Northern Trust Corp Boosts Stock Position in Under Armour, Inc. $UAA

Northern Trust Corp lifted its position in shares of Under Armour, Inc. (NYSE:UAA) by 0.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,732,689 shares of the company’s stock after purchasing an additional 2,893 shares during the period. Northern Trust Corp owned 0.40% of Under Armour worth $10,829,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Eisler Capital Management Ltd. purchased a new stake in shares of Under Armour during the fourth quarter worth about $2,514,000. American Century Companies Inc. boosted its holdings in shares of Under Armour by 36.2% during the first quarter. American Century Companies Inc. now owns 5,465,814 shares of the company’s stock worth $34,161,000 after purchasing an additional 1,452,143 shares during the period. ABC Arbitrage SA purchased a new stake in shares of Under Armour during the first quarter worth about $3,233,000. Vontobel Holding Ltd. purchased a new stake in Under Armour in the first quarter worth about $623,000. Finally, Cambridge Investment Research Advisors Inc. lifted its holdings in Under Armour by 24.7% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 35,972 shares of the company’s stock worth $225,000 after buying an additional 7,114 shares during the period. 34.58% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have commented on the stock. Telsey Advisory Group lowered their price objective on shares of Under Armour from $7.00 to $5.00 and set a “market perform” rating for the company in a report on Monday, August 11th. Wells Fargo & Company raised their price objective on shares of Under Armour from $4.00 to $5.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 14th. BMO Capital Markets lowered their price objective on shares of Under Armour from $12.00 to $9.00 and set an “outperform” rating for the company in a report on Wednesday, May 14th. Stifel Nicolaus lowered their price objective on shares of Under Armour from $11.00 to $10.00 and set a “buy” rating for the company in a report on Wednesday, May 14th. Finally, Truist Financial lowered their price objective on shares of Under Armour from $9.00 to $7.00 and set a “hold” rating for the company in a report on Wednesday, May 14th. Three equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $6.74.

Under Armour Price Performance

Shares of UAA opened at $5.26 on Friday. The company has a market capitalization of $2.25 billion, a P/E ratio of 23.89, a price-to-earnings-growth ratio of 2.36 and a beta of 1.67. The company has a quick ratio of 0.93, a current ratio of 1.53 and a debt-to-equity ratio of 0.21. The firm has a 50 day moving average of $6.20 and a 200 day moving average of $6.32. Under Armour, Inc. has a twelve month low of $4.78 and a twelve month high of $11.89.

Under Armour (NYSE:UAA) last announced its quarterly earnings results on Friday, August 8th. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.01). The firm had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.13 billion. Under Armour had a net margin of 1.99% and a return on equity of 7.24%. Under Armour’s revenue was down 4.2% on a year-over-year basis. During the same period last year, the business earned $0.01 EPS. Under Armour has set its Q2 2026 guidance at 0.010-0.020 EPS. As a group, equities research analysts anticipate that Under Armour, Inc. will post 0.3 earnings per share for the current fiscal year.

Insider Activity at Under Armour

In other news, Director Robert John Sweeney purchased 100,000 shares of Under Armour stock in a transaction that occurred on Thursday, August 21st. The stock was bought at an average price of $4.88 per share, with a total value of $488,000.00. Following the completion of the transaction, the director directly owned 133,696 shares of the company’s stock, valued at approximately $652,436.48. The trade was a 296.77% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Dawn N. Fitzpatrick purchased 100,000 shares of Under Armour stock in a transaction that occurred on Wednesday, August 13th. The shares were purchased at an average cost of $4.93 per share, with a total value of $493,000.00. Following the transaction, the director directly owned 133,696 shares of the company’s stock, valued at $659,121.28. This represents a 296.77% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have purchased 202,045 shares of company stock valued at $991,000 in the last three months. 15.60% of the stock is owned by insiders.

Under Armour Company Profile

Under Armour, Inc, together with its subsidiaries, engages developing, marketing, and distributing performance apparel, footwear, and accessories for men, women, and youth. The company provides its apparel in compression, fitted, and loose fit types. It also offers footwear products for running, training, basketball, cleated sports, recovery, and outdoor applications.