DICK’S Sporting Goods Target of Unusually Large Options Trading (NYSE:DKS)

Posted by Geri Gentry on Sep 21st, 2026

DICK’S Sporting Goods, Inc. (NYSE:DKS – Get Free Report) was the target of some unusual options trading activity on Monday. Stock investors acquired 10,988 put options on the stock. This is an increase of approximately 58% compared to the average volume of 6,943 put options.

Insider Activity

In other news, Director Mark J. Barrenechea acquired 17,000 shares of the firm’s stock in a transaction dated Thursday, August 27th. The shares were purchased at an average cost of $130.72 per share, for a total transaction of $2,222,240.00. Following the transaction, the director directly owned 25,977 shares of the company’s stock, valued at approximately $3,395,713.44. This trade represents a 189.37% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director William J. Colombo bought 5,000 shares of the stock in a transaction that occurred on Wednesday, August 26th. The shares were purchased at an average price of $128.72 per share, for a total transaction of $643,600.00. Following the purchase, the director owned 178,987 shares in the company, valued at $23,039,206.64. This represents a 2.87% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired 29,563 shares of company stock worth $3,843,882 over the last ninety days. Company insiders own 28.91% of the company’s stock.

Hedge Funds Weigh In On DICK’S Sporting Goods

A number of institutional investors and hedge funds have recently made changes to their positions in DKS. Tidal Investments LLC raised its position in shares of DICK’S Sporting Goods by 1,429.8% during the 2nd quarter. Tidal Investments LLC now owns 40,479 shares of the sporting goods retailer’s stock valued at $9,181,000 after buying an additional 37,833 shares in the last quarter. National Pension Service purchased a new position in DICK’S Sporting Goods in the second quarter worth about $740,000. Darsana Capital Partners LP increased its stake in DICK’S Sporting Goods by 9.1% during the second quarter. Darsana Capital Partners LP now owns 1,500,000 shares of the sporting goods retailer’s stock worth $340,215,000 after acquiring an additional 125,000 shares during the last quarter. WINTON GROUP Ltd grew its position in shares of DICK’S Sporting Goods by 1,573.8% during the 2nd quarter. WINTON GROUP Ltd now owns 55,167 shares of the sporting goods retailer’s stock worth $12,512,000 after buying an additional 51,871 shares in the last quarter. Finally, Cidel Asset Management Inc. purchased a new position in shares of DICK’S Sporting Goods during the second quarter valued at $205,000. 89.83% of the stock is owned by hedge funds and other institutional investors.

DICK’S Sporting Goods Price Performance

Shares of NYSE:DKS traded up $2.14 during mid-day trading on Monday, reaching $123.29. The stock had a trading volume of 782,409 shares, compared to its average volume of 1,756,981. The business’s 50 day moving average price is $175.83 and its 200 day moving average price is $201.34. DICK’S Sporting Goods has a 1 year low of $120.15 and a 1 year high of $244.38. The company has a market cap of $10.96 billion, a P/E ratio of 13.25, a price-to-earnings-growth ratio of 2.29 and a beta of 1.11. 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 (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 analysts’ consensus estimates of $3.74 by ($0.21). The firm had revenue of $5.59 billion during the quarter, compared to the consensus estimate of $5.64 billion. DICK’S Sporting Goods had a return on equity of 19.21% and a net margin of 3.97%.The business’s revenue was up 53.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $4.38 EPS. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. Research analysts expect that DICK’S Sporting Goods will post 11.7 EPS for the current fiscal year.

DICK’S Sporting Goods Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be given a dividend of $1.25 per share. The ex-dividend date is Friday, September 11th. This represents a $5.00 annualized dividend and a yield of 4.1%. DICK’S Sporting Goods’s dividend payout ratio (DPR) is 53.71%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. JPMorgan Chase & Co. lowered their price objective on DICK’S Sporting Goods from $270.00 to $245.00 and set an “overweight” rating on the stock in a research report on Monday, August 24th. Citigroup cut their target price on DICK’S Sporting Goods from $280.00 to $190.00 and set a “buy” rating for the company in a research report on Thursday, August 27th. Loop Capital reissued a “hold” rating and set a $140.00 target price on shares of DICK’S Sporting Goods in a research note on Tuesday, August 25th. The Goldman Sachs Group lowered their price target on DICK’S Sporting Goods from $271.00 to $170.00 and set a “buy” rating on the stock in a report on Wednesday, August 26th. Finally, Barclays dropped their price target on DICK’S Sporting Goods from $280.00 to $150.00 and set an “overweight” rating for the company in a research note on Wednesday, August 26th. Eleven investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $167.20.

View Our Latest Stock Analysis on DKS

About DICK’S Sporting Goods

(Get Free Report)

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.