NIKE, Inc. $NKE Stake Lowered by Swedbank AB

Swedbank AB trimmed its stake in shares of NIKE, Inc. (NYSE:NKE) by 39.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 592,763 shares of the footwear maker’s stock after selling 385,864 shares during the quarter. Swedbank AB’s holdings in NIKE were worth $31,310,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in the stock. Cornerstone Financial Management LLC acquired a new position in NIKE during the 4th quarter valued at approximately $26,000. Sankala Group LLC acquired a new stake in NIKE in the fourth quarter worth $26,000. J.Safra Asset Management Corp bought a new stake in NIKE in the fourth quarter valued at $29,000. Kemnay Advisory Services Inc. bought a new stake in NIKE in the fourth quarter valued at $30,000. Finally, Litman Gregory Wealth Management LLC acquired a new position in shares of NIKE during the fourth quarter valued at $32,000. Institutional investors own 64.25% of the company’s stock.

Insider Buying and Selling at NIKE

In other NIKE news, CEO Elliott Hill bought 23,660 shares of the company’s 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 directly owned 265,247 shares of the company’s stock, valued at $11,211,990.69. This trade represents a 9.79% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Philip Mccartney sold 17,398 shares of the stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $46.18, for a total transaction of $803,439.64. Following the sale, the executive vice president directly owned 53,133 shares of the company’s stock, valued at approximately $2,453,681.94. This represents a 24.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 0.80% of the stock is owned by corporate insiders.

Key Stories Impacting NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: NIKE’s Q4 earnings and revenue topped Wall Street expectations, helped in part by a sizeable tariff refund, which shows the company can still generate profit upside even amid a tough sales environment. Nike (NKE) Beat On Q4 Earnings, Is The Turnaround Fully Priced?
• Positive Sentiment: Analyst sentiment remains supportive in places, with BTIG reaffirming a Buy rating and a $55 price target, suggesting some see meaningful upside from current levels. Benzinga / The Fly report
• Neutral Sentiment: NIKE continues to return cash to shareholders, paying about $609 million in dividends in Q4, which supports the stock for income-focused investors but does not solve the growth issue. How NIKE’s Capital Returns Show the Tax Tradeoff Between Dividends and Buybacks
• Neutral Sentiment: Recent commentary also highlighted wholesale strength and improving retail partnerships, which could help NIKE’s turnaround, but these signs are still early. NIKE’s Wholesale Strength: A Signal of a Turnaround Ahead?
• Negative Sentiment: Investors remain cautious because Greater China sales fell sharply and management signaled continued sales pressure, making the recent beat look more like a one-time lift than a confirmed recovery. Nike (NKE) Beat On Q4 Earnings, Is The Turnaround Fully Priced?
• Negative Sentiment: Several recent articles and market commentary say NIKE “failed to impress” despite beating estimates, reflecting concern that the earnings beat does not yet change the weak sales trend or brand challenges. NIKE (NKE) Fails to Impress Despite Beating Expectations in Q4 2026

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on NKE. DA Davidson downgraded shares of NIKE from a “buy” rating to a “neutral” rating and cut their price objective for the company from $72.00 to $46.00 in a research report on Thursday, April 2nd. Truist Financial decreased their target price on shares of NIKE from $69.00 to $57.00 and set a “buy” rating for the company in a research report on Wednesday, April 1st. DZ Bank reaffirmed a “buy” rating on shares of NIKE in a report on Tuesday, April 21st. Oppenheimer cut their price target on NIKE to $60.00 and set an “outperform” rating on the stock in a report on Friday, June 26th. Finally, Wall Street Zen raised NIKE from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. Thirteen equities research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $55.42.

NIKE Stock Performance

Shares of NYSE NKE opened at $42.90 on Thursday. NIKE, Inc. has a 1 year low of $40.00 and a 1 year high of $80.17. The firm has a market cap of $63.53 billion, a P/E ratio of 20.53, a PEG ratio of 2.44 and a beta of 1.12. The stock has a fifty day moving average price of $43.75 and a two-hundred day moving average price of $52.57. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.36 and a current ratio of 1.96.

NIKE (NYSE:NKE) last posted its quarterly earnings data on Tuesday, June 30th. The footwear maker reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.09. The company had revenue of $10.97 billion for the quarter, compared to the consensus estimate of $10.85 billion. NIKE had a return on equity of 16.54% and a net margin of 6.70%.The company’s quarterly revenue was down 1.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.14 EPS. Research analysts forecast that NIKE, Inc. will post 1.8 EPS for the current fiscal year.

NIKE Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Monday, June 1st were given a $0.41 dividend. The ex-dividend date was Monday, June 1st. This represents a $1.64 annualized dividend and a yield of 3.8%. NIKE’s payout ratio is 78.47%.

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).