Kerrisdale Advisers LLC acquired a new stake in shares of lululemon athletica inc. (NASDAQ:LULU – Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 16,905 shares of the apparel retailer’s stock, valued at approximately $1,930,000.
Several other hedge funds and other institutional investors have also made changes to their positions in LULU. NorthRock Partners LLC boosted its stake in shares of 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 purchasing an additional 62 shares during the period. Murphy & Mullick Capital Management Corp boosted its position in shares of lululemon athletica by 4.3% during the first quarter. Murphy & Mullick Capital Management Corp now owns 1,578 shares of the apparel retailer’s stock valued at $242,000 after buying an additional 65 shares during the period. IHT Wealth Management LLC grew its stake in shares of lululemon athletica by 1.7% during the second quarter. IHT Wealth Management LLC now owns 4,276 shares of the apparel retailer’s stock valued at $1,016,000 after buying an additional 73 shares during the last quarter. GW&K Investment Management LLC raised its holdings in shares of lululemon athletica by 70.3% in the fourth quarter. GW&K Investment Management LLC now owns 189 shares of the apparel retailer’s stock worth $39,000 after buying an additional 78 shares during the period. Finally, Golden State Wealth Management LLC lifted its stake in shares of lululemon athletica by 43.6% during the 4th quarter. Golden State Wealth Management LLC now owns 280 shares of the apparel retailer’s stock worth $58,000 after acquiring an additional 85 shares during the last quarter. Hedge funds and other institutional investors own 85.20% of the company’s stock.
Wall Street Analyst Weigh In
Several brokerages have commented on LULU. Sanford C. Bernstein cut their price objective on lululemon athletica from $170.00 to $145.00 and set a “market perform” rating on the stock in a research report on Wednesday, June 3rd. Zacks Research raised shares of lululemon athletica from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 19th. Stifel Nicolaus cut their price target on shares of lululemon athletica from $176.00 to $134.00 and set a “hold” rating on the stock in a report on Friday, June 5th. Piper Sandler decreased their price objective on shares of lululemon athletica from $130.00 to $110.00 and set a “neutral” rating for the company in a report on Friday, June 5th. Finally, Robert W. Baird lowered their price objective on shares of lululemon athletica from $170.00 to $140.00 and set a “neutral” rating for the company in a research report on Friday, June 5th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twenty-five have assigned a Hold rating and five have issued a Sell rating to the company’s stock. According to MarketBeat.com, lululemon athletica currently has a consensus rating of “Reduce” and a consensus target price of $148.38.
Insider Buying and Selling at lululemon athletica
In related news, Director Charles V. Bergh acquired 4,275 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The shares were bought at an average price of $117.05 per share, with a total value of $500,388.75. Following the completion of the transaction, the director directly owned 10,365 shares in the company, valued at $1,213,223.25. This trade represents a 70.20% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.54% of the stock is owned by company insiders.
lululemon athletica Stock Performance
NASDAQ:LULU opened at $120.81 on Monday. lululemon athletica inc. has a one year low of $104.44 and a one year high of $225.98. The firm has a market cap of $14.34 billion, a P/E ratio of 9.75, a P/E/G ratio of 3.96 and a beta of 0.86. The firm has a 50-day simple moving average of $117.94 and a 200-day simple moving average of $138.18.
lululemon athletica (NASDAQ:LULU – Get Free Report) last released its quarterly earnings data on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.67 by $0.02. The firm had revenue of $2.47 billion for the quarter, compared to the consensus estimate of $2.44 billion. lululemon athletica had a net margin of 13.03% and a return on equity of 31.26%. The company’s quarterly revenue was up 4.3% on a year-over-year basis. During the same period last year, the firm 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, research analysts predict that lululemon athletica inc. will post 10.93 EPS for the current fiscal year.
Key Stories Impacting lululemon athletica
Here are the key news stories impacting lululemon athletica this week:
- Positive Sentiment: Several earnings previews highlight lululemon’s strong history of exceeding analyst estimates and suggest the company has favorable conditions for another quarterly beat. International growth and momentum from the Power of Three ×2 strategy are expected to support results. Will Lululemon Beat Estimates Again in Its Next Earnings Report?
- Positive Sentiment: The upcoming report is expected to benefit from continued international expansion and execution of Power of Three ×2. A better-than-expected release could reinforce the recent improvement in investor sentiment around LULU. lululemon Q2 Earnings Upcoming: Is It Likely to Surprise Investors?
- Neutral Sentiment: lululemon is scheduled to report quarterly results Thursday. Investors will likely focus on sales growth, international performance, margins and management’s outlook. The company’s previous quarter modestly exceeded consensus estimates, while full-year earnings guidance remains a key benchmark.
- Neutral Sentiment: Next week’s U.S. jobs report and other economic data could influence interest-rate expectations and broader consumer and retail stocks, potentially affecting LULU independently of its earnings fundamentals. The Week Ahead: August Jobs Report Takes Center Stage
- Negative Sentiment: Analysts expect North American softness and margin pressure to weigh on the quarter, creating execution risk even if international operations perform well. lululemon Q2 Earnings Upcoming: Is It Likely to Surprise Investors?
- Negative Sentiment: UBS issued a pessimistic forecast for LULU, while a separate analyst downgrade previously pressured the shares. These actions signal continued concerns about valuation, growth durability and the company’s near-term outlook. UBS Group Issues Pessimistic Forecast for lululemon athletica Stock Price lululemon Shares Gap Down on Analyst Downgrade
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.
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