KLCM Advisors Inc. Reduces Stock Position in NIKE, Inc. $NKE

KLCM Advisors Inc. cut its holdings in NIKE, Inc. (NYSE:NKE) by 8.8% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 148,314 shares of the footwear maker’s stock after selling 14,310 shares during the period. NIKE comprises 1.0% of KLCM Advisors Inc.’s holdings, making the stock its 28th largest holding. KLCM Advisors Inc.’s holdings in NIKE were worth $10,342,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in NKE. Twin Peaks Wealth Advisors LLC bought a new stake in shares of NIKE in the 2nd quarter valued at approximately $31,000. Guerra Advisors Inc bought a new position in NIKE during the third quarter valued at $34,000. Gordian Capital Singapore Pte Ltd bought a new stake in shares of NIKE in the 3rd quarter worth about $35,000. Accredited Wealth Management LLC boosted its stake 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 period. Finally, Abich Financial Wealth Management LLC purchased a new stake in NIKE in the 3rd quarter worth about $43,000. Hedge funds and other institutional investors own 64.25% of the company’s stock.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Daiwa Securities Group dropped their target price on NIKE from $75.00 to $61.00 in a research report on Tuesday, December 23rd. The Goldman Sachs Group reduced their price target on NIKE from $77.00 to $76.00 and set a “buy” rating on the stock in a report on Thursday, January 29th. Piper Sandler set a $75.00 price target on NIKE and gave the stock an “overweight” rating in a research note on Friday, December 19th. BNP Paribas Exane cut their price objective on NIKE from $38.00 to $35.00 and set an “underperform” rating on the stock in a research report on Friday, December 19th. Finally, JPMorgan Chase & Co. reduced their target price on NIKE from $100.00 to $86.00 and set a “buy” rating on the stock in a research note on Monday, November 17th. Twenty-three research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $74.90.

NIKE Stock Down 0.7%

Shares of NYSE:NKE opened at $55.70 on Thursday. NIKE, Inc. has a 52-week low of $52.28 and a 52-week high of $80.17. The stock has a market cap of $82.45 billion, a P/E ratio of 32.76, a price-to-earnings-growth ratio of 2.87 and a beta of 1.27. The business’s 50 day moving average is $62.91 and its 200 day moving average is $65.96. The company has a quick ratio of 1.40, a current ratio of 2.06 and a debt-to-equity ratio of 0.50.

NIKE (NYSE:NKE) last issued its earnings results on Thursday, December 18th. The footwear maker reported $0.53 earnings per share for the quarter, beating analysts’ consensus estimates of $0.37 by $0.16. NIKE had a return on equity of 18.43% and a net margin of 5.43%.The business had revenue of $12.43 billion during the quarter, compared to analyst estimates of $12.19 billion. During the same period in the previous year, the company posted $0.78 EPS. NIKE’s revenue was up .6% on a year-over-year basis. Sell-side analysts predict that NIKE, Inc. will post 2.05 EPS for the current year.

NIKE Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Monday, March 2nd will be issued a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 2.9%. The ex-dividend date is Monday, March 2nd. NIKE’s dividend payout ratio is presently 96.47%.

Insider Buying and Selling at NIKE

In other NIKE news, CEO Elliott Hill bought 16,388 shares of the business’s stock in a transaction on Monday, December 29th. The shares were acquired at an average price of $61.10 per share, with a total value of $1,001,306.80. Following the transaction, the chief executive officer owned 241,587 shares of the company’s stock, valued at approximately $14,760,965.70. This trade represents a 7.28% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Robert Holmes Swan purchased 8,691 shares of the stock in a transaction dated Monday, December 22nd. The stock was acquired at an average cost of $57.54 per share, with a total value of $500,080.14. Following the transaction, the director directly owned 43,293 shares in the company, valued at approximately $2,491,079.22. This trade represents a 25.12% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders have acquired 75,079 shares of company stock valued at $4,449,887. Company insiders own 0.80% of the company’s stock.

More NIKE News

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Barclays upgraded NKE to Overweight and raised its price target to $73, arguing Nike has likely reached a “fundamental bottom” driven by a North America channel reset, improving wholesale orders and early product momentum. Nike lands an ‘unconventional upgrade’ from Wall Street. Why we’re still believers too
• Positive Sentiment: MarketBeat and other coverage highlight operational progress: strong North America wholesale growth, cleaner inventory, and renewed product sell-through — factors Barclays and other bulls cite as the foundation for a rebound. Just Buy It? Barclays Thinks Nike Is Ready to Run
• Neutral Sentiment: Several valuation pieces and screeners point out the stock’s steep pullback (YTD and multi-year losses), prompting debate whether current prices already embed the risks or present a buying opportunity. Has Nike (NKE) Fallen Enough After Multi Year Share Price Slump To Look Interesting
• Neutral Sentiment: Other firms (e.g., RBC) continue to view Nike as a recovery candidate — reiterating positive ratings and higher targets — so analyst views remain mixed but tilted toward a potential rebound. RBC Capital Markets Sees Path to Growth for Nike (NKE), Reiterates Outperform Rating
• Negative Sentiment: Bearish commentary and “sell” lists emphasize persistent risks: weak Greater China results, ongoing pressure at Converse, margin impacts from tariffs and the need for multi-quarter fixes — arguments that have driven the recent prolonged share decline. 3 Reasons to Sell NKE and 1 Stock to Buy Instead
• Negative Sentiment: Short-term price action has been volatile (multi-day losing streaks and heavy YTD/1-yr losses), reflecting that market confidence will need sustained evidence of margin recovery and stabilization in China to reverse the longer downtrend. Is Nike Stock Now A Value Play?

About NIKE

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).