SCHEDULE: FMR LLC Reports 10% Stake in Dick's Sporting Goods

Sentiment:

Beneficial Ownership Report


FMR LLC and its affiliates, including Abigail P. Johnson, reported a 10.0% beneficial ownership stake in DICKS SPORTING GOODS INC common stock as of September 30, 2025.

Summary

  • FMR LLC and Abigail P. Johnson, as a control person of FMR LLC, beneficially own 6,590,478.26 shares of DICKS SPORTING GOODS INC common stock.
  • This ownership represents 10.0% of the total outstanding common stock of DICKS SPORTING GOODS INC.
  • FMR LLC holds sole voting power over 6,303,323.63 shares and sole dispositive power over 6,590,478.26 shares.
  • Abigail P. Johnson holds sole dispositive power over 6,590,478.26 shares.
  • The filing is an Amendment No. 6 to Schedule 13G, indicating an update to a previously reported significant ownership position.
  • FMR LLC is classified as a parent holding company or control person, and Abigail P. Johnson is classified as an individual.
  • Several FMR LLC subsidiaries, including Fidelity Management & Research Company LLC, are identified as entities that beneficially own shares, with Fidelity Management & Research Company LLC owning 5% or greater of the outstanding shares.

Sentiment

Score: 7

Explanation: The filing is largely neutral as it is a routine disclosure of beneficial ownership. However, the continued significant stake (10%) by a major institutional investor like FMR LLC can be interpreted as a moderately positive signal of confidence in the issuer.

Positives

  • A significant 10.0% stake held by a major institutional investor like FMR LLC may signal confidence in DICKS SPORTING GOODS INC's long-term prospects.

Future Outlook

This filing does not contain any forward-looking statements or guidance from DICKS SPORTING GOODS INC.

Industry Context

FMR LLC, a prominent asset management firm, maintaining a substantial 10% stake in DICKS SPORTING GOODS INC suggests continued institutional interest in the sporting goods retail sector. This level of ownership by a major player can be viewed as a vote of confidence in the company's market position and operational strategy within the broader retail landscape.

Stakeholder Impact

  • Shareholders may view the continued significant institutional ownership by FMR LLC as a positive indicator of the company's stability and investment appeal.

Key Dates

DateDescription
09/30/2025Date of event which requires filing of this statement (beneficial ownership calculation date)
11/04/2025Date of filing of this statement

Keywords

DICKS SPORTING GOODS INC, FMR LLC, Abigail P. Johnson, Institutional Ownership, Schedule 13G, Common Stock, Retail, Sporting Goods

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