Alberta Investment Management Corp Buys Shares of 36,100 lululemon athletica inc. $LULU

Alberta Investment Management Corp purchased a new stake in lululemon athletica inc. (NASDAQ:LULU) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 36,100 shares of the apparel retailer’s stock, valued at approximately $7,502,000.

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

lululemon athletica Stock Performance

lululemon athletica stock opened at $115.50 on Wednesday. lululemon athletica inc. has a fifty-two week low of $109.36 and a fifty-two week high of $252.24. The stock has a 50-day simple moving average of $136.47 and a 200-day simple moving average of $167.45. The company has a market capitalization of $13.71 billion, a P/E ratio of 9.32, a PEG ratio of 3.74 and a beta of 0.87.

lululemon athletica (NASDAQ:LULU) last posted its quarterly earnings data on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share for the quarter, beating 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 during the quarter, compared to the consensus estimate of $2.44 billion. During the same period in the prior year, the company earned $2.60 earnings per share. The company’s revenue was up 4.3% compared to the same quarter last year. 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. As a group, analysts forecast that lululemon athletica inc. will post 11.14 earnings per share for the current year.

Analysts Set New Price Targets

LULU has been the subject of several research reports. Zacks Research downgraded shares of lululemon athletica from a “hold” rating to a “strong sell” rating in a research note on Wednesday, June 10th. BNP Paribas Exane lowered lululemon athletica from a “neutral” rating to an “underperform” rating and set a $88.00 target price for the company. in a report on Friday, June 5th. Deutsche Bank Aktiengesellschaft lowered their price target on shares of lululemon athletica from $171.00 to $127.00 and set a “hold” rating for the company in a report on Monday, June 8th. Piper Sandler lowered their price objective on lululemon athletica from $130.00 to $110.00 and set a “neutral” rating for the company in a research report on Friday, June 5th. Finally, Sanford C. Bernstein dropped their price objective on lululemon athletica from $170.00 to $145.00 and set a “market perform” rating on the stock in a report on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twenty-six have issued a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus target price of $152.88.

Insider Buying and Selling at lululemon athletica

In other news, insider Nicole Neuburger sold 622 shares of the business’s stock in a transaction that occurred on Wednesday, April 8th. The stock was sold at an average price of $161.00, for a total value of $100,142.00. Following the transaction, the insider owned 19,156 shares of the company’s stock, valued at approximately $3,084,116. The trade was a 3.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Andre Maestrini purchased 3,275 shares of the business’s stock in a transaction dated Wednesday, April 1st. The shares were bought at an average price of $151.02 per share, with a total value of $494,590.50. Following the purchase, the chief executive officer directly owned 34,551 shares of the company’s stock, valued at approximately $5,217,892.02. The trade was a 10.47% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders purchased a total of 13,640 shares of company stock valued at $1,994,957 in the last ninety days. Insiders own 0.54% of the company’s stock.

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.