NIKE, Inc. $NKE Shares Sold by Fayez Sarofim & Co

Fayez Sarofim & Co decreased its position in NIKE, Inc. (NYSE:NKE) by 60.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 828,833 shares of the footwear maker’s stock after selling 1,284,307 shares during the quarter. Fayez Sarofim & Co owned 0.06% of NIKE worth $57,795,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in shares of NIKE in the second quarter valued at $835,063,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its stake in NIKE by 3,129.9% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 9,091,426 shares of the footwear maker’s stock worth $645,855,000 after acquiring an additional 8,809,950 shares in the last quarter. Harris Associates L P acquired a new position in NIKE during the 2nd quarter worth about $621,525,000. Invesco Ltd. boosted its holdings in NIKE by 66.1% during the 2nd quarter. Invesco Ltd. now owns 12,157,198 shares of the footwear maker’s stock valued at $863,647,000 after acquiring an additional 4,840,114 shares during the period. Finally, Jennison Associates LLC boosted 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 valued at $825,501,000 after acquiring an additional 3,518,666 shares during the period. 64.25% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

NKE has been the topic of a number of recent research reports. BNP Paribas Exane cut their price target on shares of NIKE from $38.00 to $35.00 and set an “underperform” rating on the stock in a research note on Friday, December 19th. Williams Trading lowered their price objective on shares of NIKE from $100.00 to $80.00 and set a “buy” rating for the company in a research note on Friday, December 19th. Needham & Company LLC cut shares of NIKE from a “buy” rating to a “hold” rating in a report on Thursday, January 8th. Piper Sandler set a $75.00 target price on shares of NIKE and gave the stock an “overweight” rating in a research note on Friday, December 19th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $78.00 target price on shares of NIKE in a report on Thursday, March 5th. Twenty-three research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, NIKE has an average rating of “Moderate Buy” and a consensus target price of $74.90.

NIKE Price Performance

NKE stock opened at $54.00 on Monday. The business’s 50-day moving average is $62.53 and its two-hundred day moving average is $65.52. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.06 and a quick ratio of 1.40. The firm has a market capitalization of $79.93 billion, a P/E ratio of 31.76, a P/E/G ratio of 2.76 and a beta of 1.27. NIKE, Inc. has a 1 year low of $52.28 and a 1 year high of $80.17.

NIKE (NYSE:NKE) last announced its quarterly earnings data 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 return on equity of 18.43% and a net margin of 5.43%.The business had revenue of $12.43 billion during the quarter, compared to the consensus estimate of $12.19 billion. During the same period in the previous year, the company posted $0.78 earnings per share. The business’s revenue for the quarter was up .6% on a year-over-year basis. Analysts anticipate that NIKE, Inc. will post 2.05 earnings per share for the current fiscal year.

NIKE Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Monday, March 2nd will be issued a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 3.0%. The ex-dividend date is Monday, March 2nd. NIKE’s payout ratio is 96.47%.

NIKE News Roundup

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

Insiders Place Their Bets

In other news, CEO Elliott Hill acquired 16,388 shares of the company’s stock in a transaction on Monday, December 29th. The shares were bought at an average cost of $61.10 per share, with a total value of $1,001,306.80. Following the transaction, the chief executive officer owned 241,587 shares in the company, valued at approximately $14,760,965.70. This trade represents a 7.28% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Timothy D. Cook acquired 50,000 shares of NIKE stock in a transaction dated Monday, December 22nd. The stock was purchased 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 in the company, valued at approximately $6,220,155.60. This represents a 90.12% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought 75,079 shares of company stock worth $4,449,887 in the last 90 days. Corporate insiders own 0.80% of the company’s stock.

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).