Gateway Investment Advisers LLC Has $9.36 Million Position in lululemon athletica inc. $LULU

Key Points

• Gateway Investment Advisers LLC raised its stake in lululemon by 60% in Q4 to 45,062 shares valued at $9.36 million, and other institutional investors also boosted positions, leaving institutions owning about 85.2% of the stock.
• Multiple analysts trimmed targets (e.g., BTIG to $225, Wells Fargo to $150, JPMorgan to $173), and the stock carries a consensus rating of 'Hold' with a $203.80 average target.
• Director Charles V. Bergh purchased 6,090 shares for roughly $1.0 million, while founder Chip Wilson is actively campaigning for board nominees, escalating a governance battle that raises near‑term uncertainty.

Gateway Investment Advisers LLC lifted its holdings in shares of lululemon athletica inc. (NASDAQ:LULU - Free Report) by 60.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 45,062 shares of the apparel retailer's stock after purchasing an additional 16,901 shares during the quarter. Gateway Investment Advisers LLC's holdings in lululemon athletica were worth $9,364,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Hussman Strategic Advisors Inc. raised its position in shares of lululemon athletica by 66.7% during the third quarter. Hussman Strategic Advisors Inc. now owns 21,000 shares of the apparel retailer's stock worth $3,737,000 after purchasing an additional 8,400 shares during the period. Pacific Heights Asset Management LLC raised its position in shares of lululemon athletica by 44.4% during the third quarter. Pacific Heights Asset Management LLC now owns 65,000 shares of the apparel retailer's stock worth $11,565,000 after purchasing an additional 20,000 shares during the period. Oppenheimer Asset Management Inc. raised its position in shares of lululemon athletica by 46.6% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 25,594 shares of the apparel retailer's stock worth $5,319,000 after purchasing an additional 8,134 shares during the period. Mediolanum International Funds Ltd raised its position in shares of lululemon athletica by 72.8% during the third quarter. Mediolanum International Funds Ltd now owns 54,318 shares of the apparel retailer's stock worth $9,729,000 after purchasing an additional 22,891 shares during the period. Finally, Mitsubishi UFJ Trust & Banking Corp raised its position in shares of lululemon athletica by 105.9% during the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 123,054 shares of the apparel retailer's stock worth $21,895,000 after purchasing an additional 63,296 shares during the period. Institutional investors and hedge funds own 85.20% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on LULU shares. BTIG Research cut their target price on lululemon athletica from $250.00 to $225.00 and set a "buy" rating on the stock in a research note on Wednesday, March 18th. Wells Fargo & Company cut their target price on lululemon athletica from $175.00 to $150.00 and set an "equal weight" rating on the stock in a research note on Wednesday, March 18th. JPMorgan Chase & Co. cut their target price on lululemon athletica from $196.00 to $173.00 in a research note on Wednesday. UBS Group cut their target price on lululemon athletica from $189.00 to $176.00 and set a "neutral" rating on the stock in a research note on Wednesday, March 18th. Finally, Stifel Nicolaus cut their target price on lululemon athletica from $210.00 to $176.00 and set a "hold" rating on the stock in a research note on Wednesday, March 18th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, twenty-eight have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $203.80.

Insiders Place Their Bets

In related news, Director Charles V. Bergh purchased 6,090 shares of the stock in a transaction on Friday, March 20th. The shares were purchased at an average price of $164.20 per share, with a total value of $999,978.00. Following the transaction, the director directly owned 6,090 shares of the company's stock, valued at $999,978. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Nicole Neuburger sold 622 shares of the business's stock in a transaction that occurred on Wednesday, April 8th. The stock was sold at an average price of $161.00, for a total value of $100,142.00. Following the transaction, the insider directly owned 19,156 shares in the company, valued at $3,084,116. This trade represents a 3.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.54% of the company's stock.

lululemon athletica News Roundup

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

• Positive Sentiment: Wilson publishes a shareholder letter outlining a creative, product‑led turnaround and names three independent board nominees he says will restore lululemon's "cool" and innovation focus; that plan could be seen as a constructive strategic roadmap if it gains shareholder support. Chip Wilson Issues Letter to lululemon Shareholders
• Neutral Sentiment: Trade and macro headwinds remain a drag on growth, but commentators note lululemon's strong balance sheet — this keeps the company's long‑term optionality intact even as near‑term comps and margins are pressured. Trade Barriers Have Been a Huge Negative for Lululemon Stock Investors
• Negative Sentiment: Founder Wilson is actively urging shareholders to vote for his board nominees, escalating a public governance battle that increases near‑term uncertainty around management and strategy. Lululemon Founder Chip Wilson Urges Shareholders To Vote for His Board Nominees
• Negative Sentiment: Analysts have trimmed targets: JPMorgan cut its price target to $173 and Robert W. Baird lowered its target to $170 — both moves signal reduced near‑term expectations and can weigh on sentiment. lululemon athletica NASDAQ: LULU Given New $173.00 Price Target at JPMorgan Chase & Co. lululemon price target lowered by Robert W. Baird
• Negative Sentiment: Coverage highlights an ongoing CEO succession dispute (founder opposes former‑Nike exec Heidi O'Neill) and recent short‑term share weakness, reinforcing volatility until governance and leadership issues are resolved. Lululemon Athletica Inc. (LULU) On Edge Amid Next CEO Squabbles Lululemon (LULU) Stock Sinks As Market Gains: Here's Why

lululemon athletica Stock Performance

NASDAQ LULU opened at $133.59 on Friday. The stock has a market capitalization of $16.13 billion, a price-to-earnings ratio of 10.04, a PEG ratio of 4.06 and a beta of 0.90. lululemon athletica inc. has a 52 week low of $127.80 and a 52 week high of $340.25. The stock's 50 day moving average price is $159.15 and its two-hundred day moving average price is $176.79.

lululemon athletica (NASDAQ:LULU - Get Free Report) last posted its quarterly earnings results on Tuesday, March 17th. The apparel retailer reported $5.01 earnings per share for the quarter, topping the consensus estimate of $4.78 by $0.23. The firm had revenue of $3.64 billion for the quarter, compared to analyst estimates of $3.59 billion. lululemon athletica had a return on equity of 34.82% and a net margin of 14.22%.The business's quarterly revenue was up .0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $6.14 EPS. On average, equities research analysts forecast that lululemon athletica inc. will post 12.31 EPS for the current year.

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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