Equitable Trust Co. Has $1.24 Million Stock Holdings in NIKE, Inc. $NKE

Equitable Trust Co. increased its holdings in shares of NIKE, Inc. (NYSE:NKE) by 215.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 19,415 shares of the footwear maker’s stock after acquiring an additional 13,257 shares during the quarter. Equitable Trust Co.’s holdings in NIKE were worth $1,237,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Guerra Advisors Inc acquired a new position in shares of NIKE during the 3rd quarter worth about $34,000. Gordian Capital Singapore Pte Ltd acquired a new position in shares of NIKE during the 3rd quarter worth about $35,000. Accredited Wealth Management LLC lifted its position in shares of NIKE by 268.6% during the 3rd quarter. Accredited Wealth Management LLC now owns 516 shares of the footwear maker’s stock worth $36,000 after purchasing an additional 376 shares during the last quarter. Matrix Trust Co lifted its position in shares of NIKE by 43.6% during the 4th quarter. Matrix Trust Co now owns 596 shares of the footwear maker’s stock worth $38,000 after purchasing an additional 181 shares during the last quarter. Finally, Ares Financial Consulting LLC acquired a new position in shares of NIKE during the 4th quarter worth about $40,000. Institutional investors and hedge funds own 64.25% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on NKE shares. The Goldman Sachs Group reissued a “neutral” rating and set a $52.00 price objective (down from $76.00) on shares of NIKE in a research report on Wednesday, April 1st. Barclays cut their price objective on NIKE from $73.00 to $67.00 and set an “overweight” rating for the company in a research report on Wednesday, April 1st. BNP Paribas Exane cut their price objective on NIKE from $35.00 to $23.00 and set an “underperform” rating for the company in a research report on Wednesday, April 1st. BTIG Research cut their price objective on NIKE from $90.00 to $75.00 and set a “buy” rating for the company in a research report on Wednesday, April 1st. Finally, Sanford C. Bernstein reissued a “buy” rating on shares of NIKE in a research report on Friday, April 24th. Seventeen analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, NIKE has an average rating of “Hold” and an average target price of $62.34.

Insider Buying and Selling

In related news, CEO Elliott Hill acquired 23,660 shares of the 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 this link. Also, Director Robert Holmes Swan acquired 11,781 shares of the stock in a transaction dated Tuesday, April 7th. The stock was bought at an average price of $42.44 per share, for a total transaction of $499,985.64. Following the completion of the purchase, the director owned 55,074 shares in the company, valued at approximately $2,337,340.56. This trade represents a 27.21% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last 90 days, 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 News Roundup

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: NIKE declared a quarterly dividend of $0.41 per share (record June 1, payable July 1), implying a ~3.8% yield — a cash-return move that can steady income-oriented holders and improve sentiment. (Company release)
• Positive Sentiment: Market commentary is bullish on the dividend and potential restart of growth, arguing the payout signals management confidence in cash flows and could help stabilize the stock. MSN: Dividend Confidence
• Positive Sentiment: Analyst-target commentary highlights a large gap between the current share price and the Wall Street consensus target (~$62), creating a narrative of meaningful upside for value-seeking investors — this thesis can attract bargain hunters and long-only funds. 247wallst: 41% Upside Thesis
• Neutral Sentiment: Berenberg reiterated a “neutral” rating on NKE — a reminder that some brokers remain cautious even as others highlight upside, contributing to mixed analyst signals. MarketScreener: Berenberg Neutral
• Neutral Sentiment: Coverage on NIKE’s wholesale rebuild notes that restoring wholesale relationships is key to market-share recovery but may not immediately offset margin pressure — this is a medium-term operational story rather than an immediate earnings cure. Zacks: Wholesale Rebuild
• Negative Sentiment: Short interest has surged, according to reporting, increasing bets against NIKE and adding pressure on CEO Elliott Hill — elevated shorting can amplify downward moves and heighten volatility. Reuters: Short Bets Surge
• Negative Sentiment: NIKE is under an EEOC probe over DEI practices, a governance/legal overhang that increases execution risk and could weigh on multiple stakeholder relationships while the investigation proceeds. The Motley Fool: EEOC Probe

NIKE Trading Up 1.9%

NKE stock opened at $43.87 on Thursday. NIKE, Inc. has a 1-year low of $42.09 and a 1-year high of $80.17. The firm has a market cap of $64.97 billion, a P/E ratio of 29.05, a P/E/G ratio of 2.28 and a beta of 1.12. The business’s 50 day moving average is $50.56 and its 200-day moving average is $59.30. The company has a current ratio of 2.14, a quick ratio of 1.45 and a debt-to-equity ratio of 0.50.

NIKE (NYSE:NKE) last released its quarterly earnings data on Tuesday, March 31st. The footwear maker reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.06. NIKE had a return on equity of 16.41% and a net margin of 4.84%.The company had revenue of $11.28 billion for the quarter, compared to analyst estimates of $11.23 billion. During the same period in the prior year, the company posted $0.54 EPS. The company’s revenue was up .1% compared to the same quarter last year. Equities analysts anticipate that NIKE, Inc. will post 1.51 earnings per share for the current fiscal year.

NIKE Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 1st will be paid a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 3.7%. The ex-dividend date is Monday, June 1st. NIKE’s dividend payout ratio is currently 108.61%.

NIKE 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).