Rockland Trust Co. Increases Position in lululemon athletica inc. $LULU

Rockland Trust Co. grew its position in shares of lululemon athletica inc. (NASDAQ:LULU) by 13.2% during the second quarter, Holdings Channel reports. The firm owned 117,733 shares of the apparel retailer’s stock after acquiring an additional 13,733 shares during the quarter. Rockland Trust Co.’s holdings in lululemon athletica were worth $13,443,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Geode Capital Management LLC lifted its stake in lululemon athletica by 2.4% during the 4th quarter. Geode Capital Management LLC now owns 3,049,911 shares of the apparel retailer’s stock worth $631,526,000 after acquiring an additional 71,464 shares in the last quarter. Invesco Ltd. increased its stake in lululemon athletica by 28.7% during the third quarter. Invesco Ltd. now owns 2,200,552 shares of the apparel retailer’s stock worth $391,544,000 after purchasing an additional 490,127 shares during the period. Morgan Stanley increased its stake in lululemon athletica by 2.8% during the fourth quarter. Morgan Stanley now owns 2,197,158 shares of the apparel retailer’s stock worth $456,592,000 after purchasing an additional 59,282 shares during the period. Norges Bank acquired a new stake in shares of lululemon athletica during the fourth quarter worth about $362,598,000. Finally, Boston Partners purchased a new position in shares of lululemon athletica in the fourth quarter valued at approximately $304,875,000. 85.20% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on LULU shares. Citigroup cut their target price on shares of lululemon athletica from $185.00 to $130.00 and set a “neutral” rating on the stock in a research note on Tuesday, June 9th. Zacks Research lowered lululemon athletica from a “hold” rating to a “strong sell” rating in a research report on Wednesday, June 10th. Deutsche Bank Aktiengesellschaft reduced their price objective on lululemon athletica from $171.00 to $127.00 and set a “hold” rating on the stock in a research note on Monday, June 8th. Daiwa Securities Group decreased their target price on lululemon athletica from $173.00 to $120.00 and set a “neutral” rating for the company in a report on Tuesday, June 9th. Finally, BNP Paribas Exane cut lululemon athletica from a “neutral” rating to an “underperform” rating and set a $88.00 target price for the company. in a research note on Friday, June 5th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twenty-four have assigned a Hold rating and six have issued a Sell rating to the stock. According to MarketBeat, lululemon athletica presently has a consensus rating of “Reduce” and a consensus target price of $148.54.

Insider Buying and Selling

In other lululemon athletica news, Director Charles V. Bergh bought 4,275 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The shares were purchased at an average price of $117.05 per share, with a total value of $500,388.75. Following the completion of the acquisition, the director directly owned 10,365 shares of the company’s stock, valued at $1,213,223.25. This represents a 70.20% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.54% of the stock is owned by company insiders.

lululemon athletica Stock Up 3.1%

Shares of lululemon athletica stock opened at $128.58 on Friday. lululemon athletica inc. has a 52-week low of $104.44 and a 52-week high of $225.98. The company has a market capitalization of $15.26 billion, a P/E ratio of 10.38, a P/E/G ratio of 4.09 and a beta of 0.86. The company has a 50 day moving average of $117.77 and a 200 day moving average of $145.06.

lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings data on Thursday, June 4th. The apparel retailer reported $1.69 EPS for the quarter, beating analysts’ consensus estimates of $1.67 by $0.02. lululemon athletica had a net margin of 13.03% and a return on equity of 31.26%. The company had revenue of $2.47 billion for the quarter, compared to the consensus estimate of $2.44 billion. During the same period in the prior year, the firm posted $2.60 EPS. The company’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. As a group, research analysts anticipate that lululemon athletica inc. will post 10.93 earnings per share for the current fiscal year.

lululemon athletica Company 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.