NIKE, Inc. $NKE Stock: Investment House LLC Decreases Stake

Investment House LLC decreased its stake in shares of NIKE, Inc. (NYSE:NKE) by 73.5% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 10,226 shares of the footwear maker’s stock after selling 28,405 shares during the period. Investment House LLC’s holdings in NIKE were worth $362,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. State Street Corp lifted its holdings in NIKE by 6.8% in the 2nd quarter. State Street Corp now owns 63,598,789 shares of the footwear maker’s stock worth $2,636,104,000 after purchasing an additional 4,052,428 shares during the last quarter. Flossbach Von Storch SE bought a new stake in NIKE during the second quarter worth approximately $488,714,000. Amundi grew its holdings in NIKE by 59.4% during the second quarter. Amundi now owns 6,460,398 shares of the footwear maker’s stock valued at $265,199,000 after purchasing an additional 2,406,609 shares during the last quarter. Van ECK Associates Corp grew its holdings in NIKE by 4.8% during the second quarter. Van ECK Associates Corp now owns 6,257,863 shares of the footwear maker’s stock valued at $256,885,000 after purchasing an additional 286,395 shares during the last quarter. Finally, Swiss National Bank grew its holdings in NIKE by 7.3% during the first quarter. Swiss National Bank now owns 3,496,700 shares of the footwear maker’s stock valued at $184,696,000 after purchasing an additional 237,600 shares during the last quarter. 64.25% of the stock is owned by institutional investors.

Insider Transactions at NIKE

In other news, EVP Philip McCartney sold 2,559 shares of the business’s stock in a transaction that occurred on Wednesday, September 9th. The stock was sold at an average price of $37.59, for a total transaction of $96,192.81. Following the sale, the executive vice president directly owned 78,121 shares in the company, valued at approximately $2,936,568.39. The trade was a 3.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Venkatesh Alagirisamy sold 3,671 shares of the company’s stock in a transaction on Wednesday, September 9th. The shares were sold at an average price of $37.59, for a total value of $137,992.89. Following the completion of the transaction, the chief operating officer owned 104,862 shares of the company’s stock, valued at $3,941,762.58. The trade was a 3.38% 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. In the last ninety days, insiders have sold 14,974 shares of company stock valued at $600,126. Company insiders own 1.10% of the company’s stock.

Analyst Ratings Changes

NKE has been the topic of a number of recent analyst reports. BMO Capital Markets reissued an “underperform” rating on shares of NIKE in a research report on Thursday. Telsey Advisory Group set a $35.00 price objective on NIKE and gave the stock a “market perform” rating in a research report on Friday, October 2nd. Barclays reissued an “overweight” rating and set a $45.00 price objective (up from $37.00) on shares of NIKE in a research report on Thursday. Wells Fargo & Company set a $30.00 target price on NIKE and gave the company an “equal weight” rating in a research note on Friday, October 2nd. Finally, Williams Trading lowered NIKE from a “strong-buy” rating to a “hold” rating in a report on Friday, October 2nd. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, twenty-one have given a Hold rating and eleven have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average price target of $40.93.

NIKE Stock Down 2.6%

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

NIKE (NYSE:NKE) last posted its quarterly earnings results on Thursday, October 1st. The footwear maker reported $0.48 EPS for the quarter, beating the consensus estimate of $0.43 by $0.05. The firm had revenue of $11.21 billion during the quarter, compared to analysts’ expectations of $11.32 billion. NIKE had a return on equity of 15.94% and a net margin of 6.74%. The company’s revenue for the quarter was down 4.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.49 EPS. NIKE has set its FY 2027 guidance at 1.150-1.350 EPS. On average, research analysts anticipate that NIKE, Inc. will post 1.22 earnings per share for the current year.

NIKE Dividend Announcement

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

More NIKE News

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

About NIKE

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.