NIKE, Inc. $NKE Shares Bought by Meitav Investment House Ltd.

Meitav Investment House Ltd. lifted its stake in shares of NIKE, Inc. (NYSE:NKE) by 47.7% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 756,688 shares of the footwear maker’s stock after purchasing an additional 244,447 shares during the period. Meitav Investment House Ltd.’s holdings in NIKE were worth $52,696,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. Exchange Traded Concepts LLC increased its holdings in shares of NIKE by 697.5% in the third quarter. Exchange Traded Concepts LLC now owns 228,889 shares of the footwear maker’s stock valued at $15,960,000 after purchasing an additional 200,187 shares during the period. Soros Fund Management LLC lifted its holdings in shares of NIKE by 33.0% during the second quarter. Soros Fund Management LLC now owns 302,320 shares of the footwear maker’s stock worth $21,477,000 after purchasing an additional 75,000 shares during the period. Brighton Jones LLC grew its position in NIKE by 54.6% in the 3rd quarter. Brighton Jones LLC now owns 104,791 shares of the footwear maker’s stock valued at $7,307,000 after buying an additional 37,019 shares during the last quarter. Soltis Investment Advisors LLC increased its stake in NIKE by 238.8% in the 2nd quarter. Soltis Investment Advisors LLC now owns 141,356 shares of the footwear maker’s stock valued at $10,042,000 after buying an additional 99,638 shares during the period. Finally, Banco Santander S.A. raised its position in NIKE by 28.3% during the 2nd quarter. Banco Santander S.A. now owns 221,117 shares of the footwear maker’s stock worth $15,708,000 after buying an additional 48,764 shares during the last quarter. Institutional investors and hedge funds own 64.25% of the company’s stock.

Insider Activity

In other news, Director Jorgen Vig Knudstorp bought 16,150 shares of the business’s stock in a transaction that occurred on Friday, November 7th. The stock was purchased at an average price of $62.09 per share, with a total value of $1,002,753.50. Following the purchase, the director owned 21,388 shares of the company’s stock, valued at $1,327,980.92. This trade represents a 308.32% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Timothy D. Cook bought 50,000 shares of NIKE stock in a transaction on 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 owned 105,480 shares in the company, valued at $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 have bought a total of 91,229 shares of company stock worth $5,452,640 in the last quarter. Corporate insiders own 0.80% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. The Goldman Sachs Group set a $77.00 price target on shares of NIKE in a research note on Friday, December 19th. Barclays reaffirmed a “neutral” rating on shares of NIKE in a report on Thursday. Bank of America cut their target price on NIKE from $84.00 to $73.00 and set a “buy” rating for the company in a research note on Friday, December 19th. Argus decreased their price target on NIKE from $85.00 to $70.00 in a research note on Tuesday, December 23rd. Finally, JPMorgan Chase & Co. cut their price objective on NIKE from $100.00 to $86.00 and set a “buy” rating for the company in a research report on Monday, November 17th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, NIKE presently has an average rating of “Moderate Buy” and a consensus target price of $75.13.

Key Headlines Impacting NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Wells Fargo reaffirmed its Buy rating on Nike, supporting upside sentiment among growth-focused investors. Wells Fargo Reaffirms Their Buy Rating on Nike (NKE)
• Positive Sentiment: Loop Industries named Nike as an anchor customer for its projects, a vote of confidence that could support sustainability-related supply‑chain initiatives (positive for brand/ESG positioning). Loop Industries Advances India and Europe Projects, Names Nike Anchor Customer and Appoints New CFO
• Neutral Sentiment: Barclays reiterated a Neutral rating, signaling caution from some institutional analysts even as opinions vary across the street. Nike Inc. gets a Neutral rating from Barclays
• Neutral Sentiment: Zacks highlighted investor attention on Nike, summarizing drivers to watch (analyst revisions, macro/consumer trends), which can increase short‑term trading activity. NIKE, Inc. (NKE) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Media pieces are debating whether Nike is reasonably priced or still expensive, keeping valuation conversations active among investors. Nike stock: Reasonably priced or still too expensive?
• Negative Sentiment: Follow-up coverage from The Motley Fool flags weak revenue growth, tariffs and promotional activity in China that are pressuring margins and near‑term results — a reminder of execution risk even as Nike pursues a turnaround. Is Nike a Buy-and-Hold-Forever Stock for Consumer Goods Investors?

NIKE Price Performance

NIKE stock opened at $64.39 on Friday. The company has a quick ratio of 1.40, a current ratio of 2.06 and a debt-to-equity ratio of 0.50. The firm has a market capitalization of $95.32 billion, a PE ratio of 37.88, a P/E/G ratio of 3.32 and a beta of 1.28. The firm’s 50-day simple moving average is $63.80 and its 200 day simple moving average is $69.41. NIKE, Inc. has a 52 week low of $52.28 and a 52 week high of $82.44.

NIKE (NYSE:NKE) last released its quarterly earnings results on Thursday, December 18th. The footwear maker reported $0.53 EPS for the quarter, beating the consensus estimate of $0.37 by $0.16. NIKE had a net margin of 5.43% and a return on equity of 18.43%. The business had revenue of $12.43 billion for the quarter, compared to analyst estimates of $12.19 billion. During the same period in the prior year, the business earned $0.78 earnings per share. The company’s quarterly revenue was up .6% on a year-over-year basis. On average, equities research analysts predict that NIKE, Inc. will post 2.05 EPS for the current fiscal year.

NIKE Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Monday, December 1st were paid a dividend of $0.41 per share. The ex-dividend date of this dividend was Monday, December 1st. This is an increase from NIKE’s previous quarterly dividend of $0.40. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.5%. NIKE’s dividend payout ratio is 96.47%.

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).