16,102 Shares of NIKE, Inc. $NKE Bought by NBT Bank N.A.

NBT Bank N.A. bought a new position in shares of NIKE, Inc. (NYSE:NKE) in the third quarter, according to the company in its most recent filing with the SEC. The firm bought 16,102 shares of the footwear maker’s stock, valued at approximately $570,000.

Several other institutional investors have also recently added to or reduced their stakes in NKE. OneDigital Investment Advisors LLC boosted its holdings in shares of NIKE by 32.8% in the 2nd quarter. OneDigital Investment Advisors LLC now owns 244,296 shares of the footwear maker’s stock worth $10,028,000 after acquiring an additional 60,375 shares in the last quarter. Douglas Lane & Associates LLC grew its position in NIKE by 57.7% during the 3rd quarter. Douglas Lane & Associates LLC now owns 1,521,611 shares of the footwear maker’s stock worth $53,865,000 after acquiring an additional 556,798 shares during the last quarter. B.A. Schrock Wealth Management Inc. bought a new stake in NIKE during the 3rd quarter worth approximately $1,153,000. Quantitative Investment Management LLC acquired a new stake in NIKE during the 2nd quarter valued at $2,459,000. Finally, Deutsche Bank AG increased its holdings in NIKE by 8.0% during the 2nd quarter. Deutsche Bank AG now owns 3,566,634 shares of the footwear maker’s stock valued at $146,410,000 after purchasing an additional 264,576 shares in the last quarter. 64.25% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on NKE shares. Weiss Ratings downgraded NIKE from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, October 6th. Sanford C. Bernstein reissued an “outperform” rating and issued a $45.00 price objective on shares of NIKE in a research note on Friday, October 2nd. CICC Research decreased 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. JPMorgan Chase & Co. decreased their target price on NIKE from $40.00 to $33.00 and set an “underweight” rating on the stock in a report on Friday, October 2nd. Finally, Wall Street Zen lowered NIKE from a “hold” rating to a “sell” rating in a research note on Saturday, October 3rd. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, twenty-one have issued a Hold rating and eleven have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $40.93.

Insider Buying and Selling at NIKE

In other news, COO Venkatesh Alagirisamy sold 3,671 shares of the firm’s stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of $37.59, for a total value of $137,992.89. Following the transaction, the chief operating officer directly owned 104,862 shares in the company, valued at $3,941,762.58. This trade represents a 3.38% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Matthew Friend sold 2,463 shares of the business’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $41.60, for a total value of $102,460.80. Following the transaction, the chief financial officer owned 82,165 shares of the company’s stock, valued at $3,418,064. The trade was a 2.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 14,974 shares of company stock worth $600,126 over the last quarter. Company insiders own 1.10% of the company’s stock.

NIKE Price Performance

Shares of NKE stock opened at $37.31 on Friday. NIKE, Inc. has a 1 year low of $31.97 and a 1 year high of $70.44. The company has a current ratio of 2.07, a quick ratio of 1.39 and a debt-to-equity ratio of 0.39. The firm’s 50 day moving average is $37.12 and its 200-day moving average is $41.28. The firm has a market capitalization of $55.42 billion, a price-to-earnings ratio of 17.94, a PEG ratio of 4.49 and a beta of 1.09.

NIKE (NYSE:NKE) last issued its quarterly earnings results on Thursday, October 1st. The footwear maker reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.43 by $0.05. NIKE had a net margin of 6.74% and a return on equity of 15.94%. The business had revenue of $11.21 billion during the quarter, compared to analyst estimates of $11.32 billion. During the same quarter last year, the business posted $0.49 earnings per share. NIKE’s revenue for the quarter was down 4.3% compared to the same quarter last year. NIKE has set its FY 2027 guidance at 1.150-1.350 EPS. Sell-side analysts forecast that NIKE, Inc. will post 1.22 EPS for the current fiscal year.

NIKE Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Tuesday, September 1st were issued a $0.41 dividend. The ex-dividend date was Tuesday, September 1st. This represents a $1.64 annualized dividend and a yield of 4.4%. NIKE’s dividend payout ratio (DPR) is currently 78.85%.

NIKE News Summary

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Guggenheim and BTIG Research reaffirmed Buy ratings and $50 price targets, implying substantial upside from current levels. Barclays also raised its target to $45 and said the shares may be near a bottom. Guggenheim rating Barclays raises Nike price target
• Positive Sentiment: Investors continue to look for evidence that Nike’s brand reset is gaining traction. Recent quarterly earnings exceeded EPS expectations, while rebuilding wholesale relationships and managing inventory could support a longer-term recovery. Nike turnaround article
• Positive Sentiment: Nike plans to bring back a popular retro lifestyle shoe next year, a move that could provide incremental support for consumer interest and its lifestyle business. Nike retro shoe return
• Neutral Sentiment: Nike will hold an Investor Day on November 16–17, with key presentations webcast on November 17. Investors may look for updated targets and details on the turnaround strategy. Nike 2026 Investor Day webcast
• Negative Sentiment: Wolfe Research initiated coverage with an Underperform rating and a $28 price target, citing roughly 25% potential downside. The sharply lower target adds to investor concerns about the pace of earnings recovery.
• Negative Sentiment: A sector-wide retail selloff pushed athletic-apparel stocks lower, with Nike declining alongside Lululemon and Under Armour. This indicates broader concerns about discretionary consumer demand, not solely company-specific weakness. Athletic apparel stock selloff
• Negative Sentiment: Analysts remain concerned about slowing digital sales, weaker direct-to-consumer performance in Greater China, ongoing sales declines and continued competitive pressure in China. UBS maintained a Neutral rating, underscoring uncertainty over the recovery timeline. Nike digital sales slowdown

NIKE Profile

NIKE, Inc is a global athletic footwear, apparel, equipment and accessories company headquartered near Beaverton, Oregon. The company designs, develops, markets and sells products under the Nike, Jordan and Converse brands, serving athletes and consumers across a broad range of sports and lifestyle categories.

NIKE’s product portfolio includes athletic and casual footwear, performance and lifestyle apparel, sports equipment, accessories and digital fitness-related offerings. The company distributes its products through company-owned retail stores, digital platforms and wholesale partners, while also operating direct-to-consumer and membership programs.

The company traces its origins to 1964, when Phil Knight and Bill Bowerman founded Blue Ribbon Sports.