22,591 Shares in lululemon athletica inc. $LULU Acquired by SEB Asset Management AB

SEB Asset Management AB bought a new position in shares of lululemon athletica inc. (NASDAQ:LULU) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 22,591 shares of the apparel retailer’s stock, valued at approximately $3,459,000.

Several other hedge funds and other institutional investors have also bought and sold shares of LULU. Brighton Jones LLC bought a new stake in lululemon athletica during the fourth quarter valued at about $429,000. NewEdge Advisors LLC raised its holdings in lululemon athletica by 5.1% in the first quarter. NewEdge Advisors LLC now owns 3,848 shares of the apparel retailer’s stock worth $1,089,000 after purchasing an additional 186 shares in the last quarter. Glenview Trust co raised its holdings in lululemon athletica by 39.9% in the second quarter. Glenview Trust co now owns 996 shares of the apparel retailer’s stock worth $237,000 after purchasing an additional 284 shares in the last quarter. Diversify Advisory Services LLC purchased a new stake in shares of lululemon athletica during the second quarter valued at about $508,000. Finally, Raymond James Financial Inc. lifted its position in shares of lululemon athletica by 10.7% during the second quarter. Raymond James Financial Inc. now owns 112,632 shares of the apparel retailer’s stock valued at $26,759,000 after buying an additional 10,891 shares during the last quarter. Institutional investors own 85.20% of the company’s stock.

lululemon athletica Stock Performance

Shares of LULU stock opened at $113.37 on Thursday. lululemon athletica inc. has a fifty-two week low of $104.44 and a fifty-two week high of $226.24. The firm has a market capitalization of $13.45 billion, a price-to-earnings ratio of 9.15, a PEG ratio of 3.82 and a beta of 0.88. The stock’s 50-day simple moving average is $119.04 and its 200-day simple moving average is $152.10.

lululemon athletica (NASDAQ:LULU) last posted its quarterly earnings data on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share (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 the consensus estimate of $2.44 billion. lululemon athletica had a net margin of 13.03% and a return on equity of 31.26%. The company’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same quarter in the prior year, the company 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. As a group, equities analysts forecast that lululemon athletica inc. will post 10.94 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on LULU shares. Freedom Capital raised shares of lululemon athletica from a “strong sell” rating to a “hold” rating in a research report on Friday, June 5th. Barclays decreased their target price on shares of lululemon athletica from $161.00 to $113.00 and set an “equal weight” rating for the company in a research report on Friday, June 5th. BTIG Research downgraded shares of lululemon athletica from a “buy” rating to a “neutral” rating in a research note on Friday, June 5th. Rothschild & Co Redburn cut their price target on shares of lululemon athletica from $160.00 to $110.00 and set a “sell” rating on the stock in a report on Tuesday, June 16th. Finally, Zacks Research downgraded lululemon athletica from a “hold” rating to a “strong sell” rating in a research report on Wednesday, June 10th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twenty-four have given a Hold rating and six have issued a Sell rating to the company. According to MarketBeat.com, lululemon athletica currently has an average rating of “Reduce” and an average price target of $148.35.

Insider Activity

In other news, Director Charles V. Bergh bought 4,275 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The shares were purchased at an average cost of $117.05 per share, with a total value of $500,388.75. Following the transaction, the director directly owned 10,365 shares in the company, valued at approximately $1,213,223.25. The trade was a 70.20% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.54% of the stock is currently owned by insiders.

lululemon athletica 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.