Korea Investment CORP Purchases Shares of 25,478 lululemon athletica inc. $LULU

Korea Investment CORP purchased a new position in shares of lululemon athletica inc. (NASDAQ:LULU - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 25,478 shares of the apparel retailer's stock, valued at approximately $2,909,000.

Other institutional investors and hedge funds have also modified their holdings of the company. BlackRock Inc. purchased a new position in lululemon athletica in the 2nd quarter valued at $1,010,565,000. Geode Capital Management LLC boosted its holdings in lululemon athletica by 2.4% in the 4th quarter. Geode Capital Management LLC now owns 3,049,911 shares of the apparel retailer's stock valued at $631,526,000 after purchasing an additional 71,464 shares during the last quarter. Invesco Ltd. grew its position in lululemon athletica by 28.7% in the third quarter. Invesco Ltd. now owns 2,200,552 shares of the apparel retailer's stock worth $391,544,000 after acquiring an additional 490,127 shares during the period. Morgan Stanley increased its stake in lululemon athletica by 2.8% during the fourth quarter. Morgan Stanley now owns 2,197,158 shares of the apparel retailer's stock worth $456,592,000 after acquiring an additional 59,282 shares during the last quarter. Finally, Flossbach Von Storch SE purchased a new stake in lululemon athletica in the second quarter valued at $207,392,000. Institutional investors and hedge funds own 85.20% of the company's stock.

Insider Buying and Selling at lululemon athletica

In other news, Director Charles V. Bergh acquired 4,275 shares of the firm's stock in a transaction dated Monday, June 15th. The stock was acquired 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 $1,213,223.25. The trade was a 70.20% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.54% of the company's stock.

lululemon athletica Price Performance

LULU stock opened at $122.78 on Tuesday. The business's 50-day moving average is $117.55 and its two-hundred day moving average is $139.77. The firm has a market capitalization of $14.57 billion, a P/E ratio of 9.91, a P/E/G ratio of 3.97 and a beta of 0.86. 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 net margin of 13.03% and a return on equity of 31.26%. The company's revenue was up 4.3% on a year-over-year basis. During the same period last year, the business earned $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. On average, analysts expect that lululemon athletica inc. will post 10.93 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on LULU shares. UBS Group lowered their price target on lululemon athletica from $153.00 to $124.00 and set a "neutral" rating for the company in a report on Sunday, June 7th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of lululemon athletica from $171.00 to $127.00 and set a "hold" rating for the company in a research note on Monday, June 8th. Weiss Ratings raised shares of lululemon athletica from a "sell (d)" rating to a "sell (d+)" rating in a research note on Wednesday, August 5th. Zacks Research upgraded shares of lululemon athletica from a "strong sell" rating to a "hold" rating in a report on Wednesday, August 19th. 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-five have issued a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of "Reduce" and a consensus price target of $148.54.

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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