Healthcare of Ontario Pension Plan Trust Fund Has $111.44 Million Stock Position in NIKE, Inc. $NKE

Healthcare of Ontario Pension Plan Trust Fund lifted its stake in shares of NIKE, Inc. (NYSE:NKE) by 4,387.6% during the first quarter, Holdings Channel.com reports. The firm owned 2,109,837 shares of the footwear maker’s stock after acquiring an additional 2,062,822 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in NIKE were worth $111,442,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Scarborough Advisors LLC bought a new position in NIKE in the first quarter worth approximately $25,000. Cornerstone Financial Management LLC acquired a new stake in NIKE in the fourth quarter valued at approximately $26,000. Sankala Group LLC bought a new stake in shares of NIKE during the fourth quarter valued at approximately $26,000. Meeder Asset Management Inc. increased its holdings in shares of NIKE by 108.4% during the first quarter. Meeder Asset Management Inc. now owns 548 shares of the footwear maker’s stock valued at $29,000 after acquiring an additional 285 shares in the last quarter. Finally, J.Safra Asset Management Corp acquired a new position in shares of NIKE during the fourth quarter worth approximately $29,000. 64.25% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently issued reports on NKE shares. Guggenheim reissued a “buy” rating and issued a $60.00 price target (down from $74.00) on shares of NIKE in a research report on Wednesday, July 1st. UBS Group set a $48.00 price objective on shares of NIKE and gave the stock a “neutral” rating in a report on Wednesday, July 1st. Royal Bank Of Canada reaffirmed a “neutral” rating on shares of NIKE in a research note on Wednesday, July 1st. Jefferies Financial Group reduced their price objective on shares of NIKE from $90.00 to $75.00 and set a “buy” rating for the company in a report on Wednesday, July 1st. Finally, Robert W. Baird reissued an “outperform” rating and set a $70.00 target price on shares of NIKE in a research report on Wednesday, July 1st. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, nineteen have given a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, NIKE presently has a consensus rating of “Hold” and a consensus price target of $53.86.

NIKE Price Performance

Shares of NYSE:NKE opened at $41.85 on Friday. The company has a current ratio of 1.96, a quick ratio of 1.36 and a debt-to-equity ratio of 0.40. The stock’s fifty day simple moving average is $43.68 and its two-hundred day simple moving average is $51.15. NIKE, Inc. has a 1-year low of $40.00 and a 1-year high of $80.17. The stock has a market cap of $62.09 billion, a PE ratio of 20.03, a price-to-earnings-growth ratio of 1.82 and a beta of 1.12.

NIKE (NYSE:NKE) last posted its quarterly earnings data on Tuesday, June 30th. The footwear maker reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.09. The firm had revenue of $10.97 billion for 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 business’s revenue for the quarter was down 1.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.14 EPS. As a group, analysts forecast that NIKE, Inc. will post 1.74 EPS for the current fiscal year.

NIKE Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Monday, June 1st were paid a $0.41 dividend. The ex-dividend date was Monday, June 1st. This represents a $1.64 annualized dividend and a yield of 3.9%. NIKE’s dividend payout ratio (DPR) is 78.47%.

Key Headlines Impacting NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: NIKE’s leadership says the company made meaningful progress during fiscal 2026 and is reshaping operations, investing in brands, and rebuilding capabilities to support longer-term growth and profitability. Nike CEO outlines transformation strategy after operational reset in fiscal 2026 (NYSE:NKE)
• Positive Sentiment: Some analysts and market commentary suggest Nike’s weaker “sneakerhead” share may not be all bad, because gains in more durable performance footwear could improve the quality of the business mix. Nike’s Sneakerhead Market Share Is Slipping. That’s Good for Its Stock.
• Neutral Sentiment: Zacks-related coverage and analyst notes show Nike remains one of the more closely watched consumer stocks, with mixed views on its earnings outlook and valuation. Investors Heavily Search NIKE, Inc. (NKE): Here is What You Need to Know
• Neutral Sentiment: Analysts are divided on Nike after recent estimate changes, reflecting uncertainty about the pace of its recovery. Analysts Offer Insights on Consumer Cyclical Companies: Nike (NKE), Las Vegas Sands (LVS) and Tesla (TSLA)
• Negative Sentiment: Nike’s China reboot is drawing skepticism because ending online distribution through some partners could pressure near-term sales and risk further market-share losses in a crucial region. After tackling discounts in China, Nike still needs to win back shoppers
• Negative Sentiment: Wall Street concern over Nike’s China e-commerce reset and softer demand has kept pressure on the stock, as investors weigh a slower turnaround than they would like. NKE Stock Slips As Nike’s China E-Commerce Reset Draws Wall Street Skepticism

Insider Buying and Selling

In other NIKE news, EVP Philip Mccartney sold 17,398 shares of NIKE stock in a transaction that occurred on Friday, June 12th. The shares were 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 $2,453,681.94. This trade represents a 24.67% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 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. Company insiders own 1.10% of the company’s stock.

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).