Lancaster Investment Management Takes $5.75 Million Position in NIKE, Inc. $NKE

Key Points

• Lancaster Investment Management opened a new position in NIKE, buying 90,300 shares in Q4 worth about $5.75 million, which represents roughly 3.0% of its portfolio and is its seventh-largest holding.
• NIKE CEO Elliott Hill bought 16,388 shares on Dec. 29 at about $61.10 per share (~$1.0M), increasing his ownership by 7.28% to 241,587 shares.
• Wall Street sentiment is mixed: the stock has a consensus "Moderate Buy" rating with a $73.20 target, but NKE trades near a one-year low (~$52.95) amid analyst downgrades and earnings-related downside risk ahead of the March 31 report.

Lancaster Investment Management purchased a new position in NIKE, Inc. (NYSE:NKE - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 90,300 shares of the footwear maker's stock, valued at approximately $5,753,000. NIKE makes up about 3.0% of Lancaster Investment Management's investment portfolio, making the stock its 7th biggest holding.

Several other institutional investors have also made changes to their positions in NKE. Mizuho Markets Cayman LP acquired a new stake in shares of NIKE during the 3rd quarter valued at $34,200,000. Exchange Traded Concepts LLC increased its stake in shares of NIKE by 697.5% in the third 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. Strive Asset Management LLC acquired a new position in shares of NIKE in the third quarter worth $1,743,000. Soros Fund Management LLC raised 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 acquiring an additional 75,000 shares in the last quarter. Finally, Brighton Jones LLC boosted its position in NIKE by 54.6% during the third quarter. Brighton Jones LLC now owns 104,791 shares of the footwear maker's stock valued at $7,307,000 after purchasing an additional 37,019 shares during the last quarter. 64.25% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at NIKE

In related news, CEO Elliott Hill acquired 16,388 shares of the business's stock in a transaction that occurred on Monday, December 29th. The shares were acquired at an average cost of $61.10 per share, with a total value of $1,001,306.80. Following the purchase, the chief executive officer owned 241,587 shares of the company's stock, valued at approximately $14,760,965.70. The trade was a 7.28% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.80% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on NKE. Stifel Nicolaus set a $65.00 target price on NIKE and gave the company a "hold" rating in a research note on Friday, December 19th. BNP Paribas Exane cut their price target on NIKE from $38.00 to $35.00 and set an "underperform" rating for the company in a research note on Friday, December 19th. Truist Financial set a $69.00 price target on NIKE in a report on Wednesday, January 14th. Argus lowered their price target on NIKE from $85.00 to $70.00 in a research note on Tuesday, December 23rd. Finally, Piper Sandler set a $75.00 price objective on NIKE and gave the stock an "overweight" rating in a report on Friday, December 19th. Twenty-two investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $73.20.

NIKE Trading Down 1.0%

NIKE stock opened at $52.95 on Thursday. NIKE, Inc. has a one year low of $52.17 and a one year high of $80.17. The company's fifty day moving average price is $60.67 and its two-hundred day moving average price is $64.35. 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 company has a market capitalization of $78.39 billion, a price-to-earnings ratio of 31.15, a PEG ratio of 2.81 and a beta of 1.27.

NIKE Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Monday, March 2nd will be issued a dividend of $0.41 per share. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 3.1%. NIKE's dividend payout ratio is currently 96.47%.

More NIKE News

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Bank of America reiterated a Buy on NKE, highlighting “continued progress” in North America and saying improvement there increases confidence in a broader turnaround; BofA also noted potential tailwinds from World Cup product cycles. Article Title
• Neutral Sentiment: Investors are focused on Nike’s March 31 Q3 earnings release; some commentaries frame the pullback (multi‑year decline) as a buying opportunity if results show North America momentum. Article Title
• Neutral Sentiment: Market coverage notes a recent intraday bounce (prior session close higher), but volume remains below average and price sits near 52‑week lows — suggesting traders are waiting for earnings clarity. Article Title
• Neutral Sentiment: Sector news: competitor On Holding updated leadership amid slowing growth — a reminder of competitive pressures in athletic footwear. Article Title
• Negative Sentiment: Telsey Advisory Group cut its price target from $72 to $65 and moved to Market Perform, signaling tempered upside expectations from analysts. Article Title
• Negative Sentiment: Previews from analysts (Benzinga) expect Q3 total sales declines and an approximate 200 bps contraction in gross margin, driven by persistent weakness in China — a key near‑term risk for results and sentiment. Article Title
• Negative Sentiment: Deutsche Bank issued a pessimistic forecast for NKE, adding downside pressure to sentiment ahead of earnings. Article Title
• Negative Sentiment: Technical/market commentary warns NKE is near a make‑or‑break support level and could test lower prices if earnings disappoint, increasing downside risk for traders. Article Title

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).

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