HS Management Partners LLC Reduces Position in NIKE, Inc. $NKE

Posted by Stanley Muller on Jul 4th, 2026

HS Management Partners LLC reduced its stake in NIKE, Inc. (NYSE:NKE – Free Report) by 31.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 225,597 shares of the footwear maker’s stock after selling 102,403 shares during the period. NIKE makes up 4.2% of HS Management Partners LLC’s portfolio, making the stock its 10th biggest position. HS Management Partners LLC’s holdings in NIKE were worth $11,916,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently modified their holdings of the stock. Cornerstone Financial Management LLC bought a new position in NIKE in the 4th quarter worth about $26,000. Sankala Group LLC bought a new stake in NIKE during the 4th quarter valued at about $26,000. J.Safra Asset Management Corp purchased a new position in NIKE in the fourth quarter worth about $29,000. Kemnay Advisory Services Inc. purchased a new position in NIKE in the fourth quarter worth about $30,000. Finally, Litman Gregory Wealth Management LLC bought a new position in shares of NIKE in the fourth quarter worth approximately $32,000. Hedge funds and other institutional investors own 64.25% of the company’s stock.

NIKE Stock Up 0.1%

Shares of NIKE stock opened at $44.12 on Friday. NIKE, Inc. has a twelve month low of $40.00 and a twelve month high of $80.17. The company has a quick ratio of 1.45, a current ratio of 1.96 and a debt-to-equity ratio of 0.40. The company’s 50 day moving average is $43.86 and its 200 day moving average is $53.16. The company has a market cap of $65.34 billion, a price-to-earnings ratio of 21.11, a price-to-earnings-growth ratio of 2.49 and a beta of 1.12.

NIKE (NYSE:NKE – Get Free Report) last posted its earnings results on Tuesday, June 30th. The footwear maker reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.09. The business had revenue of $10.97 billion during the quarter, compared to the consensus estimate of $10.85 billion. NIKE had a net margin of 6.70% and a return on equity of 16.54%. The firm’s revenue was down 1.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.14 EPS. Research analysts anticipate that NIKE, Inc. will post 1.8 EPS for the current year.

NIKE Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Monday, June 1st were issued a $0.41 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a $1.64 annualized dividend and a dividend yield of 3.7%. NIKE’s payout ratio is presently 78.47%.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on NKE. Berenberg Bank set a $49.00 price target on shares of NIKE in a research report on Friday. Williams Trading cut their target price on NIKE from $80.00 to $57.00 and set a “buy” rating on the stock in a research note on Wednesday, April 1st. Robert W. Baird reissued an “outperform” rating and issued a $70.00 target price on shares of NIKE in a report on Wednesday. Jefferies Financial Group decreased their price target on NIKE from $90.00 to $75.00 and set a “buy” rating for the company in a research note on Wednesday. Finally, Truist Financial lowered their price target on NIKE from $69.00 to $57.00 and set a “buy” rating on the stock in a report on Wednesday, April 1st. Fourteen investment analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, NIKE presently has a consensus rating of “Hold” and an average target price of $55.42.

Get Our Latest Research Report on NIKE

Key Headlines Impacting NIKE

Here are the key news stories impacting NIKE this week:

Positive Sentiment: NIKE’s fiscal Q4 results beat analyst expectations, with revenue and EPS coming in ahead of forecasts, which has helped support the shares and reinforced hopes that the turnaround is starting to take hold. Stock Market Today, July 1: Nike Jumps After Quarterly Results Beat Analyst Estimates
Positive Sentiment: Several commentaries argue the recent selloff may have gone too far, with some analysts and market watchers calling NIKE a rebound candidate after a difficult year. Prediction: Nike Stock Set for 25% Rebound After Brutal Year
Neutral Sentiment: Reports highlight that NIKE’s digital sales fell while the company continues shifting its mix between direct-to-consumer and wholesale channels, suggesting the turnaround is still incomplete. Nike Digital Drops 12% as Brands Rebalance D2C and Wholesale
Negative Sentiment: Barclays reportedly cut its price target on NIKE, signaling lower near-term expectations from one of the long-time bullish banks on the name. Barclays cuts Nike stock price target from $67 to $52
Negative Sentiment: 7-Eleven filed a trademark lawsuit accusing NIKE of copying branding elements in an upcoming Air Max 95 design, adding legal overhang and potential distraction for the company. 7-Eleven sues Nike over alleged Air Max 95 design infringing brand colors

Insider Buying and Selling

In other news, Director John W. Rogers, Jr. acquired 4,000 shares of NIKE stock in a transaction that occurred 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 completion of the transaction, the director owned 41,022 shares in the company, valued at $1,777,893.48. The trade was a 10.80% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Elliott Hill bought 23,660 shares of the stock in a transaction on Monday, April 13th. The stock was purchased 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 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 SEC filing for this purchase provides additional information. Insiders have purchased a total of 64,441 shares of company stock valued at $2,734,204 over the last ninety days. 0.80% of the stock is owned by insiders.

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).