Ferguson Wellman Capital Management Inc. Sells 180,751 Shares of NIKE, Inc. $NKE

Ferguson Wellman Capital Management Inc. reduced its holdings in shares of NIKE, Inc. (NYSE:NKE) by 28.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 450,813 shares of the footwear maker’s stock after selling 180,751 shares during the period. Ferguson Wellman Capital Management Inc.’s holdings in NIKE were worth $28,721,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Main Street Financial Solutions LLC increased its stake in shares of NIKE by 4.2% during the second quarter. Main Street Financial Solutions LLC now owns 3,441 shares of the footwear maker’s stock valued at $244,000 after purchasing an additional 139 shares in the last quarter. St. Clair Advisors LLC lifted its holdings in shares of NIKE by 0.9% during the third quarter. St. Clair Advisors LLC now owns 15,217 shares of the footwear maker’s stock valued at $1,061,000 after purchasing an additional 140 shares during the last quarter. Spirepoint Private Client LLC boosted its position in shares of NIKE by 0.4% in the 3rd quarter. Spirepoint Private Client LLC now owns 36,140 shares of the footwear maker’s stock worth $2,520,000 after purchasing an additional 153 shares in the last quarter. CVA Family Office LLC boosted its position in shares of NIKE by 8.0% in the 3rd quarter. CVA Family Office LLC now owns 2,113 shares of the footwear maker’s stock worth $147,000 after purchasing an additional 156 shares in the last quarter. Finally, Naples Global Advisors LLC grew its stake in shares of NIKE by 1.9% in the 3rd quarter. Naples Global Advisors LLC now owns 8,514 shares of the footwear maker’s stock worth $597,000 after buying an additional 159 shares during the last quarter. Institutional investors own 64.25% of the company’s stock.

NIKE Price Performance

Shares of NYSE NKE opened at $52.95 on Thursday. The firm has a market cap of $78.39 billion, a P/E ratio of 31.15, a PEG ratio of 2.81 and a beta of 1.27. NIKE, Inc. has a twelve month low of $52.17 and a twelve month high of $80.17. The company has a quick ratio of 1.40, a current ratio of 2.06 and a debt-to-equity ratio of 0.50. The company has a 50 day moving average of $60.67 and a 200 day moving average of $64.35.

NIKE Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Monday, March 2nd will be paid a $0.41 dividend. The ex-dividend date is Monday, March 2nd. This represents a $1.64 annualized dividend and a dividend yield of 3.1%. NIKE’s payout ratio is currently 96.47%.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Guggenheim reaffirmed a “buy” rating on shares of NIKE in a research report on Wednesday, December 31st. Wells Fargo & Company set a $65.00 target price on NIKE and gave the stock an “overweight” rating in a report on Friday, December 19th. Bank of America cut their target price on NIKE from $84.00 to $73.00 and set a “buy” rating on the stock in a research note on Friday, December 19th. Truist Financial set a $69.00 price target on NIKE in a report on Wednesday, January 14th. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of NIKE in a research report on Thursday, March 12th. Twenty-two equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, NIKE presently has a consensus rating of “Moderate Buy” and a consensus price target of $73.20.

More NIKE News

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Bank of America reiterated a Buy on NKE, highlighting “continued progress” in North America and saying improvement there increases confidence in a broader turnaround; BofA also noted potential tailwinds from World Cup product cycles. Article Title
• Neutral Sentiment: Investors are focused on Nike’s March 31 Q3 earnings release; some commentaries frame the pullback (multi‑year decline) as a buying opportunity if results show North America momentum. Article Title
• Neutral Sentiment: Market coverage notes a recent intraday bounce (prior session close higher), but volume remains below average and price sits near 52‑week lows — suggesting traders are waiting for earnings clarity. Article Title
• Neutral Sentiment: Sector news: competitor On Holding updated leadership amid slowing growth — a reminder of competitive pressures in athletic footwear. Article Title
• Negative Sentiment: Telsey Advisory Group cut its price target from $72 to $65 and moved to Market Perform, signaling tempered upside expectations from analysts. Article Title
• Negative Sentiment: Previews from analysts (Benzinga) expect Q3 total sales declines and an approximate 200 bps contraction in gross margin, driven by persistent weakness in China — a key near‑term risk for results and sentiment. Article Title
• Negative Sentiment: Deutsche Bank issued a pessimistic forecast for NKE, adding downside pressure to sentiment ahead of earnings. Article Title
• Negative Sentiment: Technical/market commentary warns NKE is near a make‑or‑break support level and could test lower prices if earnings disappoint, increasing downside risk for traders. Article Title

Insider Buying and Selling at NIKE

In other NIKE news, CEO Elliott Hill purchased 16,388 shares of the stock in a transaction dated Monday, December 29th. The shares were purchased at an average cost of $61.10 per share, with a total value of $1,001,306.80. Following the completion of the acquisition, the chief executive officer directly owned 241,587 shares in the company, valued at $14,760,965.70. This trade represents a 7.28% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.80% of the stock is owned by corporate insiders.

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).