Independent Financial Group LLC Invests $790,000 in lululemon athletica inc. $LULU

Independent Financial Group LLC bought a new stake in lululemon athletica inc. (NASDAQ:LULU) in the 1st quarter, Holdings Channel.com reports. The firm bought 5,160 shares of the apparel retailer’s stock, valued at approximately $790,000.

A number of other large investors have also recently made changes to their positions in the company. NorthRock Partners LLC grew its stake in lululemon athletica by 4.2% during the 3rd quarter. NorthRock Partners LLC now owns 1,553 shares of the apparel retailer’s stock worth $276,000 after buying an additional 62 shares during the last quarter. Murphy & Mullick Capital Management Corp boosted its holdings in shares of lululemon athletica by 4.3% in the first quarter. Murphy & Mullick Capital Management Corp now owns 1,578 shares of the apparel retailer’s stock valued at $242,000 after acquiring an additional 65 shares during the period. IHT Wealth Management LLC boosted its holdings in shares of lululemon athletica by 1.7% in the second quarter. IHT Wealth Management LLC now owns 4,276 shares of the apparel retailer’s stock valued at $1,016,000 after acquiring an additional 73 shares during the period. Capital Advisors Ltd. LLC grew its position in shares of lululemon athletica by 27.4% during the fourth quarter. Capital Advisors Ltd. LLC now owns 363 shares of the apparel retailer’s stock worth $75,000 after acquiring an additional 78 shares during the last quarter. Finally, GW&K Investment Management LLC increased its holdings 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 acquiring an additional 78 shares during the period. 85.20% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Charles V. Bergh purchased 4,275 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were acquired at an average cost of $117.05 per share, for a total transaction of $500,388.75. Following the completion of the purchase, the director directly owned 10,365 shares in the company, valued at $1,213,223.25. The trade was a 70.20% increase in their position. The transaction 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.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Evercore decreased their price target on shares of lululemon athletica from $175.00 to $130.00 in a research note on Wednesday, June 3rd. Bank of America dropped their price objective on shares of lululemon athletica from $175.00 to $140.00 and set a “neutral” rating on the stock in a research note on Friday, June 5th. BTIG Research cut shares of lululemon athletica from a “buy” rating to a “neutral” rating in a report on Friday, June 5th. Robert W. Baird decreased their target price on shares of lululemon athletica from $170.00 to $140.00 and set a “neutral” rating for the company in a research note on Friday, June 5th. Finally, BNP Paribas Exane lowered lululemon athletica from a “neutral” rating to an “underperform” rating and set a $88.00 price target on the stock. in a report on Friday, June 5th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twenty-four have issued a Hold rating and six have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and an average price target of $148.35.

lululemon athletica Price Performance

Shares of NASDAQ LULU opened at $116.63 on Wednesday. The stock has a fifty day moving average price of $119.19 and a 200 day moving average price of $152.76. lululemon athletica inc. has a 1-year low of $104.44 and a 1-year high of $226.24. The company has a market cap of $13.84 billion, a PE ratio of 9.41, a P/E/G ratio of 3.82 and a beta of 0.88.

lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings data 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 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%. lululemon athletica’s revenue was up 4.3% compared to the same quarter last year. During the same period in the previous year, the company 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. Analysts anticipate 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.