NIKE, Inc. $NKE Stock: Robeco Institutional Asset Management B.V. Decreases Position

Key Points

• Robeco Institutional Asset Management B.V. cut its NIKE position by 61.3% in the third quarter, selling 106,404 shares and retaining 67,041 shares valued at approximately $2.37 million. Institutional investors collectively own 64.25% of the company.
• NIKE’s latest quarterly results exceeded EPS expectations at $0.48 versus $0.43, but revenue fell 4.3% year over year to $11.21 billion. The company also maintains a quarterly dividend of $0.41 per share, equivalent to a 4.4% annual yield.
• Analyst sentiment remains mixed: some firms see recovery potential and price targets as high as $50, while others cite slowing digital sales, China weakness and competitive pressure. MarketBeat reports a consensus “Reduce” rating with an average price target of $40.93.

Robeco Institutional Asset Management B.V. lowered its stake in shares of NIKE, Inc. (NYSE:NKE - Free Report) by 61.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 67,041 shares of the footwear maker's stock after selling 106,404 shares during the period. Robeco Institutional Asset Management B.V.'s holdings in NIKE were worth $2,373,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Scarborough Advisors LLC bought a new stake in shares of NIKE in the first quarter valued at $25,000. Meeder Asset Management Inc. grew its stake in shares of NIKE by 108.4% during the 1st quarter. Meeder Asset Management Inc. now owns 548 shares of the footwear maker's stock worth $29,000 after acquiring an additional 285 shares during the period. Atlas Wealth LLC bought a new position in shares of NIKE during the 1st quarter worth $31,000. University of Texas Texas AM Investment Management Co. bought a new position in shares of NIKE during the 2nd quarter worth $33,000. Finally, Main Street Group LTD bought a new position in shares of NIKE during the 1st quarter worth $36,000. Hedge funds and other institutional investors own 64.25% of the company's stock.

Key Stories Impacting NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Guggenheim and BTIG Research reaffirmed Buy ratings and $50 price targets, implying substantial upside from current levels. Barclays also raised its target to $45 and said the shares may be near a bottom. Guggenheim rating Barclays raises Nike price target
• Positive Sentiment: Investors continue to look for evidence that Nike’s brand reset is gaining traction. Recent quarterly earnings exceeded EPS expectations, while rebuilding wholesale relationships and managing inventory could support a longer-term recovery. Nike turnaround article
• Positive Sentiment: Nike plans to bring back a popular retro lifestyle shoe next year, a move that could provide incremental support for consumer interest and its lifestyle business. Nike retro shoe return
• Neutral Sentiment: Nike will hold an Investor Day on November 16–17, with key presentations webcast on November 17. Investors may look for updated targets and details on the turnaround strategy. Nike 2026 Investor Day webcast
• Negative Sentiment: Wolfe Research initiated coverage with an Underperform rating and a $28 price target, citing roughly 25% potential downside. The sharply lower target adds to investor concerns about the pace of earnings recovery.
• Negative Sentiment: A sector-wide retail selloff pushed athletic-apparel stocks lower, with Nike declining alongside Lululemon and Under Armour. This indicates broader concerns about discretionary consumer demand, not solely company-specific weakness. Athletic apparel stock selloff
• Negative Sentiment: Analysts remain concerned about slowing digital sales, weaker direct-to-consumer performance in Greater China, ongoing sales declines and continued competitive pressure in China. UBS maintained a Neutral rating, underscoring uncertainty over the recovery timeline. Nike digital sales slowdown

NIKE Trading Up 0.0%

Shares of NKE stock opened at $37.31 on Monday. The company has a market capitalization of $55.42 billion, a PE ratio of 17.94, a price-to-earnings-growth ratio of 4.37 and a beta of 1.09. NIKE, Inc. has a 52-week low of $31.97 and a 52-week high of $70.44. The business's fifty day moving average is $37.12 and its 200 day moving average is $41.26. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.39 and a current ratio of 2.07.

NIKE (NYSE:NKE - Get Free Report) last posted its earnings results on Thursday, October 1st. The footwear maker reported $0.48 EPS for the quarter, topping the consensus estimate of $0.43 by $0.05. The business had revenue of $11.21 billion during the quarter, compared to analysts' expectations of $11.32 billion. NIKE had a return on equity of 15.94% and a net margin of 6.74%. The firm's revenue was down 4.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.49 earnings per share. NIKE has set its FY 2027 guidance at 1.150-1.350 EPS. On average, equities research analysts anticipate that NIKE, Inc. will post 1.22 EPS for the current fiscal year.

NIKE Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Tuesday, September 1st were given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date was Tuesday, September 1st. NIKE's dividend payout ratio (DPR) is 78.85%.

Analyst Ratings Changes

NKE has been the subject of several recent research reports. Evercore decreased their price objective on NIKE from $46.00 to $28.00 in a report on Monday, September 28th. Freedom Broker raised shares of NIKE from a "hold" rating to a "buy" rating and dropped their price objective for the company from $54.00 to $51.00 in a report on Friday, October 2nd. Stifel Nicolaus cut their target price on shares of NIKE from $40.00 to $36.00 and set a "hold" rating for the company in a research report on Friday, October 2nd. Wall Street Zen lowered shares of NIKE from a "hold" rating to a "sell" rating in a research report on Saturday, October 3rd. Finally, Rothschild & Co Redburn reduced their target price on shares of NIKE from $45.00 to $37.00 and set a "sell" rating for the company in a research note on Friday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, twenty-one have assigned a Hold rating and eleven have given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Reduce" and an average price target of $40.93.

Insiders Place Their Bets

In other news, CFO Matthew Friend sold 2,463 shares of the business's stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $41.60, for a total transaction of $102,460.80. Following the completion of the transaction, the chief financial officer owned 82,165 shares of the company's stock, valued at approximately $3,418,064. The trade was a 2.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Philip McCartney sold 2,559 shares of the company's stock in a transaction that occurred on Wednesday, September 9th. The stock was sold at an average price of $37.59, for a total transaction of $96,192.81. Following the completion of the transaction, the executive vice president owned 78,121 shares in the company, valued at approximately $2,936,568.39. This trade represents a 3.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 14,974 shares of company stock worth $600,126. Insiders own 1.10% of the company's stock.

NIKE Company Profile

NIKE, Inc is a global athletic footwear, apparel, equipment and accessories company headquartered near Beaverton, Oregon. The company designs, develops, markets and sells products under the Nike, Jordan and Converse brands, serving athletes and consumers across a broad range of sports and lifestyle categories.

NIKE's product portfolio includes athletic and casual footwear, performance and lifestyle apparel, sports equipment, accessories and digital fitness-related offerings. The company distributes its products through company-owned retail stores, digital platforms and wholesale partners, while also operating direct-to-consumer and membership programs.

The company traces its origins to 1964, when Phil Knight and Bill Bowerman founded Blue Ribbon Sports.

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