DICK’S Sporting Goods (NYSE:DKS) Director Robert Eddy Acquires 4,000 Shares

DICK’S Sporting Goods, Inc. (NYSE:DKS) Director Robert Eddy acquired 4,000 shares of the stock in a transaction on Wednesday, August 26th. The shares were purchased at an average price of $128.69 per share, with a total value of $514,760.00. Following the completion of the transaction, the director owned 10,886 shares of the company’s stock, valued at approximately $1,400,919.34. This represents a 58.09% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link.

DICK’S Sporting Goods Price Performance

Shares of DKS stock opened at $135.09 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 company has a market cap of $12.09 billion, a P/E ratio of 14.51, a P/E/G ratio of 1.39 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 business has a fifty day simple moving average of $205.27 and a 200 day simple moving average of $209.05.

DICK’S Sporting Goods (NYSE:DKS) last posted its earnings results 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 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 firm’s revenue was up 53.2% compared to the same quarter last year. During the same period last year, the company posted $4.38 EPS. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. On average, sell-side analysts forecast that DICK’S Sporting Goods, Inc. will post 11.75 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. Shareholders of record on Friday, September 11th will be issued a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend is Friday, September 11th. DICK’S Sporting Goods’s dividend payout ratio is presently 53.71%.

More DICK’S Sporting Goods News

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

• Positive Sentiment: Several directors made sizable open-market purchases after the earnings-related decline. William J. Colombo bought 6,100 shares for roughly $785,500, Mark J. Barrenechea purchased 17,000 shares for about $2.2 million, Robert W. Eddy bought 4,000 shares, and Sandeep Mathrani acquired 1,550 shares. The transactions may signal that company insiders view the selloff as excessive. SEC insider filing
• Positive Sentiment: Oppenheimer maintained a Buy rating, and Citigroup retained a Buy rating despite reducing its price target to $190 from $280. The new target still implies substantial potential upside from current trading levels. Analyst price target report
• Neutral Sentiment: Multiple law firms announced investigations into potential securities-law violations, including Kaplan Fox, Block & Leviton, BFA Law, Levi & Korsinsky and Pomerantz. These notices are investor solicitations and do not establish that DICK’S violated any law, but they add reputational and litigation risk. Kaplan Fox investigation notice
• Negative Sentiment: DICK’S reported quarterly earnings of $3.53 per share versus the $3.74 consensus estimate, while revenue of $5.59 billion also fell short of expectations. Earnings declined from $4.38 per share a year earlier, intensifying concerns about profitability despite strong reported revenue growth.
• Negative Sentiment: Telsey downgraded the stock to Market Perform and slashed its price target to $145 from $255. DA Davidson and BTIG also issued pessimistic forecasts, reinforcing concerns about the company’s outlook. Analyst downgrade report

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Brown Advisory Inc. increased its position in shares of DICK’S Sporting Goods by 9.6% during the second quarter. Brown Advisory Inc. now owns 1,143 shares of the sporting goods retailer’s stock worth $226,000 after buying an additional 100 shares during the period. Cerity Partners LLC lifted its holdings in DICK’S Sporting Goods by 54.1% in the second quarter. Cerity Partners LLC now owns 1,600 shares of the sporting goods retailer’s stock valued at $316,000 after buying an additional 562 shares during the period. Bank of Nova Scotia acquired a new position in DICK’S Sporting Goods in the second quarter valued at $417,000. Daiwa Securities Group Inc. boosted its position in DICK’S Sporting Goods by 9.8% during the second quarter. Daiwa Securities Group Inc. now owns 5,974 shares of the sporting goods retailer’s stock valued at $1,182,000 after acquiring an additional 531 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its position in DICK’S Sporting Goods by 4.4% during the second quarter. NewEdge Advisors LLC now owns 2,951 shares of the sporting goods retailer’s stock valued at $584,000 after acquiring an additional 124 shares during the last quarter. Institutional investors own 89.83% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have issued reports on DKS. Citigroup decreased their price target on shares of DICK’S Sporting Goods from $280.00 to $190.00 and set a “buy” rating for the company in a research report on Thursday. BNP Paribas Exane reissued an “underperform” rating and issued a $99.00 price objective on shares of DICK’S Sporting Goods in a research note on Wednesday. Wells Fargo & Company decreased their price objective on DICK’S Sporting Goods from $240.00 to $185.00 and set an “overweight” rating for the company in a report on Tuesday. Loop Capital reaffirmed a “hold” rating and set a $140.00 target price on shares of DICK’S Sporting Goods in a research report on Tuesday. Finally, Robert W. Baird cut their target price on DICK’S Sporting Goods from $264.00 to $150.00 and set an “outperform” rating on the stock in a report on Wednesday. Twelve investment 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. According to data from MarketBeat, DICK’S Sporting Goods currently has a consensus rating of “Moderate Buy” and an average price target of $170.22.

About DICK’S Sporting Goods

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.