Sumitomo Mitsui Trust Group Inc. Has $41.05 Million Stock Position in lululemon athletica inc. $LULU

Sumitomo Mitsui Trust Group Inc. reduced its position in shares of lululemon athletica inc. (NASDAQ:LULU) by 5.5% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 268,119 shares of the apparel retailer’s stock after selling 15,708 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in lululemon athletica were worth $41,049,000 as of its most recent filing with the Securities and Exchange Commission.

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

Insider Activity at lululemon athletica

In related news, Director Charles V. Bergh acquired 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 acquisition, the director directly owned 10,365 shares of the company’s stock, 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 can be accessed through this link. 0.54% of the stock is currently owned by corporate insiders.

lululemon athletica Stock Performance

Shares of NASDAQ LULU opened at $119.26 on Monday. The firm has a market cap of $14.15 billion, a PE ratio of 9.63, a PEG ratio of 3.86 and a beta of 0.88. lululemon athletica inc. has a 1-year low of $104.44 and a 1-year high of $238.45. The company has a fifty day moving average price of $121.05 and a 200 day moving average price of $157.34.

lululemon athletica (NASDAQ:LULU) last released its quarterly earnings results on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.67 by $0.02. The firm had revenue of $2.47 billion for the quarter, compared to the consensus estimate of $2.44 billion. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.The company’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same quarter last 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. Equities research analysts forecast that lululemon athletica inc. will post 11.08 EPS for the current year.

Analysts Set New Price Targets

LULU has been the subject of a number of analyst reports. Bank of America lowered their target price on shares of lululemon athletica from $175.00 to $140.00 and set a “neutral” rating for the company in a report on Friday, June 5th. JPMorgan Chase & Co. reduced their price target on lululemon athletica from $173.00 to $149.00 and set a “neutral” rating on the stock in a research report on Friday, June 5th. Citigroup decreased their price objective on lululemon athletica from $185.00 to $130.00 and set a “neutral” rating for the company in a research note on Tuesday, June 9th. BTIG Research downgraded lululemon athletica from a “buy” rating to a “neutral” rating in a report on Friday, June 5th. Finally, The Goldman Sachs Group cut their target price on lululemon athletica from $177.00 to $122.00 and set a “neutral” rating on the stock in a research note on Friday, June 5th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twenty-five have issued a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Reduce” and a consensus target price of $149.35.

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.