AMG National Trust Bank Grows Stock Holdings in NIKE, Inc. $NKE

AMG National Trust Bank raised its holdings in NIKE, Inc. (NYSE:NKE) by 148.3% in the 1st quarter, HoldingsChannel reports. The fund owned 37,257 shares of the footwear maker’s stock after acquiring an additional 22,251 shares during the period. AMG National Trust Bank’s holdings in NIKE were worth $1,968,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Westerkirk Capital Inc. boosted its holdings in shares of NIKE by 52.4% in the 4th quarter. Westerkirk Capital Inc. now owns 131,220 shares of the footwear maker’s stock valued at $8,360,000 after purchasing an additional 45,100 shares during the last quarter. Mizuho Markets Cayman LP acquired a new stake in shares of NIKE during the 3rd quarter worth $34,200,000. OMERS ADMINISTRATION Corp increased its holdings in shares of NIKE by 77.9% during the 4th quarter. OMERS ADMINISTRATION Corp now owns 2,526,179 shares of the footwear maker’s stock worth $160,943,000 after buying an additional 1,106,499 shares during the last quarter. PFA Pension Forsikringsaktieselskab purchased a new position in shares of NIKE in the 4th quarter worth $43,188,000. Finally, Nicholas Company Inc. raised its position in shares of NIKE by 33.3% in the 4th quarter. Nicholas Company Inc. now owns 123,652 shares of the footwear maker’s stock worth $7,878,000 after buying an additional 30,890 shares during the period. Hedge funds and other institutional investors own 64.25% of the company’s stock.

Wall Street Analysts Forecast Growth

NKE has been the subject of a number of research reports. Sanford C. Bernstein set a $72.00 price target on NIKE and gave the company an “outperform” rating in a research report on Wednesday, July 1st. Zacks Research downgraded NIKE from a “hold” rating to a “strong sell” rating in a report on Monday, June 1st. CICC Research lowered NIKE from an “outperform” rating to a “market perform” rating and reduced their price objective for the company from $69.00 to $58.00 in a research note on Monday, April 6th. Guggenheim reiterated a “buy” rating and set a $60.00 target price (down from $74.00) on shares of NIKE in a report on Wednesday, July 1st. Finally, HSBC downgraded shares of NIKE from a “buy” rating to a “hold” rating and dropped their target price for the stock from $90.00 to $48.00 in a research report on Monday, April 13th. Thirteen 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’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $54.80.

Insiders Place Their Bets

In other news, EVP Philip Mccartney sold 17,398 shares of the business’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $46.18, for a total value of $803,439.64. Following the completion of the sale, the executive vice president owned 53,133 shares of the company’s stock, valued at approximately $2,453,681.94. The trade was a 24.67% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 0.80% of the stock is currently owned by corporate insiders.

Key Headlines Impacting NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Nike’s dividend yield is drawing renewed attention from income-focused investors, which may provide some support for the stock at current levels. Article Title
• Positive Sentiment: Brand investments are helping strengthen demand and engagement, which could support longer-term growth if Nike can translate spending into better sales trends. Article Title
• Neutral Sentiment: Brokerages currently rate NIKE, Inc. (NYSE: NKE) at an average of “Hold,” reflecting a cautious but not outright bearish stance. Article Title
• Neutral Sentiment: Long-term performance has lagged broad market returns, reinforcing the view that Nike’s stock needs a clearer growth catalyst to re-rate higher. Article Title
• Negative Sentiment: Nike is shifting away from a digital-first growth strategy after online sales declined, raising concerns about the durability of one of its key growth pillars. Article Title
• Negative Sentiment: Several analysts and commentary pieces highlight downside risk, margin pressure, and weak retail conditions, with broader apparel industry headwinds also weighing on sentiment. Article Title
• Negative Sentiment: Higher marketing and transformation costs could squeeze near-term margins, even if brand investments help demand over time. Article Title
• Negative Sentiment: Recent earnings optimism was clouded by one-time tariff refund benefits, making underlying profitability look weaker once that boost is removed. Article Title

NIKE Stock Performance

Shares of NKE opened at $42.94 on Wednesday. The business’s 50 day moving average is $43.70 and its two-hundred day moving average is $52.15. NIKE, Inc. has a 52-week low of $40.00 and a 52-week high of $80.17. The firm has a market cap of $63.59 billion, a price-to-earnings ratio of 20.55, a PEG ratio of 2.53 and a beta of 1.12. The company has a quick ratio of 1.36, a current ratio of 1.96 and a debt-to-equity ratio of 0.40.

NIKE (NYSE:NKE) last released its quarterly earnings results on Tuesday, June 30th. The footwear maker reported $0.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.09. The business had revenue of $10.97 billion during the quarter, compared to the consensus estimate of $10.85 billion. NIKE had a net margin of 6.70% and a return on equity of 16.54%. The business’s quarterly revenue was down 1.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.14 earnings per share. Analysts forecast that NIKE, Inc. will post 1.76 EPS for the current fiscal year.

NIKE Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Monday, June 1st were issued a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend was Monday, June 1st. NIKE’s dividend payout ratio (DPR) is currently 78.47%.

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).