Pine Valley Investments Ltd Liability Co grew its stake in lululemon athletica inc. (NASDAQ:LULU – Free Report) by 30.3% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 21,535 shares of the apparel retailer’s stock after acquiring an additional 5,005 shares during the period. Pine Valley Investments Ltd Liability Co’s holdings in lululemon athletica were worth $2,459,000 as of its most recent filing with the SEC.
Several other large investors have also recently made changes to their positions in LULU. Brighton Jones LLC acquired a new stake in lululemon athletica in the 4th quarter valued at approximately $429,000. NewEdge Advisors LLC raised its position in lululemon athletica by 5.1% in the first 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 stake in lululemon athletica by 39.9% during 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 acquired a new position in lululemon athletica during the second quarter worth $508,000. Finally, Raymond James Financial Inc. boosted its position in shares of lululemon athletica by 10.7% during the second quarter. Raymond James Financial Inc. now owns 112,632 shares of the apparel retailer’s stock worth $26,759,000 after buying an additional 10,891 shares during the period. 85.20% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity
In related news, Director Charles V. Bergh acquired 4,275 shares of the firm’s stock in a transaction dated Monday, June 15th. The stock was acquired at an average price of $117.05 per share, for a total transaction 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.54% of the company’s stock.
lululemon athletica Trading Down 1.1%
lululemon athletica (NASDAQ:LULU – Get Free Report) last released its earnings results on Thursday, June 4th. The apparel retailer reported $1.69 EPS for the quarter, topping 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 firm had revenue of $2.47 billion during the quarter, compared to analysts’ expectations of $2.44 billion. During the same period in the previous year, the firm posted $2.60 EPS. lululemon athletica’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. On average, equities analysts forecast that lululemon athletica inc. will post 10.93 EPS for the current fiscal year.
Analyst Ratings Changes
A number of equities research analysts have recently weighed in on the company. JPMorgan Chase & Co. lifted their price objective on lululemon athletica from $149.00 to $154.00 and gave the company a “neutral” rating in a research note on Tuesday, August 4th. Morgan Stanley reissued an “underweight” rating and set a $93.00 target price on shares of lululemon athletica in a research note on Monday, July 6th. Zacks Research cut lululemon athletica from a “hold” rating to a “strong sell” rating in a report on Wednesday, June 10th. Citigroup dropped their target price on lululemon athletica from $185.00 to $130.00 and set a “neutral” rating for the company in a research report on Tuesday, June 9th. Finally, UBS Group dropped their target price on lululemon athletica from $153.00 to $124.00 and set a “neutral” rating for the company in a research report on Sunday, June 7th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twenty-four have issued a Hold rating and six have issued a Sell rating to the company. Based on data from MarketBeat, lululemon athletica presently has a consensus rating of “Reduce” and an average target price of $148.54.
Read Our Latest Stock Analysis on LULU
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.
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