ABN Amro Investment Solutions Sells 16,814 Shares of NIKE, Inc. $NKE

ABN Amro Investment Solutions trimmed its stake in NIKE, Inc. (NYSE:NKE) by 22.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 59,081 shares of the footwear maker’s stock after selling 16,814 shares during the quarter. ABN Amro Investment Solutions’ holdings in NIKE were worth $3,121,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Oslo Pensjonsforsikring AS acquired a new position in shares of NIKE during the first quarter valued at about $123,000. Andra AP fonden boosted its position in shares of NIKE by 1,731.4% during the 1st quarter. Andra AP fonden now owns 234,417 shares of the footwear maker’s stock worth $12,382,000 after purchasing an additional 221,617 shares in the last quarter. Glenview Trust Co grew its stake in shares of NIKE by 7.6% in the 1st quarter. Glenview Trust Co now owns 164,075 shares of the footwear maker’s stock valued at $8,666,000 after buying an additional 11,655 shares during the period. Leith Wheeler Investment Counsel Ltd. grew its stake in shares of NIKE by 4.2% in the 1st quarter. Leith Wheeler Investment Counsel Ltd. now owns 324,568 shares of the footwear maker’s stock valued at $17,144,000 after buying an additional 13,072 shares during the period. Finally, AlTi Global Inc. increased its position in NIKE by 445.0% in the 1st quarter. AlTi Global Inc. now owns 34,024 shares of the footwear maker’s stock valued at $1,797,000 after buying an additional 27,781 shares in the last quarter. 64.25% of the stock is owned by institutional investors.

NIKE Price Performance

Shares of NYSE NKE opened at $40.99 on Friday. NIKE, Inc. has a fifty-two week low of $40.00 and a fifty-two week high of $80.17. The stock has a market cap of $60.70 billion, a price-to-earnings ratio of 19.61, a PEG ratio of 1.87 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’s 50-day simple moving average is $43.68 and its 200 day simple moving average is $51.21.

NIKE (NYSE:NKE) last released its quarterly earnings results on Tuesday, June 30th. The footwear maker reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.09. The business had revenue of $10.97 billion during the quarter, compared to the consensus estimate of $10.85 billion. NIKE had a return on equity of 16.54% and a net margin of 6.70%.The company’s quarterly revenue was down 1.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.14 EPS. As a group, research analysts anticipate that NIKE, Inc. will post 1.74 earnings per share for the current fiscal year.

NIKE Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Monday, June 1st were issued a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date was Monday, June 1st. NIKE’s dividend payout ratio (DPR) is currently 78.47%.

Analyst Upgrades and Downgrades

NKE has been the topic of several recent research reports. UBS Group set a $48.00 price target on NIKE and gave the stock a “neutral” rating in a report on Wednesday, July 1st. Wells Fargo & Company decreased their price objective on NIKE from $45.00 to $40.00 and set an “equal weight” rating for the company in a report on Wednesday, July 1st. CICC Research lowered their target price on NIKE from $58.00 to $44.80 and set a “neutral” rating on the stock in a research report on Thursday, July 2nd. Rothschild & Co Redburn lowered their target price on NIKE from $45.00 to $37.00 and set a “sell” rating on the stock in a research report on Friday, July 17th. Finally, Evercore set a $46.00 target price on NIKE and gave the stock an “in-line” rating in a report on Tuesday, June 23rd. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, nineteen have issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $53.86.

Key NIKE News

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: NIKE said it made “significant progress” in fiscal 2026 and is pursuing a broad operational transformation to strengthen long-term growth and profitability, which could support a turnaround over time. Nike CEO outlines transformation strategy after operational reset in fiscal 2026 (NYSE:NKE)
• Positive Sentiment: Several analysts lifted longer-term earnings estimates, suggesting some confidence that Nike can eventually rebuild profitability after its reset. NIKE price and analyst updates
• Neutral Sentiment: Commentary around Nike trading at a low valuation versus prior peak earnings is helping the bull case, but it does not change the near-term operating challenges. Nike Stock for the Next 10 Years: Buy, Hold, or Avoid?
• Negative Sentiment: Nike’s China online distribution overhaul has drawn skepticism because it could pressure sales trends and risk additional market-share losses in a key region. After tackling discounts in China, Nike still needs to win back shoppers
• Negative Sentiment: Multiple Zacks Research notes cut near- and medium-term EPS estimates and kept a “Strong Sell” rating, reinforcing concerns that earnings recovery may take longer than expected. NIKE analyst estimate revisions

Insider Activity

In related news, EVP Philip Mccartney sold 17,398 shares of NIKE stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $46.18, for a total transaction of $803,439.64. Following the transaction, the executive vice president owned 53,133 shares of the company’s stock, valued at $2,453,681.94. The trade was a 24.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 1.10% of the stock is currently owned by insiders.

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).