Oppenheimer Asset Management Inc. Raises Holdings in lululemon athletica inc. $LULU

Oppenheimer Asset Management Inc. grew its position in shares of lululemon athletica inc. (NASDAQ:LULU) by 46.6% in the fourth quarter, HoldingsChannel reports. The firm owned 25,594 shares of the apparel retailer’s stock after buying an additional 8,134 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in lululemon athletica were worth $5,319,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in LULU. Vanguard Group Inc. grew its position in shares of lululemon athletica by 3.9% during the third quarter. Vanguard Group Inc. now owns 13,782,917 shares of the apparel retailer’s stock valued at $2,452,394,000 after purchasing an additional 521,915 shares in the last quarter. Invesco Ltd. grew its position in shares of lululemon athletica by 28.7% during the third quarter. Invesco Ltd. now owns 2,200,552 shares of the apparel retailer’s stock valued at $391,544,000 after purchasing an additional 490,127 shares in the last quarter. Victory Capital Management Inc. grew its position in lululemon athletica by 321.2% in the third quarter. Victory Capital Management Inc. now owns 497,689 shares of the apparel retailer’s stock worth $88,554,000 after acquiring an additional 379,536 shares in the last quarter. Dimensional Fund Advisors LP grew its position in lululemon athletica by 32.3% in the third quarter. Dimensional Fund Advisors LP now owns 1,311,664 shares of the apparel retailer’s stock worth $233,394,000 after acquiring an additional 319,934 shares in the last quarter. Finally, Assenagon Asset Management S.A. grew its position in lululemon athletica by 255.6% in the fourth quarter. Assenagon Asset Management S.A. now owns 438,461 shares of the apparel retailer’s stock worth $91,117,000 after acquiring an additional 315,150 shares in the last quarter. Hedge funds and other institutional investors own 85.20% of the company’s stock.

lululemon athletica Trading Down 3.0%

LULU opened at $133.58 on Friday. The firm has a market cap of $16.12 billion, a P/E ratio of 10.04, a P/E/G ratio of 4.10 and a beta of 0.90. lululemon athletica inc. has a 12 month low of $133.55 and a 12 month high of $340.25. The stock has a 50-day moving average of $162.13 and a 200 day moving average of $177.46.

lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings data on Tuesday, March 17th. The apparel retailer reported $5.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.78 by $0.23. The business had revenue of $3.64 billion during the quarter, compared to the consensus estimate of $3.59 billion. lululemon athletica had a net margin of 14.22% and a return on equity of 34.82%. The firm’s quarterly revenue was up .0% compared to the same quarter last year. During the same quarter last year, the firm earned $6.14 earnings per share. On average, research analysts forecast that lululemon athletica inc. will post 12.31 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently commented on LULU. Telsey Advisory Group dropped their price target on lululemon athletica from $215.00 to $175.00 and set a “market perform” rating for the company in a research report on Wednesday, March 18th. BTIG Research dropped their price target on lululemon athletica from $250.00 to $225.00 and set a “buy” rating for the company in a research report on Wednesday, March 18th. Truist Financial dropped their price target on lululemon athletica from $200.00 to $170.00 and set a “hold” rating for the company in a research report on Wednesday, March 18th. Deutsche Bank Aktiengesellschaft began coverage on lululemon athletica in a research report on Thursday, January 8th. They issued a “hold” rating for the company. Finally, Weiss Ratings lowered lululemon athletica from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, March 31st. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, twenty-eight have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, lululemon athletica has a consensus rating of “Hold” and a consensus target price of $205.34.

Insiders Place Their Bets

In other news, CEO Andre Maestrini acquired 3,275 shares of the firm’s stock in a transaction on Wednesday, April 1st. The stock was acquired at an average price of $151.02 per share, with a total value of $494,590.50. Following the completion of the purchase, the chief executive officer directly owned 34,551 shares in the company, valued at approximately $5,217,892.02. This trade represents a 10.47% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Nicole Neuburger sold 622 shares of the firm’s stock in a transaction dated Wednesday, April 8th. The stock was sold at an average price of $161.00, for a total transaction of $100,142.00. Following the completion of the sale, the insider directly owned 19,156 shares of the company’s stock, valued at approximately $3,084,116. The trade was a 3.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.54% of the stock is owned by insiders.

Trending Headlines about lululemon athletica

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

• Positive Sentiment: Founder activism could force board change or strategic shifts that unlock value for shareholders; some investors view a governance reset as a potential catalyst. Chip Wilson Makes His Case
• Neutral Sentiment: Coverage outlines the CEO succession: Heidi O’Neill, a longtime Nike executive, is set to start in September — her hire brings relevant industry experience but has not yet reassured investors. WSJ: New CEO in the Hot Seat
• Neutral Sentiment: Weekly coverage notes tensions between management and founder in proxy documents — useful context but not a direct operational update. Retail Dive Weekly Closeout
• Negative Sentiment: Proxy filing and follow-up reporting show Chip Wilson advised rival brands (Alo, Vuori) while pressing for board seats — raises conflict-of-interest and governance concerns that investors view as destabilizing. Yahoo: Proxy Reveals Founder Advises Rivals
• Negative Sentiment: Multiple outlets report the dispute intensified quickly, sparking heavy selling and a drop to multi-month/52-week lows amid concerns about slowing growth and competitive pressure. Blockonomi: Stock Hits 52-Week Low
• Negative Sentiment: Founder’s public criticisms of the new CEO pick and push for board changes have increased uncertainty around leadership transition and strategy execution, a near-term negative for investor sentiment. Yahoo: Founder vs Board Heats Up

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.