Ieq Capital LLC bought a new stake in lululemon athletica inc. (NASDAQ:LULU – Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 9,066 shares of the apparel retailer’s stock, valued at approximately $1,035,000.
Several other hedge funds have also made changes to their positions in LULU. Uniplan Investment Counsel Inc. acquired a new position in lululemon athletica in the 4th quarter valued at about $26,000. Elyxium Wealth LLC acquired a new stake in lululemon athletica during the 4th quarter worth approximately $31,000. Rexford Capital Inc. acquired a new stake in lululemon athletica during the 1st quarter worth approximately $31,000. DV Equities LLC purchased a new position in shares of lululemon athletica in the 4th quarter valued at approximately $31,000. Finally, Gould Capital LLC purchased a new position in shares of lululemon athletica in the 1st quarter valued at approximately $32,000. Institutional investors and hedge funds own 85.20% of the company’s stock.
More lululemon athletica News
Here are the key news stories impacting lululemon athletica this week:
- Positive Sentiment: UBS expects Lululemon to potentially exceed second-quarter earnings expectations, supported by cost controls and share repurchases. The company is scheduled to report results on September 3. Lululemon Athletica Set to Top Second Quarter Earnings Expectations on Cost Control, Share Repurchases, UBS Says
- Positive Sentiment: Recent analyst commentary suggests LULU could benefit from disciplined expense management and buybacks even if revenue growth remains subdued. The company’s latest reported quarter also exceeded consensus estimates for revenue and earnings. Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies
- Neutral Sentiment: Analyst sentiment is mixed ahead of the earnings release. UBS maintains a neutral view, while other coverage is focused on whether Lululemon can stabilize growth in its largest markets. Should You Buy Lululemon Stock Before Sept. 3?
- Negative Sentiment: UBS warned that Lululemon may reduce its fiscal 2026 earnings outlook because of weaker-than-expected sales in the U.S. and China. The firm reportedly expects a reduction of approximately $1.25 per share, raising concerns about the company’s longer-term growth trajectory. Lululemon May Cut Annual Earnings Outlook Amid Weak US, China Sales, Warns UBS
- Negative Sentiment: UBS lowered its LULU price target from $124 to $120 and kept a neutral rating, reflecting limited expected upside and persistent demand concerns. UBS Lowers Lululemon Price Target
Analysts Set New Price Targets
Several equities research analysts have recently commented on LULU shares. Rothschild & Co Redburn cut their price target on lululemon athletica from $160.00 to $110.00 and set a “sell” rating for the company in a research note on Tuesday, June 16th. JPMorgan Chase & Co. lifted their price objective on shares of lululemon athletica from $149.00 to $154.00 and gave the company a “neutral” rating in a research report on Tuesday, August 4th. Bank of America dropped their price objective on shares of lululemon athletica from $175.00 to $140.00 and set a “neutral” rating on the stock in a research note on Friday, June 5th. Truist Financial downgraded shares of lululemon athletica from a “hold” rating to a “sell” rating and cut their price objective for the stock from $115.00 to $94.00 in a research report on Thursday, July 16th. Finally, Zacks Research upgraded shares of lululemon athletica from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 19th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twenty-five have given a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat, lululemon athletica presently has a consensus rating of “Reduce” and an average price target of $148.38.
Get Our Latest Report on lululemon athletica
Insider Activity
In other news, Director Charles V. Bergh purchased 4,275 shares of the firm’s stock in a transaction dated 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 purchase, the director directly owned 10,365 shares of the company’s stock, valued at $1,213,223.25. The trade was a 70.20% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.54% of the company’s stock.
lululemon athletica Price Performance
Shares of LULU stock opened at $116.35 on Thursday. lululemon athletica inc. has a 1-year low of $104.44 and a 1-year high of $225.98. The business’s fifty day moving average price is $117.70 and its 200 day moving average price is $138.97. The firm has a market capitalization of $13.81 billion, a PE ratio of 9.39, a P/E/G ratio of 3.88 and a beta of 0.86.
lululemon athletica (NASDAQ:LULU – Get Free Report) last posted its quarterly 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 net margin of 13.03% and a return on equity of 31.26%. The business had revenue of $2.47 billion for the quarter, compared to analysts’ expectations of $2.44 billion. During the same period in the prior year, the company posted $2.60 EPS. The business’s revenue for the quarter 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. Equities research analysts expect 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.
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