Wealthfront Advisers LLC Purchases New Stake in lululemon athletica inc. $LULU

Wealthfront Advisers LLC acquired a new position in lululemon athletica inc. (NASDAQ:LULU) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 6,274 shares of the apparel retailer’s stock, valued at approximately $716,000.

A number of other institutional investors have also recently bought and sold shares of the business. Swiss Life Asset Management Ltd increased its stake in lululemon athletica by 53.1% in the 4th quarter. Swiss Life Asset Management Ltd now owns 68,093 shares of the apparel retailer’s stock valued at $14,150,000 after buying an additional 23,623 shares during the period. Oppenheimer Asset Management Inc. boosted its stake in shares of lululemon athletica by 46.6% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 25,594 shares of the apparel retailer’s stock valued at $5,319,000 after buying an additional 8,134 shares during the period. Rayburn West Financial Services LLC acquired a new stake in shares of lululemon athletica during the 4th quarter valued at $3,536,000. Gateway Investment Advisers LLC grew its holdings in shares of lululemon athletica by 60.0% during the 4th quarter. Gateway Investment Advisers LLC now owns 45,062 shares of the apparel retailer’s stock valued at $9,364,000 after acquiring an additional 16,901 shares in the last quarter. Finally, MUFG Securities EMEA plc grew its holdings in shares of lululemon athletica by 9,695.1% during the 4th quarter. MUFG Securities EMEA plc now owns 204,424 shares of the apparel retailer’s stock valued at $42,481,000 after acquiring an additional 202,337 shares in the last quarter. 85.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Charles V. Bergh purchased 4,275 shares of the firm’s stock in a transaction dated Monday, June 15th. The stock was bought at an average price of $117.05 per share, for a total transaction of $500,388.75. Following 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 position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 0.54% of the company’s stock.

lululemon athletica Trading Up 4.7%

lululemon athletica stock opened at $121.07 on Friday. lululemon athletica inc. has a 1-year low of $104.44 and a 1-year high of $225.98. The firm’s fifty day simple moving average is $117.42 and its 200-day simple moving average is $140.39. The company has a market capitalization of $14.37 billion, a P/E ratio of 9.77, a P/E/G ratio of 3.79 and a beta of 0.86.

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

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. BNP Paribas Exane lowered 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. Weiss Ratings upgraded lululemon athletica from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, August 5th. Bank of America dropped their target price on lululemon athletica from $175.00 to $140.00 and set a “neutral” rating on the stock in a research report on Friday, June 5th. Zacks Research raised lululemon athletica from a “strong sell” rating to a “hold” rating in a research note on Wednesday. Finally, Daiwa Securities Group reduced their price target on lululemon athletica from $173.00 to $120.00 and set a “neutral” rating for the company in a report on Tuesday, June 9th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twenty-five have given a Hold rating and five have given a Sell rating to the company. According to MarketBeat.com, lululemon athletica has a consensus rating of “Reduce” and a consensus target price of $148.54.

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.