Under Armour, Inc. $UAA Shares Acquired by American Century Companies Inc.

American Century Companies Inc. raised its stake in shares of Under Armour, Inc. (NYSE:UAA) by 9.2% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 5,970,726 shares of the company’s stock after buying an additional 504,912 shares during the period. American Century Companies Inc. owned about 1.39% of Under Armour worth $40,780,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Parallel Advisors LLC raised its holdings in shares of Under Armour by 620.7% during the second quarter. Parallel Advisors LLC now owns 3,892 shares of the company’s stock valued at $27,000 after acquiring an additional 3,352 shares during the last quarter. UMB Bank n.a. raised its stake in Under Armour by 133.8% in the 2nd quarter. UMB Bank n.a. now owns 4,203 shares of the company’s stock valued at $29,000 after purchasing an additional 2,405 shares during the last quarter. Twin Tree Management LP purchased a new position in Under Armour in the 1st quarter valued at $44,000. Neo Ivy Capital Management acquired a new stake in shares of Under Armour in the second quarter valued at approximately $44,000. Finally, GAMMA Investing LLC increased its stake in shares of Under Armour by 163.3% in the 2nd quarter. GAMMA Investing LLC now owns 7,013 shares of the company’s stock worth $48,000 after acquiring an additional 4,350 shares during the last quarter. Institutional investors and hedge funds own 34.58% of the company’s stock.

Under Armour Stock Performance

Under Armour stock opened at $4.63 on Friday. Under Armour, Inc. has a 52 week low of $4.13 and a 52 week high of $10.53. The company has a current ratio of 1.53, a quick ratio of 0.93 and a debt-to-equity ratio of 0.21. The stock has a market cap of $1.99 billion, a P/E ratio of 21.05, a price-to-earnings-growth ratio of 3.85 and a beta of 1.86. The stock has a 50 day moving average of $4.70 and a 200-day moving average of $5.69.

Under Armour (NYSE:UAA) last posted its quarterly earnings results on Thursday, November 6th. The company reported $0.04 EPS for the quarter, beating the consensus estimate of $0.03 by $0.01. The business had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.31 billion. Under Armour had a net margin of 1.99% and a return on equity of 7.24%. The company’s quarterly revenue was down 4.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.39 EPS. Under Armour has set its Q3 2026 guidance at 0.030-0.050 EPS. On average, analysts expect that Under Armour, Inc. will post 0.3 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently issued reports on UAA. Rothschild Redb cut shares of Under Armour from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 15th. Evercore ISI lowered their price target on Under Armour from $5.00 to $4.00 and set an “underperform” rating for the company in a report on Friday, November 7th. UBS Group reissued a “buy” rating and issued a $8.00 target price (up from $7.50) on shares of Under Armour in a research report on Friday, November 7th. Cfra Research raised shares of Under Armour from a “moderate sell” rating to a “hold” rating in a report on Tuesday, August 12th. Finally, Rothschild & Co Redburn reaffirmed a “neutral” rating and set a $6.00 price target (down from $7.00) on shares of Under Armour in a report on Monday, September 15th. Three research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus price target of $6.58.

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.