DICK'S Sporting Goods (NYSE:DKS) Director Acquires 913 Shares of Stock

Key Points

  • Director William Colombo purchased 913 DICK’S Sporting Goods shares at an average price of $133.19, investing approximately $121,600 and increasing his direct holdings to 181,000 shares.
  • DICK’S reported weaker-than-expected quarterly results, with EPS of $3.53 versus the $3.74 consensus and revenue of $5.59 billion versus $5.64 billion expected, although revenue rose 53.2% year over year.
  • The company declared a quarterly dividend of $1.25 per share, equivalent to $5.00 annually and a 3.6% yield. Analysts collectively rate the stock “Hold,” with an average price target of $170.22 amid concerns about Foot Locker integration and earnings risks.

DICK'S Sporting Goods, Inc. (NYSE:DKS - Get Free Report) Director William Colombo purchased 913 shares of the company's stock in a transaction that occurred on Tuesday, September 1st. The stock was acquired at an average cost of $133.19 per share, with a total value of $121,602.47. Following the purchase, the director directly owned 181,000 shares of the company's stock, valued at $24,107,390. This trade represents a 0.51% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

DICK'S Sporting Goods Price Performance

DKS opened at $137.33 on Thursday. The company has a current ratio of 1.49, a quick ratio of 0.36 and a debt-to-equity ratio of 0.33. The stock has a fifty day simple moving average of $199.13 and a two-hundred day simple moving average of $207.70. The company has a market cap of $12.29 billion, a price-to-earnings ratio of 14.75, a price-to-earnings-growth ratio of 1.54 and a beta of 1.12. DICK'S Sporting Goods, Inc. has a 12-month low of $120.40 and a 12-month high of $244.38.




DICK'S Sporting Goods (NYSE:DKS - Get Free Report) last announced its quarterly earnings data 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 net margin of 3.97% and a return on equity of 19.21%. The company had revenue of $5.59 billion for the quarter, compared to analysts' expectations of $5.64 billion. During the same quarter in the previous year, the firm posted $4.38 EPS. The firm's quarterly 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. Research analysts predict that DICK'S Sporting Goods, Inc. will post 11.73 earnings per share for the current fiscal year.

DICK'S Sporting Goods Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be issued a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend is Friday, September 11th. DICK'S Sporting Goods's payout ratio is presently 53.71%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on DKS shares. UBS Group cut their target price on DICK'S Sporting Goods from $275.00 to $178.00 and set a "buy" rating for the company in a research report on Thursday, August 27th. Truist Financial downgraded DICK'S Sporting Goods from a "buy" rating to a "hold" rating and cut their target price for the company from $270.00 to $135.00 in a research report on Wednesday, August 26th. Morgan Stanley decreased their price objective on shares of DICK'S Sporting Goods from $270.00 to $180.00 and set an "overweight" rating for the company in a research note on Wednesday, August 26th. Citigroup lowered their price objective on shares of DICK'S Sporting Goods from $280.00 to $190.00 and set a "buy" rating for the company in a research report on Thursday, August 27th. Finally, BNP Paribas Exane restated an "underperform" rating and set a $99.00 price target on shares of DICK'S Sporting Goods in a research note on Wednesday, August 26th. Twelve research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, DICK'S Sporting Goods has a consensus rating of "Hold" and an average target price of $170.22.

Check Out Our Latest Report on DKS

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of DKS. Harbor Investment Advisory LLC acquired a new position in DICK'S Sporting Goods during the first quarter worth $30,000. Elyxium Wealth LLC acquired a new position in shares of DICK'S Sporting Goods in the fourth quarter worth $35,000. SHP Wealth Management purchased a new stake in shares of DICK'S Sporting Goods during the fourth quarter worth approximately $38,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of DICK'S Sporting Goods during the 3rd quarter worth $48,000. Finally, Fideuram Asset Management Ireland dac acquired a new position in shares of DICK'S Sporting Goods during the 4th quarter worth about $44,000. Institutional investors and hedge funds own 89.83% of the company's stock.

DICK'S Sporting Goods News Roundup

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

About DICK'S Sporting Goods

(Get Free Report)

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.

Featured Stories

Insider Buying and Selling by Quarter for DICK'S Sporting Goods (NYSE:DKS)

This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].

Insider Buying or Selling at DICK'S Sporting Goods?
Sign-up to receive InsiderTrades.com's daily insider buying and selling report for DICK'S Sporting Goods and related companies.
From Our Partners
Free Insider Buying and Selling Newsletter
Enter your email address below to receive InsiderTrades.com's daily insider buying and selling report.
From Our Partners

Most Read This Month

Recent Articles