Ieq Capital LLC Acquires Shares of 9,066 lululemon athletica inc. $LULU

Ieq Capital LLC bought a new stake in lululemon athletica inc. (NASDAQ:LULUFree 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.

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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:LULUGet 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

(Free Report)

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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Institutional Ownership by Quarter for lululemon athletica (NASDAQ:LULU)

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