lululemon athletica inc. $LULU Stock: International Assets Investment Management LLC Boosts Position

International Assets Investment Management LLC increased its position in shares of lululemon athletica inc. (NASDAQ:LULU) by 489.7% during the 3rd quarter, Holdings Channel.com reports. The fund owned 23,000 shares of the apparel retailer’s stock after acquiring an additional 19,100 shares during the period. International Assets Investment Management LLC’s holdings in lululemon athletica were worth $2,212,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Gould Capital LLC acquired a new position in lululemon athletica in the 1st quarter valued at about $32,000. Cassaday & Co Wealth Management LLC acquired a new stake in shares of lululemon athletica during the first quarter worth about $38,000. Allied Private Wealth LLC acquired a new stake in shares of lululemon athletica during the second quarter worth about $34,000. Ancora Advisors LLC purchased a new position in shares of lululemon athletica in the second quarter valued at approximately $37,000. Finally, CX Institutional boosted its stake in shares of lululemon athletica by 381.3% in the second quarter. CX Institutional now owns 361 shares of the apparel retailer’s stock valued at $41,000 after purchasing an additional 286 shares during the period. 85.20% of the stock is currently owned by hedge funds and other institutional investors.

lululemon athletica Stock Up 0.6%

Shares of NASDAQ:LULU opened at $107.83 on Tuesday. The firm’s 50 day moving average price is $102.78 and its 200 day moving average price is $134.03. The stock has a market cap of $12.49 billion, a price-to-earnings ratio of 8.83, a price-to-earnings-growth ratio of 2.51 and a beta of 0.92. lululemon athletica inc. has a fifty-two week low of $90.38 and a fifty-two week high of $225.98.

lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings data on Thursday, September 3rd. The apparel retailer reported $2.92 earnings per share for the quarter, beating analysts’ consensus estimates of $1.79 by $1.13. The business had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.46 billion. lululemon athletica had a net margin of 12.78% and a return on equity of 27.69%. The company’s revenue was down 4.3% on a year-over-year basis. During the same period last year, the business earned $3.10 EPS. lululemon athletica has set its FY 2026 guidance at 9.480-9.730 EPS and its Q3 2026 guidance at 0.930-0.980 EPS. On average, equities analysts anticipate that lululemon athletica inc. will post 9.55 EPS for the current year.

Analyst Ratings Changes

A number of research analysts recently weighed in on LULU shares. Guggenheim restated a “neutral” rating on shares of lululemon athletica in a report on Friday, September 4th. Wells Fargo & Company reduced their target price on shares of lululemon athletica from $95.00 to $90.00 and set an “equal weight” rating on the stock in a report on Monday, October 19th. Telsey Advisory Group decreased their price target on shares of lululemon athletica from $122.00 to $110.00 and set a “market perform” rating for the company in a research report on Friday, September 4th. Citigroup decreased their price target on shares of lululemon athletica from $130.00 to $117.00 and set a “neutral” rating for the company in a research report on Wednesday, September 9th. Finally, BTIG Research restated a “neutral” rating on shares of lululemon athletica in a research note on Friday, September 4th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Hold rating and eight have assigned a Sell rating to the company. Based on data from MarketBeat.com, lululemon athletica currently has an average rating of “Reduce” and a consensus target price of $105.26.

lululemon athletica Company Profile

lululemon athletica inc. is a Vancouver, British Columbia-based designer, distributor and retailer of technical athletic apparel, footwear and accessories. The company serves consumers seeking products for yoga, running, training, fitness and other active lifestyles.

Its product portfolio includes women’s and men’s apparel, sports bras, leggings, tops, shorts, outerwear, footwear, bags and related accessories. lululemon sells its products through company-operated stores, e-commerce platforms and selected other channels, while also offering community-based fitness and wellness experiences connected to its brand.

Founded in 1998 by Chip Wilson, lululemon has expanded from its roots in yoga apparel into an international athletic and lifestyle brand.