NIKE, Inc. $NKE Shares Acquired by Connor Clark & Lunn Investment Management Ltd.

Key Points

• Connor Clark & Lunn raised its NIKE stake by 60.7% in Q3 and now owns 396,632 shares worth about $27.66 million after buying an additional 149,891 shares.
• Insider purchases totaled 75,079 shares (~$4.45M) last quarter, including CEO Elliott Hill buying 16,388 shares and Director Timothy D. Cook buying 50,000 shares, signaling insider conviction despite recent volatility.
• Earnings beat and mixed outlook: Nike topped estimates (Q EPS $0.53 vs $0.37; revenue $12.43B vs $12.19B) and received a Barclays upgrade to Overweight (TP $73), but the stock is trading lower amid China and Converse headwinds and ongoing valuation debate.

Connor Clark & Lunn Investment Management Ltd. raised its holdings in shares of NIKE, Inc. (NYSE:NKE - Free Report) by 60.7% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 396,632 shares of the footwear maker's stock after buying an additional 149,891 shares during the period. Connor Clark & Lunn Investment Management Ltd.'s holdings in NIKE were worth $27,657,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of NKE. Twin Peaks Wealth Advisors LLC acquired a new position in shares of NIKE in the 2nd quarter worth $31,000. Guerra Advisors Inc acquired a new stake in shares of NIKE during the third quarter worth $34,000. Gordian Capital Singapore Pte Ltd purchased a new stake in shares of NIKE during the third quarter valued at $35,000. Accredited Wealth Management LLC boosted its position in shares of NIKE by 268.6% in the 3rd quarter. Accredited Wealth Management LLC now owns 516 shares of the footwear maker's stock valued at $36,000 after purchasing an additional 376 shares during the period. Finally, Abich Financial Wealth Management LLC acquired a new position in shares of NIKE in the 3rd quarter valued at $43,000. Institutional investors own 64.25% of the company's stock.

Insider Buying and Selling at NIKE

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

NIKE News Summary

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Barclays upgraded NKE to Overweight and raised its price target (to $73), arguing Nike has likely hit a "fundamental bottom" thanks to operational progress and disciplined management — a major reason some investors remain constructive. Nike's Stock Gets an Upgrade (Investopedia)
• Positive Sentiment: MarketBeat and other outlets highlight strong North American signs (double‑digit wholesale growth, improved full‑price sell‑through) and a re-energized product pipeline (running, basketball, World Cup bookings), supporting a potential recovery if the trend continues. Just Buy It? Barclays Thinks Nike Is Ready to Run (MarketBeat)
• Neutral Sentiment: Investor attention has spiked — trading volumes and search interest are up — which can amplify moves in either direction depending on next company data or macro headlines. Investors Heavily Search NIKE (Zacks)
• Neutral Sentiment: Valuation debate is active: some analysts view the pullback as an attractive entry (potential upside to consensus targets), while others argue price still reflects material near‑term risk — earnings and margin trajectory will drive re‑rating. Assessing Nike Valuation (Yahoo Finance)
• Negative Sentiment: Lingering headwinds: Greater China sales remain weak and the Converse reset continues to pressure overall results — these international and brand-specific issues keep downside risk if recovery momentum stalls. Just Buy It? Barclays Thinks Nike Is Ready to Run (MarketBeat)
• Negative Sentiment: Some commentators and analysts argue the multi‑year share-price decline and recent volatility justify caution or selling, pointing to decelerating long-term returns and specific short-term risks. 3 Reasons to Sell NKE (Yahoo Finance)
• Negative Sentiment: Short-term downward moves and headlines (Zacks flagged a larger-than-market decline) show the stock remains sensitive to sentiment swings despite the upgrade — expect continued volatility until earnings confirm a sustained recovery. Nike Registers a Bigger Fall Than the Market (Zacks)

NIKE Trading Down 2.9%

NYSE:NKE opened at $54.10 on Friday. The stock has a market cap of $80.08 billion, a PE ratio of 31.82, a price-to-earnings-growth ratio of 2.85 and a beta of 1.27. NIKE, Inc. has a fifty-two week low of $52.28 and a fifty-two week high of $80.17. 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 stock's 50-day moving average is $62.72 and its two-hundred day moving average is $65.88.

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 (EPS) for the quarter, topping analysts' consensus estimates of $0.37 by $0.16. The business had revenue of $12.43 billion during the quarter, compared to analyst estimates of $12.19 billion. NIKE had a net margin of 5.43% and a return on equity of 18.43%. During the same period in the prior year, the firm earned $0.78 earnings per share. The firm's revenue was up .6% compared to the same quarter last year. As a group, equities research analysts forecast that NIKE, Inc. will post 2.05 earnings per share for the current fiscal year.

NIKE Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Monday, March 2nd will be given a $0.41 dividend. The ex-dividend date is Monday, March 2nd. This represents a $1.64 dividend on an annualized basis and a yield of 3.0%. NIKE's dividend payout ratio is presently 96.47%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Guggenheim restated a "buy" rating on shares of NIKE in a report on Wednesday, December 31st. Wells Fargo & Company set a $65.00 target price on shares of NIKE and gave the stock an "overweight" rating in a research report on Friday, December 19th. Bank of America cut their price target on shares of NIKE from $84.00 to $73.00 and set a "buy" rating on the stock in a report on Friday, December 19th. Berenberg Bank restated a "neutral" rating and issued a $70.00 price target on shares of NIKE in a research report on Friday, December 19th. Finally, Weiss Ratings upgraded shares of NIKE from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Monday, January 12th. Twenty-three investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, NIKE presently has a consensus rating of "Moderate Buy" and a consensus target price of $74.90.

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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