37,337 Shares in lululemon athletica inc. $LULU Acquired by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. acquired a new stake in lululemon athletica inc. (NASDAQ:LULU) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 37,337 shares of the apparel retailer’s stock, valued at approximately $4,263,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of LULU. Silver Coast Investments LLC grew its position in lululemon athletica by 18.1% during the 2nd quarter. Silver Coast Investments LLC now owns 2,018 shares of the apparel retailer’s stock worth $230,000 after acquiring an additional 309 shares during the last quarter. Pine Valley Investments Ltd Liability Co raised its position in lululemon athletica by 30.3% in the second quarter. Pine Valley Investments Ltd Liability Co now owns 21,535 shares of the apparel retailer’s stock valued at $2,459,000 after purchasing an additional 5,005 shares during the last quarter. Whelan Financial raised its position in lululemon athletica by 16.9% in the second quarter. Whelan Financial now owns 6,100 shares of the apparel retailer’s stock valued at $696,000 after purchasing an additional 881 shares during the last quarter. Benjamin Edwards Inc. boosted its stake in shares of lululemon athletica by 14.8% during the second quarter. Benjamin Edwards Inc. now owns 3,965 shares of the apparel retailer’s stock valued at $453,000 after purchasing an additional 512 shares in the last quarter. Finally, Dynamic Wealth Strategies LLC grew its holdings in shares of lululemon athletica by 22.6% during the second quarter. Dynamic Wealth Strategies LLC now owns 499 shares of the apparel retailer’s stock worth $57,000 after purchasing an additional 92 shares during the last quarter. Institutional investors own 85.20% of the company’s stock.

Insider Activity

In other lululemon athletica news, Director Charles V. Bergh purchased 4,275 shares of lululemon athletica stock in a transaction that occurred on Monday, June 15th. The stock was acquired at an average price 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 $1,213,223.25. This trade represents a 70.20% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.54% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Daiwa Securities Group dropped their price objective on shares of lululemon athletica from $173.00 to $120.00 and set a “neutral” rating for the company in a report on Tuesday, June 9th. Zacks Research lowered shares of lululemon athletica from a “hold” rating to a “strong sell” rating in a report on Wednesday, June 10th. BNP Paribas Exane lowered shares of lululemon athletica from a “neutral” rating to an “underperform” rating and set a $88.00 target price on the stock. in a report on Friday, June 5th. Truist Financial cut shares of lululemon athletica from a “hold” rating to a “sell” rating and decreased their price target for the company from $115.00 to $94.00 in a research report on Thursday, July 16th. Finally, Citigroup dropped their price target on shares of lululemon athletica from $185.00 to $130.00 and set a “neutral” rating for the company in a research note on Tuesday, June 9th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twenty-four have assigned a Hold rating and six have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus price target of $148.54.

lululemon athletica Price Performance

Shares of lululemon athletica stock opened at $119.55 on Friday. The business has a 50-day simple moving average of $117.57 and a 200 day simple moving average of $142.59. lululemon athletica inc. has a one year low of $104.44 and a one year high of $225.98. The firm has a market capitalization of $14.19 billion, a price-to-earnings ratio of 9.65, a PEG ratio of 3.92 and a beta of 0.86.

lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings results on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.67 by $0.02. The business had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.44 billion. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.The company’s quarterly revenue was up 4.3% on a year-over-year basis. During the same quarter in the prior 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. On average, sell-side analysts expect that lululemon athletica inc. will post 10.93 EPS for the current 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.