NIKE, Inc. $NKE Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC decreased its stake in shares of NIKE, Inc. (NYSE:NKE) by 4.4% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 363,288 shares of the footwear maker’s stock after selling 16,562 shares during the period. Nisa Investment Advisors LLC’s holdings in NIKE were worth $25,477,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in NKE. Norges Bank acquired a new position in NIKE in the 2nd quarter valued at 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% during 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 worth $645,855,000 after purchasing an additional 8,809,950 shares during the last quarter. Harris Associates L P purchased a new stake in shares of NIKE during the second quarter worth about $621,525,000. Invesco Ltd. raised its position in shares of NIKE by 66.1% in the second quarter. Invesco Ltd. now owns 12,157,198 shares of the footwear maker’s stock valued at $863,647,000 after buying an additional 4,840,114 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted 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 valued at $411,951,000 after buying an additional 3,299,155 shares during the period. 64.25% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have commented on NKE shares. DZ Bank reaffirmed a “buy” rating on shares of NIKE in a research note on Friday, December 19th. BNP Paribas Exane decreased their price objective on NIKE from $38.00 to $35.00 and set an “underperform” rating on the stock in a report on Friday, December 19th. 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, December 19th. Citigroup reiterated a “neutral” rating and set a $65.00 target price (down from $70.00) on shares of NIKE in a research report on Friday, December 19th. Finally, Barclays set a $64.00 price target on NIKE and gave the stock an “equal weight” rating in a research note on Friday, December 19th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $75.32.

NIKE News Roundup

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Insider buying and high-profile bullish commentary — Directors and the CEO have recently bought shares, and Jim Cramer highlighted that insider purchases as a signal the turnaround may be gaining traction; insider purchases often boost investor confidence in near-term upside. Jim Cramer Says Insider Buying in Nike Signals “That the Business Is Indeed Turning”
• Positive Sentiment: Sanford C. Bernstein reaffirmed a Buy rating — A retained Buy from a major firm supports the turnaround narrative and can help underpin valuation expectations ahead of upcoming quarters. Sanford C. Bernstein Reaffirms “Buy” Rating for NIKE (NYSE:NKE)
• Neutral Sentiment: Relative-value pieces and “buy the dip” coverage — Several outlets (Zacks, MarketBeat) compare NKE vs. Adidas and discuss whether Nike is a dip-buy; useful for positioning but not immediate catalysts. ADDYY or NKE: Which Is the Better Value Stock Right Now?
• Neutral Sentiment: New coverage and model chatter — Deutsche Bank initiated coverage with a Hold and various media pieces (including a ChatGPT price projection) add noise but little fundamental clarity; these items can influence short-term flows.
• Negative Sentiment: Analyst skepticism on turnaround timing — Needham flagged that early “brand heat” may not translate quickly into sustainable growth, emphasizing uncertainty around the timeline for recovery. That raises risk around near-term execution. Nike ‘Brand Heat’ Not Enough, Analyst Says: ‘Timeline Is Uncertain At Best’
• Negative Sentiment: Downgrades and China concerns — TipRanks reported a downgrade citing slow turnaround progress and China weakness remains a recurring headwind; RBC cut its price target while saying profitable growth is possible, and another bank issued pessimistic forecasts — these weigh on medium-term upside and multiple expansion. Nike Stock (NKE) Is Downgraded on Slow Turnaround Progress RBC lowers Nike (NKE) target but sees path to profitable growth intact Royal Bank Of Canada Issues Pessimistic Forecast for NIKE (NYSE:NKE) Stock Price

NIKE Stock Up 0.9%

NKE opened at $65.87 on Friday. NIKE, Inc. has a 1 year low of $52.28 and a 1 year high of $82.44. The firm has a 50 day moving average price of $63.46 and a 200 day moving average price of $69.45. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.40 and a current ratio of 2.06. The company has a market cap of $97.51 billion, a PE ratio of 38.74, a price-to-earnings-growth ratio of 2.81 and a beta of 1.28.

NIKE (NYSE:NKE) last released its quarterly earnings data 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. NIKE had a net margin of 5.43% and a return on equity of 18.43%. The company had revenue of $12.43 billion during the quarter, compared to the consensus estimate of $12.19 billion. During the same period in the previous year, the firm earned $0.78 earnings per share. NIKE’s revenue for the quarter was up .6% on a year-over-year basis. Sell-side analysts expect that NIKE, Inc. will post 2.05 earnings per share for the current year.

NIKE Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Monday, December 1st were issued a $0.41 dividend. The ex-dividend date was Monday, December 1st. This represents a $1.64 annualized dividend and a yield of 2.5%. This is an increase from NIKE’s previous quarterly dividend of $0.40. NIKE’s payout ratio is currently 96.47%.

Insider Buying and Selling

In related news, Director Timothy D. Cook bought 50,000 shares of the company’s stock in a transaction that occurred on Monday, December 22nd. The shares were acquired at an average cost of $58.97 per share, for a total transaction of $2,948,500.00. Following the acquisition, the director owned 105,480 shares in the company, valued at $6,220,155.60. This represents a 90.12% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Elliott Hill purchased 16,388 shares of NIKE stock in a transaction that occurred on Monday, December 29th. The shares were bought at an average cost of $61.10 per share, for a total transaction of $1,001,306.80. Following the completion of the transaction, the chief executive officer directly owned 241,587 shares in the company, valued at $14,760,965.70. This represents a 7.28% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought a total of 91,229 shares of company stock valued at $5,452,640 over the last ninety days. Insiders own 0.80% of the company’s stock.

NIKE Company 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).