NIKE, Inc. $NKE Stock Position Lessened by Chevy Chase Trust Holdings LLC

Key Points

• Chevy Chase Trust Holdings LLC trimmed its NIKE position by 2.3%, selling 19,066 shares to hold 793,747 shares valued at about $55.35 million, and institutional investors now own roughly 64.25% of the stock.
• Insiders increased exposure recently—directors Robert Holmes Swan and Timothy D. Cook bought meaningful stakes (8,691 and 50,000 shares respectively), with insiders purchasing 75,079 shares (~$4.45M) over the last 90 days.
• Barclays upgraded NIKE to Overweight citing a North America recovery and product momentum, and Nike beat quarterly EPS ($0.53 vs. $0.37) on $12.43B revenue, but the stock faces short‑term selling and moderately bearish options positioning while analysts maintain a Moderate Buy consensus with an average target of $74.90.

Chevy Chase Trust Holdings LLC trimmed its holdings in shares of NIKE, Inc. (NYSE:NKE - Free Report) by 2.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 793,747 shares of the footwear maker's stock after selling 19,066 shares during the period. Chevy Chase Trust Holdings LLC owned approximately 0.05% of NIKE worth $55,348,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of NKE. Twin Peaks Wealth Advisors LLC bought a new position in NIKE in the 2nd quarter valued at about $31,000. Guerra Advisors Inc acquired a new position in NIKE during the 3rd quarter valued at about $34,000. Gordian Capital Singapore Pte Ltd bought a new stake in shares of NIKE during the 3rd quarter worth about $35,000. Accredited Wealth Management LLC raised its position in shares of NIKE by 268.6% during the 3rd quarter. Accredited Wealth Management LLC now owns 516 shares of the footwear maker's stock worth $36,000 after buying an additional 376 shares in the last quarter. Finally, Abich Financial Wealth Management LLC acquired a new stake in shares of NIKE in the 3rd quarter worth approximately $43,000. 64.25% of the stock is currently owned by institutional investors.

NIKE News Roundup

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Barclays upgraded NKE to an Overweight, citing a clear North America recovery, stronger wholesale bookings, and a refreshed product pipeline that could drive margin recovery and re‑rating. This upgrade is the main bullish catalyst today. Barclays upgrades NIKE (NKE)
• Positive Sentiment: Multiple outlets (MarketBeat, TheStreet) amplified the Barclays call, highlighting improving North America sales, inventory cleanup and product momentum — factors that could support upside if execution continues. Just Buy It? Barclays Thinks Nike Is Ready to Run
• Neutral Sentiment: Nike promoted Cimarron Nix to chief sustainability officer, adding supply‑chain and labor expertise to management — a governance/ESG move that may help long‑term brand and operational resilience but is unlikely to move near‑term earnings. Can Nike’s New Sustainability Chief Reframe NKE’s Long-Term Competitive Edge Story?
• Negative Sentiment: Short‑term selling: recent coverage notes a bigger single‑day decline and extended multi‑month underperformance — investor skepticism persists despite the upgrade. That ongoing weakness is pressuring the stock. Nike (NKE) Registers a Bigger Fall Than the Market
• Negative Sentiment: Options market shows moderately bearish positioning and higher implied volatility, with elevated demand for downside protection — a signal that traders expect continued near‑term swings. Option traders moderately bearish in Nike
• Negative Sentiment: Bearish analyst/editorial pieces cite ongoing risks (China weakness, Converse reset, valuation concerns) and list reasons to sell — these narratives can keep downward pressure until clearer signs of global stabilization appear. 3 Reasons to Sell NKE

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. BTIG Research reiterated a "buy" rating and issued a $100.00 price objective on shares of NIKE in a report on Tuesday, January 27th. Needham & Company LLC downgraded NIKE from a "buy" rating to a "hold" rating in a research report on Thursday, January 8th. Citigroup restated a "neutral" rating and issued a $65.00 target price (down from $70.00) on shares of NIKE in a research report on Friday, December 19th. Raymond James Financial reaffirmed a "market perform" rating on shares of NIKE in a research note on Monday, December 15th. Finally, Berenberg Bank reissued a "neutral" rating and issued a $70.00 price objective on shares of NIKE in a research note on Friday, December 19th. Twenty-three investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $74.90.

Insiders Place Their Bets

In other news, Director Robert Holmes Swan purchased 8,691 shares of NIKE stock in a transaction that occurred on Monday, December 22nd. The stock was acquired at an average price of $57.54 per share, for a total transaction of $500,080.14. Following the transaction, the director owned 43,293 shares in the company, valued at $2,491,079.22. The trade was a 25.12% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Timothy D. Cook acquired 50,000 shares of the firm's stock in a transaction that occurred on Monday, December 22nd. The stock was purchased at an average cost of $58.97 per share, with a total value of $2,948,500.00. Following the purchase, the director directly owned 105,480 shares in the company, valued at approximately $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 bought a total of 75,079 shares of company stock worth $4,449,887 over the last ninety days. 0.80% of the stock is currently owned by company insiders.

NIKE Stock Down 0.2%

Shares of NIKE stock opened at $54.00 on Monday. NIKE, Inc. has a 12-month low of $52.28 and a 12-month high of $80.17. The firm has a market capitalization of $79.93 billion, a PE ratio of 31.76, a price-to-earnings-growth ratio of 2.76 and a beta of 1.27. The company has a quick ratio of 1.40, a current ratio of 2.06 and a debt-to-equity ratio of 0.50. The stock's fifty day moving average is $62.53 and its 200-day moving average is $65.52.

NIKE (NYSE:NKE - Get Free Report) last released its quarterly earnings results on Thursday, December 18th. The footwear maker reported $0.53 earnings per share for the quarter, beating 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 return on equity of 18.43% and a net margin of 5.43%.NIKE's revenue for the quarter was up .6% on a year-over-year basis. During the same quarter last year, the company posted $0.78 EPS. Equities analysts anticipate that NIKE, Inc. will post 2.05 earnings per share for the current year.

NIKE Dividend Announcement

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

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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