NIKE, Inc. $NKE Position Reduced by Korea Investment CORP

Korea Investment CORP reduced its stake in shares of NIKE, Inc. (NYSE:NKE) by 6.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,000,502 shares of the footwear maker’s stock after selling 66,085 shares during the period. Korea Investment CORP owned about 0.07% of NIKE worth $69,765,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Angeles Wealth Management LLC raised its stake in shares of NIKE by 1.7% in the 3rd quarter. Angeles Wealth Management LLC now owns 13,021 shares of the footwear maker’s stock valued at $908,000 after purchasing an additional 218 shares in the last quarter. Modern Wealth Management LLC grew its stake in NIKE by 0.7% in the third quarter. Modern Wealth Management LLC now owns 28,422 shares of the footwear maker’s stock worth $1,982,000 after purchasing an additional 185 shares in the last quarter. Neo Ivy Capital Management grew its stake in NIKE by 50.0% in the third quarter. Neo Ivy Capital Management now owns 20,340 shares of the footwear maker’s stock worth $1,418,000 after purchasing an additional 6,784 shares in the last quarter. Neuberger Berman Group LLC increased its holdings in NIKE by 25.5% in the third quarter. Neuberger Berman Group LLC now owns 3,049,211 shares of the footwear maker’s stock valued at $212,609,000 after buying an additional 620,226 shares during the last quarter. Finally, Ironsides Asset Advisors LLC increased its holdings in NIKE by 29.5% in the third quarter. Ironsides Asset Advisors LLC now owns 4,372 shares of the footwear maker’s stock valued at $305,000 after buying an additional 995 shares during the last quarter. Institutional investors own 64.25% of the company’s stock.

Trending Headlines about NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: RBC/other analysts still see recovery potential, particularly from China, and some firms reaffirm bullish long‑term views (RBC’s thesis supports upside to the stock). Nike Faces China Recovery as Key Growth Driver, RBC Says
• Positive Sentiment: Bullish writeups (Rebound Capital summaries syndicated to retail sites) argue NKE’s multiple and brand strength make it a buy for investors positioning for a turnaround. Is NIKE, Inc. (NKE) Stock A Good Buy Right Now?
• Neutral Sentiment: Stifel Nicolaus and other houses are taking cautious stances (e.g., hold ratings remain), reflecting mixed near‑term visibility even as some firms set higher price targets. Stifel Nicolaus Sticks to Its Hold Rating for Nike (NKE)
• Neutral Sentiment: Analyst roundups offer mixed takes on consumer cyclicals (Nike included); these compilations add little immediate catalyst but reflect diverging views on timing of the recovery. Analysts Offer Insights on Consumer Cyclical Companies
• Neutral Sentiment: Reports suggest Nike may consider strategic moves around the Converse business — this is speculative and could be either positive (streamlining/non‑core sale) or negative (execution risk/one‑time costs). ‘Nike Could Exit Converse,’ Says BNP Paribas
• Negative Sentiment: NIKE announced ~ $300M in pre‑tax restructuring/severance charges tied to organizational changes and recent layoffs; management signals ongoing cost realignment that will pressure near‑term results and prompted the stock pullback. Nike to Record $300 Million Charge From Cost‑Cutting Efforts (WSJ)
• Negative Sentiment: Multiple outlets highlight the same $300M severance hit and note CEO Elliott Hill’s restructuring could include additional cuts — increasing short‑term execution and margin risk. Nike Restructuring And Severance Charge Test Turnaround Under New CEO

NIKE Stock Performance

NKE opened at $57.01 on Monday. 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 business’s 50 day moving average is $63.26 and its 200-day moving average is $66.32. The stock has a market cap of $84.40 billion, a PE ratio of 33.54, a price-to-earnings-growth ratio of 2.92 and a beta of 1.27. NIKE, Inc. has a twelve month low of $52.28 and a twelve month high of $80.19.

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

NIKE Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Monday, March 2nd will be issued a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Monday, March 2nd. NIKE’s dividend payout ratio (DPR) is 96.47%.

Analysts Set New Price Targets

NKE has been the topic of a number of research analyst reports. BTIG Research reaffirmed a “buy” rating and set a $100.00 target price on shares of NIKE in a report on Tuesday, January 27th. Oppenheimer reiterated an “outperform” rating on shares of NIKE in a report on Wednesday, December 17th. Sanford C. Bernstein reissued a “buy” rating on shares of NIKE in a research report on Thursday. Guggenheim restated a “buy” rating on shares of NIKE in a research note on Wednesday, December 31st. Finally, Daiwa Securities Group decreased their price objective on shares of NIKE from $75.00 to $61.00 in a report on Tuesday, December 23rd. Twenty-two research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $74.61.

Insider Activity at NIKE

In related news, Director Timothy D. Cook bought 50,000 shares of the firm’s stock in a transaction that occurred on Monday, December 22nd. The stock was purchased at an average price of $58.97 per share, for a total transaction of $2,948,500.00. Following the transaction, the director directly owned 105,480 shares of the company’s stock, valued at approximately $6,220,155.60. This represents a 90.12% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Elliott Hill bought 16,388 shares of the stock in a transaction 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 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 position. The SEC filing for this purchase provides additional information. Insiders have purchased a total of 75,079 shares of company stock worth $4,449,887 over the last ninety days. 0.80% of the stock is currently owned by corporate insiders.

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).