Delta Global Management LP Invests $2.08 Million in lululemon athletica inc. $LULU

Delta Global Management LP purchased a new stake in shares of lululemon athletica inc. (NASDAQ:LULU) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 13,576 shares of the apparel retailer’s stock, valued at approximately $2,078,000.

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

Insiders Place Their Bets

In other news, Director Charles V. Bergh purchased 4,275 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was bought at an average cost of $117.05 per share, for a total transaction of $500,388.75. Following the completion of the acquisition, the director directly owned 10,365 shares of the company’s stock, valued at approximately $1,213,223.25. The trade was a 70.20% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.54% of the stock is currently owned by corporate insiders.

lululemon athletica Trading Up 3.3%

Shares of lululemon athletica stock opened at $114.28 on Friday. The firm has a fifty day simple moving average of $118.73 and a 200-day simple moving average of $151.13. The stock has a market capitalization of $13.56 billion, a price-to-earnings ratio of 9.22, a PEG ratio of 3.74 and a beta of 0.88. lululemon athletica inc. has a 1-year low of $104.44 and a 1-year high of $225.98.

lululemon athletica (NASDAQ:LULU) last posted its earnings results 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 analyst estimates of $2.44 billion. During the same period last year, the business posted $2.60 EPS. lululemon athletica’s 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. As a group, research analysts predict that lululemon athletica inc. will post 10.94 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on LULU shares. Wells Fargo & Company reduced their price objective on shares of lululemon athletica from $110.00 to $105.00 and set an “equal weight” rating for the company in a research note on Tuesday, July 21st. Weiss Ratings downgraded shares of lululemon athletica from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday, July 20th. Jefferies Financial Group cut their target price on lululemon athletica from $145.00 to $115.00 and set a “hold” rating on the stock in a report on Friday, June 5th. BNP Paribas Exane cut lululemon athletica from a “neutral” rating to an “underperform” rating and set a $88.00 price target for the company. in a research report on Friday, June 5th. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on lululemon athletica from $171.00 to $127.00 and set a “hold” rating for the company in a research report on Monday, June 8th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twenty-four have issued a Hold rating and six have issued a Sell rating to the stock. According to data from MarketBeat.com, lululemon athletica has an average rating of “Reduce” and an average price target of $148.35.

About lululemon athletica

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.