QRG Capital Management Inc. Purchases 12,795 Shares of NIKE, Inc. $NKE

Posted by ABMN Staff on Jul 6th, 2026

QRG Capital Management Inc. lifted its position in shares of NIKE, Inc. (NYSE:NKE – Free Report) by 14.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 98,545 shares of the footwear maker’s stock after buying an additional 12,795 shares during the quarter. QRG Capital Management Inc.’s holdings in NIKE were worth $5,205,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in NKE. HB Wealth Management LLC lifted its stake in NIKE by 2.9% in the first quarter. HB Wealth Management LLC now owns 54,706 shares of the footwear maker’s stock worth $2,890,000 after acquiring an additional 1,533 shares during the period. PFG Investments LLC increased its position in NIKE by 26.9% during the 1st quarter. PFG Investments LLC now owns 15,614 shares of the footwear maker’s stock valued at $825,000 after purchasing an additional 3,310 shares during the period. BIP Wealth LLC increased its position in NIKE by 25.1% during the 1st quarter. BIP Wealth LLC now owns 5,354 shares of the footwear maker’s stock valued at $283,000 after purchasing an additional 1,074 shares during the period. Baer Investment Advisory LLC bought a new stake in shares of NIKE in the 1st quarter valued at about $246,000. Finally, World Investment Advisors raised its holdings in shares of NIKE by 5.7% in the 1st quarter. World Investment Advisors now owns 57,703 shares of the footwear maker’s stock valued at $3,048,000 after purchasing an additional 3,125 shares in the last quarter. Institutional investors own 64.25% of the company’s stock.

Trending Headlines about NIKE

Here are the key news stories impacting NIKE this week:

Positive Sentiment: NIKE’s fiscal Q4 results beat analyst expectations, with revenue and EPS coming in ahead of forecasts, which has helped support the shares and reinforced hopes that the turnaround is starting to take hold. Stock Market Today, July 1: Nike Jumps After Quarterly Results Beat Analyst Estimates
Positive Sentiment: Several commentaries argue the recent selloff may have gone too far, with some analysts and market watchers calling NIKE a rebound candidate after a difficult year. Prediction: Nike Stock Set for 25% Rebound After Brutal Year
Neutral Sentiment: Reports highlight that NIKE’s digital sales fell while the company continues shifting its mix between direct-to-consumer and wholesale channels, suggesting the turnaround is still incomplete. Nike Digital Drops 12% as Brands Rebalance D2C and Wholesale
Negative Sentiment: Barclays reportedly cut its price target on NIKE, signaling lower near-term expectations from one of the long-time bullish banks on the name. Barclays cuts Nike stock price target from $67 to $52
Negative Sentiment: 7-Eleven filed a trademark lawsuit accusing NIKE of copying branding elements in an upcoming Air Max 95 design, adding legal overhang and potential distraction for the company. 7-Eleven sues Nike over alleged Air Max 95 design infringing brand colors

NIKE Stock Performance

NKE stock opened at $44.12 on Monday. NIKE, Inc. has a one year low of $40.00 and a one year high of $80.17. The firm has a market cap of $65.34 billion, a price-to-earnings ratio of 21.11, a PEG ratio of 2.49 and a beta of 1.12. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.36 and a current ratio of 1.96. The firm has a 50-day simple moving average of $43.86 and a two-hundred day simple moving average of $53.06.

NIKE (NYSE:NKE – Get Free Report) last issued its quarterly earnings data on Tuesday, June 30th. The footwear maker reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.09. The firm had revenue of $10.97 billion for the quarter, compared to the consensus estimate of $10.85 billion. NIKE had a net margin of 6.70% and a return on equity of 16.54%. The company’s quarterly revenue was down 1.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.14 EPS. On average, equities analysts forecast that NIKE, Inc. will post 1.8 EPS for the current fiscal year.

NIKE Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Monday, June 1st were paid a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 3.7%. The ex-dividend date was Monday, June 1st. NIKE’s dividend payout ratio (DPR) is 78.47%.

Insider Buying and Selling

In other news, Director John W. Rogers, Jr. purchased 4,000 shares of the business’s stock in a transaction on Thursday, April 9th. The shares were acquired at an average cost of $43.34 per share, with a total value of $173,360.00. Following the completion of the acquisition, the director owned 41,022 shares of the company’s stock, valued at $1,777,893.48. This trade represents a 10.80% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Robert Holmes Swan purchased 11,781 shares of NIKE stock in a transaction dated Tuesday, April 7th. The shares were acquired at an average cost of $42.44 per share, for a total transaction of $499,985.64. Following the completion of the transaction, the director owned 55,074 shares of the company’s stock, valued at approximately $2,337,340.56. This represents a 27.21% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders acquired 64,441 shares of company stock valued at $2,734,204 over the last quarter. Insiders own 0.80% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on NKE shares. Sanford C. Bernstein set a $72.00 price objective on shares of NIKE and gave the company an “outperform” rating in a research note on Wednesday. Piper Sandler reduced their price objective on shares of NIKE from $50.00 to $45.00 and set a “neutral” rating for the company in a research note on Wednesday, July 1st. Zacks Research lowered NIKE from a “hold” rating to a “strong sell” rating in a report on Monday, June 1st. The Goldman Sachs Group lowered their target price on NIKE from $46.00 to $42.00 and set a “neutral” rating for the company in a report on Wednesday, July 1st. Finally, DZ Bank reaffirmed a “buy” rating on shares of NIKE in a research report on Tuesday, April 21st. Thirteen research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $55.42.

Read Our Latest Stock Analysis on NKE

NIKE Profile

(Free Report)

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).