Mirae Asset Global Investments Co. Ltd. Acquires 28,385 Shares of lululemon athletica inc. $LULU

Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of lululemon athletica inc. (NASDAQ:LULU) in the third quarter, Holdings Channel.com reports. The fund acquired 28,385 shares of the apparel retailer’s stock, valued at approximately $2,730,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Baird Financial Group Inc. boosted its stake in lululemon athletica by 7.4% in the second quarter. Baird Financial Group Inc. now owns 413,412 shares of the apparel retailer’s stock worth $47,203,000 after buying an additional 28,643 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of lululemon athletica by 37.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 66,957 shares of the apparel retailer’s stock worth $7,645,000 after acquiring an additional 18,123 shares during the last quarter. Flossbach Von Storch SE bought a new stake in shares of lululemon athletica in the 2nd quarter worth approximately $207,392,000. Cibc World Market Inc. purchased a new position in lululemon athletica in the 2nd quarter worth $40,646,000. Finally, Deutsche Bank AG purchased a new position in lululemon athletica in the 2nd quarter worth $80,580,000. 85.20% of the stock is currently owned by hedge funds and other institutional investors.

lululemon athletica Price Performance

LULU stock traded down $0.98 on Friday, reaching $110.79. 1,915,411 shares of the company traded hands, compared to its average volume of 3,699,580. lululemon athletica inc. has a one year low of $90.38 and a one year high of $225.98. The company has a market cap of $12.83 billion, a P/E ratio of 9.07, a price-to-earnings-growth ratio of 2.57 and a beta of 0.84. The firm has a fifty day simple moving average of $102.16 and a 200-day simple moving average of $132.24.

lululemon athletica (NASDAQ:LULU) last issued its earnings results on Thursday, September 3rd. The apparel retailer reported $2.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.79 by $1.13. lululemon athletica had a net margin of 12.78% and a return on equity of 27.69%. The business had revenue of $2.42 billion during the quarter, compared to analysts’ expectations of $2.46 billion. During the same period in the previous year, the company earned $3.10 earnings per share. The business’s revenue for the quarter 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. On average, sell-side analysts forecast that lululemon athletica inc. will post 9.55 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts recently weighed in on LULU shares. UBS Group dropped their target price on lululemon athletica from $120.00 to $106.00 and set a “neutral” rating for the company in a report on Friday, September 4th. BMO Capital Markets began coverage on lululemon athletica in a research report on Wednesday, September 9th. They issued an “underperform” rating and a $70.00 price objective for the company. Barclays lowered their price objective on lululemon athletica from $113.00 to $95.00 and set an “equal weight” rating for the company in a research report on Friday, September 4th. Piper Sandler dropped their price target on shares of lululemon athletica from $110.00 to $80.00 and set a “neutral” rating for the company in a research report on Friday, September 4th. Finally, Wells Fargo & Company cut their price target on shares of lululemon athletica from $95.00 to $90.00 and set an “equal weight” rating on the stock in a report on Monday, October 19th. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Hold rating and seven have assigned a Sell rating to the company. Based on data from MarketBeat.com, lululemon athletica has an average rating of “Reduce” and an average target price of $105.26.

Trending Headlines about lululemon athletica

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

• Positive Sentiment: Zacks Research upgraded LULU from “strong sell” to “hold,” a modest improvement in its rating outlook. Zacks Research rating
• Neutral Sentiment: Lululemon named Ben Hallam chief brand officer, effective November 9, and announced Emily Sunderland as chief strategy officer. The hires could reinforce brand and strategic execution, though no expected financial effects were disclosed. Leadership appointments
• Neutral Sentiment: The company unveiled its Ventscape cold-weather running vest at a trade event in China, adding a new product to its running range; sales impact is not yet known. Ventscape run vest launch
• Negative Sentiment: Several law firms publicized a pending investor class action covering purchases from March 18 to September 3, 2026. The complaint alleges Lululemon understated weakening demand before guidance reductions and a sharp stock decline; these are allegations, not established findings. The lead-plaintiff deadline is January 4, 2027. The litigation adds legal and reputational uncertainty. Investor suit details

About lululemon athletica

lululemon athletica inc. is a Vancouver, British Columbia-based designer, distributor and retailer of technical athletic apparel, footwear and accessories. The company serves consumers seeking products for yoga, running, training, fitness and other active lifestyles.

Its product portfolio includes women’s and men’s apparel, sports bras, leggings, tops, shorts, outerwear, footwear, bags and related accessories. lululemon sells its products through company-operated stores, e-commerce platforms and selected other channels, while also offering community-based fitness and wellness experiences connected to its brand.

Founded in 1998 by Chip Wilson, lululemon has expanded from its roots in yoga apparel into an international athletic and lifestyle brand.