Canada Pension Plan Investment Board Takes $27.73 Million Position in lululemon athletica inc. $LULU

Canada Pension Plan Investment Board bought a new stake in lululemon athletica inc. (NASDAQ:LULU - Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 242,899 shares of the apparel retailer's stock, valued at approximately $27,734,000. Canada Pension Plan Investment Board owned about 0.20% of lululemon athletica as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of LULU. BlackRock Inc. bought a new position in shares of lululemon athletica during the 2nd quarter worth approximately $1,010,565,000. Geode Capital Management LLC increased its holdings in shares of lululemon athletica by 2.4% during the 4th quarter. Geode Capital Management LLC now owns 3,049,911 shares of the apparel retailer's stock worth $631,526,000 after acquiring an additional 71,464 shares during the last quarter. Invesco Ltd. raised its stake in lululemon athletica by 28.7% in 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 period. Morgan Stanley lifted its holdings in lululemon athletica by 2.8% during the 4th quarter. Morgan Stanley now owns 2,197,158 shares of the apparel retailer's stock valued at $456,592,000 after purchasing an additional 59,282 shares during the last quarter. Finally, Flossbach Von Storch SE acquired a new stake in lululemon athletica during the 2nd quarter valued at $207,392,000. Institutional investors own 85.20% of the company's stock.

More lululemon athletica News

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

• Positive Sentiment: Several earnings previews highlight lululemon’s strong history of exceeding analyst estimates and suggest the company has favorable conditions for another quarterly beat. International growth and momentum from the Power of Three ×2 strategy are expected to support results. Will Lululemon Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: The upcoming report is expected to benefit from continued international expansion and execution of Power of Three ×2. A better-than-expected release could reinforce the recent improvement in investor sentiment around LULU. lululemon Q2 Earnings Upcoming: Is It Likely to Surprise Investors?
• Neutral Sentiment: lululemon is scheduled to report quarterly results Thursday. Investors will likely focus on sales growth, international performance, margins and management’s outlook. The company’s previous quarter modestly exceeded consensus estimates, while full-year earnings guidance remains a key benchmark.
• Neutral Sentiment: Next week’s U.S. jobs report and other economic data could influence interest-rate expectations and broader consumer and retail stocks, potentially affecting LULU independently of its earnings fundamentals. The Week Ahead: August Jobs Report Takes Center Stage
• Negative Sentiment: Analysts expect North American softness and margin pressure to weigh on the quarter, creating execution risk even if international operations perform well. lululemon Q2 Earnings Upcoming: Is It Likely to Surprise Investors?
• Negative Sentiment: UBS issued a pessimistic forecast for LULU, while a separate analyst downgrade previously pressured the shares. These actions signal continued concerns about valuation, growth durability and the company’s near-term outlook. UBS Group Issues Pessimistic Forecast for lululemon athletica Stock Price lululemon Shares Gap Down on Analyst Downgrade

Insider Activity

In other lululemon athletica news, Director Charles V. Bergh bought 4,275 shares of the firm's stock in a transaction on Monday, June 15th. The shares were purchased at an average price of $117.05 per share, for a total transaction of $500,388.75. Following the transaction, the director directly owned 10,365 shares in the company, valued at approximately $1,213,223.25. This trade represents a 70.20% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.54% of the stock is currently owned by insiders.

lululemon athletica Stock Performance

LULU opened at $120.81 on Friday. The stock has a fifty day moving average of $117.94 and a 200-day moving average of $138.44. The company has a market capitalization of $14.34 billion, a P/E ratio of 9.75, a P/E/G ratio of 3.77 and a beta of 0.86. lululemon athletica inc. has a fifty-two week low of $104.44 and a fifty-two week high of $225.98.

lululemon athletica (NASDAQ:LULU - Get Free Report) last released its quarterly earnings results on Thursday, June 4th. The apparel retailer reported $1.69 EPS for the quarter, beating the consensus estimate of $1.67 by $0.02. lululemon athletica had a net margin of 13.03% and a return on equity of 31.26%. The business had revenue of $2.47 billion for the quarter, compared to the consensus estimate of $2.44 billion. During the same period in the prior year, the company posted $2.60 earnings per share. lululemon athletica's revenue was up 4.3% compared to the same quarter last year. 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. On average, equities research analysts predict that lululemon athletica inc. will post 10.93 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have commented on LULU shares. The Goldman Sachs Group decreased their price objective on shares of lululemon athletica from $177.00 to $122.00 and set a "neutral" rating on the stock in a report on Friday, June 5th. Jefferies Financial Group reduced their target price on shares of lululemon athletica from $145.00 to $115.00 and set a "hold" rating for the company in a report on Friday, June 5th. Daiwa Securities Group decreased their price target on shares of lululemon athletica from $173.00 to $120.00 and set a "neutral" rating on the stock in a research note on Tuesday, June 9th. Evercore decreased their price target on shares of lululemon athletica from $175.00 to $130.00 in a research note on Wednesday, June 3rd. Finally, Zacks Research raised shares of lululemon athletica from a "strong sell" rating to a "hold" rating in a report on Wednesday, August 19th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twenty-five have issued a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Reduce" and an average price target of $148.38.

About lululemon athletica

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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