4,180 Shares in lululemon athletica inc. $LULU Purchased by Burnham & Co LLC

Burnham & Co LLC acquired a new stake in lululemon athletica inc. (NASDAQ:LULU) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 4,180 shares of the apparel retailer’s stock, valued at approximately $477,000.

A number of other hedge funds have also made changes to their positions in LULU. BlackRock Inc. acquired a new position in shares of lululemon athletica during the 2nd quarter valued at $1,010,565,000. Geode Capital Management LLC lifted its holdings in shares of lululemon athletica by 2.4% in the fourth quarter. Geode Capital Management LLC now owns 3,049,911 shares of the apparel retailer’s stock valued at $631,526,000 after buying an additional 71,464 shares during the period. Invesco Ltd. lifted its holdings in shares of lululemon athletica by 28.7% in the third quarter. Invesco Ltd. now owns 2,200,552 shares of the apparel retailer’s stock valued at $391,544,000 after buying an additional 490,127 shares during the period. Morgan Stanley boosted its stake in lululemon athletica by 2.8% during the fourth quarter. Morgan Stanley now owns 2,197,158 shares of the apparel retailer’s stock valued at $456,592,000 after buying an additional 59,282 shares in the last quarter. Finally, Flossbach Von Storch SE bought a new position in lululemon athletica during the second quarter valued at about $207,392,000. Institutional investors and hedge funds own 85.20% of the company’s stock.

Insider Buying and Selling

In related news, Director Charles V. Bergh bought 4,275 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was acquired at an average price of $117.05 per share, for a total transaction of $500,388.75. Following the transaction, the director directly owned 10,365 shares of the company’s stock, valued at $1,213,223.25. This represents a 70.20% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.54% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

LULU has been the subject of a number of research analyst reports. Weiss Ratings raised shares of lululemon athletica from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, August 5th. Daiwa Securities Group dropped their target price on shares of lululemon athletica from $173.00 to $120.00 and set a “neutral” rating on the stock in a report on Tuesday, June 9th. Bank of America cut their target price on shares of lululemon athletica from $175.00 to $140.00 and set a “neutral” rating for the company in a research note on Friday, June 5th. Barclays reduced their target price on shares of lululemon athletica from $161.00 to $113.00 and set an “equal weight” rating for the company in a report on Friday, June 5th. Finally, JPMorgan Chase & Co. lifted their price target on shares of lululemon athletica from $149.00 to $154.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twenty-five have assigned a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat, lululemon athletica presently has an average rating of “Reduce” and an average price target of $148.54.

lululemon athletica Stock Up 4.7%

Shares of NASDAQ:LULU opened at $121.07 on Friday. The business has a 50 day moving average price of $117.42 and a 200 day moving average price of $140.39. lululemon athletica inc. has a twelve month low of $104.44 and a twelve month high of $225.98. The company has a market cap of $14.37 billion, a price-to-earnings ratio of 9.77, a PEG ratio of 3.79 and a beta of 0.86.

lululemon athletica (NASDAQ:LULU) last released its earnings results on Thursday, June 4th. The apparel retailer reported $1.69 EPS for the quarter, beating the consensus estimate of $1.67 by $0.02. lululemon athletica had a net margin of 13.03% and a return on equity of 31.26%. The firm had revenue of $2.47 billion during the quarter, compared to analysts’ expectations of $2.44 billion. During the same period in the prior year, the company earned $2.60 EPS. The business’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. Analysts anticipate that lululemon athletica inc. will post 10.93 EPS for the current year.

lululemon athletica Company 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.