TD Waterhouse Canada Inc. Sells 5,610 Shares of DICK’S Sporting Goods, Inc. $DKS

TD Waterhouse Canada Inc. reduced its position in shares of DICK’S Sporting Goods, Inc. (NYSE:DKS) by 68.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,531 shares of the sporting goods retailer’s stock after selling 5,610 shares during the period. TD Waterhouse Canada Inc.’s holdings in DICK’S Sporting Goods were worth $582,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Senator Investment Group LP purchased a new position in DICK’S Sporting Goods in the second quarter worth $45,362,000. The Manufacturers Life Insurance Company purchased a new stake in shares of DICK’S Sporting Goods during the 2nd quarter valued at $11,466,000. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of DICK’S Sporting Goods during the 2nd quarter valued at $18,448,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of DICK’S Sporting Goods by 5.9% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 369,928 shares of the sporting goods retailer’s stock worth $83,903,000 after purchasing an additional 20,503 shares during the period. Finally, Montanova Capital LLC bought a new stake in shares of DICK’S Sporting Goods during the 2nd quarter worth $34,321,000. 89.83% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Truist Financial downgraded shares of DICK’S Sporting Goods from a “buy” rating to a “hold” rating and cut their price target for the stock from $270.00 to $135.00 in a report on Wednesday, August 26th. BNP Paribas Exane reaffirmed an “underperform” rating and issued a $99.00 price objective on shares of DICK’S Sporting Goods in a research report on Wednesday, August 26th. Weiss Ratings reiterated a “hold (c+)” rating on shares of DICK’S Sporting Goods in a research note on Wednesday, September 2nd. UBS Group reduced their target price on shares of 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. Finally, The Goldman Sachs Group decreased their price target on shares of DICK’S Sporting Goods from $271.00 to $170.00 and set a “buy” rating for the company in a research note on Wednesday, August 26th. Twelve research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $167.20.

Insider Buying and Selling at DICK’S Sporting Goods

In other DICK’S Sporting Goods news, Director Sandeep Mathrani purchased 1,550 shares of the company’s stock in a transaction that occurred on Wednesday, August 26th. The shares were bought at an average cost of $128.89 per share, for a total transaction of $199,779.50. Following the purchase, the director owned 11,136 shares of the company’s stock, valued at $1,435,319.04. This represents a 16.17% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director William Colombo acquired 913 shares of the business’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 completion of the acquisition, the director owned 181,000 shares in the company, valued at $24,107,390. This trade represents a 0.51% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders purchased 29,563 shares of company stock worth $3,843,882. 28.91% of the stock is currently owned by company insiders.

DICK’S Sporting Goods Stock Down 0.0%

DKS stock opened at $133.30 on Friday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.36 and a current ratio of 1.49. The company has a market capitalization of $11.93 billion, a price-to-earnings ratio of 14.32, a PEG ratio of 1.55 and a beta of 1.11. DICK’S Sporting Goods, Inc. has a fifty-two week low of $120.40 and a fifty-two week high of $244.38. The stock has a fifty day moving average of $187.46 and a 200-day moving average of $204.87.

DICK’S Sporting Goods (NYSE:DKS) 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). The firm had revenue of $5.59 billion during 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 was up 53.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.38 earnings per share. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. As a group, equities research analysts predict that DICK’S Sporting Goods, Inc. will post 11.7 earnings per share for the current year.

DICK’S Sporting Goods Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be given a $1.25 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $5.00 annualized dividend and a dividend yield of 3.8%. DICK’S Sporting Goods’s payout ratio is 53.71%.

DICK’S Sporting Goods News Summary

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

• Positive Sentiment: Traders purchased a large volume of DKS call options, indicating some investors are positioning for a potential rebound despite the recent weakness. Stock Traders Purchase Large Volume of DICK’S Sporting Goods Call Options
• Neutral Sentiment: Several law firms reminded shareholders that November 3, 2026 is the deadline to seek lead-plaintiff status in a securities class action covering investors who purchased DKS shares between September 8, 2025 and August 24, 2026. These notices repeat the same lawsuit and do not represent new operating developments. ROSEN securities class action notice
• Negative Sentiment: The securities lawsuit alleges that DICK’S and certain executives violated federal securities laws in connection with statements about the Foot Locker integration. Investor alerts say the case followed an August guidance cut that was associated with a reported $55.02-per-share decline. The allegations have not been proven, but the litigation creates legal, reputational and potential financial risks. DKS shareholder alert and class action details
• Negative Sentiment: Zacks Research lowered its EPS forecasts across fiscal 2027 through fiscal 2029, including fiscal 2027 EPS from $14.10 to $11.49 and fiscal 2028 EPS from $16.26 to $13.43. Zacks maintains a “Strong Sell” rating, reinforcing concerns about DICK’S longer-term earnings outlook.
• Negative Sentiment: The pressure follows DICK’S latest quarterly results, which missed analysts’ EPS and revenue expectations, while quarterly EPS declined year over year despite revenue growth driven partly by the Foot Locker acquisition.

DICK’S Sporting Goods Company Profile

DICK’S Sporting Goods, Inc is a leading American sporting goods retailer that sells athletic equipment, apparel, footwear and accessories for a broad range of sports and outdoor activities. Its merchandise includes products for fitness, team sports, golf, running, hunting, fishing and camping, as well as casual and performance-oriented clothing and footwear.

The company operates through its DICK’S Sporting Goods stores and e-commerce platform, along with specialty and concept businesses including Golf Galaxy, Public Lands and House of Sport locations.