Mizuho Markets Americas LLC Trims Stock Position in lululemon athletica inc. $LULU

Mizuho Markets Americas LLC lessened its stake in lululemon athletica inc. (NASDAQ:LULU) by 90.1% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 27,515 shares of the apparel retailer’s stock after selling 250,000 shares during the quarter. Mizuho Markets Americas LLC’s holdings in lululemon athletica were worth $4,213,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Swiss Life Asset Management Ltd raised its position in shares of lululemon athletica by 53.1% during the fourth quarter. Swiss Life Asset Management Ltd now owns 68,093 shares of the apparel retailer’s stock worth $14,150,000 after acquiring an additional 23,623 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its holdings in lululemon athletica by 46.6% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 25,594 shares of the apparel retailer’s stock valued at $5,319,000 after acquiring an additional 8,134 shares during the last quarter. Rayburn West Financial Services LLC bought a new stake in lululemon athletica in the fourth quarter valued at approximately $3,536,000. Gateway Investment Advisers LLC increased its position in lululemon athletica by 60.0% during the 4th quarter. Gateway Investment Advisers LLC now owns 45,062 shares of the apparel retailer’s stock valued at $9,364,000 after purchasing an additional 16,901 shares during the period. Finally, MUFG Securities EMEA plc increased its position in lululemon athletica by 9,695.1% during the 4th quarter. MUFG Securities EMEA plc now owns 204,424 shares of the apparel retailer’s stock valued at $42,481,000 after purchasing an additional 202,337 shares during the period. Hedge funds and other institutional investors own 85.20% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on LULU shares. Evercore dropped their price target on shares of lululemon athletica from $175.00 to $130.00 in a research report on Wednesday, June 3rd. Truist Financial lowered shares of lululemon athletica from a “hold” rating to a “sell” rating and dropped their target price for the company from $115.00 to $94.00 in a report on Thursday, July 16th. Barclays lowered their price objective on 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. Stifel Nicolaus dropped their price objective on lululemon athletica from $176.00 to $134.00 and set a “hold” rating on the stock in a research note on Friday, June 5th. Finally, Daiwa Securities Group decreased their target price on lululemon athletica from $173.00 to $120.00 and set a “neutral” rating for the company in a research note on Tuesday, June 9th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twenty-four have assigned a Hold rating and six have given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus price target of $148.35.

Insider Buying and Selling

In other news, Director Charles V. Bergh purchased 4,275 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The shares were acquired at an average cost of $117.05 per share, with a total value of $500,388.75. Following the purchase, the director owned 10,365 shares in the company, valued at $1,213,223.25. This represents a 70.20% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.54% of the stock is owned by insiders.

lululemon athletica Trading Down 2.4%

NASDAQ:LULU opened at $110.63 on Friday. lululemon athletica inc. has a 12 month low of $104.44 and a 12 month high of $225.98. The stock has a market capitalization of $13.13 billion, a price-to-earnings ratio of 8.93, a PEG ratio of 3.71 and a beta of 0.88. The firm has a fifty day simple moving average of $118.83 and a two-hundred day simple moving average of $151.39.

lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings data on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share 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 analyst estimates of $2.44 billion. lululemon athletica had a net margin of 13.03% and a return on equity of 31.26%. The business’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same quarter in the prior year, the business 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. Equities analysts predict that lululemon athletica inc. will post 10.94 earnings per share for the current fiscal 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.