Headlands Technologies LLC purchased a new stake in lululemon athletica inc. (NASDAQ:LULU – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 10,668 shares of the apparel retailer’s stock, valued at approximately $1,218,000.
A number of other institutional investors and hedge funds have also modified their holdings of the company. NorthRock Partners LLC raised 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 worth $276,000 after acquiring an additional 62 shares during the period. Murphy & Mullick Capital Management Corp boosted its holdings in 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 valued at $242,000 after acquiring an additional 65 shares during the period. IHT Wealth Management LLC grew its position in shares of lululemon athletica by 1.7% in the second quarter. IHT Wealth Management LLC now owns 4,276 shares of the apparel retailer’s stock valued at $1,016,000 after purchasing an additional 73 shares during the last quarter. GW&K Investment Management LLC grew 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 purchasing an additional 78 shares during the last quarter. Finally, Golden State Wealth Management LLC increased its stake 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 worth $58,000 after purchasing an additional 85 shares during the period. 85.20% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several brokerages recently weighed in on LULU. Zacks Research upgraded lululemon athletica from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 19th. Daiwa Securities Group cut their price target on lululemon athletica from $173.00 to $120.00 and set a “neutral” rating for the company in a report on Tuesday, June 9th. BTIG Research cut lululemon athletica from a “buy” rating to a “neutral” rating in a research report on Friday, June 5th. Piper Sandler lowered their price objective on shares of lululemon athletica from $130.00 to $110.00 and set a “neutral” rating on the stock in a research note on Friday, June 5th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of lululemon athletica in a research report on Friday, June 5th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twenty-five have given a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, lululemon athletica currently has a consensus rating of “Reduce” and a consensus target price of $148.38.
Insider Transactions at lululemon athletica
In other lululemon athletica news, Director Charles V. Bergh acquired 4,275 shares of the company’s stock in a transaction dated Monday, June 15th. The stock was bought at an average price of $117.05 per share, for a total transaction of $500,388.75. Following the purchase, the director owned 10,365 shares in the company, valued at $1,213,223.25. This represents a 70.20% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.54% of the stock is owned by company insiders.
lululemon athletica Trading Down 0.5%
Shares of LULU stock opened at $120.26 on Tuesday. The stock has a 50 day moving average of $118.24 and a two-hundred day moving average of $137.75. lululemon athletica inc. has a 12 month low of $104.44 and a 12 month high of $225.98. The company has a market capitalization of $14.27 billion, a P/E ratio of 9.71, a P/E/G ratio of 3.96 and a beta of 0.86.
lululemon athletica (NASDAQ:LULU – Get Free Report) last announced its quarterly earnings data 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. The company had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.44 billion. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.lululemon athletica’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same quarter last year, the firm earned $2.60 EPS. 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 predict that lululemon athletica inc. will post 10.93 earnings per share for the current fiscal year.
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.
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