Natixis Advisors LLC Boosts Stock Position in NIKE, Inc. $NKE

Natixis Advisors LLC increased its holdings in NIKE, Inc. (NYSE:NKE) by 24.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,450,675 shares of the footwear maker’s stock after purchasing an additional 285,786 shares during the quarter. Natixis Advisors LLC’s holdings in NIKE were worth $101,156,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of NKE. Brighton Jones LLC lifted its holdings in NIKE by 388.5% in the 4th quarter. Brighton Jones LLC now owns 202,411 shares of the footwear maker’s stock worth $15,316,000 after buying an additional 160,980 shares during the period. Caxton Associates LLP purchased a new position in shares of NIKE during the first quarter valued at approximately $311,000. United Bank increased its stake in shares of NIKE by 11.3% during the second quarter. United Bank now owns 17,067 shares of the footwear maker’s stock valued at $1,212,000 after buying an additional 1,736 shares during the period. Penserra Capital Management LLC raised its holdings in shares of NIKE by 5.9% during the second quarter. Penserra Capital Management LLC now owns 13,994 shares of the footwear maker’s stock valued at $994,000 after acquiring an additional 782 shares in the last quarter. Finally, Fox Run Management L.L.C. bought a new position in shares of NIKE during the second quarter valued at approximately $276,000. Hedge funds and other institutional investors own 64.25% of the company’s stock.

Insiders Place Their Bets

In other NIKE news, Director Timothy D. Cook bought 50,000 shares of the firm’s stock in a transaction on Monday, December 22nd. The stock was acquired at an average price of $58.97 per share, with a total value of $2,948,500.00. Following the transaction, the director owned 105,480 shares in the company, valued at $6,220,155.60. This represents a 90.12% 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 8,691 shares of the stock in a transaction on Monday, December 22nd. The shares were bought at an average price of $57.54 per share, for a total transaction of $500,080.14. Following the purchase, the director directly owned 43,293 shares in the company, valued at approximately $2,491,079.22. This trade represents a 25.12% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders acquired 75,079 shares of company stock valued at $4,449,887. 0.80% of the stock is owned by insiders.

NIKE Stock Performance

NKE stock opened at $57.01 on Monday. The stock’s 50 day simple moving average is $63.26 and its 200 day simple moving average is $66.32. The company has a current ratio of 2.06, a quick ratio of 1.40 and a debt-to-equity ratio of 0.50. NIKE, Inc. has a 12-month low of $52.28 and a 12-month high of $80.19. The stock has a market capitalization of $84.40 billion, a PE ratio of 33.54, a price-to-earnings-growth ratio of 2.92 and a beta of 1.27.

NIKE (NYSE:NKE) last posted its earnings results on Thursday, December 18th. The footwear maker reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.37 by $0.16. NIKE had a return on equity of 18.43% and a net margin of 5.43%.The business had revenue of $12.43 billion during the quarter, compared to analyst estimates of $12.19 billion. During the same quarter last year, the company earned $0.78 EPS. The company’s quarterly revenue was up .6% compared to the same quarter last year. As a group, research analysts forecast that NIKE, Inc. will post 2.05 earnings per share for the current fiscal year.

NIKE Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Monday, March 2nd will be issued a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 2.9%. The ex-dividend date is Monday, March 2nd. NIKE’s dividend payout ratio (DPR) is presently 96.47%.

NIKE News Summary

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: RBC/other analysts still see recovery potential, particularly from China, and some firms reaffirm bullish long?term views (RBC’s thesis supports upside to the stock). Nike Faces China Recovery as Key Growth Driver, RBC Says
• Positive Sentiment: Bullish writeups (Rebound Capital summaries syndicated to retail sites) argue NKE’s multiple and brand strength make it a buy for investors positioning for a turnaround. Is NIKE, Inc. (NKE) Stock A Good Buy Right Now?
• Neutral Sentiment: Stifel Nicolaus and other houses are taking cautious stances (e.g., hold ratings remain), reflecting mixed near?term visibility even as some firms set higher price targets. Stifel Nicolaus Sticks to Its Hold Rating for Nike (NKE)
• Neutral Sentiment: Analyst roundups offer mixed takes on consumer cyclicals (Nike included); these compilations add little immediate catalyst but reflect diverging views on timing of the recovery. Analysts Offer Insights on Consumer Cyclical Companies
• Neutral Sentiment: Reports suggest Nike may consider strategic moves around the Converse business — this is speculative and could be either positive (streamlining/non?core sale) or negative (execution risk/one?time costs). ‘Nike Could Exit Converse,’ Says BNP Paribas
• Negative Sentiment: NIKE announced ~ $300M in pre?tax restructuring/severance charges tied to organizational changes and recent layoffs; management signals ongoing cost realignment that will pressure near?term results and prompted the stock pullback. Nike to Record $300 Million Charge From Cost?Cutting Efforts (WSJ)
• Negative Sentiment: Multiple outlets highlight the same $300M severance hit and note CEO Elliott Hill’s restructuring could include additional cuts — increasing short?term execution and margin risk. Nike Restructuring And Severance Charge Test Turnaround Under New CEO

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. Royal Bank Of Canada reiterated an “outperform” rating and issued a $78.00 price target on shares of NIKE in a report on Thursday. DZ Bank restated a “buy” rating on shares of NIKE in a report on Friday, December 19th. Stifel Nicolaus set a $65.00 target price on shares of NIKE and gave the stock a “hold” rating in a research report on Friday, December 19th. Weiss Ratings raised shares of NIKE from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, January 12th. Finally, Needham & Company LLC cut shares of NIKE from a “buy” rating to a “hold” rating in a research report on Thursday, January 8th. Twenty-two research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $74.61.

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).