Prescott Group Capital Management L.L.C. Buys 15,282 Shares of DICK’S Sporting Goods, Inc. $DKS

Prescott Group Capital Management L.L.C. bought a new stake in DICK’S Sporting Goods, Inc. (NYSE:DKS – Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 15,282 shares of the sporting goods retailer’s stock, valued at approximately $2,052,000.

Several other large investors have also modified their holdings of the business. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of DICK’S Sporting Goods during the 3rd quarter worth about $716,000. MGO One Seven LLC lifted its position in DICK’S Sporting Goods by 261.3% in the third quarter. MGO One Seven LLC now owns 4,942 shares of the sporting goods retailer’s stock valued at $664,000 after buying an additional 3,574 shares during the last quarter. International Assets Investment Management LLC acquired a new position in DICK’S Sporting Goods in the third quarter valued at about $1,611,000. D.A. Davidson & CO. acquired a new position in DICK’S Sporting Goods in the third quarter valued at about $330,000. Finally, Pinnacle Wealth Planning Services Inc. boosted its stake in DICK’S Sporting Goods by 241.2% during the third quarter. Pinnacle Wealth Planning Services Inc. now owns 290 shares of the sporting goods retailer’s stock worth $39,000 after buying an additional 205 shares during the period. Institutional investors and hedge funds own 89.83% of the company’s stock.

Insider Activity

In other news, insider Matthew Barnes bought 3,665 shares of the stock in a transaction that occurred on Wednesday, September 30th. The stock was purchased at an average price of $136.39 per share, for a total transaction of $499,869.35. Following the completion of the purchase, the insider owned 11,965 shares in the company, valued at approximately $1,631,906.35. This trade represents a 44.16% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Navdeep Gupta bought 7,707 shares of the company’s stock in a transaction that occurred on Tuesday, September 22nd. The stock was acquired at an average cost of $129.75 per share, for a total transaction of $999,983.25. Following the acquisition, the executive vice president directly owned 86,580 shares of the company’s stock, valued at $11,233,755. The trade was a 9.77% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders have acquired 42,795 shares of company stock valued at $5,588,641. Insiders own 28.91% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on DKS. Robert W. Baird cut shares of DICK’S Sporting Goods from an “outperform” rating to a “neutral” rating and set a $150.00 price target for the company. in a research report on Monday, September 14th. BNP Paribas Exane restated an “underperform” rating on shares of DICK’S Sporting Goods in a report on Tuesday, October 27th. BTIG Research lowered their price objective 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, August 26th. BMO Capital Markets reiterated an “underperform” rating on shares of DICK’S Sporting Goods in a report on Monday, October 26th. Finally, Zacks Research lowered DICK’S Sporting Goods from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 1st. Twelve 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 stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $167.53.

Read Our Latest Stock Analysis on DICK’S Sporting Goods

DICK’S Sporting Goods Stock Down 4.1%

Shares of NYSE:DKS opened at $136.41 on Wednesday. DICK’S Sporting Goods, Inc. has a fifty-two week low of $120.15 and a fifty-two week high of $244.38. The firm’s 50 day moving average price is $135.50 and its 200 day moving average price is $191.84. The company has a quick ratio of 0.36, a current ratio of 1.49 and a debt-to-equity ratio of 0.33. The stock has a market cap of $12.13 billion, a price-to-earnings ratio of 14.65, a price-to-earnings-growth ratio of 2.70 and a beta of 1.09.

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 EPS for the quarter, missing the consensus estimate 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 quarter last year, the firm earned $4.38 EPS. The company’s 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. As a group, equities research analysts predict that DICK’S Sporting Goods, Inc. will post 11.68 earnings per share for the current fiscal year.

DICK’S Sporting Goods Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Friday, September 11th were paid a dividend of $1.25 per share. The ex-dividend date was Friday, September 11th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 3.7%. DICK’S Sporting Goods’s payout ratio is presently 53.71%.

Key DICK’S Sporting Goods News

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

  • Positive Sentiment: DICK’S opened an AI hub in Bengaluru and plans to create 400 technology jobs, which could expand its technology capabilities over time. Article: DICK’S Sporting Goods Opens Bengaluru AI Hub
  • Neutral Sentiment: The company is scheduled to report fiscal third-quarter results before the market opens on November 24, giving investors a near-term update on performance. Article: Third Quarter Results Call Scheduled
  • Negative Sentiment: Multiple law-firm alerts concern the same pending securities class action, with a lead-plaintiff deadline of November 3. The complaint alleges that statements about Foot Locker’s inventory cleanup and margin expansion were followed by a weaker sales outlook and pressure on DKS shares; these remain allegations, not findings. The litigation creates reputational and potential financial uncertainty. Article: Class Action Lawsuit Deadline Alert
  • Negative Sentiment: Zacks Research trimmed several future EPS forecasts, including FY2027 from $11.49 to $11.43, and maintained a “Strong Sell” rating. The reductions are modest, but add to concerns about the earnings outlook. MarketBeat DKS coverage

About DICK’S Sporting Goods

(Free Report)

DICK’S Sporting Goods, Inc is a U.S.-based omnichannel sporting goods retailer that sells athletic apparel, footwear, sports equipment and 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 namesake DICK’S Sporting Goods stores and digital platforms, along with specialty and concept formats such as Golf Galaxy, Public Lands, House of Sport and other retail brands.

See Also

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Institutional Ownership by Quarter for DICK'S Sporting Goods (NYSE:DKS)

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