Danske Bank A S Makes New Investment in lululemon athletica inc. $LULU

Key Points

• Danske Bank acquired 54,959 lululemon shares during the second quarter, valued at approximately $6.3 million. Several other institutions also initiated positions, and institutional investors now own 85.2% of the stock.
• Lululemon reported quarterly earnings of $1.69 per share and revenue of $2.47 billion, slightly exceeding analyst estimates; revenue increased 4.3% year over year. The company guided to fiscal 2026 earnings of $10.95–$11.15 per share.
• Analyst sentiment remains cautious, with 25 Hold ratings and five Sell ratings; MarketBeat lists a consensus rating of “Reduce” and an average price target of $148.54. The stock opened at $121.07, well below its 52-week high of $225.98.

Danske Bank A S bought a new position in lululemon athletica inc. (NASDAQ:LULU - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 54,959 shares of the apparel retailer's stock, valued at approximately $6,275,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Wealthfront Advisers LLC purchased a new position in shares of lululemon athletica during the 2nd quarter valued at $716,000. Black Cypress Capital Management LLC bought a new position in shares of lululemon athletica in the second quarter worth about $4,642,000. Rayburn West Financial Services LLC purchased a new stake in shares of lululemon athletica during the second quarter worth about $2,054,000. Aljian Capital Management LLC purchased a new stake in shares of lululemon athletica during the second quarter worth about $253,000. Finally, Meeder Asset Management Inc. bought a new stake in lululemon athletica during the 2nd quarter valued at approximately $4,525,000. 85.20% of the stock is owned by institutional investors.

lululemon athletica Price Performance

NASDAQ LULU opened at $121.07 on Friday. The company has a market cap of $14.37 billion, a price-to-earnings ratio of 9.77, a PEG ratio of 3.79 and a beta of 0.86. The stock's fifty day moving average price is $117.42 and its 200 day moving average price is $140.39. lululemon athletica inc. has a 1 year low of $104.44 and a 1 year high of $225.98.

lululemon athletica (NASDAQ:LULU - Get Free Report) last announced its quarterly earnings data 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 business had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.44 billion. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.The company's revenue was up 4.3% on a year-over-year basis. During the same period in the prior year, the company 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. Research analysts expect that lululemon athletica inc. will post 10.93 earnings per share for the current year.

Insider Activity

In other news, Director Charles V. Bergh purchased 4,275 shares of the stock in a transaction that occurred on Monday, June 15th. The shares were purchased at an average cost of $117.05 per share, with a total value of $500,388.75. Following the completion of the acquisition, the director owned 10,365 shares of the company's stock, valued at approximately $1,213,223.25. This 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 corporate insiders.

Analyst Ratings Changes

LULU has been the topic of a number of research reports. Morgan Stanley reaffirmed an "underweight" rating and issued a $93.00 price objective on shares of lululemon athletica in a research note on Monday, July 6th. Robert W. Baird reduced their target price on shares of lululemon athletica from $170.00 to $140.00 and set a "neutral" rating on the stock in a report on Friday, June 5th. Rothschild & Co Redburn decreased their target price on shares of lululemon athletica from $160.00 to $110.00 and set a "sell" rating on the stock in a research report on Tuesday, June 16th. Sanford C. Bernstein lowered their price objective on lululemon athletica from $170.00 to $145.00 and set a "market perform" rating for the company in a research note on Wednesday, June 3rd. Finally, Jefferies Financial Group dropped their target price on lululemon athletica from $145.00 to $115.00 and set a "hold" rating for the company in a report on Friday, June 5th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twenty-five have assigned a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Reduce" and an average price target 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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