Bank of America Corp DE Has $129.58 Million Holdings in lululemon athletica inc. $LULU

Key Points

• Bank of America increased its lululemon stake by 17.6% in the first quarter, holding 846,381 shares valued at approximately $129.6 million. Institutional investors collectively own 85.2% of the company.
• lululemon exceeded quarterly expectations, reporting $1.69 in EPS and $2.47 billion in revenue, with revenue up 4.3% year over year. The company guided for fiscal 2026 EPS of $10.95–$11.15.
• Analyst sentiment remains cautious: several firms lowered price targets, and the stock carries a consensus “Reduce” rating with an average target of $148.54. Separately, director Charles V. Bergh purchased about $500,000 of shares.

Bank of America Corp DE boosted its position in shares of lululemon athletica inc. (NASDAQ:LULU - Free Report) by 17.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 846,381 shares of the apparel retailer's stock after purchasing an additional 126,917 shares during the period. Bank of America Corp DE owned about 0.70% of lululemon athletica worth $129,581,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. NorthRock Partners LLC boosted its position in lululemon athletica by 4.2% during the 3rd quarter. NorthRock Partners LLC now owns 1,553 shares of the apparel retailer's stock worth $276,000 after acquiring an additional 62 shares during the last quarter. Murphy & Mullick Capital Management Corp raised its holdings in shares of lululemon athletica by 4.3% in the first quarter. Murphy & Mullick Capital Management Corp now owns 1,578 shares of the apparel retailer's stock valued at $242,000 after purchasing an additional 65 shares during the last quarter. IHT Wealth Management LLC raised its holdings in shares of lululemon athletica by 1.7% in the second quarter. IHT Wealth Management LLC now owns 4,276 shares of the apparel retailer's stock valued at $1,016,000 after purchasing an additional 73 shares during the last quarter. GW&K Investment Management LLC lifted its position in shares of lululemon athletica by 70.3% in the fourth quarter. GW&K Investment Management LLC now owns 189 shares of the apparel retailer's stock worth $39,000 after purchasing an additional 78 shares in the last quarter. Finally, Golden State Wealth Management LLC lifted its position in shares of lululemon athletica by 43.6% in the fourth quarter. Golden State Wealth Management LLC now owns 280 shares of the apparel retailer's stock worth $58,000 after purchasing an additional 85 shares in the last quarter. Institutional investors and hedge funds own 85.20% of the company's stock.

lululemon athletica Stock Performance

Shares of LULU stock opened at $124.73 on Friday. lululemon athletica inc. has a 52-week low of $104.44 and a 52-week high of $225.98. The stock has a market cap of $14.80 billion, a price-to-earnings ratio of 10.07, a PEG ratio of 4.05 and a beta of 0.86. The firm's 50-day moving average is $117.83 and its 200-day moving average is $145.18.

lululemon athletica (NASDAQ:LULU - Get Free Report) last posted its quarterly earnings results on Thursday, June 4th. The apparel retailer reported $1.69 EPS for the quarter, topping analysts' consensus estimates of $1.67 by $0.02. The business had revenue of $2.47 billion during the quarter, compared to analysts' expectations of $2.44 billion. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.lululemon athletica's quarterly revenue was up 4.3% on a year-over-year basis. During the same quarter last year, the company posted $2.60 earnings per share. 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. Sell-side analysts predict that lululemon athletica inc. will post 10.94 EPS for the current fiscal year.

Insider Activity at lululemon athletica

In other lululemon athletica news, Director Charles V. Bergh bought 4,275 shares of lululemon athletica stock in a transaction dated Monday, June 15th. The stock was bought at an average cost of $117.05 per share, for a total transaction of $500,388.75. Following the purchase, the director owned 10,365 shares of the company's stock, valued at $1,213,223.25. The trade was a 70.20% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.54% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Sanford C. Bernstein decreased their target price on shares of lululemon athletica from $170.00 to $145.00 and set a "market perform" rating for the company in a research report on Wednesday, June 3rd. Robert W. Baird cut their price target on shares of lululemon athletica from $170.00 to $140.00 and set a "neutral" rating on the stock in a research report on Friday, June 5th. BTIG Research downgraded shares of lululemon athletica from a "buy" rating to a "neutral" rating in a research note on Friday, June 5th. Telsey Advisory Group decreased their price objective on lululemon athletica from $175.00 to $122.00 and set a "market perform" rating for the company in a report on Friday, June 5th. 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, one has assigned a Buy rating, twenty-four have issued a Hold rating and six have given a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Reduce" and an average target price of $148.54.

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.

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