Te Ahumairangi Investment Management Ltd Purchases Shares of 5,030 lululemon athletica inc. $LULU

Te Ahumairangi Investment Management Ltd purchased a new position in lululemon athletica inc. (NASDAQ:LULU) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 5,030 shares of the apparel retailer’s stock, valued at approximately $574,000.

A number of other large investors have also modified their holdings of the business. Brighton Jones LLC purchased a new stake in lululemon athletica during the 4th quarter worth approximately $429,000. NewEdge Advisors LLC lifted its stake in shares of lululemon athletica by 5.1% during the first quarter. NewEdge Advisors LLC now owns 3,848 shares of the apparel retailer’s stock worth $1,089,000 after buying an additional 186 shares during the period. Glenview Trust co grew its holdings in shares of lululemon athletica by 39.9% during the second quarter. Glenview Trust co now owns 996 shares of the apparel retailer’s stock valued at $237,000 after buying an additional 284 shares during the last quarter. Diversify Advisory Services LLC purchased a new stake in shares of lululemon athletica during the second quarter valued at $508,000. Finally, Raymond James Financial Inc. increased its position in shares of lululemon athletica by 10.7% in the 2nd quarter. Raymond James Financial Inc. now owns 112,632 shares of the apparel retailer’s stock valued at $26,759,000 after acquiring an additional 10,891 shares during the period. Hedge funds and other institutional investors own 85.20% of the company’s stock.

Insider Buying and Selling at lululemon athletica

In other lululemon athletica news, Director Charles V. Bergh purchased 4,275 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was purchased at an average price of $117.05 per share, for a total transaction of $500,388.75. Following the purchase, the director directly owned 10,365 shares in the company, valued at approximately $1,213,223.25. This trade represents a 70.20% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.54% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of analysts have commented on LULU shares. Robert W. Baird lowered their price target on lululemon athletica from $170.00 to $140.00 and set a “neutral” rating for the company in a research report on Friday, June 5th. Rothschild & Co Redburn dropped their target price on lululemon athletica from $160.00 to $110.00 and set a “sell” rating on the stock in a research report on Tuesday, June 16th. Zacks Research upgraded shares of lululemon athletica from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 19th. Truist Financial lowered shares of lululemon athletica from a “hold” rating to a “sell” rating and reduced their price target for the stock from $115.00 to $94.00 in a research report on Thursday, July 16th. Finally, Stifel Nicolaus decreased their price objective on shares of lululemon athletica from $176.00 to $134.00 and set a “hold” rating for the company in a research note on Friday, June 5th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twenty-five have issued a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average target price of $148.54.

lululemon athletica Price Performance

LULU opened at $121.07 on Monday. The firm has a fifty day moving average price of $117.42 and a 200 day moving average price of $140.11. lululemon athletica inc. has a 1 year low of $104.44 and a 1 year high of $225.98. The stock has a market cap of $14.37 billion, a P/E ratio of 9.77, a P/E/G ratio of 3.97 and a beta of 0.86.

lululemon athletica (NASDAQ:LULU) last released its quarterly 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 company had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.44 billion. During the same quarter last year, the business earned $2.60 earnings per share. The firm’s revenue 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. Equities analysts expect that lululemon athletica inc. will post 10.93 EPS for the current year.

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.