Empowered Funds LLC Grows Holdings in lululemon athletica inc. $LULU

Empowered Funds LLC lifted its stake in shares of lululemon athletica inc. (NASDAQ:LULU) by 2,184.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 66,876 shares of the apparel retailer’s stock after buying an additional 63,949 shares during the quarter. Empowered Funds LLC’s holdings in lululemon athletica were worth $10,239,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in LULU. Geode Capital Management LLC increased its position in shares of lululemon athletica by 2.4% in the 4th quarter. Geode Capital Management LLC now owns 3,049,911 shares of the apparel retailer’s stock worth $631,526,000 after purchasing an additional 71,464 shares during the last quarter. Invesco Ltd. raised its stake in shares of lululemon athletica by 28.7% in the 3rd quarter. Invesco Ltd. now owns 2,200,552 shares of the apparel retailer’s stock valued at $391,544,000 after purchasing an additional 490,127 shares in the last quarter. Morgan Stanley lifted its position in shares of lululemon athletica by 2.8% during the fourth quarter. Morgan Stanley now owns 2,197,158 shares of the apparel retailer’s stock worth $456,592,000 after purchasing an additional 59,282 shares during the last quarter. Norges Bank bought a new position in shares of lululemon athletica during the fourth quarter worth about $362,598,000. Finally, Boston Partners acquired a new position in lululemon athletica in the fourth quarter worth about $304,875,000. Institutional investors own 85.20% of the company’s stock.

Insider Activity

In related news, Director Charles V. Bergh purchased 4,275 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The shares were acquired at an average price of $117.05 per share, with a total value of $500,388.75. Following the acquisition, the director owned 10,365 shares in the company, valued at approximately $1,213,223.25. This trade represents a 70.20% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.54% of the company’s stock.

lululemon athletica Stock Up 0.4%

LULU opened at $119.47 on Friday. The firm has a market cap of $14.18 billion, a price-to-earnings ratio of 9.64, a price-to-earnings-growth ratio of 3.90 and a beta of 0.88. lululemon athletica inc. has a fifty-two week low of $104.44 and a fifty-two week high of $225.98. The company’s 50-day moving average price is $118.43 and its 200 day moving average price is $148.11.

lululemon athletica (NASDAQ:LULU) last issued its earnings results on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $2.47 billion for the quarter, compared to analysts’ expectations of $2.44 billion. During the same quarter last year, the company posted $2.60 earnings per share. lululemon athletica’s 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. Research analysts anticipate that lululemon athletica inc. will post 10.94 earnings per share for the current year.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Wells Fargo & Company lowered their price objective on lululemon athletica from $110.00 to $105.00 and set an “equal weight” rating for the company in a report on Tuesday, July 21st. Jefferies Financial Group reduced their target price on lululemon athletica from $145.00 to $115.00 and set a “hold” rating on the stock in a report on Friday, June 5th. Needham & Company LLC reiterated a “hold” rating on shares of lululemon athletica in a research report on Friday, June 5th. Weiss Ratings downgraded lululemon athletica from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, July 20th. Finally, Zacks Research lowered lululemon athletica from a “hold” rating to a “strong sell” rating in a research report on Wednesday, June 10th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twenty-four have issued a Hold rating and six have assigned a Sell rating to the company’s stock. According to data from MarketBeat, lululemon athletica presently has an average rating of “Reduce” and a consensus target price of $148.35.

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.