NIKE, Inc. $NKE Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lessened its stake in shares of NIKE, Inc. (NYSE:NKE) by 1.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,283,106 shares of the footwear maker’s stock after selling 79,576 shares during the quarter. Dimensional Fund Advisors LP’s holdings in NIKE were worth $226,165,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. Scarborough Advisors LLC purchased a new position in NIKE during the first quarter worth about $25,000. Cornerstone Financial Management LLC purchased a new stake in NIKE in the 4th quarter valued at approximately $26,000. Sankala Group LLC acquired a new position in NIKE during the 4th quarter worth approximately $26,000. J.Safra Asset Management Corp acquired a new position in NIKE during the 4th quarter worth approximately $29,000. Finally, Kemnay Advisory Services Inc. purchased a new position in shares of NIKE during the 4th quarter worth approximately $30,000. 64.25% of the stock is owned by institutional investors and hedge funds.

NIKE Stock Performance

NYSE:NKE opened at $40.99 on Friday. The company has a current ratio of 1.96, a quick ratio of 1.36 and a debt-to-equity ratio of 0.40. The firm has a 50-day moving average price of $43.68 and a two-hundred day moving average price of $51.21. NIKE, Inc. has a twelve month low of $40.00 and a twelve month high of $80.17. The company has a market capitalization of $60.70 billion, a P/E ratio of 19.61, a price-to-earnings-growth ratio of 1.87 and a beta of 1.12.

NIKE (NYSE:NKE) last announced its quarterly earnings results on Tuesday, June 30th. The footwear maker reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate 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 net margin of 6.70% and a return on equity of 16.54%. The company’s revenue for the quarter was down 1.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.14 earnings per share. As a group, research analysts expect that NIKE, Inc. will post 1.74 earnings per share for the current fiscal year.

NIKE Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Monday, June 1st were given a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 4.0%. The ex-dividend date was Monday, June 1st. NIKE’s payout ratio is currently 78.47%.

Insider Transactions at NIKE

In other NIKE news, EVP Philip Mccartney sold 17,398 shares of the stock in a transaction on Friday, June 12th. The stock was sold at an average price of $46.18, for a total transaction of $803,439.64. Following the sale, the executive vice president owned 53,133 shares in the company, valued at approximately $2,453,681.94. This represents a 24.67% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 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. Insiders own 1.10% of the company’s stock.

Key Headlines Impacting NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: NIKE said it made “significant progress” in fiscal 2026 and is pursuing a broad operational transformation to strengthen long-term growth and profitability, which could support a turnaround over time. Nike CEO outlines transformation strategy after operational reset in fiscal 2026 (NYSE:NKE)
• Positive Sentiment: Several analysts lifted longer-term earnings estimates, suggesting some confidence that Nike can eventually rebuild profitability after its reset. NIKE price and analyst updates
• Neutral Sentiment: Commentary around Nike trading at a low valuation versus prior peak earnings is helping the bull case, but it does not change the near-term operating challenges. Nike Stock for the Next 10 Years: Buy, Hold, or Avoid?
• Negative Sentiment: Nike’s China online distribution overhaul has drawn skepticism because it could pressure sales trends and risk additional market-share losses in a key region. After tackling discounts in China, Nike still needs to win back shoppers
• Negative Sentiment: Multiple Zacks Research notes cut near- and medium-term EPS estimates and kept a “Strong Sell” rating, reinforcing concerns that earnings recovery may take longer than expected. NIKE analyst estimate revisions

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. Piper Sandler reduced their price target on NIKE from $50.00 to $45.00 and set a “neutral” rating for the company in a report on Wednesday, July 1st. Truist Financial dropped their price objective on NIKE from $69.00 to $57.00 and set a “buy” rating on the stock in a report on Wednesday, April 1st. JPMorgan Chase & Co. cut their price objective on NIKE from $52.00 to $47.00 and set a “neutral” rating for the company in a research report on Monday, June 29th. Weiss Ratings raised NIKE from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, July 17th. Finally, Rothschild & Co Redburn decreased their target price on shares of NIKE from $45.00 to $37.00 and set a “sell” rating on the stock in a research report on Friday, July 17th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, nineteen have assigned a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, NIKE has a consensus rating of “Hold” and a consensus target price of $53.86.

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).