NIKE, Inc. $NKE Shares Bought by Retirement Systems of Alabama

Retirement Systems of Alabama grew its position in NIKE, Inc. (NYSE:NKE) by 14.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,130,383 shares of the footwear maker’s stock after buying an additional 146,681 shares during the quarter. Retirement Systems of Alabama’s holdings in NIKE were worth $72,017,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Harrell Investment Partners LLC boosted its position in shares of NIKE by 3.4% in the 4th quarter. Harrell Investment Partners LLC now owns 7,202 shares of the footwear maker’s stock worth $459,000 after buying an additional 234 shares in the last quarter. J. Safra Sarasin Holding AG increased its holdings in NIKE by 126.6% during the 4th quarter. J. Safra Sarasin Holding AG now owns 21,252 shares of the footwear maker’s stock valued at $1,354,000 after acquiring an additional 11,873 shares in the last quarter. ORG Partners LLC increased its holdings in NIKE by 17.1% during the 4th quarter. ORG Partners LLC now owns 4,190 shares of the footwear maker’s stock valued at $267,000 after acquiring an additional 613 shares in the last quarter. ORG Wealth Partners LLC raised its position in NIKE by 132.0% during the fourth quarter. ORG Wealth Partners LLC now owns 2,947 shares of the footwear maker’s stock worth $188,000 after acquiring an additional 1,677 shares during the last quarter. Finally, Hennion & Walsh Asset Management Inc. lifted its holdings in shares of NIKE by 23.5% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 23,110 shares of the footwear maker’s stock valued at $1,472,000 after purchasing an additional 4,397 shares in the last quarter. Institutional investors and hedge funds own 64.25% of the company’s stock.

NIKE News Summary

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Jefferies keeps a Buy rating and a $110 price target, arguing Nike’s “Win Now” turnaround shows steady progress and implying significant upside if execution improves. Nike to report third quarter earning amid turnaround momentum: Jefferies
• Positive Sentiment: Some commentators say a double beat in Q3 earnings could restore confidence — investors are watching the print for signs the turnaround is real. Nike Q3 Preview: ‘Maybe There Is Hope,’ Says Expert After Stock Hits 9-Year Low
• Neutral Sentiment: Market calendars and previews emphasize Q3 is pivotal; analysts and outlets outline consensus expectations (weaker revenue and EPS) and key metrics investors will track — China sales, gross margins, and digital trends. Nike (NKE) To Report Earnings Tomorrow: Here Is What To Expect
• Neutral Sentiment: Analyst pieces and “should you buy” stories note the stock is cheaper than in years, prompting some value-oriented interest — but they stress this is contingent on a credible operational turnaround. Nike Stock Hasn’t Been This Cheap Since 2017. Is It a No-Brainer Buy?
• Negative Sentiment: Reuters reports Nike’s China stumble reflects execution gaps amid fierce domestic competition and a cooling consumer — that directly threatens revenue growth in a key region. Nike’s China stumble exposes execution gaps
• Negative Sentiment: Several outlets (CNBC, MarketWatch, Yahoo, Zacks) emphasize Nike has “a lot to prove” and that consensus expects falling revenue/EPS — weakness in China, tariff headwinds, and digital softness are central risks ahead of the print. Nike has a lot to prove to keep investors in its corner. Here’s where it needs to start
• Negative Sentiment: Coverage notes the stock is at multi‑year lows and has fallen sharply over recent months, increasing downside risk if Q3 fails to show clear margin and demand improvement. Nike’s stock is at 9-year lows ahead of earnings

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of NIKE from $67.00 to $54.00 and set a “hold” rating for the company in a research note on Monday, March 23rd. Argus dropped their price target on NIKE from $85.00 to $70.00 in a research report on Tuesday, December 23rd. Wells Fargo & Company set a $65.00 price target on NIKE and gave the stock an “overweight” rating in a report on Friday, December 19th. Robert W. Baird reduced their price objective on NIKE from $93.00 to $85.00 and set an “outperform” rating on the stock in a research report on Friday, December 19th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $78.00 price objective on shares of NIKE in a research note on Thursday, March 5th. Twenty-two analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $73.20.

NIKE Stock Down 0.2%

Shares of NYSE NKE opened at $51.27 on Tuesday. The firm has a market cap of $75.90 billion, a P/E ratio of 30.16, a price-to-earnings-growth ratio of 2.70 and a beta of 1.27. 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 1 year low of $50.95 and a 1 year high of $80.17. The firm’s 50 day moving average price is $59.90 and its 200 day moving average price is $63.80.

NIKE Announces Dividend

The firm also recently disclosed 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 annualized dividend and a dividend yield of 3.2%. NIKE’s dividend payout ratio (DPR) is 96.47%.

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).