Deutsche Bank AG Makes New $80.58 Million Investment in lululemon athletica inc. $LULU

Deutsche Bank AG bought a new stake in shares of lululemon athletica inc. (NASDAQ:LULU - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 705,726 shares of the apparel retailer's stock, valued at approximately $80,580,000. Deutsche Bank AG owned about 0.59% of lululemon athletica at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Norges Bank acquired a new stake in lululemon athletica during the 4th quarter worth $362,598,000. Boston Partners acquired a new position in lululemon athletica during the fourth quarter worth about $304,875,000. Invesco Ltd. grew 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 in the last quarter. Bank of New York Mellon Corp acquired a new stake in lululemon athletica in the 2nd quarter valued at about $48,969,000. Finally, Goldman Sachs Group Inc. increased its holdings in shares of lululemon athletica by 77.3% in the fourth quarter. Goldman Sachs Group Inc. now owns 979,054 shares of the apparel retailer's stock valued at $203,457,000 after purchasing an additional 426,860 shares during the last quarter. 85.20% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at lululemon athletica

In other news, Director Charles V. Bergh bought 4,275 shares of the business's stock in a transaction on Monday, June 15th. The shares were bought at an average price of $117.05 per share, with a total value of $500,388.75. Following the completion of the transaction, the director directly owned 10,365 shares in the company, valued at $1,213,223.25. This trade represents a 70.20% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.54% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several brokerages have issued reports on LULU. Freedom Capital upgraded lululemon athletica from a "strong sell" rating to a "hold" rating in a report on Friday, June 5th. Wells Fargo & Company lowered their price target on shares of lululemon athletica from $110.00 to $105.00 and set an "equal weight" rating on the stock in a research report on Tuesday, July 21st. Needham & Company LLC reissued a "hold" rating on shares of lululemon athletica in a report on Friday, June 5th. Stifel Nicolaus cut their price objective on shares of lululemon athletica from $176.00 to $134.00 and set a "hold" rating for the company in a research report on Friday, June 5th. Finally, Jefferies Financial Group reduced their target price on shares of lululemon athletica from $145.00 to $115.00 and set a "hold" rating on the stock in a research note on Friday, June 5th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twenty-four have given a Hold rating and six have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Reduce" and an average target price of $148.54.

lululemon athletica Trading Down 3.1%

Shares of NASDAQ:LULU opened at $115.69 on Friday. The business has a 50-day moving average price of $117.37 and a 200 day moving average price of $140.52. The company has a market capitalization of $13.73 billion, a price-to-earnings ratio of 9.34, a PEG ratio of 3.92 and a beta of 0.86. lululemon athletica inc. has a 12-month low of $104.44 and a 12-month high of $225.98.

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

lululemon athletica Company 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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