OMERS ADMINISTRATION Corp Takes $2.12 Million Position in lululemon athletica inc. $LULU

OMERS ADMINISTRATION Corp bought a new position in lululemon athletica inc. (NASDAQ:LULU) during the 2nd quarter, Holdings Channel.com reports. The fund bought 18,590 shares of the apparel retailer’s stock, valued at approximately $2,123,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Sanctuary Advisors LLC purchased a new stake in lululemon athletica in the 2nd quarter worth $582,000. Te Ahumairangi Investment Management Ltd bought a new stake in shares of lululemon athletica in the second quarter worth about $574,000. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in shares of lululemon athletica in the second quarter worth about $82,551,000. LM Advisors LLC purchased a new stake in shares of lululemon athletica in the second quarter worth about $522,000. Finally, Elevation Point Wealth Partners LLC purchased a new stake in shares of lululemon athletica in the second quarter worth about $761,000. Institutional investors own 85.20% of the company’s stock.

lululemon athletica Trading Down 1.7%

Shares of NASDAQ:LULU opened at $116.35 on Thursday. The company has a market cap of $13.81 billion, a price-to-earnings ratio of 9.39, a PEG ratio of 3.88 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 company has a 50-day moving average price of $117.70 and a 200 day moving average price of $138.97.

lululemon athletica (NASDAQ:LULU) last issued its quarterly earnings data on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share 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 company had revenue of $2.47 billion for the quarter, compared to analysts’ expectations of $2.44 billion. During the same period in the previous year, the firm posted $2.60 earnings per share. The firm’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. As a group, equities analysts forecast that lululemon athletica inc. will post 10.93 EPS for the current year.

Insider Activity at lululemon athletica

In related news, Director Charles V. Bergh bought 4,275 shares of the business’s stock in a transaction dated 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 transaction, the director owned 10,365 shares in the company, valued at $1,213,223.25. This trade represents a 70.20% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.54% of the company’s stock.

Analysts Set New Price Targets

LULU has been the subject of a number of research reports. Barclays dropped their price target on lululemon athletica from $161.00 to $113.00 and set an “equal weight” rating for the company in a research note on Friday, June 5th. Needham & Company LLC reaffirmed a “hold” rating on shares of lululemon athletica in a report on Friday, June 5th. Bank of America lowered their target price on lululemon athletica from $175.00 to $140.00 and set a “neutral” rating for the company in a research report on Friday, June 5th. Zacks Research raised shares of lululemon athletica from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 19th. Finally, Evercore reduced their price target on shares of lululemon athletica from $175.00 to $130.00 in a research report on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twenty-five have given a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat.com, lululemon athletica has a consensus rating of “Reduce” and a consensus price target of $148.38.

lululemon athletica News Summary

Here are the key news stories impacting lululemon athletica this week:

• Positive Sentiment: UBS expects Lululemon to potentially exceed second-quarter earnings expectations, supported by cost controls and share repurchases. The company is scheduled to report results on September 3. Lululemon Athletica Set to Top Second Quarter Earnings Expectations on Cost Control, Share Repurchases, UBS Says
• Positive Sentiment: Recent analyst commentary suggests LULU could benefit from disciplined expense management and buybacks even if revenue growth remains subdued. The company’s latest reported quarter also exceeded consensus estimates for revenue and earnings. Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies
• Neutral Sentiment: Analyst sentiment is mixed ahead of the earnings release. UBS maintains a neutral view, while other coverage is focused on whether Lululemon can stabilize growth in its largest markets. Should You Buy Lululemon Stock Before Sept. 3?
• Negative Sentiment: UBS warned that Lululemon may reduce its fiscal 2026 earnings outlook because of weaker-than-expected sales in the U.S. and China. The firm reportedly expects a reduction of approximately $1.25 per share, raising concerns about the company’s longer-term growth trajectory. Lululemon May Cut Annual Earnings Outlook Amid Weak US, China Sales, Warns UBS
• Negative Sentiment: UBS lowered its LULU price target from $124 to $120 and kept a neutral rating, reflecting limited expected upside and persistent demand concerns. UBS Lowers Lululemon Price Target

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.