Capital Group Private Client Services Inc. Reduces Stock Position in NIKE, Inc. $NKE

Posted by Jeff Wilder on Mar 11th, 2026

Capital Group Private Client Services Inc. cut its stake in shares of NIKE, Inc. (NYSE:NKE – Free Report) by 93.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 8,574 shares of the footwear maker’s stock after selling 114,800 shares during the period. Capital Group Private Client Services Inc.’s holdings in NIKE were worth $598,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of NKE. Twin Peaks Wealth Advisors LLC bought a new stake in shares of NIKE in the second quarter worth $31,000. Guerra Advisors Inc bought a new position in NIKE in the third quarter valued at about $34,000. Accredited Wealth Management LLC lifted its holdings in NIKE by 268.6% in the third quarter. Accredited Wealth Management LLC now owns 516 shares of the footwear maker’s stock valued at $36,000 after acquiring an additional 376 shares during the period. Abich Financial Wealth Management LLC purchased a new position in NIKE in the third quarter worth about $43,000. Finally, Financial Consulate Inc. bought a new stake in shares of NIKE during the 3rd quarter valued at about $57,000. 64.25% of the stock is owned by institutional investors.

NIKE Trading Down 0.8%

Shares of NYSE:NKE opened at $56.10 on Wednesday. The stock has a 50 day moving average of $63.07 and a 200 day moving average of $66.03. The company has a market cap of $83.05 billion, a PE ratio of 33.00, a price-to-earnings-growth ratio of 2.89 and a beta of 1.27. The company has a current ratio of 2.06, a quick ratio of 1.40 and a debt-to-equity ratio of 0.50. NIKE, Inc. has a 12-month low of $52.28 and a 12-month high of $80.17.

NIKE (NYSE:NKE – Get Free Report) last released its earnings results on Thursday, December 18th. The footwear maker reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.37 by $0.16. NIKE had a net margin of 5.43% and a return on equity of 18.43%. The company had revenue of $12.43 billion for the quarter, compared to analysts’ expectations of $12.19 billion. During the same quarter last year, the business earned $0.78 EPS. The firm’s revenue was up .6% compared to the same quarter last year. As a group, equities research analysts expect that NIKE, Inc. will post 2.05 EPS for the current year.

NIKE Dividend Announcement

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

Insider Activity

In other news, CEO Elliott Hill bought 16,388 shares of the stock in a transaction that occurred on Monday, December 29th. The shares were bought at an average price 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 in the company, valued at $14,760,965.70. This represents a 7.28% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, Director Timothy D. Cook bought 50,000 shares of the company’s stock in a transaction that occurred on Monday, December 22nd. The stock was purchased at an average cost of $58.97 per share, with a total value of $2,948,500.00. Following the acquisition, the director directly owned 105,480 shares in the company, valued at $6,220,155.60. This trade represents a 90.12% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have bought 75,079 shares of company stock worth $4,449,887 in the last three months. Company insiders own 0.80% of the company’s stock.

NIKE News Roundup

Here are the key news stories impacting NIKE this week:

Positive Sentiment: RBC Capital Markets reiterated an Outperform rating and a $78 price target, highlighting a path to recovery (China recovery cited as key). RBC Capital Markets Sees Path to Growth for Nike (NKE), Reiterates Outperform Rating
Positive Sentiment: Nike established a new $1 billion, 364‑day unsecured revolving credit facility—adds short‑term liquidity and gives the company flexibility during its restructuring. Nike Establishes New $1 Billion Short-Term Credit Facility
Positive Sentiment: Analyst coverage remains constructive (consensus around “Moderate Buy”) and some premarket commentary pointed to a bullish analyst call that briefly lifted the stock. NIKE, Inc. (NYSE:NKE) Receives Average Rating of “Moderate Buy” from Analysts
Neutral Sentiment: Coverage on Nike’s planned “channel reset” frames the story as an operating‑model shift—critical for long‑term margins but also a multi‑year execution risk; this is more about strategy than immediate earnings. Nike’s Channel Reset Could Decide Its Next Five Years
Neutral Sentiment: Roundups explaining intraday moves note a mix of restructuring charges and corporate actions that can produce short-term volatility while positioning the company for improved margin mix. What’s Going On With Nike Stock Today?
Negative Sentiment: Nike has fallen for seven straight sessions, a selloff that reflects investor concern about near‑term demand, channel cleanup and the pace of China recovery. Nike drops for the seventh straight session
Negative Sentiment: Market commentary highlights the recent 7‑day loss (~‑12%) and the sizable market‑cap decline, signaling sentiment has turned cautious and could pressure short‑term multiples. Is Nike Stock Now A Value Play?
Negative Sentiment: Analyst/market writeups comparing sector peers point to execution and demand as reasons Nike is underperforming, keeping downside risk until channel and China trends stabilize. Why Nike is Down, and Netflix is Up

Analysts Set New Price Targets

Several equities research analysts have recently commented on NKE shares. JPMorgan Chase & Co. reduced their price target on shares of NIKE from $100.00 to $86.00 and set a “buy” rating for the company in a research report on Monday, November 17th. Deutsche Bank Aktiengesellschaft set a $67.00 price objective on shares of NIKE in a report on Thursday, January 8th. Citigroup reaffirmed a “neutral” rating and set a $65.00 target price (down from $70.00) on shares of NIKE in a report on Friday, December 19th. Argus decreased their price target on shares of NIKE from $85.00 to $70.00 in a research report on Tuesday, December 23rd. Finally, Guggenheim reiterated a “buy” rating on shares of NIKE in a research note on Wednesday, December 31st. Twenty-two investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $74.61.

Get Our Latest Stock Analysis on NKE

About NIKE

(Free Report)

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).