K.J. Harrison & Partners Inc Purchases New Shares in NIKE, Inc. $NKE

K.J. Harrison & Partners Inc purchased a new position in NIKE, Inc. (NYSE:NKE) during the 3rd quarter, HoldingsChannel.com reports. The fund purchased 20,152 shares of the footwear maker’s stock, valued at approximately $1,503,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Intech Investment Management LLC grew its position in shares of NIKE by 45.6% in the 3rd quarter. Intech Investment Management LLC now owns 169,211 shares of the footwear maker’s stock worth $11,799,000 after buying an additional 52,965 shares during the period. Catalyst Financial Partners LLC grew its holdings in NIKE by 17.7% in the third quarter. Catalyst Financial Partners LLC now owns 3,696 shares of the footwear maker’s stock worth $258,000 after purchasing an additional 555 shares during the period. Empirical Asset Management LLC grew its holdings in NIKE by 7.2% in the third quarter. Empirical Asset Management LLC now owns 11,446 shares of the footwear maker’s stock worth $726,000 after purchasing an additional 765 shares during the period. Cary Street Partners Financial LLC increased its stake in shares of NIKE by 7.8% during the third quarter. Cary Street Partners Financial LLC now owns 21,645 shares of the footwear maker’s stock valued at $1,509,000 after purchasing an additional 1,567 shares in the last quarter. Finally, Colonial Trust Advisors lifted its holdings in shares of NIKE by 0.9% during the third quarter. Colonial Trust Advisors now owns 104,963 shares of the footwear maker’s stock valued at $7,319,000 after purchasing an additional 944 shares during the last quarter. Hedge funds and other institutional investors own 64.25% of the company’s stock.

NIKE News Summary

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Analysts/coverage arguing Nike may be a value buy as many negatives are already priced in; some retail-investing pieces highlight core product strength and make the case for adding to positions. Top Stocks to Double Up on Right Now
• Positive Sentiment: Recent coverage notes NKE has outpaced the broader market in the latest move, suggesting some investor interest and momentum despite macro and tariff worries. Nike (NKE) Outpaces Stock Market Gains: What You Should Know
• Neutral Sentiment: Valuation review pieces examine whether the current share price reflects brand strength and future cash flows after multiyear declines; useful for investors assessing long-term risk/reward but not definitive near-term catalysts. Is Nike (NKE) Pricing Still Justified After Multi Year Share Price Weakness
• Negative Sentiment: Seeking Alpha downgrades to a “hold” — cites persistent China weakness, tariff volatility and squeezed gross margins (Q2 gross margin ~40.6%). Greater China revenue fell ~13% YoY with EBIT ~49% lower, even as North America grew ~7% YoY; inventory is drawing down but margin pressure remains. Nike: ‘Win Now,’ Buy Later (Rating Downgrade)
• Negative Sentiment: Institutional selling: Madison Large Cap Fund reportedly exited NKE, a vote of concern from a large holder that can amplify downward pressure if other funds follow. Here’s Why Madison Large Cap Fund Chose to Exit Nike (NKE)
• Negative Sentiment: Policy shock: A Supreme Court ruling narrowed one tariff authority, but the administration swiftly introduced a new 15% global tariff under different legal grounds — leaving import costs and sourcing strategy in flux for Nike. Supreme Court Tariff Shift Puts Nike Valuation And Margins Under Scrutiny
• Negative Sentiment: Tariff cost estimates: Analysts and coverage flag roughly $1.5B of tariff-driven cost pressure that could compress margins unless offset by pricing, mix or cost cuts — a clear near-term earnings risk. Higher Tariffs and Production Costs: Is NIKE Ready to Adapt?
• Negative Sentiment: Valuation and tariff update: Coverage says the new 15% global import tariff forces investors to revisit Nike’s valuation and profit forecasts amid added trade uncertainty. Nike (NKE) Valuation Reconsidered After New 15% Global Import Tariff Sparks Fresh Trade Uncertainty

Insiders Place Their Bets

In other news, CEO Elliott Hill acquired 16,388 shares of the business’s stock in a transaction that occurred on Monday, December 29th. The stock was bought at an average price 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 of the company’s stock, valued at approximately $14,760,965.70. The trade was a 7.28% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Robert Holmes Swan acquired 8,691 shares of NIKE stock in a transaction that occurred on Monday, December 22nd. The shares were purchased at an average price of $57.54 per share, with a total value of $500,080.14. Following the transaction, the director owned 43,293 shares of the company’s stock, valued at $2,491,079.22. The trade was a 25.12% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders purchased 75,079 shares of company stock valued at $4,449,887. Company insiders own 0.80% of the company’s stock.

NIKE Trading Down 1.1%

NIKE stock opened at $63.36 on Thursday. NIKE, Inc. has a one year low of $52.28 and a one year high of $82.44. The business’s fifty day moving average is $63.26 and its 200 day moving average is $67.19. The stock has a market capitalization of $93.80 billion, a PE ratio of 37.27, a price-to-earnings-growth ratio of 3.28 and a beta of 1.27. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.06 and a quick ratio of 1.40.

NIKE (NYSE:NKE) last issued its earnings results on Thursday, December 18th. The footwear maker reported $0.53 earnings per share for the quarter, topping analysts’ consensus estimates of $0.37 by $0.16. The business had revenue of $12.43 billion during the quarter, compared to analyst estimates of $12.19 billion. NIKE had a return on equity of 18.43% and a net margin of 5.43%.NIKE’s revenue was up .6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.78 EPS. On average, sell-side analysts predict that NIKE, Inc. will post 2.05 EPS for the current 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 issued a $0.41 dividend. The ex-dividend date is Monday, March 2nd. This represents a $1.64 annualized dividend and a yield of 2.6%. NIKE’s dividend payout ratio (DPR) is currently 96.47%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on NKE. Sanford C. Bernstein restated a “buy” rating and issued a $85.00 price target on shares of NIKE in a research note on Tuesday, January 6th. Raymond James Financial reissued a “market perform” rating on shares of NIKE in a report on Monday, December 15th. Robert W. Baird cut their target price on NIKE from $93.00 to $85.00 and set an “outperform” rating on the stock in a research note on Friday, December 19th. Berenberg Bank reaffirmed a “neutral” rating and issued a $70.00 price target on shares of NIKE in a research report on Friday, December 19th. Finally, Citigroup reiterated a “neutral” rating and issued a $65.00 price target (down from $70.00) on shares of NIKE in a research note on Friday, December 19th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, NIKE has an average rating of “Moderate Buy” and an average price target of $74.61.

About NIKE

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).