NIKE, Inc. $NKE Stock Holdings Lifted by Thrivent Financial for Lutherans

Posted by George Bondi on May 22nd, 2026

Thrivent Financial for Lutherans raised its position in NIKE, Inc. (NYSE:NKE – Free Report) by 32.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 76,421 shares of the footwear maker’s stock after purchasing an additional 18,823 shares during the quarter. Thrivent Financial for Lutherans’ holdings in NIKE were worth $4,846,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of NKE. Guerra Advisors Inc bought a new stake in shares of NIKE during the 3rd quarter worth about $34,000. Gordian Capital Singapore Pte Ltd bought a new stake in shares of NIKE during the 3rd quarter worth $35,000. Accredited Wealth Management LLC boosted its holdings in shares of NIKE by 268.6% during the 3rd quarter. Accredited Wealth Management LLC now owns 516 shares of the footwear maker’s stock worth $36,000 after buying an additional 376 shares during the period. Matrix Trust Co boosted its holdings in shares of NIKE by 43.6% during the 4th quarter. Matrix Trust Co now owns 596 shares of the footwear maker’s stock worth $38,000 after buying an additional 181 shares during the period. Finally, Ares Financial Consulting LLC bought a new stake in shares of NIKE during the 4th quarter worth $40,000. Hedge funds and other institutional investors own 64.25% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Piper Sandler reaffirmed a “neutral” rating and set a $50.00 price objective (down from $60.00) on shares of NIKE in a report on Friday, April 10th. Guggenheim decreased their target price on NIKE from $77.00 to $74.00 and set a “buy” rating for the company in a research note on Wednesday, April 1st. HSBC cut NIKE from a “buy” rating to a “hold” rating and cut their price target for the company from $90.00 to $48.00 in a report on Monday, April 13th. Sanford C. Bernstein reaffirmed a “buy” rating on shares of NIKE in a report on Monday, May 11th. Finally, DZ Bank reaffirmed a “buy” rating on shares of NIKE in a report on Tuesday, April 21st. Sixteen investment analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $62.04.

Check Out Our Latest Stock Analysis on NKE

Insider Buying and Selling

In related news, CEO Elliott Hill bought 23,660 shares of the company’s stock in a transaction dated Monday, April 13th. The stock was acquired at an average cost of $42.27 per share, with a total value of $1,000,108.20. Following the acquisition, the chief executive officer owned 265,247 shares in the company, valued at approximately $11,211,990.69. This represents a 9.79% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Timothy D. Cook bought 25,000 shares of the company’s stock in a transaction dated Friday, April 10th. The stock was bought at an average cost of $42.43 per share, with a total value of $1,060,750.00. Following the completion of the acquisition, the director owned 130,480 shares in the company, valued at $5,536,266.40. This represents a 23.70% increase in their position. The SEC filing for this purchase provides additional information. In the last quarter, insiders acquired 64,441 shares of company stock valued at $2,734,204. 0.80% of the stock is currently owned by corporate insiders.

NIKE News Roundup

Here are the key news stories impacting NIKE this week:

Positive Sentiment: NIKE shares are benefiting from a shift into consumer and cyclical stocks as market breadth improves, helping lift sentiment around the name. Nike Stock Is Testing A Level That Could Define The Next Move
Positive Sentiment: Lower energy prices and softer long-term Treasury yields are helping consumer discretionary stocks, including NIKE, by easing inflation worries and supporting expectations for resilient consumer spending. Nike Stock Soars As Energy Prices And Bond Yields Drop
Neutral Sentiment: NIKE remains a heavily watched stock, with recent articles and trending searches suggesting investors are actively reassessing the name rather than reacting to a single fundamental catalyst. NIKE, Inc. (NKE) Is a Trending Stock: Facts to Know Before Betting on It
Neutral Sentiment: Analyst and commentary pieces are focused on whether NIKE is ready for a turnaround, but they do not point to a clear near-term catalyst on their own. Is Nike Stock (NKE) Ready for a Turnaround?
Negative Sentiment: Some recent analysis remains cautious, arguing NIKE is still not cheap enough or that the operating environment is tough, which could limit upside if investors demand clearer evidence of a rebound. Nike: Not Cheap Enough Yet

NIKE Trading Up 0.5%

Shares of NKE opened at $44.40 on Friday. NIKE, Inc. has a 1 year low of $41.35 and a 1 year high of $80.17. The company has a current ratio of 2.14, a quick ratio of 1.45 and a debt-to-equity ratio of 0.50. The stock has a 50 day simple moving average of $46.81 and a 200-day simple moving average of $57.41. The stock has a market cap of $65.75 billion, a PE ratio of 29.40, a PEG ratio of 2.34 and a beta of 1.12.

NIKE (NYSE:NKE – Get Free Report) last issued its earnings results on Tuesday, March 31st. The footwear maker reported $0.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.06. NIKE had a return on equity of 16.41% and a net margin of 4.84%.The business had revenue of $11.28 billion during the quarter, compared to analysts’ expectations of $11.23 billion. During the same period in the prior year, the firm posted $0.54 EPS. NIKE’s quarterly revenue was up .1% compared to the same quarter last year. On average, sell-side analysts predict that NIKE, Inc. will post 1.51 EPS for the current fiscal year.

NIKE Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 1st will be issued a $0.41 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a $1.64 dividend on an annualized basis and a dividend yield of 3.7%. NIKE’s dividend payout ratio is presently 108.61%.

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).