Candriam S.C.A. Has $20.49 Million Position in lululemon athletica inc. $LULU

Candriam S.C.A. grew its position in lululemon athletica inc. (NASDAQ:LULU) by 134.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 133,856 shares of the apparel retailer’s stock after acquiring an additional 76,777 shares during the period. Candriam S.C.A.’s holdings in lululemon athletica were worth $20,493,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of LULU. Uniplan Investment Counsel Inc. acquired a new position in shares of lululemon athletica during the 4th quarter worth approximately $26,000. Integrated Financial Solutions Inc. bought a new position in lululemon athletica during the fourth quarter worth $26,000. GoalVest Advisory LLC acquired a new position in shares of lululemon athletica in the fourth quarter valued at $27,000. Elyxium Wealth LLC bought a new position in shares of lululemon athletica in the fourth quarter valued at about $31,000. Finally, DV Equities LLC bought a new position in shares of lululemon athletica in the fourth quarter valued at about $31,000. 85.20% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on LULU. Citigroup reduced their target price on shares of lululemon athletica from $185.00 to $130.00 and set a “neutral” rating for the company in a report on Tuesday, June 9th. Needham & Company LLC restated a “hold” rating on shares of lululemon athletica in a report on Friday, June 5th. Truist Financial decreased their target price on lululemon athletica from $135.00 to $115.00 and set a “hold” rating on the stock in a research report on Friday, June 5th. Jefferies Financial Group lowered their target price on 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, Weiss Ratings reissued a “sell (d+)” rating on shares of lululemon athletica in a report on Friday, June 26th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twenty-five have given a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus price target of $149.35.

Insider Activity

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 shares were acquired at an average price 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 of the company’s stock, valued at $1,213,223.25. This represents a 70.20% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.54% of the company’s stock.

lululemon athletica Stock Performance

NASDAQ:LULU traded up $2.75 during mid-day trading on Friday, reaching $119.26. 3,110,614 shares of the company’s stock were exchanged, compared to its average volume of 3,216,707. lululemon athletica inc. has a one year low of $104.44 and a one year high of $238.45. The business’s fifty day simple moving average is $121.05 and its two-hundred day simple moving average is $157.72. The firm has a market capitalization of $14.15 billion, a PE ratio of 9.63, a price-to-earnings-growth ratio of 3.86 and a beta of 0.88.

lululemon athletica (NASDAQ:LULU) last posted its quarterly earnings data on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.67 by $0.02. lululemon athletica had a net margin of 13.03% and a return on equity of 31.26%. The firm had revenue of $2.47 billion during the quarter, compared to the consensus estimate of $2.44 billion. During the same quarter in the previous year, the firm posted $2.60 EPS. The business’s revenue for the quarter 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, equities research analysts forecast that lululemon athletica inc. will post 11.08 EPS for the current 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.