Barrow Hanley Mewhinney & Strauss LLC Buys New Shares in lululemon athletica inc. $LULU

Barrow Hanley Mewhinney & Strauss LLC bought a new position in shares of lululemon athletica inc. (NASDAQ:LULU - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 722,989 shares of the apparel retailer's stock, valued at approximately $82,551,000. Barrow Hanley Mewhinney & Strauss LLC owned approximately 0.61% of lululemon athletica as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of LULU. Brighton Jones LLC acquired a new position in lululemon athletica during the fourth quarter worth $429,000. NewEdge Advisors LLC grew its position in shares of lululemon athletica by 5.1% in the 1st quarter. NewEdge Advisors LLC now owns 3,848 shares of the apparel retailer's stock valued at $1,089,000 after acquiring an additional 186 shares during the period. Glenview Trust co grew its position in shares of lululemon athletica by 39.9% in the 2nd quarter. Glenview Trust co now owns 996 shares of the apparel retailer's stock valued at $237,000 after acquiring an additional 284 shares during the period. Diversify Advisory Services LLC acquired a new position in shares of lululemon athletica during the 2nd quarter worth about $508,000. Finally, Raymond James Financial Inc. increased its stake in shares of lululemon athletica by 10.7% during the 2nd quarter. Raymond James Financial Inc. now owns 112,632 shares of the apparel retailer's stock worth $26,759,000 after purchasing an additional 10,891 shares during the last quarter. 85.20% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at lululemon athletica

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

lululemon athletica Stock Performance

NASDAQ:LULU opened at $121.07 on Monday. lululemon athletica inc. has a 52 week low of $104.44 and a 52 week high of $225.98. The firm's 50-day simple moving average is $117.42 and its 200 day simple moving average is $140.11. The firm has a market cap of $14.37 billion, a price-to-earnings ratio of 9.77, a P/E/G ratio of 3.97 and a beta of 0.86.

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

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on LULU. JPMorgan Chase & Co. upped their target price on shares of lululemon athletica from $149.00 to $154.00 and gave the company a "neutral" rating in a report on Tuesday, August 4th. Barclays lowered their price target on lululemon athletica from $161.00 to $113.00 and set an "equal weight" rating on the stock in a research report on Friday, June 5th. UBS Group dropped their price objective on lululemon athletica from $153.00 to $124.00 and set a "neutral" rating on the stock in a research note on Sunday, June 7th. Needham & Company LLC reaffirmed a "hold" rating on shares of lululemon athletica in a research report on Friday, June 5th. Finally, Stifel Nicolaus reduced their target price on lululemon athletica from $176.00 to $134.00 and set a "hold" rating for the company in a research note on Friday, June 5th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twenty-five have given a Hold rating and five have assigned a Sell rating to the company. Based on data from MarketBeat, 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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