Pictet Asset Management Holding SA Purchases 502,029 Shares of NIKE, Inc. $NKE

Pictet Asset Management Holding SA raised its position in shares of NIKE, Inc. (NYSE:NKE - Free Report) by 41.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,723,691 shares of the footwear maker's stock after acquiring an additional 502,029 shares during the period. Pictet Asset Management Holding SA owned approximately 0.12% of NIKE worth $109,781,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Mizuho Markets Cayman LP bought a new stake in NIKE during the third quarter valued at about $34,200,000. Strive Asset Management LLC acquired a new position in shares of NIKE during the third quarter valued at about $1,743,000. Park National Corp OH raised its position in shares of NIKE by 81.5% during the fourth quarter. Park National Corp OH now owns 431,055 shares of the footwear maker's stock valued at $27,463,000 after buying an additional 193,514 shares during the last quarter. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD raised its position in shares of NIKE by 106.1% during the third quarter. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD now owns 205,082 shares of the footwear maker's stock valued at $14,343,000 after buying an additional 105,569 shares during the last quarter. Finally, Aberdeen Group plc raised its position in NIKE by 3.9% in the fourth quarter. Aberdeen Group plc now owns 1,914,243 shares of the footwear maker's stock worth $121,956,000 after purchasing an additional 72,681 shares in the last quarter. 64.25% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Director Robert Holmes Swan acquired 11,781 shares of the company's stock in a transaction dated Tuesday, April 7th. The stock was bought at an average price of $42.44 per share, with a total value of $499,985.64. Following the completion of the acquisition, the director owned 55,074 shares in the company, valued at approximately $2,337,340.56. This represents a 27.21% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director John W. Rogers, Jr. purchased 4,000 shares of the firm's stock in a transaction dated Thursday, April 9th. The shares were bought at an average cost of $43.34 per share, for a total transaction of $173,360.00. Following the completion of the purchase, the director directly owned 41,022 shares of the company's stock, valued at $1,777,893.48. The trade was a 10.80% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders purchased 64,441 shares of company stock worth $2,734,204. Corporate insiders own 0.80% of the company's stock.

NIKE Stock Performance

NYSE NKE opened at $45.22 on Tuesday. The firm has a market cap of $66.96 billion, a price-to-earnings ratio of 29.95, a PEG ratio of 2.36 and a beta of 1.31. The company has a 50 day moving average of $52.63 and a 200-day moving average of $60.11. The company has a current ratio of 2.14, a quick ratio of 1.45 and a debt-to-equity ratio of 0.50. NIKE, Inc. has a 1-year low of $42.09 and a 1-year high of $80.17.

NIKE (NYSE:NKE - Get Free Report) last posted its quarterly earnings data 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 company had revenue of $11.28 billion during the quarter, compared to analyst estimates of $11.23 billion. NIKE had a net margin of 4.84% and a return on equity of 16.41%. The company's revenue was up .1% on a year-over-year basis. During the same quarter last year, the business posted $0.54 earnings per share. On average, equities analysts forecast that NIKE, Inc. will post 1.52 earnings per share for the current fiscal year.

NIKE Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Monday, March 2nd were issued a dividend of $0.41 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $1.64 annualized dividend and a dividend yield of 3.6%. NIKE's dividend payout ratio (DPR) is presently 108.61%.

NIKE News Summary

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: NIKE reported a fourth straight quarterly EPS beat ($0.35 vs. $0.29 est.) and management is pointing to a wholesale rebound that helped results — this underpins optimism that scale and distribution are working in Nike’s favor. Nike’s Wholesale Rebound Clashes With Under Armour’s Footwear Freefall
• Positive Sentiment: Analysts flag the 2026 World Cup as a potential Q2 catalyst — product rollouts and marketing tied to the tournament could lift sales and margins if consumer demand responds. Q2 catalyst: Will World Cup innovation deliver the rebound Nike and Adidas need?
• Neutral Sentiment: Coverage on Nike’s “Win Now” strategy highlights a tighter product focus, wholesale reset and digital upgrades — these moves could revive growth but may take multiple quarters to materially change top-line trajectory. Is NIKE's "Win Now" Strategy Finally Turning the Swoosh Around?
• Positive Sentiment: Independent bullish research summarized on Yahoo highlights a valuation/earnings-recovery case for investors who view current weakness as a buying opportunity — this supports demand from value-seeking shareholders. Is NIKE, Inc. (NKE) A Good Stock To Buy Now?
• Negative Sentiment: Rising tariff pressure could add roughly $1.5 billion in U.S. product costs, per analysis cited in coverage — a material headwind to margins that is largely out of Nike’s control. Tariffs, Volatility, and Nike: Is It Still a Long-Term Buy?
• Negative Sentiment: Nike announced a second round of layoffs, signalling continued cost cutting but also reflecting ongoing operational strain and demand weakness that could weigh near-term revenue and investor sentiment. As Nike Announces Second Round of Layoffs, Is NKE Stock a Buy, Sell, or Hold?

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. CICC Research lowered shares of NIKE from an "outperform" rating to a "market perform" rating and dropped their price target for the stock from $69.00 to $58.00 in a research report on Monday, April 6th. KeyCorp dropped their price target on shares of NIKE from $90.00 to $75.00 and set an "overweight" rating for the company in a research report on Thursday, January 22nd. HSBC lowered shares of NIKE from a "buy" rating to a "hold" rating and dropped their price target for the stock from $90.00 to $48.00 in a research report on Monday, April 13th. Citigroup dropped their price target on shares of NIKE from $65.00 to $53.00 and set a "neutral" rating for the company in a research report on Wednesday, April 1st. Finally, Sanford C. Bernstein reissued a "buy" rating on shares of NIKE in a research report on Friday. Seventeen analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat, NIKE currently has an average rating of "Hold" and an average price target of $62.34.

About NIKE

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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