lululemon athletica inc. $LULU Shares Sold by SummitTX Capital L.P.

SummitTX Capital L.P. cut its holdings in lululemon athletica inc. (NASDAQ:LULU) by 68.2% in the 1st quarter, HoldingsChannel reports. The fund owned 8,240 shares of the apparel retailer’s stock after selling 17,641 shares during the period. SummitTX Capital L.P.’s holdings in lululemon athletica were worth $1,262,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in LULU. NorthRock Partners LLC grew its position in shares of 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 purchasing an additional 62 shares during the period. Murphy & Mullick Capital Management Corp lifted its position in lululemon athletica by 4.3% during the first quarter. Murphy & Mullick Capital Management Corp now owns 1,578 shares of the apparel retailer’s stock worth $242,000 after buying an additional 65 shares during the period. IHT Wealth Management LLC lifted its position in 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 buying an additional 73 shares during the period. Capital Advisors Ltd. LLC boosted its stake in lululemon athletica by 27.4% in the 4th quarter. Capital Advisors Ltd. LLC now owns 363 shares of the apparel retailer’s stock worth $75,000 after buying an additional 78 shares during the last quarter. Finally, GW&K Investment Management LLC grew its holdings 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 buying an additional 78 shares during the period. Hedge funds and other institutional investors own 85.20% of the company’s stock.

lululemon athletica Stock Performance

Shares of NASDAQ:LULU opened at $119.03 on Thursday. The stock has a 50-day simple moving average of $118.58 and a 200-day simple moving average of $148.71. The stock has a market capitalization of $14.13 billion, a P/E ratio of 9.61, a PEG ratio of 3.94 and a beta of 0.88. lululemon athletica inc. has a 1 year low of $104.44 and a 1 year high of $225.98.

lululemon athletica (NASDAQ:LULU) last posted its quarterly earnings results 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 analyst estimates of $2.44 billion. lululemon athletica had a net margin of 13.03% and a return on equity of 31.26%. lululemon athletica’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same quarter last year, the firm posted $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. Analysts predict that lululemon athletica inc. will post 10.94 earnings per share for the current year.

Insider Activity at lululemon athletica

In other lululemon athletica news, Director Charles V. Bergh bought 4,275 shares of the business’s stock in a transaction dated 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 purchase, the director owned 10,365 shares in the company, valued at approximately $1,213,223.25. The trade was a 70.20% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.54% of the company’s stock.

Analyst Upgrades and Downgrades

LULU has been the subject of a number of research analyst reports. JPMorgan Chase & Co. dropped their price objective on shares of lululemon athletica from $173.00 to $149.00 and set a “neutral” rating for the company in a research note on Friday, June 5th. UBS Group lowered their target price on shares of lululemon athletica from $153.00 to $124.00 and set a “neutral” rating for the company in a report on Sunday, June 7th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of lululemon athletica from $171.00 to $127.00 and set a “hold” rating for the company in a research report on Monday, June 8th. Needham & Company LLC reaffirmed a “hold” rating on shares of lululemon athletica in a research note on Friday, June 5th. Finally, The Goldman Sachs Group decreased their price target on shares of lululemon athletica from $177.00 to $122.00 and set a “neutral” rating on the stock in a report on Friday, June 5th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twenty-four have given a Hold rating and six have assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Reduce” and an average target price of $148.35.

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.