lululemon athletica inc. $LULU Shares Sold by Letko Brosseau & Associates Inc.

Letko Brosseau & Associates Inc. lowered its position in shares of lululemon athletica inc. (NASDAQ:LULU) by 8.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 176,638 shares of the apparel retailer’s stock after selling 16,996 shares during the period. Letko Brosseau & Associates Inc.’s holdings in lululemon athletica were worth $36,707,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of LULU. Norges Bank acquired a new position in shares of lululemon athletica during the fourth quarter worth $362,598,000. Vanguard Group Inc. grew its stake in shares of lululemon athletica by 3.9% during the third quarter. Vanguard Group Inc. now owns 13,782,917 shares of the apparel retailer’s stock worth $2,452,394,000 after purchasing an additional 521,915 shares in the last quarter. Invesco Ltd. grew its stake in shares of lululemon athletica by 28.7% during the third quarter. Invesco Ltd. now owns 2,200,552 shares of the apparel retailer’s stock worth $391,544,000 after purchasing an additional 490,127 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in shares of lululemon athletica by 77.3% during the fourth quarter. Goldman Sachs Group Inc. now owns 979,054 shares of the apparel retailer’s stock worth $203,457,000 after purchasing an additional 426,860 shares in the last quarter. Finally, Contrarius Group Holdings Ltd acquired a new position in shares of lululemon athletica during the fourth quarter worth $86,441,000. Institutional investors and hedge funds own 85.20% of the company’s stock.

Analyst Ratings Changes

LULU has been the subject of a number of analyst reports. Piper Sandler lowered their target price on shares of lululemon athletica from $130.00 to $110.00 and set a “neutral” rating for the company in a research note on Friday, June 5th. UBS Group reduced their price target on shares of lululemon athletica from $153.00 to $124.00 and set a “neutral” rating for the company in a research report on Sunday. Barclays reduced their price target on shares of lululemon athletica from $161.00 to $113.00 and set an “equal weight” rating for the company in a research report on Friday, June 5th. Citigroup reduced their price target on shares of lululemon athletica from $185.00 to $130.00 and set a “neutral” rating for the company in a research report on Tuesday. Finally, Sanford C. Bernstein reduced their price target on shares of lululemon athletica from $170.00 to $145.00 and set a “market perform” rating for the company in a research report on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twenty-eight have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $154.26.

Insider Activity

In other lululemon athletica news, Director Charles V. Bergh bought 6,090 shares of lululemon athletica stock in a transaction dated Friday, March 20th. The stock was acquired at an average cost of $164.20 per share, with a total value of $999,978.00. Following the completion of the acquisition, the director owned 6,090 shares of the company’s stock, valued at approximately $999,978. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Nicole Neuburger sold 622 shares of the company’s stock in a transaction dated 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 sale, the insider directly owned 19,156 shares of the company’s stock, valued at $3,084,116. The trade was a 3.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.54% of the company’s stock.

lululemon athletica News Summary

Here are the key news stories impacting lululemon athletica this week:

• Positive Sentiment: Michael Burry reportedly bought Lululemon despite the recent selloff, which may signal that some value investors see the stock as oversold. Michael Burry says two beaten-down stocks offer better value than Microsoft — buys Lululemon despite headwinds
• Neutral Sentiment: Two analysts cut price targets but kept neutral/hold views: Citigroup lowered its target to $130 from $185, and Daiwa cut its target to $120 from $173. The reductions reflect lower expectations, even though both targets still imply limited upside from recent levels.
• Neutral Sentiment: Articles on Lululemon’s international sales note that overseas revenue is becoming increasingly important to the company’s growth story, but also that investors are watching closely to see whether that expansion can offset softer demand in North America. Lululemon (LULU) Reliance on International Sales: What Investors Need to Know
• Neutral Sentiment: Lululemon’s board settled a proxy dispute with founder Chip Wilson and added new independent directors, a governance reset that may help long-term oversight but does not directly address the near-term business slowdown. Lululemon Governance Reset Tests Board Changes Against Slumping Share Performance
• Negative Sentiment: Recent coverage says Lululemon’s forecast cut is highlighting challenges for the incoming CEO, with softer demand and weaker product launches weighing on sentiment. Lululemon shares drop as forecast cut spotlights challenges for incoming CEO
• Negative Sentiment: Several stories frame LULU as underperforming the broader consumer discretionary sector and lagging peers like Gap, reinforcing worries that the brand is losing momentum. Lululemon Athletica stock: Is LULU underperforming the consumer discretionary sector?

lululemon athletica Stock Performance

Shares of NASDAQ:LULU opened at $121.36 on Wednesday. The company has a 50-day simple moving average of $140.03 and a 200-day simple moving average of $169.36. lululemon athletica inc. has a one year low of $109.36 and a one year high of $262.16. The stock has a market capitalization of $14.65 billion, a price-to-earnings ratio of 9.80, a PEG ratio of 3.88 and a beta of 0.87.

lululemon athletica (NASDAQ:LULU) last announced its earnings results on Thursday, June 4th. The apparel retailer reported $1.69 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 business had revenue of $2.47 billion during the quarter, compared to analysts’ expectations of $2.44 billion. During the same period in the prior year, the company earned $2.60 earnings per share. The business’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. As a group, research analysts forecast that lululemon athletica inc. will post 11.47 EPS for the current fiscal year.

lululemon athletica 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.