lululemon athletica inc. $LULU Holdings Lifted by Principal Financial Group Inc.

Principal Financial Group Inc. boosted its holdings in shares of lululemon athletica inc. (NASDAQ:LULU) by 7.2% during the 1st quarter, Holdings Channel reports. The institutional investor owned 147,928 shares of the apparel retailer’s stock after buying an additional 9,891 shares during the period. Principal Financial Group Inc.’s holdings in lululemon athletica were worth $22,648,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC acquired a new stake in lululemon athletica during the 4th quarter worth about $429,000. NewEdge Advisors LLC increased its holdings in shares of lululemon athletica by 5.1% in the 1st quarter. NewEdge Advisors LLC now owns 3,848 shares of the apparel retailer’s stock valued at $1,089,000 after purchasing an additional 186 shares during the period. Glenview Trust co lifted its position in shares of lululemon athletica by 39.9% in the second quarter. Glenview Trust co now owns 996 shares of the apparel retailer’s stock worth $237,000 after purchasing an additional 284 shares in the last quarter. Diversify Advisory Services LLC purchased a new stake in shares of lululemon athletica in the second quarter worth approximately $508,000. Finally, Raymond James Financial Inc. lifted its position in shares of lululemon athletica by 10.7% in the second quarter. Raymond James Financial Inc. now owns 112,632 shares of the apparel retailer’s stock worth $26,759,000 after purchasing an additional 10,891 shares in the last quarter. 85.20% of the stock is owned by hedge funds and other institutional investors.

lululemon athletica Price Performance

Shares of NASDAQ:LULU opened at $116.63 on Wednesday. lululemon athletica inc. has a fifty-two week low of $104.44 and a fifty-two week high of $226.24. The business has a 50-day moving average of $119.19 and a two-hundred day moving average of $152.76. The stock has a market capitalization of $13.84 billion, a P/E ratio of 9.41, a P/E/G ratio of 3.82 and a beta of 0.88.

lululemon athletica (NASDAQ:LULU) last issued 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. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.The business had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.44 billion. During the same quarter in the prior year, the firm posted $2.60 EPS. The firm’s revenue for the quarter 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. As a group, research analysts expect that lululemon athletica inc. will post 10.94 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently commented on LULU shares. Needham & Company LLC reaffirmed a “hold” rating on shares of lululemon athletica in a research report on Friday, June 5th. Freedom Capital upgraded shares of lululemon athletica from a “strong sell” rating to a “hold” rating in a research report on Friday, June 5th. Zacks Research lowered shares of lululemon athletica from a “hold” rating to a “strong sell” rating in a research note on Wednesday, June 10th. Bank of America lowered their price target on shares of lululemon athletica from $175.00 to $140.00 and set a “neutral” rating on the stock in a report on Friday, June 5th. Finally, Barclays dropped their price target on shares of lululemon athletica from $161.00 to $113.00 and set an “equal weight” rating on the stock in a research note on Friday, June 5th. One analyst has rated the stock with a Strong Buy rating, one has given 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 stock currently has an average rating of “Reduce” and a consensus price target of $148.35.

Insider Transactions at lululemon athletica

In related news, Director Charles V. Bergh purchased 4,275 shares of the stock in a transaction on Monday, June 15th. The shares were bought at an average price of $117.05 per share, for a total transaction of $500,388.75. Following the completion of the acquisition, 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 purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.54% of the stock is owned by insiders.

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.