Sei Investments Co. Takes Position in Under Armour, Inc. $UAA

Sei Investments Co. acquired a new position in shares of Under Armour, Inc. (NYSE:UAA) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 204,004 shares of the company’s stock, valued at approximately $1,206,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Fairfax Financial Holdings Ltd. Can lifted its stake in Under Armour by 564.8% in the fourth quarter. Fairfax Financial Holdings Ltd. Can now owns 41,958,923 shares of the company’s stock valued at $208,536,000 after buying an additional 35,647,123 shares during the period. Vanguard Group Inc. increased its stake in shares of Under Armour by 11.3% in the 4th quarter. Vanguard Group Inc. now owns 17,168,819 shares of the company’s stock valued at $85,329,000 after acquiring an additional 1,747,120 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Under Armour by 17.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 8,531,173 shares of the company’s stock valued at $50,416,000 after acquiring an additional 1,285,384 shares during the period. Marshall Wace LLP boosted its stake in Under Armour by 113.8% during the 3rd quarter. Marshall Wace LLP now owns 6,296,543 shares of the company’s stock worth $31,420,000 after acquiring an additional 3,351,976 shares during the last quarter. Finally, State Street Corp boosted its stake in Under Armour by 8.7% during the 4th quarter. State Street Corp now owns 6,118,339 shares of the company’s stock worth $30,408,000 after acquiring an additional 489,044 shares during the last quarter. Institutional investors own 34.58% of the company’s stock.

Under Armour Stock Down 8.9%

Shares of UAA stock opened at $5.34 on Wednesday. Under Armour, Inc. has a 12-month low of $4.13 and a 12-month high of $8.15. The company has a quick ratio of 0.96, a current ratio of 1.81 and a debt-to-equity ratio of 0.41. The firm has a fifty day moving average of $6.41 and a 200-day moving average of $6.36. The company has a market capitalization of $2.28 billion, a price-to-earnings ratio of -4.65, a P/E/G ratio of 1.97 and a beta of 1.67.

Under Armour (NYSE:UAA) last announced its earnings results on Friday, August 7th. The company reported $0.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.02 by $0.03. The firm had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.11 billion. Under Armour had a negative net margin of 9.99% and a positive return on equity of 4.04%. The company’s revenue for the quarter was down 3.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.02 EPS. Under Armour has set its FY 2027 guidance at 0.080-0.120 EPS and its Q2 2027 guidance at -0.030–0.010 EPS. As a group, equities research analysts predict that Under Armour, Inc. will post 0.11 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

UAA has been the subject of several recent analyst reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Under Armour in a research note on Tuesday, July 21st. Wall Street Zen raised shares of Under Armour from a “sell” rating to a “hold” rating in a report on Sunday, May 24th. BNP Paribas Exane dropped their price objective on Under Armour from $7.00 to $5.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 13th. Truist Financial boosted their target price on Under Armour from $5.00 to $6.00 and gave the company a “hold” rating in a research note on Monday. Finally, UBS Group set a $9.00 price target on Under Armour and gave the stock a “buy” rating in a research report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, ten have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce” and an average target price of $5.94.

Under Armour Profile

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.