NIKE, Inc. $NKE Shares Bought by Orion Porfolio Solutions LLC

Orion Porfolio Solutions LLC lifted its stake in shares of NIKE, Inc. (NYSE:NKE) by 108.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 88,785 shares of the footwear maker’s stock after purchasing an additional 46,252 shares during the quarter. Orion Porfolio Solutions LLC’s holdings in NIKE were worth $6,191,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of NKE. Norges Bank acquired a new position in NIKE during the 2nd quarter valued at about $835,063,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its position in shares of NIKE by 3,129.9% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 9,091,426 shares of the footwear maker’s stock worth $645,855,000 after buying an additional 8,809,950 shares in the last quarter. Harris Associates L P acquired a new stake in shares of NIKE in the 2nd quarter worth approximately $621,525,000. Invesco Ltd. lifted its stake in shares of NIKE by 66.1% in the 2nd quarter. Invesco Ltd. now owns 12,157,198 shares of the footwear maker’s stock worth $863,647,000 after acquiring an additional 4,840,114 shares during the period. Finally, Jennison Associates LLC boosted its holdings 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 acquiring an additional 3,518,666 shares in the last quarter. Institutional investors and hedge funds own 64.25% of the company’s stock.

Insider Activity at NIKE

In other news, Director Robert Holmes Swan purchased 8,691 shares of NIKE stock in a transaction that occurred on Monday, December 22nd. The stock was acquired at an average price of $57.54 per share, for a total transaction of $500,080.14. Following the transaction, the director owned 43,293 shares in the company, valued at $2,491,079.22. The trade was a 25.12% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Elliott Hill acquired 16,388 shares of the firm’s stock in a transaction that occurred on Monday, December 29th. The stock was purchased at an average cost of $61.10 per share, with a total value of $1,001,306.80. Following the purchase, the chief executive officer directly owned 241,587 shares in the company, valued at approximately $14,760,965.70. This trade represents a 7.28% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders bought 75,079 shares of company stock worth $4,449,887. 0.80% of the stock is owned by corporate insiders.

NIKE Trading Down 1.7%

Shares of NKE opened at $57.01 on Friday. The business’s 50-day moving average price is $63.26 and its 200 day moving average price is $66.39. The stock has a market capitalization of $84.40 billion, a P/E ratio of 33.54, a P/E/G ratio of 2.92 and a beta of 1.27. NIKE, Inc. has a 1-year low of $52.28 and a 1-year high of $80.19. 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 quarterly earnings data on Thursday, December 18th. The footwear maker reported $0.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.16. NIKE had a return on equity of 18.43% and a net margin of 5.43%.The firm had revenue of $12.43 billion for the quarter, compared to the consensus estimate of $12.19 billion. During the same quarter in the previous year, the company earned $0.78 EPS. The business’s revenue for the quarter was up .6% compared to the same quarter last year. Analysts expect that NIKE, Inc. will post 2.05 earnings per share for the current year.

NIKE Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Monday, March 2nd will be issued a dividend of $0.41 per share. The ex-dividend date is Monday, March 2nd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.9%. NIKE’s payout ratio is currently 96.47%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on NKE shares. Oppenheimer reiterated an “outperform” rating on shares of NIKE in a research note on Wednesday, December 17th. Argus decreased their price target on NIKE from $85.00 to $70.00 in a research note on Tuesday, December 23rd. Daiwa Securities Group lowered their price target on NIKE from $75.00 to $61.00 in a research report on Tuesday, December 23rd. Robert W. Baird dropped their price objective on NIKE from $93.00 to $85.00 and set an “outperform” rating on the stock in a research note on Friday, December 19th. Finally, Bank of America cut their price objective on NIKE from $84.00 to $73.00 and set a “buy” rating for the company in a report on Friday, December 19th. Twenty-two investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $74.61.

Trending Headlines about NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: RBC/other analysts still see recovery potential, particularly from China, and some firms reaffirm bullish long‑term views (RBC’s thesis supports upside to the stock). Nike Faces China Recovery as Key Growth Driver, RBC Says
• Positive Sentiment: Bullish writeups (Rebound Capital summaries syndicated to retail sites) argue NKE’s multiple and brand strength make it a buy for investors positioning for a turnaround. Is NIKE, Inc. (NKE) Stock A Good Buy Right Now?
• Neutral Sentiment: Stifel Nicolaus and other houses are taking cautious stances (e.g., hold ratings remain), reflecting mixed near‑term visibility even as some firms set higher price targets. Stifel Nicolaus Sticks to Its Hold Rating for Nike (NKE)
• Neutral Sentiment: Analyst roundups offer mixed takes on consumer cyclicals (Nike included); these compilations add little immediate catalyst but reflect diverging views on timing of the recovery. Analysts Offer Insights on Consumer Cyclical Companies
• Neutral Sentiment: Reports suggest Nike may consider strategic moves around the Converse business — this is speculative and could be either positive (streamlining/non‑core sale) or negative (execution risk/one‑time costs). ‘Nike Could Exit Converse,’ Says BNP Paribas
• Negative Sentiment: NIKE announced ~ $300M in pre‑tax restructuring/severance charges tied to organizational changes and recent layoffs; management signals ongoing cost realignment that will pressure near‑term results and prompted the stock pullback. Nike to Record $300 Million Charge From Cost‑Cutting Efforts (WSJ)
• Negative Sentiment: Multiple outlets highlight the same $300M severance hit and note CEO Elliott Hill’s restructuring could include additional cuts — increasing short‑term execution and margin risk. Nike Restructuring And Severance Charge Test Turnaround Under New CEO

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).