Mizuho Markets Cayman LP bought a new stake in shares of NIKE, Inc. (NYSE:NKE – Free Report) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 490,470 shares of the footwear maker’s stock, valued at approximately $34,200,000. NIKE comprises approximately 1.7% of Mizuho Markets Cayman LP’s investment portfolio, making the stock its 12th biggest holding.
Several other hedge funds and other institutional investors also recently bought and sold shares of NKE. Norges Bank acquired a new position in shares of NIKE during the second quarter valued at about $835,063,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its stake in NIKE by 3,129.9% during the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 9,091,426 shares of the footwear maker’s stock valued at $645,855,000 after acquiring an additional 8,809,950 shares during the period. Harris Associates L P bought a new position in NIKE during the second quarter valued at about $621,525,000. Invesco Ltd. raised its holdings in NIKE by 66.1% in the 2nd quarter. Invesco Ltd. now owns 12,157,198 shares of the footwear maker’s stock valued at $863,647,000 after acquiring an additional 4,840,114 shares in the last quarter. Finally, Jennison Associates LLC lifted its position in shares of NIKE by 42.3% in the 3rd quarter. Jennison Associates LLC now owns 11,838,528 shares of the footwear maker’s stock worth $825,501,000 after acquiring an additional 3,518,666 shares during the period. 64.25% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling
In other NIKE news, Director Timothy D. Cook acquired 50,000 shares of NIKE stock in a transaction on Monday, December 22nd. The shares were bought at an average price of $58.97 per share, with a total value of $2,948,500.00. Following the completion of the purchase, the director owned 105,480 shares in the company, valued at $6,220,155.60. This trade represents a 90.12% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Elliott Hill bought 16,388 shares of the firm’s stock in a transaction dated Monday, December 29th. The shares were acquired at an average price of $61.10 per share, for a total transaction of $1,001,306.80. Following the acquisition, the chief executive officer directly owned 241,587 shares of the company’s stock, valued at approximately $14,760,965.70. The trade was a 7.28% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired a total of 75,079 shares of company stock worth $4,449,887 in the last three months. Insiders own 0.80% of the company’s stock.
Key Headlines Impacting NIKE
- Positive Sentiment: Major marketing partnership and campaign rollout with retail partner DICK’S Sporting Goods around March basketball showcase — broad athlete roster (Tatum, Ionescu, SGA, Diana Taurasi, etc.) could boost brand visibility and youth engagement heading into a key selling season. DICK’S Sporting Goods and NIKE, Inc. Enlist Dave “Lil Dicky” Burd and Diana Taurasi to Find the Next Generation of Hoopers with “The Scouts Are Out” Campaign
- Positive Sentiment: Buy-side support: Barclays issued a bullish call ahead of Nike’s upcoming earnings, which can lift sentiment and support near-term share strength into the print. Nike (NKE) Stock Receives Bullish Barclays Call Ahead of Crucial Earnings Date
- Positive Sentiment: Market action: recent sessions show Nike outperforming the broader market, reflecting short-term buying interest ahead of catalysts (earnings, seasonal demand). Nike (NKE) Beats Stock Market Upswing: What Investors Need to Know
- Neutral Sentiment: Analyst and valuation reassessment: some models trimmed fair value modestly (around $0.55 per share), signaling a cautious but not dramatic shift — watch China exposure, restructuring moves, and wholesale execution for direction. How The NIKE (NKE) Investment Story Is Shifting With Resets China Risks And Restructuring
- Neutral Sentiment: Upcoming earnings is a near-term catalyst investors are watching; several pieces ask whether to buy ahead of the March 31 print — this keeps volatility elevated but provides a clear event to reprice expectations. Should You Buy Nike Stock Before March 31?
- Negative Sentiment: Broader concerns: critical coverage highlights persistent headwinds — slowing sales, tougher competition, and a “reset” in Street expectations — which could pressure the stock if earnings or guidance disappoint. Wall Street just delivered a jaw-dropping reset on Nike stock
- Negative Sentiment: Comparative growth concerns: investors comparing dividend/return profiles (e.g., Starbucks) note Nike’s revenue growth has stalled and management expects near-term sales declines — a reminder that income-seeking investors may prefer alternatives until growth visibility improves. Starbucks vs. Nike: Which Dividend Stock Is a Better Buy?
NIKE Trading Up 0.6%
Shares of NIKE stock opened at $55.11 on Wednesday. NIKE, Inc. has a 12-month low of $52.28 and a 12-month high of $80.17. The stock has a market capitalization of $81.58 billion, a P/E ratio of 32.42, a price-to-earnings-growth ratio of 2.80 and a beta of 1.27. The company has a 50-day simple moving average of $62.13 and a 200 day simple moving average of $65.20. The company has a quick ratio of 1.40, a current ratio of 2.06 and a debt-to-equity ratio of 0.50.
NIKE (NYSE:NKE – Get Free Report) last released its quarterly earnings results on Thursday, December 18th. The footwear maker reported $0.53 EPS for the quarter, beating analysts’ consensus estimates of $0.37 by $0.16. The firm had revenue of $12.43 billion for the quarter, compared to analyst estimates of $12.19 billion. NIKE had a net margin of 5.43% and a return on equity of 18.43%. The company’s revenue for the quarter was up .6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.78 earnings per share. Research analysts expect that NIKE, Inc. will post 2.05 earnings per share for the current fiscal year.
NIKE Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Monday, March 2nd will be issued 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 presently 96.47%.
Wall Street Analyst Weigh In
A number of brokerages recently commented on NKE. UBS Group restated a “neutral” rating on shares of NIKE in a research note on Monday, January 5th. BTIG Research restated a “buy” rating and issued a $100.00 price objective on shares of NIKE in a research note on Tuesday, January 27th. Royal Bank Of Canada reiterated an “outperform” rating and set a $78.00 target price on shares of NIKE in a research report on Thursday, March 5th. Sanford C. Bernstein reissued a “buy” rating on shares of NIKE in a research report on Thursday, March 5th. Finally, Oppenheimer reaffirmed an “outperform” rating on shares of NIKE in a report on Wednesday, December 17th. Twenty-three equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $74.90.
View Our Latest Stock Analysis on NKE
NIKE 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).
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