American Century Companies Inc. Decreases Stake in NIKE, Inc. $NKE

American Century Companies Inc. lessened its holdings in NIKE, Inc. (NYSE:NKE) by 61.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 610,324 shares of the footwear maker’s stock after selling 978,959 shares during the period. American Century Companies Inc.’s holdings in NIKE were worth $42,558,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Rafferty Asset Management LLC boosted its position in shares of NIKE by 2.1% during the third quarter. Rafferty Asset Management LLC now owns 106,191 shares of the footwear maker’s stock valued at $7,405,000 after buying an additional 2,218 shares during the period. Accredited Wealth Management LLC grew its holdings in shares of NIKE by 268.6% in the third quarter. Accredited Wealth Management LLC now owns 516 shares of the footwear maker’s stock worth $36,000 after purchasing an additional 376 shares during the last quarter. Central Securities Corp increased its stake in NIKE by 12.5% in the 3rd quarter. Central Securities Corp now owns 450,000 shares of the footwear maker’s stock worth $31,378,000 after buying an additional 50,000 shares during the period. Allianz SE lifted its holdings in NIKE by 0.9% during the 3rd quarter. Allianz SE now owns 132,037 shares of the footwear maker’s stock valued at $9,207,000 after buying an additional 1,163 shares in the last quarter. Finally, Banco Santander S.A. raised its position in NIKE by 2.2% during the 3rd quarter. Banco Santander S.A. now owns 226,043 shares of the footwear maker’s stock valued at $15,762,000 after purchasing an additional 4,926 shares in the last quarter. 64.25% of the stock is owned by hedge funds and other institutional investors.

NIKE Stock Down 1.7%

NKE opened at $57.01 on Friday. The stock has a market capitalization of $84.40 billion, a P/E ratio of 33.54, a price-to-earnings-growth ratio of 2.97 and a beta of 1.27. NIKE, Inc. has a one year low of $52.28 and a one year high of $80.19. The business’s 50-day simple moving average is $63.26 and its 200-day simple moving average is $66.47. 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 data on Thursday, December 18th. The footwear maker reported $0.53 EPS for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $12.19 billion. During the same period in the previous year, the business posted $0.78 earnings per share. NIKE’s quarterly revenue was up .6% on a year-over-year basis. Analysts anticipate that NIKE, Inc. will post 2.05 EPS for the current year.

NIKE Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Monday, March 2nd will be issued a dividend of $0.41 per share. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $1.64 dividend on an annualized basis and a yield of 2.9%. NIKE’s payout ratio is currently 96.47%.

Insiders Place Their Bets

In other news, Director Timothy D. Cook bought 50,000 shares of the firm’s stock in a transaction on 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 completion of the transaction, the director owned 105,480 shares in the company, valued at $6,220,155.60. This trade represents a 90.12% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Robert Holmes Swan bought 8,691 shares of the business’s stock in a transaction on Monday, December 22nd. The shares were acquired at an average price of $57.54 per share, with a total value 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. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders have bought 75,079 shares of company stock worth $4,449,887. 0.80% of the stock is owned by corporate insiders.

Key Stories Impacting NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: RBC/other analysts still see recovery potential, particularly from China, and some firms reaffirm bullish long‑term views (RBC’s thesis supports upside to the stock). Nike Faces China Recovery as Key Growth Driver, RBC Says
• Positive Sentiment: Bullish writeups (Rebound Capital summaries syndicated to retail sites) argue NKE’s multiple and brand strength make it a buy for investors positioning for a turnaround. Is NIKE, Inc. (NKE) Stock A Good Buy Right Now?
• Neutral Sentiment: Stifel Nicolaus and other houses are taking cautious stances (e.g., hold ratings remain), reflecting mixed near‑term visibility even as some firms set higher price targets. Stifel Nicolaus Sticks to Its Hold Rating for Nike (NKE)
• Neutral Sentiment: Analyst roundups offer mixed takes on consumer cyclicals (Nike included); these compilations add little immediate catalyst but reflect diverging views on timing of the recovery. Analysts Offer Insights on Consumer Cyclical Companies
• Neutral Sentiment: Reports suggest Nike may consider strategic moves around the Converse business — this is speculative and could be either positive (streamlining/non‑core sale) or negative (execution risk/one‑time costs). ‘Nike Could Exit Converse,’ Says BNP Paribas
• Negative Sentiment: NIKE announced ~ $300M in pre‑tax restructuring/severance charges tied to organizational changes and recent layoffs; management signals ongoing cost realignment that will pressure near‑term results and prompted the stock pullback. Nike to Record $300 Million Charge From Cost‑Cutting Efforts (WSJ)
• Negative Sentiment: Multiple outlets highlight the same $300M severance hit and note CEO Elliott Hill’s restructuring could include additional cuts — increasing short‑term execution and margin risk. Nike Restructuring And Severance Charge Test Turnaround Under New CEO

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. Truist Financial set a $69.00 price target on NIKE in a report on Wednesday, January 14th. Citigroup restated a “neutral” rating and set a $65.00 price target (down from $70.00) on shares of NIKE in a research note on Friday, December 19th. Piper Sandler set a $75.00 target price on shares of NIKE and gave the stock an “overweight” rating in a report on Friday, December 19th. Berenberg Bank reiterated a “neutral” rating and issued a $70.00 price objective on shares of NIKE in a research report on Friday, December 19th. Finally, KeyCorp lowered their price objective on NIKE from $90.00 to $75.00 and set an “overweight” rating on the stock in a report on Thursday, January 22nd. 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’s stock. According to MarketBeat.com, NIKE presently has an average rating of “Moderate Buy” and an average target price of $74.61.

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).