Mitsubishi UFJ Asset Management Co. Ltd. Invests $28.82 Million in lululemon athletica inc. $LULU

Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of lululemon athletica inc. (NASDAQ:LULU) during the 2nd quarter, Holdings Channel reports. The fund purchased 252,371 shares of the apparel retailer’s stock, valued at approximately $28,816,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Geode Capital Management LLC lifted its position in lululemon athletica by 2.4% in the 4th quarter. Geode Capital Management LLC now owns 3,049,911 shares of the apparel retailer’s stock worth $631,526,000 after buying an additional 71,464 shares in the last quarter. Invesco Ltd. increased its stake in shares of lululemon athletica by 28.7% in the third quarter. Invesco Ltd. now owns 2,200,552 shares of the apparel retailer’s stock worth $391,544,000 after acquiring an additional 490,127 shares during the last quarter. Morgan Stanley increased its stake in shares of lululemon athletica by 2.8% in the fourth quarter. Morgan Stanley now owns 2,197,158 shares of the apparel retailer’s stock worth $456,592,000 after acquiring an additional 59,282 shares during the last quarter. Norges Bank purchased a new stake in shares of lululemon athletica during the fourth quarter worth $362,598,000. Finally, Boston Partners acquired a new stake in lululemon athletica during the fourth quarter valued at $304,875,000. Hedge funds and other institutional investors own 85.20% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. UBS Group dropped their target price on lululemon athletica from $153.00 to $124.00 and set a “neutral” rating on the stock in a research report on Sunday, June 7th. Robert W. Baird decreased their target price on shares of lululemon athletica from $170.00 to $140.00 and set a “neutral” rating for the company in a research report on Friday, June 5th. BNP Paribas Exane downgraded lululemon athletica from a “neutral” rating to an “underperform” rating and set a $88.00 price target for the company. in a research note on Friday, June 5th. Piper Sandler decreased their target price on lululemon athletica from $130.00 to $110.00 and set a “neutral” rating for the company in a research report on Friday, June 5th. Finally, Weiss Ratings upgraded lululemon athletica from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twenty-four have issued a Hold rating and six have given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus target price of $148.54.

Insider Buying and Selling

In related news, Director Charles V. Bergh acquired 4,275 shares of the firm’s stock in a transaction on Monday, June 15th. The shares were purchased at an average price of $117.05 per share, with a total value of $500,388.75. Following the acquisition, the director directly 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 filing with the SEC, which is available through this link. 0.54% of the stock is currently owned by corporate insiders.

lululemon athletica Stock Down 3.1%

NASDAQ:LULU opened at $115.69 on Friday. The firm has a market capitalization of $13.73 billion, a PE ratio of 9.34, a price-to-earnings-growth ratio of 3.92 and a beta of 0.86. lululemon athletica inc. has a 12-month low of $104.44 and a 12-month high of $225.98. The firm has a 50-day moving average price of $117.37 and a 200 day moving average price of $140.52.

lululemon athletica (NASDAQ:LULU) last released its quarterly earnings data on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share for the quarter, beating analysts’ consensus estimates of $1.67 by $0.02. The company had revenue of $2.47 billion for the quarter, compared to the consensus estimate of $2.44 billion. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.The company’s quarterly revenue was up 4.3% on a year-over-year basis. During the same period in the previous year, the business earned $2.60 earnings per share. 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, research analysts expect that lululemon athletica inc. will post 10.93 EPS for the current year.

lululemon athletica Profile

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.