Swiss Life Asset Management Ltd Lowers Stake in NIKE, Inc. $NKE

Swiss Life Asset Management Ltd reduced its position in NIKE, Inc. (NYSE:NKE) by 27.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 212,656 shares of the footwear maker’s stock after selling 82,398 shares during the period. Swiss Life Asset Management Ltd’s holdings in NIKE were worth $14,829,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in NIKE by 1.3% during the third quarter. Vanguard Group Inc. now owns 115,291,199 shares of the footwear maker’s stock worth $8,039,255,000 after buying an additional 1,467,414 shares during the period. State Street Corp boosted its position in NIKE by 2.8% during the 2nd quarter. State Street Corp now owns 59,154,159 shares of the footwear maker’s stock worth $4,225,441,000 after purchasing an additional 1,590,603 shares during the period. Capital World Investors increased its holdings in NIKE by 0.7% in the 3rd quarter. Capital World Investors now owns 42,239,013 shares of the footwear maker’s stock valued at $2,945,326,000 after purchasing an additional 286,615 shares in the last quarter. Invesco Ltd. increased its holdings in NIKE by 3.3% in the 3rd quarter. Invesco Ltd. now owns 12,561,334 shares of the footwear maker’s stock valued at $875,902,000 after purchasing an additional 404,136 shares in the last quarter. Finally, Jennison Associates LLC raised its position in 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 purchasing an additional 3,518,666 shares during the period. Hedge funds and other institutional investors own 64.25% of the company’s stock.

Key Stories Impacting NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Truist channel checks show Nike running shoes continuing strong sales at Dick’s Sporting Goods, supporting near‑term demand for core product lines. Truist running shoes sales
• Positive Sentiment: BTIG cut its price target (from $100 to $90) but kept a Buy rating, signaling that some brokers still see long‑term upside despite near‑term headwinds. BTIG reiterates Buy
• Neutral Sentiment: Comparisons with peers (Nike vs. Lululemon) highlight mixed investor views on which brand will better recapture growth momentum; useful for relative valuation thinking but not an immediate catalyst. Nike vs Lululemon comparison
• Neutral Sentiment: Macro risk from the Middle East (shipping disruptions, higher oil) is flagged as a potential cross‑sector headwind for consumer stocks, including Nike — a risk monitor rather than an immediate earnings driver. Macro risk analysis
• Negative Sentiment: TipRanks reports three price‑target cuts in one day and cites analyst concerns that Nike is “lacking in consistency and visibility” after recent results — this has driven investor caution. TipRanks price cuts
• Negative Sentiment: UBS trimmed its price target to $58 and moved to a Neutral rating, citing lackluster global sales momentum from channel checks — a direct downgrade that dents near‑term sentiment. UBS lowers target
• Negative Sentiment: Multiple outlets report shares sliding after analyst trims and warnings that sales trends remain soft; UBS channel checks and other broker notes suggest the upcoming earnings could be viewed as muted rather than a catalyst. UBS sales warning

Analyst Ratings Changes

NKE has been the topic of a number of recent research reports. Daiwa Securities Group reduced their price objective on NIKE from $75.00 to $61.00 in a research note on Tuesday, December 23rd. Telsey Advisory Group dropped their target price on NIKE from $75.00 to $72.00 and set a “market perform” rating on the stock in a report on Friday, December 19th. Deutsche Bank Aktiengesellschaft set a $67.00 price target on NIKE in a research report on Thursday, January 8th. Weiss Ratings raised shares of NIKE from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, January 12th. Finally, Robert W. Baird dropped their price objective on shares of NIKE from $93.00 to $85.00 and set an “outperform” rating on the stock in a research note on Friday, December 19th. Twenty-three equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, NIKE has an average rating of “Moderate Buy” and an average target price of $74.45.

NIKE Stock Performance

Shares of NYSE NKE opened at $53.48 on Friday. The stock has a fifty day moving average price of $61.70 and a two-hundred day moving average price of $65.04. The firm has a market cap of $79.17 billion, a P/E ratio of 31.46, a PEG ratio of 2.73 and a beta of 1.27. NIKE, Inc. has a 1 year low of $52.28 and a 1 year high of $80.17. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.40 and a current ratio of 2.06.

NIKE (NYSE:NKE) last posted its quarterly earnings data on Thursday, December 18th. The footwear maker reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.16. The firm had revenue of $12.43 billion for the quarter, compared to analysts’ expectations of $12.19 billion. NIKE had a net margin of 5.43% and a return on equity of 18.43%. The company’s quarterly revenue was up .6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.78 EPS. Research analysts forecast that NIKE, Inc. will post 2.05 EPS for the current fiscal year.

NIKE Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Monday, March 2nd will be paid a dividend of $0.41 per share. The ex-dividend date is Monday, March 2nd. This represents a $1.64 annualized dividend and a dividend yield of 3.1%. NIKE’s dividend payout ratio is 96.47%.

Insider Buying and Selling at NIKE

In other news, Director Robert Holmes Swan bought 8,691 shares of NIKE stock in a transaction dated Monday, December 22nd. The shares were bought at an average price of $57.54 per share, for a total transaction of $500,080.14. Following the purchase, the director owned 43,293 shares of the company’s stock, valued at approximately $2,491,079.22. This trade represents a 25.12% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Timothy D. Cook bought 50,000 shares of NIKE stock in a transaction dated Monday, December 22nd. The stock was acquired at an average cost 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 $6,220,155.60. This represents a 90.12% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased a total of 75,079 shares of company stock worth $4,449,887 over the last three months. Corporate 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).