Pacer Advisors Inc. grew its position in lululemon athletica inc. (NASDAQ:LULU – Free Report) by 15.4% during the 1st quarter, Holdings Channel.com reports. The firm owned 415,398 shares of the apparel retailer’s stock after purchasing an additional 55,438 shares during the period. Pacer Advisors Inc.’s holdings in lululemon athletica were worth $63,597,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also bought and sold shares of the business. Integrated Financial Solutions Inc. bought a new position in shares of lululemon athletica during the fourth quarter worth approximately $26,000. Uniplan Investment Counsel Inc. bought a new stake in shares of lululemon athletica in the fourth quarter valued at approximately $26,000. Elyxium Wealth LLC acquired a new stake in lululemon athletica during the fourth quarter worth approximately $31,000. Rexford Capital Inc. acquired a new stake in lululemon athletica during the first quarter worth approximately $31,000. Finally, DV Equities LLC bought a new position in lululemon athletica during the 4th quarter worth $31,000. 85.20% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Several brokerages have weighed in on LULU. Stifel Nicolaus dropped their price objective on lululemon athletica from $176.00 to $134.00 and set a “hold” rating for the company in a report on Friday, June 5th. Jefferies Financial Group decreased their price target on lululemon athletica from $145.00 to $115.00 and set a “hold” rating on the stock in a research report on Friday, June 5th. Rothschild & Co Redburn dropped their price target on lululemon athletica from $160.00 to $110.00 and set a “sell” rating for the company in a research note on Tuesday, June 16th. The Goldman Sachs Group cut their price objective on shares of lululemon athletica from $177.00 to $122.00 and set a “neutral” rating for the company in a research report on Friday, June 5th. Finally, Weiss Ratings lowered shares of lululemon athletica from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, July 20th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twenty-four have issued a Hold rating and six have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and an average target price of $148.35.
lululemon athletica Stock Performance
Shares of LULU opened at $118.87 on Monday. lululemon athletica inc. has a 52-week low of $104.44 and a 52-week high of $225.98. The business’s fifty day moving average is $118.27 and its 200-day moving average is $147.48. The firm has a market cap of $14.11 billion, a price-to-earnings ratio of 9.59, a PEG ratio of 3.89 and a beta of 0.88.
lululemon athletica (NASDAQ:LULU – Get Free Report) last posted its quarterly earnings results on Thursday, June 4th. The apparel retailer reported $1.69 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $2.44 billion. During the same quarter in the previous year, the firm earned $2.60 EPS. lululemon athletica’s revenue 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, research analysts forecast that lululemon athletica inc. will post 10.94 EPS for the current fiscal year.
Insider Buying and Selling
In other lululemon athletica news, Director Charles V. Bergh bought 4,275 shares of the stock in a transaction on Monday, June 15th. The stock was purchased at an average price of $117.05 per share, with a total value of $500,388.75. Following the completion of the purchase, 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 filing with the SEC, which is available through the SEC website. Insiders own 0.54% of the company’s stock.
lululemon athletica Company 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.
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