Strs Ohio Sells 9,600 Shares of NIKE, Inc. $NKE

Strs Ohio reduced its stake in shares of NIKE, Inc. (NYSE:NKE) by 3.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 312,752 shares of the footwear maker’s stock after selling 9,600 shares during the quarter. Strs Ohio’s holdings in NIKE were worth $21,808,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Mascoma Wealth Management LLC bought a new stake in shares of NIKE in the second quarter valued at about $26,000. Halbert Hargrove Global Advisors LLC increased its stake in NIKE by 952.6% during the second quarter. Halbert Hargrove Global Advisors LLC now owns 400 shares of the footwear maker’s stock valued at $28,000 after acquiring an additional 362 shares during the period. Twin Peaks Wealth Advisors LLC acquired a new position in NIKE in the 2nd quarter valued at approximately $31,000. NewSquare Capital LLC lifted its position in shares of NIKE by 54.4% in the 2nd quarter. NewSquare Capital LLC now owns 732 shares of the footwear maker’s stock worth $52,000 after acquiring an additional 258 shares during the period. Finally, Union Bancaire Privee UBP SA grew its holdings in shares of NIKE by 158.6% during the 2nd quarter. Union Bancaire Privee UBP SA now owns 750 shares of the footwear maker’s stock worth $53,000 after purchasing an additional 460 shares in the last quarter. 64.25% of the stock is currently owned by institutional investors and hedge funds.

NIKE Stock Down 0.7%

NKE opened at $64.97 on Friday. The firm has a market cap of $96.19 billion, a price-to-earnings ratio of 38.22, a PEG ratio of 3.36 and a beta of 1.28. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.40 and a current ratio of 2.06. The firm’s 50-day simple moving average is $63.91 and its 200-day simple moving average is $69.02. NIKE, Inc. has a twelve month low of $52.28 and a twelve month high of $82.44.

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

NIKE Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Monday, December 1st were given a dividend of $0.41 per share. This is a boost from NIKE’s previous quarterly dividend of $0.40. The ex-dividend date was Monday, December 1st. This represents a $1.64 dividend on an annualized basis and a yield of 2.5%. NIKE’s dividend payout ratio is currently 96.47%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on NKE. Truist Financial set a $69.00 target price on NIKE in a research note on Wednesday, January 14th. BNP Paribas Exane lowered their price target on shares of NIKE from $38.00 to $35.00 and set an “underperform” rating on the stock in a report on Friday, December 19th. Sanford C. Bernstein restated a “buy” rating and issued a $85.00 price objective on shares of NIKE in a research note on Tuesday, January 6th. Needham & Company LLC lowered shares of NIKE from a “buy” rating to a “hold” rating in a research report on Thursday, January 8th. Finally, UBS Group reissued a “neutral” rating on shares of NIKE in a research note on Monday, January 5th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, NIKE currently has a consensus rating of “Moderate Buy” and an average target price of $74.65.

Insider Buying and Selling at NIKE

In related news, Chairman Mark G. Parker sold 86,078 shares of the firm’s stock in a transaction on Friday, November 14th. The stock was sold at an average price of $64.80, for a total transaction of $5,577,854.40. Following the completion of the sale, the chairman directly owned 647,615 shares of the company’s stock, valued at $41,965,452. This trade represents a 11.73% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Elliott Hill acquired 16,388 shares of NIKE stock in a transaction on Monday, December 29th. The stock was acquired at an average cost of $61.10 per share, for a total transaction of $1,001,306.80. Following the purchase, the chief executive officer owned 241,587 shares of the company’s stock, valued at approximately $14,760,965.70. This represents a 7.28% increase in their position. The SEC filing for this purchase provides additional information. Insiders purchased 91,229 shares of company stock worth $5,452,640 over the last 90 days. Company insiders own 0.80% of the company’s stock.

Trending Headlines about NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Investors are revising expectations for NIKE’s strategic turnaround after coverage describing the company’s “Win Now” overhaul — management actions (store, inventory and go‑to‑market changes) are being framed as improving growth and margin visibility. This story supports a constructive view on execution improving near‑term results. How Nike’s “Win Now” Overhaul At NIKE (NKE) Has Changed Its Investment Story
• Positive Sentiment: Distribution expansion: DoorDash’s partnership to sell footwear/apparel through ~1,000 Hibbett stores increases Nike’s omnichannel reach and could boost sales convenience and liquidate slow inventory — a tangible channel tailwind if adoption scales. DoorDash Taps 1,000 Hibbett Stores In Push For Instant Retail
• Neutral Sentiment: KeyCorp lowered its price target (from $90 to $75) but kept an overweight rating — that reduces upside expectations versus prior targets but still signals analyst confidence in mid‑term recovery; this is a mixed catalyst for the stock. Nike price target lowered by KeyCorp
• Neutral Sentiment: Analyst roundups and valuation pieces note NIKE’s premium multiple and recent trading volatility — helpful context for investors but not an immediate directional catalyst. Analysts Offer Insights on Consumer Cyclical Companies: Nike (NKE)
• Neutral Sentiment: Personal‑finance pieces showing how large a position you’d need for a target dividend (and Dogs of the Dow lists) raise investor interest in yield but don’t change NIKE’s payout profile materially. These stories can attract income‑seeking flow but are not fundamental drivers. How much to invest in Nike stock for $1,000 in annual dividends (2026)
• Neutral Sentiment: Valuation/coverage articles highlighting recent choppiness and a valuation premium may weigh on sentiment if results don’t accelerate, but they largely restate current market positioning. Evaluating Nike (NKE) Shares As Recent Trading Choppiness Highlights Valuation Premium
• Negative Sentiment: Bearish analysis warns NIKE has “too little room for error” — high expectations and a premium multiple mean small execution misses could pressure earnings and the stock. This type of critique can amplify selling if subsequent guidance disappoints. Nike: Too Little Room For Error
• Negative Sentiment: Opinion pieces questioning whether NIKE will regain its former outperformance highlight multi‑year investor losses and structural concerns, which may keep sentiment cautious and limit a sustained rally until clearer evidence of durable growth appears. Will Nike Stock Ever Be a Winner Again?

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).