NIKE, Inc. $NKE Stock Position Lifted by Palumbo Wealth Management LLC

Palumbo Wealth Management LLC grew its position in NIKE, Inc. (NYSE:NKE) by 389.8% in the third quarter, Holdings Channel.com reports. The fund owned 72,371 shares of the footwear maker’s stock after buying an additional 57,594 shares during the period. NIKE makes up approximately 1.3% of Palumbo Wealth Management LLC’s investment portfolio, making the stock its 19th largest position. Palumbo Wealth Management LLC’s holdings in NIKE were worth $5,036,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Twin Peaks Wealth Advisors LLC acquired a new position in NIKE in the second quarter worth $31,000. Guerra Advisors Inc acquired a new stake in shares of NIKE during the third quarter worth $34,000. Abich Financial Wealth Management LLC bought a new position in shares of NIKE in the 3rd quarter worth about $43,000. NewSquare Capital LLC boosted its holdings in shares of NIKE by 54.4% in the 2nd quarter. NewSquare Capital LLC now owns 732 shares of the footwear maker’s stock valued at $52,000 after buying an additional 258 shares during the period. Finally, Field & Main Bank boosted its holdings in shares of NIKE by 36.4% in the 2nd quarter. Field & Main Bank now owns 750 shares of the footwear maker’s stock valued at $53,000 after buying an additional 200 shares during the period. 64.25% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on NKE. Williams Trading dropped their price objective on shares of NIKE from $100.00 to $80.00 and set a “buy” rating on the stock in a research note on Friday, December 19th. BNP Paribas Exane lowered their target price on NIKE from $38.00 to $35.00 and set an “underperform” rating for the company in a report on Friday, December 19th. Sanford C. Bernstein reissued a “buy” rating and issued a $85.00 price target on shares of NIKE in a report on Tuesday, January 6th. Argus reduced their price objective on NIKE from $85.00 to $70.00 in a research report on Tuesday, December 23rd. Finally, BTIG Research restated a “buy” rating and set a $100.00 price objective on shares of NIKE in a research note on Tuesday, January 27th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $74.61.

NIKE Stock Performance

Shares of NKE stock opened at $62.96 on Tuesday. NIKE, Inc. has a 12-month low of $52.28 and a 12-month high of $82.44. The firm has a market capitalization of $93.21 billion, a price-to-earnings ratio of 37.04, a price-to-earnings-growth ratio of 3.35 and a beta of 1.27. The business has a 50 day simple moving average of $63.37 and a 200 day simple moving average of $67.29. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.06 and a quick ratio of 1.40.

NIKE (NYSE:NKE) last announced its earnings results on Thursday, December 18th. The footwear maker reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.16. NIKE had a return on equity of 18.43% and a net margin of 5.43%.The firm had revenue of $12.43 billion for the quarter, compared to the consensus estimate of $12.19 billion. During the same quarter in the previous year, the business earned $0.78 EPS. The firm’s revenue for the quarter was up .6% on a year-over-year basis. On average, equities research analysts anticipate that NIKE, Inc. will post 2.05 EPS for the current year.

NIKE Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Monday, March 2nd will be paid a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Monday, March 2nd. NIKE’s payout ratio is currently 96.47%.

Insider Buying and Selling

In related news, CEO Elliott Hill purchased 16,388 shares of the company’s stock in a transaction on Monday, December 29th. The shares were bought at an average cost of $61.10 per share, for a total transaction of $1,001,306.80. Following the transaction, the chief executive officer owned 241,587 shares of the company’s stock, valued at $14,760,965.70. This represents a 7.28% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link. Also, Director Timothy D. Cook purchased 50,000 shares of NIKE stock in a transaction dated Monday, December 22nd. The stock was bought at an average cost of $58.97 per share, with a total value of $2,948,500.00. Following the completion of the purchase, the director owned 105,480 shares in the company, valued at approximately $6,220,155.60. This trade represents a 90.12% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders purchased 75,079 shares of company stock valued at $4,449,887 over the last 90 days. 0.80% of the stock is currently owned by company insiders.

Trending Headlines about NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Seeking Alpha initiated coverage at “Buy,” citing a rebounding U.S. market, renewed growth in North America sales and footwear, inventory/channel fixes and expected margin recovery in FY26 — a clear bull-case that could support the stock if execution continues. Nike: Just Buy It
• Positive Sentiment: A retrospective piece shows strong long-term returns for Nike holders (what a $1K investment a decade ago would be worth), reinforcing the buy-and-hold narrative for long-term investors. Here’s how much a $1K investment in Nike’s stock 10 years ago would be worth today
• Neutral Sentiment: Zacks compares Nike and Lululemon, outlining differing business models and upside potential — useful for relative valuation and portfolio positioning but not an immediate earnings or policy catalyst. NIKE vs. lululemon: Which Stock Offers Better Upside Potential?
• Neutral Sentiment: The Motley Fool piece comparing Nike and On notes both stocks are down but highlights long-term strengths — again framing a longer-term investor view rather than a near-term price driver. Nike vs. On: Which Stock Is the Better Buy?
• Negative Sentiment: Yahoo Finance reports Nike shares moved lower after the Trump administration announced new global tariffs, which reignited trade-policy uncertainty and raises near-term margin risk for apparel makers with global supply chains. Why Nike (NKE) Stock Is Trading Lower Today
• Negative Sentiment: Reuters summarizes the market reaction to a new 15% duty announced after a Supreme Court decision, underscoring renewed tariff uncertainty that could pressure costs and gross margins across retail and footwear. Stocks to watch as Trump’s new tariffs spell more uncertainty
• Negative Sentiment: A Seeking Alpha follow-up argues the tariff ruling and related developments keep the author cautious on Nike, signaling some analysts still see policy and margin risks that could limit near-term upside. Nike: Tariff Ruling Isn’t Enough To Change My Stance

About NIKE

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).