KMG Fiduciary Partners LLC Makes New Investment in lululemon athletica inc. $LULU

KMG Fiduciary Partners LLC bought a new stake in lululemon athletica inc. (NASDAQ:LULU) during the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 11,828 shares of the apparel retailer’s stock, valued at approximately $1,351,000.

A number of other hedge funds have also made changes to their positions in LULU. Geode Capital Management LLC raised its stake in shares of lululemon athletica by 2.4% during the 4th quarter. Geode Capital Management LLC now owns 3,049,911 shares of the apparel retailer’s stock worth $631,526,000 after buying an additional 71,464 shares during the last quarter. Invesco Ltd. grew its stake in lululemon athletica by 28.7% in the 3rd quarter. Invesco Ltd. now owns 2,200,552 shares of the apparel retailer’s stock valued at $391,544,000 after acquiring an additional 490,127 shares during the last quarter. Morgan Stanley increased its holdings in lululemon athletica by 2.8% during the 4th quarter. Morgan Stanley now owns 2,197,158 shares of the apparel retailer’s stock valued at $456,592,000 after acquiring an additional 59,282 shares in the last quarter. Norges Bank purchased a new position in lululemon athletica during the 4th quarter valued at about $362,598,000. Finally, Boston Partners acquired a new position in lululemon athletica during the fourth quarter worth about $304,875,000. Hedge funds and other institutional investors own 85.20% of the company’s stock.

Analysts Set New Price Targets

LULU has been the topic of several research reports. Citigroup lowered their price target on shares of lululemon athletica from $185.00 to $130.00 and set a “neutral” rating on the stock in a research report on Tuesday, June 9th. UBS Group cut their price objective on lululemon athletica from $153.00 to $124.00 and set a “neutral” rating for the company in a research report on Sunday, June 7th. Robert W. Baird reduced their target price on lululemon athletica from $170.00 to $140.00 and set a “neutral” rating on the stock in a research note on Friday, June 5th. Daiwa Securities Group lowered their target price on lululemon athletica from $173.00 to $120.00 and set a “neutral” rating on the stock in a report on Tuesday, June 9th. Finally, Barclays dropped their price target 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. 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 assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus price target of $148.54.

Insider Buying and Selling at lululemon athletica

In related news, Director Charles V. Bergh acquired 4,275 shares of the business’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 acquisition, the director directly owned 10,365 shares in the company, valued at approximately $1,213,223.25. The trade was a 70.20% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.54% of the stock is currently owned by insiders.

lululemon athletica Stock Down 0.6%

Shares of NASDAQ:LULU opened at $127.80 on Tuesday. The company has a market cap of $15.17 billion, a P/E ratio of 10.31, a P/E/G ratio of 4.22 and a beta of 0.86. The business has a fifty day simple moving average of $117.69 and a 200-day simple moving average of $144.23. lululemon athletica inc. has a 52 week low of $104.44 and a 52 week high of $225.98.

lululemon athletica (NASDAQ:LULU) last released its earnings results on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share for the quarter, topping the consensus estimate of $1.67 by $0.02. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.The firm had revenue of $2.47 billion for the quarter, compared to the consensus estimate of $2.44 billion. During the same period in the prior year, the business posted $2.60 earnings per share. The firm’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. Sell-side analysts expect that lululemon athletica inc. will post 10.93 earnings per share for the current fiscal year.

lululemon athletica 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.