Crossmark Global Holdings Inc. Has $4.51 Million Position in NIKE, Inc. $NKE

Crossmark Global Holdings Inc. decreased its holdings in shares of NIKE, Inc. (NYSE:NKE) by 76.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 64,698 shares of the footwear maker’s stock after selling 204,422 shares during the period. Crossmark Global Holdings Inc.’s holdings in NIKE were worth $4,511,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in NKE. Vanguard Group Inc. lifted its holdings in shares of NIKE by 1.3% in the third quarter. Vanguard Group Inc. now owns 115,291,199 shares of the footwear maker’s stock valued at $8,039,255,000 after purchasing an additional 1,467,414 shares in the last quarter. State Street Corp grew its holdings in shares of NIKE by 2.8% in the second quarter. State Street Corp now owns 59,154,159 shares of the footwear maker’s stock valued at $4,225,441,000 after acquiring an additional 1,590,603 shares in the last quarter. Invesco Ltd. grew its holdings in shares of NIKE by 66.1% in the second 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 in the last quarter. Jennison Associates LLC increased its position in shares of NIKE by 42.3% during the third quarter. Jennison Associates LLC now owns 11,838,528 shares of the footwear maker’s stock valued at $825,501,000 after acquiring an additional 3,518,666 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of NIKE during the second quarter valued at approximately $835,063,000. 64.25% of the stock is owned by institutional investors.

NIKE News Roundup

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: RBC/other analysts still see recovery potential, particularly from China, and some firms reaffirm bullish long‑term views (RBC’s thesis supports upside to the stock). Nike Faces China Recovery as Key Growth Driver, RBC Says
• Positive Sentiment: Bullish writeups (Rebound Capital summaries syndicated to retail sites) argue NKE’s multiple and brand strength make it a buy for investors positioning for a turnaround. Is NIKE, Inc. (NKE) Stock A Good Buy Right Now?
• Neutral Sentiment: Stifel Nicolaus and other houses are taking cautious stances (e.g., hold ratings remain), reflecting mixed near‑term visibility even as some firms set higher price targets. Stifel Nicolaus Sticks to Its Hold Rating for Nike (NKE)
• Neutral Sentiment: Analyst roundups offer mixed takes on consumer cyclicals (Nike included); these compilations add little immediate catalyst but reflect diverging views on timing of the recovery. Analysts Offer Insights on Consumer Cyclical Companies
• Neutral Sentiment: Reports suggest Nike may consider strategic moves around the Converse business — this is speculative and could be either positive (streamlining/non‑core sale) or negative (execution risk/one‑time costs). ‘Nike Could Exit Converse,’ Says BNP Paribas
• Negative Sentiment: NIKE announced ~ $300M in pre‑tax restructuring/severance charges tied to organizational changes and recent layoffs; management signals ongoing cost realignment that will pressure near‑term results and prompted the stock pullback. Nike to Record $300 Million Charge From Cost‑Cutting Efforts (WSJ)
• Negative Sentiment: Multiple outlets highlight the same $300M severance hit and note CEO Elliott Hill’s restructuring could include additional cuts — increasing short‑term execution and margin risk. Nike Restructuring And Severance Charge Test Turnaround Under New CEO

NIKE Price Performance

NYSE:NKE opened at $57.01 on Friday. The stock has a fifty day moving average of $63.26 and a 200 day moving average of $66.47. The firm has a market capitalization of $84.40 billion, a price-to-earnings ratio of 33.54, a P/E/G ratio of 2.97 and a beta of 1.27. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.40 and a current ratio of 2.06. NIKE, Inc. has a 52-week low of $52.28 and a 52-week high of $80.19.

NIKE (NYSE:NKE) last announced its earnings results on Thursday, December 18th. The footwear maker reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.16. The business had revenue of $12.43 billion during 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%. NIKE’s revenue for the quarter was up .6% on a year-over-year basis. During the same period in the previous year, the business posted $0.78 earnings per share. On average, research analysts expect that NIKE, Inc. will post 2.05 EPS for the current fiscal year.

NIKE Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Monday, March 2nd will be paid a dividend of $0.41 per share. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $1.64 annualized dividend and a dividend yield of 2.9%. NIKE’s dividend payout ratio (DPR) is 96.47%.

Insider Transactions at NIKE

In other NIKE news, CEO Elliott Hill bought 16,388 shares of NIKE stock in a transaction that occurred on Monday, December 29th. The shares were bought at an average price of $61.10 per share, with a total value of $1,001,306.80. Following the acquisition, the chief executive officer owned 241,587 shares in the company, valued at approximately $14,760,965.70. This trade represents a 7.28% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robert Holmes Swan acquired 8,691 shares of the firm’s stock in a transaction dated Monday, December 22nd. The stock was bought at an average price of $57.54 per share, for a total transaction of $500,080.14. Following the acquisition, the director owned 43,293 shares of the company’s stock, valued at approximately $2,491,079.22. This trade represents a 25.12% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders acquired 75,079 shares of company stock worth $4,449,887. 0.80% of the stock is currently owned by insiders.

Analysts Set New Price Targets

NKE has been the topic of several research analyst reports. Raymond James Financial reissued a “market perform” rating on shares of NIKE in a research report on Monday, December 15th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $78.00 target price on shares of NIKE in a research report on Thursday. Barclays reiterated a “neutral” rating on shares of NIKE in a research note on Thursday, January 15th. Bank of America reduced their target price on shares of NIKE from $84.00 to $73.00 and set a “buy” rating for the company in a research note on Friday, December 19th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $110.00 price objective on shares of NIKE in a report on Monday, January 12th. Twenty-two investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $74.61.

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).