Edward Stack Buys Shares of DICK'S Sporting Goods

Edward Stack, the Executive Chairman of DICK'S Sporting Goods, Inc. (NYSE: DKS), made a significant purchase of company shares on June 24, 2026. Stack bought 958,466 shares at an average price of $11.31 each, totaling about $10.84 million. This transaction was not part of a pre-arranged trading plan.

Insider Buying and Selling at DICK'S Sporting Goods, Inc.

Edward Stack's recent activity included both buying and selling shares on June 24, 2026. He purchased 958,466 shares at $11.31, while also selling 442,692 shares at $236.93. Other insiders like Robert Eddy, Desiree Ralls-Morrison, and William Colombo also made smaller share purchases earlier in June.

Other Institutional Activity in DICK'S Sporting Goods

Wellington Management Group LLP increased its stake in DICK'S Sporting Goods by 319,951 shares, bringing its total to 8,811,899 shares worth about $1.75 billion, a 3.8% increase. BlackRock, Inc. added 121,673 shares, ending with 6,614,236 shares valued at approximately $1.31 billion, a 1.9% increase. FMR LLC grew its holdings by 128,638 shares to 5,389,701 shares, valued at roughly $1.07 billion, a 2.4% increase. Bank of America Corp /DE/ added 184,727 shares, resulting in a 5.8% increase, with a total of 3,382,472 shares valued at $670.71 million. Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both opened new positions, holding 3,317,848 and 2,858,581 shares, respectively.

DICK'S Sporting Goods, Inc. Stock Up 77.0%

Shares of DICK'S Sporting Goods traded near $239.17 on Saturday. The company has a market cap of about $21.41 billion and a P/E ratio of 23.31, with a forward P/E of 14.66. The stock's beta is 1.224, indicating some volatility. Over the past year, the stock has ranged from a low of $186.67 to a high of $244.38. Its 50-day moving average is $223.62, and its 200-day moving average is $214.77.

Recent Earnings

DICK'S Sporting Goods reported revenue of $19.20 billion, with a modest growth rate of 0.63%. The company's net margin stands at 4.71%, and its return on equity is 20.9%. Earnings per share came in at $10.26. Investors are looking ahead to the next earnings report scheduled for August 25, 2026.

Dividend

The company pays an annual dividend rate of $5.00, yielding 2.09% based on current prices. The dividend payout ratio is 47.59%, indicating a balanced approach to returning capital to shareholders.

Analysts Set New Price Targets

On May 28, 2026, JP Morgan upgraded DICK'S Sporting Goods to a 'buy' rating, setting a price target of $270. Truist Securities and Barclays also maintained their 'buy' ratings with targets of $270 and $280, respectively. The consensus among 22 analysts is a 'buy', with an average price target of $249.27.

About DICK'S Sporting Goods, Inc.

DICK'S Sporting Goods, Inc., headquartered in Coraopolis, Pennsylvania, is a major omni-channel retailer in the United States, offering a wide range of sporting goods, apparel, and footwear. The company operates various specialty stores, including Golf Galaxy and Public Lands, and has an online presence through its website and mobile apps. Founded in 1948, it employs around 31,600 people and is led by CEO Ms. Lauren R. Hobart.

Bottom Line

Edward Stack's purchase of DICK'S Sporting Goods shares highlights his continued confidence in the company. With a strong market presence and a diverse product offering, DICK'S remains a key player in the specialty retail sector. Investors will be watching upcoming earnings and analyst updates closely, as these 13F filings reflect past activity and may not indicate current positions.