Oppenheimer & Co. Inc. Purchases 18,617 Shares of NIKE, Inc. $NKE

Posted by Brenda Bartman on Aug 15th, 2026

Oppenheimer & Co. Inc. lifted its position in NIKE, Inc. (NYSE:NKE – Free Report) by 24.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 93,761 shares of the footwear maker’s stock after purchasing an additional 18,617 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in NIKE were worth $3,849,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Massachusetts Financial Services Co. MA lifted its holdings in shares of NIKE by 20.5% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 4,785 shares of the footwear maker’s stock worth $196,000 after acquiring an additional 814 shares during the period. Lester Murray Antman dba SimplyRich boosted its position in shares of NIKE by 47.2% during the 2nd quarter. Lester Murray Antman dba SimplyRich now owns 36,182 shares of the footwear maker’s stock valued at $1,485,000 after acquiring an additional 11,608 shares in the last quarter. Ballast Inc. increased its stake in NIKE by 78.2% in the second quarter. Ballast Inc. now owns 45,737 shares of the footwear maker’s stock valued at $1,878,000 after acquiring an additional 20,076 shares during the period. Tema ETFs LLC increased its stake in NIKE by 10.8% in the second quarter. Tema ETFs LLC now owns 23,851 shares of the footwear maker’s stock valued at $979,000 after acquiring an additional 2,320 shares during the period. Finally, Handelsbanken Fonder AB raised its position in NIKE by 23.1% in the second quarter. Handelsbanken Fonder AB now owns 595,016 shares of the footwear maker’s stock worth $24,425,000 after purchasing an additional 111,625 shares in the last quarter. 64.25% of the stock is owned by institutional investors.

NIKE Trading Down 1.2%

Shares of NKE stock opened at $40.73 on Friday. NIKE, Inc. has a 12-month low of $40.00 and a 12-month high of $80.17. The company has a market capitalization of $60.42 billion, a P/E ratio of 19.49, a P/E/G ratio of 1.83 and a beta of 1.11. The firm has a 50-day moving average price of $42.90 and a 200 day moving average price of $48.73. The company has a quick ratio of 1.36, a current ratio of 1.96 and a debt-to-equity ratio of 0.40.

NIKE (NYSE:NKE – Get Free Report) last issued its quarterly earnings data on Tuesday, June 30th. The footwear maker reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.09. The firm had revenue of $10.97 billion for the quarter, compared to analysts’ expectations of $10.85 billion. NIKE had a net margin of 6.70% and a return on equity of 16.54%. The company’s quarterly revenue was down 1.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.14 earnings per share. Research analysts forecast that NIKE, Inc. will post 1.74 earnings per share for the current fiscal year.

NIKE Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 1st will be issued a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend is Tuesday, September 1st. NIKE’s payout ratio is presently 78.47%.

Insiders Place Their Bets

In related news, insider Amy Montagne sold 4,867 shares of the stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $42.05, for a total transaction of $204,657.35. Following the sale, the insider directly owned 57,436 shares in the company, valued at $2,415,183.80. This represents a 7.81% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Philip Mccartney sold 17,398 shares of the firm’s stock in a transaction on Friday, June 12th. The shares were 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 represents a 24.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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. Insiders sold 26,142 shares of company stock valued at $1,169,380 over the last quarter. 1.10% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts have commented on NKE shares. Robert W. Baird restated an “outperform” rating and set a $70.00 price target on shares of NIKE in a research note on Wednesday, July 1st. Needham & Company LLC reiterated a “hold” rating on shares of NIKE in a research note on Thursday, June 4th. Jefferies Financial Group dropped their target price on NIKE from $90.00 to $75.00 and set a “buy” rating for the company in a report on Wednesday, July 1st. Rothschild & Co Redburn cut their target price on NIKE from $45.00 to $37.00 and set a “sell” rating for the company in a research report on Friday, July 17th. Finally, Weiss Ratings upgraded NIKE from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, eighteen have issued a Hold rating and five have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $53.53.

Check Out Our Latest Stock Report on NIKE

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).

Institutional Ownership by Quarter for NIKE (NYSE:NKE)

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