Teacher Retirement System of Texas Sells 26,127 Shares of NIKE, Inc. $NKE

Teacher Retirement System of Texas lowered its stake in NIKE, Inc. (NYSE:NKE) by 12.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 183,230 shares of the footwear maker’s stock after selling 26,127 shares during the quarter. Teacher Retirement System of Texas’ holdings in NIKE were worth $12,777,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Brighton Jones LLC boosted its holdings in shares of NIKE by 388.5% during the 4th quarter. Brighton Jones LLC now owns 202,411 shares of the footwear maker’s stock valued at $15,316,000 after acquiring an additional 160,980 shares in the last quarter. Caxton Associates LLP bought a new position in NIKE in the first quarter valued at about $311,000. McAdam LLC raised its position in NIKE by 10.9% in the second quarter. McAdam LLC now owns 4,523 shares of the footwear maker’s stock valued at $321,000 after purchasing an additional 443 shares during the last quarter. American National Bank & Trust boosted its stake in shares of NIKE by 19.3% during the second quarter. American National Bank & Trust now owns 6,861 shares of the footwear maker’s stock valued at $487,000 after purchasing an additional 1,110 shares in the last quarter. Finally, ST Germain D J Co. Inc. grew its holdings in shares of NIKE by 6.4% during the second quarter. ST Germain D J Co. Inc. now owns 15,599 shares of the footwear maker’s stock worth $1,108,000 after purchasing an additional 935 shares during the last quarter. 64.25% of the stock is owned by institutional investors.

NIKE Stock Down 0.7%

Shares of NYSE NKE opened at $64.97 on Friday. The company’s 50 day moving average price is $63.91 and its 200-day moving average price is $69.02. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.40 and a current ratio of 2.06. NIKE, Inc. has a 52-week low of $52.28 and a 52-week high of $82.44. The company has a market capitalization of $96.19 billion, a P/E ratio of 38.22, a price-to-earnings-growth ratio of 3.36 and a beta of 1.28.

NIKE (NYSE:NKE) last announced 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 the consensus estimate of $12.19 billion. NIKE had a net margin of 5.43% and a return on equity of 18.43%. NIKE’s quarterly revenue was up .6% on a year-over-year basis. During the same quarter last year, the firm earned $0.78 earnings per share. Equities analysts forecast that NIKE, Inc. will post 2.05 earnings per share for the current year.

NIKE Increases Dividend

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

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. JPMorgan Chase & Co. lowered their price objective on NIKE from $100.00 to $86.00 and set a “buy” rating for the company in a research note on Monday, November 17th. Jefferies Financial Group reissued a “buy” rating and set a $110.00 target price on shares of NIKE in a report on Monday, January 12th. BTIG Research restated a “buy” rating and issued a $100.00 price target on shares of NIKE in a research report on Friday, December 12th. DZ Bank reaffirmed a “buy” rating on shares of NIKE in a research note on Friday, December 19th. Finally, Truist Financial set a $69.00 price target on shares of NIKE in a report on Wednesday, January 14th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $74.65.

Key NIKE News

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, CEO Elliott Hill purchased 16,388 shares of the business’s stock in a transaction on Monday, December 29th. The shares were purchased at an average cost of $61.10 per share, for a total transaction of $1,001,306.80. Following the acquisition, the chief executive officer owned 241,587 shares of the company’s stock, valued at approximately $14,760,965.70. This represents a 7.28% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman Mark G. Parker sold 86,078 shares of the firm’s stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $64.80, for a total transaction of $5,577,854.40. Following the sale, the chairman directly owned 647,615 shares of the company’s stock, valued at approximately $41,965,452. This trade represents a 11.73% decrease in their position. The SEC filing for this sale provides additional information. Insiders have purchased 91,229 shares of company stock worth $5,452,640 over the last quarter. 0.80% of the stock is owned by company insiders.

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).