Sustainable Growth Advisers 13F: Exits NIKE (NKE) Stake

Sustainable Growth Advisers has fully exited its investment in NIKE, Inc. NKE, selling off its entire stake in the footwear maker during the period. According to a Form 13F filing submitted to the Securities and Exchange Commission on October 15, 2026, the firm parted ways with 2,433,226 shares. Because 13F reports look backward at previous quarters, this filing shows the fund's holdings at that time and might not match its current portfolio today.

Inside Sustainable Growth Advisers's NIKE Trade

The fund's decision to sell out completely brought its share count from 2,433,226 down to zero, marking a total exit from the stock. Institutional reports of this type reveal portfolio shifts made over the course of the quarter, giving everyday investors a window into how major money managers handle their holdings.

Other Institutional Activity in NIKE

Other large funds also adjusted their positions in the athletic apparel maker around the same reporting period. Blackrock Inc. cut back its holdings by 9,988,124 shares, ending with 81,814,490 shares worth about $3,037,772,101. Vanguard Capital Management LLC grew its holdings by 936,218 shares, ending with 78,309,610 shares worth about $2,907,635,902. Capital World Investors added 21,578,771 shares to finish with 72,055,429 shares valued at approximately $2,675,418,155. State Street Corporation lifted its stake by 4,054,936 shares, holding 63,598,789 shares worth roughly $2,361,423,103. Meanwhile, Vanguard Portfolio Management LLC boosted its stake by 17,298,309 shares, wrapping up the period with 45,777,579 shares valued at about $1,699,721,557.

NIKE, Inc. Stock Up 5.2%

NIKE shares recently traded around $37.05. The stock sits about 1.6% below its 50-day moving average of $37.64 and roughly 22.0% below its 200-day moving average of $47.52. The shares have traded in a 52-week range between $31.97 and $70.44.

Recent Earnings

For its trailing twelve months, NIKE brought in $45,890,998,272 in revenue alongside basic earnings of $2.08 per share. The company reported a net profit margin of 6.7% and a return on equity of 21.6%. Year-over-year revenue dropped by 4.3%. The company's next earnings report is expected on December 17, 2026.

Dividend

NIKE offers an annual dividend yield of 4.42%, backed by a dividend payout ratio of 78.8%.

Insider Buying and Selling at NIKE, Inc.

Company insiders have also transacted in shares over recent months. President Amy Montagne sold 4,867 shares on August 7, 2026, at an average price of $42.05 for a total value of $204,657. Officer Robert Leinwand sold 3,646 shares on September 9, 2026, at $37.59 per share for a total of $137,053. Officer Philip Mccartney sold 2,559 shares on September 9, 2026, at $37.59 for a total of $96,193. Chief Operating Officer Venkatesh Alagirisamy sold 3,671 shares on the same day at $37.59 per share, totaling $137,993.

Analysts Set New Price Targets

Wall Street firms have updated their outlooks on the stock ahead of the filing. On October 2, 2026, Freedom Broker lowered its target from $54.00 to $51.00 while keeping a buy rating. On the same day, UBS kept a neutral rating while cutting its target from $42.00 to $34.00. Telsey Advisory Group maintained a market perform rating and trimmed its target from $44.00 to $35.00, and Citigroup kept a neutral rating while lowering its target from $39.00 to $32.00. Barclays maintained an overweight rating on October 5, 2026, reducing its target from $48.00 to $37.00. Overall, the stock carries a consensus hold rating from 36 analysts, with a mean price target of $37.67.

About NIKE

Headquartered in Beaverton, Oregon, NIKE designs, develops, and markets athletic footwear, apparel, equipment, and accessories globally. The company sells its products under well-known brands including Jordan, Converse, and its namesake line.

Bottom Line

Sustainable Growth Advisers' complete exit highlights how institutional views on the footwear company shift over time. Investors will look toward the upcoming earnings report in December for updates on the turnaround strategy and overall consumer demand. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.