Independent Financial Group LLC bought a new position in shares of lululemon athletica inc. (NASDAQ:LULU – Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 5,160 shares of the apparel retailer’s stock, valued at approximately $790,000.
A number of other large investors have also made changes to their positions in LULU. NorthRock Partners LLC increased its holdings in shares of lululemon athletica by 4.2% in the third quarter. NorthRock Partners LLC now owns 1,553 shares of the apparel retailer’s stock valued at $276,000 after purchasing an additional 62 shares during the last quarter. Murphy & Mullick Capital Management Corp boosted its stake in lululemon athletica by 4.3% during the first quarter. Murphy & Mullick Capital Management Corp now owns 1,578 shares of the apparel retailer’s stock worth $242,000 after buying an additional 65 shares during the last quarter. IHT Wealth Management LLC grew its holdings in lululemon athletica by 1.7% in the 2nd quarter. IHT Wealth Management LLC now owns 4,276 shares of the apparel retailer’s stock valued at $1,016,000 after buying an additional 73 shares in the last quarter. Capital Advisors Ltd. LLC increased its stake in shares of lululemon athletica by 27.4% in the 4th quarter. Capital Advisors Ltd. LLC now owns 363 shares of the apparel retailer’s stock worth $75,000 after acquiring an additional 78 shares during the last quarter. Finally, GW&K Investment Management LLC raised its holdings in shares of lululemon athletica by 70.3% during the 4th quarter. GW&K Investment Management LLC now owns 189 shares of the apparel retailer’s stock worth $39,000 after acquiring an additional 78 shares during the period. 85.20% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of brokerages have recently issued reports on LULU. Rothschild & Co Redburn cut their price target on shares of lululemon athletica from $160.00 to $110.00 and set a “sell” rating for the company in a report on Tuesday, June 16th. BNP Paribas Exane cut lululemon athletica from a “neutral” rating to an “underperform” rating and set a $88.00 price objective on the stock. in a report on Friday, June 5th. Evercore lowered their price objective on lululemon athletica from $175.00 to $130.00 in a research report on Wednesday, June 3rd. 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. Finally, Bank of America reduced their target price on lululemon athletica from $175.00 to $140.00 and set a “neutral” rating on the stock in a research report on Friday, June 5th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twenty-four have assigned a Hold rating and six have given a Sell rating to the stock. Based on data from MarketBeat, lululemon athletica has a consensus rating of “Reduce” and a consensus price target of $148.35.
lululemon athletica Stock Performance
lululemon athletica stock opened at $116.63 on Wednesday. The company’s 50 day simple moving average is $119.19 and its 200-day simple moving average is $152.76. The company has a market capitalization of $13.84 billion, a price-to-earnings ratio of 9.41, a price-to-earnings-growth ratio of 3.82 and a beta of 0.88. lululemon athletica inc. has a 1 year low of $104.44 and a 1 year high of $226.24.
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, topping the consensus estimate of $1.67 by $0.02. The firm had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.44 billion. lululemon athletica had a net margin of 13.03% and a return on equity of 31.26%. The business’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same period in the prior year, the business posted $2.60 EPS. 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 expect that lululemon athletica inc. will post 10.94 earnings per share for the current year.
Insider Buying and Selling
In other news, Director Charles V. Bergh purchased 4,275 shares of the stock in a transaction dated Monday, June 15th. The stock was acquired at an average cost of $117.05 per share, for a total transaction of $500,388.75. Following the completion of the transaction, the director directly owned 10,365 shares in the company, valued at approximately $1,213,223.25. This represents a 70.20% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. 0.54% of the stock is owned by company 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.
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