Compass Wealth Management LLC Has $116,000 Holdings in NIKE, Inc. $NKE

Compass Wealth Management LLC trimmed its position in NIKE, Inc. (NYSE:NKE) by 91.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,663 shares of the footwear maker’s stock after selling 17,309 shares during the quarter. Compass Wealth Management LLC’s holdings in NIKE were worth $116,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in NKE. Vanguard Group Inc. boosted its stake in NIKE by 0.6% in the 2nd quarter. Vanguard Group Inc. now owns 113,823,785 shares of the footwear maker’s stock worth $8,086,042,000 after purchasing an additional 672,705 shares during the period. State Street Corp lifted its holdings in shares of NIKE by 2.8% in the second quarter. State Street Corp now owns 59,154,159 shares of the footwear maker’s stock valued at $4,225,441,000 after purchasing an additional 1,590,603 shares in the last quarter. Invesco Ltd. boosted its position in shares of NIKE by 66.1% in the second quarter. Invesco Ltd. now owns 12,157,198 shares of the footwear maker’s stock worth $863,647,000 after buying an additional 4,840,114 shares during the period. Jennison Associates LLC grew its holdings in shares of NIKE by 42.3% during the third quarter. Jennison Associates LLC now owns 11,838,528 shares of the footwear maker’s stock valued at $825,501,000 after buying an additional 3,518,666 shares in the last quarter. Finally, Norges Bank purchased a new position in shares of NIKE during the second quarter valued at $835,063,000. 64.25% of the stock is owned by hedge funds and other institutional investors.

NIKE Stock Down 2.9%

NYSE NKE opened at $63.11 on Wednesday. NIKE, Inc. has a twelve month low of $52.28 and a twelve month high of $82.44. The stock has a market cap of $93.42 billion, a PE ratio of 37.12, a PEG ratio of 3.38 and a beta of 1.28. The firm has a 50-day simple moving average of $63.97 and a 200 day simple moving average of $68.86. 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 (NYSE:NKE) last posted its quarterly earnings results on Thursday, December 18th. The footwear maker reported $0.53 EPS for the quarter, beating the consensus estimate of $0.37 by $0.16. The firm had revenue of $12.43 billion during the quarter, compared to analysts’ expectations of $12.19 billion. NIKE had a return on equity of 18.43% and a net margin of 5.43%.The company’s revenue for the quarter was up .6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.78 EPS. On average, research analysts forecast that NIKE, Inc. will post 2.05 EPS for the current year.

NIKE Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 2nd. Stockholders of record on Monday, December 1st were paid a $0.41 dividend. The ex-dividend date was Monday, December 1st. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.6%. This is a positive change from NIKE’s previous quarterly dividend of $0.40. NIKE’s dividend payout ratio is currently 96.47%.

NIKE News Roundup

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: BTIG reaffirmed a “buy” on NKE and set a $100 price target, signaling strong upside from current levels and giving investors a reason to view recent weakness as a buying opportunity. Benzinga: BTIG buy rating
• Positive Sentiment: Insider/management buying highlighted in commentary (Fool) — Nike’s CEO has been buying shares, which investors often see as a vote of confidence in the turnaround. Nike Stock Is Down, but Is It a Buy?
• Neutral Sentiment: Longer-term debate over relative value persists — several write-ups compare Nike to peers (Adidas) and weigh valuation vs. growth, leaving investors to decide if the pullback offers a durable value entry. ADDYY or NKE: Which Is the Better Value Stock Right Now?
• Neutral Sentiment: Some analysts note top-line stabilization but mixed segment trends — commentators say Nike’s revenue has steadied but certain regions/products still lag, making the recovery uneven. Down More Than 50% in 3 Years, Is Now Finally the Time to Buy Nike Stock?
• Negative Sentiment: Nike announced plans to cut ~775 U.S. distribution jobs to accelerate automation and improve margins — the move reduces costs but raises near-term execution and reputational risks; it’s a key reason for today’s negative sentiment. Nike to cut 775 jobs in US distribution centers, CNBC reports
• Negative Sentiment: Nike is investigating claims by a ransomware group that it leaked 1.4 TB of company data — a potential breach raises legal, operational and brand risks; uncertainty around scope likely weighed on the stock. Nike says it is investigating possible data breach
• Negative Sentiment: Demand headwinds in China and softer digital traffic are testing Nike’s two major growth engines, raising questions about the pace of the turnaround and near-term revenue recovery. Can NIKE Regain Its Stride as China and Digital Momentum Falter?
• Negative Sentiment: Market reports and wire coverage note the stock fell on the session as these operational and security concerns outweighed the positive notes. Nike (NKE) Stock Sinks As Market Gains: Here’s Why

Insider Buying and Selling

In related news, Chairman Mark G. Parker sold 86,078 shares of the stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $64.80, for a total value of $5,577,854.40. Following the completion of the transaction, the chairman owned 647,615 shares of the company’s stock, valued at $41,965,452. This represents a 11.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Jorgen Vig Knudstorp acquired 16,150 shares of the firm’s stock in a transaction on Friday, November 7th. The shares were bought at an average cost of $62.09 per share, for a total transaction of $1,002,753.50. Following the completion of the acquisition, the director directly owned 21,388 shares of the company’s stock, valued at approximately $1,327,980.92. This represents a 308.32% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders have acquired 91,229 shares of company stock worth $5,452,640. Insiders own 0.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. JPMorgan Chase & Co. decreased their price objective on NIKE from $100.00 to $86.00 and set a “buy” rating for the company in a research report on Monday, November 17th. Sanford C. Bernstein reissued a “buy” rating and issued a $85.00 price target on shares of NIKE in a research report on Tuesday, January 6th. BTIG Research reaffirmed a “buy” rating and set a $100.00 price objective on shares of NIKE in a research report on Tuesday. The Goldman Sachs Group set a $77.00 target price on shares of NIKE in a research report on Friday, December 19th. Finally, Weiss Ratings raised shares of NIKE from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, January 12th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $74.65.

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).