California State Teachers Retirement System Trims Holdings in lululemon athletica inc. $LULU

California State Teachers Retirement System decreased its position in shares of lululemon athletica inc. (NASDAQ:LULU) by 3.0% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 169,007 shares of the apparel retailer’s stock after selling 5,209 shares during the period. California State Teachers Retirement System’s holdings in lululemon athletica were worth $25,875,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the company. Norges Bank bought a new position in shares of lululemon athletica in the fourth quarter worth approximately $362,598,000. Boston Partners purchased a new stake in shares of lululemon athletica in the fourth quarter worth $304,875,000. Invesco Ltd. raised its position in shares of lululemon athletica by 28.7% during the 3rd quarter. Invesco Ltd. now owns 2,200,552 shares of the apparel retailer’s stock valued at $391,544,000 after purchasing an additional 490,127 shares during the period. Goldman Sachs Group Inc. raised its position in shares of lululemon athletica by 77.3% during the 4th quarter. Goldman Sachs Group Inc. now owns 979,054 shares of the apparel retailer’s stock valued at $203,457,000 after purchasing an additional 426,860 shares during the period. Finally, Contrarius Group Holdings Ltd purchased a new position in shares of lululemon athletica during the 4th quarter valued at $86,441,000. Hedge funds and other institutional investors own 85.20% of the company’s stock.

lululemon athletica Stock Performance

LULU opened at $118.87 on Friday. The stock has a market capitalization of $14.11 billion, a price-to-earnings ratio of 9.59, a PEG ratio of 3.89 and a beta of 0.88. lululemon athletica inc. has a fifty-two week low of $104.44 and a fifty-two week high of $225.98. The company has a fifty day moving average of $118.27 and a 200 day moving average of $147.91.

lululemon athletica (NASDAQ:LULU) last released its quarterly earnings data on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.67 by $0.02. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.The business had revenue of $2.47 billion for the quarter, compared to the consensus estimate of $2.44 billion. During the same quarter in the previous year, the company posted $2.60 EPS. The company’s revenue 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. On average, equities research analysts forecast that lululemon athletica inc. will post 10.94 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Charles V. Bergh bought 4,275 shares of the stock in a transaction dated Monday, June 15th. The stock was purchased at an average price of $117.05 per share, for a total transaction of $500,388.75. Following the acquisition, the director owned 10,365 shares of the company’s stock, valued at $1,213,223.25. The trade was a 70.20% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.54% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Freedom Capital raised shares of lululemon athletica from a “strong sell” rating to a “hold” rating in a report on Friday, June 5th. Citigroup decreased their price target on lululemon athletica from $185.00 to $130.00 and set a “neutral” rating on the stock in a report on Tuesday, June 9th. Evercore lowered their price objective on lululemon athletica from $175.00 to $130.00 in a research report on Wednesday, June 3rd. BTIG Research lowered lululemon athletica from a “buy” rating to a “neutral” rating in a research note on Friday, June 5th. Finally, Deutsche Bank Aktiengesellschaft cut their target price on lululemon athletica from $171.00 to $127.00 and set a “hold” rating for the company in a research report on Monday, June 8th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twenty-four have given a Hold rating and six have issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Reduce” and a consensus price target of $148.35.

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.