Resona Asset Management Co. Ltd. Lowers Stock Holdings in NIKE, Inc. $NKE

Resona Asset Management Co. Ltd. reduced its holdings in NIKE, Inc. (NYSE:NKE) by 6.0% during the 3rd quarter, Holdings Channel reports. The firm owned 402,340 shares of the footwear maker’s stock after selling 25,780 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in NIKE were worth $28,044,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. UniSuper Management Pty Ltd grew its stake in NIKE by 13.2% in the 3rd quarter. UniSuper Management Pty Ltd now owns 96,573 shares of the footwear maker’s stock valued at $6,734,000 after acquiring an additional 11,277 shares during the period. Jennison Associates LLC grew its position in shares of NIKE by 42.3% in the third quarter. Jennison Associates LLC now owns 11,838,528 shares of the footwear maker’s stock valued at $825,501,000 after purchasing an additional 3,518,666 shares during the period. Westfuller Advisors LLC acquired a new stake in shares of NIKE in the third quarter valued at about $313,000. Probity Advisors Inc. increased its stake in shares of NIKE by 13.8% during the third quarter. Probity Advisors Inc. now owns 13,047 shares of the footwear maker’s stock worth $910,000 after purchasing an additional 1,586 shares in the last quarter. Finally, Parkside Financial Bank & Trust raised its position in shares of NIKE by 6.4% during the 3rd quarter. Parkside Financial Bank & Trust now owns 6,565 shares of the footwear maker’s stock worth $458,000 after purchasing an additional 393 shares during the last quarter. 64.25% of the stock is owned by institutional investors and hedge funds.

NIKE Trading Down 0.7%

Shares of NKE opened at $64.97 on Friday. NIKE, Inc. has a 12-month low of $52.28 and a 12-month high of $82.44. The firm has a market capitalization of $96.19 billion, a P/E ratio of 38.22, a P/E/G ratio of 3.36 and a beta of 1.28. The firm has a 50-day moving average price of $63.91 and a 200 day moving average price of $69.02. The company has a current ratio of 2.06, a quick ratio of 1.40 and a debt-to-equity ratio of 0.50.

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

NIKE Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Monday, December 1st were given a $0.41 dividend. The ex-dividend date was Monday, December 1st. This is a positive change from NIKE’s previous quarterly dividend of $0.40. This represents a $1.64 annualized dividend and a yield of 2.5%. NIKE’s dividend payout ratio (DPR) is currently 96.47%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. KeyCorp lowered their price target on NIKE from $90.00 to $75.00 and set an “overweight” rating on the stock in a research note on Thursday. Telsey Advisory Group decreased their price objective on NIKE from $75.00 to $72.00 and set a “market perform” rating on the stock in a report on Friday, December 19th. Guggenheim reaffirmed a “buy” rating on shares of NIKE in a report on Wednesday, December 31st. Citigroup reissued 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. Finally, Truist Financial set a $69.00 price objective on shares of NIKE in a research note on Wednesday, January 14th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, NIKE presently has an average rating of “Moderate Buy” and an average target price of $74.65.

Key Stories Impacting NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Investors are revising expectations for NIKE’s strategic turnaround after coverage describing the company’s “Win Now” overhaul — management actions (store, inventory and go‑to‑market changes) are being framed as improving growth and margin visibility. This story supports a constructive view on execution improving near‑term results. How Nike’s “Win Now” Overhaul At NIKE (NKE) Has Changed Its Investment Story
• Positive Sentiment: Distribution expansion: DoorDash’s partnership to sell footwear/apparel through ~1,000 Hibbett stores increases Nike’s omnichannel reach and could boost sales convenience and liquidate slow inventory — a tangible channel tailwind if adoption scales. DoorDash Taps 1,000 Hibbett Stores In Push For Instant Retail
• Neutral Sentiment: KeyCorp lowered its price target (from $90 to $75) but kept an overweight rating — that reduces upside expectations versus prior targets but still signals analyst confidence in mid‑term recovery; this is a mixed catalyst for the stock. Nike price target lowered by KeyCorp
• Neutral Sentiment: Analyst roundups and valuation pieces note NIKE’s premium multiple and recent trading volatility — helpful context for investors but not an immediate directional catalyst. Analysts Offer Insights on Consumer Cyclical Companies: Nike (NKE)
• Neutral Sentiment: Personal‑finance pieces showing how large a position you’d need for a target dividend (and Dogs of the Dow lists) raise investor interest in yield but don’t change NIKE’s payout profile materially. These stories can attract income‑seeking flow but are not fundamental drivers. How much to invest in Nike stock for $1,000 in annual dividends (2026)
• Neutral Sentiment: Valuation/coverage articles highlighting recent choppiness and a valuation premium may weigh on sentiment if results don’t accelerate, but they largely restate current market positioning. Evaluating Nike (NKE) Shares As Recent Trading Choppiness Highlights Valuation Premium
• Negative Sentiment: Bearish analysis warns NIKE has “too little room for error” — high expectations and a premium multiple mean small execution misses could pressure earnings and the stock. This type of critique can amplify selling if subsequent guidance disappoints. Nike: Too Little Room For Error
• Negative Sentiment: Opinion pieces questioning whether NIKE will regain its former outperformance highlight multi‑year investor losses and structural concerns, which may keep sentiment cautious and limit a sustained rally until clearer evidence of durable growth appears. Will Nike Stock Ever Be a Winner Again?

Insider Activity at NIKE

In other NIKE news, Director Timothy D. Cook bought 50,000 shares of NIKE stock in a transaction on Monday, December 22nd. The shares were bought 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 of the company’s stock, valued at $6,220,155.60. This trade represents a 90.12% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, Director Robert Holmes Swan purchased 8,691 shares of the stock in a transaction dated Monday, December 22nd. The shares were acquired at an average price of $57.54 per share, with a total value of $500,080.14. Following the completion of the acquisition, the director owned 43,293 shares in the company, valued at approximately $2,491,079.22. This trade represents a 25.12% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have acquired 91,229 shares of company stock valued at $5,452,640 over the last 90 days. Corporate insiders own 0.80% of the company’s stock.

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).