Chicago Partners Investment Group LLC Grows Position in lululemon athletica inc. $LULU

Chicago Partners Investment Group LLC lifted its position in lululemon athletica inc. (NASDAQ:LULUFree Report) by 201.8% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 6,953 shares of the apparel retailer’s stock after purchasing an additional 4,649 shares during the period. Chicago Partners Investment Group LLC’s holdings in lululemon athletica were worth $1,136,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in LULU. Swiss Life Asset Management Ltd increased its position in shares of lululemon athletica by 53.1% in the fourth quarter. Swiss Life Asset Management Ltd now owns 68,093 shares of the apparel retailer’s stock valued at $14,150,000 after acquiring an additional 23,623 shares during the period. Oppenheimer Asset Management Inc. boosted its holdings in shares of lululemon athletica by 46.6% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 25,594 shares of the apparel retailer’s stock worth $5,319,000 after purchasing an additional 8,134 shares during the period. Rayburn West Financial Services LLC bought a new stake in shares of lululemon athletica in the fourth quarter worth about $3,536,000. Gateway Investment Advisers LLC grew its stake in shares of lululemon athletica by 60.0% in the fourth quarter. Gateway Investment Advisers LLC now owns 45,062 shares of the apparel retailer’s stock worth $9,364,000 after purchasing an additional 16,901 shares during the last quarter. Finally, MUFG Securities EMEA plc increased its holdings in 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 valued at $42,481,000 after purchasing an additional 202,337 shares during the period. 85.20% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

LULU has been the subject of several research analyst reports. Jefferies Financial Group dropped their price objective on lululemon athletica from $145.00 to $115.00 and set a “hold” rating for the company in a report on Friday, June 5th. Bank of America reduced their target price on 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 decreased their target price on lululemon athletica from $135.00 to $115.00 and set a “hold” rating for the company in a report on Friday, June 5th. UBS Group dropped their price target on lululemon athletica from $153.00 to $124.00 and set a “neutral” rating for the company in a research note on Sunday, June 7th. Finally, Freedom Capital raised shares of lululemon athletica from a “strong sell” rating to a “hold” rating in a research report on Friday, June 5th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twenty-five have assigned a Hold rating and five have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus price target of $149.35.

Get Our Latest Stock Report on LULU

lululemon athletica Stock Performance

Shares of NASDAQ:LULU opened at $117.42 on Thursday. The firm has a market capitalization of $13.93 billion, a P/E ratio of 9.48, a P/E/G ratio of 3.80 and a beta of 0.88. The stock has a 50 day moving average price of $120.15 and a 200-day moving average price of $155.38. lululemon athletica inc. has a 52-week low of $104.44 and a 52-week high of $233.75.

lululemon athletica (NASDAQ:LULUGet Free Report) last released its quarterly earnings results on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share for the quarter, beating the consensus estimate of $1.67 by $0.02. The company had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.44 billion. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.The firm’s revenue was up 4.3% on a year-over-year basis. During the same period in the previous year, the company posted $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. On average, equities analysts forecast that lululemon athletica inc. will post 11.08 EPS for the current fiscal year.

Insider Activity at lululemon athletica

In other lululemon athletica news, Director Charles V. Bergh bought 4,275 shares of lululemon athletica stock in a transaction dated Monday, June 15th. The shares were purchased at an average cost of $117.05 per share, with a total value of $500,388.75. Following the transaction, the director directly owned 10,365 shares of the company’s stock, valued at $1,213,223.25. This represents a 70.20% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.54% of the company’s stock.

lululemon athletica Company 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.

Further Reading

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

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