Pine Valley Investments Ltd Liability Co grew its position in shares of lululemon athletica inc. (NASDAQ:LULU – Free Report) by 585.6% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 16,530 shares of the apparel retailer’s stock after purchasing an additional 14,119 shares during the quarter. Pine Valley Investments Ltd Liability Co’s holdings in lululemon athletica were worth $2,531,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also made changes to their positions in the company. NewEdge Advisors LLC lifted its holdings in shares of lululemon athletica by 41.8% in the 1st quarter. NewEdge Advisors LLC now owns 14,922 shares of the apparel retailer’s stock valued at $2,285,000 after purchasing an additional 4,400 shares during the last quarter. Caerus Investment Advisors LLC purchased a new position in lululemon athletica during the 1st quarter worth approximately $294,000. Financial Solutions Advisory Group Inc. acquired a new position in lululemon athletica during the first quarter worth approximately $338,000. Asset Dedication LLC increased its position in lululemon athletica by 15.1% during the first quarter. Asset Dedication LLC now owns 3,794 shares of the apparel retailer’s stock worth $581,000 after buying an additional 499 shares during the period. Finally, Groupama Asset Managment lifted its stake in lululemon athletica by 47.0% in the first quarter. Groupama Asset Managment now owns 1,751 shares of the apparel retailer’s stock valued at $268,000 after buying an additional 560 shares during the last quarter. Institutional investors and hedge funds own 85.20% of the company’s stock.
Insider Buying and Selling
In other news, Director Charles V. Bergh acquired 4,275 shares of the business’s stock in a transaction on 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 transaction, the director owned 10,365 shares in the company, valued at $1,213,223.25. This represents a 70.20% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.54% of the company’s stock.
lululemon athletica Trading Up 4.0%
lululemon athletica (NASDAQ:LULU – Get Free Report) last issued its quarterly 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 firm had revenue of $2.47 billion during the quarter, compared to the consensus estimate of $2.44 billion. During the same period last year, the company earned $2.60 earnings per share. The company’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.
Wall Street Analyst Weigh In
Several equities research analysts have recently weighed in on the company. Bank of America decreased their price objective on lululemon athletica from $175.00 to $140.00 and set a “neutral” rating for the company in a report on Friday, June 5th. Piper Sandler reduced their price target on shares of lululemon athletica from $130.00 to $110.00 and set a “neutral” rating for the company in a research report on Friday, June 5th. Sanford C. Bernstein reduced their price target on shares of lululemon athletica from $170.00 to $145.00 and set a “market perform” rating for the company in a research report on Wednesday, June 3rd. BNP Paribas Exane cut shares of lululemon athletica from a “neutral” rating to an “underperform” rating and set a $88.00 price target for the company. in a research note on Friday, June 5th. Finally, Barclays lowered their price objective on shares of lululemon athletica from $161.00 to $113.00 and set an “equal weight” rating on the stock in a research report on Friday, June 5th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twenty-four have assigned a Hold rating and six have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average target price of $148.35.
Get 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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