KLCM Advisors Inc. Cuts Stock Position in NIKE, Inc. $NKE

KLCM Advisors Inc. decreased its stake in shares of NIKE, Inc. (NYSE:NKE) by 8.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 148,314 shares of the footwear maker’s stock after selling 14,310 shares during the quarter. NIKE comprises about 1.0% of KLCM Advisors Inc.’s investment portfolio, making the stock its 28th biggest holding. KLCM Advisors Inc.’s holdings in NIKE were worth $10,342,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of NKE. Brighton Jones LLC raised its holdings in NIKE by 388.5% in the 4th quarter. Brighton Jones LLC now owns 202,411 shares of the footwear maker’s stock worth $15,316,000 after acquiring an additional 160,980 shares during the last quarter. Caxton Associates LLP bought a new stake in shares of NIKE in the 1st quarter worth $311,000. United Bank increased its holdings in shares of NIKE by 11.3% in the 2nd quarter. United Bank now owns 17,067 shares of the footwear maker’s stock worth $1,212,000 after purchasing an additional 1,736 shares in the last quarter. Fox Run Management L.L.C. purchased a new position in shares of NIKE in the second quarter worth $276,000. Finally, Prospera Financial Services Inc lifted its holdings in shares of NIKE by 12.2% during the second quarter. Prospera Financial Services Inc now owns 29,585 shares of the footwear maker’s stock valued at $2,102,000 after purchasing an additional 3,207 shares in the last quarter. 64.25% of the stock is currently owned by institutional investors.

More NIKE News

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Barclays upgraded NKE to Overweight and raised its price target to $73, arguing Nike has likely reached a “fundamental bottom” driven by a North America channel reset, improving wholesale orders and early product momentum. Nike lands an ‘unconventional upgrade’ from Wall Street. Why we’re still believers too
• Positive Sentiment: MarketBeat and other coverage highlight operational progress: strong North America wholesale growth, cleaner inventory, and renewed product sell-through — factors Barclays and other bulls cite as the foundation for a rebound. Just Buy It? Barclays Thinks Nike Is Ready to Run
• Neutral Sentiment: Several valuation pieces and screeners point out the stock’s steep pullback (YTD and multi-year losses), prompting debate whether current prices already embed the risks or present a buying opportunity. Has Nike (NKE) Fallen Enough After Multi Year Share Price Slump To Look Interesting
• Neutral Sentiment: Other firms (e.g., RBC) continue to view Nike as a recovery candidate — reiterating positive ratings and higher targets — so analyst views remain mixed but tilted toward a potential rebound. RBC Capital Markets Sees Path to Growth for Nike (NKE), Reiterates Outperform Rating
• Negative Sentiment: Bearish commentary and “sell” lists emphasize persistent risks: weak Greater China results, ongoing pressure at Converse, margin impacts from tariffs and the need for multi-quarter fixes — arguments that have driven the recent prolonged share decline. 3 Reasons to Sell NKE and 1 Stock to Buy Instead
• Negative Sentiment: Short-term price action has been volatile (multi-day losing streaks and heavy YTD/1-yr losses), reflecting that market confidence will need sustained evidence of margin recovery and stabilization in China to reverse the longer downtrend. Is Nike Stock Now A Value Play?

Insider Activity at NIKE

In other news, Director Timothy D. Cook acquired 50,000 shares of the business’s stock in a transaction dated 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 completion of the transaction, the director directly owned 105,480 shares in the company, valued at approximately $6,220,155.60. This trade represents a 90.12% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robert Holmes Swan bought 8,691 shares of NIKE stock in a transaction dated Monday, December 22nd. The stock was purchased at an average cost of $57.54 per share, for a total transaction of $500,080.14. Following the completion of the acquisition, the director directly owned 43,293 shares of the company’s stock, valued at approximately $2,491,079.22. The trade was a 25.12% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders purchased 75,079 shares of company stock valued at $4,449,887. Corporate insiders own 0.80% of the company’s stock.

NIKE Trading Down 0.7%

Shares of NIKE stock opened at $55.70 on Thursday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.40 and a current ratio of 2.06. NIKE, Inc. has a fifty-two week low of $52.28 and a fifty-two week high of $80.17. The company has a fifty day moving average of $62.91 and a 200 day moving average of $65.96. The company has a market capitalization of $82.45 billion, a P/E ratio of 32.76, a P/E/G ratio of 2.87 and a beta of 1.27.

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

NIKE Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Monday, March 2nd will be given a dividend of $0.41 per share. The ex-dividend date is Monday, March 2nd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.9%. NIKE’s dividend payout ratio is currently 96.47%.

Wall Street Analyst Weigh In

NKE has been the subject of several research analyst reports. KeyCorp reduced their price objective on NIKE from $90.00 to $75.00 and set an “overweight” rating for the company in a report on Thursday, January 22nd. Stifel Nicolaus set a $65.00 price target on shares of NIKE and gave the stock a “hold” rating in a research note on Friday, December 19th. JPMorgan Chase & Co. lowered their price objective on shares of NIKE from $100.00 to $86.00 and set a “buy” rating on the stock in a research report on Monday, November 17th. Weiss Ratings raised shares of NIKE from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, January 12th. Finally, DZ Bank reiterated a “buy” rating on shares of NIKE in a research note on Friday, December 19th. Twenty-three investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $74.90.

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).