Bank of New York Mellon Corp Makes New Investment in lululemon athletica inc. $LULU

Bank of New York Mellon Corp bought a new stake in lululemon athletica inc. (NASDAQ:LULU - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 428,878 shares of the apparel retailer's stock, valued at approximately $48,969,000. Bank of New York Mellon Corp owned approximately 0.36% of lululemon athletica at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of LULU. Norges Bank purchased a new stake in shares of lululemon athletica in the fourth quarter valued at about $362,598,000. Boston Partners purchased a new stake in lululemon athletica during the 4th quarter valued at approximately $304,875,000. Invesco Ltd. raised its stake in lululemon athletica by 28.7% during the 3rd quarter. Invesco Ltd. now owns 2,200,552 shares of the apparel retailer's stock valued at $391,544,000 after acquiring an additional 490,127 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in lululemon athletica by 77.3% during the 4th quarter. Goldman Sachs Group Inc. now owns 979,054 shares of the apparel retailer's stock worth $203,457,000 after acquiring an additional 426,860 shares during the period. Finally, Contrarius Group Holdings Ltd acquired a new stake in lululemon athletica during the 4th quarter worth approximately $86,441,000. 85.20% of the stock is owned by hedge funds and other institutional investors.

lululemon athletica Price Performance

LULU opened at $115.00 on Friday. lululemon athletica inc. has a 1-year low of $104.44 and a 1-year high of $225.98. The stock has a market cap of $13.65 billion, a P/E ratio of 9.28, a P/E/G ratio of 3.82 and a beta of 0.86. The stock's 50 day simple moving average is $117.76 and its 200 day simple moving average is $138.56.

lululemon athletica (NASDAQ:LULU - Get Free Report) last issued its quarterly earnings data on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.67 by $0.02. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.The firm had revenue of $2.47 billion during the quarter, compared to analysts' expectations of $2.44 billion. During the same period in the previous year, the firm posted $2.60 earnings per share. lululemon athletica's revenue was up 4.3% on a year-over-year basis. 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. Research analysts expect that lululemon athletica inc. will post 10.93 EPS for the current fiscal year.

Insider Activity at lululemon athletica

In other news, Director Charles V. Bergh purchased 4,275 shares of the stock in a transaction dated Monday, June 15th. The stock was acquired at an average cost of $117.05 per share, for a total transaction of $500,388.75. Following the completion of the acquisition, the director directly owned 10,365 shares in the company, valued at $1,213,223.25. This represents a 70.20% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.54% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several brokerages have issued reports on LULU. BTIG Research cut shares of lululemon athletica from a "buy" rating to a "neutral" rating in a research note on Friday, June 5th. Zacks Research upgraded shares of lululemon athletica from a "strong sell" rating to a "hold" rating in a research note on Wednesday, August 19th. Truist Financial downgraded shares of lululemon athletica from a "hold" rating to a "sell" rating and lowered their target price for the company from $115.00 to $94.00 in a report on Thursday, July 16th. Robert W. Baird dropped 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 note on Friday, June 5th. Finally, The Goldman Sachs Group cut their price target on shares of lululemon athletica from $177.00 to $122.00 and set a "neutral" rating for the company in a report on Friday, June 5th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twenty-five have given a Hold rating and five have assigned a Sell rating to the company's stock. According to data from MarketBeat, lululemon athletica has a consensus rating of "Reduce" and a consensus target price of $148.38.

lululemon athletica News Summary

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

• Positive Sentiment: Analysts expect international growth and the company’s Power of Three ×2 strategy to support second-quarter results. LULU also has a strong history of exceeding earnings estimates, giving investors a potential upside surprise catalyst. lululemon Q2 Earnings Upcoming: Is It Likely to Surprise Investors? Will Lululemon Beat Estimates Again?
• Positive Sentiment: Recent consensus commentary identifies favorable earnings-surprise indicators ahead of the report, potentially reinforcing the view that LULU can outperform quarterly expectations. Lululemon Expected to Beat Earnings Estimates
• Neutral Sentiment: The upcoming August jobs report and other economic data could influence interest-rate expectations and consumer-related stocks broadly, adding a macroeconomic factor ahead of the Federal Reserve’s September decision. The Week Ahead: August Jobs Report Takes Center Stage
• Negative Sentiment: UBS issued a pessimistic stock-price forecast, while a separate report cited an analyst downgrade that caused LULU shares to gap lower. These actions signal diminished confidence in the company’s near-term growth outlook. UBS Issues Pessimistic Forecast Lululemon Shares Gap Down on Analyst Downgrade
• Negative Sentiment: Analysts warn that weaker trends in the U.S. and China could prompt LULU to cut its fiscal 2026 outlook and lower longer-term growth expectations. North American softness and margin pressure remain central risks for the earnings report. Is Lululemon About to Cut Its 2026 Outlook? Lululemon Q2 Earnings Upcoming

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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