Resona Asset Management Co. Ltd. Lowers Holdings in NIKE, Inc. $NKE

Posted by Brian Himes on May 20th, 2026

Resona Asset Management Co. Ltd. lowered its stake in NIKE, Inc. (NYSE:NKE – Free Report) by 4.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 386,042 shares of the footwear maker’s stock after selling 16,298 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in NIKE were worth $24,438,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Mizuho Markets Cayman LP purchased a new stake in shares of NIKE during the 3rd quarter valued at about $34,200,000. PFA Pension Forsikringsaktieselskab purchased a new stake in shares of NIKE during the 4th quarter valued at about $43,188,000. Strive Asset Management LLC purchased a new stake in shares of NIKE during the 3rd quarter valued at about $1,743,000. Nicholas Company Inc. raised its position in shares of NIKE by 33.3% during the 4th quarter. Nicholas Company Inc. now owns 123,652 shares of the footwear maker’s stock valued at $7,878,000 after buying an additional 30,890 shares in the last quarter. Finally, Park National Corp OH raised its position in shares of NIKE by 81.5% during the 4th quarter. Park National Corp OH now owns 431,055 shares of the footwear maker’s stock valued at $27,463,000 after buying an additional 193,514 shares in the last quarter. Hedge funds and other institutional investors own 64.25% of the company’s stock.

Trending Headlines about NIKE

Here are the key news stories impacting NIKE this week:

Positive Sentiment: NIKE is expanding its digital and technology strategy by partnering with Google to use AI tools that could improve product discovery and support sales growth. Nike Turns to Google’s AI to Lift Sales, But NKE Stock Keeps Falling
Neutral Sentiment: Several articles frame NIKE versus Wolverine as a comparison of business models, with NIKE leaning on athlete-led innovation and direct-to-consumer reach while Wolverine emphasizes niche brands and tighter promotions. NIKE vs. Wolverine: Which Footwear Player Is Built to Win?
Neutral Sentiment: Some investors and commentators are asking whether NIKE stock looks attractive after recent weakness, suggesting the market is weighing recovery potential against ongoing execution risks. Should You Buy the Dip on Nike Stock?
Negative Sentiment: Ongoing weakness in China remains the biggest near-term concern, with reports citing soft consumer demand, stronger local competition, and inventory issues that could delay a sustained rebound. Is NIKE’s China Recovery a Catalyst or Continuing Concern?

NIKE Stock Performance

Shares of NIKE stock opened at $42.44 on Wednesday. The firm has a market cap of $62.85 billion, a P/E ratio of 28.11, a P/E/G ratio of 2.26 and a beta of 1.12. 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 stock’s fifty day moving average price is $47.29 and its 200-day moving average price is $57.70.

NIKE (NYSE:NKE – Get Free Report) last announced its quarterly earnings results on Tuesday, March 31st. The footwear maker reported $0.35 EPS for the quarter, beating the consensus estimate of $0.29 by $0.06. The firm had revenue of $11.28 billion for the quarter, compared to analyst estimates of $11.23 billion. NIKE had a return on equity of 16.41% and a net margin of 4.84%.The business’s revenue for the quarter was up .1% on a year-over-year basis. During the same quarter last year, the firm posted $0.54 earnings per share. On average, equities research analysts expect that NIKE, Inc. will post 1.51 earnings per share for the current fiscal 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. This represents a $1.64 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend is Monday, June 1st. NIKE’s dividend payout ratio (DPR) is presently 108.61%.

Insider Buying and Selling at NIKE

In related news, Director Robert Holmes Swan bought 11,781 shares of the business’s stock in a transaction on Tuesday, April 7th. The shares were bought at an average price of $42.44 per share, for a total transaction of $499,985.64. Following the completion of the purchase, the director directly owned 55,074 shares of the company’s stock, valued at approximately $2,337,340.56. This trade represents a 27.21% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John W. Rogers, Jr. bought 4,000 shares of the business’s stock in a transaction on Thursday, April 9th. The stock was bought at an average price of $43.34 per share, for a total transaction of $173,360.00. Following the purchase, the director directly owned 41,022 shares of the company’s stock, valued at $1,777,893.48. The trade was a 10.80% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders purchased 64,441 shares of company stock valued at $2,734,204. 0.80% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms recently weighed in on NKE. Stifel Nicolaus decreased their price target on NIKE from $65.00 to $56.00 and set a “hold” rating on the stock in a report on Wednesday, April 1st. Piper Sandler restated a “neutral” rating and set a $50.00 price target (down from $60.00) on shares of NIKE in a report on Friday, April 10th. BTIG Research decreased their price target on NIKE from $90.00 to $75.00 and set a “buy” rating on the stock in a report on Wednesday, April 1st. Royal Bank Of Canada restated a “buy” rating on shares of NIKE in a report on Wednesday, April 1st. Finally, Sanford C. Bernstein reissued a “buy” rating on shares of NIKE in a research report on Monday, May 11th. Sixteen analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $62.04.

Check Out Our Latest Stock Report on NKE

NIKE Company 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).