Ferguson Wellman Capital Management Inc. Has $44.04 Million Stock Position in NIKE, Inc. $NKE

Ferguson Wellman Capital Management Inc. increased its stake in shares of NIKE, Inc. (NYSE:NKE) by 21.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 631,564 shares of the footwear maker’s stock after purchasing an additional 110,456 shares during the period. Ferguson Wellman Capital Management Inc.’s holdings in NIKE were worth $44,039,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Mascoma Wealth Management LLC acquired a new position in shares of NIKE during the 2nd quarter worth about $26,000. Halbert Hargrove Global Advisors LLC raised its position in shares of NIKE by 952.6% in the 2nd quarter. Halbert Hargrove Global Advisors LLC now owns 400 shares of the footwear maker’s stock valued at $28,000 after acquiring an additional 362 shares during the period. Matrix Trust Co boosted its stake in NIKE by 53.1% during the 2nd 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 bought a new position in NIKE during the 2nd quarter worth approximately $31,000. Finally, Opal Wealth Advisors LLC acquired a new position in NIKE during the second quarter valued at approximately $35,000. Institutional investors and hedge funds own 64.25% of the company’s stock.

Insider Activity

In other NIKE news, Director Timothy D. Cook acquired 50,000 shares of NIKE stock in a transaction dated Monday, December 22nd. The stock was bought at an average cost of $58.97 per share, for a total transaction of $2,948,500.00. Following the purchase, the director directly owned 105,480 shares in the company, valued at approximately $6,220,155.60. This represents a 90.12% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Robert Holmes Swan bought 8,691 shares of the stock in a transaction that occurred on Monday, December 22nd. The stock was bought at an average cost of $57.54 per share, for a total transaction of $500,080.14. Following the transaction, the director owned 43,293 shares of the company’s stock, valued at $2,491,079.22. The trade was a 25.12% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders purchased 91,229 shares of company stock worth $5,452,640. 0.80% of the stock is currently owned by company insiders.

NIKE Stock Up 3.1%

Shares of NIKE stock opened at $65.21 on Friday. The firm has a market cap of $96.39 billion, a PE ratio of 38.36, a P/E/G ratio of 2.72 and a beta of 1.28. The business’s 50 day simple moving average is $63.43 and its 200 day simple moving average is $69.42. 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.

NIKE (NYSE:NKE) last issued its quarterly 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. The company had revenue of $12.43 billion during the quarter, compared to analysts’ expectations of $12.19 billion. NIKE had a net margin of 5.43% and a return on equity of 18.43%. The business’s quarterly revenue was up .6% on a year-over-year basis. During the same period last year, the business earned $0.78 EPS. On average, analysts predict that NIKE, Inc. will post 2.05 earnings per share for the current fiscal year.

NIKE Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 2nd. Shareholders of record on Monday, December 1st were paid a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 2.5%. 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%.

Key Stories Impacting NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Insider buying by CEO Elliott Hill and other insiders is being highlighted as a vote of confidence in Nike’s early-turnaround signs; MarketBeat notes insiders stepping in and a consensus price target above the current level. MarketBeat Insider Buying
• Positive Sentiment: Sanford C. Bernstein reaffirmed a Buy rating on NKE, signaling some analyst-level conviction in the company’s multi-year recovery potential. Sanford C. Bernstein Reaffirms Buy
• Positive Sentiment: Bank of America reiterated a Buy rating citing North America-led improvement, inventory discipline, and recovery potential — supportive for medium-term sentiment. Bank of America Buy Rating
• Neutral Sentiment: Deutsche Bank initiated coverage with a Hold rating — adds another institutional voice but not a strong directional signal.
• Neutral Sentiment: Valuation comparisons (Zacks) with Adidas keep Nike in investors’ screens for relative-value thinking; these pieces are informational rather than catalysts. Zacks ADDYY vs NKE
• Neutral Sentiment: Opinion pieces asking whether to “buy the dip” flag Nike as a recovery candidate — these can support retail buying but are not hard news. Is It Time to Buy the Dip?
• Neutral Sentiment: AI-driven short-term price predictions (ChatGPT/Benzinga) are noise — may influence retail chatter but not fundamentals. Benzinga ChatGPT Price Prediction
• Negative Sentiment: Analyst downgrade on slow turnaround progress (China weakness and slower-than-expected recovery) is pressuring sentiment and is an explicit negative catalyst. TipRanks Downgrade
• Negative Sentiment: Coverage arguing Nike’s turnaround is taking longer than expected (MSN feature) amplifies caution and investor frustration despite high-profile insider buying. MSN: Needs More Than Tim Cook
• Negative Sentiment: Royal Bank of Canada issued a pessimistic near-term price forecast, adding to the sell-side caution. RBC Pessimistic Forecast
• Negative Sentiment: Nike quietly exiting/disposing of RTFKT after closing its digital collectibles arm signals strategic pullback from NFTs and raises questions about prior digital investments. Cointelegraph: RTFKT Exit

Analyst Ratings Changes

Several equities research analysts have weighed in on NKE shares. Williams Trading cut their target price on shares of NIKE from $100.00 to $80.00 and set a “buy” rating on the stock in a report on Friday, December 19th. Barclays set a $64.00 price objective on NIKE and gave the stock an “equal weight” rating in a research note on Friday, December 19th. UBS Group reissued a “neutral” rating on shares of NIKE in a research note on Monday. Raymond James Financial reaffirmed a “market perform” rating on shares of NIKE in a research report on Monday, December 15th. Finally, Piper Sandler set a $75.00 price objective on NIKE and gave the company an “overweight” rating in a report on Friday, December 19th. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $75.32.

About NIKE

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).