Pacer Advisors Inc. Has $6.96 Million Holdings in NIKE, Inc. $NKE

Pacer Advisors Inc. trimmed its position in shares of NIKE, Inc. (NYSE:NKE) by 98.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 99,747 shares of the footwear maker’s stock after selling 6,024,690 shares during the period. Pacer Advisors Inc.’s holdings in NIKE were worth $6,955,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in NKE. Brighton Jones LLC raised its stake in NIKE by 388.5% in the 4th quarter. Brighton Jones LLC now owns 202,411 shares of the footwear maker’s stock valued at $15,316,000 after acquiring an additional 160,980 shares during the period. AlphaQuest LLC increased its holdings in shares of NIKE by 961.8% in the first quarter. AlphaQuest LLC now owns 807 shares of the footwear maker’s stock valued at $51,000 after purchasing an additional 731 shares during the last quarter. Gamco Investors INC. ET AL bought a new position in shares of NIKE in the first quarter valued at about $329,000. WPG Advisers LLC acquired a new stake in shares of NIKE during the 1st quarter worth about $42,000. Finally, Driehaus Capital Management LLC bought a new stake in shares of NIKE during the 1st quarter worth about $337,000. 64.25% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Cowen raised NIKE from a “hold” rating to a “buy” rating in a research report on Wednesday, September 10th. Stifel Nicolaus set a $65.00 price objective on NIKE and gave the company a “hold” rating in a report on Friday, December 19th. Berenberg Bank reiterated a “neutral” rating and set a $70.00 price objective on shares of NIKE in a research report on Friday, December 19th. Wells Fargo & Company set a $65.00 target price on shares of NIKE and gave the company an “overweight” rating in a research report on Friday, December 19th. Finally, Wall Street Zen upgraded shares of NIKE from a “sell” rating to a “hold” rating in a research note on Saturday, September 6th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, NIKE presently has a consensus rating of “Moderate Buy” and an average target price of $75.84.

NIKE Stock Up 1.4%

NKE stock opened at $60.84 on Monday. The company has a market cap of $89.94 billion, a PE ratio of 35.79, a price-to-earnings-growth ratio of 2.61 and a beta of 1.28. The business has a 50-day simple moving average of $64.21 and a 200 day simple moving average of $69.36. NIKE, Inc. has a 52 week low of $52.28 and a 52 week high of $82.44. The company has a quick ratio of 1.40, a current ratio of 2.06 and a debt-to-equity ratio of 0.50.

NIKE (NYSE:NKE) last announced its quarterly earnings data on Thursday, December 18th. The footwear maker reported $0.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.37 by $0.16. NIKE had a net margin of 5.43% and a return on equity of 18.43%. The firm had revenue of $12.43 billion for the quarter, compared to the consensus estimate of $12.19 billion. During the same period in the prior year, the company posted $0.78 earnings per share. The business’s revenue for the quarter was up .6% on a year-over-year basis. Sell-side analysts anticipate that NIKE, Inc. will post 2.05 EPS for the current fiscal year.

NIKE Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 2nd. Investors of record on Monday, December 1st will be paid a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 2.7%. This is a positive change from NIKE’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Monday, December 1st. NIKE’s payout ratio is 96.47%.

Insider Buying and Selling at NIKE

In other NIKE news, EVP Treasure Heinle sold 4,300 shares of the company’s stock in a transaction on Monday, October 6th. The stock was sold at an average price of $71.27, for a total transaction of $306,461.00. Following the completion of the sale, the executive vice president directly owned 29,396 shares in the company, valued at $2,095,052.92. This represents a 12.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robert Holmes Swan purchased 8,691 shares of the firm’s stock in a transaction dated Monday, December 22nd. The stock was acquired at an average price of $57.54 per share, for a total transaction of $500,080.14. Following the purchase, the director owned 43,293 shares in the company, valued at approximately $2,491,079.22. The trade was a 25.12% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders acquired 74,841 shares of company stock valued at $4,451,334. 0.80% of the stock is currently owned by insiders.

Key Stores Impacting NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Tim Cook increased his Nike stake (~$3M), a high-profile insider buy that lifted sentiment and likely helped spark recent volume and the stock’s uptick. Tim Cook just gave Nike a much-needed holiday boost
• Positive Sentiment: Company director reported a ~$2.95M purchase, reinforcing insider confidence and drawing trader attention. Insider Buying: NIKE Director Purchases $2.95M
• Positive Sentiment: Jim Cramer publicly backed Nike’s CEO and the turnaround story, which can boost retail investor conviction. I Continue to Believe Nike’s CEO is a Winner, Says Jim Cramer
• Neutral Sentiment: Unusually high options and share volume suggest elevated trading/positioning — supports larger intraday moves but not a directional fundamental signal by itself. NIKE Sees Unusually High Options Volume
• Neutral Sentiment: Market indicators show Nike is “oversold” into year-end, which some technicians view as setup for a rebound if momentum stabilizes. These 3 Household Names Are Flashing Rare Oversold Signals
• Negative Sentiment: Analysts cut price targets (Argus lowered to $70, Daiwa to $61), signaling more cautious near-term expectations and limiting upside. Argus adjusts price target on Nike
• Negative Sentiment: Zacks highlights that Nike’s wholesale rebound is helping revenue but digital sales and traffic remain weak — a channel mix problem that could pressure margins and growth visibility. Wholesale Strength vs. Digital Strain
• Negative Sentiment: Legal/trademark snag: Nike’s revival of the Total 90 brand hit a roadblock after a third party registered the trademark, potentially complicating World Cup product plans and marketing. Nike’s Revival of Classic Brand Has a Hitch
• Negative Sentiment: Analyst warnings about “innovation gaps” and commentary that Nike has underperformed for years reinforce the turnaround narrative and the risk that execution must materially improve to restore multiple expansion. ‘Innovation Gaps Signal Further Downside,’ Warns Analyst

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).