Squarepoint Ops LLC Sells 68,089 Shares of DICK’S Sporting Goods, Inc. $DKS

Squarepoint Ops LLC reduced its position in DICK’S Sporting Goods, Inc. (NYSE:DKS) by 25.1% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 203,237 shares of the sporting goods retailer’s stock after selling 68,089 shares during the period. Squarepoint Ops LLC’s holdings in DICK’S Sporting Goods were worth $46,096,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in DKS. Harbor Investment Advisory LLC purchased a new stake in DICK’S Sporting Goods during the 1st quarter valued at $30,000. Elyxium Wealth LLC purchased a new position in shares of DICK’S Sporting Goods in the fourth quarter worth $35,000. SHP Wealth Management purchased a new position in shares of DICK’S Sporting Goods in the fourth quarter worth $38,000. Fideuram Asset Management Ireland dac purchased a new position in shares of DICK’S Sporting Goods in the fourth quarter worth $44,000. Finally, Clearstead Advisors LLC lifted its holdings in shares of DICK’S Sporting Goods by 68.8% during the fourth quarter. Clearstead Advisors LLC now owns 243 shares of the sporting goods retailer’s stock valued at $48,000 after purchasing an additional 99 shares in the last quarter. 89.83% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently commented on DKS shares. Telsey Advisory Group reaffirmed a “market perform” rating and set a $145.00 price objective (down from $255.00) on shares of DICK’S Sporting Goods in a research report on Wednesday, August 26th. Truist Financial cut shares of DICK’S Sporting Goods from a “buy” rating to a “hold” rating and lowered their target price for the company from $270.00 to $135.00 in a research note on Wednesday, August 26th. 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 report on Thursday, August 27th. Barclays reduced their price target on shares of DICK’S Sporting Goods from $280.00 to $150.00 and set an “overweight” rating for the company in a research note on Wednesday, August 26th. Finally, Guggenheim restated a “neutral” rating on shares of DICK’S Sporting Goods in a research report on Wednesday, August 26th. Twelve investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $167.20.

DICK’S Sporting Goods Stock Down 5.0%

DICK’S Sporting Goods stock opened at $132.15 on Wednesday. DICK’S Sporting Goods, Inc. has a one year low of $120.40 and a one year high of $244.38. The stock has a fifty day moving average of $191.44 and a 200 day moving average of $205.86. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.36 and a current ratio of 1.49. The stock has a market cap of $11.83 billion, a PE ratio of 14.19, a price-to-earnings-growth ratio of 1.61 and a beta of 1.11.

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 the consensus estimate of $3.74 by ($0.21). The firm had revenue of $5.59 billion during the quarter, compared to analysts’ expectations of $5.64 billion. DICK’S Sporting Goods had a return on equity of 19.21% and a net margin of 3.97%.The company’s revenue for the quarter was up 53.2% on a year-over-year basis. During the same period in the previous 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, sell-side analysts predict that DICK’S Sporting Goods, Inc. will post 11.73 EPS for the current year.

DICK’S Sporting Goods Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be issued a $1.25 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 3.8%. DICK’S Sporting Goods’s dividend payout ratio (DPR) is presently 53.71%.

Key DICK’S Sporting Goods News

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

• Positive Sentiment: Unusual options activity showed investors buying 6,416 DKS call options, about 13% above the average daily volume. This may indicate that some traders expect a rebound after the recent selloff.
• Neutral Sentiment: Several law firms announced or promoted securities investigations and class actions covering investors who purchased DICK’S securities between September 8, 2025, and August 24, 2026. The announcements largely repeat the same allegations and do not establish that the company violated securities laws. Kaplan Fox investigation
• Negative Sentiment: The legal actions allege that DICK’S and certain executives may have misled investors about growth, profitability and the impact of integrating Foot Locker, particularly regarding excess inventory, increased markdowns and pressure on margins. A lead-plaintiff deadline cited in the notices is November 3, 2026. DKS inventory investigation
• Negative Sentiment: The underlying operating concerns are more significant for investors than the law-firm announcements: inventory issues and heavier discounting could reduce gross profit and earnings, while Foot Locker integration costs and execution challenges may weigh on the company’s financial outlook. DICK’S most recently reported quarterly EPS and revenue below analyst expectations, with EPS also down from the prior-year period.

Insider Buying and Selling at DICK’S Sporting Goods

In other DICK’S Sporting Goods news, Director Robert W. Eddy bought 4,000 shares of DICK’S Sporting Goods stock in a transaction on Wednesday, August 26th. The stock was acquired 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 in the company, valued at approximately $1,400,919.34. This represents a 58.09% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director William J. Colombo purchased 5,000 shares of the firm’s stock in a transaction on Wednesday, August 26th. The stock was acquired at an average price of $128.72 per share, for a total transaction of $643,600.00. Following the completion of the transaction, 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 position. The SEC filing for this purchase provides additional information. In the last ninety days, insiders purchased 29,563 shares of company stock worth $3,843,882. 28.91% of the stock is owned by corporate insiders.

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.