Mizuho Markets Americas LLC Sells 25,494 Shares of lululemon athletica inc. $LULU

Mizuho Markets Americas LLC lowered its stake in shares of lululemon athletica inc. (NASDAQ:LULU) by 92.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,021 shares of the apparel retailer’s stock after selling 25,494 shares during the quarter. Mizuho Markets Americas LLC’s holdings in lululemon athletica were worth $231,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Swiss Life Asset Management Ltd grew its stake in lululemon athletica by 53.1% during the fourth quarter. Swiss Life Asset Management Ltd now owns 68,093 shares of the apparel retailer’s stock worth $14,150,000 after buying an additional 23,623 shares in the last quarter. Oppenheimer Asset Management Inc. increased its holdings in lululemon athletica by 46.6% in the 4th 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 period. Rayburn West Financial Services LLC acquired a new position in shares of lululemon athletica in the 4th quarter valued at approximately $3,536,000. Gateway Investment Advisers LLC raised its position in shares of lululemon athletica by 60.0% in the 4th quarter. Gateway Investment Advisers LLC now owns 45,062 shares of the apparel retailer’s stock valued at $9,364,000 after buying an additional 16,901 shares in the last quarter. Finally, MUFG Securities EMEA plc lifted 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 period. Institutional investors own 85.20% of the company’s stock.

Insider Activity

In other news, Director Charles V. Bergh purchased 4,275 shares of the company’s stock in a transaction dated Monday, June 15th. The stock was bought at an average cost of $117.05 per share, for a total transaction of $500,388.75. Following the purchase, the director 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 filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.54% of the company’s stock.

lululemon athletica Trading Down 1.1%

Shares of lululemon athletica stock opened at $119.56 on Friday. The firm has a market capitalization of $14.19 billion, a PE ratio of 9.65, a price-to-earnings-growth ratio of 3.96 and a beta of 0.86. The firm’s 50 day moving average is $117.46 and its 200 day moving average is $142.76. lululemon athletica inc. has a 1 year low of $104.44 and a 1 year high of $225.98.

lululemon athletica (NASDAQ:LULU) last released its quarterly earnings data 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 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 EPS. The firm’s quarterly 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 anticipate that lululemon athletica inc. will post 10.93 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on LULU shares. Truist Financial lowered shares of lululemon athletica from a “hold” rating to a “sell” rating and reduced their price target for the stock from $115.00 to $94.00 in a research report on Thursday, July 16th. Stifel Nicolaus lowered their price objective on shares of lululemon athletica from $176.00 to $134.00 and set a “hold” rating for the company in a research report on Friday, June 5th. BNP Paribas Exane cut 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. Citigroup reduced their target price on lululemon athletica from $185.00 to $130.00 and set a “neutral” rating on the stock in a report on Tuesday, June 9th. Finally, Robert W. Baird decreased their price target on lululemon athletica from $170.00 to $140.00 and set a “neutral” rating on the stock in a research note on Friday, June 5th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twenty-four have assigned a Hold rating and six have issued a Sell rating to the company. According to data from MarketBeat, lululemon athletica presently has a consensus rating of “Reduce” and a consensus price target of $148.54.

lululemon athletica Company 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.