Andra AP fonden bought a new stake in shares of lululemon athletica inc. (NASDAQ:LULU – Free Report) in the 1st quarter, Holdings Channel reports. The firm bought 10,300 shares of the apparel retailer’s stock, valued at approximately $1,577,000.
A number of other hedge funds have also recently modified their holdings of the business. Integrated Financial Solutions Inc. bought a new stake in shares of lululemon athletica during the 4th quarter worth approximately $26,000. Uniplan Investment Counsel Inc. bought a new stake in shares of lululemon athletica during the fourth quarter worth $26,000. Elyxium Wealth LLC bought a new stake in shares of lululemon athletica during the fourth quarter worth $31,000. DV Equities LLC purchased a new stake in shares of lululemon athletica during the fourth quarter valued at $31,000. Finally, Rexford Capital Inc. purchased a new stake in shares of lululemon athletica during the first quarter valued at $31,000. Institutional investors own 85.20% of the company’s stock.
Analyst Ratings Changes
A number of equities research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of lululemon athletica from $171.00 to $127.00 and set a “hold” rating for the company in a report on Monday, June 8th. Citigroup lowered their target price on lululemon athletica from $185.00 to $130.00 and set a “neutral” rating for the company in a report on Tuesday, June 9th. BTIG Research downgraded lululemon athletica from a “buy” rating to a “neutral” rating in a research report on Friday, June 5th. Robert W. Baird cut their price target on lululemon athletica from $170.00 to $140.00 and set a “neutral” rating on the stock in a research note on Friday, June 5th. Finally, Rothschild & Co Redburn dropped their price objective 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. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twenty-four have issued a Hold rating and six have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and a consensus price target of $148.35.
Insider Buying and Selling at lululemon athletica
In other news, Director Charles V. Bergh bought 4,275 shares of the firm’s stock in a transaction on Monday, June 15th. The shares were bought at an average cost of $117.05 per share, for a total transaction of $500,388.75. Following the acquisition, the director directly owned 10,365 shares of the company’s stock, valued at $1,213,223.25. This trade represents a 70.20% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 0.54% of the company’s stock.
lululemon athletica Trading Down 2.4%
Shares of LULU stock opened at $110.63 on Friday. lululemon athletica inc. has a 12-month low of $104.44 and a 12-month high of $225.98. The company has a market capitalization of $13.13 billion, a P/E ratio of 8.93, a P/E/G ratio of 3.71 and a beta of 0.88. The business’s 50 day moving average is $118.83 and its two-hundred day moving average is $151.39.
lululemon athletica (NASDAQ:LULU – Get Free Report) last issued its quarterly earnings results on Thursday, June 4th. The apparel retailer reported $1.69 EPS 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 during the quarter, compared to analyst estimates of $2.44 billion. During the same quarter in the previous year, the firm earned $2.60 EPS. The firm’s 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. On average, research analysts predict that lululemon athletica inc. will post 10.94 earnings per share for the current fiscal 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.
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