Cibc World Market Inc. Invests $1.16 Million in DICK’S Sporting Goods, Inc. $DKS

Cibc World Market Inc. acquired a new position in DICK’S Sporting Goods, Inc. (NYSE:DKS – Free Report) in the 2nd quarter, HoldingsChannel reports. The fund acquired 5,092 shares of the sporting goods retailer’s stock, valued at approximately $1,155,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Harbor Investment Advisory LLC purchased a new stake in DICK’S Sporting Goods during the first quarter valued at about $30,000. Laurel Wealth Advisors LLC purchased a new position in shares of DICK’S Sporting Goods in the fourth quarter worth about $34,000. Elyxium Wealth LLC purchased a new position in shares of DICK’S Sporting Goods in the fourth quarter worth about $35,000. SHP Wealth Management purchased a new position in shares of DICK’S Sporting Goods in the fourth quarter worth about $38,000. Finally, Torren Management LLC bought a new stake in shares of DICK’S Sporting Goods in the fourth quarter valued at approximately $41,000. 89.83% of the stock is currently owned by institutional investors.

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DICK’S Sporting Goods Stock Up 1.7%

DKS stock opened at $131.81 on Friday. The company has a quick ratio of 0.38, a current ratio of 1.49 and a debt-to-equity ratio of 0.33. The firm has a market capitalization of $11.80 billion, a PE ratio of 14.16, a PEG ratio of 1.22 and a beta of 1.21. DICK’S Sporting Goods, Inc. has a twelve month low of $120.40 and a twelve month high of $244.38. The stock has a 50-day simple moving average of $207.21 and a two-hundred day simple moving average of $209.57.

DICK’S Sporting Goods (NYSE:DKS – Get Free Report) last announced its quarterly earnings results on Tuesday, August 25th. The sporting goods retailer reported $3.53 earnings per share for the quarter, missing the consensus estimate of $3.74 by ($0.21). DICK’S Sporting Goods had a net margin of 3.97% and a return on equity of 19.21%. The company had revenue of $5.59 billion for the quarter, compared to the consensus estimate of $5.64 billion. During the same quarter in the prior year, the company earned $4.38 earnings per share. The company’s quarterly revenue was up 53.2% on a year-over-year basis. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. On average, equities analysts predict that DICK’S Sporting Goods, Inc. will post 13.18 EPS for the current fiscal year.

DICK’S Sporting Goods Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be paid a dividend of $1.25 per share. 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 payout ratio is currently 53.71%.

Analyst Ratings Changes

DKS has been the topic of a number of recent research reports. Weiss Ratings cut shares of DICK’S Sporting Goods from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, June 5th. Telsey Advisory Group reiterated a “market perform” rating and issued a $145.00 price objective (down from $255.00) on shares of DICK’S Sporting Goods in a research note on Wednesday. UBS Group reduced their price objective on shares of DICK’S Sporting Goods from $275.00 to $178.00 and set a “buy” rating for the company in a research note on Thursday. KGI Securities cut shares of DICK’S Sporting Goods from an “outperform” rating to a “neutral” rating and set a $135.10 target price on the stock. in a report on Wednesday. Finally, BTIG Research dropped their target price on DICK’S Sporting Goods from $300.00 to $180.00 and set a “buy” rating on the stock in a research report on Wednesday. Twelve analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $170.22.

Get Our Latest Stock Analysis on DICK’S Sporting Goods

Trending Headlines about DICK’S Sporting Goods

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

• Positive Sentiment: DICK’S core business remained comparatively resilient, with legacy-store comparable sales reportedly increasing 4.9%. Analysts also continue to see substantial long-term upside: Citigroup maintained a “buy” rating with a $190 target, while Bank of America, DA Davidson and BTIG likewise retained “buy” ratings despite reducing their targets. DICK’S Sporting Goods’ Core Business Grows 4.9%, but Foot Locker Losses and Weak Guidance Send Shares Tumbling
• Neutral Sentiment: The stock has attracted unusually high options activity following its steep decline, indicating heightened speculation and potential volatility rather than a clear directional signal. DICK’S Sporting Goods Target of Unusually High Options Trading
• Negative Sentiment: Second-quarter adjusted EPS of $3.53 missed expectations of roughly $3.74–$3.78, while revenue of $5.59 billion was below the approximately $5.64 billion consensus and EPS declined from the prior-year period. Promotional pressure, higher costs and weakness at newly acquired Foot Locker—including a 3.6% pro forma comparable-sales decline—prompted management to cut operating-income guidance for both businesses and reduce fiscal 2026 EPS guidance to $11–$12. DICK’S Sporting Shares Plunge 31% on Soft Q2 Earnings & Lower View
• Negative Sentiment: Analyst sentiment has weakened: Telsey downgraded DKS to “market perform” and cut its target to $145 from $255. Citigroup lowered its target to $190 from $280, while Bank of America, DA Davidson and BTIG also made substantial target reductions, reflecting lower earnings and margin expectations. Analyst Ratings and Price Target Changes
• Negative Sentiment: Pomerantz, Kaplan Fox and Levi & Korsinsky are among law firms investigating potential securities-law violations, particularly whether DKS adequately disclosed risks surrounding Foot Locker and its outlook. These announcements add legal and reputational uncertainty, although they do not establish wrongdoing. Pomerantz Investor Alert

About DICK’S Sporting Goods

(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.

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