Quantinno Capital Management LP Boosts Stake in Under Armour, Inc. $UA

Quantinno Capital Management LP lifted its position in Under Armour, Inc. (NYSE:UA) by 211.6% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 433,282 shares of the company’s stock after purchasing an additional 294,227 shares during the quarter. Quantinno Capital Management LP owned approximately 0.10% of Under Armour worth $2,509,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the business. Fairfax Financial Holdings Ltd. Can acquired a new stake in Under Armour during the 4th quarter worth approximately $45,395,000. Millennium Management LLC raised its position in Under Armour by 153.7% during the 3rd quarter. Millennium Management LLC now owns 2,346,929 shares of the company’s stock worth $11,336,000 after buying an additional 1,421,981 shares during the last quarter. Corient Private Wealth LLC lifted its stake in shares of Under Armour by 99.8% in the 2nd quarter. Corient Private Wealth LLC now owns 2,005,844 shares of the company’s stock worth $13,018,000 after acquiring an additional 1,002,037 shares during the period. Picton Mahoney Asset Management acquired a new stake in shares of Under Armour in the 4th quarter worth $3,999,000. Finally, Vanguard Group Inc. boosted its holdings in shares of Under Armour by 5.6% in the fourth quarter. Vanguard Group Inc. now owns 15,729,586 shares of the company’s stock valued at $75,502,000 after acquiring an additional 831,186 shares in the last quarter. 36.35% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, major shareholder V Prem Et Al Watsa purchased 739,521 shares of the stock in a transaction dated Wednesday, May 13th. The stock was acquired at an average cost of $4.97 per share, for a total transaction of $3,675,419.37. Following the completion of the acquisition, the insider directly owned 44,179,116 shares in the company, valued at $219,570,206.52. This represents a 1.70% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Over the last 90 days, insiders have bought 1,178,344 shares of company stock worth $5,865,147. 15.60% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research firms recently issued reports on UA. Weiss Ratings reissued a “sell (d-)” rating on shares of Under Armour in a report on Wednesday. Robert W. Baird set a $5.50 price objective on Under Armour in a report on Wednesday, May 13th. One analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Sell” and an average price target of $5.50.

Under Armour Trading Down 0.1%

Shares of Under Armour stock opened at $5.92 on Monday. Under Armour, Inc. has a 1 year low of $3.95 and a 1 year high of $7.91. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.81 and a quick ratio of 0.96. The business has a 50 day moving average price of $6.24 and a 200 day moving average price of $6.20. The company has a market capitalization of $2.53 billion, a P/E ratio of -5.15 and a beta of 1.59.

Under Armour (NYSE:UA) last released its quarterly earnings results on Friday, August 7th. The company reported $0.05 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.03. The company had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.11 billion. Under Armour had a positive return on equity of 4.04% and a negative net margin of 9.99%.Under Armour has set its Q2 2027 guidance at -0.030–0.010 EPS and its FY 2027 guidance at 0.080-0.120 EPS.

Key Stories Impacting Under Armour

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

• Positive Sentiment: Under Armour reported fiscal first-quarter adjusted EPS of $0.05, exceeding the $0.02 analyst consensus and marking a small profit amid challenging market conditions. Under Armour slashes revenue outlook as fiscal first quarter sales decline
• Positive Sentiment: Management maintained its full-year fiscal 2027 profitability outlook, with EPS guidance of $0.08 to $0.12, above the currently cited analyst consensus of $0.00. Under Armour Reports First Quarter Fiscal 2027 Results
• Neutral Sentiment: The company issued second-quarter fiscal 2027 EPS guidance of negative $0.03 to negative $0.01, below the $0.05 consensus estimate, while its full-year earnings outlook remains intact. Under Armour quarterly earnings data
• Negative Sentiment: Fiscal first-quarter revenue was approximately $1.10 billion, slightly below the $1.11 billion estimate, as soft consumer demand weighed on sales in North America and Asia-Pacific. Under Armour Posts Lower Revenue on Soft Demand
• Negative Sentiment: Under Armour cut its revenue expectations for fiscal 2027 and warned of a steeper annual sales decline. The weaker top-line outlook and below-consensus second-quarter earnings guidance outweighed the quarterly EPS beat, pressuring the stock. Under Armour Revenue Expectations Update

Under Armour Profile

Under Armour, Inc is a global designer, marketer and distributor of branded performance apparel, footwear and accessories. The company’s product portfolio spans a wide range of athletic categories, including running, training, basketball, outdoor and golf, with specialized lines for men, women and youth. Under Armour emphasizes innovative fabrics and technologies designed to enhance athletic performance, such as moisture-wicking HeatGear®, cold-weather ColdGear® and UV-protective UA Tech™ materials.

The company was founded in 1996 by former University of Maryland football captain Kevin Plank, who sought to create a superior moisture-wicking T-shirt to keep athletes cool and dry.