Bartlett & CO. Wealth Management LLC Reduces Stock Holdings in NIKE, Inc. $NKE

Bartlett & CO. Wealth Management LLC lessened its stake in NIKE, Inc. (NYSE:NKE) by 25.9% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 47,846 shares of the footwear maker’s stock after selling 16,759 shares during the quarter. Bartlett & CO. Wealth Management LLC’s holdings in NIKE were worth $3,358,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of NKE. Mascoma Wealth Management LLC acquired a new position in shares of NIKE during the second quarter worth $26,000. Halbert Hargrove Global Advisors LLC grew its holdings in NIKE by 952.6% during the 2nd quarter. Halbert Hargrove Global Advisors LLC now owns 400 shares of the footwear maker’s stock valued at $28,000 after purchasing an additional 362 shares in the last quarter. Twin Peaks Wealth Advisors LLC purchased a new stake in NIKE during the 2nd quarter worth $31,000. Matrix Trust Co lifted its holdings in NIKE by 53.1% in the 2nd quarter. Matrix Trust Co now owns 441 shares of the footwear maker’s stock worth $31,000 after buying an additional 153 shares in the last quarter. Finally, Saudi Central Bank acquired a new position in NIKE in the 1st quarter worth $30,000. Institutional investors and hedge funds own 64.25% of the company’s stock.

NIKE News Summary

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Q2 beat on top and bottom line — Nike reported $12.4B in revenue and $0.53 EPS, both ahead of expectations, showing resilience in demand overall. Nike Beats on Earnings But Struggles in China and Faces Tariffs
• Positive Sentiment: North America strength and product wins — North American sales rose ~9% and running category grew ~20%, supporting the turnaround thesis for key categories. Nike’s China conundrum deepens
• Neutral Sentiment: Analyst mix — Some firms reaffirm buys (Guggenheim, Needham/Buys remain) while others cut price targets or mark to market; Berenberg reiterated neutral with a $70 PT. This leaves Street views mixed but not uniformly bearish. MarketScreener Latest Ratings
• Negative Sentiment: Tariff and margin pressure — Gross margin fell ~300 bps (to ~40.6%) and management flagged substantial tariff headwinds (reported ~$1.5B FY impact) and guidance for further margin contraction next quarter. Nike Plunges 11% As Tariffs, China Woes Cloud Outlook
• Negative Sentiment: China slump — Greater China sales plunged (~16–20% reported across outlets), with Chinese DTC digital revenue down sharply, raising concerns that Nike’s China playbook isn’t yet working. Nike is struggling to stay culturally relevant in China
• Negative Sentiment: Guidance and investor reaction — Management guided to low‑single‑digit revenue declines next quarter and warned of margin headwinds; markets focused on that guidance and tariffs, driving heavy selling and large intraday volume. Nike says turnaround plans are ‘in the middle innings’

Insiders Place Their Bets

In other NIKE news, Chairman Mark G. Parker sold 86,078 shares of the business’s stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $64.80, for a total transaction of $5,577,854.40. Following the sale, the chairman directly owned 647,615 shares in the company, valued at approximately $41,965,452. The trade was a 11.73% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jorgen Vig Knudstorp bought 16,150 shares of the company’s stock in a transaction that occurred on Friday, November 7th. The shares were purchased at an average cost of $62.09 per share, for a total transaction of $1,002,753.50. Following the acquisition, the director owned 21,388 shares of the company’s stock, valued at $1,327,980.92. This represents a 308.32% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 0.80% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

NKE has been the subject of several research analyst reports. Stifel Nicolaus set a $65.00 target price on NIKE and gave the company a “hold” rating in a research note on Friday. Truist Financial set a $70.00 price target on shares of NIKE and gave the stock a “buy” rating in a research report on Friday. Needham & Company LLC cut their price objective on NIKE from $78.00 to $68.00 and set a “buy” rating on the stock in a research note on Friday. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of NIKE in a report on Friday, October 10th. Finally, Telsey Advisory Group lowered their price target on NIKE from $75.00 to $72.00 and set a “market perform” rating for the company in a report on Friday. Three investment analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $78.14.

NIKE Price Performance

Shares of NYSE NKE opened at $58.80 on Friday. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.19 and a quick ratio of 1.45. The firm has a market capitalization of $86.91 billion, a PE ratio of 34.59, a P/E/G ratio of 2.07 and a beta of 1.29. NIKE, Inc. has a 1-year low of $52.28 and a 1-year high of $82.44. The business’s fifty day moving average price is $65.05 and its two-hundred day moving average price is $69.44.

NIKE (NYSE:NKE) last announced its quarterly earnings results on Thursday, December 18th. The footwear maker reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.16. NIKE had a net margin of 5.43% and a return on equity of 18.61%. The company had revenue of $12.43 billion during the quarter, compared to the consensus estimate of $12.19 billion. During the same quarter in the previous year, the company posted $0.78 earnings per share. The company’s revenue for the quarter was up .6% compared to the same quarter last year. On average, research analysts expect that NIKE, Inc. will post 2.05 EPS for the current year.

NIKE Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 2nd. Investors of record on Monday, December 1st will be given a $0.41 dividend. The ex-dividend date is Monday, December 1st. This represents a $1.64 annualized dividend and a yield of 2.8%. This is an increase from NIKE’s previous quarterly dividend of $0.40. NIKE’s payout ratio is 96.47%.

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).