Formula Growth Ltd. Invests $2.85 Million in lululemon athletica inc. $LULU

Formula Growth Ltd. acquired a new stake in shares of lululemon athletica inc. (NASDAQ:LULU - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 25,000 shares of the apparel retailer's stock, valued at approximately $2,854,000.

A number of other institutional investors have also made changes to their positions in the stock. Uniplan Investment Counsel Inc. acquired a new position in lululemon athletica during the fourth quarter valued at approximately $26,000. Elyxium Wealth LLC acquired a new stake in shares of lululemon athletica in the fourth quarter worth $31,000. Rexford Capital Inc. acquired a new stake in shares of lululemon athletica in the first quarter worth $31,000. DV Equities LLC bought a new stake in shares of lululemon athletica during the 4th quarter worth $31,000. Finally, Gould Capital LLC bought a new stake in shares of lululemon athletica during the 1st quarter worth $32,000. 85.20% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

LULU has been the topic of several recent analyst reports. Telsey Advisory Group dropped their target price on shares of lululemon athletica from $175.00 to $122.00 and set a "market perform" rating on the stock in a report on Friday, June 5th. Freedom Capital upgraded shares of lululemon athletica from a "strong sell" rating to a "hold" rating in a report on Friday, June 5th. Citigroup lowered their price target on lululemon athletica from $185.00 to $130.00 and set a "neutral" rating on the stock in a research report on Tuesday, June 9th. Zacks Research upgraded lululemon athletica from a "strong sell" rating to a "hold" rating in a research note on Wednesday, August 19th. Finally, Stifel Nicolaus dropped their price objective on lululemon athletica from $176.00 to $134.00 and set a "hold" rating on the stock in a research note on Friday, June 5th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twenty-five have assigned a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Reduce" and an average target price of $148.38.

lululemon athletica Stock Down 1.2%

Shares of LULU opened at $115.00 on Friday. lululemon athletica inc. has a 12-month low of $104.44 and a 12-month high of $225.98. The firm has a market capitalization of $13.65 billion, a price-to-earnings ratio of 9.28, a P/E/G ratio of 3.82 and a beta of 0.86. The stock's 50-day moving average price is $117.76 and its 200 day moving average price is $138.56.

lululemon athletica (NASDAQ:LULU - Get Free Report) last posted 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 return on equity of 31.26% and a net margin of 13.03%.The firm had revenue of $2.47 billion during the quarter, compared to analysts' expectations of $2.44 billion. During the same quarter in the prior year, the firm posted $2.60 EPS. The company's revenue for the quarter was up 4.3% on a year-over-year basis. 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. Equities research analysts expect that lululemon athletica inc. will post 10.93 EPS for the current year.

lululemon athletica News Roundup

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

• Positive Sentiment: Analysts expect international growth and the company’s Power of Three ×2 strategy to support second-quarter results. LULU also has a strong history of exceeding earnings estimates, giving investors a potential upside surprise catalyst. lululemon Q2 Earnings Upcoming: Is It Likely to Surprise Investors? Will Lululemon Beat Estimates Again?
• Positive Sentiment: Recent consensus commentary identifies favorable earnings-surprise indicators ahead of the report, potentially reinforcing the view that LULU can outperform quarterly expectations. Lululemon Expected to Beat Earnings Estimates
• Neutral Sentiment: The upcoming August jobs report and other economic data could influence interest-rate expectations and consumer-related stocks broadly, adding a macroeconomic factor ahead of the Federal Reserve’s September decision. The Week Ahead: August Jobs Report Takes Center Stage
• Negative Sentiment: UBS issued a pessimistic stock-price forecast, while a separate report cited an analyst downgrade that caused LULU shares to gap lower. These actions signal diminished confidence in the company’s near-term growth outlook. UBS Issues Pessimistic Forecast Lululemon Shares Gap Down on Analyst Downgrade
• Negative Sentiment: Analysts warn that weaker trends in the U.S. and China could prompt LULU to cut its fiscal 2026 outlook and lower longer-term growth expectations. North American softness and margin pressure remain central risks for the earnings report. Is Lululemon About to Cut Its 2026 Outlook? Lululemon Q2 Earnings Upcoming

Insider Activity at lululemon athletica

In other news, Director Charles V. Bergh bought 4,275 shares of the business's stock in a transaction that occurred on Monday, June 15th. The stock was acquired at an average cost of $117.05 per share, for a total transaction of $500,388.75. Following the completion of the purchase, the director owned 10,365 shares of the company's stock, valued at $1,213,223.25. This trade represents a 70.20% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.54% of the company's stock.

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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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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