Elevation Point Wealth Partners LLC Acquires New Stake in lululemon athletica inc. $LULU

Elevation Point Wealth Partners LLC acquired a new stake in lululemon athletica inc. (NASDAQ:LULU) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 6,666 shares of the apparel retailer’s stock, valued at approximately $761,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Uniplan Investment Counsel Inc. purchased a new position in lululemon athletica in the 4th quarter worth approximately $26,000. Elyxium Wealth LLC purchased a new stake in shares of lululemon athletica in the fourth quarter valued at approximately $31,000. Rexford Capital Inc. acquired a new stake in shares of lululemon athletica in the first quarter valued at approximately $31,000. DV Equities LLC purchased a new position in lululemon athletica during the fourth quarter worth approximately $31,000. Finally, Gould Capital LLC purchased a new position in lululemon athletica during the first quarter worth approximately $32,000. Institutional investors and hedge funds own 85.20% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on LULU shares. Freedom Capital upgraded lululemon athletica from a “strong sell” rating to a “hold” rating in a report on Friday, June 5th. JPMorgan Chase & Co. increased their price target on shares of lululemon athletica from $149.00 to $154.00 and gave the company a “neutral” rating in a research note on Tuesday, August 4th. Evercore cut their price target on shares of lululemon athletica from $175.00 to $130.00 in a report on Wednesday, June 3rd. BTIG Research lowered shares of lululemon athletica from a “buy” rating to a “neutral” rating in a research report 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, August 5th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twenty-five have given a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat.com, lululemon athletica has a consensus rating of “Reduce” and a consensus price target of $148.54.

lululemon athletica Price Performance

Shares of LULU stock opened at $122.78 on Tuesday. The firm has a market cap of $14.57 billion, a PE ratio of 9.91, a price-to-earnings-growth ratio of 3.97 and a beta of 0.86. The company has a 50-day moving average of $117.55 and a two-hundred day moving average of $139.77. lululemon athletica inc. has a 1-year low of $104.44 and a 1-year high of $225.98.

lululemon athletica (NASDAQ:LULU) last released its quarterly 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. The business had revenue of $2.47 billion for the quarter, compared to the consensus estimate of $2.44 billion. lululemon athletica had a net margin of 13.03% and a return on equity of 31.26%. The business’s revenue was up 4.3% on a year-over-year basis. During the same period in the previous year, the firm 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. Sell-side analysts anticipate that lululemon athletica inc. will post 10.93 EPS for the current fiscal year.

Insider Activity at lululemon athletica

In other news, Director Charles V. Bergh acquired 4,275 shares of the company’s stock in a transaction dated Monday, June 15th. The stock was acquired at an average cost of $117.05 per share, with a total value of $500,388.75. Following the completion of the purchase, the director owned 10,365 shares of the company’s stock, valued at $1,213,223.25. This represents a 70.20% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this link. 0.54% of the stock is currently owned by corporate insiders.

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.