lululemon athletica inc. $LULU Stock Position Trimmed by Thor Investment Management Inc. OH ADV

Thor Investment Management Inc. OH ADV decreased its position in lululemon athletica inc. (NASDAQ:LULU) by 27.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,003 shares of the apparel retailer’s stock after selling 6,041 shares during the quarter. lululemon athletica accounts for about 0.9% of Thor Investment Management Inc. OH ADV’s investment portfolio, making the stock its 25th largest holding. Thor Investment Management Inc. OH ADV’s holdings in lululemon athletica were worth $1,539,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in LULU. BlackRock Inc. acquired a new position in shares of lululemon athletica during the second quarter worth $1,010,565,000. Flossbach Von Storch SE purchased a new position in shares of lululemon athletica in the second quarter valued at $207,392,000. Legal & General Group Plc acquired a new stake in lululemon athletica during the 2nd quarter valued at $100,660,000. Bank of America Corp DE grew its holdings in lululemon athletica by 17.6% during the 1st quarter. Bank of America Corp DE now owns 846,381 shares of the apparel retailer’s stock valued at $129,581,000 after purchasing an additional 126,917 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in lululemon athletica by 0.6% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 821,585 shares of the apparel retailer’s stock worth $93,809,000 after buying an additional 4,901 shares in the last quarter. Hedge funds and other institutional investors own 85.20% of the company’s stock.

lululemon athletica Stock Performance

Shares of lululemon athletica stock traded down $0.32 during trading on Tuesday, reaching $94.34. The company had a trading volume of 2,759,479 shares, compared to its average volume of 3,684,187. The firm’s fifty day moving average is $107.91 and its 200-day moving average is $122.14. lululemon athletica inc. has a fifty-two week low of $90.38 and a fifty-two week high of $225.98. The company has a market cap of $10.93 billion, a price-to-earnings ratio of 7.73, a price-to-earnings-growth ratio of 2.25 and a beta of 0.92.

lululemon athletica (NASDAQ:LULU) last issued its quarterly earnings results on Thursday, September 3rd. The apparel retailer reported $2.92 earnings per share for the quarter, beating analysts’ consensus estimates of $1.79 by $1.13. The business had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.46 billion. lululemon athletica had a return on equity of 27.69% and a net margin of 12.78%. The business’s quarterly revenue was down 4.3% on a year-over-year basis. During the same period in the previous year, the business earned $3.10 EPS. 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, research analysts anticipate that lululemon athletica inc. will post 9.55 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on LULU. The Goldman Sachs Group decreased their price objective on shares of lululemon athletica from $111.00 to $95.00 and set a “neutral” rating for the company in a research report on Friday, September 4th. JPMorgan Chase & Co. dropped their target price on lululemon athletica from $154.00 to $95.00 and set a “neutral” rating on the stock in a research report on Friday, September 4th. Piper Sandler cut their price target on lululemon athletica from $110.00 to $80.00 and set a “neutral” rating on the stock in a research note on Friday, September 4th. Wells Fargo & Company cut their price target on lululemon athletica from $105.00 to $95.00 and set an “equal weight” rating on the stock in a research note on Friday, September 4th. Finally, Morgan Stanley reduced their price target on lululemon athletica from $93.00 to $83.00 and set an “underweight” rating for the company in a report on Friday, September 4th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Hold rating and seven have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average price target of $106.86.

lululemon athletica Profile

lululemon athletica inc. is a Canada-based athletic apparel, footwear and accessories company known for products designed for yoga, running, training, tennis and other active pursuits. Its offerings include leggings, shorts, tops, jackets, sports bras, footwear, bags and related accessories for women and men.

Founded in Vancouver, British Columbia, in 1998, lululemon began as a yoga-focused apparel retailer and has expanded into a broader global athletic and lifestyle brand. The company sells products through its own retail stores, e-commerce platforms and selected wholesale channels.

lululemon serves customers across North America, Asia-Pacific, Europe and other international markets.