Ferguson Wellman Capital Management Inc. Sells 180,751 Shares of NIKE, Inc. $NKE

Ferguson Wellman Capital Management Inc. trimmed its position in NIKE, Inc. (NYSE:NKE) by 28.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 450,813 shares of the footwear maker’s stock after selling 180,751 shares during the quarter. Ferguson Wellman Capital Management Inc.’s holdings in NIKE were worth $28,721,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in NKE. Main Street Financial Solutions LLC increased its position in shares of NIKE by 4.2% in the second quarter. Main Street Financial Solutions LLC now owns 3,441 shares of the footwear maker’s stock valued at $244,000 after acquiring an additional 139 shares during the period. St. Clair Advisors LLC raised its stake in shares of NIKE by 0.9% during the third quarter. St. Clair Advisors LLC now owns 15,217 shares of the footwear maker’s stock valued at $1,061,000 after acquiring an additional 140 shares during the last quarter. Spirepoint Private Client LLC boosted its holdings in shares of NIKE by 0.4% during the third quarter. Spirepoint Private Client LLC now owns 36,140 shares of the footwear maker’s stock worth $2,520,000 after purchasing an additional 153 shares during the period. CVA Family Office LLC boosted its holdings in shares of NIKE by 8.0% during the third quarter. CVA Family Office LLC now owns 2,113 shares of the footwear maker’s stock worth $147,000 after purchasing an additional 156 shares during the period. Finally, Naples Global Advisors LLC grew its stake in shares of NIKE by 1.9% in the third quarter. Naples Global Advisors LLC now owns 8,514 shares of the footwear maker’s stock worth $597,000 after purchasing an additional 159 shares during the last quarter. 64.25% of the stock is currently owned by institutional investors.

NIKE Stock Performance

Shares of NKE opened at $52.95 on Thursday. 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, Inc. has a one year low of $52.17 and a one year high of $80.17. The company has a 50-day simple moving average of $60.67 and a two-hundred day simple moving average of $64.35. The firm has a market capitalization of $78.39 billion, a PE ratio of 31.15, a price-to-earnings-growth ratio of 2.81 and a beta of 1.27.

NIKE Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Monday, March 2nd will be given a $0.41 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $1.64 annualized dividend and a dividend yield of 3.1%. NIKE’s dividend payout ratio is currently 96.47%.

Analyst Ratings Changes

A number of research analysts recently issued reports on NKE shares. BTIG Research reduced their price target on NIKE from $100.00 to $90.00 and set a “buy” rating on the stock in a report on Thursday, March 19th. Berenberg Bank reiterated a “neutral” rating and issued a $70.00 price objective on shares of NIKE in a report on Friday, December 19th. Needham & Company LLC lowered NIKE from a “buy” rating to a “hold” rating in a research report on Thursday, January 8th. Weiss Ratings raised NIKE from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, January 12th. Finally, Robert W. Baird decreased their target price on NIKE from $93.00 to $85.00 and set an “outperform” rating for the company in a report on Friday, December 19th. Twenty-two research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $73.20.

Key Headlines Impacting NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Bank of America reiterated a Buy on NKE, highlighting “continued progress” in North America and saying improvement there increases confidence in a broader turnaround; BofA also noted potential tailwinds from World Cup product cycles. Article Title
• Neutral Sentiment: Investors are focused on Nike’s March 31 Q3 earnings release; some commentaries frame the pullback (multi‑year decline) as a buying opportunity if results show North America momentum. Article Title
• Neutral Sentiment: Market coverage notes a recent intraday bounce (prior session close higher), but volume remains below average and price sits near 52‑week lows — suggesting traders are waiting for earnings clarity. Article Title
• Neutral Sentiment: Sector news: competitor On Holding updated leadership amid slowing growth — a reminder of competitive pressures in athletic footwear. Article Title
• Negative Sentiment: Telsey Advisory Group cut its price target from $72 to $65 and moved to Market Perform, signaling tempered upside expectations from analysts. Article Title
• Negative Sentiment: Previews from analysts (Benzinga) expect Q3 total sales declines and an approximate 200 bps contraction in gross margin, driven by persistent weakness in China — a key near‑term risk for results and sentiment. Article Title
• Negative Sentiment: Deutsche Bank issued a pessimistic forecast for NKE, adding downside pressure to sentiment ahead of earnings. Article Title
• Negative Sentiment: Technical/market commentary warns NKE is near a make‑or‑break support level and could test lower prices if earnings disappoint, increasing downside risk for traders. Article Title

Insider Activity at NIKE

In other news, CEO Elliott Hill bought 16,388 shares of the stock in a transaction dated Monday, December 29th. The stock was bought at an average price of $61.10 per share, for a total transaction of $1,001,306.80. Following the purchase, the chief executive officer directly owned 241,587 shares in the company, valued at $14,760,965.70. This trade represents a 7.28% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.80% of the stock is currently owned by insiders.

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).