Riverview Capital Advisers LLC Purchases Shares of 11,402 DICK’S Sporting Goods, Inc. $DKS

Riverview Capital Advisers LLC purchased a new position in shares of DICK’S Sporting Goods, Inc. (NYSE:DKS) in the second quarter, HoldingsChannel.com reports. The firm purchased 11,402 shares of the sporting goods retailer’s stock, valued at approximately $2,586,000.

Other hedge funds have also recently made changes to their positions in the company. BlackRock Inc. acquired a new position in shares of DICK’S Sporting Goods in the 2nd quarter valued at about $1,501,321,000. Bank of America Corp DE acquired a new stake in DICK’S Sporting Goods during the second quarter worth approximately $1,024,000,000. State Street Corp increased its holdings in DICK’S Sporting Goods by 17.7% in the third quarter. State Street Corp now owns 2,606,541 shares of the sporting goods retailer’s stock worth $579,226,000 after purchasing an additional 391,694 shares in the last quarter. Viking Global Investors LP bought a new stake in DICK’S Sporting Goods in the fourth quarter worth approximately $509,371,000. Finally, Geode Capital Management LLC lifted its stake in DICK’S Sporting Goods by 1.3% in the fourth quarter. Geode Capital Management LLC now owns 1,226,792 shares of the sporting goods retailer’s stock valued at $242,184,000 after buying an additional 16,051 shares during the period. 89.83% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

DKS has been the topic of a number of research analyst reports. Jefferies Financial Group set a $171.00 price target on DICK’S Sporting Goods in a report on Tuesday, August 25th. Citigroup lowered their price objective on shares of DICK’S Sporting Goods from $280.00 to $190.00 and set a “buy” rating for the company in a research note on Thursday, August 27th. DA Davidson dropped their target price on shares of DICK’S Sporting Goods from $260.00 to $205.00 and set a “buy” rating on the stock in a research report on Wednesday, August 26th. KGI Securities lowered shares of DICK’S Sporting Goods from an “outperform” rating to a “neutral” rating and set a $135.10 target price on the stock. in a research note on Wednesday, August 26th. Finally, Oppenheimer reduced their price target on shares of DICK’S Sporting Goods from $270.00 to $150.00 and set an “outperform” rating for the company in a report on Wednesday, August 26th. Twelve equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $170.22.

DICK’S Sporting Goods Stock Down 0.3%

Shares of NYSE:DKS opened at $139.33 on Friday. The business’s 50 day simple moving average is $195.17 and its two-hundred day simple moving average is $206.79. The firm has a market cap of $12.47 billion, a P/E ratio of 14.97, a PEG ratio of 1.61 and a beta of 1.11. 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 52-week low of $120.40 and a 52-week high of $244.38.

DICK’S Sporting Goods (NYSE:DKS) last announced its quarterly earnings data 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 firm had revenue of $5.59 billion during the quarter, compared to analyst estimates of $5.64 billion. DICK’S Sporting Goods had a net margin of 3.97% and a return on equity of 19.21%. The company’s revenue was up 53.2% on a year-over-year basis. During the same period last year, the business posted $4.38 EPS. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. As a group, research analysts forecast that DICK’S Sporting Goods, Inc. will post 11.73 EPS for the current fiscal year.

DICK’S Sporting Goods Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be given a $1.25 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $5.00 annualized dividend and a yield of 3.6%. DICK’S Sporting Goods’s dividend payout ratio (DPR) is presently 53.71%.

Insider Buying and Selling at DICK’S Sporting Goods

In other DICK’S Sporting Goods news, 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, for a total transaction of $514,760.00. Following the completion of the acquisition, the director owned 10,886 shares in the company, valued at approximately $1,400,919.34. This represents a 58.09% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Sandeep Mathrani acquired 1,550 shares of the company’s stock in a transaction on Wednesday, August 26th. The stock was acquired at an average cost of $128.89 per share, for a total transaction of $199,779.50. Following the completion of the purchase, the director directly owned 11,136 shares of the company’s stock, valued at approximately $1,435,319.04. This represents a 16.17% increase in their position. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders have acquired 29,563 shares of company stock worth $3,843,882. Company insiders own 28.91% of the company’s stock.

Key Stories Impacting DICK’S Sporting Goods

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

• Positive Sentiment: Director William Colombo purchased 913 DKS shares for approximately $121,600, increasing his direct ownership to 181,000 shares. Recent insider buying may signal that company directors view the selloff as an attractive entry point. DICK’S Sporting Goods Director Acquires 913 Shares of Stock
• Neutral Sentiment: DKS now trades at a materially lower valuation and offers an annualized dividend of $5.00 per share, or roughly a 3.6% yield based on the provided price. However, analysts remain divided, with a consensus “Hold” rating and an average price target of $170.22. Dick’s Sporting Goods Stock Just Crashed 31%
• Negative Sentiment: DICK’S reduced its 2026 profit outlook as Foot Locker weakness, promotional activity and higher costs outweighed strong sales growth in its core operations. The company’s latest quarterly earnings also missed analyst expectations, increasing concerns about integration execution and profitability. DKS Cuts 2026 Profit Outlook
• Negative Sentiment: Multiple law firms, including Kaplan Fox, Block & Leviton, Bleichmar Fonti & Auld, Kirby McInerney and Pomerantz, announced investigations into potential securities-law violations. The inquiries reportedly focus on whether DICK’S adequately disclosed inventory, discounting and Foot Locker-related profit risks. These notices are investor-solicitation announcements and do not establish wrongdoing, but they add legal and reputational overhang. Kaplan Fox Securities Investigation
• Negative Sentiment: Zacks Research downgraded DKS to “strong sell,” while technical coverage flagged a bearish “death cross” pattern, reinforcing negative momentum and investor caution. DKS Death Cross Analysis

DICK’S Sporting Goods Company Profile

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.