Edgestream Partners L.P. boosted its position in shares of lululemon athletica inc. (NASDAQ:LULU – Free Report) by 124.3% during the 1st quarter, HoldingsChannel.com reports. The fund owned 52,511 shares of the apparel retailer’s stock after buying an additional 29,104 shares during the quarter. Edgestream Partners L.P.’s holdings in lululemon athletica were worth $8,039,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also recently added to or reduced their stakes in LULU. Swiss Life Asset Management Ltd raised its stake in lululemon athletica by 53.1% in the fourth quarter. Swiss Life Asset Management Ltd now owns 68,093 shares of the apparel retailer’s stock valued at $14,150,000 after buying an additional 23,623 shares during the period. Oppenheimer Asset Management Inc. lifted its position in shares of lululemon athletica by 46.6% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 25,594 shares of the apparel retailer’s stock valued at $5,319,000 after buying an additional 8,134 shares during the last quarter. Rayburn West Financial Services LLC bought a new position in shares of lululemon athletica during the 4th quarter worth approximately $3,536,000. Gateway Investment Advisers LLC boosted its stake in shares of lululemon athletica by 60.0% during the 4th quarter. Gateway Investment Advisers LLC now owns 45,062 shares of the apparel retailer’s stock worth $9,364,000 after acquiring an additional 16,901 shares during the period. Finally, MUFG Securities EMEA plc increased its holdings in shares of lululemon athletica by 9,695.1% during the 4th quarter. MUFG Securities EMEA plc now owns 204,424 shares of the apparel retailer’s stock worth $42,481,000 after acquiring an additional 202,337 shares during the last quarter. Institutional investors and hedge funds own 85.20% of the company’s stock.
Insider Buying and Selling at lululemon athletica
In other news, Director Charles V. Bergh bought 4,275 shares of the company’s stock in a transaction dated Monday, June 15th. The stock was bought at an average price of $117.05 per share, with a total value of $500,388.75. Following the completion of the acquisition, the director owned 10,365 shares of the company’s stock, valued at $1,213,223.25. This represents a 70.20% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 0.54% of the company’s stock.
lululemon athletica Trading Down 1.1%
lululemon athletica (NASDAQ:LULU – Get Free Report) last released its quarterly 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 return on equity of 31.26% and a net margin of 13.03%.The business had revenue of $2.47 billion during the quarter, compared to the consensus estimate of $2.44 billion. During the same period in the previous year, the company posted $2.60 EPS. The firm’s quarterly revenue 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. Analysts forecast that lululemon athletica inc. will post 10.94 EPS for the current year.
Analyst Upgrades and Downgrades
A number of research firms recently weighed in on LULU. Wells Fargo & Company dropped their price target on lululemon athletica from $110.00 to $105.00 and set an “equal weight” rating on the stock in a research note on Tuesday, July 21st. The Goldman Sachs Group reduced their price objective on shares of lululemon athletica from $177.00 to $122.00 and set a “neutral” rating for the company in a research report on Friday, June 5th. Needham & Company LLC reiterated a “hold” rating on shares of lululemon athletica in a report on Friday, June 5th. Barclays dropped their price objective on shares of lululemon athletica from $161.00 to $113.00 and set an “equal weight” rating on the stock in a research report on Friday, June 5th. Finally, BNP Paribas Exane cut shares of lululemon athletica from a “neutral” rating to an “underperform” rating and set a $88.00 target price for the company. in a research note on Friday, June 5th. 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 issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of $148.35.
Check Out Our Latest Analysis on LULU
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.
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