SVB Wealth LLC Lowers Stock Holdings in NIKE, Inc. $NKE

SVB Wealth LLC lessened its position in shares of NIKE, Inc. (NYSE:NKE) by 53.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 11,559 shares of the footwear maker’s stock after selling 13,127 shares during the period. SVB Wealth LLC’s holdings in NIKE were worth $736,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. increased its holdings in NIKE by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 116,993,541 shares of the footwear maker’s stock worth $7,453,658,000 after acquiring an additional 1,702,342 shares during the period. Capital World Investors increased its holdings in NIKE by 0.7% during the 3rd quarter. Capital World Investors now owns 42,239,013 shares of the footwear maker’s stock worth $2,945,326,000 after acquiring an additional 286,615 shares during the period. Flossbach Von Storch SE increased its holdings in NIKE by 29.3% during the 4th quarter. Flossbach Von Storch SE now owns 12,753,317 shares of the footwear maker’s stock worth $812,514,000 after acquiring an additional 2,886,856 shares during the period. Invesco Ltd. increased its holdings in NIKE by 3.3% during the 3rd quarter. Invesco Ltd. now owns 12,561,334 shares of the footwear maker’s stock worth $875,902,000 after acquiring an additional 404,136 shares during the period. Finally, Jennison Associates LLC increased its holdings in NIKE by 42.3% during the 3rd quarter. Jennison Associates LLC now owns 11,838,528 shares of the footwear maker’s stock worth $825,501,000 after acquiring an additional 3,518,666 shares during the period. Institutional investors own 64.25% of the company’s stock.

NIKE Price Performance

Shares of NYSE:NKE opened at $42.36 on Wednesday. The company’s fifty day moving average price is $48.95 and its 200-day moving average price is $58.61. The firm has a market capitalization of $62.72 billion, a price-to-earnings ratio of 28.05, a PEG ratio of 2.25 and a beta of 1.12. NIKE, Inc. has a one year low of $42.06 and a one year high of $80.17. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.14 and a quick ratio of 1.45.

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

NIKE Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 1st will be issued a dividend of $0.41 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $1.64 annualized dividend and a dividend yield of 3.9%. NIKE’s dividend payout ratio (DPR) is currently 108.61%.

Insider Buying and Selling at NIKE

In other NIKE news, Director John W. Rogers, Jr. bought 4,000 shares of NIKE stock in a transaction that occurred on Thursday, April 9th. The shares were bought at an average price of $43.34 per share, with a total value of $173,360.00. Following the acquisition, the director owned 41,022 shares in the company, valued at approximately $1,777,893.48. This trade represents a 10.80% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Elliott Hill bought 23,660 shares of NIKE stock in a transaction that occurred on Monday, April 13th. The shares were acquired at an average cost of $42.27 per share, for a total transaction of $1,000,108.20. Following the acquisition, the chief executive officer owned 265,247 shares in the company, valued at $11,211,990.69. The trade was a 9.79% increase in their position. The SEC filing for this purchase provides additional information. Insiders purchased a total of 64,441 shares of company stock worth $2,734,204 in the last quarter. 0.80% of the stock is currently owned by company insiders.

More NIKE News

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Sanford C. Bernstein reaffirmed a Buy rating on NIKE, which signals at least one analyst still sees upside despite the selloff.
• Positive Sentiment: Recent coverage around NIKE’s retail reset highlights a push toward more full-price selling and less discounting, which could help margins if the strategy gains traction.
• Neutral Sentiment: Investor commentary focused on valuation after NIKE’s sharp year-to-date decline, suggesting the stock may be becoming cheaper, but also reflecting fading growth confidence. Nike (NKE) Valuation Check After Steep Share Price Slide And Mixed Market Signals
• Neutral Sentiment: CEO Elliott Hill said NIKE’s turnaround will take more time, reinforcing the view that a full recovery is not immediate and keeping expectations restrained. Why Nike CEO said the company’s turnaround needs more time
• Neutral Sentiment: On Holding posted strong results and raised guidance, while also saying Nike is fighting back aggressively—this underscores rising competition in footwear and sportswear, but it is not a direct NIKE-specific catalyst. On Holding beats first-quarter expectations, sees double-digit growth in China as Nike lags
• Negative Sentiment: NIKE’s shares have fallen sharply over the past year and in recent months, reflecting ongoing concern about growth, margins, and the pace of recovery.
• Negative Sentiment: A proposed customer lawsuit seeking tariff-related refunds adds legal and reputational risk, which could pressure sentiment if it gains traction. Nike Customers Sue to Recover Tariff-Related Refunds

Wall Street Analysts Forecast Growth

NKE has been the topic of a number of analyst reports. CICC Research lowered shares of NIKE from an “outperform” rating to a “market perform” rating and decreased their target price for the stock from $69.00 to $58.00 in a report on Monday, April 6th. Piper Sandler reaffirmed a “neutral” rating and set a $50.00 target price (down from $60.00) on shares of NIKE in a report on Friday, April 10th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of NIKE in a report on Monday, April 13th. Weiss Ratings lowered shares of NIKE from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, May 4th. Finally, DA Davidson lowered shares of NIKE from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $72.00 to $46.00 in a report on Thursday, April 2nd. Sixteen equities research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, NIKE has a consensus rating of “Hold” and a consensus price target of $62.04.

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).