Mitsubishi UFJ Asset Management Co. Ltd. Buys 148,224 Shares of NIKE, Inc. $NKE

Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in NIKE, Inc. (NYSE:NKE) by 6.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,636,061 shares of the footwear maker’s stock after buying an additional 148,224 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.18% of NIKE worth $166,810,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in NKE. Brighton Jones LLC raised its stake in shares of NIKE by 388.5% in the fourth quarter. Brighton Jones LLC now owns 202,411 shares of the footwear maker’s stock valued at $15,316,000 after purchasing an additional 160,980 shares in the last quarter. Caxton Associates LLP acquired a new stake in NIKE during the first quarter worth $311,000. United Bank increased its holdings in NIKE by 11.3% in the 2nd 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. NewEdge Advisors LLC increased its holdings in NIKE by 0.3% in the 2nd quarter. NewEdge Advisors LLC now owns 64,161 shares of the footwear maker’s stock valued at $4,558,000 after buying an additional 197 shares during the period. Finally, CIBC Asset Management Inc raised its stake in shares of NIKE by 6.5% in the 2nd quarter. CIBC Asset Management Inc now owns 191,268 shares of the footwear maker’s stock valued at $13,588,000 after buying an additional 11,646 shares in the last quarter. 64.25% of the stock is owned by institutional investors and hedge funds.

NIKE Trading Up 1.9%

NKE stock opened at $43.87 on Thursday. The company has a quick ratio of 1.45, a current ratio of 2.14 and a debt-to-equity ratio of 0.50. NIKE, Inc. has a twelve month low of $42.09 and a twelve month high of $80.17. The company has a market cap of $64.97 billion, a P/E ratio of 29.05, a PEG ratio of 2.28 and a beta of 1.12. The business has a fifty day moving average of $50.56 and a 200-day moving average of $59.30.

NIKE (NYSE:NKE) last posted its quarterly earnings results 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 business had revenue of $11.28 billion for the quarter, compared to analysts’ expectations of $11.23 billion. NIKE had a return on equity of 16.41% and a net margin of 4.84%.The firm’s quarterly revenue was up .1% compared to the same quarter last year. During the same quarter last year, the business earned $0.54 earnings per share. As a group, equities research analysts expect that NIKE, Inc. will post 1.51 EPS for the current year.

NIKE Announces Dividend

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

Wall Street Analyst Weigh In

NKE has been the topic of several recent research reports. Stifel Nicolaus decreased their target price on shares of NIKE from $65.00 to $56.00 and set a “hold” rating on the stock in a research report on Wednesday, April 1st. Truist Financial cut their price target on shares of NIKE from $69.00 to $57.00 and set a “buy” rating for the company in a research note on Wednesday, April 1st. Robert W. Baird decreased their price objective on NIKE from $85.00 to $70.00 and set an “outperform” rating on the stock in a report on Wednesday, April 1st. DA Davidson lowered NIKE from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $72.00 to $46.00 in a research note on Thursday, April 2nd. Finally, Citigroup dropped their target price on NIKE from $65.00 to $53.00 and set a “neutral” rating for the company in a report on Wednesday, April 1st. Seventeen investment analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $62.34.

Key NIKE News

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: NIKE declared a quarterly dividend of $0.41 per share (record June 1, payable July 1), implying a ~3.8% yield — a cash-return move that can steady income-oriented holders and improve sentiment. (Company release)
• Positive Sentiment: Market commentary is bullish on the dividend and potential restart of growth, arguing the payout signals management confidence in cash flows and could help stabilize the stock. MSN: Dividend Confidence
• Positive Sentiment: Analyst-target commentary highlights a large gap between the current share price and the Wall Street consensus target (~$62), creating a narrative of meaningful upside for value-seeking investors — this thesis can attract bargain hunters and long-only funds. 247wallst: 41% Upside Thesis
• Neutral Sentiment: Berenberg reiterated a “neutral” rating on NKE — a reminder that some brokers remain cautious even as others highlight upside, contributing to mixed analyst signals. MarketScreener: Berenberg Neutral
• Neutral Sentiment: Coverage on NIKE’s wholesale rebuild notes that restoring wholesale relationships is key to market-share recovery but may not immediately offset margin pressure — this is a medium-term operational story rather than an immediate earnings cure. Zacks: Wholesale Rebuild
• Negative Sentiment: Short interest has surged, according to reporting, increasing bets against NIKE and adding pressure on CEO Elliott Hill — elevated shorting can amplify downward moves and heighten volatility. Reuters: Short Bets Surge
• Negative Sentiment: NIKE is under an EEOC probe over DEI practices, a governance/legal overhang that increases execution risk and could weigh on multiple stakeholder relationships while the investigation proceeds. The Motley Fool: EEOC Probe

Insider Buying and Selling at NIKE

In other NIKE news, Director John W. Rogers, Jr. acquired 4,000 shares of NIKE stock in a transaction on Thursday, April 9th. The shares were purchased at an average cost of $43.34 per share, with a total value of $173,360.00. Following the completion of the purchase, the director owned 41,022 shares in the company, valued at $1,777,893.48. The trade was a 10.80% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Elliott Hill bought 23,660 shares of the stock in a transaction on Monday, April 13th. The shares were acquired at an average cost of $42.27 per share, with a total value of $1,000,108.20. Following the acquisition, the chief executive officer directly owned 265,247 shares in the company, valued at approximately $11,211,990.69. This trade represents a 9.79% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have purchased 64,441 shares of company stock worth $2,734,204 in the last 90 days. Corporate insiders own 0.80% 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).