SteelPeak Wealth LLC Decreases Stake in NIKE, Inc. $NKE

SteelPeak Wealth LLC reduced its position in NIKE, Inc. (NYSE:NKE) by 84.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 14,511 shares of the footwear maker’s stock after selling 80,897 shares during the period. SteelPeak Wealth LLC’s holdings in NIKE were worth $932,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Udine Wealth Management Inc. purchased a new stake in shares of NIKE during the 4th quarter valued at approximately $2,671,000. Tempus Wealth Planning LLC grew its stake in NIKE by 4.5% in the 4th quarter. Tempus Wealth Planning LLC now owns 7,686 shares of the footwear maker’s stock valued at $490,000 after buying an additional 334 shares in the last quarter. Aberdeen Group plc raised its holdings in NIKE by 3.9% during the 4th quarter. Aberdeen Group plc now owns 1,914,243 shares of the footwear maker’s stock valued at $121,956,000 after acquiring an additional 72,681 shares during the period. Abacus Planning Group Inc. lifted its position in shares of NIKE by 30.9% during the fourth quarter. Abacus Planning Group Inc. now owns 5,199 shares of the footwear maker’s stock worth $331,000 after acquiring an additional 1,227 shares in the last quarter. Finally, Crew Capital Management Ltd lifted its position in shares of NIKE by 4.8% during the fourth quarter. Crew Capital Management Ltd now owns 16,206 shares of the footwear maker’s stock worth $1,032,000 after acquiring an additional 741 shares in the last quarter. 64.25% of the stock is owned by hedge funds and other institutional investors.

NIKE Trading Up 0.0%

Shares of NKE stock opened at $44.20 on Monday. The company has a market capitalization of $65.43 billion, a PE ratio of 29.27, a price-to-earnings-growth ratio of 2.34 and a beta of 1.31. NIKE, Inc. has a 52-week low of $43.17 and a 52-week high of $80.17. The business’s fifty day moving average is $58.43 and its 200 day moving average is $63.06. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.40 and a current ratio of 2.14.

NIKE (NYSE:NKE) last posted its earnings results on Tuesday, March 31st. The footwear maker reported $0.35 EPS for the quarter, topping the consensus estimate of $0.29 by $0.06. The business had revenue of $11.28 billion during the quarter, compared to analysts’ expectations of $11.23 billion. NIKE had a return on equity of 16.41% and a net margin of 4.84%.The firm’s revenue was up .1% on a year-over-year basis. During the same period in the previous year, the business earned $0.54 earnings per share. On average, equities research analysts anticipate that NIKE, Inc. will post 2.05 EPS for the current fiscal year.

NIKE Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Investors of record on Monday, March 2nd were given a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Monday, March 2nd. NIKE’s dividend payout ratio is 108.61%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Williams Trading reduced their price target on NIKE from $80.00 to $57.00 and set a “buy” rating for the company in a research report on Wednesday, April 1st. Truist Financial cut their target price on NIKE from $69.00 to $57.00 and set a “buy” rating for the company in a research note on Wednesday, April 1st. Sanford C. Bernstein reaffirmed a “buy” rating on shares of NIKE in a report on Wednesday, April 1st. Telsey Advisory Group decreased their price target on NIKE from $65.00 to $55.00 and set a “market perform” rating on the stock in a research report on Wednesday, April 1st. Finally, Argus lowered their price target on shares of NIKE from $85.00 to $70.00 in a report on Tuesday, December 23rd. Nineteen investment analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, NIKE presently has an average rating of “Moderate Buy” and an average target price of $63.42.

NIKE News Roundup

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Dividend streak nears Dividend Aristocrat status — Nike paid a $0.41 quarterly dividend on April 1, 2026, marking 24 consecutive years of increases, which keeps income-oriented investors anchored to the stock. Can Nike Limp Across the Finish Line to Dividend Aristocrat Status?
• Positive Sentiment: Some firms still hold bullish/neutral views — DZ Bank reaffirmed a buy rating and Guggenheim left a $74 target, providing a limited positive counterpoint for longer‑term holders. DZ Bank Reiterates Buy Guggenheim $74 PT
• Neutral Sentiment: Mixed earnings read: Nike slightly beat EPS estimates but management’s guidance and commentary signaled a longer turnaround, making the near‑term outlook unclear for investors. Earnings and Guidance Summary
• Neutral Sentiment: Some analysts and outlets flag the stock as deeply oversold and a possible buy‑the‑dip candidate, but emphasize structural risks that could keep pressure on the shares. Oversold / Buy‑the‑Dip Coverage
• Negative Sentiment: Widespread analyst downgrades and price‑target cuts — multiple firms (Goldman Sachs, BofA, DA Davidson, Barclays, Truist, China Renaissance, Evercore ISI and others) have cut ratings or lowered targets, pressuring sentiment and amplifying selling. Goldman Sachs Downgrade
• Negative Sentiment: Weak forward guidance from the Q3 call drove a sharp intra‑day selloff (reports of ~15% declines after the update) as management signaled revenue and margin headwinds will persist. Earnings Call Highlights
• Negative Sentiment: China demand and direct‑to‑consumer (DTC) execution remain key trouble spots — several articles highlight that China weakness and a DTC reset are major drivers of the slowdown. China/DTC Coverage
• Negative Sentiment: Margin pressure from tariffs, restructuring costs and inventory moves could crimp profits even if revenue stabilizes, per margin‑analysis pieces. Margin Pressure Analysis
• Negative Sentiment: Shareholder litigation inquiry — a law firm is investigating potential misstatements around DTC strategy and disclosures, which adds legal risk and could prolong volatility. Investor Litigation Notice
• Negative Sentiment: Technical/market signals: the stock hit multi‑year lows on heavy volume and faces a weakened analyst consensus, increasing the chance of further downside until clearer signs of a sustained recovery appear. MarketBeat Analysis

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).