CX Institutional Boosts Holdings in NIKE, Inc. $NKE

CX Institutional boosted its holdings in shares of NIKE, Inc. (NYSE:NKE) by 1,116.4% in the third quarter, HoldingsChannel.com reports. The fund owned 86,156 shares of the footwear maker’s stock after buying an additional 79,073 shares during the quarter. CX Institutional’s holdings in NIKE were worth $6,008,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Mascoma Wealth Management LLC acquired a new position in shares of NIKE during the 2nd quarter worth approximately $26,000. Halbert Hargrove Global Advisors LLC increased its position in NIKE by 952.6% during the second quarter. Halbert Hargrove Global Advisors LLC now owns 400 shares of the footwear maker’s stock worth $28,000 after buying an additional 362 shares in the last quarter. Matrix Trust Co raised its holdings in shares of NIKE by 53.1% in the second quarter. Matrix Trust Co now owns 441 shares of the footwear maker’s stock worth $31,000 after acquiring an additional 153 shares during the last quarter. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of NIKE in the second quarter valued at $31,000. Finally, Opal Wealth Advisors LLC acquired a new stake in shares of NIKE during the second quarter valued at $35,000. 64.25% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Insiders (CEO Elliott Hill, Lead Independent Director Tim Cook and another director) purchased shares after the earnings selloff, signaling management/board confidence and supporting near‑term buying interest. Insiders Just Bought the Dip in NKE Stock, Including Apple’s CEO
• Positive Sentiment: Sanford C. Bernstein and Bank of America reiterated Buy ratings (Bernstein with an $85 PT), reinforcing analyst support for a recovery narrative and providing upside catalysts if execution improves. Bernstein Reiterates Buy
• Neutral Sentiment: Analyst coverage roundup / deep‑dive pieces highlight mixed views (20 ratings reviewed); consensus still shows upside but many analysts trimmed targets after earnings — keeps the story contested and volatility likely. Nike Stock: A Deep Dive Into Analyst Perspectives
• Neutral Sentiment: Valuation comparisons (Adidas vs. Nike) and articles on whether Nike’s pricing looks justified keep value investors debating entry points; these are discussion pieces rather than immediate catalysts. ADDYY or NKE: Which Is the Better Value Stock Right Now?
• Negative Sentiment: Nike quietly divested RTFKT after having shuttered the unit last year — a sign of retreat from an earlier digital/NFT strategy that may imply small losses, strategic pullback and negative sentiment among digital community investors. Nike offloads RTFKT months after investor lawsuit: Report
• Negative Sentiment: Greater China remains a material drag (reported ~17% revenue decline in the region), underscoring that one of Nike’s largest growth markets is still lagging and pressuring near‑term top‑line recovery. Will China’s Structural Challenges Slow NIKE’s Global Comeback?
• Negative Sentiment: RBC trimmed its price target from $85 to $78 (still a Buy), reflecting caution — such PT cuts, even when ratings stay positive, can sap momentum and weigh on sentiment. RBC Lowers Nike Price Target

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on NKE shares. BTIG Research reissued a “buy” rating and issued a $100.00 target price on shares of NIKE in a research note on Friday, December 12th. Piper Sandler set a $75.00 price target on shares of NIKE and gave the stock an “overweight” rating in a report on Friday, December 19th. UBS Group reissued a “neutral” rating on shares of NIKE in a research note on Monday. BNP Paribas Exane decreased their target price on shares of NIKE from $38.00 to $35.00 and set an “underperform” rating on the stock in a research report on Friday, December 19th. Finally, Morgan Stanley set a $72.00 price target on NIKE and gave the company a “positive” rating in a report on Wednesday, October 1st. Two analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $75.45.

Insider Activity

In other NIKE news, Director Timothy D. Cook purchased 50,000 shares of the business’s stock in a transaction that occurred on Monday, December 22nd. The shares were purchased at an average price of $58.97 per share, for a total transaction of $2,948,500.00. Following the completion of the acquisition, the director owned 105,480 shares of the company’s stock, valued at approximately $6,220,155.60. This represents a 90.12% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman Mark G. Parker sold 86,078 shares of NIKE stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $64.80, for a total transaction of $5,577,854.40. Following the transaction, the chairman directly owned 647,615 shares in the company, valued at approximately $41,965,452. This trade represents a 11.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have acquired 91,229 shares of company stock worth $5,452,640. Insiders own 0.80% of the company’s stock.

NIKE Stock Down 3.3%

Shares of NKE opened at $63.20 on Thursday. The firm has a market cap of $93.43 billion, a PE ratio of 37.18, a price-to-earnings-growth ratio of 2.81 and a beta of 1.28. The company has a quick ratio of 1.40, a current ratio of 2.06 and a debt-to-equity ratio of 0.50. The company’s fifty day moving average is $63.42 and its two-hundred day moving average is $69.45. NIKE, Inc. has a fifty-two week low of $52.28 and a fifty-two week high of $82.44.

NIKE (NYSE:NKE) last issued its earnings results on Thursday, December 18th. The footwear maker reported $0.53 earnings per share 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 business had revenue of $12.43 billion for the quarter, compared to analyst estimates of $12.19 billion. During the same period last year, the company posted $0.78 EPS. The business’s quarterly revenue was up .6% on a year-over-year basis. Analysts forecast that NIKE, Inc. will post 2.05 earnings per share for the current year.

NIKE Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 2nd. Stockholders of record on Monday, December 1st were issued a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date was Monday, December 1st. This is an increase from NIKE’s previous quarterly dividend of $0.40. NIKE’s dividend payout ratio (DPR) is presently 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).