Quantbot Technologies LP Acquires 249,894 Shares of Under Armour, Inc. $UAA

Quantbot Technologies LP increased its holdings in shares of Under Armour, Inc. (NYSE:UAA) by 925.6% during the second quarter, HoldingsChannel.com reports. The fund owned 276,891 shares of the company’s stock after buying an additional 249,894 shares during the quarter. Quantbot Technologies LP’s holdings in Under Armour were worth $1,891,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the business. M&T Bank Corp grew its position in Under Armour by 23.2% during the second quarter. M&T Bank Corp now owns 13,296 shares of the company’s stock valued at $91,000 after buying an additional 2,504 shares during the period. Panagora Asset Management Inc. raised its stake in Under Armour by 11.3% in the 2nd quarter. Panagora Asset Management Inc. now owns 23,973 shares of the company’s stock valued at $164,000 after acquiring an additional 2,440 shares during the period. Norges Bank purchased a new stake in shares of Under Armour during the 2nd quarter valued at approximately $9,918,000. Quadrature Capital Ltd lifted its position in shares of Under Armour by 18.4% during the second quarter. Quadrature Capital Ltd now owns 90,932 shares of the company’s stock worth $621,000 after acquiring an additional 14,159 shares in the last quarter. Finally, Hsbc Holdings PLC boosted its stake in Under Armour by 188.3% in the 2nd quarter. Hsbc Holdings PLC now owns 56,877 shares of the company’s stock worth $391,000 after purchasing an additional 37,148 shares during the period. Institutional investors own 34.58% of the company’s stock.

Under Armour Stock Performance

UAA stock opened at $4.55 on Friday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.69 and a quick ratio of 1.10. Under Armour, Inc. has a 1 year low of $4.13 and a 1 year high of $10.53. The company has a market cap of $1.95 billion, a P/E ratio of -21.67, a price-to-earnings-growth ratio of 4.63 and a beta of 1.83. The stock’s fifty day moving average price is $4.68 and its 200-day moving average price is $5.62.

Under Armour (NYSE:UAA) last posted its quarterly earnings data on Thursday, November 6th. The company reported $0.04 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01. The company had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.31 billion. Under Armour had a positive return on equity of 1.27% and a negative net margin of 1.74%.Under Armour’s revenue for the quarter was down 4.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.39 earnings per share. Under Armour has set its Q3 2026 guidance at 0.030-0.050 EPS. On average, equities analysts forecast that Under Armour, Inc. will post 0.3 earnings per share for the current year.

Analyst Ratings Changes

Several research firms recently commented on UAA. Citigroup reduced their target price on Under Armour from $5.50 to $5.00 and set a “neutral” rating for the company in a research report on Tuesday, October 21st. Wall Street Zen cut Under Armour from a “hold” rating to a “sell” rating in a report on Saturday, November 8th. Weiss Ratings reissued a “sell (e+)” rating on shares of Under Armour in a report on Monday, December 1st. UBS Group reiterated a “buy” rating and issued a $8.00 price objective (up from $7.50) on shares of Under Armour in a research report on Friday, November 7th. Finally, Bank of America reduced their price target on Under Armour from $8.00 to $6.50 and set a “neutral” rating on the stock in a research note on Monday, August 11th. Three analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus target price 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.