Huntington National Bank lowered its position in shares of NIKE, Inc. (NYSE:NKE – Free Report) by 26.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 95,237 shares of the footwear maker’s stock after selling 33,592 shares during the quarter. Huntington National Bank’s holdings in NIKE were worth $6,641,000 as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of the company. Main Street Financial Solutions LLC grew its holdings in shares of NIKE by 4.2% in the 2nd quarter. Main Street Financial Solutions LLC now owns 3,441 shares of the footwear maker’s stock valued at $244,000 after buying an additional 139 shares during the period. St. Clair Advisors LLC lifted its holdings in NIKE by 0.9% during the third quarter. St. Clair Advisors LLC now owns 15,217 shares of the footwear maker’s stock worth $1,061,000 after acquiring an additional 140 shares in the last quarter. Spirepoint Private Client LLC lifted its holdings in NIKE by 0.4% during the third quarter. Spirepoint Private Client LLC now owns 36,140 shares of the footwear maker’s stock worth $2,520,000 after acquiring an additional 153 shares in the last quarter. Evelyn Partners Investment Management Europe Ltd grew its stake in NIKE by 18.5% in the second quarter. Evelyn Partners Investment Management Europe Ltd now owns 997 shares of the footwear maker’s stock valued at $71,000 after acquiring an additional 156 shares during the period. Finally, CVA Family Office LLC increased its holdings in shares of NIKE by 8.0% in the third quarter. CVA Family Office LLC now owns 2,113 shares of the footwear maker’s stock worth $147,000 after acquiring an additional 156 shares in the last quarter. Institutional investors own 64.25% of the company’s stock.
NIKE Price Performance
NYSE NKE opened at $62.17 on Friday. The firm’s 50 day moving average is $63.30 and its 200-day moving average is $67.03. The company has a quick ratio of 1.40, a current ratio of 2.06 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $92.04 billion, a PE ratio of 36.57, a price-to-earnings-growth ratio of 3.18 and a beta of 1.27. NIKE, Inc. has a 12-month low of $52.28 and a 12-month high of $80.96.
NIKE Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Monday, March 2nd will be issued a $0.41 dividend. The ex-dividend date is Monday, March 2nd. This represents a $1.64 annualized dividend and a dividend yield of 2.6%. NIKE’s dividend payout ratio (DPR) is presently 96.47%.
More NIKE News
Here are the key news stories impacting NIKE this week:
- Positive Sentiment: Industry reports highlight NIKE as well-positioned to benefit from premiumization and digital demand, which supports medium-term revenue/mix improvement. 5 Shoes & Retail Apparel Stocks Capitalizing on Premiumization Trends
- Positive Sentiment: Market commentators include NKE among names that could stage retail comebacks, reflecting investor interest in a brand recovery story. Can These 3 Names Be 2026’s Biggest Retail Comebacks?
- Positive Sentiment: Feature pieces arguing the “noise has died down” and highlighting longer-term catalysts (inventory cleanup, North America strength) may support buyers looking past near-term volatility. Here’s Why I’m Looking at Nike Stock
- Neutral Sentiment: NIKE rescheduled its Q3 fiscal 2026 earnings release and conference call to March 31 (logistical update that affects timing/visibility but is not new financial information). Company Earnings Release Update
- Neutral Sentiment: Zacks and other outlets note heavy investor attention on NKE, summarizing mixed near-term headwinds and longer-term positives — useful situational context for traders. Zacks: Nike is Attracting Investor Attention
- Negative Sentiment: BNP Paribas flags Pou Sheng’s profit warning as a signal that Chinese demand may be weaker than expected and suggests Nike could face a major China update; that uncertainty is pressuring sentiment. BNP Paribas on Pou Sheng Profit Warning
- Negative Sentiment: Analyst downgrades and Seeking Alpha write-ups point to profit deterioration (Greater China revenue decline, margin compression) and trimmed ratings, which can accelerate selling pressure. Seeking Alpha Downgrade
- Negative Sentiment: Reports on tariff shifts and costly supply-chain moves (including Japan clean-energy and manufacturing trade-offs) highlight margin risk and higher costs that could temper near-term earnings. Nike Balances Japan Clean Energy Push
Insider Activity at NIKE
In related news, Director Robert Holmes Swan purchased 8,691 shares of NIKE stock in a transaction that occurred on Monday, December 22nd. The stock was purchased at an average cost of $57.54 per share, with a total value of $500,080.14. Following the completion of the transaction, 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 purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Timothy D. Cook purchased 50,000 shares of the firm’s stock in a transaction on Monday, December 22nd. The stock was bought at an average price of $58.97 per share, with a total value of $2,948,500.00. Following the completion of the purchase, the director owned 105,480 shares of the company’s stock, valued at approximately $6,220,155.60. This represents a 90.12% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders have purchased 75,079 shares of company stock valued at $4,449,887. 0.80% of the stock is owned by insiders.
Analyst Ratings Changes
Several equities analysts recently issued reports on NKE shares. Barclays reiterated a “neutral” rating on shares of NIKE in a research report on Thursday, January 15th. Citigroup reaffirmed a “neutral” rating and issued a $65.00 price target (down from $70.00) on shares of NIKE in a research note on Friday, December 19th. Bank of America lowered their price objective on shares of NIKE from $84.00 to $73.00 and set a “buy” rating for the company in a research report on Friday, December 19th. Robert W. Baird dropped their price objective on shares of NIKE from $93.00 to $85.00 and set an “outperform” rating on the stock in a report on Friday, December 19th. Finally, The Goldman Sachs Group cut their price objective on shares of NIKE from $77.00 to $76.00 and set a “buy” rating on the stock in a research report on Thursday, January 29th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, NIKE currently has an average rating of “Moderate Buy” and a consensus target price of $74.61.
Read Our Latest Research Report on NKE
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).
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