California State Teachers Retirement System Has $1.96 Billion Stock Position in lululemon athletica inc. $LULU

California State Teachers Retirement System boosted its position in shares of lululemon athletica inc. (NASDAQ:LULU) by 10,065.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 17,180,893 shares of the apparel retailer’s stock after purchasing an additional 17,011,886 shares during the quarter. California State Teachers Retirement System owned about 0.14% of lululemon athletica worth $1,961,714,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in LULU. Uniplan Investment Counsel Inc. bought a new position in shares of lululemon athletica in the 4th quarter valued at about $26,000. Elyxium Wealth LLC bought a new stake in shares of lululemon athletica during the fourth quarter worth approximately $31,000. DV Equities LLC bought a new stake in shares of lululemon athletica during the fourth quarter worth approximately $31,000. GW&K Investment Management LLC lifted its holdings in lululemon athletica by 70.3% in the fourth quarter. GW&K Investment Management LLC now owns 189 shares of the apparel retailer’s stock valued at $39,000 after buying an additional 78 shares during the period. Finally, Rexford Capital Inc. bought a new position in lululemon athletica in the first quarter valued at approximately $31,000. 85.20% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have commented on LULU shares. Deutsche Bank Aktiengesellschaft lowered their target price on shares of lululemon athletica from $171.00 to $127.00 and set a “hold” rating for the company in a report on Monday, June 8th. Freedom Capital upgraded lululemon athletica from a “strong sell” rating to a “hold” rating in a research report on Friday, June 5th. Barclays reduced their price target on lululemon athletica from $113.00 to $95.00 and set an “equal weight” rating on the stock in a research report on Friday, September 4th. UBS Group dropped their price objective on lululemon athletica from $120.00 to $106.00 and set a “neutral” rating for the company in a report on Friday, September 4th. Finally, Stifel Nicolaus cut their target price on lululemon athletica from $134.00 to $100.00 and set a “hold” rating on the stock in a research note on Friday, September 4th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Hold rating and six have assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of $111.54.

lululemon athletica Stock Performance

Shares of NASDAQ:LULU opened at $98.97 on Friday. lululemon athletica inc. has a 52 week low of $95.67 and a 52 week high of $225.98. The company has a market capitalization of $11.74 billion, a PE ratio of 8.11, a PEG ratio of 2.47 and a beta of 0.87. The company has a 50 day moving average price of $116.77 and a two-hundred day moving average price of $133.51.

lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings results on Thursday, September 3rd. The apparel retailer reported $2.92 earnings per share for the quarter, topping analysts’ consensus estimates of $1.79 by $1.13. The company had revenue of $2.42 billion for the quarter, compared to analysts’ expectations of $2.46 billion. lululemon athletica had a net margin of 12.78% and a return on equity of 27.69%. The business’s quarterly revenue was down 4.3% compared to the same quarter last year. During the same period last year, the firm posted $3.10 earnings per share. 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, sell-side analysts forecast that lululemon athletica inc. will post 8.91 earnings per share for the current year.

lululemon athletica News Roundup

Here are the key news stories impacting lululemon athletica this week:

• Positive Sentiment: Investor Michael Burry described lululemon as a potential “generational buying opportunity” below $100, arguing that the market may be overreacting to the company’s recent weakness. Cramer and Burry on Lululemon
• Positive Sentiment: The stock’s low valuation and decline toward its 52-week low may be attracting contrarian investors, despite concerns about slowing sales.
• Neutral Sentiment: Multiple law firms announced investigations into potential securities-law violations related to lululemon’s growth outlook and business condition. The announcements are investor solicitations and do not establish wrongdoing. LULU investor investigation
• Negative Sentiment: Analyst sentiment deteriorated: BMO initiated coverage with an Underperform rating and a $70 target, while Citigroup lowered its expectations. Analysts cited weakening demand in North America and China, margin pressure, and uncertainty around fiscal 2027. Analyst downgrades
• Negative Sentiment: The key fundamental issue remains the reduced FY2026 revenue outlook of $10.35 billion to $10.50 billion, down approximately $650 million at the midpoint, with third-quarter revenue expected to decline 10% to 11%. Revenue also fell 4% year over year in the latest quarter. LULU outlook reduction

Insider Buying and Selling

In other lululemon athletica news, Director Charles Bergh acquired 4,275 shares of the company’s stock in a transaction that occurred on 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 owned 10,365 shares of the company’s stock, valued at $1,213,223.25. This represents a 70.20% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.54% of the company’s stock.

lululemon athletica Company Profile

lululemon athletica inc. is a designer, distributor and retailer of athletic apparel, footwear and accessories. The company’s products are developed for activities including yoga, running, training, tennis and other forms of exercise, as well as everyday use. Its offerings include leggings, tops, shorts, outerwear, footwear, bags and fitness accessories for women and men.

Founded in 1998 in Vancouver, British Columbia, lululemon began as a yoga-focused apparel company and has expanded into a broader performance and lifestyle brand.