Fort Washington Investment Advisors Inc. OH increased its position in shares of NIKE, Inc. (NYSE:NKE – Free Report) by 5.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 502,558 shares of the footwear maker’s stock after purchasing an additional 27,154 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in NIKE were worth $32,018,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently added to or reduced their stakes in NKE. Mizuho Markets Cayman LP bought a new stake in shares of NIKE in the 3rd quarter worth approximately $34,200,000. Exchange Traded Concepts LLC grew its stake in NIKE by 697.5% during the 3rd quarter. Exchange Traded Concepts LLC now owns 228,889 shares of the footwear maker’s stock worth $15,960,000 after buying an additional 200,187 shares during the last quarter. Strive Asset Management LLC bought a new position in NIKE during the 3rd quarter worth $1,743,000. Soros Fund Management LLC increased its position in NIKE by 33.0% in the second quarter. Soros Fund Management LLC now owns 302,320 shares of the footwear maker’s stock worth $21,477,000 after buying an additional 75,000 shares during the period. Finally, Brighton Jones LLC increased its position in NIKE by 54.6% in the third quarter. Brighton Jones LLC now owns 104,791 shares of the footwear maker’s stock worth $7,307,000 after buying an additional 37,019 shares during the period. Institutional investors and hedge funds own 64.25% of the company’s stock.
Trending Headlines about NIKE
Here are the key news stories impacting NIKE this week:
- Positive Sentiment: Evercore ISI reiterates a Buy, saying China weakness looks priced in and that stabilizing demand plus innovation could support a re‑rating. Nike: China Weakness Priced In, Stabilizing Demand and Innovation Set Up Re‑Rating Potential
- Positive Sentiment: Williams Trading maintains a Buy and a $80 price target, citing strengthening global trends and product momentum that could drive above‑consensus FY27 earnings. Nike Buy Rating Backed by Strengthening Global Trends and Product Momentum Driving Above-Consensus FY27 Earnings
- Positive Sentiment: High‑profile investor commentary (Jim Cramer) expressed confidence that the stock can recover toward ~$70, giving sentiment support to buyers who focus on a turnaround narrative. Jim Cramer on NIKE: “I Think We’ll See $70 for That Stock”
- Positive Sentiment: Longer‑term bulls point to the “Win Now” turnaround showing early signs (recent EPS beats, category momentum) and give larger upside targets ($85 in one note). Nike At 5-Year Lows: Why The Turnaround Is Already Working
- Neutral Sentiment: Nike launched a World Cup collection made from textile waste — a positive brand/ESG play but uncertain near‑term revenue impact. Nike’s World Cup Textile Waste Line Tests Turnaround And Valuation Story
- Neutral Sentiment: Multiple previews (Zacks, Market commentary) flag key metrics investors should watch in the Q3 release (revenue growth, gross margin and China trends); history of earnings beats adds some confidence but not certainty. Stay Ahead of the Game With Nike (NKE) Q3 Earnings: Wall Street’s Insights on Key Metrics
- Negative Sentiment: Investopedia and other outlets warn of high post‑earnings volatility; some traders expect a sharp move and the potential for the stock to retest multi‑year lows if results disappoint. Here’s How Much Nike Stock Is Expected to Move After Earnings Tuesday
- Negative Sentiment: Analyst pushback: Telsey cut its price target to $65 and Erste trimmed FY2026 EPS expectations — both amplify downside risk if results miss hopes. Telsey Advisory Group Lowers NIKE (NYSE:NKE) Price Target to $65.00 MarketBeat – NIKE Report
- Negative Sentiment: China remains the key risk: coverage notes that improvement is uneven and markets are pricing some weakness, leaving limited margin for error in the release. Nike Stock Struggles Mightily As Wall Street Eyes Earnings, China Progress
NIKE Trading Down 1.3%
NIKE Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Monday, March 2nd will be given a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date is Monday, March 2nd. NIKE’s dividend payout ratio is currently 96.47%.
Analyst Ratings Changes
Several equities analysts have recently issued reports on the stock. Stifel Nicolaus set a $65.00 price target on shares of NIKE and gave the company a “hold” rating in a report on Friday, December 19th. Citigroup reaffirmed a “neutral” rating and issued a $65.00 price objective (down from $70.00) on shares of NIKE in a report on Friday, December 19th. Barclays upgraded shares of NIKE from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $64.00 to $73.00 in a research report on Wednesday, March 11th. Jefferies Financial Group reissued a “buy” rating on shares of NIKE in a research note on Thursday, March 12th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $78.00 target price on shares of NIKE in a research report on Thursday, March 5th. Twenty-two investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, NIKE has an average rating of “Moderate Buy” and an average price target of $73.20.
Insider Buying and Selling
In related news, CEO Elliott Hill bought 16,388 shares of the stock in a transaction on Monday, December 29th. The shares were purchased at an average price of $61.10 per share, with a total value of $1,001,306.80. Following the purchase, the chief executive officer owned 241,587 shares in the company, valued at approximately $14,760,965.70. This represents a 7.28% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.80% of the company’s stock.
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).
Further Reading
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