Louisiana State Employees Retirement System Invests $827,000 in lululemon athletica inc. $LULU

Louisiana State Employees Retirement System bought a new stake in shares of lululemon athletica inc. (NASDAQ:LULU) during the 1st quarter, according to its most recent filing with the SEC. The fund bought 5,400 shares of the apparel retailer’s stock, valued at approximately $827,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Swiss Life Asset Management Ltd lifted its position in lululemon athletica by 53.1% during the 4th quarter. Swiss Life Asset Management Ltd now owns 68,093 shares of the apparel retailer’s stock valued at $14,150,000 after purchasing an additional 23,623 shares during the period. Oppenheimer Asset Management Inc. boosted its stake in shares of lululemon athletica by 46.6% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 25,594 shares of the apparel retailer’s stock valued at $5,319,000 after purchasing an additional 8,134 shares during the last quarter. Rayburn West Financial Services LLC acquired a new stake in shares of lululemon athletica during the 4th quarter worth approximately $3,536,000. Gateway Investment Advisers LLC grew its position in shares of lululemon athletica by 60.0% during the 4th quarter. Gateway Investment Advisers LLC now owns 45,062 shares of the apparel retailer’s stock worth $9,364,000 after buying an additional 16,901 shares during the period. Finally, MUFG Securities EMEA plc raised its stake in shares of lululemon athletica by 9,695.1% during the fourth quarter. MUFG Securities EMEA plc now owns 204,424 shares of the apparel retailer’s stock worth $42,481,000 after buying an additional 202,337 shares during the last quarter. Institutional investors own 85.20% of the company’s stock.

lululemon athletica Stock Performance

Shares of NASDAQ LULU opened at $118.43 on Monday. lululemon athletica inc. has a 52-week low of $104.44 and a 52-week high of $249.97. The stock has a market cap of $14.05 billion, a P/E ratio of 9.56, a P/E/G ratio of 3.81 and a beta of 0.88. The firm has a 50 day moving average price of $123.70 and a 200 day moving average price of $160.66.

lululemon athletica (NASDAQ:LULU) last posted its 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 net margin of 13.03% and a return on equity of 31.26%. The company had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.44 billion. During the same period last year, the business posted $2.60 earnings per share. The business’s revenue for the quarter 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. Analysts predict that lululemon athletica inc. will post 11.14 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Zacks Research lowered shares of lululemon athletica from a “hold” rating to a “strong sell” rating in a report on Wednesday, June 10th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of lululemon athletica in a report on Friday, June 26th. JPMorgan Chase & Co. dropped their target price on shares of lululemon athletica from $173.00 to $149.00 and set a “neutral” rating for the company in a research report on Friday, June 5th. Daiwa Securities Group cut their price target on lululemon athletica from $173.00 to $120.00 and set a “neutral” rating on the stock in a research note on Tuesday, June 9th. Finally, Stifel Nicolaus reduced their price target on lululemon athletica from $176.00 to $134.00 and set a “hold” rating on the stock in a research report on Friday, June 5th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twenty-six have issued a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, lululemon athletica presently has an average rating of “Reduce” and an average price target of $152.88.

Insider Activity

In other lululemon athletica news, insider Nicole Neuburger sold 622 shares of lululemon athletica stock in a transaction dated Wednesday, April 8th. The stock was sold at an average price of $161.00, for a total transaction of $100,142.00. Following 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Charles V. Bergh purchased 4,275 shares of the stock in a transaction on Monday, June 15th. The stock was acquired at an average price of $117.05 per share, with a total value of $500,388.75. Following the completion of the acquisition, the director directly owned 10,365 shares of the company’s stock, valued at approximately $1,213,223.25. This represents a 70.20% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders own 0.54% of the company’s stock.

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.