Fifth Third Bancorp Increases Stock Position in lululemon athletica inc. $LULU

Fifth Third Bancorp raised its holdings in lululemon athletica inc. (NASDAQ:LULU) by 221.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 16,316 shares of the apparel retailer’s stock after purchasing an additional 11,237 shares during the period. Fifth Third Bancorp’s holdings in lululemon athletica were worth $2,498,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. NorthRock Partners LLC grew its stake in lululemon athletica by 4.2% in the 3rd quarter. NorthRock Partners LLC now owns 1,553 shares of the apparel retailer’s stock valued at $276,000 after acquiring an additional 62 shares during the period. Murphy & Mullick Capital Management Corp lifted its holdings in lululemon athletica by 4.3% during the first quarter. Murphy & Mullick Capital Management Corp now owns 1,578 shares of the apparel retailer’s stock valued at $242,000 after purchasing an additional 65 shares in the last quarter. IHT Wealth Management LLC grew its position in shares of lululemon athletica by 1.7% in the second quarter. IHT Wealth Management LLC now owns 4,276 shares of the apparel retailer’s stock valued at $1,016,000 after purchasing an additional 73 shares during the period. Capital Advisors Ltd. LLC grew its position in shares of lululemon athletica by 27.4% in the fourth quarter. Capital Advisors Ltd. LLC now owns 363 shares of the apparel retailer’s stock valued at $75,000 after purchasing an additional 78 shares during the period. Finally, GW&K Investment Management LLC increased its stake in shares of lululemon athletica by 70.3% during the fourth quarter. GW&K Investment Management LLC now owns 189 shares of the apparel retailer’s stock worth $39,000 after purchasing an additional 78 shares in the last quarter. 85.20% of the stock is owned by institutional investors and hedge funds.

lululemon athletica Stock Down 0.0%

NASDAQ LULU opened at $116.63 on Wednesday. lululemon athletica inc. has a 52 week low of $104.44 and a 52 week high of $226.24. The business’s fifty day simple moving average is $119.19 and its 200-day simple moving average is $152.76. The firm has a market cap of $13.84 billion, a PE ratio of 9.41, a P/E/G ratio of 3.82 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 (EPS) for the quarter, beating analysts’ consensus estimates of $1.67 by $0.02. lululemon athletica had a net margin of 13.03% and a return on equity of 31.26%. The firm had revenue of $2.47 billion during the quarter, compared to analyst estimates of $2.44 billion. During the same quarter in the prior year, the firm posted $2.60 earnings per share. lululemon athletica’s quarterly 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. Research analysts expect that lululemon athletica inc. will post 10.94 EPS for the current year.

Wall Street Analyst Weigh In

LULU has been the topic of a number of research reports. Rothschild & Co Redburn decreased their price target on shares of lululemon athletica from $160.00 to $110.00 and set a “sell” rating on the stock in a research note on Tuesday, June 16th. UBS Group reduced their target price on lululemon athletica from $153.00 to $124.00 and set a “neutral” rating for the company in a report on Sunday, June 7th. JPMorgan Chase & Co. lowered their price target on lululemon athletica from $173.00 to $149.00 and set a “neutral” rating on the stock in a research note on Friday, June 5th. Wells Fargo & Company dropped their price target on lululemon athletica from $110.00 to $105.00 and set an “equal weight” rating for the company in a research report on Tuesday. Finally, BNP Paribas Exane downgraded lululemon athletica from a “neutral” rating to an “underperform” rating and set a $88.00 price objective for the company. in a research note on Friday, June 5th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twenty-four have given a Hold rating and six have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus price target of $148.35.

Insider Activity

In other news, Director Charles V. Bergh purchased 4,275 shares of lululemon athletica stock in a transaction dated Monday, June 15th. The shares were purchased at an average price of $117.05 per share, with a total value of $500,388.75. Following the transaction, the director owned 10,365 shares in the company, valued at $1,213,223.25. This represents a 70.20% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.54% of the stock is owned by corporate insiders.

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.