NIKE, Inc. $NKE Stock Holdings Lessened by Loring Wolcott & Coolidge Fiduciary Advisors LLP MA

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lessened its stake in NIKE, Inc. (NYSE:NKE) by 52.5% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 320,822 shares of the footwear maker’s stock after selling 354,003 shares during the quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings in NIKE were worth $11,357,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in NKE. FAS Wealth Partners Inc. increased its holdings in NIKE by 4.2% during the first quarter. FAS Wealth Partners Inc. now owns 6,109 shares of the footwear maker’s stock worth $323,000 after buying an additional 249 shares during the last quarter. Elevation Wealth Partners LLC raised its position in NIKE by 34.6% during the second quarter. Elevation Wealth Partners LLC now owns 989 shares of the footwear maker’s stock worth $41,000 after acquiring an additional 254 shares in the last quarter. Midwest Professional Planners LTD. raised its position in NIKE by 1.5% during the first quarter. Midwest Professional Planners LTD. now owns 17,904 shares of the footwear maker’s stock worth $946,000 after acquiring an additional 266 shares in the last quarter. Advance Capital Management Inc. lifted its stake in NIKE by 7.1% in the first quarter. Advance Capital Management Inc. now owns 4,203 shares of the footwear maker’s stock valued at $222,000 after acquiring an additional 279 shares during the last quarter. Finally, Elmwood Wealth Management Inc. lifted its stake in NIKE by 2.7% in the second quarter. Elmwood Wealth Management Inc. now owns 10,666 shares of the footwear maker’s stock valued at $438,000 after acquiring an additional 279 shares during the last quarter. 64.25% of the stock is owned by institutional investors.

NIKE Stock Performance

NYSE:NKE opened at $37.31 on Monday. The stock has a 50 day simple moving average of $37.12 and a 200 day simple moving average of $41.26. The stock has a market cap of $55.42 billion, a P/E ratio of 17.94, a PEG ratio of 4.37 and a beta of 1.09. NIKE, Inc. has a 1-year low of $31.97 and a 1-year high of $70.44. The company has a current ratio of 2.07, a quick ratio of 1.39 and a debt-to-equity ratio of 0.39.

NIKE (NYSE:NKE) last issued its quarterly earnings data on Thursday, October 1st. The footwear maker reported $0.48 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.05. NIKE had a return on equity of 15.94% and a net margin of 6.74%. The firm had revenue of $11.21 billion for the quarter, compared to analyst estimates of $11.32 billion. During the same period in the prior year, the firm posted $0.49 EPS. The company’s revenue for the quarter was down 4.3% on a year-over-year basis. NIKE has set its FY 2027 guidance at 1.150-1.350 EPS. Research analysts anticipate that NIKE, Inc. will post 1.22 earnings per share for the current year.

NIKE Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Tuesday, September 1st were issued a dividend of $0.41 per share. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $1.64 dividend on an annualized basis and a dividend yield of 4.4%. NIKE’s dividend payout ratio (DPR) is currently 78.85%.

Analysts Set New Price Targets

A number of brokerages have recently commented on NKE. BNP Paribas Exane set a $19.00 price objective on shares of NIKE and gave the company an “underperform” rating in a research report on Friday, October 2nd. Argus upgraded shares of NIKE to a “strong-buy” rating in a research note on Wednesday, July 15th. Royal Bank Of Canada dropped their target price on shares of NIKE from $45.00 to $40.00 and set a “sector perform” rating on the stock in a report on Tuesday, September 29th. Needham & Company LLC reiterated a “hold” rating on shares of NIKE in a research note on Friday, October 2nd. Finally, Jefferies Financial Group set a $60.00 target price on shares of NIKE in a research note on Friday, October 2nd. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, twenty-one have assigned a Hold rating and eleven have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus target price of $40.93.

Insider Buying and Selling at NIKE

In other news, insider Amy Montagne sold 4,867 shares of the business’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $42.05, for a total value of $204,657.35. Following the completion of the sale, the insider owned 57,436 shares of the company’s stock, valued at approximately $2,415,183.80. The trade was a 7.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Venkatesh Alagirisamy sold 3,671 shares of the company’s stock in a transaction dated Wednesday, September 9th. The shares were sold at an average price of $37.59, for a total transaction of $137,992.89. Following the completion of the transaction, the chief operating officer owned 104,862 shares in the company, valued at $3,941,762.58. This trade represents a 3.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 14,974 shares of company stock worth $600,126. Insiders own 1.10% of the company’s stock.

Key Headlines Impacting NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Guggenheim and BTIG Research reaffirmed Buy ratings and $50 price targets, implying substantial upside from current levels. Barclays also raised its target to $45 and said the shares may be near a bottom. Guggenheim rating Barclays raises Nike price target
• Positive Sentiment: Investors continue to look for evidence that Nike’s brand reset is gaining traction. Recent quarterly earnings exceeded EPS expectations, while rebuilding wholesale relationships and managing inventory could support a longer-term recovery. Nike turnaround article
• Positive Sentiment: Nike plans to bring back a popular retro lifestyle shoe next year, a move that could provide incremental support for consumer interest and its lifestyle business. Nike retro shoe return
• Neutral Sentiment: Nike will hold an Investor Day on November 16–17, with key presentations webcast on November 17. Investors may look for updated targets and details on the turnaround strategy. Nike 2026 Investor Day webcast
• Negative Sentiment: Wolfe Research initiated coverage with an Underperform rating and a $28 price target, citing roughly 25% potential downside. The sharply lower target adds to investor concerns about the pace of earnings recovery.
• Negative Sentiment: A sector-wide retail selloff pushed athletic-apparel stocks lower, with Nike declining alongside Lululemon and Under Armour. This indicates broader concerns about discretionary consumer demand, not solely company-specific weakness. Athletic apparel stock selloff
• Negative Sentiment: Analysts remain concerned about slowing digital sales, weaker direct-to-consumer performance in Greater China, ongoing sales declines and continued competitive pressure in China. UBS maintained a Neutral rating, underscoring uncertainty over the recovery timeline. Nike digital sales slowdown

About NIKE

NIKE, Inc is a global athletic footwear, apparel, equipment and accessories company headquartered near Beaverton, Oregon. The company designs, develops, markets and sells products under the Nike, Jordan and Converse brands, serving athletes and consumers across a broad range of sports and lifestyle categories.

NIKE’s product portfolio includes athletic and casual footwear, performance and lifestyle apparel, sports equipment, accessories and digital fitness-related offerings. The company distributes its products through company-owned retail stores, digital platforms and wholesale partners, while also operating direct-to-consumer and membership programs.

The company traces its origins to 1964, when Phil Knight and Bill Bowerman founded Blue Ribbon Sports.