Huntington National Bank Sells 13,011 Shares of NIKE, Inc. $NKE

Posted by George Bondi on May 29th, 2026

Huntington National Bank lowered its stake in NIKE, Inc. (NYSE:NKE – Free Report) by 13.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 82,226 shares of the footwear maker’s stock after selling 13,011 shares during the quarter. Huntington National Bank’s holdings in NIKE were worth $5,239,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in NKE. Harris Associates L P purchased a new position in NIKE during the second quarter valued at approximately $621,525,000. Ameriprise Financial Inc. lifted its holdings in NIKE by 129.4% during the second quarter. Ameriprise Financial Inc. now owns 5,849,636 shares of the footwear maker’s stock valued at $411,951,000 after purchasing an additional 3,299,155 shares in the last quarter. Flossbach Von Storch SE lifted its holdings in NIKE by 29.3% during the fourth quarter. Flossbach Von Storch SE now owns 12,753,317 shares of the footwear maker’s stock valued at $812,514,000 after purchasing an additional 2,886,856 shares in the last quarter. Sustainable Growth Advisers LP purchased a new position in NIKE during the third quarter valued at approximately $190,182,000. Finally, Amundi lifted its holdings in NIKE by 85.2% during the third quarter. Amundi now owns 5,187,020 shares of the footwear maker’s stock valued at $369,160,000 after purchasing an additional 2,385,815 shares in the last quarter. Hedge funds and other institutional investors own 64.25% of the company’s stock.

NIKE Stock Up 3.1%

Shares of NYSE:NKE opened at $47.40 on Friday. The company has a current ratio of 2.14, a quick ratio of 1.45 and a debt-to-equity ratio of 0.50. NIKE, Inc. has a 12 month low of $41.35 and a 12 month high of $80.17. The company has a 50-day moving average price of $45.89 and a 200 day moving average price of $56.84. The company has a market cap of $70.20 billion, a price-to-earnings ratio of 31.39, a PEG ratio of 2.44 and a beta of 1.12.

NIKE (NYSE:NKE – Get Free Report) last posted its quarterly earnings data on Tuesday, March 31st. The footwear maker reported $0.35 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.06. NIKE had a net margin of 4.84% and a return on equity of 16.41%. The business had revenue of $11.28 billion for the quarter, compared to analysts’ expectations of $11.23 billion. During the same quarter in the previous year, the business posted $0.54 earnings per share. The business’s revenue was up .1% compared to the same quarter last year. As a group, equities research analysts predict that NIKE, Inc. will post 1.51 earnings per share for the current year.

NIKE Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 1st will be issued a dividend of $0.41 per share. The ex-dividend date is Monday, June 1st. This represents a $1.64 dividend on an annualized basis and a yield of 3.5%. NIKE’s payout ratio is presently 108.61%.

Insider Activity at NIKE

In other news, CEO Elliott Hill acquired 23,660 shares of NIKE stock in a transaction on Monday, April 13th. The shares were bought at an average cost of $42.27 per share, for a total transaction of $1,000,108.20. Following the acquisition, the chief executive officer directly owned 265,247 shares of the company’s stock, valued at $11,211,990.69. This trade represents a 9.79% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Robert Holmes Swan purchased 11,781 shares of the company’s stock in a transaction dated Tuesday, April 7th. The shares were purchased at an average cost of $42.44 per share, for a total transaction of $499,985.64. Following the transaction, the director directly owned 55,074 shares in the company, valued at approximately $2,337,340.56. This represents a 27.21% increase in their position. The SEC filing for this purchase provides additional information. In the last three months, insiders have bought 64,441 shares of company stock valued at $2,734,204. Company insiders own 0.80% of the company’s stock.

Analyst Upgrades and Downgrades

NKE has been the topic of several analyst reports. Robert W. Baird lowered their price target on shares of NIKE from $85.00 to $70.00 and set an “outperform” rating on the stock in a report on Wednesday, April 1st. Sanford C. Bernstein reaffirmed a “buy” rating on shares of NIKE in a report on Monday, May 11th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of NIKE in a report on Monday, April 13th. Williams Trading lowered their price target on shares of NIKE from $80.00 to $57.00 and set a “buy” rating on the stock in a report on Wednesday, April 1st. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and set a $52.00 price target (down from $76.00) on shares of NIKE in a report on Wednesday, April 1st. Sixteen investment analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $62.04.

Get Our Latest Stock Report on NKE

About NIKE

(Free Report)

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).