KBC Group NV Has $15.27 Million Holdings in NIKE, Inc. $NKE

16 Aug 2026, 10:17 by Danessa Lincoln · The Markets Daily

KBC Group NV increased its stake in shares of NIKE, Inc. (NYSE:NKE – Free Report) by 65.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 372,042 shares of the footwear maker’s stock after acquiring an additional 146,693 shares during the quarter. KBC Group NV’s holdings in NIKE were worth $15,273,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of NKE. J. Stern & Co. LLP increased its holdings in shares of NIKE by 49,010.4% during the 4th quarter. J. Stern & Co. LLP now owns 48,054,542 shares of the footwear maker’s stock worth $3,061,555,000 after purchasing an additional 47,956,692 shares during the period. Norges Bank acquired a new stake in NIKE during the fourth quarter worth about $829,956,000. Harris Associates L P bought a new position in NIKE during the second quarter valued at about $621,525,000. Capital World Investors lifted its position in shares of NIKE by 16.2% in the 4th quarter. Capital World Investors now owns 49,069,951 shares of the footwear maker’s stock worth $3,126,246,000 after acquiring an additional 6,830,938 shares during the period. Finally, Jasper Ridge Partners L.P. grew its holdings in shares of NIKE by 2,492.4% during the 4th quarter. Jasper Ridge Partners L.P. now owns 4,883,229 shares of the footwear maker’s stock worth $311,111,000 after purchasing an additional 4,694,859 shares in the last quarter. 64.25% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently commented on NKE. DZ Bank reaffirmed a “buy” rating on shares of NIKE in a research report on Tuesday, June 30th. Jefferies Financial Group decreased their target price on shares of NIKE from $90.00 to $75.00 and set a “buy” rating on the stock in a research report on Wednesday, July 1st. JPMorgan Chase & Co. reissued an “underweight” rating and issued a $40.00 price target (down from $47.00) on shares of NIKE in a research report on Tuesday, August 4th. Citigroup reaffirmed a “neutral” rating on shares of NIKE in a report on Wednesday, July 22nd. Finally, Royal Bank Of Canada reissued a “neutral” rating on shares of NIKE in a report on Wednesday, July 1st. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, eighteen have assigned a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat, NIKE presently has an average rating of “Hold” and a consensus target price of $53.53.

Get Our Latest Report on NKE

Insiders Place Their Bets

In related news, insider Amy Montagne sold 4,867 shares of NIKE stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $42.05, for a total value of $204,657.35. Following the completion of the transaction, the insider directly owned 57,436 shares of the company’s stock, valued at $2,415,183.80. The trade was a 7.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Matthew Friend sold 2,463 shares of the firm’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $41.60, for a total transaction of $102,460.80. Following the completion of the sale, the chief financial officer owned 82,165 shares of the company’s stock, valued at $3,418,064. The trade was a 2.91% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 26,142 shares of company stock valued at $1,169,380. 1.10% of the stock is owned by corporate insiders.

NIKE Stock Down 1.2%

Shares of NKE opened at $40.73 on Friday. The company has a market capitalization of $60.42 billion, a P/E ratio of 19.49, a PEG ratio of 1.81 and a beta of 1.11. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.96 and a quick ratio of 1.36. NIKE, Inc. has a one year low of $40.00 and a one year high of $80.17. The business’s 50 day simple moving average is $42.90 and its 200-day simple moving average is $48.73.

NIKE (NYSE:NKE – Get Free Report) last released its quarterly earnings results on Tuesday, June 30th. The footwear maker reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.09. NIKE had a return on equity of 16.54% and a net margin of 6.70%.The business had revenue of $10.97 billion for the quarter, compared to analyst estimates of $10.85 billion. During the same period in the prior year, the company earned $0.14 EPS. NIKE’s revenue for the quarter was down 1.1% on a year-over-year basis. As a group, sell-side analysts predict that NIKE, Inc. will post 1.74 EPS for the current fiscal year.

NIKE Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 1st will be paid a $0.41 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $1.64 dividend on an annualized basis and a dividend yield of 4.0%. NIKE’s dividend payout ratio (DPR) is 78.47%.

NIKE 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.