Motley Fool Asset Management LLC Increases Holdings in NIKE, Inc. $NKE

Motley Fool Asset Management LLC increased its position in NIKE, Inc. (NYSE:NKE) by 32.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 156,860 shares of the footwear maker’s stock after acquiring an additional 38,167 shares during the quarter. Motley Fool Asset Management LLC’s holdings in NIKE were worth $9,994,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Westerkirk Capital Inc. increased its holdings in NIKE by 52.4% in the 4th quarter. Westerkirk Capital Inc. now owns 131,220 shares of the footwear maker’s stock worth $8,360,000 after acquiring an additional 45,100 shares during the last quarter. Mizuho Markets Cayman LP purchased a new stake in NIKE in the 3rd quarter worth about $34,200,000. PFA Pension Forsikringsaktieselskab purchased a new stake in NIKE in the 4th quarter worth about $43,188,000. Strive Asset Management LLC purchased a new stake in NIKE in the 3rd quarter worth about $1,743,000. Finally, Nicholas Company Inc. increased its holdings in NIKE by 33.3% in the 4th quarter. Nicholas Company Inc. now owns 123,652 shares of the footwear maker’s stock worth $7,878,000 after acquiring an additional 30,890 shares during the last quarter. Hedge funds and other institutional investors own 64.25% of the company’s stock.

Wall Street Analyst Weigh In

NKE has been the subject of several analyst reports. Berenberg Bank restated a “neutral” rating on shares of NIKE in a research note on Wednesday, May 6th. Zacks Research downgraded NIKE from a “hold” rating to a “strong sell” rating in a research note on Monday, June 1st. BTIG Research cut their target price on NIKE from $90.00 to $75.00 and set a “buy” rating for the company in a research note on Wednesday, April 1st. CICC Research downgraded NIKE from an “outperform” rating to a “market perform” rating and cut their target price for the stock from $69.00 to $58.00 in a research note on Monday, April 6th. Finally, DA Davidson downgraded NIKE from a “buy” rating to a “neutral” rating and cut their target price for the stock from $72.00 to $46.00 in a research note on Thursday, April 2nd. Fifteen investment analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $61.19.

NIKE Stock Up 3.2%

Shares of NYSE NKE opened at $44.61 on Wednesday. NIKE, Inc. has a 52 week low of $41.35 and a 52 week high of $80.17. The business has a 50-day simple moving average of $44.54 and a two-hundred day simple moving average of $55.76. The company has a quick ratio of 1.45, a current ratio of 2.14 and a debt-to-equity ratio of 0.50. The company has a market cap of $66.06 billion, a P/E ratio of 29.54, a P/E/G ratio of 1.87 and a beta of 1.12.

NIKE (NYSE:NKE) last issued its quarterly earnings results on Tuesday, March 31st. The footwear maker reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.06. The firm had revenue of $11.28 billion during the quarter, compared to the consensus estimate of $11.23 billion. NIKE had a return on equity of 16.41% and a net margin of 4.84%.The company’s revenue for the quarter was up .1% on a year-over-year basis. During the same quarter last year, the company posted $0.54 EPS. Research analysts anticipate that NIKE, Inc. will post 1.49 earnings per share for the current fiscal year.

NIKE Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 1st will be given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date is Monday, June 1st. NIKE’s dividend payout ratio (DPR) is 108.61%.

Key Headlines Impacting NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Recent articles highlight a recovery setup for NIKE, with the stock showing better short-term performance and some investors viewing the current valuation as attractive after a steep decline from prior highs. A Look At Nike (NKE) Valuation As Recent Share Performance Remains Mixed
• Positive Sentiment: Coverage around NIKE’s footwear business points to early signs of stabilization, with running and football products gaining traction and innovation-led offerings improving the sales mix. Is NIKE’s Footwear Business Showing Signs of Stabilization?
• Positive Sentiment: NIKE’s World Cup football strategy is drawing Wall Street interest because it could strengthen the core brand story, support product demand, and help the turnaround narrative ahead of a major global sporting event. Can Nike’s World Cup Football Bet Recenter Its Core Brand Story for Investors (NKE)?
• Neutral Sentiment: Several pieces frame NIKE as a stock that looks cheap versus its former peak, but emphasize that the dividend alone is not the main investment case; the real debate is whether earnings and growth can recover meaningfully. Is It Worth Buying Nike Stock for Its Dividend?
• Negative Sentiment: Longer-term performance remains weak, and some investors are still exiting the name because recovery risks, tariff pressure, softer demand in Greater China, and competitive threats continue to cloud the turnaround. Bell Global Equities Fund Sold Nike (NKE) Amid Recovery Challenges and Inflation Pressure
• Negative Sentiment: Even bullish commentary notes that Wall Street remains cautious about whether NIKE’s reset will translate into a sustained improvement in fundamentals and investor confidence. Nike’s football push gains Wall Street optimism ahead of World Cup, but turnaround concerns remain

Insiders Place Their Bets

In other NIKE news, Director Timothy D. Cook purchased 25,000 shares of the company’s stock in a transaction dated Friday, April 10th. The stock was purchased at an average price of $42.43 per share, for a total transaction of $1,060,750.00. Following the transaction, the director owned 130,480 shares in the company, valued at $5,536,266.40. The trade was a 23.70% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Robert Holmes Swan purchased 11,781 shares of the company’s stock in a transaction dated Tuesday, April 7th. The shares were acquired at an average price of $42.44 per share, with a total value of $499,985.64. Following the transaction, the director owned 55,074 shares in the company, valued at approximately $2,337,340.56. The trade was a 27.21% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders have bought 64,441 shares of company stock worth $2,734,204. 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).