20,954 Shares in NIKE, Inc. $NKE Purchased by Benedict Financial Advisors Inc.

Benedict Financial Advisors Inc. purchased a new position in shares of NIKE, Inc. (NYSE:NKE) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 20,954 shares of the footwear maker’s stock, valued at approximately $1,335,000.

Other hedge funds have also bought and sold shares of the company. Mizuho Markets Cayman LP bought a new position in NIKE during the third quarter worth about $34,200,000. Exchange Traded Concepts LLC increased its position in NIKE by 697.5% during the third quarter. Exchange Traded Concepts LLC now owns 228,889 shares of the footwear maker’s stock worth $15,960,000 after acquiring an additional 200,187 shares during the period. Strive Asset Management LLC bought a new position in NIKE during the third quarter worth about $1,743,000. Brighton Jones LLC increased its position in NIKE by 54.6% during the third quarter. Brighton Jones LLC now owns 104,791 shares of the footwear maker’s stock worth $7,307,000 after acquiring an additional 37,019 shares during the period. Finally, Park National Corp OH increased its position in NIKE by 81.5% during the fourth quarter. Park National Corp OH now owns 431,055 shares of the footwear maker’s stock worth $27,463,000 after acquiring an additional 193,514 shares during the period. 64.25% of the stock is owned by institutional investors.

More NIKE News

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Top executives and directors executed a rare cluster of purchases near the 52‑week low, which the market is treating as a signal of management confidence and helped lift the stock and volume. Why NIKE Is Up 5.4% After Rare Insider Buying Cluster Near 52-Week Low
• Neutral Sentiment: Several pieces argue the share price looks technically attractive after steep multi‑year declines, but emphasize a split between short‑term technical opportunity and mixed fundamentals — useful for traders but riskier for long‑term buyers. Is Nike (NKE) Now Attractive After Steep Multi Year Share Price Declines
• Negative Sentiment: Zacks Research sharply trimmed near‑term and multi‑year EPS forecasts (multiple quarters and FY2027/FY2028), lowering expectations for earnings recovery — a direct downward revision to the company’s earnings outlook. What is Zacks Research’s Forecast for NIKE FY2026 Earnings?
• Negative Sentiment: HSBC cut NKE to Hold (from Buy) and halved the price target, citing limited visibility and ongoing weakness in Converse, China, EMEA and sportswear — a prominent bank downgrade that pressures sentiment and price targets. HSBC Reduces to Hold from Buy on NIKE, Inc. (NKE)
• Negative Sentiment: Recent earnings and the ensuing ~15% post‑earnings selloff have fueled critical analyst and opinion pieces arguing the stock remains a value trap — these narratives keep downward pressure on sentiment absent clearer operational improvement. What’s next for Nike after a 15% post-earnings drop? 3 Reasons To Keep Staying Away From NIKE

Insider Activity at NIKE

In related news, CEO Elliott Hill purchased 23,660 shares of NIKE stock in a transaction dated Monday, April 13th. The shares were bought at an average cost of $42.27 per share, for a total transaction of $1,000,108.20. Following the purchase, the chief executive officer owned 265,247 shares in the company, valued at approximately $11,211,990.69. This trade represents a 9.79% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John W. Rogers, Jr. purchased 4,000 shares of NIKE stock in a transaction dated Thursday, April 9th. The stock was bought at an average price of $43.34 per share, for a total transaction of $173,360.00. Following the completion of the purchase, the director owned 41,022 shares in the company, valued at $1,777,893.48. This represents a 10.80% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders have purchased 64,441 shares of company stock valued at $2,734,204. 0.80% of the stock is currently owned by company insiders.

NIKE Trading Up 0.8%

Shares of NIKE stock opened at $46.07 on Friday. The firm’s 50-day moving average price is $54.66 and its two-hundred day moving average price is $61.26. NIKE, Inc. has a 12-month low of $42.09 and a 12-month high of $80.17. The company has a quick ratio of 1.45, a current ratio of 2.14 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $68.22 billion, a price-to-earnings ratio of 30.51, a PEG ratio of 2.42 and a beta of 1.31.

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

NIKE Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Monday, March 2nd were paid a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date was Monday, March 2nd. NIKE’s dividend payout ratio (DPR) is presently 108.61%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. KeyCorp reduced their price objective on shares of NIKE from $90.00 to $75.00 and set an “overweight” rating on the stock in a research note on Thursday, January 22nd. Sanford C. Bernstein reiterated a “buy” rating on shares of NIKE in a research note on Wednesday, April 1st. Daiwa Securities Group reduced their price objective on shares of NIKE from $75.00 to $61.00 in a research note on Tuesday, December 23rd. Piper Sandler reiterated a “neutral” rating and set a $50.00 price objective (down from $60.00) on shares of NIKE in a research note on Friday, April 10th. Finally, Stifel Nicolaus reduced their price objective on shares of NIKE from $65.00 to $56.00 and set a “hold” rating on the stock in a research note on Wednesday, April 1st. Seventeen analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $62.34.

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).