Mediolanum International Funds Ltd Sells 6,767 Shares of lululemon athletica inc. $LULU

Mediolanum International Funds Ltd lowered its position in shares of lululemon athletica inc. (NASDAQ:LULU) by 18.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 30,298 shares of the apparel retailer’s stock after selling 6,767 shares during the quarter. Mediolanum International Funds Ltd’s holdings in lululemon athletica were worth $4,418,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of LULU. Norges Bank purchased a new position in lululemon athletica during the fourth quarter valued at $362,598,000. Boston Partners bought a new position in shares of lululemon athletica during the fourth quarter valued at $304,875,000. Invesco Ltd. raised its position in shares of lululemon athletica by 28.7% in the 3rd quarter. Invesco Ltd. now owns 2,200,552 shares of the apparel retailer’s stock worth $391,544,000 after purchasing an additional 490,127 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in lululemon athletica by 77.3% in the 4th quarter. Goldman Sachs Group Inc. now owns 979,054 shares of the apparel retailer’s stock worth $203,457,000 after purchasing an additional 426,860 shares in the last quarter. Finally, Contrarius Group Holdings Ltd bought a new position in lululemon athletica in the 4th quarter worth about $86,441,000. Institutional investors own 85.20% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on LULU. Rothschild & Co Redburn reduced their price objective on shares of lululemon athletica from $160.00 to $110.00 and set a “sell” rating for the company in a research note on Tuesday, June 16th. Freedom Capital upgraded shares of lululemon athletica from a “strong sell” rating to a “hold” rating in a research note on Friday, June 5th. Telsey Advisory Group cut their price target on shares of lululemon athletica from $175.00 to $122.00 and set a “market perform” rating on the stock in a report on Friday, June 5th. Morgan Stanley reissued an “underweight” rating and set a $93.00 price target on shares of lululemon athletica in a research report on Monday, July 6th. Finally, Truist Financial lowered shares of lululemon athletica from a “hold” rating to a “sell” rating and decreased their price objective for the stock from $115.00 to $94.00 in a report on Thursday, July 16th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twenty-four have issued a Hold rating and six have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Reduce” and a consensus target price of $148.54.

lululemon athletica Stock Performance

LULU opened at $116.67 on Tuesday. The company’s 50-day simple moving average is $119.36 and its two-hundred day simple moving average is $153.40. The stock has a market capitalization of $13.85 billion, a P/E ratio of 9.42, a P/E/G ratio of 3.81 and a beta of 0.88. lululemon athletica inc. has a 52-week low of $104.44 and a 52-week high of $230.50.

lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings results on Thursday, June 4th. The apparel retailer reported $1.69 EPS for the quarter, topping analysts’ consensus estimates of $1.67 by $0.02. lululemon athletica had a net margin of 13.03% and a return on equity of 31.26%. The firm had revenue of $2.47 billion during the quarter, compared to analyst estimates of $2.44 billion. During the same period in the previous year, the business posted $2.60 earnings per share. The business’s revenue for the quarter was up 4.3% on a year-over-year basis. 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. Research analysts forecast that lululemon athletica inc. will post 10.94 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Charles V. Bergh bought 4,275 shares of the business’s stock in a transaction 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 approximately $1,213,223.25. This trade represents a 70.20% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.54% of the company’s stock.

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.