Impala Asset Management LLC Invests $2.30 Million in lululemon athletica inc. $LULU

Impala Asset Management LLC purchased a new position in shares of lululemon athletica inc. (NASDAQ:LULU) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 15,000 shares of the apparel retailer’s stock, valued at approximately $2,296,000. lululemon athletica comprises approximately 1.1% of Impala Asset Management LLC’s portfolio, making the stock its 17th largest position.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of LULU. Swiss Life Asset Management Ltd grew its stake in shares of lululemon athletica by 53.1% during the fourth quarter. Swiss Life Asset Management Ltd now owns 68,093 shares of the apparel retailer’s stock worth $14,150,000 after purchasing an additional 23,623 shares during the period. Oppenheimer Asset Management Inc. grew its position in lululemon athletica by 46.6% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 25,594 shares of the apparel retailer’s stock valued at $5,319,000 after purchasing an additional 8,134 shares in the last quarter. Rayburn West Financial Services LLC bought a new stake in lululemon athletica during the 4th quarter worth about $3,536,000. Gateway Investment Advisers LLC lifted its position in lululemon athletica by 60.0% during the 4th quarter. Gateway Investment Advisers LLC now owns 45,062 shares of the apparel retailer’s stock worth $9,364,000 after buying an additional 16,901 shares in the last quarter. Finally, MUFG Securities EMEA plc boosted its stake in shares of lululemon athletica by 9,695.1% during the 4th quarter. MUFG Securities EMEA plc now owns 204,424 shares of the apparel retailer’s stock worth $42,481,000 after buying an additional 202,337 shares during the last quarter. 85.20% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts recently issued reports on LULU shares. Sanford C. Bernstein lowered their target price on lululemon athletica from $170.00 to $145.00 and set a “market perform” rating on the stock in a research report on Wednesday, June 3rd. The Goldman Sachs Group reduced their price target on lululemon athletica from $177.00 to $122.00 and set a “neutral” rating for the company in a research report on Friday, June 5th. Zacks Research downgraded lululemon athletica from a “hold” rating to a “strong sell” rating in a research note on Wednesday, June 10th. Citigroup lowered their price target on lululemon athletica from $185.00 to $130.00 and set a “neutral” rating on the stock in a research report on Tuesday, June 9th. Finally, Stifel Nicolaus dropped their price objective on lululemon athletica from $176.00 to $134.00 and set a “hold” rating on the stock in a research note on Friday, June 5th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twenty-four have given a Hold rating and six have given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Reduce” and an average price target of $148.35.

lululemon athletica Price Performance

Shares of lululemon athletica stock opened at $113.37 on Thursday. The business has a fifty day simple moving average of $119.04 and a two-hundred day simple moving average of $152.10. lululemon athletica inc. has a 1 year low of $104.44 and a 1 year high of $226.24. The company has a market capitalization of $13.45 billion, a price-to-earnings ratio of 9.15, a P/E/G ratio of 3.82 and a beta of 0.88.

lululemon athletica (NASDAQ:LULU) last released its quarterly earnings data on Thursday, June 4th. The apparel retailer reported $1.69 EPS for the quarter, beating the consensus estimate of $1.67 by $0.02. The firm had revenue of $2.47 billion for the quarter, compared to the consensus estimate of $2.44 billion. lululemon athletica had a net margin of 13.03% and a return on equity of 31.26%. The company’s quarterly revenue was up 4.3% on a year-over-year basis. During the same period in the previous 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. As a group, equities analysts anticipate that lululemon athletica inc. will post 10.94 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Charles V. Bergh purchased 4,275 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The shares were acquired at an average price of $117.05 per share, for a total transaction of $500,388.75. Following the purchase, the director owned 10,365 shares in the company, valued at approximately $1,213,223.25. This represents a 70.20% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.54% of the company’s stock.

About lululemon athletica

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.