Hsbc Holdings PLC Sells 146,551 Shares of NIKE, Inc. $NKE

21 Jun 2026, 09:36 by Kim Johansen · The Markets Daily

Hsbc Holdings PLC decreased its stake in NIKE, Inc. (NYSE:NKE – Free Report) by 5.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,531,770 shares of the footwear maker’s stock after selling 146,551 shares during the quarter. Hsbc Holdings PLC’s holdings in NIKE were worth $161,391,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of NKE. Vanguard Group Inc. lifted its position in NIKE by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 116,993,541 shares of the footwear maker’s stock worth $7,453,658,000 after buying an additional 1,702,342 shares during the last quarter. State Street Corp increased its position in NIKE by 2.2% during the fourth quarter. State Street Corp now owns 59,315,606 shares of the footwear maker’s stock valued at $3,802,807,000 after acquiring an additional 1,275,494 shares during the last quarter. Capital World Investors raised its stake in shares of NIKE by 16.2% in the fourth quarter. Capital World Investors now owns 49,069,951 shares of the footwear maker’s stock valued at $3,126,246,000 after acquiring an additional 6,830,938 shares during the period. J. Stern & Co. LLP raised its stake in shares of NIKE by 49,010.4% in the fourth quarter. J. Stern & Co. LLP now owns 48,054,542 shares of the footwear maker’s stock valued at $3,061,555,000 after acquiring an additional 47,956,692 shares during the period. Finally, Geode Capital Management LLC raised its stake in shares of NIKE by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 26,442,879 shares of the footwear maker’s stock valued at $1,677,251,000 after acquiring an additional 233,925 shares during the period. Hedge funds and other institutional investors own 64.25% of the company’s stock.

Insiders Place Their Bets

In other news, Director John W. Rogers, Jr. purchased 4,000 shares of the stock in a transaction that occurred on Thursday, April 9th. The stock was purchased at an average price of $43.34 per share, for a total transaction of $173,360.00. Following the completion of the acquisition, the director owned 41,022 shares of the company’s stock, valued at approximately $1,777,893.48. This trade represents a 10.80% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Elliott Hill purchased 23,660 shares of the stock in a transaction that occurred on Monday, April 13th. The stock was purchased at an average price of $42.27 per share, with a total value of $1,000,108.20. Following the acquisition, the chief executive officer directly owned 265,247 shares of the company’s stock, valued at $11,211,990.69. This trade represents a 9.79% increase in their position. The SEC filing for this purchase provides additional information. Over the last three months, insiders purchased 64,441 shares of company stock worth $2,734,204. 0.80% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Piper Sandler reaffirmed a “neutral” rating and set a $50.00 price target (down from $60.00) on shares of NIKE in a research note on Friday, April 10th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of NIKE in a research report on Monday, April 13th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of NIKE from $54.00 to $51.00 and set a “hold” rating for the company in a research note on Wednesday, April 1st. Citigroup dropped their target price on NIKE from $53.00 to $47.00 and set a “neutral” rating for the company in a research report on Wednesday, June 10th. Finally, The Goldman Sachs Group restated a “neutral” rating and set a $52.00 target price on shares of NIKE in a research report on Friday, June 5th. Fifteen analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, NIKE has a consensus rating of “Hold” and an average price target of $60.89.

Read Our Latest Analysis on NKE

NIKE News Roundup

Here are the key news stories impacting NIKE this week:

Positive Sentiment: Barclays reiterated a Buy rating on NIKE, which can support sentiment by signaling that analysts still see upside in the stock. Barclays Remains a Buy on Nike (NKE)
Positive Sentiment: NIKE outperformed the broader market in the latest trading session, suggesting traders may be positioning ahead of upcoming earnings and looking for signs that the turnaround is taking hold. Nike (NKE) Outperforms Broader Market: What You Need to Know
Positive Sentiment: Coverage highlighted stronger traction in one major market and signs that NIKE’s recovery is gaining momentum, which could improve confidence in the company’s earnings outlook. Headed Into Earnings, Nike Stock Is Trading Lower Than It Was a Decade Ago. But Is the Turnaround Finally Working?

NIKE Stock Up 0.0%

Shares of NKE opened at $45.22 on Friday. The firm has a fifty day moving average price of $44.39 and a 200-day moving average price of $54.79. The company has a current ratio of 2.14, a quick ratio of 1.45 and a debt-to-equity ratio of 0.50. The firm has a market capitalization of $66.97 billion, a P/E ratio of 29.95, a P/E/G ratio of 1.96 and a beta of 1.12. NIKE, Inc. has a 12-month low of $41.35 and a 12-month high of $80.17.

NIKE (NYSE:NKE – Get Free Report) last posted its quarterly 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. NIKE had a net margin of 4.84% and a return on equity of 16.41%. The company had revenue of $11.28 billion for the quarter, compared to the consensus estimate of $11.23 billion. During the same quarter last year, the firm posted $0.54 EPS. The firm’s revenue was up .1% compared to the same quarter last year. Equities research analysts expect that NIKE, Inc. will post 1.49 earnings per share for the current year.

NIKE Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 1st will be paid a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date is Monday, June 1st. NIKE’s dividend payout ratio is currently 108.61%.

NIKE Company Profile

(Free Report)

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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