Prudential PLC trimmed its holdings in lululemon athletica inc. (NASDAQ:LULU – Free Report) by 29.8% during the fourth quarter, Holdings Channel reports. The firm owned 11,571 shares of the apparel retailer’s stock after selling 4,907 shares during the quarter. Prudential PLC’s holdings in lululemon athletica were worth $2,405,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently made changes to their positions in LULU. Brighton Jones LLC bought a new position in shares of lululemon athletica during the 4th quarter worth approximately $429,000. NewEdge Advisors LLC lifted its position in shares of lululemon athletica by 5.1% during the 1st quarter. NewEdge Advisors LLC now owns 3,848 shares of the apparel retailer’s stock valued at $1,089,000 after acquiring an additional 186 shares during the period. Glenview Trust co lifted its position in shares of lululemon athletica by 39.9% during the 2nd quarter. Glenview Trust co now owns 996 shares of the apparel retailer’s stock valued at $237,000 after acquiring an additional 284 shares during the period. Diversify Advisory Services LLC bought a new position in lululemon athletica during the second quarter worth $508,000. Finally, Raymond James Financial Inc. boosted its stake in lululemon athletica by 10.7% during the second quarter. Raymond James Financial Inc. now owns 112,632 shares of the apparel retailer’s stock worth $26,759,000 after acquiring an additional 10,891 shares in the last quarter. Institutional investors own 85.20% of the company’s stock.
Insider Transactions at lululemon athletica
In other news, Director Charles V. Bergh acquired 6,090 shares of lululemon athletica stock in a transaction on Friday, March 20th. The stock was acquired at an average cost of $164.20 per share, with a total value of $999,978.00. Following the transaction, the director owned 6,090 shares of the company’s stock, valued at approximately $999,978. This trade represents a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Andre Maestrini acquired 3,275 shares of lululemon athletica stock in a transaction on Wednesday, April 1st. The stock was purchased at an average cost of $151.02 per share, with a total value of $494,590.50. Following the completion of the transaction, the chief executive officer directly owned 34,551 shares in the company, valued at $5,217,892.02. This represents a 10.47% increase in their position. The disclosure for this purchase is available in the SEC filing. 0.54% of the stock is currently owned by insiders.
lululemon athletica Stock Performance
lululemon athletica (NASDAQ:LULU – Get Free Report) last announced its quarterly earnings results on Thursday, June 4th. The apparel retailer reported $1.69 EPS for the quarter, beating analysts’ consensus estimates of $1.67 by $0.02. The business had revenue of $2.47 billion during the quarter, compared to analyst estimates of $2.44 billion. lululemon athletica had a net margin of 13.03% and a return on equity of 31.26%. lululemon athletica’s quarterly revenue was up 4.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.60 EPS. 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 predict that lululemon athletica inc. will post 12.35 earnings per share for the current fiscal year.
lululemon athletica News Summary
Here are the key news stories impacting lululemon athletica this week:
- Positive Sentiment: lululemon posted first-quarter EPS of $1.69 and revenue of $2.47 billion, both slightly ahead of Wall Street estimates, showing the business is still generating profits and growing revenue overall.
- Positive Sentiment: Management said international growth remains a bright spot, with China and other overseas markets helping offset some of the weakness in North America.
- Neutral Sentiment: Several analysts reiterated neutral/hold views while cutting price targets, signaling that expectations have been reset but not all firms are calling for a deeper selloff.
- Neutral Sentiment: New commentary suggests valuation may now look more attractive after the sharp drop, but investors are waiting for proof that the turnaround is working.
- Negative Sentiment: lululemon cut its FY2026 revenue and profit guidance and issued weaker-than-expected Q2 guidance, citing ongoing headwinds, tariff costs, markdown pressure, and softer traffic.
- Negative Sentiment: Multiple brokerages lowered targets on LULU, including BofA, JPMorgan, Barclays, Wells Fargo, Piper Sandler, and others, with some downgrading the stock to hold/neutral or underperform.
- Negative Sentiment: Articles cited fading brand momentum, product misfires, and negative social/media commentary, reinforcing concerns that lululemon’s core U.S. business is losing steam ahead of the incoming CEO transition.
Wall Street Analysts Forecast Growth
Several equities research analysts have weighed in on LULU shares. BTIG Research downgraded shares of lululemon athletica from a “buy” rating to a “neutral” rating in a research note on Friday. The Goldman Sachs Group reduced their target price on lululemon athletica from $177.00 to $122.00 and set a “neutral” rating for the company in a research note on Friday. Truist Financial decreased their target price on lululemon athletica from $135.00 to $115.00 and set a “hold” rating for the company in a research report on Friday. Wells Fargo & Company dropped their price target on lululemon athletica from $150.00 to $110.00 and set an “equal weight” rating on the stock in a research note on Friday. Finally, Freedom Capital upgraded lululemon athletica from a “strong sell” rating to a “hold” rating in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twenty-nine have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $165.13.
Read Our Latest Research Report on lululemon athletica
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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