Pacer Advisors Inc. Sells 33,772 Shares of NIKE, Inc. $NKE

Pacer Advisors Inc. reduced its holdings in NIKE, Inc. (NYSE:NKE) by 35.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 60,787 shares of the footwear maker’s stock after selling 33,772 shares during the period. Pacer Advisors Inc.’s holdings in NIKE were worth $3,211,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Westerkirk Capital Inc. increased its stake in shares of NIKE by 52.4% in the 4th quarter. Westerkirk Capital Inc. now owns 131,220 shares of the footwear maker’s stock valued at $8,360,000 after acquiring an additional 45,100 shares during the last quarter. OMERS ADMINISTRATION Corp boosted its stake in NIKE by 77.9% during the 4th quarter. OMERS ADMINISTRATION Corp now owns 2,526,179 shares of the footwear maker’s stock worth $160,943,000 after acquiring an additional 1,106,499 shares during the last quarter. PFA Pension Forsikringsaktieselskab acquired a new position in NIKE during the fourth quarter valued at approximately $43,188,000. Nicholas Company Inc. grew its holdings in NIKE by 33.3% during the fourth quarter. Nicholas Company Inc. now owns 123,652 shares of the footwear maker’s stock valued at $7,878,000 after purchasing an additional 30,890 shares during the period. Finally, Stoneridge Investment Partners LLC grew its holdings in NIKE by 1,253.6% during the fourth quarter. Stoneridge Investment Partners LLC now owns 78,846 shares of the footwear maker’s stock valued at $5,023,000 after purchasing an additional 73,021 shares during the period. 64.25% of the stock is owned by institutional investors.

NIKE Stock Performance

Shares of NIKE stock opened at $41.91 on Friday. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.96 and a quick ratio of 1.36. The firm has a market cap of $62.18 billion, a price-to-earnings ratio of 20.05, a price-to-earnings-growth ratio of 1.88 and a beta of 1.11. The stock’s 50-day moving average is $43.28 and its 200-day moving average is $49.61. NIKE, Inc. has a one year low of $40.00 and a one year high of $80.17.

NIKE (NYSE:NKE) last posted its quarterly earnings data on Tuesday, June 30th. The footwear maker reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.09. NIKE had a return on equity of 16.54% and a net margin of 6.70%.The business had revenue of $10.97 billion during the quarter, compared to the consensus estimate of $10.85 billion. During the same period last year, the company earned $0.14 earnings per share. NIKE’s quarterly revenue was down 1.1% on a year-over-year basis. Equities analysts predict that NIKE, Inc. will post 1.74 earnings per share for the current fiscal year.

Key NIKE News

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: NIKE declared a quarterly dividend of $0.41 per share, payable October 1 to shareholders of record September 1. The payout supports the stock’s income appeal and signals continued confidence in the company’s cash-generation capacity. NIKE Declares Quarterly Dividend
• Positive Sentiment: NIKE is emphasizing performance products, innovation, athlete engagement and sport-focused execution as long-term growth drivers. The strategy could improve product momentum and brand relevance if it translates into stronger demand. NIKE Bets on Performance Products
• Neutral Sentiment: The stock recently posted a 2.22% one-day gain despite a weaker broader market, but that move has not changed the larger picture: shares have fallen sharply in 2026 and are trading close to their 52-week low. NIKE Recent Trading Performance
• Negative Sentiment: JPMorgan cut NIKE to Sell and separately reiterated an Underweight rating, arguing that the turnaround may take longer than expected. The downgrade increases pressure on the shares and highlights concerns about near-term earnings and revenue recovery. JPMorgan Cuts NIKE to Sell
• Negative Sentiment: Investors are reassessing NIKE’s China reset and planned U.S. store closures, which could weigh on revenue, earnings and operating costs before benefits from restructuring emerge. Analysts also contend the stock still appears expensive relative to fair value despite its substantial decline. NIKE China Reset and Store Closures
• Negative Sentiment: NIKE’s underperformance versus the S&P 500 is described as the widest in roughly 25 years, reflecting persistent strategic missteps, limited product innovation and China-related challenges. This reinforces the view that a meaningful recovery will require sustained execution. NIKE Long-Term Underperformance

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. Royal Bank Of Canada reiterated a “neutral” rating on shares of NIKE in a report on Wednesday, July 1st. Barclays decreased their price target on shares of NIKE from $67.00 to $52.00 and set an “overweight” rating for the company in a report on Wednesday, July 1st. Sanford C. Bernstein restated an “outperform” rating and issued a $68.00 price objective (down from $72.00) on shares of NIKE in a research report on Wednesday, July 29th. Needham & Company LLC reaffirmed a “hold” rating on shares of NIKE in a research note on Thursday, June 4th. Finally, CICC Research reduced their target price on NIKE from $58.00 to $44.80 and set a “neutral” rating on the stock in a report on Thursday, July 2nd. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, eighteen have assigned a Hold rating and five have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $53.53.

Insider Activity

In other news, EVP Philip Mccartney sold 17,398 shares of the business’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $46.18, for a total value of $803,439.64. Following the sale, the executive vice president owned 53,133 shares of the company’s stock, valued at $2,453,681.94. The trade was a 24.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 1.10% of the stock is owned by company 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).