BDT Capital Partners LLC Acquires 2,586,854 Shares of Under Armour, Inc. $UA

Key Points

• BDT Capital Partners increased its stake in Under Armour by 4.1%, acquiring 2,586,854 shares to own 65,050,733 shares (about 15.17% of the company) worth roughly $314.2 million, making UA its largest holding.
• Major shareholder V. Prem Watsa bought 13,182,469 shares at an average $5.12 on Dec. 30, raising his holding to 41,958,923 shares, and insiders purchased 42,448,155 shares in the past three months and now own about 15.60% of the stock.
• Under Armour recently beat quarterly estimates (EPS $0.09 vs -$0.02 expected; revenue $1.33B vs $1.16B) and set FY2026 EPS guidance of $0.10–0.11, yet analysts' consensus remains a "Sell" with recent downgrades including Citigroup's cut to "strong sell."

BDT Capital Partners LLC raised its holdings in Under Armour, Inc. (NYSE:UA - Free Report) by 4.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 65,050,733 shares of the company's stock after acquiring an additional 2,586,854 shares during the quarter. Under Armour accounts for about 100.0% of BDT Capital Partners LLC's holdings, making the stock its biggest position. BDT Capital Partners LLC owned about 15.17% of Under Armour worth $314,195,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in the stock. Laurel Wealth Advisors LLC grew its stake in shares of Under Armour by 549.0% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,920 shares of the company's stock worth $25,000 after purchasing an additional 3,316 shares during the period. AlphaCore Capital LLC acquired a new stake in shares of Under Armour in the third quarter valued at about $41,000. First Business Financial Services Inc. acquired a new stake in shares of Under Armour in the third quarter valued at about $48,000. ABC Arbitrage SA purchased a new stake in Under Armour during the third quarter worth about $56,000. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in Under Armour during the third quarter worth about $62,000. 36.35% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, major shareholder V Prem Et Al Watsa bought 13,182,469 shares of Under Armour stock in a transaction that occurred on Tuesday, December 30th. The shares were purchased at an average price of $5.12 per share, with a total value of $67,494,241.28. Following the purchase, the insider owned 41,958,923 shares in the company, valued at $214,829,685.76. This represents a 45.81% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In the last three months, insiders purchased 42,448,155 shares of company stock worth $219,067,338. Insiders own 15.60% of the company's stock.

Analyst Ratings Changes

A number of research analysts have issued reports on UA shares. Citigroup cut shares of Under Armour from a "hold" rating to a "strong sell" rating in a report on Tuesday, February 10th. Zacks Research upgraded Under Armour to a "hold" rating in a report on Wednesday. Finally, Weiss Ratings reaffirmed a "sell (e+)" rating on shares of Under Armour in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Sell".

Under Armour Stock Performance

NYSE:UA opened at $6.27 on Friday. The company has a current ratio of 1.43, a quick ratio of 0.92 and a debt-to-equity ratio of 0.27. The firm has a 50-day moving average price of $6.44 and a two-hundred day moving average price of $5.22. Under Armour, Inc. has a twelve month low of $3.95 and a twelve month high of $7.91. The company has a market capitalization of $2.67 billion, a P/E ratio of -5.14 and a beta of 1.68.

Under Armour (NYSE:UA - Get Free Report) last announced its earnings results on Friday, February 6th. The company reported $0.09 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.02) by $0.11. The company had revenue of $1.33 billion during the quarter, compared to analysts' expectations of $1.16 billion. Under Armour had a negative net margin of 10.44% and a positive return on equity of 1.48%. Under Armour has set its FY 2026 guidance at 0.10-0.110 EPS.

Under Armour Company 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.

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