Nippon Life Global Investors Americas Inc. Purchases New Shares in NIKE, Inc. $NKE

Nippon Life Global Investors Americas Inc. acquired a new position in shares of NIKE, Inc. (NYSE:NKE) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 50,990 shares of the footwear maker’s stock, valued at approximately $3,578,000.

A number of other institutional investors also recently modified their holdings of NKE. Mitchell Mcleod Pugh & Williams Inc. boosted its holdings in NIKE by 1.0% in the 2nd quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 14,176 shares of the footwear maker’s stock valued at $1,007,000 after purchasing an additional 134 shares during the period. Main Street Financial Solutions LLC raised its position in shares of NIKE by 4.2% in the second quarter. Main Street Financial Solutions LLC now owns 3,441 shares of the footwear maker’s stock valued at $244,000 after buying an additional 139 shares in the last quarter. St. Clair Advisors LLC boosted its stake in shares of NIKE by 0.9% in the third quarter. St. Clair Advisors LLC now owns 15,217 shares of the footwear maker’s stock valued at $1,061,000 after buying an additional 140 shares during the period. Caldwell Sutter Capital Inc. grew its position in NIKE by 6.3% during the second quarter. Caldwell Sutter Capital Inc. now owns 2,390 shares of the footwear maker’s stock worth $170,000 after buying an additional 142 shares in the last quarter. Finally, Salomon & Ludwin LLC increased its stake in NIKE by 10.1% during the 2nd quarter. Salomon & Ludwin LLC now owns 1,575 shares of the footwear maker’s stock worth $120,000 after acquiring an additional 145 shares during the period. Institutional investors own 64.25% of the company’s stock.

Wall Street Analyst Weigh In

NKE has been the subject of a number of recent analyst reports. KeyCorp set a $90.00 target price on NIKE and gave the company an “overweight” rating in a research report on Thursday, October 2nd. Guggenheim reaffirmed a “buy” rating on shares of NIKE in a research note on Wednesday, December 31st. Deutsche Bank Aktiengesellschaft set a $67.00 price objective on shares of NIKE in a research note on Thursday, January 8th. Robert W. Baird dropped their target price on shares of NIKE from $93.00 to $85.00 and set an “outperform” rating for the company in a research report on Friday, December 19th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $110.00 price target on shares of NIKE in a research report on Monday, January 12th. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $75.13.

Insider Activity at NIKE

In other news, CEO Elliott Hill bought 16,388 shares of the company’s stock in a transaction that occurred on Monday, December 29th. The shares were acquired at an average price of $61.10 per share, for a total transaction of $1,001,306.80. Following the completion of the acquisition, the chief executive officer directly owned 241,587 shares in the company, valued at approximately $14,760,965.70. This represents a 7.28% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Robert Holmes Swan acquired 8,691 shares of the stock in a transaction dated Monday, December 22nd. The stock was acquired at an average cost of $57.54 per share, with a total value of $500,080.14. Following the completion of the transaction, the director owned 43,293 shares in the company, valued at approximately $2,491,079.22. This represents a 25.12% increase in their position. The SEC filing for this purchase provides additional information. Insiders acquired a total of 91,229 shares of company stock valued at $5,452,640 over the last 90 days. 0.80% of the stock is owned by company insiders.

More NIKE News

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 Trading Down 0.3%

Shares of NYSE NKE opened at $64.39 on Friday. The firm has a 50 day moving average price of $63.80 and a two-hundred day moving average price of $69.41. The stock has a market cap of $95.32 billion, a P/E ratio of 37.88, a price-to-earnings-growth ratio of 3.32 and a beta of 1.28. NIKE, Inc. has a 52-week low of $52.28 and a 52-week high of $82.44. 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, beating analysts’ consensus estimates of $0.37 by $0.16. NIKE had a return on equity of 18.43% and a net margin of 5.43%.The business had revenue of $12.43 billion during the quarter, compared to the consensus estimate of $12.19 billion. During the same period in the prior year, the business posted $0.78 earnings per share. NIKE’s quarterly revenue was up .6% on a year-over-year basis. As a group, equities analysts forecast that NIKE, Inc. will post 2.05 EPS for the current year.

NIKE Increases Dividend

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