Rhumbline Advisers Raises Stock Holdings in Under Armour, Inc. $UAA

Rhumbline Advisers boosted its holdings in Under Armour, Inc. (NYSE:UAA) by 1.3% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 501,147 shares of the company’s stock after buying an additional 6,607 shares during the quarter. Rhumbline Advisers owned 0.12% of Under Armour worth $3,132,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Fuller & Thaler Asset Management Inc. raised its position in Under Armour by 17.5% in the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 6,494,339 shares of the company’s stock worth $40,590,000 after buying an additional 965,404 shares during the last quarter. American Century Companies Inc. raised its position in Under Armour by 36.2% in the 1st quarter. American Century Companies Inc. now owns 5,465,814 shares of the company’s stock worth $34,161,000 after buying an additional 1,452,143 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in Under Armour by 4.8% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 5,047,630 shares of the company’s stock worth $31,548,000 after buying an additional 231,990 shares during the last quarter. T. Rowe Price Investment Management Inc. raised its position in Under Armour by 17.2% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 3,997,850 shares of the company’s stock worth $24,987,000 after buying an additional 586,183 shares during the last quarter. Finally, Boston Partners purchased a new stake in shares of Under Armour during the 1st quarter valued at about $17,745,000. Hedge funds and other institutional investors own 34.58% of the company’s stock.

Insider Buying and Selling

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

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. The Goldman Sachs Group assumed coverage on shares of Under Armour in a research report on Wednesday, July 2nd. They set a “neutral” rating and a $7.00 price target for the company. Citigroup reduced their price target on shares of Under Armour from $6.00 to $5.50 and set a “neutral” rating for the company in a research report on Monday, August 11th. Telsey Advisory Group reduced their price target on shares of Under Armour from $7.00 to $5.00 and set a “market perform” rating for the company in a research report on Monday, August 11th. Cfra Research raised shares of Under Armour from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, August 12th. Finally, Robert W. Baird reduced their price target on shares of Under Armour from $7.00 to $6.00 and set a “neutral” rating for the company in a research report on Monday, August 11th. Three analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $6.70.

Under Armour Stock Up 1.0%

NYSE UAA opened at $4.90 on Tuesday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.93 and a current ratio of 1.53. The company has a market capitalization of $2.10 billion, a P/E ratio of 22.27, a P/E/G ratio of 4.07 and a beta of 1.67. Under Armour, Inc. has a one year low of $4.76 and a one year high of $11.89. The stock has a 50 day moving average price of $5.91 and a 200-day moving average price of $6.21.

Under Armour (NYSE:UAA) last posted its earnings results on Friday, August 8th. The company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates 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%. The firm’s revenue was down 4.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.01 earnings per share. Under Armour has set its Q2 2026 guidance at 0.010-0.020 EPS. As a group, equities analysts predict that Under Armour, Inc. will post 0.3 EPS for the current fiscal year.

Under Armour 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.