366,520 Shares in NIKE, Inc. $NKE Acquired by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of NIKE, Inc. (NYSE:NKE) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 366,520 shares of the footwear maker’s stock, valued at approximately $12,975,000.

Several other institutional investors and hedge funds also recently made changes to their positions in NKE. Flossbach Von Storch SE bought a new stake in shares of NIKE in the 2nd quarter worth $488,714,000. State Street Corp raised its stake in shares of NIKE by 6.8% in the second quarter. State Street Corp now owns 63,598,789 shares of the footwear maker’s stock worth $2,636,104,000 after purchasing an additional 4,052,428 shares during the last quarter. Confluence Investment Management LLC raised its stake in shares of NIKE by 873.8% in the third quarter. Confluence Investment Management LLC now owns 2,720,616 shares of the footwear maker’s stock worth $96,310,000 after purchasing an additional 2,441,233 shares during the last quarter. Equity Investment Corp bought a new position in shares of NIKE during the second quarter valued at $99,531,000. Finally, Amundi lifted its holdings in shares of NIKE by 59.4% during the second quarter. Amundi now owns 6,460,398 shares of the footwear maker’s stock valued at $265,199,000 after purchasing an additional 2,406,609 shares in the last quarter. Institutional investors own 64.25% of the company’s stock.

NIKE Stock Performance

NYSE:NKE opened at $38.47 on Wednesday. The stock has a 50-day simple moving average of $36.86 and a two-hundred day simple moving average of $46.00. The firm has a market capitalization of $57.15 billion, a PE ratio of 25.08, a P/E/G ratio of 4.57 and a beta of 1.01. NIKE, Inc. has a 52-week low of $31.97 and a 52-week high of $69.14. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.39 and a current ratio of 2.07.

NIKE (NYSE:NKE) last released its earnings results on Thursday, October 1st. The footwear maker reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.43 by $0.05. NIKE had a net margin of 6.74% and a return on equity of 15.94%. The company had revenue of $11.21 billion for the quarter, compared to analysts’ expectations of $11.32 billion. During the same quarter last year, the business earned $0.49 EPS. The firm’s revenue was down 4.3% compared to the same quarter last year. NIKE has set its FY 2027 guidance at 1.150-1.350 EPS. Analysts forecast that NIKE, Inc. will post 1.22 EPS for the current year.

NIKE Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Tuesday, September 1st were given a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 4.3%. The ex-dividend date was Tuesday, September 1st. NIKE’s payout ratio is presently 78.85%.

Insider Transactions at NIKE

In related news, EVP Philip McCartney sold 2,559 shares of NIKE stock in a transaction that occurred on Wednesday, September 9th. The stock was sold at an average price of $37.59, for a total transaction of $96,192.81. Following the sale, the executive vice president owned 78,121 shares of the company’s stock, valued at approximately $2,936,568.39. This trade represents a 3.17% decrease in their position. The sale was disclosed in a document filed 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. Also, COO Venkatesh Alagirisamy sold 3,671 shares of NIKE stock in a transaction that occurred on Wednesday, September 9th. The shares were sold at an average price of $37.59, for a total value of $137,992.89. Following the sale, the chief operating officer directly owned 104,862 shares in the company, valued at $3,941,762.58. This trade represents a 3.38% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 11,097 shares of company stock valued at $438,843 over the last 90 days. Company insiders own 1.10% of the company’s stock.

More NIKE News

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Nike has raised its dividend for 24 consecutive years, and its yield is about 4.2%, which may appeal to income-focused investors. However, the dividend has not yet persuaded the market that the turnaround is on track. Why I Still Wouldn’t Buy Nike Stock in November
• Neutral Sentiment: An article considers what Warren Buffett might do with Nike, but its takeaway is that the investment case depends on how long shareholders are willing to wait for the turnaround—not on a specific new catalyst. What Would Warren Buffett Do With Nike Stock Down 38% in 2026?
• Negative Sentiment: Recent coverage highlights that NKE shares have fallen 38% in 2026 and that sales are expected to decline noticeably in fiscal 2027. That outlook reinforces concerns that the turnaround may take time to produce results. What Would Warren Buffett Do With Nike Stock Down 38% in 2026?
• Negative Sentiment: An investor-letter discussion attributes some erosion of Nike’s competitive dominance to supply-chain decisions and other missteps, adding to concerns about its ability to regain momentum. How Supply Chain Democratization & Missteps Weakened Nike’s Dominance

Wall Street Analysts Forecast Growth

NKE has been the topic of several recent analyst reports. Truist Financial set a $29.00 price objective on NIKE and gave the company a “hold” rating in a research report on Friday, October 2nd. Weiss Ratings lowered NIKE from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, October 6th. Evercore decreased their target price on NIKE from $46.00 to $28.00 in a research report on Monday, September 28th. Royal Bank Of Canada lowered their target price on shares of NIKE from $45.00 to $40.00 and set a “sector perform” rating on the stock in a research note on Tuesday, September 29th. Finally, Berenberg Bank set a $27.50 price target on shares of NIKE and gave the company a “sell” rating in a report on Tuesday, October 6th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, twenty-one have given a Hold rating and eleven have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus price target of $40.93.

NIKE Company Profile

NIKE, Inc is a global athletic footwear, apparel, equipment and accessories company headquartered near Beaverton, Oregon. The company designs, develops, markets and sells products under the Nike, Jordan and Converse brands, serving athletes and consumers across a broad range of sports and lifestyle categories.

NIKE’s product portfolio includes athletic and casual footwear, performance and lifestyle apparel, sports equipment, accessories and digital fitness-related offerings. The company distributes its products through company-owned retail stores, digital platforms and wholesale partners, while also operating direct-to-consumer and membership programs.

The company traces its origins to 1964, when Phil Knight and Bill Bowerman founded Blue Ribbon Sports.