Northwestern Mutual Wealth Management Co. Acquires 4,968 Shares of DICK’S Sporting Goods, Inc. $DKS

Northwestern Mutual Wealth Management Co. increased its stake in DICK’S Sporting Goods, Inc. (NYSE:DKS) by 73.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,773 shares of the sporting goods retailer’s stock after acquiring an additional 4,968 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in DICK’S Sporting Goods were worth $2,670,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in shares of DICK’S Sporting Goods in the 2nd quarter valued at approximately $1,501,321,000. Bank of America Corp DE purchased a new stake in DICK’S Sporting Goods during the 2nd quarter valued at $1,024,000,000. State Street Corp raised its holdings in DICK’S Sporting Goods by 17.7% during the 3rd quarter. State Street Corp now owns 2,606,541 shares of the sporting goods retailer’s stock valued at $579,226,000 after buying an additional 391,694 shares during the period. Viking Global Investors LP bought a new stake in DICK’S Sporting Goods in the fourth quarter worth $509,371,000. Finally, Geode Capital Management LLC lifted its position in DICK’S Sporting Goods by 1.3% in the fourth quarter. Geode Capital Management LLC now owns 1,226,792 shares of the sporting goods retailer’s stock worth $242,184,000 after buying an additional 16,051 shares during the last quarter. 89.83% of the stock is owned by institutional investors.

DICK’S Sporting Goods Trading Down 0.3%

Shares of DKS opened at $139.33 on Friday. The firm has a market capitalization of $12.47 billion, a price-to-earnings ratio of 14.97, a PEG ratio of 1.62 and a beta of 1.11. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.49 and a quick ratio of 0.36. DICK’S Sporting Goods, Inc. has a 1-year low of $120.40 and a 1-year high of $244.38. The company has a 50-day moving average of $195.17 and a 200 day moving average of $206.79.

DICK’S Sporting Goods (NYSE:DKS) last issued its earnings results on Tuesday, August 25th. The sporting goods retailer reported $3.53 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 company had revenue of $5.59 billion during the quarter, compared to the consensus estimate of $5.64 billion. During the same quarter in the prior year, the company earned $4.38 earnings per share. DICK’S Sporting Goods’s revenue was up 53.2% on a year-over-year basis. 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 EPS for the current year.

DICK’S Sporting Goods Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Shareholders 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 yield of 3.6%. The ex-dividend date is Friday, September 11th. DICK’S Sporting Goods’s dividend payout ratio (DPR) is presently 53.71%.

DICK’S Sporting Goods News Summary

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

• Positive Sentiment: Director William Colombo purchased 913 DKS shares for approximately $121,600, increasing his direct ownership to 181,000 shares. Recent insider buying may signal that company directors view the selloff as an attractive entry point. DICK’S Sporting Goods Director Acquires 913 Shares of Stock
• Neutral Sentiment: DKS now trades at a materially lower valuation and offers an annualized dividend of $5.00 per share, or roughly a 3.6% yield based on the provided price. However, analysts remain divided, with a consensus “Hold” rating and an average price target of $170.22. Dick’s Sporting Goods Stock Just Crashed 31%
• Negative Sentiment: DICK’S reduced its 2026 profit outlook as Foot Locker weakness, promotional activity and higher costs outweighed strong sales growth in its core operations. The company’s latest quarterly earnings also missed analyst expectations, increasing concerns about integration execution and profitability. DKS Cuts 2026 Profit Outlook
• Negative Sentiment: Multiple law firms, including Kaplan Fox, Block & Leviton, Bleichmar Fonti & Auld, Kirby McInerney and Pomerantz, announced investigations into potential securities-law violations. The inquiries reportedly focus on whether DICK’S adequately disclosed inventory, discounting and Foot Locker-related profit risks. These notices are investor-solicitation announcements and do not establish wrongdoing, but they add legal and reputational overhang. Kaplan Fox Securities Investigation
• Negative Sentiment: Zacks Research downgraded DKS to “strong sell,” while technical coverage flagged a bearish “death cross” pattern, reinforcing negative momentum and investor caution. DKS Death Cross Analysis

Insider Transactions at DICK’S Sporting Goods

In other news, Director Mark Barrenechea bought 17,000 shares of the stock in a transaction on Thursday, August 27th. The stock was acquired at an average cost of $130.72 per share, for a total transaction of $2,222,240.00. Following the acquisition, the director owned 25,977 shares of the company’s stock, valued at $3,395,713.44. This represents a 189.37% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Sandeep Mathrani purchased 1,550 shares of the company’s stock in a transaction dated Wednesday, August 26th. The shares were purchased at an average cost of $128.89 per share, for a total transaction of $199,779.50. Following the transaction, the director directly owned 11,136 shares in the company, valued at approximately $1,435,319.04. This represents a 16.17% increase in their position. The SEC filing for this purchase provides additional information. In the last quarter, insiders acquired 29,563 shares of company stock valued at $3,843,882. Company insiders own 28.91% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on DKS. Guggenheim reissued a “neutral” rating on shares of DICK’S Sporting Goods in a research note on Wednesday, August 26th. Loop Capital reissued a “hold” rating and issued a $140.00 price objective on shares of DICK’S Sporting Goods in a research report on Tuesday, August 25th. 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 research report on Thursday, August 27th. DA Davidson cut their target price 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. Finally, JPMorgan Chase & Co. reduced their price target on DICK’S Sporting Goods from $270.00 to $245.00 and set an “overweight” rating on the stock in a report on Monday, August 24th. Twelve analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, DICK’S Sporting Goods presently has an average rating of “Hold” and an average target price of $170.22.

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.