Hamilton Wealth LLC Purchases Shares of 17,016 NIKE, Inc. $NKE

Posted by Stanley Muller on Jul 30th, 2026

Hamilton Wealth LLC purchased a new position in shares of NIKE, Inc. (NYSE:NKE – Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 17,016 shares of the footwear maker’s stock, valued at approximately $899,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of NKE. Cornerstone Financial Management LLC bought a new stake in NIKE in the 4th quarter worth approximately $26,000. Sankala Group LLC purchased a new stake in NIKE in the fourth quarter worth approximately $26,000. J.Safra Asset Management Corp bought a new position in NIKE during the fourth quarter valued at approximately $29,000. Kemnay Advisory Services Inc. bought a new position in NIKE during the fourth quarter valued at approximately $30,000. Finally, Scarborough Advisors LLC purchased a new position in shares of NIKE during the first quarter worth approximately $25,000. 64.25% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Evercore set a $46.00 price objective on shares of NIKE and gave the company an “in-line” rating in a research note on Tuesday, June 23rd. Citigroup reiterated a “neutral” rating on shares of NIKE in a research report on Wednesday, July 22nd. BNP Paribas Exane reissued an “underperform” rating on shares of NIKE in a research note on Wednesday, July 22nd. Truist Financial reduced their price objective on NIKE from $69.00 to $57.00 and set a “buy” rating on the stock in a research note on Wednesday, April 1st. Finally, Wells Fargo & Company lowered their target price on NIKE from $45.00 to $40.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 1st. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, nineteen have issued a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $53.74.

View Our Latest Research Report on NIKE

Insider Activity

In related news, EVP Philip Mccartney sold 17,398 shares of the firm’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $46.18, for a total value of $803,439.64. Following the sale, the executive vice president directly owned 53,133 shares of the company’s stock, valued at $2,453,681.94. This trade represents a 24.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 1.10% of the stock is owned by insiders.

NIKE Trading Up 0.4%

NYSE:NKE opened at $43.22 on Thursday. The company has a fifty day moving average of $43.66 and a 200 day moving average of $50.59. NIKE, Inc. has a 52 week low of $40.00 and a 52 week high of $80.17. The company has a quick ratio of 1.36, a current ratio of 1.96 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $64.12 billion, a P/E ratio of 20.68, a P/E/G ratio of 1.91 and a beta of 1.12.

NIKE (NYSE:NKE – Get Free Report) last announced its quarterly earnings results on Tuesday, June 30th. The footwear maker reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.09. NIKE had a net margin of 6.70% and a return on equity of 16.54%. The business had revenue of $10.97 billion for the quarter, compared to analyst estimates of $10.85 billion. During the same quarter last year, the firm earned $0.14 EPS. The company’s revenue was down 1.1% on a year-over-year basis. On average, research analysts predict that NIKE, Inc. will post 1.74 earnings per share for the current year.

NIKE Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Monday, June 1st were issued a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date was Monday, June 1st. NIKE’s dividend payout ratio is currently 78.47%.

NIKE Profile

(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).