Michael J. Porro & Co. Financial Advisors Inc. Makes New Investment in DICK’S Sporting Goods, Inc. $DKS

Michael J. Porro & Co. Financial Advisors Inc. acquired a new stake in shares of DICK’S Sporting Goods, Inc. (NYSE:DKS) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 5,442 shares of the sporting goods retailer’s stock, valued at approximately $731,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. B.A. Schrock Wealth Management Inc. purchased a new stake in shares of DICK’S Sporting Goods in the 3rd quarter valued at $5,076,000. Mather Group LLC. increased its position in DICK’S Sporting Goods by 929.7% during the third quarter. Mather Group LLC. now owns 1,318 shares of the sporting goods retailer’s stock worth $177,000 after purchasing an additional 1,190 shares during the last quarter. Dupree Financial Group LLC raised its position in DICK’S Sporting Goods by 95.6% in the third quarter. Dupree Financial Group LLC now owns 36,657 shares of the sporting goods retailer’s stock valued at $4,923,000 after purchasing an additional 17,918 shares during the period. Valley Wealth Managers Inc. boosted its position in shares of DICK’S Sporting Goods by 142.2% during the 3rd quarter. Valley Wealth Managers Inc. now owns 53,580 shares of the sporting goods retailer’s stock worth $7,195,000 after purchasing an additional 31,460 shares during the period. Finally, Castle Rock Wealth Management LLC purchased a new position in DICK’S Sporting Goods during the 3rd quarter valued at about $463,000. 89.83% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on DKS. BTIG Research reduced their target price on shares of DICK’S Sporting Goods from $300.00 to $180.00 and set a “buy” rating on the stock in a report on Wednesday, August 26th. Weiss Ratings downgraded DICK’S Sporting Goods from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, September 16th. Truist Financial decreased their target price on shares of DICK’S Sporting Goods from $135.00 to $128.00 and set a “hold” rating on the stock in a research report on Thursday, October 1st. JPMorgan Chase & Co. cut their target price on shares of DICK’S Sporting Goods from $270.00 to $245.00 and set an “overweight” rating for the company in a research report on Monday, August 24th. Finally, Robert W. Baird cut DICK’S Sporting Goods from an “outperform” rating to a “neutral” rating and set a $150.00 price objective on the stock. in a report on Monday, September 14th. Eleven analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $166.85.

Trending Headlines about DICK’S Sporting Goods

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

• Positive Sentiment: DICK’S Sporting Goods secured a multi-year deal to serve as the New York Knicks’ footwear retail partner. The agreement could support brand visibility, customer traffic and footwear sales, although financial terms were not disclosed. DICK’S Sporting Goods Lands Multi-Year Knicks Footwear Retail Deal
• Positive Sentiment: DICK’S and Foot Locker plan to hire more than 11,000 seasonal employees for the 2026 holiday period. The hiring plan indicates preparation for holiday demand and supports store operations, though it will also increase seasonal labor expenses. DICK’S to Hire Over 11,000 Seasonal Teammates
• Neutral Sentiment: DKS outpaced the broader market in the latest trading session. The move reflects positive market momentum, but does not represent a new change to the company’s earnings outlook. DICK’S Sporting Goods Outpaces Stock Market Gains
• Negative Sentiment: Multiple law firms publicized a securities class action against DICK’S Sporting Goods and certain executives, including CFO Navdeep Gupta. The lawsuit alleges that management overstated the progress of Foot Locker’s inventory cleanup and margin performance before the company reduced its Foot Locker sales outlook, an announcement reportedly associated with a sharp share-price decline. Investors who purchased shares between September 8, 2025, and August 24, 2026, have until November 3, 2026, to seek lead-plaintiff status. The repeated announcements are largely duplicative reminders rather than separate lawsuits, but they increase legal, financial and reputational risk. SueWallSt DICK’S Sporting Goods Class Action Reminder

DICK’S Sporting Goods Trading Up 2.8%

DICK’S Sporting Goods stock opened at $140.82 on Friday. The company has a market cap of $12.52 billion, a P/E ratio of 15.13, a PEG ratio of 2.60 and a beta of 1.09. The firm’s 50-day moving average is $148.36 and its 200-day moving average is $193.37. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.36 and a current ratio of 1.49. DICK’S Sporting Goods, Inc. has a 1 year low of $120.15 and a 1 year high of $244.38.

DICK’S Sporting Goods (NYSE:DKS) last released its quarterly earnings results on Tuesday, August 25th. The sporting goods retailer reported $3.53 earnings per share for the quarter, missing analysts’ consensus estimates 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 business had revenue of $5.59 billion for the quarter, compared to the consensus estimate of $5.64 billion. During the same period last year, the firm posted $4.38 EPS. The business’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 expect that DICK’S Sporting Goods, Inc. will post 11.69 earnings per share for the current year.

DICK’S Sporting Goods Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, September 11th were issued a $1.25 dividend. The ex-dividend date was Friday, September 11th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 3.6%. DICK’S Sporting Goods’s dividend payout ratio is currently 53.71%.

Insider Transactions at DICK’S Sporting Goods

In related news, EVP Navdeep Gupta purchased 7,707 shares of the stock in a transaction that occurred on Tuesday, September 22nd. The stock was acquired at an average price of $129.75 per share, with a total value of $999,983.25. Following the completion of the acquisition, the executive vice president directly owned 86,580 shares in the company, valued at approximately $11,233,755. This trade represents a 9.77% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director William J. Colombo bought 913 shares of the stock in a transaction dated Tuesday, September 1st. The stock was purchased at an average cost of $133.19 per share, with a total value of $121,602.47. Following the completion of the purchase, the director directly owned 181,000 shares in the company, valued at approximately $24,107,390. This trade represents a 0.51% increase in their position. The SEC filing for this purchase provides additional information. Over the last ninety days, insiders purchased 42,795 shares of company stock valued at $5,588,641. 28.91% of the stock is owned by insiders.

DICK’S Sporting Goods 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.