DICK’S Sporting Goods, Inc. $DKS Shares Purchased by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. grew its stake in DICK’S Sporting Goods, Inc. (NYSE:DKS) by 118.2% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,794 shares of the sporting goods retailer’s stock after buying an additional 6,931 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in DICK’S Sporting Goods were worth $1,718,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. BlackRock Inc. bought a new stake in DICK’S Sporting Goods in the 2nd quarter valued at $1,501,321,000. Bank of America Corp DE bought a new position in DICK’S Sporting Goods during the 2nd quarter worth about $1,024,000,000. Darsana Capital Partners LP increased its holdings in DICK’S Sporting Goods by 9.1% during the 2nd quarter. Darsana Capital Partners LP now owns 1,500,000 shares of the sporting goods retailer’s stock worth $340,215,000 after purchasing an additional 125,000 shares in the last quarter. Maverick Capital Ltd. raised its stake in shares of DICK’S Sporting Goods by 25.3% in the 1st quarter. Maverick Capital Ltd. now owns 1,044,903 shares of the sporting goods retailer’s stock valued at $207,194,000 after purchasing an additional 210,654 shares during the period. Finally, Bank of New York Mellon Corp acquired a new stake in shares of DICK’S Sporting Goods in the 2nd quarter valued at about $128,943,000. Institutional investors own 89.83% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Wells Fargo & Company cut their price target on DICK’S Sporting Goods from $240.00 to $185.00 and set an “overweight” rating on the stock in a report on Tuesday, August 25th. UBS Group decreased their price objective on DICK’S Sporting Goods from $275.00 to $178.00 and set a “buy” rating for the company in a report on Thursday, August 27th. Truist Financial dropped their target price on DICK’S Sporting Goods from $135.00 to $128.00 and set a “hold” rating on the stock in a research report on Thursday, October 1st. KGI Securities cut DICK’S Sporting Goods from an “outperform” rating to a “neutral” rating and set a $135.10 target price on the stock. in a research note on Wednesday, August 26th. Finally, Oppenheimer reduced their price target on DICK’S Sporting Goods from $270.00 to $150.00 and set an “outperform” rating for the company in a research report on Wednesday, August 26th. Twelve investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $167.53.

Trending Headlines about DICK’S Sporting Goods

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

• Positive Sentiment: The recent move higher may reflect a rebound from DKS’s 52-week low of $120.15. However, none of the supplied articles identifies a new fundamental catalyst supporting the increase.
• Neutral Sentiment: Several law firms, including Kaplan Fox, Rosen Law Firm, and others, repeated notices about an existing securities class action and urged investors to seek lead-plaintiff status by November 3, 2026. These announcements largely duplicate one another and do not represent separate lawsuits or new company disclosures. Kaplan Fox class action deadline notice
• Negative Sentiment: The lawsuit covers investors who purchased DKS shares from September 8, 2025, through August 24, 2026, and names the company and certain officers. The complaints allege violations of federal securities laws involving statements about the Foot Locker integration and business outlook. One investor notice says an August 2026 guidance reduction preceded a $55.02-per-share decline. The allegations have not been proven, but the litigation creates legal, financial, and reputational overhang. DKS shareholder litigation alert
• Negative Sentiment: The legal developments add to existing operating concerns: DICK’S recently missed quarterly earnings and revenue estimates and issued fiscal 2026 earnings guidance of $11.00 to $12.00 per share, versus consensus expectations near $11.69.

Insider Buying and Selling

In other news, Director Larry Jr. Fitzgerald purchased 1,860 shares of the company’s stock in a transaction on Wednesday, September 23rd. The shares were purchased at an average cost of $131.67 per share, with a total value of $244,906.20. Following the completion of the transaction, the director owned 15,199 shares of the company’s stock, valued at $2,001,252.33. The trade was a 13.94% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Mark J. Barrenechea purchased 17,000 shares of the business’s stock in a transaction on Thursday, August 27th. The stock was purchased at an average price of $130.72 per share, with a total value of $2,222,240.00. Following the purchase, the director owned 25,977 shares of the company’s stock, valued at approximately $3,395,713.44. The trade was a 189.37% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have acquired a total of 42,795 shares of company stock worth $5,588,641 in the last quarter. 28.91% of the stock is owned by company insiders.

DICK’S Sporting Goods Price Performance

NYSE:DKS opened at $143.76 on Monday. 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 stock’s 50-day simple moving average is $137.19 and its 200 day simple moving average is $192.57. The company has a market cap of $12.78 billion, a P/E ratio of 15.44, a P/E/G ratio of 2.73 and a beta of 1.09. DICK’S Sporting Goods, Inc. has a 52-week low of $120.15 and a 52-week high of $244.38.

DICK’S Sporting Goods (NYSE:DKS) last released its earnings results on Tuesday, August 25th. The sporting goods retailer reported $3.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.74 by ($0.21). The company had revenue of $5.59 billion for the quarter, compared to the consensus estimate 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 revenue was up 53.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $4.38 EPS. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. As a group, sell-side analysts forecast that DICK’S Sporting Goods, Inc. will post 11.69 EPS for the current fiscal year.

DICK’S Sporting Goods Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, September 11th were issued a $1.25 dividend. This represents a $5.00 annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend was Friday, September 11th. DICK’S Sporting Goods’s dividend payout ratio is presently 53.71%.

DICK’S Sporting Goods 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.