NIKE, Inc. $NKE Position Trimmed by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC trimmed its holdings in shares of NIKE, Inc. (NYSE:NKE) by 86.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 36,304 shares of the footwear maker’s stock after selling 226,986 shares during the period. Los Angeles Capital Management LLC’s holdings in NIKE were worth $2,356,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of NKE. Mizuho Markets Cayman LP purchased a new position in NIKE during the 3rd quarter valued at about $34,200,000. PFA Pension Forsikringsaktieselskab purchased a new position in NIKE during the 4th quarter valued at about $43,188,000. Strive Asset Management LLC acquired a new stake in shares of NIKE during the 3rd quarter valued at $1,743,000. Nicholas Company Inc. boosted its stake in shares of NIKE by 33.3% during the 4th quarter. Nicholas Company Inc. now owns 123,652 shares of the footwear maker’s stock valued at $7,878,000 after buying an additional 30,890 shares during the period. Finally, Park National Corp OH boosted its stake in shares of NIKE by 81.5% during the 4th quarter. Park National Corp OH now owns 431,055 shares of the footwear maker’s stock valued at $27,463,000 after buying an additional 193,514 shares during the period. Institutional investors and hedge funds own 64.25% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. DA Davidson lowered shares of NIKE from a “buy” rating to a “neutral” rating and decreased their target price for the company from $72.00 to $46.00 in a research note on Thursday, April 2nd. Stifel Nicolaus decreased their target price on shares of NIKE from $65.00 to $56.00 and set a “hold” rating for the company in a research note on Wednesday, April 1st. Sanford C. Bernstein reissued a “buy” rating on shares of NIKE in a research note on Monday, May 11th. CICC Research lowered shares of NIKE from an “outperform” rating to a “market perform” rating and decreased their target price for the company from $69.00 to $58.00 in a research note on Monday, April 6th. Finally, Wells Fargo & Company set a $45.00 target price on shares of NIKE and gave the company an “equal weight” rating in a research note on Friday, May 8th. Fifteen research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $62.04.

Insider Buying and Selling at NIKE

In other NIKE news, Director Robert Holmes Swan purchased 11,781 shares of the business’s stock in a transaction dated Tuesday, April 7th. The shares were acquired at an average price of $42.44 per share, for a total transaction of $499,985.64. Following the acquisition, the director owned 55,074 shares of the company’s stock, valued at $2,337,340.56. This trade represents a 27.21% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Elliott Hill bought 23,660 shares of the stock in a transaction that occurred on Monday, April 13th. The stock was purchased at an average price of $42.27 per share, for a total transaction of $1,000,108.20. Following the completion of the purchase, the chief executive officer directly owned 265,247 shares in the company, valued at $11,211,990.69. The trade was a 9.79% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have acquired a total of 64,441 shares of company stock worth $2,734,204 over the last quarter. Company insiders own 0.80% of the company’s stock.

NIKE Stock Up 3.2%

NIKE stock opened at $44.61 on Wednesday. The company has a market capitalization of $66.06 billion, a P/E ratio of 29.54, a P/E/G ratio of 1.87 and a beta of 1.12. The firm’s fifty day simple moving average is $44.54 and its 200-day simple moving average is $55.76. The company has a current ratio of 2.14, a quick ratio of 1.45 and a debt-to-equity ratio of 0.50. NIKE, Inc. has a 1-year low of $41.35 and a 1-year high of $80.17.

NIKE (NYSE:NKE) last released its quarterly earnings results on Tuesday, March 31st. The footwear maker reported $0.35 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.06. The business had revenue of $11.28 billion for the quarter, compared to the consensus estimate of $11.23 billion. NIKE had a net margin of 4.84% and a return on equity of 16.41%. NIKE’s revenue for the quarter was up .1% on a year-over-year basis. During the same quarter last year, the firm earned $0.54 EPS. Sell-side analysts forecast that NIKE, Inc. will post 1.49 earnings per share for the current fiscal year.

NIKE Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 1st will be issued a dividend of $0.41 per share. The ex-dividend date is Monday, June 1st. This represents a $1.64 dividend on an annualized basis and a dividend yield of 3.7%. NIKE’s dividend payout ratio (DPR) is currently 108.61%.

NIKE News Summary

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Recent articles highlight a recovery setup for NIKE, with the stock showing better short-term performance and some investors viewing the current valuation as attractive after a steep decline from prior highs. A Look At Nike (NKE) Valuation As Recent Share Performance Remains Mixed
• Positive Sentiment: Coverage around NIKE’s footwear business points to early signs of stabilization, with running and football products gaining traction and innovation-led offerings improving the sales mix. Is NIKE’s Footwear Business Showing Signs of Stabilization?
• Positive Sentiment: NIKE’s World Cup football strategy is drawing Wall Street interest because it could strengthen the core brand story, support product demand, and help the turnaround narrative ahead of a major global sporting event. Can Nike’s World Cup Football Bet Recenter Its Core Brand Story for Investors (NKE)?
• Neutral Sentiment: Several pieces frame NIKE as a stock that looks cheap versus its former peak, but emphasize that the dividend alone is not the main investment case; the real debate is whether earnings and growth can recover meaningfully. Is It Worth Buying Nike Stock for Its Dividend?
• Negative Sentiment: Longer-term performance remains weak, and some investors are still exiting the name because recovery risks, tariff pressure, softer demand in Greater China, and competitive threats continue to cloud the turnaround. Bell Global Equities Fund Sold Nike (NKE) Amid Recovery Challenges and Inflation Pressure
• Negative Sentiment: Even bullish commentary notes that Wall Street remains cautious about whether NIKE’s reset will translate into a sustained improvement in fundamentals and investor confidence. Nike’s football push gains Wall Street optimism ahead of World Cup, but turnaround concerns remain

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).