NIKE, Inc. $NKE Shares Acquired by Retirement Systems of Alabama

Retirement Systems of Alabama lifted its stake in shares of NIKE, Inc. (NYSE:NKE) by 14.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,130,383 shares of the footwear maker’s stock after purchasing an additional 146,681 shares during the quarter. Retirement Systems of Alabama owned about 0.08% of NIKE worth $72,017,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of NKE. Twin Peaks Wealth Advisors LLC purchased a new position in NIKE in the 2nd quarter valued at $31,000. Guerra Advisors Inc purchased a new position in NIKE during the 3rd quarter worth $34,000. Gordian Capital Singapore Pte Ltd acquired a new stake in shares of NIKE in the 3rd quarter worth $35,000. Accredited Wealth Management LLC lifted its stake in shares of NIKE by 268.6% in the 3rd quarter. Accredited Wealth Management LLC now owns 516 shares of the footwear maker’s stock worth $36,000 after acquiring an additional 376 shares during the period. Finally, Matrix Trust Co boosted its holdings in shares of NIKE by 43.6% in the fourth quarter. Matrix Trust Co now owns 596 shares of the footwear maker’s stock valued at $38,000 after acquiring an additional 181 shares in the last quarter. 64.25% of the stock is owned by institutional investors and hedge funds.

More NIKE News

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Jefferies keeps a Buy rating and a $110 price target, arguing Nike’s “Win Now” turnaround shows steady progress and implying significant upside if execution improves. Nike to report third quarter earning amid turnaround momentum: Jefferies
• Positive Sentiment: Some commentators say a double beat in Q3 earnings could restore confidence — investors are watching the print for signs the turnaround is real. Nike Q3 Preview: ‘Maybe There Is Hope,’ Says Expert After Stock Hits 9-Year Low
• Neutral Sentiment: Market calendars and previews emphasize Q3 is pivotal; analysts and outlets outline consensus expectations (weaker revenue and EPS) and key metrics investors will track — China sales, gross margins, and digital trends. Nike (NKE) To Report Earnings Tomorrow: Here Is What To Expect
• Neutral Sentiment: Analyst pieces and “should you buy” stories note the stock is cheaper than in years, prompting some value-oriented interest — but they stress this is contingent on a credible operational turnaround. Nike Stock Hasn’t Been This Cheap Since 2017. Is It a No-Brainer Buy?
• Negative Sentiment: Reuters reports Nike’s China stumble reflects execution gaps amid fierce domestic competition and a cooling consumer — that directly threatens revenue growth in a key region. Nike’s China stumble exposes execution gaps
• Negative Sentiment: Several outlets (CNBC, MarketWatch, Yahoo, Zacks) emphasize Nike has “a lot to prove” and that consensus expects falling revenue/EPS — weakness in China, tariff headwinds, and digital softness are central risks ahead of the print. Nike has a lot to prove to keep investors in its corner. Here’s where it needs to start
• Negative Sentiment: Coverage notes the stock is at multi‑year lows and has fallen sharply over recent months, increasing downside risk if Q3 fails to show clear margin and demand improvement. Nike’s stock is at 9-year lows ahead of earnings

Analysts Set New Price Targets

NKE has been the topic of a number of recent analyst reports. Stifel Nicolaus set a $65.00 price target on shares of NIKE and gave the stock a “hold” rating in a research note on Friday, December 19th. The Goldman Sachs Group reduced their price objective on shares of NIKE from $77.00 to $76.00 and set a “buy” rating for the company in a research report on Thursday, January 29th. Williams Trading dropped their target price on NIKE from $100.00 to $80.00 and set a “buy” rating on the stock in a research report on Friday, December 19th. Berenberg Bank reissued a “neutral” rating and set a $70.00 target price on shares of NIKE in a research note on Friday, December 19th. Finally, Robert W. Baird decreased their price target on NIKE from $93.00 to $85.00 and set an “outperform” rating on the stock in a research note on Friday, December 19th. Twenty-two equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $73.20.

NIKE Stock Down 0.2%

NKE stock opened at $51.27 on Tuesday. NIKE, Inc. has a 52 week low of $50.95 and a 52 week high of $80.17. The company has a current ratio of 2.06, a quick ratio of 1.40 and a debt-to-equity ratio of 0.50. The company has a market cap of $75.90 billion, a P/E ratio of 30.16, a P/E/G ratio of 2.70 and a beta of 1.27. The company’s 50-day moving average price is $59.90 and its 200 day moving average price is $63.80.

NIKE Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Investors 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 dividend on an annualized basis and a dividend yield of 3.2%. NIKE’s dividend payout ratio is currently 96.47%.

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).