Charles Schwab Investment Management Inc. Raises Stock Holdings in Under Armour, Inc. $UAA

Key Points

• Charles Schwab Investment Management Inc. increased its stake in Under Armour by 4.8%, acquiring an additional 231,990 shares in the 1st quarter, now holding a total of 5,047,630 shares valued at approximately $31.5 million.
• Under Armour's stock is currently trading at $5.0750, down 1.8%, with a market capitalization of $2.18 billion and a one-year trading range between $4.78 and $11.89.
• The company reported quarterly earnings of $0.02 EPS, missing analyst expectations, with a 4.2% decline in year-over-year revenue, and has set guidance of $0.010-0.020 EPS for Q2 2026.

Charles Schwab Investment Management Inc. grew its stake in Under Armour, Inc. (NYSE:UAA - Free Report) by 4.8% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,047,630 shares of the company's stock after acquiring an additional 231,990 shares during the quarter. Charles Schwab Investment Management Inc. owned 1.17% of Under Armour worth $31,548,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Cerity Partners LLC bought a new stake in Under Armour in the first quarter worth $66,000. Vident Advisory LLC bought a new stake in Under Armour in the fourth quarter worth $85,000. HB Wealth Management LLC purchased a new position in shares of Under Armour in the first quarter worth $88,000. Encompass More Asset Management purchased a new position in shares of Under Armour in the first quarter worth $88,000. Finally, Bryce Point Capital LLC purchased a new position in shares of Under Armour in the first quarter worth $102,000. 34.58% of the stock is owned by institutional investors.

Under Armour Stock Performance

Under Armour stock traded down $0.09 during mid-day trading on Monday, reaching $5.05. 16,462,064 shares of the stock traded hands, compared to its average volume of 16,662,000. The stock has a market capitalization of $2.17 billion, a PE ratio of 22.96, a price-to-earnings-growth ratio of 2.40 and a beta of 1.61. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.53 and a quick ratio of 0.93. Under Armour, Inc. has a 12-month low of $4.78 and a 12-month high of $11.89. The business's 50-day moving average is $6.45 and its 200-day moving average is $6.43.

Under Armour (NYSE:UAA - Get Free Report) last posted its quarterly earnings data on Friday, August 8th. The company reported $0.02 EPS for the quarter, missing analysts' consensus estimates of $0.03 by ($0.01). The firm had revenue of $1.13 billion for the quarter, compared to analysts' expectations of $1.13 billion. Under Armour had a net margin of 1.99% and a return on equity of 7.24%. The firm's revenue was down 4.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.01 EPS. Under Armour has set its Q2 2026 guidance at 0.010-0.020 EPS. As a group, sell-side analysts predict that Under Armour, Inc. will post 0.3 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. Wells Fargo & Company boosted their price target on Under Armour from $4.00 to $5.00 and gave the stock an "equal weight" rating in a research note on Wednesday, May 14th. BMO Capital Markets decreased their price target on Under Armour from $12.00 to $9.00 and set an "outperform" rating for the company in a research note on Wednesday, May 14th. Cfra Research upgraded Under Armour from a "moderate sell" rating to a "hold" rating in a research note on Tuesday, August 12th. Evercore ISI decreased their price target on Under Armour from $7.00 to $6.00 and set an "underperform" rating for the company in a research note on Wednesday, May 14th. Finally, The Goldman Sachs Group assumed coverage on Under Armour in a research note on Wednesday, July 2nd. They issued a "neutral" rating and a $7.00 price target for the company. Three analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $6.74.

Insiders Place Their Bets

In related news, Director Dawn N. Fitzpatrick purchased 100,000 shares of Under Armour stock in a transaction on Wednesday, August 13th. The stock was acquired at an average price of $4.93 per share, for a total transaction of $493,000.00. Following the completion of the transaction, the director directly owned 133,696 shares in the company, valued at $659,121.28. This represents a 296.77% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Mehri Shadman sold 16,287 shares of the company's stock in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of $6.14, for a total value of $100,002.18. Following the completion of the sale, the insider owned 191,796 shares of the company's stock, valued at approximately $1,177,627.44. The trade was a 7.83% decrease in their position. The disclosure for this sale can be found here. Insiders purchased a total of 202,045 shares of company stock worth $991,000 over the last quarter. 15.60% of the stock is currently owned by corporate insiders.

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.