GFS Advisors LLC Increases Stock Holdings in NIKE, Inc. $NKE

GFS Advisors LLC grew its stake in NIKE, Inc. (NYSE:NKE) by 9.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 139,393 shares of the footwear maker’s stock after purchasing an additional 12,371 shares during the period. GFS Advisors LLC’s holdings in NIKE were worth $8,881,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Deutsche Bank AG lifted its stake in shares of NIKE by 2.5% in the 4th quarter. Deutsche Bank AG now owns 3,478,549 shares of the footwear maker’s stock worth $221,618,000 after acquiring an additional 86,491 shares during the period. Paragon Private Wealth Management LLC increased its stake in shares of NIKE by 17.7% during the fourth quarter. Paragon Private Wealth Management LLC now owns 9,596 shares of the footwear maker’s stock worth $611,000 after acquiring an additional 1,441 shares during the period. Motley Fool Asset Management LLC increased its stake in shares of NIKE by 32.2% during the fourth quarter. Motley Fool Asset Management LLC now owns 156,860 shares of the footwear maker’s stock worth $9,994,000 after acquiring an additional 38,167 shares during the period. Portfolio Design Labs LLC raised its holdings in NIKE by 3.9% during the fourth quarter. Portfolio Design Labs LLC now owns 18,930 shares of the footwear maker’s stock worth $1,206,000 after purchasing an additional 710 shares in the last quarter. Finally, Westerkirk Capital Inc. raised its holdings in NIKE by 52.4% during the fourth quarter. Westerkirk Capital Inc. now owns 131,220 shares of the footwear maker’s stock worth $8,360,000 after purchasing an additional 45,100 shares in the last quarter. Hedge funds and other institutional investors own 64.25% of the company’s stock.

Key Stories Impacting NIKE

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

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on NKE shares. Citigroup lowered their price objective on NIKE from $65.00 to $53.00 and set a “neutral” rating on the stock in a report on Wednesday, April 1st. Wall Street Zen raised NIKE from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. Evercore decreased their price target on NIKE from $69.00 to $57.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 1st. Weiss Ratings lowered NIKE from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday. Finally, Telsey Advisory Group cut their price objective on NIKE from $65.00 to $55.00 and set a “market perform” rating for the company in a research report on Wednesday, April 1st. Fifteen investment analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $61.19.

Insider Transactions at NIKE

In other news, Director Timothy D. Cook purchased 25,000 shares of the company’s stock in a transaction dated Friday, April 10th. The stock was acquired at an average price of $42.43 per share, for a total transaction of $1,060,750.00. Following the completion of the transaction, the director directly owned 130,480 shares in the company, valued at $5,536,266.40. This represents a 23.70% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Also, CEO Elliott Hill purchased 23,660 shares of the business’s stock in a transaction dated Monday, April 13th. The shares were purchased at an average cost of $42.27 per share, with a total value of $1,000,108.20. Following the purchase, the chief executive officer directly owned 265,247 shares in the company, valued at approximately $11,211,990.69. The trade was a 9.79% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders purchased a total of 64,441 shares of company stock worth $2,734,204 over the last ninety days. 0.80% of the stock is currently owned by company insiders.

NIKE Price Performance

NKE stock opened at $44.61 on Wednesday. The firm has a 50 day moving average of $44.54 and a 200-day moving average of $55.76. The company has a market cap of $66.06 billion, a price-to-earnings ratio of 29.54, a PEG ratio of 1.87 and a beta of 1.12. 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 12-month low of $41.35 and a 12-month 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, topping analysts’ consensus estimates of $0.29 by $0.06. NIKE had a return on equity of 16.41% and a net margin of 4.84%.The business had revenue of $11.28 billion for the quarter, compared to analysts’ expectations of $11.23 billion. During the same quarter in the prior year, the firm posted $0.54 EPS. The company’s revenue was up .1% compared to the same quarter last year. As a group, equities analysts expect that NIKE, Inc. will post 1.49 EPS for the current fiscal year.

NIKE Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 1st will be issued a $0.41 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a $1.64 annualized dividend and a yield of 3.7%. NIKE’s dividend payout ratio is 108.61%.

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).