Handelsbanken Fonder AB Raises Stake in lululemon athletica inc. $LULU

Handelsbanken Fonder AB boosted its holdings in shares of lululemon athletica inc. (NASDAQ:LULU) by 27.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 86,446 shares of the apparel retailer’s stock after buying an additional 18,390 shares during the quarter. Handelsbanken Fonder AB owned 0.07% of lululemon athletica worth $9,870,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Geode Capital Management LLC lifted its stake in shares of lululemon athletica by 2.4% in the 4th quarter. Geode Capital Management LLC now owns 3,049,911 shares of the apparel retailer’s stock valued at $631,526,000 after purchasing an additional 71,464 shares during the period. Invesco Ltd. increased its holdings in lululemon athletica by 28.7% in the third quarter. Invesco Ltd. now owns 2,200,552 shares of the apparel retailer’s stock valued at $391,544,000 after buying an additional 490,127 shares in the last quarter. Morgan Stanley increased its holdings in lululemon athletica by 2.8% in the fourth quarter. Morgan Stanley now owns 2,197,158 shares of the apparel retailer’s stock valued at $456,592,000 after buying an additional 59,282 shares in the last quarter. Norges Bank acquired a new position in shares of lululemon athletica in the fourth quarter worth about $362,598,000. Finally, Boston Partners acquired a new position in shares of lululemon athletica in the fourth quarter worth about $304,875,000. 85.20% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have commented on LULU shares. Daiwa Securities Group dropped their price objective on lululemon athletica from $173.00 to $120.00 and set a “neutral” rating on the stock in a report on Tuesday, June 9th. BNP Paribas Exane lowered lululemon athletica from a “neutral” rating to an “underperform” rating and set a $88.00 target price on the stock. in a research report on Friday, June 5th. JPMorgan Chase & Co. lifted their price target on shares of lululemon athletica from $149.00 to $154.00 and gave the company a “neutral” rating in a research note on Tuesday, August 4th. Needham & Company LLC reissued a “hold” rating on shares of lululemon athletica in a report on Friday, June 5th. Finally, Evercore reduced their price objective on shares of lululemon athletica from $175.00 to $130.00 in a research report on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twenty-four have assigned a Hold rating and six have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Reduce” and a consensus target price of $148.54.

lululemon athletica Price Performance

NASDAQ LULU opened at $119.56 on Friday. The stock’s 50 day simple moving average is $117.46 and its 200-day simple moving average is $142.76. The company has a market cap of $14.19 billion, a PE ratio of 9.65, a price-to-earnings-growth ratio of 3.96 and a beta of 0.86. lululemon athletica inc. has a 1-year low of $104.44 and a 1-year high of $225.98.

lululemon athletica (NASDAQ:LULU) last issued its quarterly earnings results on Thursday, June 4th. The apparel retailer reported $1.69 EPS for the quarter, topping the consensus estimate of $1.67 by $0.02. The firm had revenue of $2.47 billion during the quarter, compared to analysts’ expectations of $2.44 billion. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.The firm’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same period in the previous 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. On average, equities research analysts anticipate that lululemon athletica inc. will post 10.93 EPS for the current fiscal year.

Insider Activity at lululemon athletica

In other lululemon athletica news, Director Charles V. Bergh bought 4,275 shares of lululemon athletica stock in a transaction dated Monday, June 15th. The stock was acquired at an average cost of $117.05 per share, for a total transaction of $500,388.75. Following the completion of the transaction, the director directly owned 10,365 shares of the company’s stock, valued at approximately $1,213,223.25. This represents a 70.20% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.54% of the stock is owned by company insiders.

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.