Amundi Trims Holdings in lululemon athletica inc. $LULU

Key Points

• Amundi reduced its lululemon stake by 32.6% in the second quarter, selling 218,504 shares and retaining 452,151 shares valued at approximately $51.6 million. Institutional investors collectively own 85.2% of the company.
• Wall Street sentiment is cautious: analysts’ average rating is “Reduce,” with 21 Holds and six Sells, while the average price target fell to $111.54 after several firms lowered their targets.
• Lululemon beat quarterly EPS expectations ($2.92 versus $1.79), but revenue declined 4.3% year over year to $2.42 billion. Shares opened at $96.88, near the company’s 52-week low of $95.67.

Amundi trimmed its holdings in shares of lululemon athletica inc. (NASDAQ:LULU - Free Report) by 32.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 452,151 shares of the apparel retailer's stock after selling 218,504 shares during the quarter. Amundi owned 0.38% of lululemon athletica worth $51,627,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Brighton Jones LLC purchased a new position in lululemon athletica during the 4th quarter worth $429,000. NewEdge Advisors LLC lifted its stake in lululemon athletica by 5.1% in the first quarter. NewEdge Advisors LLC now owns 3,848 shares of the apparel retailer's stock worth $1,089,000 after acquiring an additional 186 shares during the period. Glenview Trust co grew its holdings in 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 acquiring an additional 284 shares in the last quarter. Diversify Advisory Services LLC bought a new stake in shares of lululemon athletica in the 2nd quarter valued at about $508,000. Finally, Raymond James Financial Inc. raised 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 purchasing an additional 10,891 shares in the last quarter. 85.20% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on LULU. JPMorgan Chase & Co. dropped their price objective on shares of lululemon athletica from $154.00 to $95.00 and set a "neutral" rating on the stock in a research note on Friday, September 4th. Rothschild & Co Redburn lowered their target price on lululemon athletica from $160.00 to $110.00 and set a "sell" rating for the company in a report on Tuesday, June 16th. Jefferies Financial Group dropped their target price on lululemon athletica from $145.00 to $115.00 and set a "hold" rating on the stock in a research report on Friday, June 5th. Deutsche Bank Aktiengesellschaft cut their price target on lululemon athletica from $171.00 to $127.00 and set a "hold" rating on the stock in a report on Monday, June 8th. Finally, Freedom Capital raised lululemon athletica from a "strong sell" rating to a "hold" rating in a research report on Friday, June 5th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Hold rating and six have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Reduce" and an average price target of $111.54.

lululemon athletica Price Performance

lululemon athletica stock opened at $96.88 on Friday. lululemon athletica inc. has a 1-year low of $95.67 and a 1-year high of $225.98. The business has a fifty day moving average price of $117.16 and a 200-day moving average price of $133.76. The stock has a market capitalization of $11.50 billion, a price-to-earnings ratio of 7.93, a PEG ratio of 2.55 and a beta of 0.87.

lululemon athletica (NASDAQ:LULU - Get Free Report) last announced its earnings results on Thursday, September 3rd. The apparel retailer reported $2.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.79 by $1.13. lululemon athletica had a return on equity of 27.69% and a net margin of 12.78%.The company had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.46 billion. During the same period in the prior year, the company posted $3.10 EPS. The firm's quarterly 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. On average, equities research analysts anticipate that lululemon athletica inc. will post 8.91 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Charles Bergh acquired 4,275 shares of the firm's stock in a transaction that occurred on Monday, June 15th. The stock was purchased at an average cost of $117.05 per share, with a total value of $500,388.75. Following 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 position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.54% of the stock is currently owned by company insiders.

Trending Headlines about lululemon athletica

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

• Positive Sentiment: Citigroup lowered its price target to $117 from $130 while maintaining a neutral rating, implying potential upside from the current level. However, the target cut still reflects more cautious expectations.
• Positive Sentiment: New CEO Heidi O’Neill’s leadership transition could support a strategic reset as the company works to rebuild growth in North America and China. Expert Advice for Heidi O’Neill on Her First Day as CEO of Lululemon
• Neutral Sentiment: Unusually heavy put-option activity—78,806 puts traded versus typical daily volume of 36,929—signals elevated hedging or bearish speculation, but does not by itself confirm the direction of the stock.
• Negative Sentiment: BMO Capital Markets initiated coverage with an Underperform rating and a $70 price target, citing weakening demand in the Americas and China, pressure on premium margins, and the possibility that fiscal 2027 earnings will fall well below consensus. Why Lululemon Shares Are Falling Today
• Negative Sentiment: Recent quarterly results showed revenue down roughly 4% year over year, while the company reduced its full-year outlook for the second time. Reported earnings also benefited from a one-time $134.5 million tariff refund, making underlying performance appear less robust. Lululemon Q2 2026 Earnings Call Transcript
• Negative Sentiment: Multiple law firms, including Bronstein Gewirtz & Grossman, BFA Law, Pomerantz, and Levi & Korsinsky, announced investigations or notices concerning potential investor claims. These announcements add reputational and legal uncertainty, although they do not establish wrongdoing. LULU Investor Alert

lululemon athletica 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.

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