Telos Capital Management Inc. Invests $2.24 Million in NIKE, Inc. $NKE

Key Points

• Telos Capital Management opened a new position in NIKE during Q4, purchasing 35,198 shares valued at about $2.24 million per its latest 13F filing.
• NIKE is trading near multi‑year lows (12‑month low $42.36) with a market cap of roughly $63.1B and a P/E of 28.2; the company posted a slight revenue gain (+0.1% y/y) and an EPS beat for the quarter but faces operational headwinds and mixed analyst views (consensus rating: Hold, average target $63.31).
• Insiders have recently bought shares (Robert Holmes Swan and John W. Rogers Jr.), institutional ownership is about 64.25%, and NIKE pays a $1.64 annual dividend (yield ~3.9%) though the payout ratio is elevated (~108.6%).

Telos Capital Management Inc. bought a new position in NIKE, Inc. (NYSE:NKE - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 35,198 shares of the footwear maker's stock, valued at approximately $2,242,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in NKE. Brighton Jones LLC grew its position in NIKE by 388.5% during the fourth quarter. Brighton Jones LLC now owns 202,411 shares of the footwear maker's stock valued at $15,316,000 after purchasing an additional 160,980 shares in the last quarter. Caxton Associates LLP purchased a new position in NIKE during the first quarter valued at approximately $311,000. United Bank grew its position in NIKE by 11.3% during the second quarter. United Bank now owns 17,067 shares of the footwear maker's stock valued at $1,212,000 after purchasing an additional 1,736 shares in the last quarter. NewEdge Advisors LLC grew its position in NIKE by 0.3% during the second quarter. NewEdge Advisors LLC now owns 64,161 shares of the footwear maker's stock valued at $4,558,000 after purchasing an additional 197 shares in the last quarter. Finally, BNP Paribas grew its position in NIKE by 7.6% during the second quarter. BNP Paribas now owns 40,341 shares of the footwear maker's stock valued at $2,870,000 after purchasing an additional 2,864 shares in the last quarter. 64.25% of the stock is owned by hedge funds and other institutional investors.

NIKE Stock Performance

NKE stock opened at $42.59 on Friday. The company has a quick ratio of 1.45, a current ratio of 2.14 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $63.06 billion, a price-to-earnings ratio of 28.21, a P/E/G ratio of 2.31 and a beta of 1.31. NIKE, Inc. has a 12 month low of $42.36 and a 12 month high of $80.17. The firm has a 50 day moving average of $56.46 and a two-hundred day moving average of $62.20.

NIKE (NYSE:NKE - Get Free Report) last posted its earnings results on Tuesday, March 31st. The footwear maker reported $0.35 EPS 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 the consensus estimate of $11.23 billion. NIKE had a net margin of 4.84% and a return on equity of 16.41%. The company's revenue for the quarter was up .1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.54 earnings per share. As a group, equities analysts anticipate that NIKE, Inc. will post 2.05 EPS for the current fiscal year.

NIKE Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Monday, March 2nd were given a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend was Monday, March 2nd. NIKE's payout ratio is currently 108.61%.

Key Headlines Impacting NIKE

Here are the key news stories impacting NIKE this week:

• Positive Sentiment: Company director Robert Holmes Swan purchased 11,781 shares at ~\$42.44, a sizable insider buy that can signal confidence in near-term downside support. Read More.
• Positive Sentiment: Nike won the UEFA Champions League match-ball sponsorship from Adidas — a high-visibility win that could help marketing momentum but likely won’t immediately offset operational headwinds. Read More.
• Positive Sentiment: The share-price decline has pushed Nike’s dividend yield and yield attractiveness higher, which may draw income-focused buyers while the operational reset plays out. Read More.
• Neutral Sentiment: Piper Sandler set a Neutral rating with a $50 price target (down from $60), framing Nike as a tactical trade rather than a clear long-term buy or sell; that leaves room for both rebound and further disappointment. Read More.
• Negative Sentiment: Senior innovation leadership is exiting — Tony/Tom Bignall (chief innovation officer) left after under a year — raising investor concern that Nike’s turnaround execution lacks stability and outside perspective. Read More.
• Negative Sentiment: Recent earnings and guidance disappointed: revenue growth stalled, digital sales slipped, and company guidance for the fiscal quarter was lighter than consensus — prompting steep analyst estimate cuts. Read More.
• Negative Sentiment: Macro/structural headwinds persist: industry-wide sneaker weakness and intensifying competition, plus a slow recovery in China, are cited as existential pressures by multiple outlets. Read More. Read More.
• Negative Sentiment: Price and sentiment momentum are negative: the stock has hit new multi‑year and 52‑week lows, and several shops have cut targets/ratings (Piper Sandler, CICC, others), reinforcing downside pressure. Read More.
• Negative Sentiment: Legal/reputational risk: reports of a data‑breach class action add another potential drag (remediation costs, customer churn). Read More.

Analyst Ratings Changes

A number of research analysts recently commented on the stock. Barclays lowered their price objective on shares of NIKE from $73.00 to $67.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 1st. DA Davidson downgraded shares of NIKE from a "buy" rating to a "neutral" rating and lowered their price objective for the company from $72.00 to $46.00 in a research report on Thursday, April 2nd. JPMorgan Chase & Co. reaffirmed a "neutral" rating and set a $52.00 price objective on shares of NIKE in a research report on Wednesday, April 1st. Royal Bank Of Canada reaffirmed a "buy" rating on shares of NIKE in a research report on Wednesday, April 1st. Finally, KeyCorp lowered their price objective on shares of NIKE from $90.00 to $75.00 and set an "overweight" rating on the stock in a research report on Thursday, January 22nd. Eighteen investment analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $63.31.

Insider Activity at NIKE

In other news, Director John W. Rogers, Jr. acquired 4,000 shares of NIKE stock in a transaction dated Thursday, April 9th. The stock was acquired 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 owned 41,022 shares of the company's stock, valued at $1,777,893.48. This represents a 10.80% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Robert Holmes Swan acquired 11,781 shares of the firm's stock in a transaction that occurred on Tuesday, April 7th. The shares were purchased at an average cost 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 $2,337,340.56. This trade represents a 27.21% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.80% of the company's stock.

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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