S&P Dow Jones Indices confirmed that Nike will be removed from the S&P 100 index before the opening of U.S. markets on September 21, 2026. This adjustment is part of the quarterly routine rebalancing and is not in response to any single event related to the company.
A total of 4 companies were removed in this round.
In addition to Nike, Honeywell Aerospace, Simon Property Group, and Colgate-Palmolive will also withdraw from the S&P 100. Replacing them in the index will be Dell Technologies, Palo Alto Networks, Arista Networks, and SanDisk.
The S&P 100 is an index composed of the 100 larger U.S. listed companies within the S&P 500. Adjustments to the constituent stocks usually reflect changes in market capitalization ranking and industry structure, and do not directly indicate any abnormalities in company operations.
Newly incorporated companies tend to be in the technology sector.
From this round of listings, it is evident that the companies newly entering the S&P 100 are more concentrated in the fields of technology and cybersecurity. This indicates that the weight structure of the index continues to tilt towards tech stocks, a trend that has been quite common in adjustments to major U.S. indices in recent years.
S&P Dow Jones Indices Company stated that the purpose of quarterly rebalancing is to ensure that the index continues to reflect the current distribution of company sizes and industry representation in the market. If some companies no longer meet the criteria in terms of market capitalization or industry weight, they will be replaced by companies that do.
Has limited impact on the Nike transaction itself
This change only affects the S&P 100 index and does not involve Nike being removed from the S&P 500. Nike's stock will continue to trade normally, and the company's listing status remains unchanged.
The direct impact on the market is mainly reflected in funds and investment portfolios that track the S&P 100. Such funds typically rebalance their portfolios around the time of the adjustment, selling off the stocks that are removed and buying into the newly included companies.
- Adjustment effective time: Before the opening of U.S. stocks on September 21, 2026
- Companies that have been divested from: Nike, Honeywell Aerospace, Simon Property Group, Colgate-Palmolive
- Companies Invited: Dell, Palo Alto Networks, Arista Networks, SanDisk
