23,507 lululemon athletica inc. $LULU Shares Sold by Corient Private Wealth LP

Key Points

• Corient Private Wealth LP cut its lululemon stake by 66.4%, selling 23,507 shares and retaining 11,899 shares valued at approximately $1.36 million. Institutional investors still own about 85.2% of the company.
• Lululemon beat quarterly EPS estimates with $2.92 per share versus $1.79 expected, but revenue fell 4.3% year over year to $2.42 billion and missed forecasts. The stock opened at $101.30, near its 12-month low of $95.35.
• Analyst sentiment remains weak: the consensus rating is “Reduce,” with a target price of $106.86; most analysts rate the shares Hold, while recent firms lowered price targets amid slowing growth, weaker demand, and reduced guidance.

Corient Private Wealth LP reduced its holdings in lululemon athletica inc. (NASDAQ:LULU - Free Report) by 66.4% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,899 shares of the apparel retailer's stock after selling 23,507 shares during the period. Corient Private Wealth LP's holdings in lululemon athletica were worth $1,359,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Rexford Capital Inc. purchased a new stake in lululemon athletica during the first quarter valued at approximately $31,000. Gould Capital LLC purchased a new position in shares of lululemon athletica in the 1st quarter worth approximately $32,000. Allied Private Wealth LLC bought a new position in shares of lululemon athletica during the 2nd quarter valued at approximately $34,000. Ancora Advisors LLC purchased a new stake in lululemon athletica during the 2nd quarter valued at $37,000. Finally, Cassaday & Co Wealth Management LLC purchased a new stake in lululemon athletica during the 1st quarter valued at $38,000. 85.20% of the stock is currently owned by institutional investors.

lululemon athletica Trading Down 0.3%

Shares of lululemon athletica stock opened at $101.30 on Friday. The stock's fifty day moving average price is $113.41 and its 200-day moving average price is $128.09. The firm has a market cap of $11.73 billion, a P/E ratio of 8.30, a P/E/G ratio of 2.42 and a beta of 0.87. lululemon athletica inc. has a 12 month low of $95.35 and a 12 month high of $225.98.

lululemon athletica (NASDAQ:LULU - Get Free Report) last released its quarterly earnings data 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. The company had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.46 billion. lululemon athletica had a net margin of 12.78% and a return on equity of 27.69%. The firm's revenue for the quarter was down 4.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.10 earnings per share. 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 forecast that lululemon athletica inc. will post 9.55 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have commented on the stock. Daiwa Securities Group dropped their price objective on shares of lululemon athletica from $173.00 to $120.00 and set a "neutral" rating for the company in a research note on Tuesday, June 9th. KeyCorp reissued a "sector weight" rating on shares of lululemon athletica in a research note on Friday, September 4th. Rothschild & Co Redburn lowered their target price on shares of lululemon athletica from $160.00 to $110.00 and set a "sell" rating for the company in a report on Tuesday, June 16th. Guggenheim reaffirmed a "neutral" rating on shares of lululemon athletica in a research note on Friday, September 4th. Finally, Stifel Nicolaus cut their price target on shares of lululemon athletica from $134.00 to $100.00 and set a "hold" rating on the stock in a report on Friday, September 4th. One analyst has rated the stock with a Strong Buy rating, twenty-one have given a Hold rating and seven have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Reduce" and a consensus target price of $106.86.

Key Stories Impacting lululemon athletica

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

• Positive Sentiment: Some analysts believe lululemon can recover over the long term, citing the company’s financial position and growth opportunities in China. However, the recovery thesis depends on stabilizing demand and improving execution. lululemon: The Path Of Recovery
• Positive Sentiment: The appointment of a CEO could provide clearer leadership and accountability as lululemon works to address slowing growth. The company is also rewriting its bylaws, which may support governance changes, although investors may view the transition as a sign that significant changes are needed. What Does lululemon athletica Naming a CEO and Rewriting Bylaws Mean?
• Neutral Sentiment: Integrated Wealth Concepts reduced its lululemon position by 75.9% during the reported quarter. The sale reflects weaker institutional conviction but does not by itself change the company’s fundamentals. Integrated Wealth Concepts Reduces lululemon Holdings
• Neutral Sentiment: Reports citing short-interest data showed zero shares short and a zero-day days-to-cover ratio, an apparent data inconsistency that limits the usefulness of the item as a trading signal.
• Negative Sentiment: A securities law firm announced an investigation after reports that lululemon’s stock plunged amid newly revealed growth problems. The investigation adds reputational and potential legal risk, even though no wrongdoing has been established. BFA Law Securities Fraud Investigation
• Negative Sentiment: Pomerantz also announced an investor investigation, intensifying concerns about possible shareholder claims and increasing headline risk. Pomerantz Investor Investigation
• Negative Sentiment: Recent coverage highlights weakening fundamentals, shifting consumer preferences, and reduced company guidance. Although the latest reported quarter exceeded EPS expectations, revenue missed forecasts and declined year over year, reinforcing concerns about slowing sales growth. lululemon Stock Holds Near USD 104 After Guidance Cuts

About lululemon athletica

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.

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