Janney Montgomery Scott LLC Raises Position in NIKE, Inc. $NKE

Janney Montgomery Scott LLC increased its stake in NIKE, Inc. (NYSE:NKE) by 50.7% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 273,940 shares of the footwear maker’s stock after buying an additional 92,136 shares during the quarter. Janney Montgomery Scott LLC’s holdings in NIKE were worth $14,470,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of NKE. Cornerstone Financial Management LLC acquired a new stake in NIKE in the fourth quarter valued at approximately $26,000. Sankala Group LLC acquired a new position in shares of NIKE during the fourth quarter worth $26,000. J.Safra Asset Management Corp purchased a new position in shares of NIKE in the fourth quarter valued at $29,000. Kemnay Advisory Services Inc. purchased a new position in shares of NIKE in the fourth quarter valued at $30,000. Finally, Litman Gregory Wealth Management LLC purchased a new position in shares of NIKE in the fourth quarter valued at $32,000. 64.25% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at NIKE

In other NIKE news, CEO Elliott Hill acquired 23,660 shares of the company’s stock in a transaction that occurred on Monday, April 13th. The shares were purchased at an average price of $42.27 per share, for a total transaction of $1,000,108.20. Following the completion of the purchase, the chief executive officer directly owned 265,247 shares in the company, valued at $11,211,990.69. The trade was a 9.79% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Robert Holmes Swan bought 11,781 shares of the business’s stock in a transaction on Tuesday, April 7th. The stock was acquired at an average cost of $42.44 per share, for a total transaction of $499,985.64. Following the acquisition, the director directly owned 55,074 shares of the company’s stock, valued at $2,337,340.56. The trade was a 27.21% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders have purchased 64,441 shares of company stock worth $2,734,204. 0.80% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research firms recently issued reports on NKE. BTIG Research reaffirmed a “buy” rating and set a $55.00 price target (down from $75.00) on shares of NIKE in a research note on Thursday, June 25th. Jefferies Financial Group lowered their target price on NIKE from $90.00 to $75.00 and set a “buy” rating for the company in a research note on Wednesday. Wells Fargo & Company dropped their target price on NIKE from $45.00 to $40.00 and set an “equal weight” rating on the stock in a research report on Wednesday. Truist Financial cut their price target on NIKE from $69.00 to $57.00 and set a “buy” rating on the stock in a research note on Wednesday, April 1st. Finally, DZ Bank reissued a “buy” rating on shares of NIKE in a report on Tuesday, April 21st. Fourteen research analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $56.04.

NIKE Stock Performance

Shares of NKE opened at $43.11 on Thursday. The stock has a market capitalization of $63.84 billion, a PE ratio of 20.63, a price-to-earnings-growth ratio of 1.79 and a beta of 1.12. The business’s fifty day moving average price is $43.94 and its 200 day moving average price is $53.39. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.14 and a quick ratio of 1.45. NIKE, Inc. has a 12-month low of $40.00 and a 12-month high of $80.17.

NIKE (NYSE:NKE) last released its earnings results on Tuesday, June 30th. The footwear maker reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.09. The firm had revenue of $10.97 billion during the quarter, compared to analyst estimates of $10.85 billion. NIKE had a net margin of 6.70% and a return on equity of 16.83%. The firm’s revenue for the quarter was down 1.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.14 earnings per share. Equities research analysts forecast that NIKE, Inc. will post 1.83 EPS for the current year.

NIKE Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Monday, June 1st were given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend was Monday, June 1st. NIKE’s dividend payout ratio is currently 108.61%.

Trending Headlines about NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: NIKE beat quarterly EPS and revenue estimates, with EPS of $0.20 to $0.72 depending on the reporting view cited and revenue of about $10.97 billion to $11.0 billion, helping lift sentiment around the stock. NIKE, Inc. Reports Fiscal 2026 Fourth Quarter and Full Year Results
• Positive Sentiment: Profitability looked stronger than expected, aided by tariff refunds and margin improvement, which gave investors a reason to buy despite softer sales. Nike earnings crushed Wall Street’s estimates — but there’s a catch
• Positive Sentiment: Some analysts remain constructive, including Robert W. Baird reaffirming an outperform rating with a $70 target, signaling continued upside potential if the recovery gains traction. Benzinga analyst rating update

NIKE Profile

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).