Verity & Verity 13F: Adds $10M to NIKE (NKE) Stake

Verity & Verity raised its stake in NIKE, Inc. (NYSE:NKE) by 3,768.3% during the period, according to a Form 13F filing with the SEC on October 23, 2026. The firm purchased an additional 295,884 shares to finish the quarter with 303,736 shares of the footwear and apparel maker. That investment carried a reported value of $10,752,254.

NKE NIKE, Inc.

$37.30 ▼ -39.50% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in Verity & Verity's NIKE Position

Before this filing, Verity & Verity held just 7,852 shares of the athletic brand. The large addition lifted its total position past the 300,000-share mark.

NIKE, Inc. Stock Down 0.5%

NIKE shares recently traded around $37.33 on October 24, 2026, sitting close to the $37.30 close recorded on the filing date. The stock has experienced a challenging year, trading well below its 52-week high of $70.44 and beneath its 200-day moving average of $46.87. At the same time, the price sits slightly above its 52-week low of $31.97.

Recent Earnings

The company posted trailing-twelve-month revenue of $45.89 billion alongside earnings of $2.08 per share. Its net profit margin stands at 6.7%, and it delivered a return on equity of 21.6%. The next earnings report is scheduled for December 17, 2026.

Dividend

NIKE pays an annual dividend of $1.64 per share, translating to a dividend yield of 4.28%. The payout currently uses 78.8% of the company's earnings.

Insider Buying and Selling at NIKE, Inc.

Four company insiders completed share sales during the late summer of 2026. On August 7, 2026, President Amy Montagne sold 4,867 shares at an average price of $42.05, totaling $204,657. Later, on September 9, 2026, officer Robert Leinwand sold 3,646 shares at $37.59 for a total of $137,053. Officer Philip Mccartney sold 2,559 shares at $37.59 on the same day, bringing in $96,193. Finally, Chief Operating Officer Venkatesh Alagirisamy sold 3,671 shares at $37.59 on September 9, 2026, generating $137,993.

Analysts Set New Price Targets

Wall Street firms adjusted their views on the stock through October 2026. Barclays maintained an Overweight rating on October 5 with a $37 price target. On October 22, Guggenheim reiterated a Buy rating with a $50 target, Wolfe Research initiated coverage with an Underperform rating and a $28 target, Barclays updated its target to $45 while maintaining an Overweight rating, and BTIG reiterated a Buy rating with a $50 target. Overall, the stock carries a consensus hold rating from 37 analysts, with a mean price target of $36.50.

About NIKE, Inc.

Based in Beaverton, Oregon, NIKE, Inc. designs, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. The company operates through major brands including Jordan, Converse, and its namesake line, serving customers across North America, Europe, Asia, and Latin America.

Bottom Line

Verity & Verity's substantial stake increase comes as the company navigates a period of transition in its share price. Investors will look toward the upcoming earnings release on December 17, 2026, for further clues on profitability and demand across key global markets.