VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of lululemon athletica inc. (NASDAQ:LULU – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 16,150 shares of the apparel retailer’s stock, valued at approximately $1,844,000.
Other institutional investors have also bought and sold shares of the company. California State Teachers Retirement System raised its stake in lululemon athletica by 10,065.8% during the second quarter. California State Teachers Retirement System now owns 17,180,893 shares of the apparel retailer’s stock worth $1,961,714,000 after acquiring an additional 17,011,886 shares in the last quarter. BlackRock Inc. bought a new stake in shares of lululemon athletica in the 2nd quarter worth about $1,010,565,000. Geode Capital Management LLC increased its position in shares of lululemon athletica by 2.4% during the 4th quarter. Geode Capital Management LLC now owns 3,049,911 shares of the apparel retailer’s stock worth $631,526,000 after purchasing an additional 71,464 shares in the last quarter. Invesco Ltd. lifted its holdings in lululemon athletica by 28.7% during the 3rd quarter. Invesco Ltd. now owns 2,200,552 shares of the apparel retailer’s stock valued at $391,544,000 after purchasing an additional 490,127 shares during the last quarter. Finally, Morgan Stanley boosted its position in lululemon athletica by 2.8% in the fourth quarter. Morgan Stanley now owns 2,197,158 shares of the apparel retailer’s stock valued at $456,592,000 after buying an additional 59,282 shares in the last quarter. Institutional investors and hedge funds own 85.20% of the company’s stock.
Trending Headlines about lululemon athletica
Here are the key news stories impacting lululemon athletica this week:
- Positive Sentiment: Investor Michael Burry described lululemon as a potential “generational buying opportunity” below $100, arguing that the market may be overreacting to the company’s recent weakness. Cramer and Burry on Lululemon
- Positive Sentiment: The stock’s low valuation and decline toward its 52-week low may be attracting contrarian investors, despite concerns about slowing sales.
- Neutral Sentiment: Multiple law firms announced investigations into potential securities-law violations related to lululemon’s growth outlook and business condition. The announcements are investor solicitations and do not establish wrongdoing. LULU investor investigation
- Negative Sentiment: Analyst sentiment deteriorated: BMO initiated coverage with an Underperform rating and a $70 target, while Citigroup lowered its expectations. Analysts cited weakening demand in North America and China, margin pressure, and uncertainty around fiscal 2027. Analyst downgrades
- Negative Sentiment: The key fundamental issue remains the reduced FY2026 revenue outlook of $10.35 billion to $10.50 billion, down approximately $650 million at the midpoint, with third-quarter revenue expected to decline 10% to 11%. Revenue also fell 4% year over year in the latest quarter. LULU outlook reduction
Analyst Ratings Changes
Check Out Our Latest Stock Report on LULU
Insider Buying and Selling
In other news, Director Charles Bergh acquired 4,275 shares of the firm’s stock in a transaction on Monday, June 15th. The shares were purchased at an average cost of $117.05 per share, for a total transaction of $500,388.75. Following the transaction, the director owned 10,365 shares of the company’s stock, valued at approximately $1,213,223.25. This represents a 70.20% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.54% of the company’s stock.
lululemon athletica Trading Up 2.2%
Shares of NASDAQ LULU opened at $98.97 on Friday. lululemon athletica inc. has a 1-year low of $95.67 and a 1-year high of $225.98. The company has a 50-day moving average of $116.77 and a two-hundred day moving average of $133.51. The company has a market cap of $11.74 billion, a PE ratio of 8.11, a P/E/G ratio of 2.47 and a beta of 0.87.
lululemon athletica (NASDAQ:LULU – Get Free Report) last released its quarterly earnings results on Thursday, September 3rd. The apparel retailer reported $2.92 EPS for the quarter, beating the consensus estimate of $1.79 by $1.13. The business had revenue of $2.42 billion for the quarter, compared to analysts’ expectations of $2.46 billion. lululemon athletica had a net margin of 12.78% and a return on equity of 27.69%. lululemon athletica’s revenue was down 4.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.10 earnings per share. lululemon athletica has set its FY 2026 guidance at 9.480-9.730 EPS and its Q3 2026 guidance at 0.930-0.980 EPS. As a group, equities research analysts forecast that lululemon athletica inc. will post 8.91 earnings per share for the current year.
lululemon athletica Company Profile
lululemon athletica inc. is a designer, distributor and retailer of athletic apparel, footwear and accessories. The company’s products are developed for activities including yoga, running, training, tennis and other forms of exercise, as well as everyday use. Its offerings include leggings, tops, shorts, outerwear, footwear, bags and fitness accessories for women and men.
Founded in 1998 in Vancouver, British Columbia, lululemon began as a yoga-focused apparel company and has expanded into a broader performance and lifestyle brand.
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