Wellington Management Group LLP Has $1.21 Million Holdings in lululemon athletica inc. $LULU

Wellington Management Group LLP lessened its holdings in lululemon athletica inc. (NASDAQ:LULU) by 98.5% during the second quarter, HoldingsChannel.com reports. The firm owned 10,550 shares of the apparel retailer’s stock after selling 702,756 shares during the period. Wellington Management Group LLP’s holdings in lululemon athletica were worth $1,205,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in LULU. Brighton Jones LLC bought a new position in lululemon athletica in the fourth quarter valued at $429,000. NewEdge Advisors LLC lifted its position in lululemon athletica by 5.1% during the 1st quarter. NewEdge Advisors LLC now owns 3,848 shares of the apparel retailer’s stock worth $1,089,000 after buying an additional 186 shares in the last quarter. Glenview Trust co boosted its stake in shares of lululemon athletica by 39.9% during the 2nd quarter. Glenview Trust co now owns 996 shares of the apparel retailer’s stock worth $237,000 after buying an additional 284 shares during the last quarter. Diversify Advisory Services LLC acquired a new position in shares of lululemon athletica during the 2nd quarter worth about $508,000. Finally, Raymond James Financial Inc. grew its holdings in shares of lululemon athletica by 10.7% in the 2nd quarter. Raymond James Financial Inc. now owns 112,632 shares of the apparel retailer’s stock valued at $26,759,000 after acquiring an additional 10,891 shares in the last quarter. Institutional investors and hedge funds own 85.20% of the company’s stock.

Insider Activity at lululemon athletica

In related news, Director Charles Bergh acquired 4,275 shares of the company’s stock in a transaction dated 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 completion of the transaction, the director directly owned 10,365 shares of the company’s stock, valued at $1,213,223.25. This trade represents a 70.20% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.54% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

LULU has been the topic of a number of recent research reports. Stifel Nicolaus lowered their target price on lululemon athletica from $134.00 to $100.00 and set a “hold” rating on the stock in a research report on Friday, September 4th. Guggenheim reaffirmed a “neutral” rating on shares of lululemon athletica in a research report on Friday, September 4th. Bank of America dropped their price target on shares of lululemon athletica from $140.00 to $122.00 and set a “neutral” rating on the stock in a research report on Friday, September 4th. Barclays cut their price target on shares of lululemon athletica from $113.00 to $95.00 and set an “equal weight” rating for the company in a research note on Friday, September 4th. Finally, BNP Paribas Exane lowered their price objective on shares of lululemon athletica from $88.00 to $44.00 and set an “underperform” rating on the stock in a research note on Friday, September 4th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Hold rating and six have given a Sell rating to the company’s stock. According to data from MarketBeat, lululemon athletica presently has an average rating of “Reduce” and a consensus target price of $111.54.

lululemon athletica News Summary

Here are the key news stories impacting lululemon athletica this week:

• Positive Sentiment: Investor Michael Burry described lululemon as a potential “generational buying opportunity” below $100, arguing that the market may be overreacting to the company’s recent weakness. Cramer and Burry on Lululemon
• Positive Sentiment: The stock’s low valuation and decline toward its 52-week low may be attracting contrarian investors, despite concerns about slowing sales.
• Neutral Sentiment: Multiple law firms announced investigations into potential securities-law violations related to lululemon’s growth outlook and business condition. The announcements are investor solicitations and do not establish wrongdoing. LULU investor investigation
• Negative Sentiment: Analyst sentiment deteriorated: BMO initiated coverage with an Underperform rating and a $70 target, while Citigroup lowered its expectations. Analysts cited weakening demand in North America and China, margin pressure, and uncertainty around fiscal 2027. Analyst downgrades
• Negative Sentiment: The key fundamental issue remains the reduced FY2026 revenue outlook of $10.35 billion to $10.50 billion, down approximately $650 million at the midpoint, with third-quarter revenue expected to decline 10% to 11%. Revenue also fell 4% year over year in the latest quarter. LULU outlook reduction

lululemon athletica Trading Up 2.2%

Shares of NASDAQ LULU opened at $98.97 on Friday. lululemon athletica inc. has a 12 month low of $95.67 and a 12 month high of $225.98. The stock has a 50 day moving average of $116.77 and a 200-day moving average of $133.51. The company has a market capitalization of $11.74 billion, a P/E ratio of 8.11, a P/E/G ratio of 2.47 and a beta of 0.87.

lululemon athletica (NASDAQ:LULU) last posted its earnings results on Thursday, September 3rd. The apparel retailer reported $2.92 earnings per share for the quarter, topping analysts’ consensus estimates of $1.79 by $1.13. lululemon athletica had a return on equity of 27.69% and a net margin of 12.78%.The business had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.46 billion. During the same period in the previous year, the firm earned $3.10 EPS. The firm’s revenue was down 4.3% compared to the same quarter last year. lululemon athletica has set its FY 2026 guidance at 9.480-9.730 EPS and its Q3 2026 guidance at 0.930-0.980 EPS. Analysts predict that lululemon athletica inc. will post 8.91 EPS for the current fiscal year.

lululemon athletica Company Profile

lululemon athletica inc. is a designer, distributor and retailer of athletic apparel, footwear and accessories. The company’s products are developed for activities including yoga, running, training, tennis and other forms of exercise, as well as everyday use. Its offerings include leggings, tops, shorts, outerwear, footwear, bags and fitness accessories for women and men.

Founded in 1998 in Vancouver, British Columbia, lululemon began as a yoga-focused apparel company and has expanded into a broader performance and lifestyle brand.