Castleark Management LLC Buys Shares of 8,440 DICK’S Sporting Goods, Inc. $DKS

Posted by George Bondi on Aug 27th, 2026

Castleark Management LLC purchased a new stake in DICK’S Sporting Goods, Inc. (NYSE:DKS – Free Report) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 8,440 shares of the sporting goods retailer’s stock, valued at approximately $1,914,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Jacobi Capital Management LLC lifted its holdings in shares of DICK’S Sporting Goods by 4.5% in the fourth quarter. Jacobi Capital Management LLC now owns 1,189 shares of the sporting goods retailer’s stock worth $235,000 after acquiring an additional 51 shares during the last quarter. Lido Advisors LLC lifted its holdings 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 purchasing an additional 51 shares during the period. Fifth Third Wealth Advisors LLC grew its position in shares of DICK’S Sporting Goods by 2.4% in 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 during the last quarter. PCB Capital LLC grew its position in shares of DICK’S Sporting Goods by 1.5% in the 1st quarter. PCB Capital LLC now owns 3,607 shares of the sporting goods retailer’s stock valued at $715,000 after buying an additional 55 shares during the last quarter. Finally, Parallel Advisors LLC increased its stake in shares of 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 buying an additional 55 shares during the period. 89.83% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

DKS has been the subject of a number of analyst reports. Morgan Stanley lowered their price objective on DICK’S Sporting Goods from $270.00 to $180.00 and set an “overweight” rating for the company in a research report on Wednesday. BTIG Research decreased their target price on shares of DICK’S Sporting Goods from $300.00 to $180.00 and set a “buy” rating for the company in a research report on Wednesday. Jefferies Financial Group set a $171.00 price target on shares of DICK’S Sporting Goods in a report on Tuesday. Loop Capital restated a “hold” rating and issued a $140.00 price target on shares of DICK’S Sporting Goods in a research report on Tuesday. Finally, KGI Securities downgraded shares of DICK’S Sporting Goods from an “outperform” rating to a “neutral” rating and set a $135.10 price target on the stock. in a research report on Wednesday. Twelve research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $180.06.

Read Our Latest Analysis on DKS

Key Stories Impacting DICK’S Sporting Goods

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

Positive Sentiment: Analysts continue to view the selloff as an opportunity: Bank of America, DA Davidson and BTIG all maintained Buy ratings while lowering their price targets to $200, $205 and $180, respectively. These targets imply substantial potential upside from current levels. Analyst price-target updates
Positive Sentiment: The core DICK’S business delivered 4.9% comparable-sales growth, supported by broad-based category gains, higher transactions and average ticket, and strong FIFA World Cup-related demand. Management retained its comparable-sales outlook for the DICK’S business. DICK’S second-quarter results
Positive Sentiment: DICK’S declared a quarterly dividend of $1.25 per share, payable September 25 to shareholders of record September 11, supporting the stock’s income appeal. DICK’S dividend announcement
Neutral Sentiment: Unusually high options activity and commentary that sellers may have capitulated suggest elevated trading interest and the possibility of a technical bounce, but also indicate unusually high volatility. DICK’S options activity
Negative Sentiment: Second-quarter adjusted EPS of $3.53 and revenue of $5.59 billion missed consensus estimates, while EPS declined from $4.38 a year earlier. DICK’S earnings miss
Negative Sentiment: Foot Locker comparable sales fell 3.6% as athletic footwear became more promotional. Higher discounts, integration costs and other expenses led management to cut operating-income expectations for both businesses and reduce fiscal 2026 EPS guidance to $11-$12, well below analyst expectations. DICK’S guidance reduction
Negative Sentiment: Several law firms announced investigations into potential securities-law violations following the guidance reduction and stock collapse. These notices may add reputational and legal overhang, although no wrongdoing has been established. DICK’S investor investigation notice

DICK’S Sporting Goods Stock Performance

Shares of DKS opened at $130.02 on Thursday. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.49 and a quick ratio of 0.38. The stock has a 50-day moving average of $209.22 and a 200-day moving average of $210.11. The company has a market cap of $11.64 billion, a PE ratio of 13.97, a P/E/G ratio of 1.34 and a beta of 1.21. DICK’S Sporting Goods, Inc. has a one year low of $120.40 and a one year high of $244.38.

DICK’S Sporting Goods (NYSE:DKS – Get Free Report) 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). DICK’S Sporting Goods had a return on equity of 19.21% and a net margin of 3.97%.The firm had revenue of $5.59 billion for the quarter, compared to analyst estimates of $5.64 billion. During the same period last year, the company posted $4.38 earnings per share. The firm’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. On average, equities research analysts predict that DICK’S Sporting Goods, Inc. will post 11.5 EPS for the current fiscal year.

DICK’S Sporting Goods Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be given a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend is Friday, September 11th. DICK’S Sporting Goods’s dividend payout ratio is presently 47.53%.

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.