Neuberger Berman Group LLC Purchases 620,226 Shares of NIKE, Inc. $NKE

Key Points

• Neuberger Berman increased its NIKE stake by 25.5%, buying 620,226 shares to hold 3,049,211 shares valued at about $212.6 million (≈0.21% of the company).
• Company insiders boosted positions: CEO Elliott Hill bought 16,388 shares (avg. $61.10) and Director Timothy D. Cook bought 50,000 shares (avg. $58.97), with insiders purchasing 75,079 shares in the past 90 days.
• Mixed outlook — NIKE beat quarterly estimates (EPS $0.53 vs. $0.37; revenue $12.43B) but flagged about $300M in restructuring/severance charges; analysts show a consensus "Moderate Buy" with an average target of $74.61.

Neuberger Berman Group LLC increased its position in NIKE, Inc. (NYSE:NKE - Free Report) by 25.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,049,211 shares of the footwear maker's stock after buying an additional 620,226 shares during the quarter. Neuberger Berman Group LLC owned 0.21% of NIKE worth $212,609,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also added to or reduced their stakes in the business. Main Street Financial Solutions LLC increased its position in NIKE by 4.2% in the 2nd quarter. Main Street Financial Solutions LLC now owns 3,441 shares of the footwear maker's stock valued at $244,000 after acquiring an additional 139 shares during the period. St. Clair Advisors LLC grew its stake in shares of NIKE by 0.9% in the third quarter. St. Clair Advisors LLC now owns 15,217 shares of the footwear maker's stock worth $1,061,000 after purchasing an additional 140 shares during the last quarter. Spirepoint Private Client LLC grew its stake in shares of NIKE by 0.4% in the third quarter. Spirepoint Private Client LLC now owns 36,140 shares of the footwear maker's stock worth $2,520,000 after purchasing an additional 153 shares during the last quarter. Evelyn Partners Investment Management Europe Ltd raised its position in NIKE by 18.5% during the 2nd quarter. Evelyn Partners Investment Management Europe Ltd now owns 997 shares of the footwear maker's stock worth $71,000 after purchasing an additional 156 shares during the last quarter. Finally, CVA Family Office LLC lifted its holdings in NIKE by 8.0% during the 3rd quarter. CVA Family Office LLC now owns 2,113 shares of the footwear maker's stock worth $147,000 after buying an additional 156 shares during the period. 64.25% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have recently weighed in on NKE. Berenberg Bank reissued a "neutral" rating and issued a $70.00 price target on shares of NIKE in a research note on Friday, December 19th. DZ Bank reissued a "buy" rating on shares of NIKE in a research report on Friday, December 19th. Telsey Advisory Group lowered their price target on shares of NIKE from $75.00 to $72.00 and set a "market perform" rating for the company in a report on Friday, December 19th. Piper Sandler set a $75.00 price objective on shares of NIKE and gave the company an "overweight" rating in a research note on Friday, December 19th. Finally, Deutsche Bank Aktiengesellschaft set a $67.00 target price on shares of NIKE in a research note on Thursday, January 8th. Twenty-two investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $74.61.

NIKE News Summary

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: RBC/other analysts still see recovery potential, particularly from China, and some firms reaffirm bullish long‑term views (RBC’s thesis supports upside to the stock). Nike Faces China Recovery as Key Growth Driver, RBC Says
• Positive Sentiment: Bullish writeups (Rebound Capital summaries syndicated to retail sites) argue NKE’s multiple and brand strength make it a buy for investors positioning for a turnaround. Is NIKE, Inc. (NKE) Stock A Good Buy Right Now?
• Neutral Sentiment: Stifel Nicolaus and other houses are taking cautious stances (e.g., hold ratings remain), reflecting mixed near‑term visibility even as some firms set higher price targets. Stifel Nicolaus Sticks to Its Hold Rating for Nike (NKE)
• Neutral Sentiment: Analyst roundups offer mixed takes on consumer cyclicals (Nike included); these compilations add little immediate catalyst but reflect diverging views on timing of the recovery. Analysts Offer Insights on Consumer Cyclical Companies
• Neutral Sentiment: Reports suggest Nike may consider strategic moves around the Converse business — this is speculative and could be either positive (streamlining/non‑core sale) or negative (execution risk/one‑time costs). ‘Nike Could Exit Converse,’ Says BNP Paribas
• Negative Sentiment: NIKE announced ~ $300M in pre‑tax restructuring/severance charges tied to organizational changes and recent layoffs; management signals ongoing cost realignment that will pressure near‑term results and prompted the stock pullback. Nike to Record $300 Million Charge From Cost‑Cutting Efforts (WSJ)
• Negative Sentiment: Multiple outlets highlight the same $300M severance hit and note CEO Elliott Hill’s restructuring could include additional cuts — increasing short‑term execution and margin risk. Nike Restructuring And Severance Charge Test Turnaround Under New CEO

Insider Transactions at NIKE

In other news, CEO Elliott Hill bought 16,388 shares of the business's stock in a transaction that occurred on Monday, December 29th. The shares were bought at an average cost of $61.10 per share, for a total transaction of $1,001,306.80. Following the acquisition, the chief executive officer directly owned 241,587 shares in the company, valued at approximately $14,760,965.70. This trade represents a 7.28% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Timothy D. Cook purchased 50,000 shares of NIKE stock in a transaction that occurred on Monday, December 22nd. The stock was acquired at an average cost of $58.97 per share, with a total value of $2,948,500.00. Following the transaction, the director owned 105,480 shares in the company, valued at $6,220,155.60. This trade represents a 90.12% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have bought 75,079 shares of company stock valued at $4,449,887 over the last ninety days. 0.80% of the stock is owned by company insiders.

NIKE Stock Performance

Shares of NKE opened at $57.01 on Friday. NIKE, Inc. has a one year low of $52.28 and a one year high of $80.19. The company has a market cap of $84.40 billion, a PE ratio of 33.54, a P/E/G ratio of 2.97 and a beta of 1.27. The stock has a 50-day moving average of $63.26 and a 200-day moving average of $66.47. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.06 and a quick ratio of 1.40.

NIKE (NYSE:NKE - Get Free Report) last posted its quarterly earnings results on Thursday, December 18th. The footwear maker reported $0.53 earnings per share for the quarter, topping analysts' consensus estimates of $0.37 by $0.16. The business had revenue of $12.43 billion for the quarter, compared to the consensus estimate of $12.19 billion. NIKE had a return on equity of 18.43% and a net margin of 5.43%.The firm's revenue for the quarter was up .6% on a year-over-year basis. During the same period in the prior year, the business earned $0.78 EPS. On average, equities research analysts predict that NIKE, Inc. will post 2.05 EPS for the current fiscal year.

NIKE Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Monday, March 2nd will be given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Monday, March 2nd. NIKE's dividend payout ratio is presently 96.47%.

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).

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