Mediolanum International Funds Ltd lessened its holdings in lululemon athletica inc. (NASDAQ:LULU – Free Report) by 18.3% during the 1st quarter, Holdings Channel.com reports. The firm owned 30,298 shares of the apparel retailer’s stock after selling 6,767 shares during the period. Mediolanum International Funds Ltd’s holdings in lululemon athletica were worth $4,418,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds also recently made changes to their positions in the company. NorthRock Partners LLC grew its position in lululemon athletica by 4.2% during the third quarter. NorthRock Partners LLC now owns 1,553 shares of the apparel retailer’s stock valued at $276,000 after buying an additional 62 shares during the period. Murphy & Mullick Capital Management Corp boosted its stake in shares of lululemon athletica by 4.3% during the 1st quarter. Murphy & Mullick Capital Management Corp now owns 1,578 shares of the apparel retailer’s stock worth $242,000 after acquiring an additional 65 shares during the last quarter. IHT Wealth Management LLC boosted its stake in shares of lululemon athletica by 1.7% during the 2nd quarter. IHT Wealth Management LLC now owns 4,276 shares of the apparel retailer’s stock worth $1,016,000 after acquiring an additional 73 shares during the last quarter. Capital Advisors Ltd. LLC grew its position in shares of lululemon athletica by 27.4% during the 4th quarter. Capital Advisors Ltd. LLC now owns 363 shares of the apparel retailer’s stock valued at $75,000 after acquiring an additional 78 shares during the period. Finally, GW&K Investment Management LLC grew its position in shares of lululemon athletica by 70.3% during the 4th quarter. GW&K Investment Management LLC now owns 189 shares of the apparel retailer’s stock valued at $39,000 after acquiring an additional 78 shares during the period. Hedge funds and other institutional investors own 85.20% of the company’s stock.
Insider Buying and Selling
In other lululemon athletica news, Director Charles V. Bergh purchased 4,275 shares of the stock in a transaction that occurred on Monday, June 15th. The shares were bought at an average cost of $117.05 per share, with a total value of $500,388.75. Following the acquisition, the director owned 10,365 shares in the company, valued at approximately $1,213,223.25. This trade represents a 70.20% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.54% of the company’s stock.
lululemon athletica Stock Performance
lululemon athletica (NASDAQ:LULU – Get Free Report) last announced its quarterly earnings data on Thursday, June 4th. The apparel retailer reported $1.69 EPS for the quarter, beating the consensus estimate of $1.67 by $0.02. The business had revenue of $2.47 billion for the quarter, compared to the consensus estimate of $2.44 billion. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.The business’s revenue was up 4.3% on a year-over-year basis. During the same period in the previous year, the business earned $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, sell-side analysts forecast that lululemon athletica inc. will post 10.94 EPS for the current fiscal year.
Analysts Set New Price Targets
LULU has been the topic of a number of recent research reports. BTIG Research cut lululemon athletica from a “buy” rating to a “neutral” rating in a report on Friday, June 5th. JPMorgan Chase & Co. cut their price target on lululemon athletica from $173.00 to $149.00 and set a “neutral” rating for the company in a report on Friday, June 5th. Freedom Capital upgraded lululemon athletica from a “strong sell” rating to a “hold” rating in a research report on Friday, June 5th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of lululemon athletica in a research note on Friday, June 26th. Finally, Barclays lowered their price objective on lululemon athletica from $161.00 to $113.00 and set an “equal weight” rating on the stock in a research report on Friday, June 5th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twenty-four have assigned a Hold rating and six have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and an average target price of $148.54.
View Our Latest Stock Report on lululemon athletica
lululemon athletica Company 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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