Cibc World Market Inc. Reduces Holdings in lululemon athletica inc. $LULU

Cibc World Market Inc. trimmed its holdings in shares of lululemon athletica inc. (NASDAQ:LULU) by 11.2% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 165,664 shares of the apparel retailer’s stock after selling 20,879 shares during the quarter. Cibc World Market Inc.’s holdings in lululemon athletica were worth $34,427,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in LULU. Davis Investment Partners LLC raised its position in lululemon athletica by 2.9% in the fourth quarter. Davis Investment Partners LLC now owns 2,064 shares of the apparel retailer’s stock worth $435,000 after acquiring an additional 58 shares during the period. NorthRock Partners LLC grew its position in shares of lululemon athletica by 4.2% during the 3rd quarter. NorthRock Partners LLC now owns 1,553 shares of the apparel retailer’s stock valued at $276,000 after acquiring an additional 62 shares during the period. Cornerstone Planning Group LLC increased its stake in shares of lululemon athletica by 81.9% in the 3rd quarter. Cornerstone Planning Group LLC now owns 151 shares of the apparel retailer’s stock worth $25,000 after purchasing an additional 68 shares in the last quarter. IHT Wealth Management LLC raised its holdings in lululemon athletica by 1.7% in the 2nd quarter. IHT Wealth Management LLC now owns 4,276 shares of the apparel retailer’s stock worth $1,016,000 after purchasing an additional 73 shares during the period. Finally, Banque Cantonale Vaudoise raised its holdings in lululemon athletica by 3.2% in the 3rd quarter. Banque Cantonale Vaudoise now owns 2,422 shares of the apparel retailer’s stock worth $430,000 after purchasing an additional 74 shares during the period. 85.20% of the stock is owned by hedge funds and other institutional investors.

Key lululemon athletica News

Here are the key news stories impacting lululemon athletica this week:

• Positive Sentiment: Q1 revenue of about $2.47 billion and EPS of $1.69 both edged past analyst estimates, showing the business still generated a modest earnings beat despite a tougher backdrop.
• Positive Sentiment: Management said it saw some improvement in North America, including better full-price selling and tighter inventory discipline, which could support margins if sustained.
• Neutral Sentiment: Several analysts revised price targets lower, but some still see upside from current levels, reflecting a more cautious yet not fully bearish stance on the stock.
• Negative Sentiment: lululemon cut full-year guidance for both revenue and profit, with FY2026 EPS now guided well below consensus and sales expected to be flat to down instead of growing.
• Negative Sentiment: Second-quarter guidance also came in below expectations, signaling near-term weakness and suggesting the demand slowdown may continue.
• Negative Sentiment: Reports point to persistent sales weakness in the U.S. and waning brand appeal, which are fueling concern that lululemon may need a longer turnaround than investors had hoped.

Insider Buying and Selling

In other lululemon athletica news, insider Nicole Neuburger sold 622 shares of the firm’s stock in a transaction that occurred on Wednesday, April 8th. The stock was sold at an average price of $161.00, for a total transaction of $100,142.00. Following the completion of the transaction, the insider owned 19,156 shares in the company, valued at $3,084,116. This trade represents a 3.14% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Andre Maestrini acquired 3,275 shares of lululemon athletica stock in a transaction on Wednesday, April 1st. The stock was purchased at an average cost of $151.02 per share, for a total transaction of $494,590.50. Following the purchase, the chief executive officer owned 34,551 shares in the company, valued at approximately $5,217,892.02. The trade was a 10.47% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 0.54% of the stock is owned by company insiders.

lululemon athletica Stock Performance

LULU opened at $124.92 on Friday. The stock has a market capitalization of $15.08 billion, a price-to-earnings ratio of 9.39, a PEG ratio of 3.89 and a beta of 0.87. The company has a fifty day moving average of $142.08 and a 200 day moving average of $170.35. lululemon athletica inc. has a fifty-two week low of $116.63 and a fifty-two week high of $338.49.

lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings results on Thursday, June 4th. The apparel retailer reported $1.69 EPS for the quarter, topping the consensus estimate of $1.67 by $0.02. lululemon athletica had a net margin of 14.22% and a return on equity of 34.82%. The business had revenue of $2.47 billion for the quarter, compared to analysts’ expectations of $2.43 billion. During the same quarter in the previous year, the company earned $2.60 EPS. The business’s quarterly revenue was up 4.3% compared to the same quarter last year. lululemon athletica has set its FY 2026 guidance at 10.950-11.150 EPS and its Q2 2026 guidance at 1.760-1.810 EPS. On average, equities research analysts forecast that lululemon athletica inc. will post 12.26 earnings per share for the current year.

Analyst Ratings Changes

LULU has been the subject of several recent research reports. Stifel Nicolaus cut their price target on lululemon athletica from $210.00 to $176.00 and set a “hold” rating for the company in a report on Wednesday, March 18th. Citigroup lowered their price objective on lululemon athletica from $210.00 to $185.00 and set a “neutral” rating on the stock in a research report on Monday, March 23rd. The Goldman Sachs Group cut their price objective on lululemon athletica from $200.00 to $184.00 and set a “neutral” rating for the company in a research note on Wednesday, March 11th. Barclays reduced their target price on shares of lululemon athletica from $203.00 to $161.00 and set an “equal weight” rating for the company in a report on Wednesday, March 18th. Finally, UBS Group lowered their price target on shares of lululemon athletica from $176.00 to $153.00 and set a “neutral” rating on the stock in a report on Monday. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, twenty-eight have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, lululemon athletica presently has an average rating of “Hold” and a consensus price target of $197.09.

lululemon athletica Profile

lululemon athletica inc. is a design-focused athletic apparel company known for performance-oriented apparel, footwear and accessories. The company’s product portfolio centers on technical apparel for yoga, running, training and everyday active lifestyle use and includes tops, bottoms, outerwear, underwear, bags and a growing footwear assortment. lululemon emphasizes fabric science and product innovation, marketing garments that blend performance features with lifestyle styling.

Products are developed in-house and produced through a network of third-party manufacturers.