5,838 Shares in lululemon athletica inc. $LULU Purchased by Elevation Point Wealth Partners LLC

Elevation Point Wealth Partners LLC acquired a new position in shares of lululemon athletica inc. (NASDAQ:LULU) during the 1st quarter, HoldingsChannel reports. The institutional investor acquired 5,838 shares of the apparel retailer’s stock, valued at approximately $894,000.

A number of other hedge funds also recently bought and sold shares of the company. Geode Capital Management LLC lifted its position in shares of lululemon athletica by 2.4% in the 4th quarter. Geode Capital Management LLC now owns 3,049,911 shares of the apparel retailer’s stock valued at $631,526,000 after acquiring an additional 71,464 shares in the last quarter. Invesco Ltd. boosted its position 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 worth $391,544,000 after buying an additional 490,127 shares during the period. Morgan Stanley boosted its position 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 worth $456,592,000 after buying an additional 59,282 shares during the period. Norges Bank purchased a new position in shares of lululemon athletica during the fourth quarter valued at $362,598,000. Finally, Boston Partners purchased a new position in shares of lululemon athletica during the fourth quarter valued at $304,875,000. 85.20% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have weighed in on LULU. BTIG Research cut lululemon athletica from a “buy” rating to a “neutral” rating in a research note on Friday, June 5th. Citigroup reduced their price target on shares of lululemon athletica from $185.00 to $130.00 and set a “neutral” rating for the company in a research report on Tuesday, June 9th. JPMorgan Chase & Co. cut 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. Barclays cut their price objective on lululemon athletica from $161.00 to $113.00 and set an “equal weight” rating for the company in a report on Friday, June 5th. Finally, Daiwa Securities Group lowered their target price 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. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twenty-five have issued a Hold rating and five have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and an average price target of $149.35.

lululemon athletica News Roundup

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

• Positive Sentiment: A Seeking Alpha upgrade argued that LULU’s current valuation may already reflect a discount to turnaround potential, highlighting a debt-free balance sheet, ongoing buybacks, and strong growth in China and other international markets as support for downside protection.
• Positive Sentiment: A China Daily article said lululemon posted 21% revenue growth on the Chinese mainland in Q1, reinforcing the view that the company’s international business is still expanding despite North American weakness.
• Neutral Sentiment: Several articles noted that lululemon remains a heavily watched stock, with investors focused on whether the recent selloff has created value or simply reflects slower growth and tougher comparisons. Lululemon (LULU) Stock Looks Reasonable On Earnings But Weak On Broader Checks
• Neutral Sentiment: Another analysis said it is too early to call a bottom, suggesting the market is still looking for clearer proof that the business can reaccelerate. lululemon: I’m Not Calling The Bottom Yet
• Negative Sentiment: Morgan Stanley reiterated an underweight rating and set a $93 price target, implying further downside from current levels and reinforcing concerns about near-term fundamentals.
• Negative Sentiment: Other commentary pointed to a steep multi-year decline and weaker broader checks, with some analysts warning that valuation still may not be cheap enough to justify buying aggressively.

Insider Buying and Selling

In other lululemon athletica news, insider Nicole Neuburger sold 622 shares of the stock in a transaction that occurred on 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 owned 19,156 shares in the company, valued at $3,084,116. This trade represents a 3.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Charles V. Bergh acquired 4,275 shares of lululemon athletica stock in a transaction dated Monday, June 15th. The stock was purchased at an average price of $117.05 per share, with a total value of $500,388.75. Following the completion of the purchase, the director directly owned 10,365 shares of the company’s stock, valued at $1,213,223.25. The trade was a 70.20% increase in their position. The SEC filing for this purchase provides additional information. 0.54% of the stock is owned by corporate insiders.

lululemon athletica Price Performance

NASDAQ LULU opened at $115.64 on Tuesday. lululemon athletica inc. has a fifty-two week low of $104.44 and a fifty-two week high of $247.00. The stock’s 50-day moving average is $123.70 and its two-hundred day moving average is $160.66. The firm has a market cap of $13.72 billion, a P/E ratio of 9.33, a price-to-earnings-growth ratio of 3.81 and a beta of 0.88.

lululemon athletica (NASDAQ:LULU) last released its quarterly earnings results on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.67 by $0.02. The company had revenue of $2.47 billion during the quarter, compared to the consensus estimate of $2.44 billion. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.The firm’s revenue was up 4.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.60 EPS. 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, equities analysts expect that lululemon athletica inc. will post 11.14 EPS 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.