705,726 Shares in lululemon athletica inc. $LULU Acquired by Deutsche Bank AG

Deutsche Bank AG bought a new position in shares of lululemon athletica inc. (NASDAQ:LULU) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 705,726 shares of the apparel retailer’s stock, valued at approximately $80,580,000.

A number of other large investors have also modified their holdings of LULU. Uniplan Investment Counsel Inc. purchased a new position in lululemon athletica in the fourth quarter valued at $26,000. Elyxium Wealth LLC acquired a new stake in lululemon athletica in the 4th quarter valued at about $31,000. DV Equities LLC purchased a new position in shares of lululemon athletica in the 4th quarter valued at about $31,000. GW&K Investment Management LLC boosted its stake in shares of lululemon athletica by 70.3% in the 4th quarter. GW&K Investment Management LLC now owns 189 shares of the apparel retailer’s stock valued at $39,000 after buying an additional 78 shares during the period. Finally, Rexford Capital Inc. acquired a new position in shares of lululemon athletica during the first quarter worth about $31,000. Hedge funds and other institutional investors own 85.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on LULU shares. Zacks Research lowered shares of lululemon athletica from a “hold” rating to a “strong sell” rating in a research note on Wednesday, June 10th. Evercore lowered their price target on shares of lululemon athletica from $175.00 to $130.00 in a report on Wednesday, June 3rd. Needham & Company LLC reissued a “hold” rating on shares of lululemon athletica in a research report on Friday, June 5th. Piper Sandler reduced their price objective on shares of lululemon athletica from $130.00 to $110.00 and set a “neutral” rating on the stock in a report on Friday, June 5th. Finally, Barclays decreased their price objective on shares of lululemon athletica from $161.00 to $113.00 and set an “equal weight” rating for the company in a research report on Friday, June 5th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twenty-four have issued a Hold rating and six have assigned a Sell rating to the stock. Based on data from MarketBeat, lululemon athletica has a consensus rating of “Reduce” and a consensus target price of $148.54.

lululemon athletica Stock Down 3.1%

Shares of LULU opened at $115.69 on Friday. The company has a market capitalization of $13.73 billion, a price-to-earnings ratio of 9.34, a price-to-earnings-growth ratio of 3.92 and a beta of 0.86. lululemon athletica inc. has a 52-week low of $104.44 and a 52-week high of $225.98. The stock has a 50 day moving average price of $117.37 and a 200 day moving average price of $140.52.

lululemon athletica (NASDAQ:LULU) last released its quarterly earnings data on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share for the quarter, topping analysts’ consensus estimates of $1.67 by $0.02. The company had revenue of $2.47 billion for 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%. The firm’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same quarter last year, the company earned $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 analysts anticipate that lululemon athletica inc. will post 10.93 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Charles V. Bergh purchased 4,275 shares of lululemon athletica stock in a transaction that occurred on Monday, June 15th. The stock was purchased at an average cost of $117.05 per share, with a total value of $500,388.75. Following the completion of the transaction, the director directly owned 10,365 shares in the company, valued at approximately $1,213,223.25. The trade was a 70.20% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.54% of the stock is currently owned by company insiders.

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.