MH & Associates Securities Management Corp ADV Buys 68,292 Shares of NIKE, Inc. $NKE

MH & Associates Securities Management Corp ADV bought a new stake in NIKE, Inc. (NYSE:NKE) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 68,292 shares of the footwear maker’s stock, valued at approximately $2,418,000. NIKE makes up approximately 2.1% of MH & Associates Securities Management Corp ADV’s holdings, making the stock its 24th biggest holding.

A number of other hedge funds and other institutional investors also recently made changes to their positions in NKE. Rakuten Investment Management Inc. increased its position in NIKE by 10.1% in the 3rd quarter. Rakuten Investment Management Inc. now owns 217,296 shares of the footwear maker’s stock valued at $7,788,000 after acquiring an additional 19,941 shares in the last quarter. Provenance Wealth Advisors LLC acquired a new position in shares of NIKE during the third quarter worth approximately $575,000. Associated Banc Corp acquired a new position in shares of NIKE during the third quarter worth approximately $308,000. Integrity Advisory Solutions LLC lifted its position in shares of NIKE by 4.3% during the third quarter. Integrity Advisory Solutions LLC now owns 9,180 shares of the footwear maker’s stock worth $325,000 after purchasing an additional 381 shares in the last quarter. Finally, IPG Investment Advisors LLC acquired a new position in shares of NIKE during the third quarter worth approximately $214,000. 64.25% of the stock is currently owned by institutional investors and hedge funds.

NIKE News Summary

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: A market-wide rebound in beaten-down consumer stocks helped lift Nike alongside peers; the move appears driven more by improving sector sentiment than by a new Nike-specific announcement. Article: Nike Climbs as Dow Rally Lifts Consumer Stocks
• Neutral Sentiment: Nike’s Sport Offense reset, fresh product launches and focus on performance categories could help restore momentum and protect full-price sales. However, the strategy’s success remains unproven, and weakness in Sportswear is still a concern. Article: NIKE’s Product Reset
• Neutral Sentiment: Stifel reiterated its Hold rating ahead of Investor Day, signaling limited conviction in the near-term upside. The event could provide investors with more detail on Nike’s turnaround plans. Article: Stifel Reiterates Hold Rating on Nike into Investor Day
• Negative Sentiment: Recent gains may have made the risk-reward less attractive, according to one analysis, despite Nike’s still-high dividend yield. That reflects ongoing concern that the recovery may take time. Article: Nike’s Dividend Yield Is Still Attractive, But I Can’t Say the Same About NKE Stock
• Negative Sentiment: Turnaround risks persist: coverage notes sales and near-term earnings pressure, with fiscal 2027 sales expected to decline. Product launches and restructuring may help, but investors are still waiting for evidence of a sustained recovery. Article: Will Product Reset Change Nike’s Narrative

NIKE Stock Up 5.2%

Shares of NIKE stock opened at $40.48 on Thursday. The company has a quick ratio of 1.39, a current ratio of 2.07 and a debt-to-equity ratio of 0.39. NIKE, Inc. has a 12 month low of $31.97 and a 12 month high of $69.14. The business has a fifty day simple moving average of $36.88 and a 200 day simple moving average of $45.88. The stock has a market cap of $60.13 billion, a PE ratio of 19.46, a price-to-earnings-growth ratio of 4.49 and a beta of 1.01.

NIKE (NYSE:NKE) last released 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. The business had revenue of $11.21 billion during the quarter, compared to the consensus estimate of $11.32 billion. NIKE had a return on equity of 15.94% and a net margin of 6.74%. The firm’s revenue was down 4.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.49 earnings per share. NIKE has set its FY 2027 guidance at 1.150-1.350 EPS. Research analysts predict that NIKE, Inc. will post 1.22 EPS for the current year.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Oppenheimer set a $52.00 price target on shares of NIKE and gave the company an “outperform” rating in a report on Wednesday, September 23rd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $33.00 price objective on shares of NIKE in a report on Friday, October 9th. Royal Bank Of Canada decreased their price objective on NIKE from $45.00 to $40.00 and set a “sector perform” rating on the stock in a research report on Tuesday, September 29th. Williams Trading cut NIKE from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 2nd. Finally, Guggenheim reissued a “buy” rating and issued a $50.00 target price on shares of NIKE in a research note on Thursday, October 22nd. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, twenty-one have assigned a Hold rating and eleven have issued a Sell rating to the company. Based on data from MarketBeat.com, NIKE currently has a consensus rating of “Reduce” and a consensus price target of $40.93.

Insider Buying and Selling at NIKE

In other news, EVP Philip McCartney sold 2,559 shares of the business’s stock in a transaction on Wednesday, September 9th. The shares were sold at an average price of $37.59, for a total value of $96,192.81. Following the completion of the transaction, the executive vice president owned 78,121 shares of the company’s stock, valued at $2,936,568.39. The trade was a 3.17% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Venkatesh Alagirisamy sold 3,671 shares of the company’s stock in a transaction on 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 sale, the chief operating officer owned 104,862 shares of the company’s stock, valued at approximately $3,941,762.58. This represents a 3.38% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 11,097 shares of company stock valued at $438,843. Corporate insiders own 1.10% of the company’s stock.

NIKE Company Profile

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.