lululemon athletica inc. $LULU Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC lessened its stake in shares of lululemon athletica inc. (NASDAQ:LULU) by 29.3% in the 1st quarter, Holdings Channel reports. The institutional investor owned 16,090 shares of the apparel retailer’s stock after selling 6,664 shares during the quarter. Janney Montgomery Scott LLC’s holdings in lululemon athletica were worth $2,463,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Davis Investment Partners LLC raised its stake in lululemon athletica by 2.9% during the 4th 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 in the last quarter. NorthRock Partners LLC boosted its stake in lululemon athletica by 4.2% in the third 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 in the last quarter. Murphy & Mullick Capital Management Corp boosted its stake in lululemon athletica by 4.3% in the first quarter. Murphy & Mullick Capital Management Corp now owns 1,578 shares of the apparel retailer’s stock valued at $242,000 after acquiring an additional 65 shares in the last quarter. IHT Wealth Management LLC grew its holdings in shares of lululemon athletica by 1.7% during the second 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 last quarter. Finally, Banque Cantonale Vaudoise grew its holdings in shares of lululemon athletica by 3.2% during the third 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 last quarter. Institutional investors and hedge funds own 85.20% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on LULU. Robert W. Baird reduced their target price on lululemon athletica from $170.00 to $140.00 and set a “neutral” rating for the company in a report on Friday, June 5th. Freedom Capital raised lululemon athletica from a “strong sell” rating to a “hold” rating in a research report on Friday, June 5th. Morgan Stanley reiterated an “underweight” rating and issued a $93.00 price objective on shares of lululemon athletica in a research note on Monday. Needham & Company LLC reissued a “hold” rating on shares of lululemon athletica in a report on Friday, June 5th. Finally, Telsey Advisory Group lowered their target price on shares of lululemon athletica from $175.00 to $122.00 and set a “market perform” rating on the stock in a research report on Friday, June 5th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twenty-five have assigned a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Reduce” and an average price target of $149.35.

Insider Buying and Selling

In other news, Director Charles V. Bergh acquired 4,275 shares of the business’s stock in a transaction on Monday, June 15th. The stock was bought at an average price of $117.05 per share, for a total transaction of $500,388.75. Following the transaction, the director owned 10,365 shares in the company, valued at $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 the SEC website. Insiders own 0.54% of the company’s stock.

lululemon athletica Trading Down 1.3%

lululemon athletica stock opened at $113.62 on Thursday. The stock has a 50 day moving average of $121.94 and a two-hundred day moving average of $158.65. lululemon athletica inc. has a twelve month low of $104.44 and a twelve month high of $241.84. The stock has a market capitalization of $13.48 billion, a price-to-earnings ratio of 9.17, a PEG ratio of 3.72 and a beta of 0.88.

lululemon athletica (NASDAQ:LULU) last released 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 return on equity of 31.26% and a net margin of 13.03%.The business had revenue of $2.47 billion during the quarter, compared to analysts’ expectations of $2.44 billion. During the same quarter in the prior year, the business earned $2.60 earnings per share. 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. Equities analysts predict that lululemon athletica inc. will post 11.08 earnings per share for the current year.

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.