WJ Financial Advisors LLC Makes New Investment in Under Armour, Inc. $UAA

WJ Financial Advisors LLC purchased a new position in shares of Under Armour, Inc. (NYSE:UAA) in the first quarter, according to its most recent disclosure with the SEC. The firm purchased 85,221 shares of the company’s stock, valued at approximately $504,000.

Several other institutional investors have also made changes to their positions in the company. Royal Bank of Canada raised its position in Under Armour by 5.3% during the first quarter. Royal Bank of Canada now owns 1,158,649 shares of the company’s stock valued at $7,242,000 after acquiring an additional 58,701 shares in the last quarter. Goldman Sachs Group Inc. grew its position in Under Armour by 33.1% in the first quarter. Goldman Sachs Group Inc. now owns 328,746 shares of the company’s stock worth $2,055,000 after acquiring an additional 81,732 shares in the last quarter. United Services Automobile Association acquired a new position in shares of Under Armour during the 1st quarter worth $83,000. Creative Planning increased its stake in shares of Under Armour by 70.8% during the 2nd quarter. Creative Planning now owns 30,457 shares of the company’s stock worth $208,000 after purchasing an additional 12,620 shares during the last quarter. Finally, Prudential Financial Inc. raised its holdings in shares of Under Armour by 27.0% during the 2nd quarter. Prudential Financial Inc. now owns 22,191 shares of the company’s stock valued at $152,000 after purchasing an additional 4,718 shares in the last quarter. 34.58% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on UAA shares. Truist Financial reduced their price objective on shares of Under Armour from $8.00 to $5.00 and set a “hold” rating for the company in a research note on Wednesday, May 13th. Telsey Advisory Group cut their target price on Under Armour from $6.00 to $5.50 and set a “market perform” rating on the stock in a report on Wednesday, May 13th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Under Armour in a research report on Friday, April 24th. Barclays set a $5.00 price target on Under Armour and gave the stock an “equal weight” rating in a research note on Wednesday, May 13th. Finally, Citigroup reissued a “sell” rating and issued a $4.75 price objective (down from $6.20) on shares of Under Armour in a research note on Wednesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, fourteen have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Reduce” and an average target price of $5.91.

Under Armour Stock Performance

Shares of UAA opened at $6.76 on Tuesday. The company has a market capitalization of $2.88 billion, a PE ratio of -5.83, a price-to-earnings-growth ratio of 2.15 and a beta of 1.67. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.62 and a quick ratio of 1.08. Under Armour, Inc. has a one year low of $4.13 and a one year high of $8.15. The company’s fifty day moving average price is $5.92 and its 200 day moving average price is $6.16.

Under Armour (NYSE:UAA) last released its quarterly earnings results on Tuesday, May 12th. The company reported ($0.03) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.03). The company had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.17 billion. Under Armour had a negative net margin of 9.98% and a positive return on equity of 3.01%. The business’s quarterly revenue was down .8% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.08) earnings per share. 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. As a group, analysts expect that Under Armour, Inc. will post 0.12 earnings per share for the current year.

Insiders Place Their Bets

In other Under Armour news, major shareholder V Prem Et Al Watsa bought 739,521 shares of the stock in a transaction on Wednesday, May 13th. The shares were purchased at an average price of $4.97 per share, with a total value of $3,675,419.37. Following the acquisition, the insider directly owned 44,179,116 shares of the company’s stock, valued at $219,570,206.52. This represents a 1.70% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In the last ninety days, insiders purchased 1,178,344 shares of company stock worth $5,865,147. 15.60% of the stock is owned by corporate insiders.

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.