Flossbach Von Storch SE Makes New $207.39 Million Investment in lululemon athletica inc. $LULU

Flossbach Von Storch SE bought a new stake in shares of lululemon athletica inc. (NASDAQ:LULU - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 1,816,360 shares of the apparel retailer's stock, valued at approximately $207,392,000. Flossbach Von Storch SE owned about 1.53% of lululemon athletica at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Uniplan Investment Counsel Inc. bought a new stake in shares of lululemon athletica during the 4th quarter valued at about $26,000. Elyxium Wealth LLC bought a new position in lululemon athletica in the fourth quarter worth about $31,000. Rexford Capital Inc. bought a new position in lululemon athletica in the first quarter worth about $31,000. DV Equities LLC acquired a new position in lululemon athletica in the fourth quarter valued at approximately $31,000. Finally, Gould Capital LLC bought a new position in shares of lululemon athletica during the first quarter valued at approximately $32,000. 85.20% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. BNP Paribas Exane downgraded lululemon athletica from a "neutral" rating to an "underperform" rating and set a $88.00 price target on the stock. in a report on Friday, June 5th. Citigroup lowered their price objective on lululemon athletica from $185.00 to $130.00 and set a "neutral" rating for the company in a research note on Tuesday, June 9th. Stifel Nicolaus dropped their target price on lululemon athletica from $176.00 to $134.00 and set a "hold" rating on the stock in a research report on Friday, June 5th. Robert W. Baird cut their target price on 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, BTIG Research downgraded shares of lululemon athletica from a "buy" rating to a "neutral" rating in a report on Friday, June 5th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twenty-four have assigned a Hold rating and six have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Reduce" and a consensus target price of $148.54.

lululemon athletica Trading Up 0.4%

Shares of NASDAQ LULU opened at $119.45 on Thursday. The stock has a 50 day simple moving average of $117.50 and a 200-day simple moving average of $140.94. The company has a market cap of $14.18 billion, a PE ratio of 9.64, a P/E/G ratio of 3.90 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 issued its quarterly earnings data on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.67 by $0.02. The business had revenue of $2.47 billion during 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 business's revenue for the quarter was up 4.3% compared to the same quarter last year. During the same period in the prior year, the company posted $2.60 EPS. 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 forecast that lululemon athletica inc. will post 10.93 earnings per share for the current fiscal year.

Insider Activity

In other lululemon athletica news, Director Charles V. Bergh purchased 4,275 shares of the stock in a transaction dated Monday, June 15th. The shares were bought 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 trade represents a 70.20% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.54% of the company's stock.

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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