Close Asset Management Ltd Sells 21,348 Shares of NIKE, Inc. $NKE

Close Asset Management Ltd reduced its stake in shares of NIKE, Inc. (NYSE:NKE) by 56.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,755 shares of the footwear maker’s stock after selling 21,348 shares during the period. Close Asset Management Ltd’s holdings in NIKE were worth $1,168,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Twin Peaks Wealth Advisors LLC bought a new position in shares of NIKE in the second quarter worth approximately $31,000. Guerra Advisors Inc purchased a new position in shares of NIKE during the 3rd quarter valued at $34,000. Abich Financial Wealth Management LLC purchased a new stake in NIKE in the 3rd quarter worth $43,000. NewSquare Capital LLC lifted its position in shares of NIKE by 54.4% in the second quarter. NewSquare Capital LLC now owns 732 shares of the footwear maker’s stock valued at $52,000 after acquiring an additional 258 shares in the last quarter. Finally, Field & Main Bank boosted its stake in shares of NIKE by 36.4% in the second quarter. Field & Main Bank now owns 750 shares of the footwear maker’s stock worth $53,000 after acquiring an additional 200 shares during the period. 64.25% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, CEO Elliott Hill bought 16,388 shares of the company’s stock in a transaction dated Monday, December 29th. The stock was purchased at an average price of $61.10 per share, for a total transaction of $1,001,306.80. Following the acquisition, the chief executive officer owned 241,587 shares in the company, valued at $14,760,965.70. This trade represents a 7.28% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Timothy D. Cook bought 50,000 shares of the business’s stock in a transaction dated Monday, December 22nd. The shares were bought at an average cost of $58.97 per share, for a total transaction of $2,948,500.00. Following the transaction, the director owned 105,480 shares in the company, valued at approximately $6,220,155.60. The trade was a 90.12% increase in their position. The SEC filing for this purchase provides additional information. Insiders purchased 75,079 shares of company stock valued at $4,449,887 in the last ninety days. Insiders own 0.80% of the company’s stock.

NIKE Stock Performance

Shares of NYSE:NKE opened at $63.93 on Friday. The firm has a fifty day simple moving average of $63.23 and a two-hundred day simple moving average of $67.17. NIKE, Inc. has a 52 week low of $52.28 and a 52 week high of $81.49. 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 stock has a market capitalization of $94.64 billion, a P/E ratio of 37.61, a PEG ratio of 3.25 and a beta of 1.27.

NIKE (NYSE:NKE) last announced its earnings results on Thursday, December 18th. The footwear maker reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.16. The firm had revenue of $12.43 billion for 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 revenue was up .6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.78 EPS. On average, analysts expect that NIKE, Inc. will post 2.05 earnings per share for the current fiscal year.

NIKE Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Monday, March 2nd will be given a dividend of $0.41 per share. The ex-dividend date is Monday, March 2nd. This represents a $1.64 dividend on an annualized basis and a yield of 2.6%. NIKE’s dividend payout ratio is 96.47%.

NIKE News Roundup

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Bullish retail take — a recent Yahoo piece argues that, with short‑term noise fading, Nike’s strategic progress and valuation look attractive to buyers. Here’s Why I’m Looking at Nike Stock, Now That the Noise Has Died Down
• Positive Sentiment: Investor attention is rising — Zacks highlights NKE as one of its most‑searched names, which can support momentum and liquidity. NIKE, Inc. (NKE) is Attracting Investor Attention: Here is What You Should Know
• Positive Sentiment: Analyst/sector narratives see upside — MarketBeat includes NKE among potential retail comeback candidates for 2026, a sentiment that can attract recovery‑focused money. Can These 3 Names Be 2026’s Biggest Retail Comebacks? (NKE)
• Positive Sentiment: Recent performance highlight — coverage noting NKE outpacing the market supports the bullish narrative on momentum. Nike (NKE) Outpaces Stock Market Gains: What You Should Know
• Neutral Sentiment: Upcoming catalyst — Nike confirmed its Q3 FY26 results and conference call scheduled for April 2; this event is likely to drive short‑term volatility around guidance, China trends and margins. NIKE, Inc. Announces Third Quarter Fiscal 2026 Earnings and Conference Call
• Neutral Sentiment: Dividend vs. tariffs discussion — analysis questions whether Nike’s dividend move changes the margin expansion story amid tariff uncertainty, leaving investors split on the durability of margin recovery. Did Nike’s Dividend Amid Tariff Shifts Just Recast NKE’s Margin Expansion Story?
• Negative Sentiment: Tariff shock risk — coverage flags a proposed 15% global import tariff that would force a valuation reassessment and add direct margin pressure if enacted. Nike (NKE) Valuation Reconsidered After New 15% Global Import Tariff Sparks Fresh Trade Uncertainty
• Negative Sentiment: Fund exit and downgrade noise — Madison Large Cap Fund’s exit and a Seeking Alpha downgrade to “hold” highlight continued concerns about China slowdown, tariff volatility and margin pressure. Here’s Why Madison Large Cap Fund Chose to Exit Nike (NKE) Nike: ‘Win Now,’ Buy Later (Rating Downgrade)
• Negative Sentiment: Supply‑chain cost risk — reporting on Nike’s Japan clean‑energy push notes costly supply‑chain shifts that could raise operating costs and compress near‑term margins. Nike Balances Japan Clean Energy Push With Costly Supply Chain Shift

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Barclays reissued a “neutral” rating on shares of NIKE in a research note on Thursday, January 15th. Royal Bank Of Canada reiterated a “buy” rating on shares of NIKE in a research report on Wednesday, January 21st. BTIG Research restated a “buy” rating and set a $100.00 target price on shares of NIKE in a research report on Tuesday, January 27th. UBS Group reaffirmed a “neutral” rating on shares of NIKE in a research note on Monday, January 5th. Finally, The Goldman Sachs Group decreased their price target on shares of NIKE from $77.00 to $76.00 and set a “buy” rating on the stock in a research note on Thursday, January 29th. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $74.61.

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).