lululemon athletica inc. $LULU Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC lowered its position in lululemon athletica inc. (NASDAQ:LULU) by 29.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 16,090 shares of the apparel retailer’s stock after selling 6,664 shares during the quarter. Janney Montgomery Scott LLC’s holdings in lululemon athletica were worth $2,463,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Trilogy Capital Inc. lifted its holdings in lululemon athletica by 12.1% in the first quarter. Trilogy Capital Inc. now owns 18,055 shares of the apparel retailer’s stock valued at $2,764,000 after acquiring an additional 1,956 shares during the last quarter. Pictet Asset Management Holding SA lifted its position in shares of lululemon athletica by 75.6% during the first quarter. Pictet Asset Management Holding SA now owns 108,710 shares of the apparel retailer’s stock worth $16,639,000 after purchasing an additional 46,792 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC purchased a new position in shares of lululemon athletica in the first quarter valued at approximately $205,000. GHP Investment Advisors Inc. boosted its stake in shares of lululemon athletica by 29.7% in the first quarter. GHP Investment Advisors Inc. now owns 2,749 shares of the apparel retailer’s stock valued at $421,000 after purchasing an additional 630 shares during the period. Finally, Louisiana State Employees Retirement System acquired a new position in shares of lululemon athletica in the first quarter valued at approximately $827,000. 85.20% of the stock is currently owned by institutional investors and hedge funds.

lululemon athletica Stock Down 1.3%

NASDAQ LULU opened at $113.62 on Thursday. lululemon athletica inc. has a 52 week low of $104.44 and a 52 week high of $241.84. The firm has a 50 day moving average of $121.94 and a two-hundred day moving average of $158.65. The stock has a market capitalization of $13.48 billion, a PE ratio of 9.17, a price-to-earnings-growth ratio of 3.72 and a beta of 0.88.

lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings data on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share for the quarter, beating analysts’ consensus estimates of $1.67 by $0.02. The business had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.44 billion. lululemon athletica had a net margin of 13.03% and a return on equity of 31.26%. The company’s revenue was up 4.3% on a year-over-year basis. During the same period last year, the business earned $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 research analysts expect that lululemon athletica inc. will post 11.08 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other lululemon athletica news, Director Charles V. Bergh purchased 4,275 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was bought at an average cost of $117.05 per share, with a total value of $500,388.75. Following 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.54% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. Truist Financial cut their target price on shares of lululemon athletica from $135.00 to $115.00 and set a “hold” rating on the stock in a research note on Friday, June 5th. Bank of America dropped their price target on shares of lululemon athletica from $175.00 to $140.00 and set a “neutral” rating for the company in a research note on Friday, June 5th. Deutsche Bank Aktiengesellschaft cut their price objective on lululemon athletica from $171.00 to $127.00 and set a “hold” rating on the stock in a research report on Monday, June 8th. Daiwa Securities Group reduced their price objective 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, Needham & Company LLC reiterated a “hold” rating on shares of lululemon athletica in a report on Friday, June 5th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twenty-five have issued a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat, lululemon athletica has an average rating of “Reduce” and a consensus target price of $149.35.

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.