CIBC Asset Management Inc Sells 10,034 Shares of lululemon athletica inc. $LULU

CIBC Asset Management Inc trimmed its holdings in shares of lululemon athletica inc. (NASDAQ:LULU) by 28.3% during the fourth quarter, HoldingsChannel reports. The firm owned 25,482 shares of the apparel retailer’s stock after selling 10,034 shares during the quarter. CIBC Asset Management Inc’s holdings in lululemon athletica were worth $5,295,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in LULU. Integrated Financial Solutions Inc. bought a new stake in lululemon athletica in the 4th quarter valued at about $26,000. GoalVest Advisory LLC purchased a new position in lululemon athletica during the 4th quarter valued at about $27,000. Elyxium Wealth LLC purchased a new position in lululemon athletica during the 4th quarter valued at about $31,000. Murphy & Mullick Capital Management Corp grew its holdings in shares of lululemon athletica by 187.5% during the third quarter. Murphy & Mullick Capital Management Corp now owns 161 shares of the apparel retailer’s stock worth $27,000 after purchasing an additional 105 shares in the last quarter. Finally, Aventura Private Wealth LLC purchased a new position in shares of lululemon athletica during the fourth quarter worth about $39,000. 85.20% of the stock is currently owned by institutional investors.

Key Stories Impacting lululemon athletica

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

• Positive Sentiment: lululemon posted first-quarter EPS of $1.69 and revenue of $2.47 billion, both slightly ahead of Wall Street estimates, showing the business is still generating profits and growing revenue overall.
• Positive Sentiment: Management said international growth remains a bright spot, with China and other overseas markets helping offset some of the weakness in North America.
• Neutral Sentiment: Several analysts reiterated neutral/hold views while cutting price targets, signaling that expectations have been reset but not all firms are calling for a deeper selloff.
• Neutral Sentiment: New commentary suggests valuation may now look more attractive after the sharp drop, but investors are waiting for proof that the turnaround is working.
• Negative Sentiment: lululemon cut its FY2026 revenue and profit guidance and issued weaker-than-expected Q2 guidance, citing ongoing headwinds, tariff costs, markdown pressure, and softer traffic.
• Negative Sentiment: Multiple brokerages lowered targets on LULU, including BofA, JPMorgan, Barclays, Wells Fargo, Piper Sandler, and others, with some downgrading the stock to hold/neutral or underperform.
• Negative Sentiment: Articles cited fading brand momentum, product misfires, and negative social/media commentary, reinforcing concerns that lululemon’s core U.S. business is losing steam ahead of the incoming CEO transition.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Piper Sandler cut their price objective on lululemon athletica from $130.00 to $110.00 and set a “neutral” rating for the company in a report on Friday. Sanford C. Bernstein lowered their price objective on lululemon athletica from $170.00 to $145.00 and set a “market perform” rating for the company in a research report on Wednesday. BofA decreased their target price on lululemon athletica from $175.00 to $140.00 and set a “neutral” rating for the company in a report on Friday. Citigroup decreased their target price on lululemon athletica from $210.00 to $185.00 and set a “neutral” rating for the company in a report on Monday, March 23rd. Finally, JPMorgan Chase & Co. decreased their price objective on lululemon athletica from $173.00 to $149.00 and set a “neutral” rating for the company in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twenty-nine have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $165.13.

Insider Transactions at lululemon athletica

In other news, insider Nicole Neuburger sold 622 shares of the firm’s stock in a transaction dated Wednesday, April 8th. The stock was sold at an average price of $161.00, for a total value of $100,142.00. Following the transaction, the insider owned 19,156 shares of the company’s stock, valued at $3,084,116. This trade represents a 3.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Andre Maestrini acquired 3,275 shares of the firm’s stock in a transaction dated Wednesday, April 1st. The stock was bought at an average cost of $151.02 per share, for a total transaction of $494,590.50. Following the purchase, the chief executive officer directly owned 34,551 shares of the company’s stock, valued at approximately $5,217,892.02. This trade represents a 10.47% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Corporate insiders own 0.54% of the company’s stock.

lululemon athletica Stock Performance

LULU stock opened at $114.23 on Friday. lululemon athletica inc. has a fifty-two week low of $109.36 and a fifty-two week high of $275.60. The business’s 50-day moving average is $141.19 and its two-hundred day moving average is $169.96. The company has a market cap of $13.79 billion, a price-to-earnings ratio of 9.22, a P/E/G ratio of 3.52 and a beta of 0.87.

lululemon athletica (NASDAQ:LULU) last posted its earnings results on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share for the quarter, beating analysts’ consensus estimates of $1.67 by $0.02. lululemon athletica had a return on equity of 31.61% and a net margin of 13.03%.The company had revenue of $2.47 billion for the quarter, compared to the consensus estimate of $2.44 billion. During the same quarter in the prior year, the company earned $2.60 earnings per share. lululemon athletica’s revenue was up 4.3% on a year-over-year basis. 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 12.35 earnings per share 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.