Louisiana State Employees Retirement System Acquires New Stake in lululemon athletica inc. $LULU

Louisiana State Employees Retirement System acquired a new position in shares of lululemon athletica inc. (NASDAQ:LULU) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 5,400 shares of the apparel retailer’s stock, valued at approximately $827,000.

A number of other hedge funds have also added to or reduced their stakes in LULU. Silver Oak Securities Incorporated boosted its position in lululemon athletica by 5.0% during the first quarter. Silver Oak Securities Incorporated now owns 2,238 shares of the apparel retailer’s stock valued at $343,000 after purchasing an additional 107 shares during the last quarter. Blue Trust Inc. raised its stake in shares of lululemon athletica by 295.5% during the 1st quarter. Blue Trust Inc. now owns 352 shares of the apparel retailer’s stock worth $54,000 after purchasing an additional 263 shares in the last quarter. Davis Investment Partners LLC boosted its holdings in shares of lululemon athletica by 41.8% in the 1st quarter. Davis Investment Partners LLC now owns 2,926 shares of the apparel retailer’s stock valued at $448,000 after buying an additional 862 shares during the last quarter. OP Asset Management Ltd bought a new position in shares of lululemon athletica in the first quarter valued at $1,664,000. Finally, Banque Cantonale Vaudoise grew its stake in shares of lululemon athletica by 51.3% in the first quarter. Banque Cantonale Vaudoise now owns 4,773 shares of the apparel retailer’s stock valued at $732,000 after buying an additional 1,619 shares in the last quarter. Institutional investors own 85.20% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on LULU. Sanford C. Bernstein lowered their target price on shares of lululemon athletica from $170.00 to $145.00 and set a “market perform” rating on the stock in a report on Wednesday, June 3rd. Weiss Ratings reissued a “sell (d+)” rating on shares of lululemon athletica in a research report on Friday, June 26th. Evercore lowered their price objective on shares of lululemon athletica from $175.00 to $130.00 in a research note on Wednesday, June 3rd. Stifel Nicolaus dropped their target price on shares of lululemon athletica from $176.00 to $134.00 and set a “hold” rating on the stock in a report on Friday, June 5th. Finally, 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. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twenty-six have assigned a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus target price of $152.88.

lululemon athletica Price Performance

Shares of lululemon athletica stock opened at $118.43 on Monday. The business has a fifty day simple moving average of $123.70 and a two-hundred day simple moving average of $160.66. lululemon athletica inc. has a 1 year low of $104.44 and a 1 year high of $249.97. The company has a market capitalization of $14.05 billion, a price-to-earnings ratio of 9.56, a P/E/G ratio of 3.81 and a beta of 0.88.

lululemon athletica (NASDAQ:LULU) last released its quarterly earnings data on Thursday, June 4th. The apparel retailer reported $1.69 EPS for the quarter, beating the consensus estimate of $1.67 by $0.02. The firm 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 company’s quarterly revenue was up 4.3% on a year-over-year basis. During the same period in the previous year, the company earned $2.60 earnings per share. 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, equities analysts anticipate that lululemon athletica inc. will post 11.14 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Nicole Neuburger sold 622 shares of lululemon athletica stock in a transaction dated Wednesday, April 8th. The shares were sold at an average price of $161.00, for a total transaction of $100,142.00. Following the completion of the sale, the insider owned 19,156 shares of the company’s stock, valued at approximately $3,084,116. The trade was a 3.14% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Charles V. Bergh purchased 4,275 shares of the 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 owned 10,365 shares in the company, valued at approximately $1,213,223.25. This trade represents a 70.20% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.54% of the company’s stock.

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.