Cidel Asset Management Inc. Acquires Shares of 72,300 lululemon athletica inc. $LULU

Cidel Asset Management Inc. bought a new position in lululemon athletica inc. (NASDAQ:LULU) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 72,300 shares of the apparel retailer’s stock, valued at approximately $11,069,000. Cidel Asset Management Inc. owned 0.06% of lululemon athletica as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Uniplan Investment Counsel Inc. bought a new position in shares of lululemon athletica in the fourth quarter worth about $26,000. Integrated Financial Solutions Inc. bought a new stake in lululemon athletica during the 4th quarter valued at about $26,000. GoalVest Advisory LLC purchased a new stake in lululemon athletica in the 4th quarter valued at about $27,000. Elyxium Wealth LLC purchased a new stake in lululemon athletica in the 4th quarter valued at about $31,000. Finally, DV Equities LLC bought a new position in lululemon athletica in the 4th quarter worth about $31,000. 85.20% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently weighed in on LULU. BNP Paribas Exane downgraded shares of lululemon athletica from a “neutral” rating to an “underperform” rating and set a $88.00 price target for the company. in a research note on Friday, June 5th. Truist Financial decreased their target price on lululemon athletica from $135.00 to $115.00 and set a “hold” rating for the company in a research report on Friday, June 5th. Evercore lowered their target price on lululemon athletica from $175.00 to $130.00 in a report on Wednesday, June 3rd. Rothschild & Co Redburn dropped their price target on lululemon athletica from $160.00 to $110.00 and set a “sell” rating on the stock in a research report on Tuesday, June 16th. Finally, The Goldman Sachs Group dropped their price target on lululemon athletica from $177.00 to $122.00 and set a “neutral” rating on the stock in a research report on Friday, June 5th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twenty-six have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus target price of $152.88.

lululemon athletica Price Performance

Shares of NASDAQ LULU opened at $108.92 on Wednesday. lululemon athletica inc. has a 1-year low of $104.44 and a 1-year high of $252.24. The business has a fifty day moving average price of $131.48 and a 200 day moving average price of $164.89. The stock has a market capitalization of $12.93 billion, a P/E ratio of 8.79, a price-to-earnings-growth ratio of 3.39 and a beta of 0.88.

lululemon athletica (NASDAQ:LULU) last posted 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. The company had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.44 billion. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.The firm’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.60 earnings per share. 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. As a group, equities research analysts anticipate that lululemon athletica inc. will post 11.14 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Nicole Neuburger sold 622 shares of the business’s stock in a transaction that occurred on Wednesday, April 8th. The shares were sold at an average price of $161.00, for a total transaction of $100,142.00. Following the completion of the transaction, the insider owned 19,156 shares in the company, valued at $3,084,116. The trade was a 3.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Charles V. Bergh bought 4,275 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The shares were purchased at an average cost of $117.05 per share, with a total value of $500,388.75. Following the transaction, 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 ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 0.54% of the company’s stock.

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.