Gladstone Institutional Advisory LLC Has $890,000 Stock Position in NIKE, Inc. $NKE

Gladstone Institutional Advisory LLC lifted its position in shares of NIKE, Inc. (NYSE:NKE) by 243.1% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,765 shares of the footwear maker’s stock after acquiring an additional 9,045 shares during the quarter. Gladstone Institutional Advisory LLC’s holdings in NIKE were worth $890,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Norges Bank bought a new stake in NIKE during the 2nd quarter worth about $835,063,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its stake in shares of NIKE by 3,129.9% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 9,091,426 shares of the footwear maker’s stock valued at $645,855,000 after purchasing an additional 8,809,950 shares during the last quarter. Harris Associates L P acquired a new stake in shares of NIKE during the 2nd quarter worth approximately $621,525,000. Invesco Ltd. raised its stake in shares of NIKE by 66.1% during the second quarter. Invesco Ltd. now owns 12,157,198 shares of the footwear maker’s stock worth $863,647,000 after buying an additional 4,840,114 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its stake in shares of NIKE by 129.4% during the second quarter. Ameriprise Financial Inc. now owns 5,849,636 shares of the footwear maker’s stock worth $411,951,000 after buying an additional 3,299,155 shares during the last quarter. Institutional investors and hedge funds own 64.25% of the company’s stock.

NIKE Stock Performance

NKE stock opened at $65.21 on Friday. NIKE, Inc. has a 1-year low of $52.28 and a 1-year high of $82.44. The company has a current ratio of 2.06, a quick ratio of 1.40 and a debt-to-equity ratio of 0.50. The firm has a market cap of $96.39 billion, a PE ratio of 38.36, a P/E/G ratio of 2.72 and a beta of 1.28. The business’s 50-day moving average price is $63.43 and its two-hundred day moving average price is $69.42.

NIKE (NYSE:NKE) last announced its quarterly earnings results on Thursday, December 18th. The footwear maker reported $0.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.16. The company had revenue of $12.43 billion during the quarter, compared to the consensus estimate of $12.19 billion. NIKE had a return on equity of 18.43% and a net margin of 5.43%.The company’s revenue for the quarter was up .6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.78 earnings per share. As a group, research analysts forecast that NIKE, Inc. will post 2.05 earnings per share for the current year.

NIKE Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Monday, December 1st were paid a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend was Monday, December 1st. This is a positive change from NIKE’s previous quarterly dividend of $0.40. NIKE’s dividend payout ratio (DPR) is currently 96.47%.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. Truist Financial set a $70.00 price objective on shares of NIKE and gave the company a “buy” rating in a research note on Friday, December 19th. Wells Fargo & Company set a $65.00 price target on NIKE and gave the company an “overweight” rating in a research note on Friday, December 19th. Morgan Stanley set a $72.00 price objective on NIKE and gave the stock a “positive” rating in a research note on Wednesday, October 1st. Oppenheimer reiterated an “outperform” rating on shares of NIKE in a report on Wednesday, December 17th. Finally, DZ Bank restated a “buy” rating on shares of NIKE in a report on Friday, December 19th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $75.32.

Key Stories Impacting NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Insider buying by CEO Elliott Hill and other insiders is being highlighted as a vote of confidence in Nike’s early-turnaround signs; MarketBeat notes insiders stepping in and a consensus price target above the current level. MarketBeat Insider Buying
• Positive Sentiment: Sanford C. Bernstein reaffirmed a Buy rating on NKE, signaling some analyst-level conviction in the company’s multi-year recovery potential. Sanford C. Bernstein Reaffirms Buy
• Positive Sentiment: Bank of America reiterated a Buy rating citing North America-led improvement, inventory discipline, and recovery potential — supportive for medium-term sentiment. Bank of America Buy Rating
• Neutral Sentiment: Deutsche Bank initiated coverage with a Hold rating — adds another institutional voice but not a strong directional signal.
• Neutral Sentiment: Valuation comparisons (Zacks) with Adidas keep Nike in investors’ screens for relative-value thinking; these pieces are informational rather than catalysts. Zacks ADDYY vs NKE
• Neutral Sentiment: Opinion pieces asking whether to “buy the dip” flag Nike as a recovery candidate — these can support retail buying but are not hard news. Is It Time to Buy the Dip?
• Neutral Sentiment: AI-driven short-term price predictions (ChatGPT/Benzinga) are noise — may influence retail chatter but not fundamentals. Benzinga ChatGPT Price Prediction
• Negative Sentiment: Analyst downgrade on slow turnaround progress (China weakness and slower-than-expected recovery) is pressuring sentiment and is an explicit negative catalyst. TipRanks Downgrade
• Negative Sentiment: Coverage arguing Nike’s turnaround is taking longer than expected (MSN feature) amplifies caution and investor frustration despite high-profile insider buying. MSN: Needs More Than Tim Cook
• Negative Sentiment: Royal Bank of Canada issued a pessimistic near-term price forecast, adding to the sell-side caution. RBC Pessimistic Forecast
• Negative Sentiment: Nike quietly exiting/disposing of RTFKT after closing its digital collectibles arm signals strategic pullback from NFTs and raises questions about prior digital investments. Cointelegraph: RTFKT Exit

Insider Activity

In related news, Director Robert Holmes Swan acquired 8,691 shares of the company’s stock in a transaction that occurred on Monday, December 22nd. The shares were acquired at an average cost of $57.54 per share, for a total transaction of $500,080.14. Following the completion of the acquisition, the director directly owned 43,293 shares in the company, valued at approximately $2,491,079.22. The trade was a 25.12% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Chairman Mark G. Parker sold 86,078 shares of the business’s stock in a transaction on Friday, November 14th. The shares were sold at an average price of $64.80, for a total transaction of $5,577,854.40. Following the completion of the sale, the chairman directly owned 647,615 shares in the company, valued at $41,965,452. This represents a 11.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders acquired 91,229 shares of company stock worth $5,452,640. Corporate insiders own 0.80% of the company’s stock.

NIKE Profile

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).