Ieq Capital LLC acquired a new stake in lululemon athletica inc. (NASDAQ:LULU – Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 9,066 shares of the apparel retailer’s stock, valued at approximately $1,035,000.
Several other hedge funds have also recently added to or reduced their stakes in LULU. Swiss Life Asset Management Ltd boosted its stake in shares of lululemon athletica by 53.1% during the 4th quarter. Swiss Life Asset Management Ltd now owns 68,093 shares of the apparel retailer’s stock worth $14,150,000 after purchasing an additional 23,623 shares during the last quarter. Oppenheimer Asset Management Inc. raised its position in shares of lululemon athletica by 46.6% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 25,594 shares of the apparel retailer’s stock valued at $5,319,000 after buying an additional 8,134 shares during the last quarter. Rayburn West Financial Services LLC acquired a new position in shares of lululemon athletica in the fourth quarter valued at approximately $3,536,000. Gateway Investment Advisers LLC lifted its stake in shares of lululemon athletica by 60.0% during the fourth quarter. Gateway Investment Advisers LLC now owns 45,062 shares of the apparel retailer’s stock valued at $9,364,000 after buying an additional 16,901 shares during the period. Finally, MUFG Securities EMEA plc lifted its stake in shares of lululemon athletica by 9,695.1% during the fourth quarter. MUFG Securities EMEA plc now owns 204,424 shares of the apparel retailer’s stock valued at $42,481,000 after buying an additional 202,337 shares during the period. 85.20% of the stock is currently owned by hedge funds and other institutional investors.
Insider Activity at lululemon athletica
In other news, Director Charles V. Bergh acquired 4,275 shares of the business’s stock in a transaction dated Monday, June 15th. The shares were bought at an average cost of $117.05 per share, for a total transaction of $500,388.75. Following the acquisition, the director directly owned 10,365 shares in the company, valued at $1,213,223.25. This trade represents a 70.20% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.54% of the stock is currently owned by company insiders.
Key Headlines Impacting lululemon athletica
- Positive Sentiment: UBS expects Lululemon to potentially exceed second-quarter earnings expectations, supported by cost controls and share repurchases. The company is scheduled to report results on September 3. Lululemon Athletica Set to Top Second Quarter Earnings Expectations on Cost Control, Share Repurchases, UBS Says
- Positive Sentiment: Recent analyst commentary suggests LULU could benefit from disciplined expense management and buybacks even if revenue growth remains subdued. The company’s latest reported quarter also exceeded consensus estimates for revenue and earnings. Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies
- Neutral Sentiment: Analyst sentiment is mixed ahead of the earnings release. UBS maintains a neutral view, while other coverage is focused on whether Lululemon can stabilize growth in its largest markets. Should You Buy Lululemon Stock Before Sept. 3?
- Negative Sentiment: UBS warned that Lululemon may reduce its fiscal 2026 earnings outlook because of weaker-than-expected sales in the U.S. and China. The firm reportedly expects a reduction of approximately $1.25 per share, raising concerns about the company’s longer-term growth trajectory. Lululemon May Cut Annual Earnings Outlook Amid Weak US, China Sales, Warns UBS
- Negative Sentiment: UBS lowered its LULU price target from $124 to $120 and kept a neutral rating, reflecting limited expected upside and persistent demand concerns. UBS Lowers Lululemon Price Target
lululemon athletica Stock Down 1.7%
Shares of NASDAQ LULU opened at $116.35 on Thursday. lululemon athletica inc. has a 52-week low of $104.44 and a 52-week high of $225.98. The firm has a fifty day moving average of $117.70 and a 200-day moving average of $138.97. The stock has a market capitalization of $13.81 billion, a PE ratio of 9.39, a P/E/G ratio of 3.88 and a beta of 0.86.
lululemon athletica (NASDAQ:LULU – Get Free Report) last issued its earnings results on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share for the quarter, topping the consensus estimate of $1.67 by $0.02. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.The business had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.44 billion. During the same period last year, the company posted $2.60 EPS. The business’s quarterly 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 research analysts expect that lululemon athletica inc. will post 10.93 EPS for the current fiscal year.
Analysts Set New Price Targets
Several research firms have commented on LULU. Stifel Nicolaus lowered their target price 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. Daiwa Securities Group reduced their price target on lululemon athletica from $173.00 to $120.00 and set a “neutral” rating on the stock in a research note on Tuesday, June 9th. Rothschild & Co Redburn decreased their price objective on lululemon athletica from $160.00 to $110.00 and set a “sell” rating on the stock in a report on Tuesday, June 16th. Truist Financial downgraded lululemon athletica from a “hold” rating to a “sell” rating and lowered their price objective for the company from $115.00 to $94.00 in a research report on Thursday, July 16th. Finally, Telsey Advisory Group dropped their target price on lululemon athletica from $175.00 to $122.00 and set a “market perform” rating for the company in a research note on Friday, June 5th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twenty-five have assigned a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and an average target price of $148.38.
Read Our Latest Stock Report on LULU
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.
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