Eagle Rock Investment Company LLC Boosts Stake in NIKE, Inc. $NKE

Eagle Rock Investment Company LLC lifted its position in NIKE, Inc. (NYSE:NKE) by 25.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 57,475 shares of the footwear maker’s stock after acquiring an additional 11,825 shares during the period. Eagle Rock Investment Company LLC’s holdings in NIKE were worth $3,662,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. KMG Fiduciary Partners LLC lifted its stake in shares of NIKE by 8.6% in the 4th quarter. KMG Fiduciary Partners LLC now owns 3,580 shares of the footwear maker’s stock valued at $228,000 after purchasing an additional 283 shares during the period. Matrix Trust Co grew its stake in NIKE by 43.6% in the fourth quarter. Matrix Trust Co now owns 596 shares of the footwear maker’s stock worth $38,000 after purchasing an additional 181 shares during the period. Fort Washington Investment Advisors Inc. OH grew its stake in NIKE by 5.7% in the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 502,558 shares of the footwear maker’s stock worth $32,018,000 after purchasing an additional 27,154 shares during the period. Kathmere Capital Management LLC raised its holdings in NIKE by 51.8% in the fourth quarter. Kathmere Capital Management LLC now owns 5,831 shares of the footwear maker’s stock worth $372,000 after purchasing an additional 1,991 shares in the last quarter. Finally, Ramsey Quantitative Systems purchased a new position in NIKE during the fourth quarter valued at $96,000. Hedge funds and other institutional investors own 64.25% of the company’s stock.

Key Headlines Impacting NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Evercore ISI reiterates a Buy, saying China weakness looks priced in and that stabilizing demand plus innovation could support a re‑rating. Nike: China Weakness Priced In, Stabilizing Demand and Innovation Set Up Re‑Rating Potential
• Positive Sentiment: Williams Trading maintains a Buy and a $80 price target, citing strengthening global trends and product momentum that could drive above‑consensus FY27 earnings. Nike Buy Rating Backed by Strengthening Global Trends and Product Momentum Driving Above-Consensus FY27 Earnings
• Positive Sentiment: High‑profile investor commentary (Jim Cramer) expressed confidence that the stock can recover toward ~$70, giving sentiment support to buyers who focus on a turnaround narrative. Jim Cramer on NIKE: “I Think We’ll See $70 for That Stock”
• Positive Sentiment: Longer‑term bulls point to the “Win Now” turnaround showing early signs (recent EPS beats, category momentum) and give larger upside targets ($85 in one note). Nike At 5-Year Lows: Why The Turnaround Is Already Working
• Neutral Sentiment: Nike launched a World Cup collection made from textile waste — a positive brand/ESG play but uncertain near‑term revenue impact. Nike’s World Cup Textile Waste Line Tests Turnaround And Valuation Story
• Neutral Sentiment: Multiple previews (Zacks, Market commentary) flag key metrics investors should watch in the Q3 release (revenue growth, gross margin and China trends); history of earnings beats adds some confidence but not certainty. Stay Ahead of the Game With Nike (NKE) Q3 Earnings: Wall Street’s Insights on Key Metrics
• Negative Sentiment: Investopedia and other outlets warn of high post‑earnings volatility; some traders expect a sharp move and the potential for the stock to retest multi‑year lows if results disappoint. Here’s How Much Nike Stock Is Expected to Move After Earnings Tuesday
• Negative Sentiment: Analyst pushback: Telsey cut its price target to $65 and Erste trimmed FY2026 EPS expectations — both amplify downside risk if results miss hopes. Telsey Advisory Group Lowers NIKE (NYSE:NKE) Price Target to $65.00 MarketBeat – NIKE Report
• Negative Sentiment: China remains the key risk: coverage notes that improvement is uneven and markets are pricing some weakness, leaving limited margin for error in the release. Nike Stock Struggles Mightily As Wall Street Eyes Earnings, China Progress

Insiders Place Their Bets

In other news, CEO Elliott Hill acquired 16,388 shares of NIKE stock in a transaction on Monday, December 29th. The stock was acquired 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 in the company, valued at $14,760,965.70. This trade represents a 7.28% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.80% of the company’s stock.

NIKE Price Performance

Shares of NYSE:NKE opened at $51.37 on Friday. NIKE, Inc. has a 1-year low of $51.20 and a 1-year high of $80.17. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.06 and a quick ratio of 1.40. The business has a fifty day moving average price of $60.16 and a 200-day moving average price of $64.10. The company has a market capitalization of $76.05 billion, a PE ratio of 30.22, a PEG ratio of 2.74 and a beta of 1.27.

NIKE Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Monday, March 2nd will be given a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend is Monday, March 2nd. NIKE’s dividend payout ratio is 96.47%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on NKE. Bank of America dropped their target price on shares of NIKE from $84.00 to $73.00 and set a “buy” rating on the stock in a report on Friday, December 19th. Weiss Ratings upgraded shares of NIKE from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, January 12th. Raymond James Financial reissued a “market perform” rating on shares of NIKE in a research report on Monday, December 15th. Citigroup reissued a “neutral” rating and set a $65.00 price objective (down from $70.00) on shares of NIKE in a research note on Friday, December 19th. Finally, Barclays raised shares of NIKE from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $64.00 to $73.00 in a research note on Wednesday, March 11th. Twenty-two analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, NIKE currently has an average rating of “Moderate Buy” and an average price target of $73.20.

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).