Chase Investment Counsel Corp Makes New $1.37 Million Investment in lululemon athletica inc. $LULU

Chase Investment Counsel Corp acquired a new position in shares of lululemon athletica inc. (NASDAQ:LULU) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 12,000 shares of the apparel retailer’s stock, valued at approximately $1,370,000.

Several other hedge funds also recently modified their holdings of the stock. Uniplan Investment Counsel Inc. bought a new stake in lululemon athletica during the fourth quarter worth about $26,000. Elyxium Wealth LLC bought a new position in lululemon athletica in the fourth quarter valued at approximately $31,000. DV Equities LLC acquired a new position in shares of lululemon athletica during the 4th quarter worth approximately $31,000. GW&K Investment Management LLC increased its position 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 purchasing an additional 78 shares during the last quarter. Finally, Rexford Capital Inc. bought a new stake in shares of lululemon athletica during the 1st quarter worth approximately $31,000. Institutional investors own 85.20% of the company’s stock.

Insider Activity at lululemon athletica

In other lululemon athletica news, Director Charles V. Bergh purchased 4,275 shares of the stock in a transaction that occurred on Monday, June 15th. The shares were acquired at an average cost of $117.05 per share, with a total value of $500,388.75. Following the completion of the transaction, the director owned 10,365 shares in the company, valued at $1,213,223.25. The trade was a 70.20% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.54% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. BNP Paribas Exane downgraded lululemon athletica from a “neutral” rating to an “underperform” rating and set a $88.00 price objective for the company. in a report on Friday, June 5th. Telsey Advisory Group lowered their target price on shares of lululemon athletica from $175.00 to $122.00 and set a “market perform” rating on the stock in a report on Friday, June 5th. Rothschild & Co Redburn dropped their price target on shares of lululemon athletica from $160.00 to $110.00 and set a “sell” rating on the stock in a research report on Tuesday, June 16th. Citigroup cut their price target 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, Weiss Ratings raised shares of lululemon athletica from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twenty-four have given a Hold rating and six have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average target price of $148.54.

lululemon athletica Stock Performance

Shares of NASDAQ LULU opened at $119.55 on Monday. The firm has a market cap of $14.19 billion, a P/E ratio of 9.65, a price-to-earnings-growth ratio of 3.92 and a beta of 0.86. The business’s 50 day moving average is $117.57 and its 200-day moving average is $142.24. lululemon athletica inc. has a 1-year low of $104.44 and a 1-year high of $225.98.

lululemon athletica (NASDAQ:LULU) last issued its quarterly earnings data on Thursday, June 4th. The apparel retailer reported $1.69 EPS for the quarter, beating analysts’ consensus estimates 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 return on equity of 31.26% and a net margin of 13.03%.The company’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same period in the prior year, the firm 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. Analysts forecast that lululemon athletica inc. will post 10.93 EPS for the current year.

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.