Danske Bank A S Acquires New Position in lululemon athletica inc. $LULU

Danske Bank A S bought a new stake in lululemon athletica inc. (NASDAQ:LULU) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 54,959 shares of the apparel retailer’s stock, valued at approximately $6,275,000.

Other hedge funds have also made changes to their positions in the company. Uniplan Investment Counsel Inc. purchased a new position in lululemon athletica during the fourth quarter worth about $26,000. Elyxium Wealth LLC acquired a new position in lululemon athletica in the 4th quarter valued at about $31,000. Rexford Capital Inc. acquired a new stake in lululemon athletica during the 1st quarter worth approximately $31,000. DV Equities LLC acquired a new stake in lululemon athletica during the 4th quarter worth approximately $31,000. Finally, Gould Capital LLC purchased a new position in lululemon athletica in the 1st quarter valued at approximately $32,000. Hedge funds and other institutional investors 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 stock in a transaction that occurred on Monday, June 15th. The shares were acquired at an average price of $117.05 per share, for a total transaction of $500,388.75. Following the acquisition, the director directly owned 10,365 shares in the company, valued at approximately $1,213,223.25. The trade was a 70.20% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.54% of the company’s stock.

lululemon athletica Price Performance

NASDAQ:LULU opened at $121.07 on Friday. The firm has a market cap of $14.37 billion, a price-to-earnings ratio of 9.77, a price-to-earnings-growth ratio of 3.79 and a beta of 0.86. The firm’s fifty day moving average price is $117.42 and its 200 day moving average price is $140.39. lululemon athletica inc. has a 1-year low of $104.44 and a 1-year 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 for the quarter, beating analysts’ consensus estimates of $1.67 by $0.02. The company had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.44 billion. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.The firm’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.60 EPS. 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, analysts expect that lululemon athletica inc. will post 10.93 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on LULU shares. The Goldman Sachs Group decreased their price target on shares of lululemon athletica from $177.00 to $122.00 and set a “neutral” rating for the company in a research note on Friday, June 5th. Weiss Ratings upgraded lululemon athletica from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, August 5th. Freedom Capital raised lululemon athletica from a “strong sell” rating to a “hold” rating in a report on Friday, June 5th. Stifel Nicolaus dropped their price objective on lululemon athletica from $176.00 to $134.00 and set a “hold” rating on the stock in a report on Friday, June 5th. Finally, Piper Sandler cut their target price on lululemon athletica from $130.00 to $110.00 and set a “neutral” rating on the stock in a research report on Friday, June 5th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twenty-five have assigned a Hold rating and five have given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and an average price target of $148.54.

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.