NIKE, Inc. $NKE is McGinn Penninger Investment Management Inc.’s 8th Largest Position

McGinn Penninger Investment Management Inc. grew its stake in shares of NIKE, Inc. (NYSE:NKE) by 17.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 97,470 shares of the footwear maker’s stock after purchasing an additional 14,200 shares during the period. NIKE makes up 4.0% of McGinn Penninger Investment Management Inc.’s investment portfolio, making the stock its 8th largest holding. McGinn Penninger Investment Management Inc.’s holdings in NIKE were worth $6,797,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Twin Peaks Wealth Advisors LLC purchased a new stake in NIKE in the second quarter worth about $31,000. Guerra Advisors Inc bought a new stake in NIKE during the 3rd quarter valued at approximately $34,000. Gordian Capital Singapore Pte Ltd purchased a new position in shares of NIKE during the 3rd quarter worth approximately $35,000. Accredited Wealth Management LLC grew its holdings in shares of NIKE by 268.6% during the 3rd quarter. Accredited Wealth Management LLC now owns 516 shares of the footwear maker’s stock worth $36,000 after acquiring an additional 376 shares during the period. Finally, Abich Financial Wealth Management LLC bought a new position in shares of NIKE in the 3rd quarter worth approximately $43,000. Hedge funds and other institutional investors own 64.25% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on NKE shares. Guggenheim restated a “buy” rating on shares of NIKE in a research note on Wednesday, December 31st. Weiss Ratings upgraded NIKE from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, January 12th. Argus lowered their price objective on NIKE from $85.00 to $70.00 in a research report on Tuesday, December 23rd. Sanford C. Bernstein restated a “buy” rating on shares of NIKE in a report on Thursday, March 5th. Finally, Citigroup reaffirmed a “neutral” rating and issued a $65.00 target price (down from $70.00) on shares of NIKE in a research report on Friday, December 19th. Twenty-three investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $74.90.

NIKE Stock Down 0.2%

NKE stock opened at $54.00 on Friday. NIKE, Inc. has a twelve month low of $52.28 and a twelve month high of $80.17. The company has a quick ratio of 1.40, a current ratio of 2.06 and a debt-to-equity ratio of 0.50. The firm has a market cap of $79.93 billion, a PE ratio of 31.76, a price-to-earnings-growth ratio of 2.77 and a beta of 1.27. The business has a 50 day moving average of $62.53 and a 200 day moving average of $65.70.

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

NIKE Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Monday, March 2nd will be given a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Monday, March 2nd. NIKE’s payout ratio is currently 96.47%.

Trending Headlines about NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Barclays upgraded NKE to an Overweight, citing a clear North America recovery, stronger wholesale bookings, and a refreshed product pipeline that could drive margin recovery and re‑rating. This upgrade is the main bullish catalyst today. Barclays upgrades NIKE (NKE)
• Positive Sentiment: Multiple outlets (MarketBeat, TheStreet) amplified the Barclays call, highlighting improving North America sales, inventory cleanup and product momentum — factors that could support upside if execution continues. Just Buy It? Barclays Thinks Nike Is Ready to Run
• Neutral Sentiment: Nike promoted Cimarron Nix to chief sustainability officer, adding supply‑chain and labor expertise to management — a governance/ESG move that may help long‑term brand and operational resilience but is unlikely to move near‑term earnings. Can Nike’s New Sustainability Chief Reframe NKE’s Long-Term Competitive Edge Story?
• Negative Sentiment: Short‑term selling: recent coverage notes a bigger single‑day decline and extended multi‑month underperformance — investor skepticism persists despite the upgrade. That ongoing weakness is pressuring the stock. Nike (NKE) Registers a Bigger Fall Than the Market
• Negative Sentiment: Options market shows moderately bearish positioning and higher implied volatility, with elevated demand for downside protection — a signal that traders expect continued near‑term swings. Option traders moderately bearish in Nike
• Negative Sentiment: Bearish analyst/editorial pieces cite ongoing risks (China weakness, Converse reset, valuation concerns) and list reasons to sell — these narratives can keep downward pressure until clearer signs of global stabilization appear. 3 Reasons to Sell NKE

Insider Transactions at NIKE

In other news, CEO Elliott Hill acquired 16,388 shares of NIKE stock in a transaction on Monday, December 29th. The stock was acquired at an average cost of $61.10 per share, for a total transaction of $1,001,306.80. Following the purchase, the chief executive officer owned 241,587 shares in the company, valued at $14,760,965.70. This trade represents a 7.28% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Robert Holmes Swan bought 8,691 shares of the firm’s stock in a transaction on Monday, December 22nd. The stock was purchased at an average cost of $57.54 per share, with a total value of $500,080.14. Following the completion of the acquisition, the director directly owned 43,293 shares of the company’s stock, valued at approximately $2,491,079.22. The trade was a 25.12% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders purchased a total of 75,079 shares of company stock valued at $4,449,887 in the last quarter. 0.80% of the stock is owned by insiders.

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).