Munich Reinsurance Co Stock Corp in Munich Sells 25,114 Shares of DICK’S Sporting Goods, Inc. $DKS

Munich Reinsurance Co Stock Corp in Munich lessened its holdings in shares of DICK’S Sporting Goods, Inc. (NYSE:DKS) by 8.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 279,944 shares of the sporting goods retailer’s stock after selling 25,114 shares during the period. DICK’S Sporting Goods makes up about 1.5% of Munich Reinsurance Co Stock Corp in Munich’s portfolio, making the stock its 26th biggest holding. Munich Reinsurance Co Stock Corp in Munich owned about 0.31% of DICK’S Sporting Goods worth $63,494,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Nykredit A S purchased a new position in DICK’S Sporting Goods in the 2nd quarter worth $7,037,000. PYA Waltman Capital LLC purchased a new position in shares of DICK’S Sporting Goods during the 2nd quarter valued at approximately $1,586,000. Montanova Capital LLC acquired a new position in shares of DICK’S Sporting Goods in the second quarter worth about $34,321,000. Senator Investment Group LP acquired a new stake in shares of DICK’S Sporting Goods during the 2nd quarter valued at about $45,362,000. Finally, Moore Capital Management LP purchased a new stake in shares of DICK’S Sporting Goods in the second quarter valued at approximately $523,000. 89.83% of the stock is currently owned by institutional investors and hedge funds.

More DICK’S Sporting Goods News

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

Analyst Upgrades and Downgrades

DKS has been the topic of several research analyst reports. Wells Fargo & Company dropped their target price on shares of DICK’S Sporting Goods from $240.00 to $185.00 and set an “overweight” rating on the stock in a research report on Tuesday, August 25th. BTIG Research reduced 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. Weiss Ratings restated a “hold (c+)” rating on shares of DICK’S Sporting Goods in a research report on Wednesday. The Goldman Sachs Group dropped their price objective on shares of DICK’S Sporting Goods from $271.00 to $170.00 and set a “buy” rating for the company in a report on Wednesday, August 26th. Finally, DA Davidson cut their target price on DICK’S Sporting Goods from $260.00 to $205.00 and set a “buy” rating for the company in a research note on Wednesday, August 26th. Twelve research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $170.22.

Insider Activity

In other DICK’S Sporting Goods news, Director William J. Colombo acquired 913 shares of the company’s stock in a transaction that occurred on Tuesday, September 1st. The shares were purchased at an average price of $133.19 per share, with a total value of $121,602.47. Following the completion of the acquisition, the director directly owned 181,000 shares of the company’s stock, valued at approximately $24,107,390. The trade was a 0.51% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Robert W. Eddy acquired 4,000 shares of DICK’S Sporting Goods stock in a transaction that occurred on Wednesday, August 26th. The stock was bought at an average price of $128.69 per share, with a total value of $514,760.00. Following the purchase, the director directly owned 10,886 shares of the company’s stock, valued at approximately $1,400,919.34. This trade represents a 58.09% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have purchased a total of 29,563 shares of company stock worth $3,843,882 over the last quarter. Insiders own 28.91% of the company’s stock.

DICK’S Sporting Goods Stock Down 0.3%

DKS stock opened at $139.33 on Friday. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.49 and a quick ratio of 0.36. The company has a market cap of $12.47 billion, a price-to-earnings ratio of 14.97, a price-to-earnings-growth ratio of 1.62 and a beta of 1.11. DICK’S Sporting Goods, Inc. has a 12 month low of $120.40 and a 12 month high of $244.38. The company has a fifty day moving average price of $195.17 and a 200 day moving average price of $206.79.

DICK’S Sporting Goods (NYSE:DKS) last announced 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 business had revenue of $5.59 billion during the quarter, compared to analysts’ expectations of $5.64 billion. During the same period in the previous year, the company posted $4.38 earnings per share. DICK’S Sporting Goods’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. Sell-side analysts expect that DICK’S Sporting Goods, Inc. will post 11.73 earnings per share for the current year.

DICK’S Sporting Goods Dividend Announcement

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

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.