Vanguard Group Inc. Acquires 1,747,120 Shares of Under Armour, Inc. $UAA

Vanguard Group Inc. boosted its holdings in shares of Under Armour, Inc. (NYSE:UAA) by 11.3% during the fourth quarter, HoldingsChannel reports. The fund owned 17,168,819 shares of the company’s stock after purchasing an additional 1,747,120 shares during the quarter. Vanguard Group Inc.’s holdings in Under Armour were worth $85,329,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. State of Wyoming bought a new stake in Under Armour during the 2nd quarter worth approximately $44,000. Uhlmann Price Securities LLC bought a new stake in Under Armour during the 3rd quarter worth approximately $46,000. LRI Investments LLC bought a new stake in Under Armour during the 3rd quarter worth approximately $50,000. Portside Wealth Group LLC bought a new stake in Under Armour during the 4th quarter worth approximately $52,000. Finally, Childress Capital Advisors LLC bought a new stake in Under Armour during the 4th quarter worth approximately $64,000. 34.58% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

UAA has been the topic of a number of research reports. Zacks Research lowered shares of Under Armour from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Stifel Nicolaus set a $6.00 price objective on shares of Under Armour and gave the company a “hold” rating in a research note on Tuesday. Barclays set a $5.00 price objective on shares of Under Armour and gave the company an “equal weight” rating in a research note on Wednesday. UBS Group reaffirmed a “buy” rating and issued a $11.00 price objective on shares of Under Armour in a research note on Monday, February 9th. Finally, Telsey Advisory Group reduced their price objective on shares of Under Armour from $6.00 to $5.50 and set a “market perform” rating on the stock in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, fourteen have given a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, Under Armour currently has an average rating of “Reduce” and an average target price of $5.98.

Key Under Armour News

Here are the key news stories impacting Under Armour this week:

• Positive Sentiment: Q4 adjusted EPS of $(0.03) matched Wall Street expectations, and revenue of $1.17 billion also came in line with estimates, showing results were not worse than feared.
• Positive Sentiment: International markets and direct-to-consumer sales helped offset softer North American demand, suggesting some parts of the business are still growing.
• Positive Sentiment: Jim Cramer said he thinks the turnaround is underway, which may help sentiment around the stock. Jim Cramer on Under Armour: “I Think the Turnaround Is Here”
• Neutral Sentiment: Several analysts cut price targets after the results, including BNP Paribas Exane to $5.00, Truist to $5.00, and Telsey to $5.50, reflecting a more cautious view but not a major change in ratings.
• Neutral Sentiment: The company’s first-quarter fiscal 2027 EPS guidance of $0.00 to $0.02 was roughly in line with expectations, but it was too modest to offset concerns about sales momentum.
• Negative Sentiment: Investors reacted to declining revenue, with Q4 sales down 0.8% year over year and management forecasting a drop in annual revenue, signaling that the turnaround is still incomplete. Under Armour forecasts a drop in annual sales
• Negative Sentiment: Higher costs and weaker North American sales weighed on margins and earnings, prompting headlines that the stock fell sharply after the report. Under Armour’s stock tumbles as surging costs eat away at earnings

Under Armour Trading Up 1.7%

NYSE:UAA opened at $5.12 on Thursday. The firm’s fifty day moving average is $6.20 and its 200-day moving average is $5.73. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.92 and a current ratio of 1.62. Under Armour, Inc. has a 52 week low of $4.13 and a 52 week high of $8.15. The firm has a market cap of $2.18 billion, a P/E ratio of -4.41, a P/E/G ratio of 2.00 and a beta of 1.73.

Under Armour (NYSE:UAA) last posted its quarterly earnings data on Tuesday, May 12th. The company reported ($0.03) EPS for the quarter, meeting analysts’ consensus estimates of ($0.03). Under Armour had a negative net margin of 9.98% and a positive return on equity of 3.01%. The company had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.17 billion. During the same period in the prior year, the firm posted ($0.08) EPS. The company’s quarterly revenue was down .8% on a year-over-year basis. Under Armour has set its FY 2027 guidance at 0.080-0.120 EPS and its Q1 2027 guidance at 0.000-0.020 EPS. Equities analysts expect that Under Armour, Inc. will post 0.22 earnings per share for the current year.

About Under Armour

Under Armour, Inc (NYSE: UAA) is a global designer, marketer and distributor of performance athletic apparel, footwear and accessories. The company’s product portfolio spans a range of categories including training and running shoes, performance apparel engineered to manage moisture and temperature, and a variety of accessories such as bags, socks and headwear. Under Armour positions its offerings to serve athletes at every level—from professionals to everyday fitness enthusiasts—by combining innovative fabrics, advanced footwear technology and functional design.

Founded in 1996 by Kevin Plank, a former University of Maryland football player, Under Armour initially gained recognition for its moisture-wicking T-shirts, which provided a lightweight alternative to traditional cotton.