Te Ahumairangi Investment Management Ltd Takes $574,000 Position in lululemon athletica inc. $LULU

Te Ahumairangi Investment Management Ltd bought a new position in shares of lululemon athletica inc. (NASDAQ:LULU) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 5,030 shares of the apparel retailer’s stock, valued at approximately $574,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. BlackRock Inc. purchased a new stake in lululemon athletica during the 2nd quarter worth approximately $1,010,565,000. Flossbach Von Storch SE purchased a new stake in shares of lululemon athletica during the second quarter worth approximately $207,392,000. Norges Bank purchased a new stake in shares of lululemon athletica during the fourth quarter worth approximately $362,598,000. Boston Partners acquired a new position in lululemon athletica in the 4th quarter valued at $304,875,000. Finally, Barrow Hanley Mewhinney & Strauss LLC purchased a new position in lululemon athletica in the 2nd quarter valued at $82,551,000. 85.20% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other lululemon athletica 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 cost of $117.05 per share, for a total transaction of $500,388.75. Following the completion of the purchase, the director directly owned 10,365 shares of the company’s stock, valued at approximately $1,213,223.25. This trade represents a 70.20% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.54% of the stock is currently owned by corporate insiders.

lululemon athletica Stock Performance

Shares of LULU opened at $121.07 on Monday. The firm has a 50-day moving average price of $117.42 and a 200 day moving average price of $140.11. lululemon athletica inc. has a 12-month low of $104.44 and a 12-month high of $225.98. The firm has a market capitalization of $14.37 billion, a P/E ratio of 9.77, a P/E/G ratio of 3.97 and a beta of 0.86.

lululemon athletica (NASDAQ:LULU) last released its quarterly earnings results on Thursday, June 4th. The apparel retailer reported $1.69 EPS for the quarter, beating the consensus estimate of $1.67 by $0.02. lululemon athletica had a net margin of 13.03% and a return on equity of 31.26%. The firm had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.44 billion. During the same quarter in the previous year, the company earned $2.60 EPS. The business’s revenue for the quarter was up 4.3% compared to the same quarter last year. 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 research analysts predict that lululemon athletica inc. will post 10.93 earnings per share for the current fiscal year.

Analyst Ratings Changes

LULU has been the subject of a number of research reports. UBS Group dropped their target price on shares of lululemon athletica from $153.00 to $124.00 and set a “neutral” rating for the company in a report on Sunday, June 7th. Barclays decreased 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. Stifel Nicolaus dropped their price objective on shares of lululemon athletica from $176.00 to $134.00 and set a “hold” rating for the company in a research note on Friday, June 5th. Citigroup decreased their target price on shares of lululemon athletica from $185.00 to $130.00 and set a “neutral” rating on the stock in a research note on Tuesday, June 9th. Finally, Truist Financial cut lululemon athletica from a “hold” rating to a “sell” rating and lowered their target price for the stock from $115.00 to $94.00 in a report on Thursday, July 16th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twenty-five have assigned a Hold rating and five have given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Reduce” and a consensus target price of $148.54.

lululemon athletica 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.