Valley Wealth Managers Inc. boosted its position in DICK’S Sporting Goods, Inc. (NYSE:DKS – Free Report) by 142.2% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 53,580 shares of the sporting goods retailer’s stock after buying an additional 31,460 shares during the period. Valley Wealth Managers Inc.’s holdings in DICK’S Sporting Goods were worth $7,195,000 as of its most recent SEC filing.
A number of other large investors also recently bought and sold shares of the company. BlackRock Inc. acquired a new position in shares of DICK’S Sporting Goods in the 2nd quarter worth approximately $1,501,321,000. Bank of America Corp DE bought a new stake in shares of DICK’S Sporting Goods in the 2nd quarter valued at approximately $1,024,000,000. Darsana Capital Partners LP raised its position in shares of DICK’S Sporting Goods by 9.1% during the 2nd quarter. Darsana Capital Partners LP now owns 1,500,000 shares of the sporting goods retailer’s stock valued at $340,215,000 after acquiring an additional 125,000 shares in the last quarter. Sachem Head Capital Management LP raised its position in shares of DICK’S Sporting Goods by 21.0% during the 4th quarter. Sachem Head Capital Management LP now owns 1,220,000 shares of the sporting goods retailer’s stock valued at $241,523,000 after acquiring an additional 211,400 shares in the last quarter. Finally, Maverick Capital Ltd. raised its position in shares of DICK’S Sporting Goods by 25.3% during the 1st quarter. Maverick Capital Ltd. now owns 1,044,903 shares of the sporting goods retailer’s stock valued at $207,194,000 after acquiring an additional 210,654 shares in the last quarter. Institutional investors own 89.83% of the company’s stock.
Key Headlines Impacting DICK’S Sporting Goods
Here are the key news stories impacting DICK’S Sporting Goods this week:
- Positive Sentiment: One analysis argues that DICK’S shares look undervalued after a roughly 38% slide, implying that the stock may offer recovery potential if the company stabilizes Foot Locker’s operations and earnings. DICK’S Sporting Goods Stock Looks Undervalued
- Neutral Sentiment: Multiple law firms are publicizing a securities class action covering investors who purchased DKS shares from September 8, 2025, through August 24, 2026. The November 3, 2026, lead-plaintiff deadline is an administrative milestone, and the allegations have not been proven. Rosen Securities Class Action Notice
- Negative Sentiment: The litigation campaign alleges that DICK’S misled investors about the Foot Locker acquisition and the condition of Foot Locker’s inventory and promotional challenges. One notice highlights an alleged reduction in Foot Locker comparable-sales guidance from growth of 1.5%-3.0% to a decline of 2.0% to 0.0%, raising concerns about integration, demand, and potential legal costs. Moore Law Investor Action Notice
- Negative Sentiment: Separate reports are drawing attention to weaker free cash flow and renewed scrutiny of DICK’S dividend coverage. This could limit shareholder returns or increase concerns about the sustainability of the payout, particularly as the company manages the Foot Locker integration. DICK’S Dividend Faces Scrutiny
Insider Activity
Wall Street Analyst Weigh In
A number of research firms have commented on DKS. Robert W. Baird downgraded shares of DICK’S Sporting Goods from an “outperform” rating to a “neutral” rating and set a $150.00 price objective for the company. in a report on Monday, September 14th. BMO Capital Markets initiated coverage on shares of DICK’S Sporting Goods in a report on Tuesday, September 8th. They set an “underperform” rating and a $110.00 target price on the stock. Oppenheimer reduced their price target on shares of DICK’S Sporting Goods from $270.00 to $150.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 26th. Guggenheim reaffirmed a “neutral” rating on shares of DICK’S Sporting Goods in a report on Wednesday, September 30th. Finally, Jefferies Financial Group set a $171.00 price objective on shares of DICK’S Sporting Goods in a research report on Tuesday, August 25th. Eleven research 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.com, the company presently has a consensus rating of “Hold” and a consensus price target of $166.85.
Check Out Our Latest Research Report on DKS
DICK’S Sporting Goods Stock Performance
Shares of NYSE DKS opened at $136.44 on Friday. 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, Inc. has a 12-month low of $120.15 and a 12-month high of $244.38. The stock has a 50 day simple moving average of $153.30 and a 200-day simple moving average of $194.88. The company has a market cap of $12.13 billion, a PE ratio of 14.66, a P/E/G ratio of 2.55 and a beta of 1.09.
DICK’S Sporting Goods (NYSE:DKS – Get Free Report) last released its quarterly earnings results on Tuesday, August 25th. The sporting goods retailer reported $3.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.74 by ($0.21). The business 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 company’s revenue for the quarter was up 53.2% compared to the same quarter last year. During the same period in the previous 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, equities research analysts forecast that DICK’S Sporting Goods, Inc. will post 11.69 EPS for the current year.
DICK’S Sporting Goods Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Friday, September 11th were paid a dividend of $1.25 per share. The ex-dividend date of this dividend was Friday, September 11th. This represents a $5.00 annualized dividend and a yield of 3.7%. DICK’S Sporting Goods’s dividend payout ratio (DPR) is presently 53.71%.
DICK’S Sporting Goods Company Profile
DICK’S Sporting Goods, Inc is a U.S.-based omnichannel sporting goods retailer that sells athletic apparel, footwear, sports equipment and related 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 DICK’S Sporting Goods stores and digital platforms, offering products from major athletic brands as well as private-label merchandise. Its retail portfolio also includes specialized concepts such as Golf Galaxy, Public Lands and House of Sport, which provide more focused assortments and, in some locations, services and experiences tailored to particular sports and outdoor activities.
DICK’S traces its history to 1948, when Richard “Dick” Stack opened a fishing-tackle store in Binghamton, New York.
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