Assenagon Asset Management S.A. Sells 322,204 Shares of NIKE, Inc. $NKE

Assenagon Asset Management S.A. reduced its position in shares of NIKE, Inc. (NYSE:NKE) by 52.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 292,837 shares of the footwear maker’s stock after selling 322,204 shares during the period. Assenagon Asset Management S.A.’s holdings in NIKE were worth $18,657,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in NKE. Vanguard Group Inc. boosted its holdings in shares of NIKE by 1.3% in the 3rd quarter. Vanguard Group Inc. now owns 115,291,199 shares of the footwear maker’s stock valued at $8,039,255,000 after purchasing an additional 1,467,414 shares in the last quarter. State Street Corp raised its holdings in shares of NIKE by 2.8% during the 2nd quarter. State Street Corp now owns 59,154,159 shares of the footwear maker’s stock worth $4,225,441,000 after buying an additional 1,590,603 shares in the last quarter. Capital World Investors lifted its position in shares of NIKE by 0.7% during the 3rd quarter. Capital World Investors now owns 42,239,013 shares of the footwear maker’s stock worth $2,945,326,000 after buying an additional 286,615 shares during the last quarter. Invesco Ltd. boosted its stake in NIKE by 3.3% in the third quarter. Invesco Ltd. now owns 12,561,334 shares of the footwear maker’s stock valued at $875,902,000 after buying an additional 404,136 shares in the last quarter. Finally, Jennison Associates LLC boosted its stake in NIKE by 42.3% in 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. 64.25% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have issued reports on NKE. Sanford C. Bernstein reiterated a “buy” rating on shares of NIKE in a research report on Thursday, March 5th. Wells Fargo & Company set a $65.00 price target on shares of NIKE and gave the company an “overweight” rating in a research note on Friday, December 19th. Piper Sandler set a $75.00 price target on shares of NIKE and gave the company an “overweight” rating in a report on Friday, December 19th. BTIG Research lowered their price objective on shares of NIKE from $100.00 to $90.00 and set a “buy” rating for the company in a research report on Thursday, March 19th. Finally, Truist Financial set a $69.00 price objective on shares of NIKE in a research note on Wednesday, January 14th. Twenty-two analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $73.20.

Trending Headlines about NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Seeking Alpha highlights the turnaround is working — Q2 FY2026 EPS beat by 43%, strong running category growth and expectations that margin pressures are temporary; the note carries a $85 price target and Strong Buy view. Nike At 5-Year Lows: Why The Turnaround Is Already Working
• Positive Sentiment: Zacks argues Nike has the mix of factors that increase the likelihood of an earnings beat given its surprise history — this supports upside risk into the print. Will Nike (NKE) Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: Bank of America reiterates a Buy and cites improving North America execution and potential tailwinds (World Cup product cycle) that could lift results despite global headwinds. Nike gaining traction in North America ahead of Q3 earnings, Bank of America says
• Neutral Sentiment: Zacks and other previews compile Wall Street estimates and key metrics to watch in the Q3 release (revenue mix, margins, China trends); these previews help set expectations but are not new catalysts. Stay Ahead of the Game With Nike (NKE) Q3 Earnings
• Neutral Sentiment: General earnings-prep pieces and trending-stock coverage note heavy investor attention ahead of the print; useful for sentiment context but not direct drivers. NIKE, Inc. (NKE) Is a Trending Stock
• Negative Sentiment: Telsey Advisory cut its price target to $65 and moved to Market Perform, signaling less near-term upside and contributing to weak sentiment. Telsey Advisory price target cut
• Negative Sentiment: Analysts and previews (Benzinga/Yahoo) warn of a Q3 sales decline and ~200bps gross-margin contraction driven by China softness, tariffs and inventory actions — these are the main near-term earnings risks. Nike Q3 Preview: Gross Margin Contract
• Negative Sentiment: Erste trimmed FY2026 EPS slightly; separate reports note bearish outlooks from institutions (Deutsche Bank commentary), adding to sell-side caution. Erste Group estimate cut / MarketBeat summary

NIKE Stock Performance

Shares of NKE stock opened at $52.03 on Friday. The firm has a market capitalization of $77.02 billion, a price-to-earnings ratio of 30.61, a PEG ratio of 2.79 and a beta of 1.27. The company has a current ratio of 2.06, a quick ratio of 1.40 and a debt-to-equity ratio of 0.50. The business’s 50-day moving average price is $60.42 and its 200-day moving average price is $64.26. NIKE, Inc. has a 12 month low of $51.87 and a 12 month high of $80.17.

NIKE Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Monday, March 2nd will be paid 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 3.2%. NIKE’s dividend payout ratio is presently 96.47%.

Insider Buying and Selling at NIKE

In related news, CEO Elliott Hill acquired 16,388 shares of the stock in a transaction dated Monday, December 29th. The stock was bought at an average cost of $61.10 per share, for a total transaction of $1,001,306.80. Following the completion of the transaction, the chief executive officer directly owned 241,587 shares of the company’s stock, valued at $14,760,965.70. The trade was a 7.28% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 0.80% of the company’s stock.

About NIKE

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).