LM Advisors LLC purchased a new position in shares of lululemon athletica inc. (NASDAQ:LULU – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 4,568 shares of the apparel retailer’s stock, valued at approximately $522,000.
A number of other institutional investors have also modified their holdings of LULU. Uniplan Investment Counsel Inc. acquired a new position in lululemon athletica during the 4th quarter worth about $26,000. Elyxium Wealth LLC purchased a new position in lululemon athletica during the 4th quarter valued at about $31,000. DV Equities LLC acquired a new position in lululemon athletica in the 4th quarter valued at about $31,000. GW&K Investment Management LLC grew its position in lululemon athletica by 70.3% in the 4th quarter. GW&K Investment Management LLC now owns 189 shares of the apparel retailer’s stock valued at $39,000 after acquiring an additional 78 shares in the last quarter. Finally, Rexford Capital Inc. purchased a new stake in lululemon athletica during the first quarter worth about $31,000. 85.20% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
LULU has been the topic of several research reports. Deutsche Bank Aktiengesellschaft reduced their price target on shares of lululemon athletica from $171.00 to $127.00 and set a “hold” rating on the stock in a research report on Monday, June 8th. Bank of America dropped their price objective on shares of lululemon athletica from $175.00 to $140.00 and set a “neutral” rating for the company in a report on Friday, June 5th. Evercore reduced their target price on shares of lululemon athletica from $175.00 to $130.00 in a report on Wednesday, June 3rd. Robert W. Baird reduced their target price on shares of lululemon athletica from $170.00 to $140.00 and set a “neutral” rating on the stock in a report on Friday, June 5th. Finally, Weiss Ratings raised shares of lululemon athletica from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twenty-five have assigned a Hold rating and five have issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average target price of $148.54.
lululemon athletica Stock Performance
LULU stock opened at $121.07 on Friday. The company’s 50 day moving average price is $117.42 and its 200 day moving average price is $140.39. The firm has a market capitalization of $14.37 billion, a price-to-earnings ratio of 9.77, a PEG ratio of 3.97 and a beta of 0.86. lululemon athletica inc. has a fifty-two week low of $104.44 and a fifty-two week high of $225.98.
lululemon athletica (NASDAQ:LULU – Get Free Report) last issued its quarterly earnings results on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to the consensus estimate of $2.44 billion. During the same quarter in the previous year, the firm earned $2.60 earnings per share. The firm’s quarterly revenue was up 4.3% on a year-over-year basis. 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. Equities analysts forecast that lululemon athletica inc. will post 10.93 EPS for the current fiscal year.
Insider Buying and Selling at lululemon athletica
In other news, Director Charles V. Bergh acquired 4,275 shares of the firm’s stock in a transaction dated Monday, June 15th. The stock was acquired at an average cost of $117.05 per share, with a total value of $500,388.75. Following the transaction, the director owned 10,365 shares in the company, valued at approximately $1,213,223.25. This trade represents a 70.20% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 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.
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