Erste Asset Management GmbH Has $5.46 Million Position in NIKE, Inc. $NKE

Erste Asset Management GmbH lifted its position in shares of NIKE, Inc. (NYSE:NKE) by 272.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 87,503 shares of the footwear maker’s stock after buying an additional 63,984 shares during the period. Erste Asset Management GmbH’s holdings in NIKE were worth $5,458,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Gordian Capital Singapore Pte Ltd acquired a new position in shares of NIKE during the third quarter worth about $35,000. Accredited Wealth Management LLC boosted its position in shares of NIKE by 268.6% during the third 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 position in shares of NIKE by 43.6% during the fourth 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. Ares Financial Consulting LLC acquired a new position in shares of NIKE during the fourth quarter worth about $40,000. Finally, Strive Asset Management LLC acquired a new position in shares of NIKE during the third quarter worth about $40,000. 64.25% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently issued reports on NKE shares. Deutsche Bank Aktiengesellschaft dropped their target price on NIKE from $54.00 to $51.00 and set a “hold” rating on the stock in a report on Wednesday, April 1st. Guggenheim dropped their target price on NIKE from $77.00 to $74.00 and set a “buy” rating on the stock in a report on Wednesday, April 1st. Telsey Advisory Group dropped their target price on NIKE from $65.00 to $55.00 and set a “market perform” rating on the stock in a report on Wednesday, April 1st. China Renaissance dropped their target price on NIKE from $74.60 to $50.30 and set a “hold” rating on the stock in a report on Thursday, April 2nd. Finally, Stifel Nicolaus dropped their target price on NIKE from $65.00 to $56.00 and set a “hold” rating on the stock in a report on Wednesday, April 1st. Sixteen research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $62.04.

NIKE Price Performance

NYSE:NKE opened at $44.61 on Wednesday. The company has a quick ratio of 1.45, a current ratio of 2.14 and a debt-to-equity ratio of 0.50. The stock’s 50 day moving average price is $44.54 and its two-hundred day moving average price is $55.76. The firm has a market capitalization of $66.06 billion, a price-to-earnings ratio of 29.54, a P/E/G ratio of 1.87 and a beta of 1.12. NIKE, Inc. has a 12-month low of $41.35 and a 12-month high of $80.17.

NIKE (NYSE:NKE) last released its quarterly earnings data on Tuesday, March 31st. The footwear maker reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.06. The firm had revenue of $11.28 billion for the quarter, compared to analyst estimates of $11.23 billion. NIKE had a return on equity of 16.41% and a net margin of 4.84%.The business’s revenue for the quarter was up .1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.54 earnings per share. On average, analysts anticipate that NIKE, Inc. will post 1.49 earnings per share for the current year.

NIKE Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 1st will be paid a $0.41 dividend. The ex-dividend date is Monday, June 1st. This represents a $1.64 annualized dividend and a yield of 3.7%. NIKE’s dividend payout ratio is currently 108.61%.

Insiders Place Their Bets

In other NIKE news, Director Timothy D. Cook acquired 25,000 shares of the company’s stock in a transaction on Friday, April 10th. The shares were purchased at an average price of $42.43 per share, for a total transaction of $1,060,750.00. Following the completion of the purchase, the director directly owned 130,480 shares of the company’s stock, valued at approximately $5,536,266.40. This represents a 23.70% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John W. Rogers, Jr. bought 4,000 shares of the stock in a transaction dated Thursday, April 9th. The shares were purchased at an average price of $43.34 per share, for a total transaction of $173,360.00. Following the purchase, the director owned 41,022 shares of the company’s stock, valued at $1,777,893.48. This trade represents a 10.80% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have bought 64,441 shares of company stock worth $2,734,204 over the last ninety days. 0.80% of the stock is currently owned by corporate insiders.

More NIKE News

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Recent articles highlight a recovery setup for NIKE, with the stock showing better short-term performance and some investors viewing the current valuation as attractive after a steep decline from prior highs. A Look At Nike (NKE) Valuation As Recent Share Performance Remains Mixed
• Positive Sentiment: Coverage around NIKE’s footwear business points to early signs of stabilization, with running and football products gaining traction and innovation-led offerings improving the sales mix. Is NIKE’s Footwear Business Showing Signs of Stabilization?
• Positive Sentiment: NIKE’s World Cup football strategy is drawing Wall Street interest because it could strengthen the core brand story, support product demand, and help the turnaround narrative ahead of a major global sporting event. Can Nike’s World Cup Football Bet Recenter Its Core Brand Story for Investors (NKE)?
• Neutral Sentiment: Several pieces frame NIKE as a stock that looks cheap versus its former peak, but emphasize that the dividend alone is not the main investment case; the real debate is whether earnings and growth can recover meaningfully. Is It Worth Buying Nike Stock for Its Dividend?
• Negative Sentiment: Longer-term performance remains weak, and some investors are still exiting the name because recovery risks, tariff pressure, softer demand in Greater China, and competitive threats continue to cloud the turnaround. Bell Global Equities Fund Sold Nike (NKE) Amid Recovery Challenges and Inflation Pressure
• Negative Sentiment: Even bullish commentary notes that Wall Street remains cautious about whether NIKE’s reset will translate into a sustained improvement in fundamentals and investor confidence. Nike’s football push gains Wall Street optimism ahead of World Cup, but turnaround concerns remain

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).