Aigen Investment Management LP Acquires Shares of 7,764 lululemon athletica inc. $LULU

Aigen Investment Management LP acquired a new stake in shares of lululemon athletica inc. (NASDAQ:LULU) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 7,764 shares of the apparel retailer’s stock, valued at approximately $1,613,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. grew its holdings in shares of lululemon athletica by 3.9% in the third quarter. Vanguard Group Inc. now owns 13,782,917 shares of the apparel retailer’s stock valued at $2,452,394,000 after purchasing an additional 521,915 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of lululemon athletica by 2.4% in the fourth quarter. Geode Capital Management LLC now owns 3,049,911 shares of the apparel retailer’s stock valued at $631,526,000 after purchasing an additional 71,464 shares in the last quarter. Invesco Ltd. grew its holdings in shares of lululemon athletica by 28.7% in the third quarter. Invesco Ltd. now owns 2,200,552 shares of the apparel retailer’s stock valued at $391,544,000 after purchasing an additional 490,127 shares in the last quarter. Morgan Stanley grew its holdings in shares of lululemon athletica by 2.8% in the fourth quarter. Morgan Stanley now owns 2,197,158 shares of the apparel retailer’s stock valued at $456,592,000 after purchasing an additional 59,282 shares in the last quarter. Finally, Norges Bank purchased a new position in shares of lululemon athletica in the fourth quarter valued at $362,598,000. 85.20% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other lululemon athletica news, insider Nicole Neuburger sold 622 shares of the business’s stock in a transaction dated Wednesday, April 8th. The shares were sold at an average price of $161.00, for a total value of $100,142.00. Following the completion of the transaction, the insider directly owned 19,156 shares in the company, valued at approximately $3,084,116. The trade was a 3.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Andre Maestrini bought 3,275 shares of lululemon athletica stock in a transaction on Wednesday, April 1st. The stock was purchased at an average price of $151.02 per share, with a total value of $494,590.50. Following the completion of the acquisition, the chief executive officer directly owned 34,551 shares of the company’s stock, valued at $5,217,892.02. This represents a 10.47% increase in their position. The disclosure for this purchase is available in the SEC filing. 0.54% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

LULU has been the subject of a number of recent research reports. Jefferies Financial Group cut their target price on shares of lululemon athletica from $145.00 to $115.00 and set a “hold” rating for the company in a report on Friday, June 5th. Wells Fargo & Company cut their target price on shares of lululemon athletica from $150.00 to $110.00 and set an “equal weight” rating for the company in a report on Friday, June 5th. 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. JPMorgan Chase & Co. lowered their price target on lululemon athletica from $173.00 to $149.00 and set a “neutral” rating for the company in a research report on Friday, June 5th. Finally, Needham & Company LLC restated 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 assigned a Buy rating, twenty-seven have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus price target of $154.26.

lululemon athletica Trading Down 2.5%

Shares of lululemon athletica stock opened at $118.77 on Friday. The firm has a market cap of $14.09 billion, a P/E ratio of 9.59, a P/E/G ratio of 3.78 and a beta of 0.87. lululemon athletica inc. has a 12 month low of $109.36 and a 12 month high of $252.24. The stock’s fifty day moving average price is $138.06 and its 200-day moving average price is $168.36.

lululemon athletica (NASDAQ:LULU) last announced 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. The firm 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%.The business’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same quarter last year, the firm posted $2.60 earnings per share. 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. Analysts forecast that lululemon athletica inc. will post 11.26 earnings per share for the current 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.