NIKE, Inc. $NKE Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lessened its holdings in NIKE, Inc. (NYSE:NKE) by 10.0% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,740,112 shares of the footwear maker’s stock after selling 528,208 shares during the period. Dimensional Fund Advisors LP owned approximately 0.32% of NIKE worth $330,518,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of NKE. Twin Peaks Wealth Advisors LLC acquired a new position in NIKE during the 2nd quarter worth $31,000. Guerra Advisors Inc purchased a new position in shares of NIKE in the 3rd quarter valued at about $34,000. Accredited Wealth Management LLC grew its position in shares of NIKE by 268.6% during the third quarter. Accredited Wealth Management LLC now owns 516 shares of the footwear maker’s stock worth $36,000 after buying an additional 376 shares in the last quarter. Abich Financial Wealth Management LLC purchased a new stake in shares of NIKE during the third quarter worth approximately $43,000. Finally, NewSquare Capital LLC increased its stake in shares of NIKE by 54.4% during the second quarter. NewSquare Capital LLC now owns 732 shares of the footwear maker’s stock worth $52,000 after buying an additional 258 shares during the period. Institutional investors and hedge funds own 64.25% of the company’s stock.

Analysts Set New Price Targets

NKE has been the subject of a number of recent research reports. Oppenheimer reiterated an “outperform” rating on shares of NIKE in a research note on Wednesday, December 17th. Truist Financial set a $69.00 price objective on shares of NIKE in a research report on Wednesday, January 14th. BTIG Research reissued a “buy” rating and issued a $100.00 target price on shares of NIKE in a report on Tuesday, January 27th. Barclays restated a “neutral” rating on shares of NIKE in a research note on Thursday, January 15th. Finally, UBS Group reaffirmed a “neutral” rating on shares of NIKE in a research report on Monday, January 5th. Twenty-two investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $74.61.

Insiders Place Their Bets

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

Key Headlines Impacting NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: RBC reiterated an Outperform view and sees a China recovery as a key growth driver, arguing Nike can return to growth in the next 1–2 years — this supports upside to consensus forecasts. Nike Faces China Recovery as Key Growth Driver, RBC Says
• Positive Sentiment: Bullish investor write-ups (summarized on Yahoo/InsiderMonkey) present a thesis that current valuation and an eventual China rebound, plus margin gains from cost realignment, create a buy case. These pieces highlight potential multi-quarter upside if execution improves. Is NIKE, Inc. (NKE) Stock A Good Buy Right Now?
• Neutral Sentiment: Nike announced a formal cost-realignment / organizational-change plan intended to boost efficiency; management frames it as a structural step to improve profitability over time, though benefits are medium-term. Nike Announces Cost-Realignment Plan to Boost Efficiency
• Neutral Sentiment: Market commentary and analyst roundups offer mixed takes; some provide deeper context but no clear consensus change to estimates yet. Analysts Offer Insights on Consumer Cyclical Companies: Nike (NKE)
• Negative Sentiment: Nike will record roughly $300 million in pre-tax restructuring charges tied to recent layoffs and organizational changes; that weighs on near-term EPS and headline risk. Nike records $300 million in restructuring charges after recent layoffs Nike to Record $300 Million Charge From Cost-Cutting Efforts (WSJ)
• Negative Sentiment: Stifel Nicolaus reaffirmed a Hold rating, signaling caution from some sell-side desks about near-term traction and upside. Stifel Nicolaus Sticks to Its Hold Rating for Nike (NKE)
• Negative Sentiment: Broader negative tone from outlets highlighting Nike’s persistent underperformance versus expectations and competitors, increasing skepticism about the pace of turnaround. Nike’s persistent underperformance is challenging our long-term view on the stock Nike Inc. Cl B stock underperforms Wednesday

NIKE Stock Performance

Shares of NIKE stock opened at $57.99 on Friday. The firm’s fifty day simple moving average is $63.34 and its 200-day simple moving average is $66.61. NIKE, Inc. has a 12 month low of $52.28 and a 12 month high of $80.19. The stock has a market capitalization of $85.85 billion, a price-to-earnings ratio of 34.11, a PEG ratio of 3.00 and a beta of 1.27. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.06 and a quick ratio of 1.40.

NIKE (NYSE:NKE) last issued its quarterly earnings data on Thursday, December 18th. The footwear maker reported $0.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.16. NIKE had a net margin of 5.43% and a return on equity of 18.43%. The company had revenue of $12.43 billion for the quarter, compared to the consensus estimate of $12.19 billion. During the same period last year, the firm posted $0.78 EPS. NIKE’s revenue for the quarter was up .6% on a year-over-year basis. As a group, equities analysts forecast that NIKE, Inc. will post 2.05 earnings per share for the current 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 paid a dividend of $0.41 per share. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $1.64 annualized dividend and a yield of 2.8%. NIKE’s dividend payout ratio is currently 96.47%.

NIKE 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).