Varma Mutual Pension Insurance Co Has $14.21 Million Stock Position in NIKE, Inc. $NKE

05 May 2026, 08:36 by Amy Steele · The Cerbat Gem

Varma Mutual Pension Insurance Co reduced its holdings in NIKE, Inc. (NYSE:NKE – Free Report) by 7.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 222,995 shares of the footwear maker’s stock after selling 18,800 shares during the quarter. Varma Mutual Pension Insurance Co’s holdings in NIKE were worth $14,207,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Mizuho Markets Cayman LP purchased a new position in shares of NIKE in the 3rd quarter worth approximately $34,200,000. PFA Pension Forsikringsaktieselskab purchased a new position in shares of NIKE in the 4th quarter worth approximately $43,188,000. Strive Asset Management LLC purchased a new position in shares of NIKE in the 3rd quarter worth approximately $1,743,000. Park National Corp OH boosted its stake in shares of NIKE by 81.5% in the 4th quarter. Park National Corp OH now owns 431,055 shares of the footwear maker’s stock worth $27,463,000 after buying an additional 193,514 shares during the last quarter. Finally, Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD boosted its stake in shares of NIKE by 106.1% in the 3rd quarter. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD now owns 205,082 shares of the footwear maker’s stock worth $14,343,000 after buying an additional 105,569 shares during the last quarter. 64.25% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting NIKE

Here are the key news stories impacting NIKE this week:

Positive Sentiment: Board declared a $0.41 quarterly cash dividend payable July 1 to shareholders of record June 1, implying an annualized yield near 3.8% — supports shareholder returns and may attract income-focused investors. NIKE, Inc. Declares $0.41 Quarterly Dividend (BusinessWire)
Neutral Sentiment: Dividend yield comparisons to peers highlight that Nike’s yield (~3.7–3.8%) is lower than some telecom/dividend names, but analysts note differing cash profiles — useful context for income vs. growth investors. Verizon Has a Dividend Yield Of 5.9% and Nike’s Is 3.7% (The Motley Fool)
Neutral Sentiment: Press coverage of the dividend was widely distributed (e.g., Yahoo); the announcement itself is not a surprise but confirms the company’s capital allocation stance. NIKE, Inc. Declares $0.41 Quarterly Dividend (Yahoo)
Negative Sentiment: Recent results show meaningful earnings pressure — reports cite EPS down roughly 35% year-over-year — raising concerns about near-term profitability and growth recovery. Earnings weakness noted in Motley Fool coverage
Negative Sentiment: Analysts flag inventory cleanup and weak Sportswear demand; NKE has fallen sharply over the last three months (reported ~29% decline), which reflects investor concern about demand recovery and margin pressure. NIKE Stock Drops 29% in 3 Months (Zacks)
Negative Sentiment: Market action this session and commentary note NKE is underperforming the broader market, consistent with the operational concerns above. Nike (NKE) Declines More Than Market (Zacks)

NIKE Trading Down 2.8%

NYSE:NKE opened at $43.17 on Tuesday. 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 stock has a market capitalization of $63.93 billion, a PE ratio of 28.59, a price-to-earnings-growth ratio of 2.36 and a beta of 1.12. The firm’s 50 day moving average is $51.39 and its 200 day moving average is $59.65. NIKE, Inc. has a 12 month low of $42.09 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 analysts’ consensus estimates 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 analysts’ expectations of $11.23 billion. During the same quarter in the previous year, the firm posted $0.54 EPS. NIKE’s revenue was up .1% on a year-over-year basis. Sell-side analysts expect that NIKE, Inc. will post 1.51 earnings per share for the current year.

NIKE Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 1st will be issued a dividend of $0.41 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $1.64 dividend on an annualized basis and a yield of 3.8%. NIKE’s payout ratio is presently 108.61%.

Insider Buying and Selling at NIKE

In other NIKE news, Director John W. Rogers, Jr. bought 4,000 shares of the stock in a transaction on Thursday, April 9th. The shares were acquired at an average price of $43.34 per share, with a total value of $173,360.00. Following the acquisition, 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Timothy D. Cook bought 25,000 shares of the stock in a transaction on Friday, April 10th. The shares were acquired at an average cost of $42.43 per share, for a total transaction of $1,060,750.00. Following the acquisition, the director directly owned 130,480 shares in the company, valued at approximately $5,536,266.40. This trade represents a 23.70% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders acquired 64,441 shares of company stock worth $2,734,204. 0.80% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on NKE shares. Williams Trading cut their target price on NIKE from $80.00 to $57.00 and set a “buy” rating on the stock in a research note on Wednesday, April 1st. Bank of America reaffirmed a “neutral” rating and issued a $55.00 price target (down from $73.00) on shares of NIKE in a report on Wednesday, April 1st. Sanford C. Bernstein reaffirmed a “buy” rating on shares of NIKE in a report on Friday, April 24th. Guggenheim lowered their price target on shares of NIKE from $77.00 to $74.00 and set a “buy” rating on the stock in a report on Wednesday, April 1st. Finally, Wall Street Zen cut shares of NIKE from a “hold” rating to a “sell” rating in a report on Saturday, April 18th. Seventeen research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, NIKE presently has a consensus rating of “Hold” and a consensus target price of $62.34.

View Our Latest Stock Analysis on NKE

About NIKE

(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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