73,385 Shares in lululemon athletica inc. $LULU Bought by RWWM Inc.

RWWM Inc. purchased a new stake in lululemon athletica inc. (NASDAQ:LULUFree Report) during the 1st quarter, Holdings Channel reports. The institutional investor purchased 73,385 shares of the apparel retailer’s stock, valued at approximately $11,235,000. lululemon athletica comprises approximately 0.8% of RWWM Inc.’s holdings, making the stock its 16th largest holding.

A number of other large investors have also recently added to or reduced their stakes in the stock. Integrated Financial Solutions Inc. bought a new stake in shares of lululemon athletica in the 4th quarter worth about $26,000. Uniplan Investment Counsel Inc. acquired a new position in lululemon athletica in the fourth quarter worth about $26,000. GoalVest Advisory LLC acquired a new position in lululemon athletica in the fourth quarter worth about $27,000. Elyxium Wealth LLC bought a new stake in lululemon athletica in the fourth quarter valued at about $31,000. Finally, DV Equities LLC acquired a new stake in lululemon athletica during the fourth quarter valued at approximately $31,000. 85.20% of the stock is currently owned by institutional investors.

lululemon athletica Price Performance

NASDAQ:LULU opened at $117.32 on Wednesday. The firm has a market capitalization of $13.92 billion, a P/E ratio of 9.47, a P/E/G ratio of 3.89 and a beta of 0.88. The business has a 50 day simple moving average of $120.44 and a 200 day simple moving average of $156.03. lululemon athletica inc. has a 12-month low of $104.44 and a 12-month high of $233.75.

lululemon athletica (NASDAQ:LULUGet Free Report) last issued its earnings results on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share for the quarter, topping the consensus estimate of $1.67 by $0.02. The firm had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.44 billion. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.The firm’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same period last year, the company earned $2.60 earnings per share. 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. Research analysts anticipate that lululemon athletica inc. will post 11.08 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. UBS Group reduced their target price on lululemon athletica from $153.00 to $124.00 and set a “neutral” rating on the stock in a report on Sunday, June 7th. Bank of America lowered their price target on lululemon athletica from $175.00 to $140.00 and set a “neutral” rating for the company in a report on Friday, June 5th. The Goldman Sachs Group reduced their price objective on lululemon athletica from $177.00 to $122.00 and set a “neutral” rating on the stock in a research note on Friday, June 5th. Truist Financial decreased their price objective on shares of lululemon athletica from $135.00 to $115.00 and set a “hold” rating for the company in a report on Friday, June 5th. Finally, BTIG Research lowered shares of lululemon athletica from a “buy” rating to a “neutral” rating in a research note on Friday, June 5th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twenty-five have given a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and an average target price of $149.35.

Get Our Latest Research Report on lululemon athletica

Insider Activity at lululemon athletica

In other news, Director Charles V. Bergh acquired 4,275 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The shares were acquired at an average price of $117.05 per share, with a total value of $500,388.75. Following the acquisition, the director directly owned 10,365 shares in the company, valued at approximately $1,213,223.25. The trade was a 70.20% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.54% of the company’s stock.

About lululemon athletica

(Free Report)

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.

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Institutional Ownership by Quarter for lululemon athletica (NASDAQ:LULU)

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