VIRGINIA RETIREMENT SYSTEMS ET Al Buys Shares of 16,150 lululemon athletica inc. $LULU

VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in lululemon athletica inc. (NASDAQ:LULU) during the 2nd quarter, Holdings Channel reports. The fund bought 16,150 shares of the apparel retailer’s stock, valued at approximately $1,844,000.

Several other institutional investors also recently modified their holdings of the business. California State Teachers Retirement System raised its stake in shares of lululemon athletica by 10,065.8% during the second quarter. California State Teachers Retirement System now owns 17,180,893 shares of the apparel retailer’s stock worth $1,961,714,000 after buying an additional 17,011,886 shares during the last quarter. BlackRock Inc. bought a new position in lululemon athletica in the second quarter valued at approximately $1,010,565,000. Flossbach Von Storch SE acquired a new stake in lululemon athletica during the 2nd quarter worth $207,392,000. Norges Bank acquired a new stake in lululemon athletica during the 4th quarter worth $362,598,000. Finally, Boston Partners bought a new stake in shares of lululemon athletica during the 4th quarter valued at $304,875,000. Institutional investors and hedge funds own 85.20% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on LULU shares. Zacks Research raised lululemon athletica from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 19th. Needham & Company LLC reissued a “hold” rating on shares of lululemon athletica in a research note on Friday, September 4th. Citigroup decreased their target price on lululemon athletica from $130.00 to $117.00 and set a “neutral” rating for the company in a research report on Wednesday. Weiss Ratings upgraded shares of lululemon athletica from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, September 4th. Finally, BTIG Research restated a “neutral” rating on shares of lululemon athletica in a report on Friday, September 4th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Hold rating and six have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Reduce” and an average target price of $111.54.

Insider Transactions at lululemon athletica

In related news, Director Charles Bergh bought 4,275 shares of the company’s stock in a transaction on Monday, June 15th. The shares were purchased at an average cost 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 approximately $1,213,223.25. This represents a 70.20% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.54% of the company’s stock.

Key Stories Impacting lululemon athletica

Here are the key news stories impacting lululemon athletica this week:

• Positive Sentiment: Investor Michael Burry described lululemon as a potential “generational buying opportunity” below $100, arguing that the market may be overreacting to the company’s recent weakness. Cramer and Burry on Lululemon
• Positive Sentiment: The stock’s low valuation and decline toward its 52-week low may be attracting contrarian investors, despite concerns about slowing sales.
• Neutral Sentiment: Multiple law firms announced investigations into potential securities-law violations related to lululemon’s growth outlook and business condition. The announcements are investor solicitations and do not establish wrongdoing. LULU investor investigation
• Negative Sentiment: Analyst sentiment deteriorated: BMO initiated coverage with an Underperform rating and a $70 target, while Citigroup lowered its expectations. Analysts cited weakening demand in North America and China, margin pressure, and uncertainty around fiscal 2027. Analyst downgrades
• Negative Sentiment: The key fundamental issue remains the reduced FY2026 revenue outlook of $10.35 billion to $10.50 billion, down approximately $650 million at the midpoint, with third-quarter revenue expected to decline 10% to 11%. Revenue also fell 4% year over year in the latest quarter. LULU outlook reduction

lululemon athletica Trading Up 2.2%

LULU stock opened at $98.97 on Friday. lululemon athletica inc. has a 1-year low of $95.67 and a 1-year high of $225.98. The firm has a market cap of $11.74 billion, a PE ratio of 8.11, a P/E/G ratio of 2.47 and a beta of 0.87. The business’s 50-day moving average price is $116.77 and its two-hundred day moving average price is $133.51.

lululemon athletica (NASDAQ:LULU) last released its quarterly earnings results on Thursday, September 3rd. The apparel retailer reported $2.92 EPS for the quarter, topping analysts’ consensus estimates of $1.79 by $1.13. lululemon athletica had a return on equity of 27.69% and a net margin of 12.78%.The company had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.46 billion. During the same quarter last year, the firm posted $3.10 earnings per share. lululemon athletica’s revenue was down 4.3% compared to the same quarter last year. lululemon athletica has set its FY 2026 guidance at 9.480-9.730 EPS and its Q3 2026 guidance at 0.930-0.980 EPS. On average, analysts forecast that lululemon athletica inc. will post 8.91 earnings per share for the current year.

About lululemon athletica

lululemon athletica inc. is a designer, distributor and retailer of athletic apparel, footwear and accessories. The company’s products are developed for activities including yoga, running, training, tennis and other forms of exercise, as well as everyday use. Its offerings include leggings, tops, shorts, outerwear, footwear, bags and fitness accessories for women and men.

Founded in 1998 in Vancouver, British Columbia, lululemon began as a yoga-focused apparel company and has expanded into a broader performance and lifestyle brand.