DICK’S Sporting Goods, Inc. $DKS Shares Purchased by HighTower Advisors LLC

HighTower Advisors LLC boosted its holdings in DICK’S Sporting Goods, Inc. (NYSE:DKS) by 34.7% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 275,886 shares of the sporting goods retailer’s stock after acquiring an additional 71,001 shares during the period. HighTower Advisors LLC’s holdings in DICK’S Sporting Goods were worth $62,574,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Brown Advisory Inc. lifted its holdings in shares of DICK’S Sporting Goods by 9.6% in the 2nd quarter. Brown Advisory Inc. now owns 1,143 shares of the sporting goods retailer’s stock worth $226,000 after purchasing an additional 100 shares during the last quarter. Cerity Partners LLC grew its stake in DICK’S Sporting Goods by 54.1% during the 2nd quarter. Cerity Partners LLC now owns 1,600 shares of the sporting goods retailer’s stock worth $316,000 after buying an additional 562 shares during the last quarter. Bank of Nova Scotia acquired a new stake in DICK’S Sporting Goods in the second quarter worth $417,000. Daiwa Securities Group Inc. increased its position in DICK’S Sporting Goods by 9.8% in the second quarter. Daiwa Securities Group Inc. now owns 5,974 shares of the sporting goods retailer’s stock worth $1,182,000 after buying an additional 531 shares during the period. Finally, NewEdge Advisors LLC increased its position in DICK’S Sporting Goods by 4.4% in the second quarter. NewEdge Advisors LLC now owns 2,951 shares of the sporting goods retailer’s stock worth $584,000 after buying an additional 124 shares during the period. 89.83% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at DICK’S Sporting Goods

In related news, Director Sandeep Mathrani acquired 1,550 shares of the firm’s stock in a transaction dated 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 acquisition, the director directly owned 11,136 shares of the company’s stock, valued at approximately $1,435,319.04. The trade was a 16.17% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director William J. Colombo acquired 5,000 shares of the stock in a transaction that occurred on Wednesday, August 26th. The shares were bought at an average price of $128.72 per share, for a total transaction of $643,600.00. Following the purchase, the director directly owned 178,987 shares of the company’s stock, valued at approximately $23,039,206.64. This trade represents a 2.87% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought a total of 29,563 shares of company stock worth $3,843,882 in the last 90 days. Corporate insiders own 28.91% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Weiss Ratings reissued a “hold (c+)” rating on shares of DICK’S Sporting Goods in a report on Wednesday, September 2nd. Wells Fargo & Company dropped their price objective on shares of DICK’S Sporting Goods from $240.00 to $185.00 and set an “overweight” rating on the stock in a report on Tuesday, August 25th. KGI Securities downgraded shares of DICK’S Sporting Goods from an “outperform” rating to a “neutral” rating and set a $135.10 price objective on the stock. in a research report on Wednesday, August 26th. Morgan Stanley decreased their target price on shares of DICK’S Sporting Goods from $270.00 to $180.00 and set an “overweight” rating for the company in a research report on Wednesday, August 26th. Finally, Citigroup dropped their price target on shares of DICK’S Sporting Goods from $280.00 to $190.00 and set a “buy” rating on the stock in a research note on Thursday, August 27th. Twelve investment analysts have rated the stock with a Buy rating, eight have issued 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 an average price target of $170.22.

Key Headlines Impacting DICK’S Sporting Goods

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

• Positive Sentiment: Director Colombo purchased 913 DKS shares valued at approximately $122,000. The insider buying may provide a modest confidence signal, although the transaction represented only about 0.5% of the director’s prior holdings. Dick’s Sporting Goods Director Colombo Acquires 913 Shares
• Neutral Sentiment: Brokerages have assigned DKS a consensus “Hold” rating, indicating limited conviction among analysts after the company’s operational and earnings challenges. DICK’S Sporting Goods Given Consensus Rating of Hold
• Negative Sentiment: Multiple law firms announced or promoted securities-fraud lawsuits and investigations against DICK’S and certain officers. The allegations focus on claims that investors were misled about growth, profitability, inventory conditions and the Foot Locker integration. Investors seeking to serve as lead plaintiff generally face a November 3, 2026 deadline. Rosen Securities Class Action Announcement BFA Law Investigation into DICK’S Sporting Goods
• Negative Sentiment: The legal actions follow DKS’s recent earnings disappointment, including an EPS miss, declining year-over-year earnings and concerns about inventory management. These developments increase uncertainty around the retailer’s ability to integrate Foot Locker and achieve its fiscal 2026 earnings guidance.

DICK’S Sporting Goods Trading Up 0.1%

Shares of DKS stock opened at $139.33 on Tuesday. DICK’S Sporting Goods, Inc. has a 1 year low of $120.40 and a 1 year high of $244.38. The firm has a market capitalization of $12.47 billion, a PE ratio of 14.97, a price-to-earnings-growth ratio of 1.61 and a beta of 1.11. The stock has a fifty day moving average of $193.32 and a two-hundred day moving average of $206.36. 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 issued its quarterly 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 business had revenue of $5.59 billion for 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%. DICK’S Sporting Goods’s revenue for the quarter was up 53.2% on a year-over-year basis. During the same period last year, the business posted $4.38 earnings per share. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. As a group, research analysts expect that DICK’S Sporting Goods, Inc. will post 11.73 EPS for the current year.

DICK’S Sporting Goods Announces Dividend

The business also recently announced 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. This represents a $5.00 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date is Friday, September 11th. DICK’S Sporting Goods’s dividend payout ratio is currently 53.71%.

DICK’S Sporting Goods 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.