Empowered Funds LLC Purchases Shares of 10,129 DICK’S Sporting Goods, Inc. $DKS

Empowered Funds LLC purchased a new stake in DICK’S Sporting Goods, Inc. (NYSE:DKS) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 10,129 shares of the sporting goods retailer’s stock, valued at approximately $2,297,000.

Other hedge funds also recently made changes to their positions in the company. United Capital Financial Advisors LLC acquired a new stake in shares of DICK’S Sporting Goods during the 2nd quarter valued at about $416,000. Caitlin John LLC acquired a new position in DICK’S Sporting Goods in the second quarter worth about $445,000. Equitable Holdings Inc. acquired a new position in DICK’S Sporting Goods in the second quarter worth about $206,000. Jefferies Financial Group Inc. bought a new position in DICK’S Sporting Goods during the second quarter worth about $680,000. Finally, Public Employees Retirement System of Ohio bought a new position in DICK’S Sporting Goods during the second quarter worth about $8,293,000. Institutional investors and hedge funds own 89.83% of the company’s stock.

Insiders Place Their Bets

In other DICK’S Sporting Goods news, Director Robert W. Eddy bought 4,000 shares of the stock in a transaction dated Wednesday, August 26th. The stock was bought at an average cost of $128.69 per share, for a total transaction of $514,760.00. Following the completion of the purchase, the director owned 10,886 shares in the company, valued at $1,400,919.34. This represents a 58.09% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director William J. Colombo purchased 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 26th. The stock was acquired at an average cost of $128.72 per share, with a total value of $643,600.00. Following the completion of the acquisition, the director directly owned 178,987 shares of the company’s stock, valued at $23,039,206.64. The trade was a 2.87% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders purchased a total of 29,563 shares of company stock worth $3,843,882 in the last three months. Company insiders own 28.91% of the company’s stock.

DICK’S Sporting Goods News Summary

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

• Positive Sentiment: Four DICK’S directors reportedly purchased approximately $3.7 million of stock after the recent decline, signaling that insiders view the lower share price as attractive. Director William J. Colombo separately bought 913 shares for about $121,600, increasing his position to 181,000 shares. Dick’s Sporting Goods Directors Buy $3.7 Million of Stock After Shares Plunge SEC insider transaction filing
• Neutral Sentiment: Valuation-focused coverage highlights that DKS has fallen substantially and now offers a dividend yield near 4%, but argues investors should wait because earnings and integration risks remain unresolved. DICK’S Sporting Goods: Crashed 31% And Now Yielding Near 4%
• Negative Sentiment: Recent earnings showed weaker-than-expected results, while management reduced its consolidated non-GAAP operating-profit outlook and Foot Locker comparable-sales projections. Coverage says the Foot Locker integration is obscuring otherwise stronger core business performance. DICK’S Sporting Goods Securities Investigation Notice DICK’S Sporting Goods’ Foot Locker Integration Clouding Strong Core Results
• Negative Sentiment: Several law firms, including Kirby McInerney, Bragar Eagel & Squire, Kaplan Fox, Levi & Korsinsky, Bleichmar Fonti & Auld and Pomerantz, announced investigations into potential securities-law violations. The inquiries center on whether DICK’S adequately disclosed Foot Locker-related inventory, discounting and profit pressures. These announcements are largely investor-solicitation notices and do not establish wrongdoing, but they add legal and reputational overhang. DKS Shareholder Alert Kaplan Fox Investigation

Analyst Ratings Changes

Several equities research analysts have recently weighed in on DKS shares. Citigroup lowered their price objective on DICK’S Sporting Goods from $280.00 to $190.00 and set a “buy” rating on the stock in a research note on Thursday, August 27th. 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. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $145.00 price target (down from $255.00) on shares of DICK’S Sporting Goods in a research note on Wednesday, August 26th. Jefferies Financial Group set a $171.00 price target on DICK’S Sporting Goods in a research note on Tuesday, August 25th. Finally, Truist Financial cut DICK’S Sporting Goods from a “buy” rating to a “hold” rating and lowered their price target for the company from $270.00 to $135.00 in a research report on Wednesday, August 26th. Twelve equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $170.22.

DICK’S Sporting Goods Price Performance

NYSE:DKS opened at $137.33 on Thursday. The company has a quick ratio of 0.36, a current ratio of 1.49 and a debt-to-equity ratio of 0.33. The firm has a market cap of $12.29 billion, a PE ratio of 14.75, a price-to-earnings-growth ratio of 1.54 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’s 50-day moving average price is $199.13 and its two-hundred day moving average price is $207.70.

DICK’S Sporting Goods (NYSE:DKS) last posted its quarterly earnings data on Tuesday, August 25th. The sporting goods retailer reported $3.53 earnings per share for the quarter, missing the consensus estimate of $3.74 by ($0.21). The firm had revenue of $5.59 billion for the quarter, compared to analyst estimates of $5.64 billion. DICK’S Sporting Goods had a return on equity of 19.21% and a net margin of 3.97%.The business’s quarterly revenue was up 53.2% on a year-over-year basis. During the same period in the previous year, the business posted $4.38 EPS. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. On average, equities analysts anticipate that DICK’S Sporting Goods, Inc. will post 11.73 EPS for the current fiscal year.

DICK’S Sporting Goods Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be given a $1.25 dividend. The ex-dividend date is Friday, September 11th. This represents a $5.00 annualized dividend and a yield of 3.6%. DICK’S Sporting Goods’s payout ratio is presently 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.