4,650 Shares in lululemon athletica inc. $LULU Bought by Steadtrust LLC

Steadtrust LLC bought a new stake in lululemon athletica inc. (NASDAQ:LULU) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 4,650 shares of the apparel retailer’s stock, valued at approximately $531,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in LULU. Allied Private Wealth LLC bought a new stake in lululemon athletica during the 2nd quarter worth about $34,000. Chemistry Wealth Management LLC acquired a new position in shares of lululemon athletica during the 2nd quarter worth about $361,000. Gradient Investments LLC grew its holdings in shares of lululemon athletica by 10.7% in the 2nd quarter. Gradient Investments LLC now owns 7,317 shares of the apparel retailer’s stock valued at $835,000 after acquiring an additional 705 shares in the last quarter. Rockland Trust Co. increased its position in shares of lululemon athletica by 13.2% in the second quarter. Rockland Trust Co. now owns 117,733 shares of the apparel retailer’s stock valued at $13,443,000 after acquiring an additional 13,733 shares during the last quarter. Finally, Bright Rock Capital Management LLC increased its position in shares of lululemon athletica by 100.0% in the second quarter. Bright Rock Capital Management LLC now owns 80,000 shares of the apparel retailer’s stock valued at $9,134,000 after acquiring an additional 40,000 shares during the last quarter. 85.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at lululemon athletica

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

Analyst Ratings Changes

Several research analysts recently commented on the company. Morgan Stanley reissued an “underweight” rating and set a $93.00 price target on shares of lululemon athletica in a research report on Monday, July 6th. Piper Sandler dropped their price objective on lululemon athletica from $130.00 to $110.00 and set a “neutral” rating on the stock in a research note on Friday, June 5th. Truist Financial downgraded lululemon athletica from a “hold” rating to a “sell” rating and cut their price objective for the company from $115.00 to $94.00 in a report on Thursday, July 16th. Rothschild & Co Redburn decreased their target price on shares of lululemon athletica from $160.00 to $110.00 and set a “sell” rating for the company in a research note on Tuesday, June 16th. Finally, Zacks Research downgraded shares of lululemon athletica from a “hold” rating to a “strong sell” rating in a report on Wednesday, June 10th. One 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 assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus target price of $148.54.

lululemon athletica Price Performance

LULU opened at $128.58 on Monday. lululemon athletica inc. has a 12-month low of $104.44 and a 12-month high of $225.98. The business has a 50 day moving average of $117.77 and a 200-day moving average of $144.66. The stock has a market cap of $15.26 billion, a price-to-earnings ratio of 10.38, a PEG ratio of 4.22 and a beta of 0.86.

lululemon athletica (NASDAQ:LULU) last posted its earnings results on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $2.44 billion. During the same period in the previous year, the firm earned $2.60 EPS. The firm’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, analysts expect that lululemon athletica inc. will post 10.93 earnings per share for the current 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.