OMERS ADMINISTRATION Corp Buys 9,231 Shares of lululemon athletica inc. $LULU

OMERS ADMINISTRATION Corp boosted its stake in lululemon athletica inc. (NASDAQ:LULU) by 224.4% in the first quarter, HoldingsChannel reports. The institutional investor owned 13,344 shares of the apparel retailer’s stock after buying an additional 9,231 shares during the quarter. OMERS ADMINISTRATION Corp’s holdings in lululemon athletica were worth $2,043,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Waverly Advisors LLC purchased a new stake in shares of lululemon athletica in the first quarter valued at about $450,000. Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in lululemon athletica by 55.3% during the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 6,705 shares of the apparel retailer’s stock worth $1,027,000 after purchasing an additional 2,388 shares during the last quarter. Hilltop Holdings Inc. boosted its holdings in lululemon athletica by 51.4% during the first quarter. Hilltop Holdings Inc. now owns 2,202 shares of the apparel retailer’s stock worth $337,000 after purchasing an additional 748 shares during the last quarter. Public Employees Retirement System of Ohio grew its position in lululemon athletica by 0.8% in the 1st quarter. Public Employees Retirement System of Ohio now owns 31,510 shares of the apparel retailer’s stock worth $4,824,000 after purchasing an additional 262 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new stake in lululemon athletica in the 1st quarter worth about $11,013,000. 85.20% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on LULU shares. Jefferies Financial Group cut their target price on lululemon athletica from $145.00 to $115.00 and set a “hold” rating on the stock in a research note on Friday, June 5th. Citigroup cut their price objective on lululemon athletica from $185.00 to $130.00 and set a “neutral” rating on the stock in a research report on Tuesday, June 9th. Piper Sandler reduced their price objective on lululemon athletica from $130.00 to $110.00 and set a “neutral” rating for the company in a research note on Friday, June 5th. Barclays decreased their price objective on shares of lululemon athletica from $161.00 to $113.00 and set an “equal weight” rating for the company in a report on Friday, June 5th. Finally, Sanford C. Bernstein dropped their target price on shares of lululemon athletica from $170.00 to $145.00 and set a “market perform” rating on the stock in a research note on Wednesday, June 3rd. One 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 issued a Sell rating to the company’s stock. According to MarketBeat.com, lululemon athletica currently has a consensus rating of “Reduce” and an average target price of $148.35.

lululemon athletica Stock Up 2.1%

LULU opened at $120.32 on Wednesday. The firm has a 50-day moving average price of $118.70 and a 200-day moving average price of $149.36. lululemon athletica inc. has a twelve month low of $104.44 and a twelve month high of $225.98. The company has a market capitalization of $14.28 billion, a price-to-earnings ratio of 9.71, a PEG ratio of 3.86 and a beta of 0.88.

lululemon athletica (NASDAQ:LULU) last released its quarterly earnings data 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 the consensus estimate of $2.44 billion. During the same period last year, the firm earned $2.60 EPS. lululemon athletica’s revenue for the quarter 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. On average, sell-side analysts expect that lululemon athletica inc. will post 10.94 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Charles V. Bergh purchased 4,275 shares of the business’s stock in a transaction dated Monday, June 15th. The stock was purchased at an average cost of $117.05 per share, with a total value of $500,388.75. Following the completion of the acquisition, the director directly owned 10,365 shares of the company’s stock, valued at approximately $1,213,223.25. The trade was a 70.20% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. 0.54% of the stock is currently owned by corporate insiders.

About lululemon athletica

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.