NIKE, Inc. $NKE Shares Sold by Conning Inc.

Conning Inc. cut its holdings in NIKE, Inc. (NYSE:NKE) by 17.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 55,751 shares of the footwear maker’s stock after selling 11,381 shares during the quarter. Conning Inc.’s holdings in NIKE were worth $3,888,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Norges Bank acquired a new stake in NIKE during the second quarter valued at approximately $835,063,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its holdings in shares of NIKE by 3,129.9% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 9,091,426 shares of the footwear maker’s stock valued at $645,855,000 after buying an additional 8,809,950 shares in the last quarter. Harris Associates L P bought a new position in shares of NIKE in the second quarter valued at $621,525,000. Invesco Ltd. lifted its position in shares of NIKE by 66.1% during the 2nd quarter. Invesco Ltd. now owns 12,157,198 shares of the footwear maker’s stock valued at $863,647,000 after acquiring an additional 4,840,114 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in shares of NIKE by 129.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 5,849,636 shares of the footwear maker’s stock worth $411,951,000 after acquiring an additional 3,299,155 shares in the last quarter. Institutional investors own 64.25% of the company’s stock.

NIKE Stock Performance

NKE stock opened at $65.56 on Thursday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.40 and a current ratio of 2.06. The stock has a market cap of $97.06 billion, a P/E ratio of 38.57, a P/E/G ratio of 3.40 and a beta of 1.28. The firm has a 50 day simple moving average of $63.68 and a 200 day simple moving average of $69.52. NIKE, Inc. has a 52 week low of $52.28 and a 52 week high of $82.44.

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

NIKE Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 2nd. Shareholders of record on Monday, December 1st were given a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend was Monday, December 1st. This is an increase from NIKE’s previous quarterly dividend of $0.40. NIKE’s payout ratio is currently 96.47%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on NKE. DZ Bank reaffirmed a “buy” rating on shares of NIKE in a research report on Friday, December 19th. Truist Financial set a $69.00 price objective on NIKE in a report on Wednesday. Berenberg Bank reaffirmed a “neutral” rating and set a $70.00 price objective on shares of NIKE in a research note on Friday, December 19th. Sanford C. Bernstein reiterated a “buy” rating and issued a $85.00 target price on shares of NIKE in a report on Tuesday, January 6th. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of NIKE in a report on Tuesday, January 6th. Two analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $75.13.

Insider Buying and Selling

In other news, Director Timothy D. Cook purchased 50,000 shares of NIKE stock in a transaction dated Monday, December 22nd. The stock was acquired at an average cost of $58.97 per share, for a total transaction of $2,948,500.00. Following the acquisition, the director directly owned 105,480 shares in the company, valued at $6,220,155.60. This represents a 90.12% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Chairman Mark G. Parker sold 86,078 shares of the stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $64.80, for a total value of $5,577,854.40. Following the completion of the transaction, the chairman owned 647,615 shares in the company, valued at $41,965,452. This represents a 11.73% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders acquired 91,229 shares of company stock worth $5,452,640. Insiders own 0.80% of the company’s stock.

NIKE News Summary

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: High-profile insider/board buying and bullish endorsements — Apple CEO and Nike board member Tim Cook reportedly bought roughly $3M of NKE shares, and TV pundit Jim Cramer has highlighted Nike as undervalued and “ahead of schedule,” both supporting investor confidence. Read More.
• Positive Sentiment: New growth-facing partnership — Nike signed its first major pickleball endorsement with rising star Anna Leigh Waters, expanding exposure into a fast-growing sport and fueling top-line potential in apparel and footwear. Read More.
• Neutral Sentiment: Short-term share strength and coverage chatter — Media pieces note a recent bounce (stock up since mid-December) and renewed debate among commentators whether Nike is now a value buy or still expensive, keeping sentiment mixed. Read More.
• Neutral Sentiment: Market commentary drives short-term flows — coverage (e.g., Benzinga) points to modest intraday strength despite slower-than-expected turnaround execution, which can amplify volatility around news and analyst notes. Read More.
• Negative Sentiment: Margin headwinds from tariffs and mix — Zacks flags an accelerating margin squeeze: Q2 gross margin fell ~300 bps, prompting price increases, cost cuts and supply-chain changes. Continued tariff-driven costs and margin recovery uncertainty are a clear downside catalyst for earnings and multiple compression. Read More.

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).