Newport Trust Company LLC Sells 73,343 Shares of NIKE, Inc. $NKE

Newport Trust Company LLC cut its stake in NIKE, Inc. (NYSE:NKE) by 1.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,685,533 shares of the footwear maker’s stock after selling 73,343 shares during the period. NIKE comprises approximately 0.9% of Newport Trust Company LLC’s holdings, making the stock its 20th largest holding. Newport Trust Company LLC’s holdings in NIKE were worth $396,452,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Exchange Traded Concepts LLC grew its position in NIKE by 697.5% during the 3rd quarter. Exchange Traded Concepts LLC now owns 228,889 shares of the footwear maker’s stock worth $15,960,000 after acquiring an additional 200,187 shares during the last quarter. Brighton Jones LLC boosted its stake in NIKE by 54.6% in the third quarter. Brighton Jones LLC now owns 104,791 shares of the footwear maker’s stock worth $7,307,000 after purchasing an additional 37,019 shares in the last quarter. Soros Fund Management LLC grew its holdings in shares of NIKE by 33.0% during the second quarter. Soros Fund Management LLC now owns 302,320 shares of the footwear maker’s stock worth $21,477,000 after purchasing an additional 75,000 shares during the last quarter. Soltis Investment Advisors LLC increased its stake in shares of NIKE by 238.8% in the second quarter. Soltis Investment Advisors LLC now owns 141,356 shares of the footwear maker’s stock valued at $10,042,000 after buying an additional 99,638 shares in the last quarter. Finally, Banco Santander S.A. increased its stake in shares of NIKE by 28.3% in the second quarter. Banco Santander S.A. now owns 221,117 shares of the footwear maker’s stock valued at $15,708,000 after buying an additional 48,764 shares in the last quarter. Institutional investors own 64.25% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have commented on NKE. Berenberg Bank reissued a “neutral” rating and set a $70.00 price objective on shares of NIKE in a report on Friday, December 19th. UBS Group reiterated a “neutral” rating on shares of NIKE in a research report on Monday, January 5th. Truist Financial set a $69.00 price target on shares of NIKE in a research note on Wednesday, January 14th. Oppenheimer restated an “outperform” rating on shares of NIKE in a research report on Wednesday, December 17th. Finally, Williams Trading reduced their price objective on NIKE from $100.00 to $80.00 and set a “buy” rating on the stock in a report on Friday, December 19th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, NIKE presently has an average rating of “Moderate Buy” and an average price target of $74.65.

More NIKE News

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Investors are revising expectations for NIKE’s strategic turnaround after coverage describing the company’s “Win Now” overhaul — management actions (store, inventory and go?to?market changes) are being framed as improving growth and margin visibility. This story supports a constructive view on execution improving near?term results. How Nike’s “Win Now” Overhaul At NIKE (NKE) Has Changed Its Investment Story
• Positive Sentiment: Distribution expansion: DoorDash’s partnership to sell footwear/apparel through ~1,000 Hibbett stores increases Nike’s omnichannel reach and could boost sales convenience and liquidate slow inventory — a tangible channel tailwind if adoption scales. DoorDash Taps 1,000 Hibbett Stores In Push For Instant Retail
• Neutral Sentiment: KeyCorp lowered its price target (from $90 to $75) but kept an overweight rating — that reduces upside expectations versus prior targets but still signals analyst confidence in mid?term recovery; this is a mixed catalyst for the stock. Nike price target lowered by KeyCorp
• Neutral Sentiment: Analyst roundups and valuation pieces note NIKE’s premium multiple and recent trading volatility — helpful context for investors but not an immediate directional catalyst. Analysts Offer Insights on Consumer Cyclical Companies: Nike (NKE)
• Neutral Sentiment: Personal?finance pieces showing how large a position you’d need for a target dividend (and Dogs of the Dow lists) raise investor interest in yield but don’t change NIKE’s payout profile materially. These stories can attract income?seeking flow but are not fundamental drivers. How much to invest in Nike stock for $1,000 in annual dividends (2026)
• Neutral Sentiment: Valuation/coverage articles highlighting recent choppiness and a valuation premium may weigh on sentiment if results don’t accelerate, but they largely restate current market positioning. Evaluating Nike (NKE) Shares As Recent Trading Choppiness Highlights Valuation Premium
• Negative Sentiment: Bearish analysis warns NIKE has “too little room for error” — high expectations and a premium multiple mean small execution misses could pressure earnings and the stock. This type of critique can amplify selling if subsequent guidance disappoints. Nike: Too Little Room For Error
• Negative Sentiment: Opinion pieces questioning whether NIKE will regain its former outperformance highlight multi?year investor losses and structural concerns, which may keep sentiment cautious and limit a sustained rally until clearer evidence of durable growth appears. Will Nike Stock Ever Be a Winner Again?

Insider Activity

In related news, Director Jorgen Vig Knudstorp purchased 16,150 shares of NIKE stock in a transaction dated Friday, November 7th. The stock was bought at an average price of $62.09 per share, for a total transaction of $1,002,753.50. Following the completion of the acquisition, the director directly owned 21,388 shares of the company’s stock, valued at $1,327,980.92. This represents a 308.32% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Elliott Hill acquired 16,388 shares of the company’s stock in a transaction that occurred on Monday, December 29th. The shares were bought at an average price of $61.10 per share, for a total transaction of $1,001,306.80. Following the completion of the acquisition, the chief executive officer owned 241,587 shares of the company’s stock, valued at $14,760,965.70. This trade represents a 7.28% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last quarter, insiders purchased 91,229 shares of company stock valued at $5,452,640. Company insiders own 0.80% of the company’s stock.

NIKE Trading Down 0.7%

Shares of NYSE NKE opened at $64.97 on Friday. The company’s 50 day simple moving average is $63.91 and its 200 day simple moving average is $69.02. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.06 and a quick ratio of 1.40. The firm has a market capitalization of $96.19 billion, a P/E ratio of 38.22, a P/E/G ratio of 3.36 and a beta of 1.28. NIKE, Inc. has a fifty-two week low of $52.28 and a fifty-two week high of $82.44.

NIKE (NYSE:NKE) last announced its quarterly earnings data 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 analysts’ expectations of $12.19 billion. During the same period in the previous year, the firm earned $0.78 earnings per share. The firm’s quarterly revenue was up .6% compared to the same quarter last year. On average, analysts predict that NIKE, Inc. will post 2.05 EPS for the current year.

NIKE Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 2nd. Stockholders of record on Monday, December 1st were given a dividend of $0.41 per share. This is a positive change from NIKE’s previous quarterly dividend of $0.40. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend was Monday, December 1st. NIKE’s payout ratio is 96.47%.

NIKE Company 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).