Mesirow Financial Investment Management Inc. Boosts Stock Holdings in NIKE, Inc. $NKE

Key Points

• Mesirow Financial Investment Management increased its NIKE stake by 257.3% in the fourth quarter, adding 79,254 shares and bringing its total holdings to 110,062 shares worth about $7.0 million.
• NIKE’s latest quarterly results beat expectations, with earnings of $0.35 per share versus the $0.29 estimate and revenue of $11.28 billion slightly above forecasts. However, revenue grew just 0.1% year over year, and analysts still expect about $1.51 EPS for the full fiscal year.
• The stock remains under pressure near its 52-week low, while analysts are cautious overall: the consensus rating is Hold with an average target price of $62.04, and recent commentary highlighted weak guidance, margin pressure, and turnaround challenges.

Mesirow Financial Investment Management Inc. boosted its position in NIKE, Inc. (NYSE:NKE - Free Report) by 257.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 110,062 shares of the footwear maker's stock after purchasing an additional 79,254 shares during the period. Mesirow Financial Investment Management Inc.'s holdings in NIKE were worth $7,012,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Guerra Advisors Inc purchased a new position in NIKE in the third quarter valued at approximately $34,000. Gordian Capital Singapore Pte Ltd purchased a new stake in shares of NIKE during the third quarter worth $35,000. Accredited Wealth Management LLC lifted its position in shares of NIKE by 268.6% during the third quarter. Accredited Wealth Management LLC now owns 516 shares of the footwear maker's stock worth $36,000 after acquiring an additional 376 shares in the last quarter. Matrix Trust Co lifted its position in shares of NIKE by 43.6% during the fourth quarter. Matrix Trust Co now owns 596 shares of the footwear maker's stock worth $38,000 after acquiring an additional 181 shares in the last quarter. Finally, Ares Financial Consulting LLC purchased a new stake in shares of NIKE during the fourth quarter worth $40,000. Hedge funds and other institutional investors own 64.25% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft dropped their target price on NIKE from $54.00 to $51.00 and set a "hold" rating on the stock in a research report on Wednesday, April 1st. Weiss Ratings downgraded NIKE from a "sell (d+)" rating to a "sell (d)" rating in a research report on Monday, May 4th. Royal Bank Of Canada restated a "buy" rating on shares of NIKE in a research report on Wednesday, April 1st. DZ Bank restated a "buy" rating on shares of NIKE in a research report on Tuesday, April 21st. Finally, Piper Sandler restated a "neutral" rating and set a $50.00 target price (down from $60.00) on shares of NIKE in a research report on Friday, April 10th. Sixteen equities research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $62.04.

NIKE Trading Up 0.0%

NIKE stock opened at $42.37 on Thursday. The stock has a market cap of $62.74 billion, a P/E ratio of 28.06, a PEG ratio of 2.25 and a beta of 1.12. NIKE, Inc. has a fifty-two week low of $41.70 and a fifty-two week high of $80.17. The firm's fifty day moving average price is $48.58 and its 200-day moving average price is $58.41. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.45 and a current ratio of 2.14.

NIKE (NYSE:NKE - Get Free Report) last released its quarterly earnings results on Tuesday, March 31st. The footwear maker reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.06. The firm had revenue of $11.28 billion for the quarter, compared to analysts' expectations of $11.23 billion. NIKE had a net margin of 4.84% and a return on equity of 16.41%. The business's quarterly revenue was up .1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.54 earnings per share. Equities research analysts forecast that NIKE, Inc. will post 1.51 earnings per share for the current fiscal year.

NIKE Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 1st will be issued a $0.41 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a $1.64 annualized dividend and a dividend yield of 3.9%. NIKE's dividend payout ratio is presently 108.61%.

Insider Activity

In other news, Director Timothy D. Cook purchased 25,000 shares of the firm's stock in a transaction dated Friday, April 10th. The shares were purchased at an average price of $42.43 per share, with a total value of $1,060,750.00. Following the completion of the acquisition, the director owned 130,480 shares in the company, valued at $5,536,266.40. This trade represents a 23.70% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Robert Holmes Swan purchased 11,781 shares of the firm's stock in a transaction dated Tuesday, April 7th. The stock was purchased at an average cost of $42.44 per share, for a total transaction of $499,985.64. Following the acquisition, the director owned 55,074 shares of the company's stock, valued at approximately $2,337,340.56. This trade represents a 27.21% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders bought 64,441 shares of company stock worth $2,734,204. Company insiders own 0.80% of the company's stock.

Key NIKE News

Here are the key news stories impacting NIKE this week:

• Negative Sentiment: Multiple reports highlight a steep year-to-date selloff, with investors worried about NIKE’s weak guidance, fading growth momentum, and the stock hitting a 12-year low. Nike freefall hits 12-year low: 3 forces behind $20 YTD wipeout & weak guidance
• Negative Sentiment: Analysts and commentary point to profit-margin pressure, with one report saying NIKE’s margins fell 34%, reinforcing concerns that pricing, costs, and promotions are hurting profitability. Nike's Profit Margins Fell 34%. Here's What Investors Need to Know Before Buying the Dip.
• Negative Sentiment: NIKE’s CEO said the turnaround still needs more time, which may temper hopes for a quick rebound and suggest operational improvements are not yet fully visible in the numbers. Why Nike CEO said the company's turnaround needs more time
• Negative Sentiment: Competition is also a concern, as On Holding reported strong results and double-digit China growth, underscoring that Nike is losing momentum in key growth markets and categories. On Holding beats first-quarter expectations, sees double-digit growth in China as Nike lags
• Neutral Sentiment: State Street disclosed a passive 5% stake in NIKE, which signals continued institutional interest, but the filing was overshadowed by tariff-related legal uncertainty and does not by itself change the near-term outlook. State Street Takes 5% Nike Stake As Tariff Lawsuits Cloud Outlook
• Neutral Sentiment: There is also some potential macro support if China tariffs ease, which could help consumer demand and Nike’s sourcing costs, but this is still more of a possible tailwind than a confirmed catalyst. Which of These 5 Companies Benefits Most From Easing China Tariffs?

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).

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