Oppenheimer Asset Management Inc. Makes New $4.26 Million Investment in lululemon athletica inc. $LULU

Oppenheimer Asset Management Inc. bought a new stake in lululemon athletica inc. (NASDAQ:LULU) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 37,337 shares of the apparel retailer’s stock, valued at approximately $4,263,000.

Other large investors also recently modified their holdings of the company. Swiss Life Asset Management Ltd raised its stake in shares of lululemon athletica by 53.1% during the 4th quarter. Swiss Life Asset Management Ltd now owns 68,093 shares of the apparel retailer’s stock worth $14,150,000 after purchasing an additional 23,623 shares in the last quarter. Rayburn West Financial Services LLC bought a new position in shares of lululemon athletica in the 4th quarter valued at about $3,536,000. Gateway Investment Advisers LLC increased its stake in shares of lululemon athletica by 60.0% during the 4th quarter. Gateway Investment Advisers LLC now owns 45,062 shares of the apparel retailer’s stock worth $9,364,000 after purchasing an additional 16,901 shares during the last quarter. MUFG Securities EMEA plc raised its holdings in shares of lululemon athletica by 9,695.1% in the 4th quarter. MUFG Securities EMEA plc now owns 204,424 shares of the apparel retailer’s stock valued at $42,481,000 after purchasing an additional 202,337 shares during the period. Finally, United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new stake in lululemon athletica in the 4th quarter valued at about $13,989,000. 85.20% of the stock is currently owned by institutional investors and hedge funds.

lululemon athletica Stock Down 0.0%

LULU stock opened at $119.55 on Friday. The firm has a market cap of $14.19 billion, a P/E ratio of 9.65, a P/E/G ratio of 3.92 and a beta of 0.86. The company’s 50-day moving average price is $117.57 and its two-hundred day moving average price is $142.59. lululemon athletica inc. has a 12 month low of $104.44 and a 12 month high of $225.98.

lululemon athletica (NASDAQ:LULU) last announced 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. lululemon athletica had a net margin of 13.03% and a return on equity of 31.26%. The business had revenue of $2.47 billion for the quarter, compared to analysts’ expectations of $2.44 billion. During the same period last year, the firm posted $2.60 earnings per share. The firm’s quarterly revenue was up 4.3% compared to the same quarter last year. 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 analysts predict that lululemon athletica inc. will post 10.93 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Needham & Company LLC reissued a “hold” rating on shares of lululemon athletica in a research report on Friday, June 5th. Barclays cut their price objective on lululemon athletica from $161.00 to $113.00 and set an “equal weight” rating for the company in a research report on Friday, June 5th. BTIG Research cut shares of lululemon athletica from a “buy” rating to a “neutral” rating in a research report on Friday, June 5th. Robert W. Baird cut 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. Finally, Truist Financial cut lululemon athletica from a “hold” rating to a “sell” rating and dropped their price target for the stock from $115.00 to $94.00 in a report on Thursday, July 16th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twenty-four have given a Hold rating and six have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus target price of $148.54.

Insider Activity at lululemon athletica

In other lululemon athletica news, Director Charles V. Bergh acquired 4,275 shares of the company’s stock in a transaction that occurred on 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 transaction, the director directly owned 10,365 shares in the company, valued at $1,213,223.25. This represents a 70.20% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.54% of the company’s stock.

lululemon athletica 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.