HighTower Advisors LLC Boosts Position in DICK’S Sporting Goods, Inc. $DKS

HighTower Advisors LLC raised its holdings in shares of DICK’S Sporting Goods, Inc. (NYSE:DKS) by 34.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 275,886 shares of the sporting goods retailer’s stock after buying an additional 71,001 shares during the period. HighTower Advisors LLC owned about 0.31% of DICK’S Sporting Goods worth $62,574,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of DKS. Harbor Investment Advisory LLC purchased a new position in shares of DICK’S Sporting Goods in the 1st quarter valued at $30,000. Elyxium Wealth LLC purchased a new stake in DICK’S Sporting Goods during the 4th quarter worth $35,000. SHP Wealth Management purchased a new stake in DICK’S Sporting Goods during the 4th quarter worth $38,000. Measured Wealth Private Client Group LLC acquired a new stake in DICK’S Sporting Goods in the 3rd quarter valued at $48,000. Finally, Fideuram Asset Management Ireland dac acquired a new stake in DICK’S Sporting Goods in the 4th quarter valued at $44,000. 89.83% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

DKS has been the topic of a number of recent research reports. DA Davidson reduced their price objective on DICK’S Sporting Goods from $260.00 to $205.00 and set a “buy” rating on the stock in a research note on Wednesday, August 26th. Loop Capital reiterated a “hold” rating and issued a $140.00 target price on shares of DICK’S Sporting Goods in a research note on Tuesday, August 25th. Telsey Advisory Group reiterated a “market perform” rating and set a $145.00 target price (down from $255.00) on shares of DICK’S Sporting Goods in a report on Wednesday, August 26th. Robert W. Baird reduced their price target 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. Finally, The Goldman Sachs Group decreased their price target on 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. Twelve equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $170.22.

More DICK’S Sporting Goods News

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 Stock Performance

NYSE:DKS opened at $139.33 on Tuesday. 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 firm has a 50-day moving average of $193.32 and a two-hundred day moving average of $206.36. The stock 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. DICK’S Sporting Goods, Inc. has a 1-year low of $120.40 and a 1-year high of $244.38.

DICK’S Sporting Goods (NYSE:DKS) last announced its earnings results on Tuesday, August 25th. The sporting goods retailer reported $3.53 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.74 by ($0.21). DICK’S Sporting Goods had a return on equity of 19.21% and a net margin of 3.97%.The business had revenue of $5.59 billion for the quarter, compared to analysts’ expectations of $5.64 billion. During the same period in the previous year, the firm posted $4.38 earnings per share. The firm’s revenue 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, research analysts expect that DICK’S Sporting Goods, Inc. will post 11.73 earnings per share for the current fiscal year.

DICK’S Sporting Goods Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be paid 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 is Friday, September 11th. DICK’S Sporting Goods’s payout ratio is 53.71%.

Insider Activity at DICK’S Sporting Goods

In related news, Director Sandeep Mathrani bought 1,550 shares of the business’s stock in a transaction dated Wednesday, August 26th. The shares were acquired 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 trade represents a 16.17% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Robert Eddy acquired 4,000 shares of the stock in a transaction that occurred on Wednesday, August 26th. The stock was purchased at an average cost of $128.69 per share, with a total value of $514,760.00. Following the completion of the acquisition, the director owned 10,886 shares of the company’s stock, valued at $1,400,919.34. The trade was a 58.09% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders purchased a total of 29,563 shares of company stock worth $3,843,882 over the last quarter. Company insiders own 28.91% of the company’s stock.

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.