California Public Employees Retirement System Decreases Stake in lululemon athletica inc. $LULU

California Public Employees Retirement System reduced its holdings in shares of lululemon athletica inc. (NASDAQ:LULU) by 22.9% during the first quarter, HoldingsChannel reports. The firm owned 144,965 shares of the apparel retailer’s stock after selling 43,061 shares during the period. California Public Employees Retirement System’s holdings in lululemon athletica were worth $22,194,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of LULU. Integrated Financial Solutions Inc. bought a new stake in lululemon athletica in the 4th quarter worth about $26,000. Uniplan Investment Counsel Inc. bought a new position in lululemon athletica during the 4th quarter valued at about $26,000. Elyxium Wealth LLC bought a new position in lululemon athletica during the 4th quarter valued at about $31,000. Rexford Capital Inc. purchased a new stake in shares of lululemon athletica during the 1st quarter valued at about $31,000. Finally, DV Equities LLC purchased a new stake in shares of lululemon athletica during the 4th quarter valued at about $31,000. 85.20% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other lululemon athletica news, Director Charles V. Bergh acquired 4,275 shares of the business’s 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 transaction, the director directly owned 10,365 shares in the company, valued at approximately $1,213,223.25. The trade was a 70.20% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.54% of the stock is currently owned by insiders.

lululemon athletica Stock Down 2.8%

Shares of NASDAQ:LULU opened at $113.37 on Thursday. The stock has a market capitalization of $13.45 billion, a PE ratio of 9.15, a price-to-earnings-growth ratio of 3.82 and a beta of 0.88. The firm’s 50 day moving average price is $119.04 and its 200-day moving average price is $152.10. lululemon athletica inc. has a twelve month low of $104.44 and a twelve month high of $226.24.

lululemon athletica (NASDAQ:LULU) last announced its earnings results on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to analyst estimates of $2.44 billion. During the same period in the previous year, the business posted $2.60 earnings per share. The firm’s quarterly revenue 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 expect that lululemon athletica inc. will post 10.94 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

LULU has been the subject of several research reports. Jefferies Financial Group decreased their price objective on shares of lululemon athletica from $145.00 to $115.00 and set a “hold” rating for the company in a report on Friday, June 5th. Robert W. Baird dropped their target price on shares of lululemon athletica from $170.00 to $140.00 and set a “neutral” rating on the stock in a report on Friday, June 5th. Zacks Research downgraded shares of lululemon athletica from a “hold” rating to a “strong sell” rating in a research report on Wednesday, June 10th. Needham & Company LLC reiterated a “hold” rating on shares of lululemon athletica in a research note on Friday, June 5th. Finally, Freedom Capital raised lululemon athletica from a “strong sell” rating to a “hold” rating in a report on Friday, June 5th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twenty-four have assigned a Hold rating and six have assigned a Sell rating to the company. According to data from MarketBeat.com, lululemon athletica currently has an average rating of “Reduce” and a consensus target price of $148.35.

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.