Gateway Investment Advisers LLC Reduces Holdings in lululemon athletica inc. $LULU

Gateway Investment Advisers LLC lessened its holdings in shares of lululemon athletica inc. (NASDAQ:LULU) by 42.8% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,400 shares of the apparel retailer’s stock after selling 10,762 shares during the quarter. Gateway Investment Advisers LLC’s holdings in lululemon athletica were worth $1,644,000 at the end of the most recent reporting period.

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

Wall Street Analyst Weigh In

A number of research firms recently commented on LULU. UBS Group reduced their target price on lululemon athletica from $153.00 to $124.00 and set a “neutral” rating on the stock in a research note on Sunday, June 7th. Truist Financial cut lululemon athletica from a “hold” rating to a “sell” rating and decreased their price objective for the company from $115.00 to $94.00 in a report on Thursday, July 16th. Telsey Advisory Group cut their target price on lululemon athletica from $175.00 to $122.00 and set a “market perform” rating for the company in a research note on Friday, June 5th. Jefferies Financial Group decreased their price target on shares of lululemon athletica from $145.00 to $115.00 and set a “hold” rating on the stock in a research note on Friday, June 5th. Finally, Sanford C. Bernstein cut their price objective on shares of lululemon athletica from $170.00 to $145.00 and set a “market perform” rating for the company in a research note on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twenty-four have assigned a Hold rating and six have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus price target of $148.54.

Key Stories Impacting lululemon athletica

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

• Positive Sentiment: Insider buying offers some support. Company insiders made three purchases totaling roughly $2.0 million over the past six months, including purchases by former CEO Charles Bergh and interim co-CEO Andre Maestrini. This may signal confidence that the stock’s lower valuation reflects much of the near-term weakness. Lululemon slides as weak outlook and lingering turnaround concerns continue to weigh on shares
• Positive Sentiment: International and China growth remain potential bright spots. Lululemon is benefiting from China’s expanding athleisure market and continues to report stronger international performance, partially offsetting weakness in the Americas. China’s Athleisure Boom Is Not Lifting Every Brand Equally
• Neutral Sentiment: Institutional positioning is mixed. Some large investors, including Federated Hermes and AQR Capital Management, increased holdings, while Boston Partners, Marshall Wace, and Franklin Resources reduced or eliminated positions. Analyst price targets are similarly divided, with recent targets ranging from $93 to $149 and a six-month median of $130.
• Negative Sentiment: North American weakness and margin pressure remain the primary concerns. First-quarter Americas revenue declined 3% and comparable sales fell 5%. Gross margin contracted 410 basis points to 54.2%, operating income dropped 37%, and diluted EPS fell to $1.69 from $2.60. Management cut fiscal 2026 guidance to $11.0 billion–$11.15 billion in revenue and $10.95–$11.15 in EPS, while projecting a second-quarter sales decline. Investors remain unconvinced that new leadership can quickly stabilize the brand. Lululemon outlook and turnaround concerns

Insider Buying and Selling at lululemon athletica

In other lululemon athletica news, Director Charles V. Bergh bought 4,275 shares of the stock in a transaction dated Monday, June 15th. The stock was purchased at an average cost of $117.05 per share, for a total transaction of $500,388.75. Following the completion of the acquisition, the director owned 10,365 shares of the company’s stock, valued at approximately $1,213,223.25. This trade represents a 70.20% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 0.54% of the company’s stock.

lululemon athletica Price Performance

LULU opened at $120.87 on Thursday. lululemon athletica inc. has a one year low of $104.44 and a one year high of $225.98. The business has a 50 day simple moving average of $117.57 and a two-hundred day simple moving average of $143.26. The firm has a market capitalization of $14.34 billion, a price-to-earnings ratio of 9.76, a PEG ratio of 4.12 and a beta of 0.86.

lululemon athletica (NASDAQ:LULU) last posted its earnings results on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share (EPS) for the quarter, beating 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 firm 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 earned $2.60 earnings per share. The business’s revenue was up 4.3% compared to the same quarter last year. 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, sell-side analysts expect that lululemon athletica inc. will post 10.93 EPS for the current fiscal 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.