UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Buys 20,503 Shares of DICK’S Sporting Goods, Inc. $DKS

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of DICK’S Sporting Goods, Inc. (NYSE:DKS) by 5.9% during the second quarter, Holdings Channel reports. The institutional investor owned 369,928 shares of the sporting goods retailer’s stock after purchasing an additional 20,503 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in DICK’S Sporting Goods were worth $83,903,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. BlackRock Inc. acquired a new stake in shares of DICK’S Sporting Goods in the 2nd quarter worth about $1,501,321,000. Bank of America Corp DE bought a new stake in DICK’S Sporting Goods during the second quarter worth $1,024,000,000. State Street Corp raised its stake in shares of DICK’S Sporting Goods by 17.7% during the 3rd 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 during the period. Viking Global Investors LP purchased a new position in DICK’S Sporting Goods in the fourth quarter valued at about $509,371,000. Finally, Geode Capital Management LLC raised its holdings in shares of DICK’S Sporting Goods by 1.3% in the 4th quarter. Geode Capital Management LLC now owns 1,226,792 shares of the sporting goods retailer’s stock worth $242,184,000 after purchasing an additional 16,051 shares during the period. Institutional investors and hedge funds own 89.83% of the company’s stock.

Insider Buying and Selling

In related news, Director Mark J. Barrenechea bought 17,000 shares of the company’s stock in a transaction on Thursday, August 27th. The shares were acquired at an average cost of $130.72 per share, with a total value of $2,222,240.00. Following the completion of the acquisition, the director owned 25,977 shares of the company’s stock, valued at $3,395,713.44. The trade was a 189.37% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Sandeep Mathrani purchased 1,550 shares of the company’s stock in a transaction that occurred on Wednesday, August 26th. The stock was purchased at an average price of $128.89 per share, for a total transaction of $199,779.50. Following the purchase, the director owned 11,136 shares in the company, valued at $1,435,319.04. This represents a 16.17% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders acquired 29,563 shares of company stock valued at $3,843,882. 28.91% of the stock is owned by insiders.

DICK’S Sporting Goods Trading Up 3.3%

NYSE DKS opened at $137.33 on Thursday. The stock has a 50 day simple moving average of $199.13 and a two-hundred day simple moving average of $207.70. DICK’S Sporting Goods, Inc. has a fifty-two week low of $120.40 and a fifty-two week high of $244.38. The stock has a market cap of $12.29 billion, a P/E ratio of 14.75, a price-to-earnings-growth ratio of 1.54 and a beta of 1.12. 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 (NYSE:DKS) last released 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). DICK’S Sporting Goods had a net margin of 3.97% and a return on equity of 19.21%. The firm had revenue of $5.59 billion during the quarter, compared to analysts’ expectations of $5.64 billion. During the same quarter in the previous year, the business earned $4.38 EPS. The company’s revenue for the quarter was up 53.2% compared to the same quarter last year. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. On average, analysts forecast that DICK’S Sporting Goods, Inc. will post 11.73 earnings per share for the current year.

DICK’S Sporting Goods Dividend Announcement

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

Key DICK’S Sporting Goods News

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

• Positive Sentiment: Four DICK’S directors reportedly purchased approximately $3.7 million of stock after the recent decline, signaling that insiders view the lower share price as attractive. Director William J. Colombo separately bought 913 shares for about $121,600, increasing his position to 181,000 shares. Dick’s Sporting Goods Directors Buy $3.7 Million of Stock After Shares Plunge SEC insider transaction filing
• Neutral Sentiment: Valuation-focused coverage highlights that DKS has fallen substantially and now offers a dividend yield near 4%, but argues investors should wait because earnings and integration risks remain unresolved. DICK’S Sporting Goods: Crashed 31% And Now Yielding Near 4%
• Negative Sentiment: Recent earnings showed weaker-than-expected results, while management reduced its consolidated non-GAAP operating-profit outlook and Foot Locker comparable-sales projections. Coverage says the Foot Locker integration is obscuring otherwise stronger core business performance. DICK’S Sporting Goods Securities Investigation Notice DICK’S Sporting Goods’ Foot Locker Integration Clouding Strong Core Results
• Negative Sentiment: Several law firms, including Kirby McInerney, Bragar Eagel & Squire, Kaplan Fox, Levi & Korsinsky, Bleichmar Fonti & Auld and Pomerantz, announced investigations into potential securities-law violations. The inquiries center on whether DICK’S adequately disclosed Foot Locker-related inventory, discounting and profit pressures. These announcements are largely investor-solicitation notices and do not establish wrongdoing, but they add legal and reputational overhang. DKS Shareholder Alert Kaplan Fox Investigation

Analysts Set New Price Targets

Several research firms have commented on DKS. JPMorgan Chase & Co. dropped their price objective on shares of DICK’S Sporting Goods from $270.00 to $245.00 and set an “overweight” rating on the stock in a report on Monday, August 24th. Robert W. Baird lowered their price objective on DICK’S Sporting Goods from $264.00 to $150.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 26th. BTIG Research dropped their target price 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. UBS Group dropped their price target on DICK’S Sporting Goods from $275.00 to $178.00 and set a “buy” rating for the company in a research note on Thursday, August 27th. Finally, KGI Securities lowered shares of DICK’S Sporting Goods from an “outperform” rating to a “neutral” rating and set a $135.10 price objective for the company. in a report on Wednesday, August 26th. Twelve equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, DICK’S Sporting Goods presently has a consensus rating of “Moderate Buy” and an average target price 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.