Public Employees Retirement System of Ohio Makes New Investment in lululemon athletica inc. $LULU

Public Employees Retirement System of Ohio bought a new stake in shares of lululemon athletica inc. (NASDAQ:LULU) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 30,489 shares of the apparel retailer’s stock, valued at approximately $3,481,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Brighton Jones LLC purchased a new stake in shares of lululemon athletica during the 4th quarter worth $429,000. NewEdge Advisors LLC grew its stake in lululemon athletica by 5.1% in the first quarter. NewEdge Advisors LLC now owns 3,848 shares of the apparel retailer’s stock valued at $1,089,000 after purchasing an additional 186 shares during the last quarter. Glenview Trust co grew its stake in lululemon athletica by 39.9% in the second quarter. Glenview Trust co now owns 996 shares of the apparel retailer’s stock valued at $237,000 after purchasing an additional 284 shares during the last quarter. Diversify Advisory Services LLC bought a new position in lululemon athletica in the second quarter worth about $508,000. Finally, Raymond James Financial Inc. raised its holdings in lululemon athletica by 10.7% in the second quarter. Raymond James Financial Inc. now owns 112,632 shares of the apparel retailer’s stock worth $26,759,000 after purchasing an additional 10,891 shares in the last quarter. 85.20% of the stock is currently owned by hedge funds and other institutional investors.

lululemon athletica News Summary

Here are the key news stories impacting lululemon athletica this week:

• Positive Sentiment: Fiscal Q2 adjusted EPS of $2.92 exceeded the $1.79 consensus estimate. However, approximately $0.86 per share of the result came from tariff refunds, making the beat less indicative of underlying operating strength. lululemon Q2 Earnings Beat on Tariff Refunds Despite Revenue Miss
• Positive Sentiment: Michael Burry reportedly remains bullish and indicated he may buy more shares below $100, offering a contrarian vote of confidence despite the disappointing results. Lululemon Sinks 20% After Second Guidance Cut
• Neutral Sentiment: Incoming CEO Heidi O’Neill takes over next week, putting renewed focus on whether a product refresh, stronger marketing and improved traffic can restore growth. Lululemon forecast cut hits shares, underscores challenge for next CEO
• Neutral Sentiment: Analyst opinion became more cautious: Goldman Sachs, Barclays, JPMorgan, Morgan Stanley, Piper Sandler and others lowered price targets, though several retained neutral or market-perform ratings and some targets remain above the stock’s recent level.
• Negative Sentiment: Q2 revenue fell 4% year over year to $2.42 billion, below the $2.46 billion consensus, while comparable sales dropped 9%. Americas revenue declined 8% and comparable sales fell 12%, signaling weakness in the company’s core market. Lululemon shares tumble on weak China, North America sales
• Negative Sentiment: Management reduced fiscal 2026 revenue guidance to $10.35 billion-$10.50 billion and EPS guidance to $9.48-$9.73. Q3 revenue is expected to decline 10%-11%, reinforcing concerns that the slowdown will persist.
• Negative Sentiment: The CEO transition, uneven product acceptance, softer store traffic, intense competition and a stronger-than-expected jobs report that increased rate concerns compounded the pressure on the apparel retailer’s valuation.

Insider Activity at lululemon athletica

In related news, Director Charles Bergh acquired 4,275 shares of the company’s stock in a transaction dated 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 completion of the acquisition, the director directly owned 10,365 shares of the company’s stock, valued at $1,213,223.25. This represents a 70.20% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.54% of the company’s stock.

lululemon athletica Stock Down 17.4%

LULU opened at $100.61 on Friday. lululemon athletica inc. has a 52-week low of $97.99 and a 52-week high of $225.98. The company has a market cap of $11.94 billion, a P/E ratio of 8.24, a price-to-earnings-growth ratio of 2.53 and a beta of 0.87. The firm’s 50-day moving average price is $118.42 and its 200-day moving average price is $136.36.

lululemon athletica (NASDAQ:LULU) last released its earnings results on Thursday, September 3rd. The apparel retailer reported $2.92 EPS for the quarter, topping analysts’ consensus estimates of $1.79 by $1.13. The company had revenue of $2.42 billion during the quarter, compared to analysts’ expectations of $2.46 billion. lululemon athletica had a net margin of 12.78% and a return on equity of 27.73%. lululemon athletica’s revenue for the quarter was down 4.3% on a year-over-year basis. During the same period last year, the business earned $3.10 EPS. lululemon athletica has set its FY 2026 guidance at 9.480-9.730 EPS and its Q3 2026 guidance at 0.930-0.980 EPS. On average, research analysts anticipate that lululemon athletica inc. will post 10.93 EPS for the current fiscal year.

Analyst Ratings Changes

LULU has been the topic of a number of recent analyst reports. Truist Financial restated a “sell” rating and issued a $82.00 price target (down from $94.00) on shares of lululemon athletica in a report on Friday. Weiss Ratings lowered shares of lululemon athletica from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday, August 24th. BTIG Research reissued a “neutral” rating on shares of lululemon athletica in a research report on Friday. BNP Paribas Exane lowered their target price on shares of lululemon athletica from $88.00 to $44.00 and set an “underperform” rating for the company in a research note on Friday. Finally, JPMorgan Chase & Co. cut their price target on shares of lululemon athletica from $154.00 to $95.00 and set a “neutral” rating on the stock in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat, lululemon athletica currently has a consensus rating of “Reduce” and a consensus target price of $116.46.

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.