The Manufacturers Life Insurance Company Sells 12,719 Shares of lululemon athletica inc. $LULU

The Manufacturers Life Insurance Company lowered its holdings in lululemon athletica inc. (NASDAQ:LULU) by 3.2% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 379,611 shares of the apparel retailer’s stock after selling 12,719 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in lululemon athletica were worth $58,118,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Norges Bank bought a new position in shares of lululemon athletica in the fourth quarter valued at approximately $362,598,000. Boston Partners bought a new position in shares of lululemon athletica in the fourth quarter valued at approximately $304,875,000. Invesco Ltd. grew its stake in lululemon athletica by 28.7% in the 3rd quarter. Invesco Ltd. now owns 2,200,552 shares of the apparel retailer’s stock valued at $391,544,000 after purchasing an additional 490,127 shares during the period. Goldman Sachs Group Inc. grew its position in lululemon athletica by 77.3% during the fourth quarter. Goldman Sachs Group Inc. now owns 979,054 shares of the apparel retailer’s stock valued at $203,457,000 after buying an additional 426,860 shares during the period. Finally, Contrarius Group Holdings Ltd purchased a new stake in shares of lululemon athletica during the 4th quarter worth approximately $86,441,000. Institutional investors and hedge funds own 85.20% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. BTIG Research lowered shares of lululemon athletica from a “buy” rating to a “neutral” rating in a research report on Friday, June 5th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of lululemon athletica from $171.00 to $127.00 and set a “hold” rating on the stock in a report on Monday, June 8th. Piper Sandler cut their price target on lululemon athletica from $130.00 to $110.00 and set a “neutral” rating for the company in a report on Friday, June 5th. Barclays dropped their price objective on lululemon athletica from $161.00 to $113.00 and set an “equal weight” rating on the stock in a report on Friday, June 5th. Finally, BNP Paribas Exane downgraded shares of lululemon athletica from a “neutral” rating to an “underperform” rating and set a $88.00 price target on the stock. in a report on Friday, June 5th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twenty-four have given a Hold rating and six have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average price target of $148.35.

lululemon athletica Stock Performance

lululemon athletica stock opened at $119.03 on Thursday. lululemon athletica inc. has a fifty-two week low of $104.44 and a fifty-two week high of $225.98. The stock has a market cap of $14.13 billion, a P/E ratio of 9.61, a price-to-earnings-growth ratio of 3.94 and a beta of 0.88. The firm’s fifty day moving average price is $118.58 and its 200-day moving average price is $148.71.

lululemon athletica (NASDAQ:LULU) last released its earnings results on Thursday, June 4th. The apparel retailer reported $1.69 EPS for the quarter, beating analysts’ consensus estimates of $1.67 by $0.02. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.The business had revenue of $2.47 billion for the quarter, compared to analysts’ expectations of $2.44 billion. During the same quarter in the prior year, the firm earned $2.60 earnings per share. The firm’s revenue was up 4.3% on a year-over-year basis. 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. On average, analysts predict that lululemon athletica inc. will post 10.94 earnings per share for the current year.

Insider Activity at lululemon athletica

In other news, Director Charles V. Bergh acquired 4,275 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The shares were bought at an average cost of $117.05 per share, with a total value of $500,388.75. Following the acquisition, the director owned 10,365 shares in the company, valued at approximately $1,213,223.25. This represents a 70.20% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.54% of the company’s stock.

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.