10,050 Shares in DICK’S Sporting Goods, Inc. $DKS Acquired by Cantor Fitzgerald Investment Advisors L.P.

Cantor Fitzgerald Investment Advisors L.P. acquired a new stake in shares of DICK’S Sporting Goods, Inc. (NYSE:DKS) in the third quarter, HoldingsChannel.com reports. The fund acquired 10,050 shares of the sporting goods retailer’s stock, valued at approximately $1,350,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. BlackRock Inc. purchased a new stake in DICK’S Sporting Goods in the 2nd quarter worth $1,501,321,000. Bank of America Corp DE purchased a new position in DICK’S Sporting Goods during the 2nd quarter valued at approximately $1,024,000,000. Darsana Capital Partners LP increased its stake in DICK’S Sporting Goods by 9.1% in the 2nd quarter. Darsana Capital Partners LP now owns 1,500,000 shares of the sporting goods retailer’s stock worth $340,215,000 after acquiring an additional 125,000 shares during the last quarter. Maverick Capital Ltd. increased its stake in DICK’S Sporting Goods by 25.3% in the 1st quarter. Maverick Capital Ltd. now owns 1,044,903 shares of the sporting goods retailer’s stock worth $207,194,000 after acquiring an additional 210,654 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new position in shares of DICK’S Sporting Goods during the 2nd quarter valued at approximately $128,943,000. Institutional investors own 89.83% of the company’s stock.

DICK’S Sporting Goods Stock Up 2.8%

Shares of NYSE:DKS opened at $140.82 on Friday. DICK’S Sporting Goods, Inc. has a 52-week low of $120.15 and a 52-week high of $244.38. The stock has a market cap of $12.52 billion, a P/E ratio of 15.13, a price-to-earnings-growth ratio of 2.60 and a beta of 1.09. The business’s 50 day moving average is $148.36 and its 200 day moving average is $193.37. The company has a quick ratio of 0.36, a current ratio of 1.49 and a debt-to-equity ratio of 0.33.

DICK’S Sporting Goods (NYSE:DKS) last issued its earnings results on Tuesday, August 25th. The sporting goods retailer reported $3.53 earnings per share for the quarter, missing analysts’ consensus estimates of $3.74 by ($0.21). The firm had revenue of $5.59 billion for the quarter, compared to the consensus estimate of $5.64 billion. DICK’S Sporting Goods had a net margin of 3.97% and a return on equity of 19.21%. The company’s revenue for the quarter was up 53.2% on a year-over-year basis. During the same period last year, the firm earned $4.38 earnings per share. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. Sell-side analysts predict that DICK’S Sporting Goods, Inc. will post 11.69 EPS for the current year.

DICK’S Sporting Goods Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. UBS Group reduced their target price on shares of DICK’S Sporting Goods from $275.00 to $178.00 and set a “buy” rating on the stock in a report on Thursday, August 27th. Morgan Stanley dropped their price target on 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. Wall Street Zen downgraded DICK’S Sporting Goods from a “hold” rating to a “sell” rating in a research report on Saturday, September 12th. Citigroup dropped their target price on DICK’S Sporting Goods from $280.00 to $190.00 and set a “buy” rating for the company in a report on Thursday, August 27th. Finally, Truist Financial dropped their price objective on shares of DICK’S Sporting Goods from $135.00 to $128.00 and set a “hold” rating for the company in a research note on Thursday, October 1st. Eleven equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $166.85.

Trending Headlines about DICK’S Sporting Goods

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

• Positive Sentiment: DICK’S Sporting Goods secured a multi-year deal to serve as the New York Knicks’ footwear retail partner. The agreement could support brand visibility, customer traffic and footwear sales, although financial terms were not disclosed. DICK’S Sporting Goods Lands Multi-Year Knicks Footwear Retail Deal
• Positive Sentiment: DICK’S and Foot Locker plan to hire more than 11,000 seasonal employees for the 2026 holiday period. The hiring plan indicates preparation for holiday demand and supports store operations, though it will also increase seasonal labor expenses. DICK’S to Hire Over 11,000 Seasonal Teammates
• Neutral Sentiment: DKS outpaced the broader market in the latest trading session. The move reflects positive market momentum, but does not represent a new change to the company’s earnings outlook. DICK’S Sporting Goods Outpaces Stock Market Gains
• Negative Sentiment: Multiple law firms publicized a securities class action against DICK’S Sporting Goods and certain executives, including CFO Navdeep Gupta. The lawsuit alleges that management overstated the progress of Foot Locker’s inventory cleanup and margin performance before the company reduced its Foot Locker sales outlook, an announcement reportedly associated with a sharp share-price decline. Investors who purchased shares between September 8, 2025, and August 24, 2026, have until November 3, 2026, to seek lead-plaintiff status. The repeated announcements are largely duplicative reminders rather than separate lawsuits, but they increase legal, financial and reputational risk. SueWallSt DICK’S Sporting Goods Class Action Reminder

Insider Transactions at DICK’S Sporting Goods

In other news, Director William Colombo bought 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 26th. The stock was bought at an average price of $128.72 per share, with a total value 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. The trade was a 2.87% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Navdeep Gupta purchased 7,707 shares of the business’s stock in a transaction on Tuesday, September 22nd. The stock was purchased at an average cost of $129.75 per share, for a total transaction of $999,983.25. Following the completion of the acquisition, the executive vice president directly owned 86,580 shares of the company’s stock, valued at approximately $11,233,755. The trade was a 9.77% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders have bought 42,795 shares of company stock worth $5,588,641. 28.91% of the stock is owned by corporate insiders.

DICK’S Sporting Goods Company Profile

DICK’S Sporting Goods, Inc is a U.S.-based omnichannel sporting goods retailer that sells athletic apparel, footwear, sports equipment and related accessories. Its merchandise serves a broad range of sports and outdoor activities, including team sports, fitness, golf, running, hunting, fishing and camping.

The company operates through its DICK’S Sporting Goods stores and digital platforms, offering products from major athletic brands as well as private-label merchandise. Its retail portfolio also includes specialized concepts such as Golf Galaxy, Public Lands and House of Sport, which provide more focused assortments and, in some locations, services and experiences tailored to particular sports and outdoor activities.

DICK’S traces its history to 1948, when Richard “Dick” Stack opened a fishing-tackle store in Binghamton, New York.