Eastern Bank Trims Stock Position in lululemon athletica inc. $LULU

Posted by Francis Steltz on Aug 7th, 2026

Eastern Bank lessened its holdings in shares of lululemon athletica inc. (NASDAQ:LULU – Free Report) by 98.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 430 shares of the apparel retailer’s stock after selling 31,875 shares during the period. Eastern Bank’s holdings in lululemon athletica were worth $49,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Integrated Financial Solutions Inc. acquired a new stake in lululemon athletica during the 4th quarter worth about $26,000. Uniplan Investment Counsel Inc. acquired a new position in shares of lululemon athletica in the 4th quarter valued at about $26,000. Elyxium Wealth LLC acquired a new position in shares of lululemon athletica in the 4th quarter valued at about $31,000. Rexford Capital Inc. purchased a new stake in shares of lululemon athletica in the first quarter worth about $31,000. Finally, DV Equities LLC purchased a new stake in shares of lululemon athletica in the fourth quarter worth about $31,000. 85.20% of the stock is currently owned by institutional investors and hedge funds.

lululemon athletica Trading Up 1.0%

NASDAQ LULU opened at $124.73 on Friday. The stock has a market capitalization of $14.80 billion, a price-to-earnings ratio of 10.07, a PEG ratio of 4.05 and a beta of 0.86. The stock has a 50-day moving average of $117.83 and a 200 day moving average of $145.18. lululemon athletica inc. has a twelve month low of $104.44 and a twelve month high of $225.98.

lululemon athletica (NASDAQ:LULU – Get Free Report) last issued 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. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.The company had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.44 billion. During the same period last year, the company earned $2.60 earnings per share. lululemon athletica’s quarterly revenue 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 analysts predict that lululemon athletica inc. will post 10.94 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on LULU. Morgan Stanley reiterated an “underweight” rating and set a $93.00 price target on shares of lululemon athletica in a research report on Monday, July 6th. Truist Financial cut shares of lululemon athletica from a “hold” rating to a “sell” rating and dropped their price objective for the stock from $115.00 to $94.00 in a research note on Thursday, July 16th. Wells Fargo & Company cut their target price on shares of lululemon athletica from $110.00 to $105.00 and set an “equal weight” rating for the company in a report on Tuesday, July 21st. Citigroup decreased their target price on shares of lululemon athletica from $185.00 to $130.00 and set a “neutral” rating for the company in a research note on Tuesday, June 9th. Finally, Jefferies Financial Group lowered their price target on shares of lululemon athletica from $145.00 to $115.00 and set a “hold” rating on the stock in a report on Friday, June 5th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twenty-four have issued a Hold rating and six have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and an average price target of $148.54.

Check Out Our Latest Analysis on lululemon athletica

Insider Activity

In other lululemon athletica news, Director Charles V. Bergh bought 4,275 shares of the firm’s stock in a transaction dated Monday, June 15th. The shares were purchased at an average price of $117.05 per share, for a total transaction of $500,388.75. Following the transaction, the director directly owned 10,365 shares of the company’s stock, valued at approximately $1,213,223.25. This represents a 70.20% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.54% of the stock is owned by company insiders.

About lululemon athletica

(Free Report)

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.