Udine Wealth Management Inc. Invests $2.67 Million in NIKE, Inc. $NKE

03 Apr 2026, 12:20 by Sarita Garza · The Markets Daily

Udine Wealth Management Inc. bought a new stake in shares of NIKE, Inc. (NYSE:NKE – Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 41,923 shares of the footwear maker’s stock, valued at approximately $2,671,000. NIKE comprises approximately 1.3% of Udine Wealth Management Inc.’s portfolio, making the stock its 21st biggest holding.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Mizuho Markets Cayman LP bought a new stake in NIKE during the third quarter worth approximately $34,200,000. Exchange Traded Concepts LLC raised its position in NIKE by 697.5% during the third quarter. Exchange Traded Concepts LLC now owns 228,889 shares of the footwear maker’s stock valued at $15,960,000 after purchasing an additional 200,187 shares during the period. Strive Asset Management LLC bought a new stake in shares of NIKE in the 3rd quarter valued at approximately $1,743,000. Soros Fund Management LLC lifted its stake in shares of NIKE by 33.0% in the 2nd quarter. Soros Fund Management LLC now owns 302,320 shares of the footwear maker’s stock valued at $21,477,000 after purchasing an additional 75,000 shares during the last quarter. Finally, Brighton Jones LLC boosted its holdings in shares of NIKE by 54.6% in the 3rd quarter. Brighton Jones LLC now owns 104,791 shares of the footwear maker’s stock worth $7,307,000 after purchasing an additional 37,019 shares during the period. 64.25% of the stock is owned by hedge funds and other institutional investors.

NIKE News Summary

Here are the key news stories impacting NIKE this week:

Positive Sentiment: Q3 showed an EPS beat and revenue roughly in line with expectations, which confirms sales aren’t collapsing outright and supports the view that the company still has operational resilience. NIKE Q3 Earnings & Revenues Top Estimates
Positive Sentiment: Despite the selloff, a subset of brokers (Jefferies, Bernstein, Guggenheim among others) have reiterated buy or outperform views, leaving upside scenarios intact if the turnaround accelerates. Jefferies Reiterates Buy Rating
Neutral Sentiment: Some analysts and outlets are framing the drop as a potential buy‑the‑dip given Nike’s balance sheet, dividend and long‑term brand strength, but note the risk that the turnaround timeline has been extended. With Nike Stock Below $50, Is This a Buy-the-Dip Moment?
Negative Sentiment: Management guided to revenue declines next quarter and warned China’s recovery will take longer (through fiscal 2027), which directly undermined investor patience and future growth expectations. Wall Street loses patience with Nike as turnaround drags, China weakness deepens
Negative Sentiment: A large batch of analyst cuts and downgrades rolled out after the update (BNP Paribas Exane, Truist, BTIG, Piper Sandler, Barclays and others trimmed targets or ratings), amplifying selling pressure. BNP Paribas Exane Has Lowered Expectations for NIKE (NYSE:NKE) Stock Price Truist Lowers NIKE Price Target
Negative Sentiment: Margin pressure from tariffs, inventory actions and promotional activity remain a near‑term earnings headwind; management signaled intentional margin hits to clear unhealthy inventory. NIKE’s Gross Margin Drag & Tariff Costs Loom
Negative Sentiment: Shareholder litigation interest has surfaced alleging disclosures around the DTC strategy and growth prospects, adding legal and reputational risk that can pressure sentiment. Kuehn Law Encourages Investors of Nike, Inc. to Contact Law Firm

NIKE Stock Down 1.0%

Shares of NKE stock opened at $44.20 on Friday. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.14 and a quick ratio of 1.40. The company has a market cap of $65.43 billion, a price-to-earnings ratio of 29.27, a price-to-earnings-growth ratio of 2.35 and a beta of 1.31. The stock’s fifty day moving average price is $58.84 and its 200 day moving average price is $63.39. NIKE, Inc. has a 1-year low of $43.17 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 (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.06. The firm had revenue of $11.28 billion for 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 quarter in the prior year, the company posted $0.54 earnings per share. On average, research analysts expect that NIKE, Inc. will post 2.05 earnings per share for the current fiscal year.

NIKE Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Monday, March 2nd were issued a $0.41 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 3.7%. NIKE’s dividend payout ratio (DPR) is currently 96.47%.

Analysts Set New Price Targets

Several research firms recently weighed in on NKE. Berenberg Bank restated a “neutral” rating and set a $70.00 price target on shares of NIKE in a report on Friday, December 19th. Needham & Company LLC cut shares of NIKE from a “buy” rating to a “hold” rating in a research note on Thursday, January 8th. DZ Bank reiterated a “buy” rating on shares of NIKE in a report on Thursday. BNP Paribas Exane decreased their price objective on shares of NIKE from $35.00 to $23.00 and set an “underperform” rating for the company in a research note on Wednesday. Finally, Oppenheimer restated an “outperform” rating on shares of NIKE in a research report on Wednesday, December 17th. Nineteen investment analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $63.42.

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NIKE Profile

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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.