EverSource Wealth Advisors LLC Raises Stock Position in NIKE, Inc. $NKE

Posted by George Bondi on Aug 2nd, 2026

EverSource Wealth Advisors LLC raised its position in NIKE, Inc. (NYSE:NKE – Free Report) by 365.8% during the 1st quarter, HoldingsChannel.com reports. The firm owned 15,725 shares of the footwear maker’s stock after acquiring an additional 12,349 shares during the period. EverSource Wealth Advisors LLC’s holdings in NIKE were worth $831,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. J. Stern & Co. LLP raised its position in shares of NIKE by 49,010.4% during the 4th quarter. J. Stern & Co. LLP now owns 48,054,542 shares of the footwear maker’s stock valued at $3,061,555,000 after buying an additional 47,956,692 shares during the period. Norges Bank acquired a new position in NIKE in the fourth quarter valued at approximately $829,956,000. Harris Associates L P acquired a new position in NIKE in the second quarter valued at approximately $621,525,000. Capital World Investors grew its position in NIKE by 16.2% in the fourth quarter. Capital World Investors now owns 49,069,951 shares of the footwear maker’s stock worth $3,126,246,000 after acquiring an additional 6,830,938 shares during the period. Finally, Jasper Ridge Partners L.P. grew its position in NIKE by 2,492.4% in the fourth quarter. Jasper Ridge Partners L.P. now owns 4,883,229 shares of the footwear maker’s stock worth $311,111,000 after acquiring an additional 4,694,859 shares during the period. Hedge funds and other institutional investors own 64.25% of the company’s stock.

NIKE Stock Down 1.0%

Shares of NYSE NKE opened at $41.86 on Friday. The firm has a market cap of $62.10 billion, a price-to-earnings ratio of 20.03, a PEG ratio of 1.85 and a beta of 1.12. 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, Inc. has a 52-week low of $40.00 and a 52-week high of $80.17. The business’s 50 day moving average is $43.56 and its two-hundred day moving average is $50.36.

NIKE (NYSE:NKE – Get Free Report) last released its quarterly 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. NIKE had a return on equity of 16.54% and a net margin of 6.70%.The company had revenue of $10.97 billion for the quarter, compared to analysts’ expectations of $10.85 billion. During the same period in the prior year, the firm earned $0.14 earnings per share. The firm’s revenue was down 1.1% compared to the same quarter last year. Research analysts predict that NIKE, Inc. will post 1.74 EPS for the current year.

NIKE Dividend Announcement

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. This represents a $1.64 annualized dividend and a dividend yield of 3.9%. The ex-dividend date was Monday, June 1st. NIKE’s payout ratio is currently 78.47%.

Analyst Upgrades and Downgrades

NKE has been the topic of a number of research analyst reports. Evercore set a $46.00 target price on NIKE and gave the company an “in-line” rating in a research report on Tuesday, June 23rd. CICC Research lowered their price target on NIKE from $58.00 to $44.80 and set a “neutral” rating for the company in a report on Thursday, July 2nd. Sanford C. Bernstein reissued an “outperform” rating and set a $68.00 price objective (down from $72.00) on shares of NIKE in a research report on Wednesday. BNP Paribas Exane restated an “underperform” rating on shares of NIKE in a report on Wednesday, July 22nd. Finally, Stifel Nicolaus set a $45.00 price objective on shares of NIKE and gave the company a “hold” rating in a report on Wednesday, July 1st. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, nineteen have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $53.74.

Read Our Latest Report on NIKE

Insider Transactions at NIKE

In related news, EVP Philip Mccartney sold 17,398 shares of the stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $46.18, for a total transaction of $803,439.64. Following the transaction, the executive vice president owned 53,133 shares of the company’s stock, valued at approximately $2,453,681.94. This represents a 24.67% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 own 1.10% of the company’s stock.

About NIKE

(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).