Assenagon Asset Management S.A. Sells 263,292 Shares of lululemon athletica inc. $LULU

Assenagon Asset Management S.A. lowered its stake in lululemon athletica inc. (NASDAQ:LULU) by 60.0% during the first quarter, Holdings Channel.com reports. The fund owned 175,169 shares of the apparel retailer’s stock after selling 263,292 shares during the period. Assenagon Asset Management S.A.’s holdings in lululemon athletica were worth $26,818,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Norges Bank bought a new stake in shares of lululemon athletica during the 4th quarter worth approximately $362,598,000. Boston Partners acquired a new stake in lululemon athletica in the fourth quarter valued at $304,875,000. Invesco Ltd. grew its position in shares of lululemon athletica by 28.7% in the 3rd quarter. Invesco Ltd. now owns 2,200,552 shares of the apparel retailer’s stock valued at $391,544,000 after acquiring an additional 490,127 shares during the period. Goldman Sachs Group Inc. grew its position in shares of lululemon athletica by 77.3% in the 4th quarter. Goldman Sachs Group Inc. now owns 979,054 shares of the apparel retailer’s stock valued at $203,457,000 after acquiring an additional 426,860 shares during the period. Finally, Contrarius Group Holdings Ltd bought a new stake in shares of lululemon athletica in the 4th quarter valued at about $86,441,000. Institutional investors own 85.20% of the company’s stock.

lululemon athletica Stock Up 4.9%

LULU stock opened at $117.57 on Friday. The firm has a market cap of $13.95 billion, a PE ratio of 9.49, a P/E/G ratio of 3.61 and a beta of 0.87. The business has a 50 day moving average of $128.61 and a 200-day moving average of $163.52. lululemon athletica inc. has a 12-month low of $104.44 and a 12-month high of $252.24.

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, 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 analysts’ expectations of $2.44 billion. During the same quarter in the previous year, the firm earned $2.60 earnings per share. The business’s 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. On average, research analysts expect that lululemon athletica inc. will post 11.14 earnings per share for the current year.

Wall Street Analysts Forecast Growth

LULU has been the topic of a number of recent analyst reports. Bank of America lowered their price target on lululemon athletica from $175.00 to $140.00 and set a “neutral” rating on the stock in a research report on Friday, June 5th. Barclays cut their price objective on shares of lululemon athletica from $161.00 to $113.00 and set an “equal weight” rating for the company in a research report on Friday, June 5th. Freedom Capital upgraded lululemon athletica from a “strong sell” rating to a “hold” rating in a research report on Friday, June 5th. Jefferies Financial Group cut their price objective on lululemon athletica from $145.00 to $115.00 and set a “hold” rating on the stock in a research note on Friday, June 5th. Finally, Stifel Nicolaus reduced their target price on lululemon athletica from $176.00 to $134.00 and set a “hold” rating on the stock in a report on Friday, June 5th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twenty-six have assigned a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus target price of $152.88.

lululemon athletica News Roundup

Here are the key news stories impacting lululemon athletica this week:

• Positive Sentiment: Shareholders elected three management-backed directors, including former Levi Strauss CEO Chip Bergh, Unilever executive Esi Eggleston Bracey, and finance veteran Teri List, helping finalize a truce with founder Chip Wilson and giving incoming leadership more room to focus on a turnaround. Reuters article
• Positive Sentiment: The board settlement appears to resolve a distracting proxy dispute, which could improve governance visibility and allow management to concentrate on reviving growth and sentiment around the brand. Proactive Investors article
• Neutral Sentiment: Several articles highlighted broader concerns that Lululemon has been a weak performer relative to past expectations, with investors still focused on whether the company can restore stronger revenue growth and rebuild confidence. Yahoo Finance article
• Neutral Sentiment: Commentary from Michael Burry and other market observers added attention to LULU, but these items were mostly opinion-driven and did not change the core near-term business outlook. Business Insider article

Insider Buying and Selling at lululemon athletica

In other news, Director Charles V. Bergh bought 4,275 shares of the stock in a transaction on Monday, June 15th. The shares were purchased at an average cost of $117.05 per share, for a total transaction of $500,388.75. Following the completion of the purchase, the director directly 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 legal filing with the SEC, which is accessible through this link. Also, insider Nicole Neuburger sold 622 shares of the stock in a transaction 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 sale, the insider owned 19,156 shares in the company, valued at approximately $3,084,116. This represents a 3.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.54% of the stock is owned by corporate insiders.

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.