Voya Investment Management LLC Increases Stock Position in NIKE, Inc. $NKE

Voya Investment Management LLC increased its holdings in shares of NIKE, Inc. (NYSE:NKE) by 25.0% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,761,086 shares of the footwear maker’s stock after purchasing an additional 351,842 shares during the period. Voya Investment Management LLC’s holdings in NIKE were worth $122,801,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of NKE. Addenda Capital Inc. increased its holdings in shares of NIKE by 24.3% in the 3rd quarter. Addenda Capital Inc. now owns 241,542 shares of the footwear maker’s stock valued at $16,930,000 after acquiring an additional 47,152 shares during the period. Mitchell & Pahl Private Wealth LLC grew its stake in NIKE by 0.9% in the third quarter. Mitchell & Pahl Private Wealth LLC now owns 23,098 shares of the footwear maker’s stock valued at $1,611,000 after purchasing an additional 217 shares during the last quarter. Dynamic Advisor Solutions LLC raised its holdings in NIKE by 113.5% in the third quarter. Dynamic Advisor Solutions LLC now owns 16,494 shares of the footwear maker’s stock worth $1,150,000 after purchasing an additional 8,768 shares in the last quarter. Gainplan LLC purchased a new stake in shares of NIKE during the third quarter valued at about $351,000. Finally, Pacifica Partners Inc. boosted its holdings in shares of NIKE by 8.4% in the 3rd quarter. Pacifica Partners Inc. now owns 31,178 shares of the footwear maker’s stock valued at $2,314,000 after buying an additional 2,418 shares in the last quarter. Institutional investors own 64.25% of the company’s stock.

Key Stores Impacting NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Q2 beat on top and bottom line — Nike reported $12.4B in revenue and $0.53 EPS, both ahead of expectations, showing resilience in demand overall. Nike Beats on Earnings But Struggles in China and Faces Tariffs
• Positive Sentiment: North America strength and product wins — North American sales rose ~9% and running category grew ~20%, supporting the turnaround thesis for key categories. Nike’s China conundrum deepens
• Neutral Sentiment: Analyst mix — Some firms reaffirm buys (Guggenheim, Needham/Buys remain) while others cut price targets or mark to market; Berenberg reiterated neutral with a $70 PT. This leaves Street views mixed but not uniformly bearish. MarketScreener Latest Ratings
• Negative Sentiment: Tariff and margin pressure — Gross margin fell ~300 bps (to ~40.6%) and management flagged substantial tariff headwinds (reported ~$1.5B FY impact) and guidance for further margin contraction next quarter. Nike Plunges 11% As Tariffs, China Woes Cloud Outlook
• Negative Sentiment: China slump — Greater China sales plunged (~16–20% reported across outlets), with Chinese DTC digital revenue down sharply, raising concerns that Nike’s China playbook isn’t yet working. Nike is struggling to stay culturally relevant in China
• Negative Sentiment: Guidance and investor reaction — Management guided to low‑single‑digit revenue declines next quarter and warned of margin headwinds; markets focused on that guidance and tariffs, driving heavy selling and large intraday volume. Nike says turnaround plans are ‘in the middle innings’

NIKE Stock Performance

Shares of NKE opened at $58.80 on Friday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.45 and a current ratio of 2.19. The stock has a 50-day moving average of $65.05 and a two-hundred day moving average of $69.40. The stock has a market cap of $86.91 billion, a P/E ratio of 34.59, a P/E/G ratio of 2.32 and a beta of 1.29. NIKE, Inc. has a one year low of $52.28 and a one year high of $82.44.

NIKE (NYSE:NKE) last announced its quarterly earnings data on Thursday, December 18th. The footwear maker reported $0.53 earnings per share for the quarter, beating analysts’ consensus estimates of $0.37 by $0.16. NIKE had a return on equity of 18.61% and a net margin of 5.43%.The business had revenue of $12.43 billion for the quarter, compared to analyst estimates of $12.19 billion. During the same period in the prior year, the company earned $0.78 earnings per share. The company’s revenue was up .6% on a year-over-year basis. As a group, research analysts predict that NIKE, Inc. will post 2.05 EPS for the current year.

NIKE Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 2nd. Stockholders of record on Monday, December 1st will be issued a $0.41 dividend. This is an increase from NIKE’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Monday, December 1st. This represents a $1.64 annualized dividend and a dividend yield of 2.8%. NIKE’s payout ratio is currently 84.10%.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Royal Bank Of Canada reiterated an “outperform” rating on shares of NIKE in a research note on Friday, October 10th. Needham & Company LLC reduced their price target on NIKE from $78.00 to $68.00 and set a “buy” rating on the stock in a research report on Friday. Bank of America lowered their price objective on NIKE from $84.00 to $73.00 and set a “buy” rating for the company in a research report on Friday. The Goldman Sachs Group set a $77.00 target price on NIKE in a research note on Friday. Finally, JPMorgan Chase & Co. decreased their price target on NIKE from $100.00 to $86.00 and set a “buy” rating for the company in a research note on Monday, November 17th. Three research analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $78.14.

Insider Activity

In other news, EVP Treasure Heinle sold 4,300 shares of the stock in a transaction on Monday, October 6th. The shares were sold at an average price of $71.27, for a total value of $306,461.00. Following the sale, the executive vice president owned 29,396 shares in the company, valued at $2,095,052.92. This represents a 12.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jorgen Vig Knudstorp bought 16,150 shares of NIKE stock in a transaction that occurred on Friday, November 7th. The shares were acquired at an average cost of $62.09 per share, with a total value of $1,002,753.50. Following the acquisition, the director owned 21,388 shares of the company’s stock, valued at $1,327,980.92. The trade was a 308.32% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders own 0.80% of the company’s stock.

About NIKE

Nike, Inc (NYSE: NKE) is a global designer, marketer and distributor of athletic footwear, apparel, equipment and accessories. Founded in 1964 as Blue Ribbon Sports by Phil Knight and Bill Bowerman and renamed Nike in 1971, the company is headquartered near Beaverton, Oregon. Nike develops and commercializes products across performance and lifestyle categories for sports including running, basketball, soccer and training, and is known for signature technologies and design-driven product lines.

The company markets products under several primary brands, including Nike, Jordan and Converse, and sells through a combination of wholesale relationships, branded retail stores and direct-to-consumer channels such as company-operated stores and digital platforms (e.g., Nike.com and mobile apps).