Harel Insurance Investments & Financial Services Ltd. Raises Holdings in lululemon athletica inc. $LULU

Harel Insurance Investments & Financial Services Ltd. boosted its stake in lululemon athletica inc. (NASDAQ:LULU) by 941.7% during the 1st quarter, Holdings Channel reports. The institutional investor owned 8,823 shares of the apparel retailer’s stock after acquiring an additional 7,976 shares during the period. Harel Insurance Investments & Financial Services Ltd.’s holdings in lululemon athletica were worth $1,350,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the company. Geode Capital Management LLC lifted its stake in lululemon athletica by 2.4% during the 4th quarter. Geode Capital Management LLC now owns 3,049,911 shares of the apparel retailer’s stock worth $631,526,000 after acquiring an additional 71,464 shares in the last quarter. Invesco Ltd. grew its stake in shares of lululemon athletica by 28.7% during the third quarter. Invesco Ltd. now owns 2,200,552 shares of the apparel retailer’s stock worth $391,544,000 after purchasing an additional 490,127 shares in the last quarter. Morgan Stanley boosted its position in shares of lululemon athletica by 2.8% during the 4th quarter. Morgan Stanley now owns 2,197,158 shares of the apparel retailer’s stock worth $456,592,000 after acquiring an additional 59,282 shares in the last quarter. Norges Bank purchased a new position in lululemon athletica in the fourth quarter valued at approximately $362,598,000. Finally, Boston Partners acquired a new stake in lululemon athletica during the 4th quarter worth $304,875,000. 85.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Charles V. Bergh purchased 4,275 shares of the business’s stock in a transaction on Monday, June 15th. The shares were bought at an average price of $117.05 per share, with a total value of $500,388.75. Following the completion of the purchase, the director directly owned 10,365 shares in the company, valued at approximately $1,213,223.25. This trade represents a 70.20% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 0.54% of the company’s stock.

Analyst Upgrades and Downgrades

LULU has been the subject of a number of research reports. Citigroup reduced their price objective on lululemon athletica from $185.00 to $130.00 and set a “neutral” rating for the company in a research note on Tuesday, June 9th. Sanford C. Bernstein dropped their target price on lululemon athletica from $170.00 to $145.00 and set a “market perform” rating on the stock in a research report on Wednesday, June 3rd. Truist Financial decreased their price objective on shares of lululemon athletica from $135.00 to $115.00 and set a “hold” rating on the stock in a report on Friday, June 5th. The Goldman Sachs Group dropped their price target on lululemon athletica from $177.00 to $122.00 and set a “neutral” rating for the company in a research report on Friday, June 5th. Finally, UBS Group cut their price objective on lululemon athletica from $153.00 to $124.00 and set a “neutral” rating for the company in a research report on Sunday, June 7th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twenty-five have issued a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, lululemon athletica currently has an average rating of “Reduce” and an average price target of $149.35.

lululemon athletica Trading Up 0.1%

NASDAQ LULU opened at $117.42 on Thursday. The business’s 50-day moving average price is $120.15 and its 200 day moving average price is $155.38. lululemon athletica inc. has a twelve month low of $104.44 and a twelve month high of $233.75. The company has a market capitalization of $13.93 billion, a PE ratio of 9.48, a price-to-earnings-growth ratio of 3.80 and a beta of 0.88.

lululemon athletica (NASDAQ:LULU) last posted its quarterly earnings data on Thursday, June 4th. The apparel retailer reported $1.69 EPS for the quarter, beating analysts’ consensus estimates of $1.67 by $0.02. The company had revenue of $2.47 billion during 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 quarterly revenue was up 4.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.60 EPS. 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 analysts predict that lululemon athletica inc. will post 11.08 EPS for the current year.

About lululemon athletica

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.