OVERSEA CHINESE BANKING Corp Ltd Takes $1.85 Million Position in lululemon athletica inc. $LULU

OVERSEA CHINESE BANKING Corp Ltd bought a new stake in shares of lululemon athletica inc. (NASDAQ:LULU) during the second quarter, Holdings Channel reports. The institutional investor bought 15,775 shares of the apparel retailer’s stock, valued at approximately $1,855,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. NorthRock Partners LLC raised its stake in lululemon athletica by 4.2% during the 3rd quarter. NorthRock Partners LLC now owns 1,553 shares of the apparel retailer’s stock worth $276,000 after buying an additional 62 shares during the period. Murphy & Mullick Capital Management Corp boosted its holdings in lululemon athletica by 4.3% in the first quarter. Murphy & Mullick Capital Management Corp now owns 1,578 shares of the apparel retailer’s stock worth $242,000 after acquiring an additional 65 shares in the last quarter. IHT Wealth Management LLC grew its stake in lululemon athletica by 1.7% in the second quarter. IHT Wealth Management LLC now owns 4,276 shares of the apparel retailer’s stock valued at $1,016,000 after acquiring an additional 73 shares during the period. GW&K Investment Management LLC grew its stake in lululemon athletica by 70.3% in the fourth quarter. GW&K Investment Management LLC now owns 189 shares of the apparel retailer’s stock valued at $39,000 after acquiring an additional 78 shares during the period. Finally, Golden State Wealth Management LLC grew its stake in lululemon athletica by 43.6% in the fourth quarter. Golden State Wealth Management LLC now owns 280 shares of the apparel retailer’s stock valued at $58,000 after acquiring an additional 85 shares during the period. 85.20% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Telsey Advisory Group lowered their target price on lululemon athletica from $175.00 to $122.00 and set a “market perform” rating on the stock in a research report on Friday, June 5th. Citigroup lowered their price objective on shares of lululemon athletica from $185.00 to $130.00 and set a “neutral” rating on the stock in a report on Tuesday, June 9th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of lululemon athletica from $171.00 to $127.00 and set a “hold” rating for the company in a report on Monday, June 8th. Stifel Nicolaus decreased their target price 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. Finally, BNP Paribas Exane cut shares of lululemon athletica from a “neutral” rating to an “underperform” rating and set a $88.00 price target on the stock. in a research report on Friday, June 5th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twenty-four have assigned a Hold rating and six have issued a Sell rating to the stock. According to data from MarketBeat.com, lululemon athletica currently has a consensus rating of “Reduce” and a consensus price target of $148.54.

Insider Activity

In other lululemon athletica news, Director Charles V. Bergh purchased 4,275 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The shares were 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 $1,213,223.25. This represents a 70.20% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.54% of the stock is currently owned by company insiders.

lululemon athletica Stock Performance

Shares of LULU opened at $115.69 on Friday. lululemon athletica inc. has a fifty-two week low of $104.44 and a fifty-two week high of $225.98. The business has a 50-day moving average of $117.37 and a 200 day moving average of $140.52. The firm has a market cap of $13.73 billion, a P/E ratio of 9.34, a price-to-earnings-growth ratio of 3.92 and a beta of 0.86.

lululemon athletica (NASDAQ:LULU) last released its quarterly earnings data on Thursday, June 4th. The apparel retailer reported $1.69 EPS for the quarter, beating the consensus estimate of $1.67 by $0.02. The business had revenue of $2.47 billion for the quarter, compared to the consensus estimate of $2.44 billion. lululemon athletica had a net margin of 13.03% and a return on equity of 31.26%. The company’s revenue was up 4.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.60 earnings per share. 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 predict that lululemon athletica inc. will post 10.93 earnings per share for the current fiscal 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.