Steadtrust LLC Takes Position in lululemon athletica inc. $LULU

Steadtrust LLC bought a new position in shares of lululemon athletica inc. (NASDAQ:LULU) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 4,650 shares of the apparel retailer’s stock, valued at approximately $531,000.

Several other hedge funds have also added to or reduced their stakes in the company. NorthRock Partners LLC grew its holdings in lululemon athletica by 4.2% in the 3rd quarter. NorthRock Partners LLC now owns 1,553 shares of the apparel retailer’s stock valued at $276,000 after buying an additional 62 shares in the last quarter. Murphy & Mullick Capital Management Corp lifted its holdings in shares of 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 in the last quarter. IHT Wealth Management LLC lifted its holdings in shares of 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 in the last quarter. GW&K Investment Management LLC boosted its position in shares of lululemon athletica by 70.3% in the fourth quarter. GW&K Investment Management LLC now owns 189 shares of the apparel retailer’s stock valued at $39,000 after acquiring an additional 78 shares during the period. Finally, Golden State Wealth Management LLC boosted its position in shares of lululemon athletica by 43.6% in the fourth quarter. Golden State Wealth Management LLC now owns 280 shares of the apparel retailer’s stock valued at $58,000 after acquiring an additional 85 shares during the period. 85.20% of the stock is owned by institutional investors and hedge funds.

lululemon athletica Price Performance

LULU opened at $128.58 on Monday. lululemon athletica inc. has a twelve month low of $104.44 and a twelve month high of $225.98. The company has a 50-day simple moving average of $117.77 and a 200 day simple moving average of $144.66. The stock has a market capitalization of $15.26 billion, a price-to-earnings ratio of 10.38, a P/E/G ratio of 4.22 and a beta of 0.86.

lululemon athletica (NASDAQ:LULU) last released its 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. 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 for the quarter, compared to analyst estimates of $2.44 billion. During the same period last year, the firm earned $2.60 EPS. The business’s quarterly revenue was up 4.3% compared to the same quarter last year. 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. Sell-side analysts anticipate that lululemon athletica inc. will post 10.93 EPS for the current fiscal year.

Insider Activity

In other news, Director Charles V. Bergh acquired 4,275 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The shares were acquired at an average cost of $117.05 per share, with a total value of $500,388.75. Following the completion of the purchase, the director directly owned 10,365 shares of the company’s stock, valued at $1,213,223.25. The trade was a 70.20% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.54% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Zacks Research lowered shares of lululemon athletica from a “hold” rating to a “strong sell” rating in a research report on Wednesday, June 10th. Bank of America cut their price objective on shares of lululemon athletica from $175.00 to $140.00 and set a “neutral” rating for the company in a report on Friday, June 5th. Truist Financial lowered shares of lululemon athletica from a “hold” rating to a “sell” rating and decreased their target price for the stock from $115.00 to $94.00 in a research report on Thursday, July 16th. Citigroup lowered their target price on shares of lululemon athletica from $185.00 to $130.00 and set a “neutral” rating on the stock in a report on Tuesday, June 9th. Finally, Weiss Ratings upgraded shares of lululemon athletica from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twenty-four have issued a Hold rating and six have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus target price of $148.54.

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.