Wellington Management Group LLP Sells 11,970,759 Shares of NIKE, Inc. $NKE

Wellington Management Group LLP reduced its stake in shares of NIKE, Inc. (NYSE:NKE) by 37.1% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 20,330,675 shares of the footwear maker’s stock after selling 11,970,759 shares during the quarter. Wellington Management Group LLP’s holdings in NIKE were worth $1,417,658,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in NKE. Main Street Financial Solutions LLC grew its holdings in shares of NIKE by 4.2% in the 2nd quarter. Main Street Financial Solutions LLC now owns 3,441 shares of the footwear maker’s stock worth $244,000 after purchasing an additional 139 shares during the last quarter. St. Clair Advisors LLC boosted its position in NIKE by 0.9% in the third quarter. St. Clair Advisors LLC now owns 15,217 shares of the footwear maker’s stock valued at $1,061,000 after buying an additional 140 shares in the last quarter. Spirepoint Private Client LLC grew its stake in NIKE by 0.4% during the third quarter. Spirepoint Private Client LLC now owns 36,140 shares of the footwear maker’s stock worth $2,520,000 after buying an additional 153 shares during the last quarter. Evelyn Partners Investment Management Europe Ltd grew its stake in NIKE by 18.5% during the second quarter. Evelyn Partners Investment Management Europe Ltd now owns 997 shares of the footwear maker’s stock worth $71,000 after buying an additional 156 shares during the last quarter. Finally, CVA Family Office LLC increased its holdings in shares of NIKE by 8.0% during the third quarter. CVA Family Office LLC now owns 2,113 shares of the footwear maker’s stock worth $147,000 after buying an additional 156 shares in the last quarter. 64.25% of the stock is owned by institutional investors.

NIKE Trading Down 0.2%

NKE stock opened at $54.00 on Friday. 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, Inc. has a twelve month low of $52.28 and a twelve month high of $80.17. The company has a market cap of $79.93 billion, a P/E ratio of 31.76, a PEG ratio of 2.77 and a beta of 1.27. The business has a fifty day moving average of $62.53 and a 200-day moving average of $65.70.

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

NIKE Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Monday, March 2nd will be paid a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Monday, March 2nd. NIKE’s dividend payout ratio (DPR) is 96.47%.

Insider Transactions at NIKE

In other NIKE news, CEO Elliott Hill purchased 16,388 shares of the company’s stock in a transaction that occurred on Monday, December 29th. The stock was acquired at an average cost of $61.10 per share, with a total value of $1,001,306.80. Following the completion of the purchase, the chief executive officer directly owned 241,587 shares in the company, valued at approximately $14,760,965.70. This represents a 7.28% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Timothy D. Cook acquired 50,000 shares of the business’s stock in a transaction that occurred on Monday, December 22nd. The stock was acquired at an average price of $58.97 per share, for a total transaction of $2,948,500.00. Following the completion of the acquisition, the director directly owned 105,480 shares of the company’s stock, valued at $6,220,155.60. This trade represents a 90.12% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders acquired a total of 75,079 shares of company stock worth $4,449,887 in the last quarter. 0.80% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

NKE has been the topic of several recent analyst reports. UBS Group reissued a “neutral” rating on shares of NIKE in a report on Monday, January 5th. Sanford C. Bernstein reiterated a “buy” rating on shares of NIKE in a research report on Thursday, March 5th. Argus reduced their price objective on NIKE from $85.00 to $70.00 in a research note on Tuesday, December 23rd. DZ Bank restated a “buy” rating on shares of NIKE in a report on Friday, December 19th. Finally, Berenberg Bank restated a “neutral” rating and issued a $70.00 target price on shares of NIKE in a research note on Friday, December 19th. 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. According to MarketBeat.com, NIKE presently has an average rating of “Moderate Buy” and a consensus price target of $74.90.

Key Headlines Impacting NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Barclays upgraded NKE to an Overweight, citing a clear North America recovery, stronger wholesale bookings, and a refreshed product pipeline that could drive margin recovery and re‑rating. This upgrade is the main bullish catalyst today. Barclays upgrades NIKE (NKE)
• Positive Sentiment: Multiple outlets (MarketBeat, TheStreet) amplified the Barclays call, highlighting improving North America sales, inventory cleanup and product momentum — factors that could support upside if execution continues. Just Buy It? Barclays Thinks Nike Is Ready to Run
• Neutral Sentiment: Nike promoted Cimarron Nix to chief sustainability officer, adding supply‑chain and labor expertise to management — a governance/ESG move that may help long‑term brand and operational resilience but is unlikely to move near‑term earnings. Can Nike’s New Sustainability Chief Reframe NKE’s Long-Term Competitive Edge Story?
• Negative Sentiment: Short‑term selling: recent coverage notes a bigger single‑day decline and extended multi‑month underperformance — investor skepticism persists despite the upgrade. That ongoing weakness is pressuring the stock. Nike (NKE) Registers a Bigger Fall Than the Market
• Negative Sentiment: Options market shows moderately bearish positioning and higher implied volatility, with elevated demand for downside protection — a signal that traders expect continued near‑term swings. Option traders moderately bearish in Nike
• Negative Sentiment: Bearish analyst/editorial pieces cite ongoing risks (China weakness, Converse reset, valuation concerns) and list reasons to sell — these narratives can keep downward pressure until clearer signs of global stabilization appear. 3 Reasons to Sell NKE

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).