Legal & General Group Plc Makes New $100.66 Million Investment in lululemon athletica inc. $LULU

Key Points

• Legal & General Group Plc acquired 881,587 lululemon shares worth approximately $100.66 million, giving it a 0.74% stake. Institutional investors and hedge funds collectively own 85.2% of the company.
• Lululemon’s latest quarterly results modestly beat expectations, with $1.69 in EPS and $2.47 billion in revenue, up 4.3% year over year. However, analysts cited weakness in North America and China, margin pressure, and the risk of a fiscal 2026 outlook reduction.
• Sentiment toward LULU has deteriorated: several firms cut price targets or downgraded the stock, contributing to an average “Reduce” rating and a $148.38 consensus price target, while shares recently traded near $115.

Legal & General Group Plc acquired a new position in lululemon athletica inc. (NASDAQ:LULU - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The firm acquired 881,587 shares of the apparel retailer's stock, valued at approximately $100,660,000. Legal & General Group Plc owned 0.74% of lululemon athletica at the end of the most recent reporting period.

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

Insider Activity

In other lululemon athletica news, Director Charles V. Bergh bought 4,275 shares of the company's stock in a transaction dated Monday, June 15th. The shares were acquired at an average cost of $117.05 per share, with a total value of $500,388.75. Following the completion of the transaction, the director owned 10,365 shares in the company, valued at $1,213,223.25. The trade was a 70.20% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.54% of the company's stock.

lululemon athletica News Summary

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

lululemon athletica Trading Down 1.2%

Shares of LULU stock opened at $115.00 on Friday. The firm has a fifty day simple moving average of $117.76 and a 200-day simple moving average of $138.56. The company has a market capitalization of $13.65 billion, a PE ratio of 9.28, a price-to-earnings-growth ratio of 3.82 and a beta of 0.86. lululemon athletica inc. has a twelve month low of $104.44 and a twelve month high of $225.98.

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

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on LULU shares. Jefferies Financial Group decreased their price target on shares of lululemon athletica from $145.00 to $115.00 and set a "hold" rating for the company in a research report on Friday, June 5th. BTIG Research lowered lululemon athletica from a "buy" rating to a "neutral" rating in a research report on Friday, June 5th. Morgan Stanley restated an "underweight" rating and set a $93.00 price objective on shares of lululemon athletica in a research note on Monday, July 6th. UBS Group decreased their target price on lululemon athletica from $124.00 to $120.00 and set a "neutral" rating for the company in a research report on Tuesday. Finally, Robert W. Baird lowered their target price on lululemon athletica from $170.00 to $140.00 and set a "neutral" rating for the company in a research note on Friday, June 5th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twenty-five have given a Hold rating and five have given a Sell rating to the company. According to MarketBeat.com, lululemon athletica has an average rating of "Reduce" and an average price target of $148.38.

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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