholder returns or increase concerns about the sustainability of the payout, particularly as the company manages the Foot Locker integration. DICK’S Dividend Faces Scrutiny
DICK’S Sporting Goods Trading Up 1.3%
Shares of DKS stock opened at $136.44 on Friday. The stock has a market cap of $12.13 billion, a price-to-earnings ratio of 14.66, a PEG ratio of 2.55 and a beta of 1.09. The stock has a 50-day moving average of $153.30 and a 200-day moving average of $194.88. The company has a current ratio of 1.49, a quick ratio of 0.36 and a debt-to-equity ratio of 0.33. 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 – Get Free Report) last posted its quarterly earnings data on Tuesday, August 25th. The sporting goods retailer reported $3.53 EPS for the quarter, missing analysts’ consensus estimates of $3.74 by ($0.21). The company had revenue of $5.59 billion during the quarter, compared to analyst estimates of $5.64 billion. DICK’S Sporting Goods had a return on equity of 19.21% and a net margin of 3.97%. DICK’S Sporting Goods’s revenue was up 53.2% compared to the same quarter last year. During the same period in the prior 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 research analysts forecast that DICK’S Sporting Goods, Inc. will post 11.69 earnings per share for the current year.
DICK’S Sporting Goods Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, September 11th were given a dividend of $1.25 per share. The ex-dividend date was Friday, September 11th. This represents a $5.00 annualized dividend and a dividend yield of 3.7%. 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, Director Mark J. Barrenechea purchased 17,000 shares of the firm’s stock in a transaction on Thursday, August 27th. The stock was purchased at an average cost of $130.72 per share, for a total transaction of $2,222,240.00. Following the acquisition, the director owned 25,977 shares in the company, valued at approximately $3,395,713.44. The trade was a 189.37% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Matthew Barnes acquired 3,665 shares of the stock in a transaction dated Wednesday, September 30th. The stock was acquired at an average cost of $136.39 per share, with a total value of $499,869.35. Following the completion of the transaction, the insider owned 11,965 shares in the company, valued at approximately $1,631,906.35. This represents a 44.16% increase in their position. The SEC filing for this purchase provides additional information. Insiders have purchased 42,795 shares of company stock valued at $5,588,641 over the last three months. 28.91% of the stock is currently owned by corporate insiders.
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.
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