Bridgefront Capital LLC Acquires Shares of 14,940 NIKE, Inc. $NKE

Bridgefront Capital LLC bought a new position in NIKE, Inc. (NYSE:NKE) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 14,940 shares of the footwear maker’s stock, valued at approximately $1,042,000.

A number of other hedge funds have also made changes to their positions in NKE. Vanguard Group Inc. lifted its holdings in NIKE by 1.3% during the 3rd quarter. Vanguard Group Inc. now owns 115,291,199 shares of the footwear maker’s stock valued at $8,039,255,000 after purchasing an additional 1,467,414 shares during the last quarter. State Street Corp grew its stake in NIKE by 2.8% during the second quarter. State Street Corp now owns 59,154,159 shares of the footwear maker’s stock worth $4,225,441,000 after buying an additional 1,590,603 shares during the last quarter. Capital World Investors increased its holdings in shares of NIKE by 0.7% during the third quarter. Capital World Investors now owns 42,239,013 shares of the footwear maker’s stock worth $2,945,326,000 after buying an additional 286,615 shares in the last quarter. Invesco Ltd. increased its holdings in shares of NIKE by 3.3% during the third quarter. Invesco Ltd. now owns 12,561,334 shares of the footwear maker’s stock worth $875,902,000 after buying an additional 404,136 shares in the last quarter. Finally, Jennison Associates LLC raised its stake in shares of NIKE by 42.3% in the third 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 last quarter. Institutional investors and hedge funds own 64.25% of the company’s stock.

NIKE Stock Performance

Shares of NYSE:NKE opened at $54.00 on Friday. 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 1-year low of $52.28 and a 1-year high of $80.17. The stock 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. The business has a 50-day moving average price of $62.53 and a two-hundred day moving average price of $65.61.

NIKE (NYSE:NKE) last issued its 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 company 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% on a year-over-year basis. During the same quarter last year, the firm earned $0.78 EPS. Equities analysts predict that NIKE, Inc. will post 2.05 earnings per share for the current year.

NIKE Announces Dividend

The firm also recently announced 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 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Monday, March 2nd. NIKE’s payout ratio is currently 96.47%.

Wall Street Analysts Forecast Growth

NKE has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft set a $67.00 price target on NIKE in a report on Thursday, January 8th. Piper Sandler set a $75.00 target price on NIKE and gave the stock an “overweight” rating in a report on Friday, December 19th. 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. Needham & Company LLC cut NIKE from a “buy” rating to a “hold” rating in a report on Thursday, January 8th. Finally, Barclays raised shares of NIKE from an “equal weight” rating to an “overweight” rating and increased their price objective for the stock from $64.00 to $73.00 in a report on Wednesday. Twenty-three investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, NIKE has a consensus rating of “Moderate Buy” and an average price target of $74.90.

More NIKE News

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

Insider Buying and Selling at NIKE

In other NIKE news, Director Timothy D. Cook bought 50,000 shares of the company’s stock in a transaction on Monday, December 22nd. The stock was bought at an average price of $58.97 per share, for a total transaction of $2,948,500.00. Following the transaction, the director owned 105,480 shares of the company’s stock, valued at approximately $6,220,155.60. The trade was a 90.12% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Elliott Hill purchased 16,388 shares of NIKE stock in a transaction dated Monday, December 29th. The stock was bought at an average price of $61.10 per share, for a total transaction of $1,001,306.80. Following the completion of the transaction, the chief executive officer directly owned 241,587 shares in the company, valued at $14,760,965.70. The trade was a 7.28% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders acquired 75,079 shares of company stock worth $4,449,887. Insiders own 0.80% of the company’s stock.

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).