Rockland Trust Co. Raises Holdings in lululemon athletica inc. $LULU

Rockland Trust Co. boosted its position in lululemon athletica inc. (NASDAQ:LULUFree Report) by 13.2% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 117,733 shares of the apparel retailer’s stock after purchasing an additional 13,733 shares during the quarter. Rockland Trust Co. owned about 0.10% of lululemon athletica worth $13,443,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in LULU. Integrated Financial Solutions Inc. purchased a new stake in shares of lululemon athletica during the fourth quarter worth $26,000. Uniplan Investment Counsel Inc. acquired a new stake in lululemon athletica in the 4th quarter valued at about $26,000. Elyxium Wealth LLC purchased a new position in lululemon athletica in the 4th quarter worth approximately $31,000. Rexford Capital Inc. purchased a new position in lululemon athletica in the 1st quarter worth approximately $31,000. Finally, DV Equities LLC acquired a new position in shares of lululemon athletica during the 4th quarter worth approximately $31,000. Hedge funds and other institutional investors own 85.20% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on LULU. UBS Group cut their price target on lululemon athletica from $153.00 to $124.00 and set a “neutral” rating for the company in a report on Sunday, June 7th. Deutsche Bank Aktiengesellschaft lowered their price objective on lululemon athletica from $171.00 to $127.00 and set a “hold” rating on the stock in a research note on Monday, June 8th. Piper Sandler dropped their target price on lululemon athletica from $130.00 to $110.00 and set a “neutral” rating for the company in a report on Friday, June 5th. Freedom Capital raised lululemon athletica from a “strong sell” rating to a “hold” rating in a research note on Friday, June 5th. Finally, Weiss Ratings upgraded lululemon athletica from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twenty-four have given a Hold rating and six have issued a Sell rating to the stock. According to MarketBeat, lululemon athletica currently has an average rating of “Reduce” and an average target price of $148.54.

Read Our Latest Stock Report on LULU

Insider Buying and Selling at lululemon athletica

In other lululemon athletica news, Director Charles V. Bergh acquired 4,275 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was purchased at an average cost of $117.05 per share, with a total value of $500,388.75. Following the transaction, the director owned 10,365 shares of the company’s stock, valued at $1,213,223.25. This trade represents a 70.20% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.54% of the company’s stock.

lululemon athletica Stock Performance

LULU stock opened at $128.58 on Friday. The firm has a market cap of $15.26 billion, a PE ratio of 10.38, a PEG ratio of 4.09 and a beta of 0.86. The firm’s 50 day moving average price is $117.77 and its 200-day moving average price is $145.06. lululemon athletica inc. has a one year low of $104.44 and a one year high of $225.98.

lululemon athletica (NASDAQ:LULUGet Free Report) last released its quarterly earnings data on Thursday, June 4th. The apparel retailer reported $1.69 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 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 quarterly revenue was up 4.3% on a year-over-year basis. During the same period in the prior year, the firm posted $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. Equities research analysts predict that lululemon athletica inc. will post 10.93 EPS for the current fiscal year.

lululemon athletica Company Profile

(Free Report)

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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Institutional Ownership by Quarter for lululemon athletica (NASDAQ:LULU)

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