Prescott Group Capital Management L.L.C. Makes New Investment in DICK’S Sporting Goods, Inc. $DKS

Prescott Group Capital Management L.L.C. bought a new stake in shares of DICK’S Sporting Goods, Inc. (NYSE:DKS) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 15,282 shares of the sporting goods retailer’s stock, valued at approximately $2,052,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in DKS. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of DICK’S Sporting Goods in the third quarter worth $716,000. MGO One Seven LLC raised its stake in shares of DICK’S Sporting Goods by 261.3% during the 3rd quarter. MGO One Seven LLC now owns 4,942 shares of the sporting goods retailer’s stock valued at $664,000 after buying an additional 3,574 shares during the last quarter. International Assets Investment Management LLC acquired a new position in shares of DICK’S Sporting Goods in the 3rd quarter valued at about $1,611,000. D.A. Davidson & CO. acquired a new position in shares of DICK’S Sporting Goods in the 3rd quarter valued at about $330,000. Finally, Pinnacle Wealth Planning Services Inc. boosted its stake in shares of DICK’S Sporting Goods by 241.2% in the third quarter. Pinnacle Wealth Planning Services Inc. now owns 290 shares of the sporting goods retailer’s stock worth $39,000 after buying an additional 205 shares during the last quarter. 89.83% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting DICK’S Sporting Goods

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

• Positive Sentiment: DICK’S opened an AI hub in Bengaluru and plans to create 400 technology jobs, which could expand its technology capabilities over time. Article: DICK’S Sporting Goods Opens Bengaluru AI Hub
• Neutral Sentiment: The company is scheduled to report fiscal third-quarter results before the market opens on November 24, giving investors a near-term update on performance. Article: Third Quarter Results Call Scheduled
• Negative Sentiment: Multiple law-firm alerts concern the same pending securities class action, with a lead-plaintiff deadline of November 3. The complaint alleges that statements about Foot Locker’s inventory cleanup and margin expansion were followed by a weaker sales outlook and pressure on DKS shares; these remain allegations, not findings. The litigation creates reputational and potential financial uncertainty. Article: Class Action Lawsuit Deadline Alert
• Negative Sentiment: Zacks Research trimmed several future EPS forecasts, including FY2027 from $11.49 to $11.43, and maintained a “Strong Sell” rating. The reductions are modest, but add to concerns about the earnings outlook. MarketBeat DKS coverage

Insiders Place Their Bets

In related news, Director Larry Jr. Fitzgerald purchased 1,860 shares of the company’s stock in a transaction dated Wednesday, September 23rd. The stock was acquired at an average cost of $131.67 per share, for a total transaction of $244,906.20. Following the completion of the transaction, the director directly owned 15,199 shares of the company’s stock, valued at approximately $2,001,252.33. This trade represents a 13.94% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Navdeep Gupta purchased 7,707 shares of the business’s stock in a transaction that occurred on Tuesday, September 22nd. The stock was bought at an average cost of $129.75 per share, with a total value of $999,983.25. Following the acquisition, the executive vice president 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. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders bought 42,795 shares of company stock valued at $5,588,641. Insiders own 28.91% of the company’s stock.

DICK’S Sporting Goods Trading Down 4.1%

Shares of DKS opened at $136.41 on Wednesday. DICK’S Sporting Goods, Inc. has a 52-week low of $120.15 and a 52-week high of $244.38. 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’s fifty day moving average is $135.50 and its two-hundred day moving average is $191.84. The stock has a market cap of $12.13 billion, a PE ratio of 14.65, a price-to-earnings-growth ratio of 2.70 and a beta of 1.09.

DICK’S Sporting Goods (NYSE:DKS) last posted its quarterly earnings results 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 business 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 business’s quarterly revenue was up 53.2% on a year-over-year basis. During the same period in the prior 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. Research analysts forecast that DICK’S Sporting Goods, Inc. will post 11.68 earnings per share for the current fiscal year.

DICK’S Sporting Goods Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, September 11th were issued a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Friday, September 11th. DICK’S Sporting Goods’s payout ratio is currently 53.71%.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. The Goldman Sachs Group decreased their price target on DICK’S Sporting Goods from $271.00 to $170.00 and set a “buy” rating for the company in a report on Wednesday, August 26th. Oppenheimer dropped their price objective on shares of DICK’S Sporting Goods from $270.00 to $150.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 26th. DA Davidson cut their target price on shares of DICK’S Sporting Goods from $260.00 to $205.00 and set a “buy” rating for the company in a report on Wednesday, August 26th. JPMorgan Chase & Co. decreased their target price on shares of DICK’S Sporting Goods from $270.00 to $245.00 and set an “overweight” rating for the company in a research note on Monday, August 24th. Finally, Truist Financial lowered their price target on shares of DICK’S Sporting Goods from $135.00 to $128.00 and set a “hold” rating on the stock in a report on Thursday, October 1st. Twelve 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.com, the company has an average rating of “Hold” and an average price target of $167.53.

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 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 namesake DICK’S Sporting Goods stores and digital platforms, along with specialty and concept formats such as Golf Galaxy, Public Lands, House of Sport and other retail brands.