lululemon athletica inc. $LULU Shares Acquired by Algert Global LLC

Key Points

• Algert Global significantly increased its LULU position by 2,844.4% in the second quarter, reaching 54,471 shares valued at approximately $6.2 million. Institutional investors collectively own 85.2% of the stock.
• Analyst sentiment remains cautious: multiple firms cut their price targets, and MarketBeat reports a consensus “Reduce” rating with a $148.38 target price.
• Lululemon’s latest quarter modestly exceeded expectations, with $1.69 in EPS and $2.47 billion in revenue, but shares remain near their 52-week low as investors weigh weak growth in the U.S. and China and potential fiscal-year guidance reductions.

Algert Global LLC boosted its holdings in lululemon athletica inc. (NASDAQ:LULU - Free Report) by 2,844.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 54,471 shares of the apparel retailer's stock after acquiring an additional 52,621 shares during the quarter. Algert Global LLC's holdings in lululemon athletica were worth $6,219,000 at the end of the most recent quarter.

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

Insider Transactions at lululemon athletica

In other lululemon athletica news, Director Charles V. Bergh purchased 4,275 shares of the company's stock in a transaction on Monday, June 15th. The shares were purchased at an average cost of $117.05 per share, with a total value of $500,388.75. Following the completion of the purchase, the director owned 10,365 shares in the company, valued at $1,213,223.25. This represents a 70.20% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.54% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

LULU has been the topic of several recent analyst reports. Barclays dropped their target price on shares of lululemon athletica from $161.00 to $113.00 and set an "equal weight" rating on the stock in a report on Friday, June 5th. Telsey Advisory Group dropped their price target on shares of lululemon athletica from $175.00 to $122.00 and set a "market perform" rating for the company in a research report on Friday, June 5th. Wells Fargo & Company lowered their target price on shares of lululemon athletica from $110.00 to $105.00 and set an "equal weight" rating on the stock in a report on Tuesday, July 21st. Citigroup dropped their price target on lululemon athletica from $185.00 to $130.00 and set a "neutral" rating for the company in a report on Tuesday, June 9th. Finally, Jefferies Financial Group reduced their target price on shares of lululemon athletica from $145.00 to $115.00 and set a "hold" rating on the stock in a research 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 issued a Sell rating to the company. According to MarketBeat, lululemon athletica currently has a consensus rating of "Reduce" and a consensus target price of $148.38.

lululemon athletica Price Performance

lululemon athletica stock opened at $116.35 on Thursday. The company's 50-day moving average is $117.70 and its 200-day moving average is $138.97. The firm has a market capitalization of $13.81 billion, a PE ratio of 9.39, a P/E/G ratio of 3.88 and a beta of 0.86. lululemon athletica inc. has a fifty-two week low of $104.44 and a fifty-two week 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 EPS for the quarter, beating analysts' consensus estimates of $1.67 by $0.02. The firm had revenue of $2.47 billion for 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 company's revenue for the quarter was up 4.3% on a year-over-year basis. During the same period in the prior year, the firm 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. As a group, 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: UBS expects Lululemon to potentially exceed second-quarter earnings expectations, supported by cost controls and share repurchases. The company is scheduled to report results on September 3. Lululemon Athletica Set to Top Second Quarter Earnings Expectations on Cost Control, Share Repurchases, UBS Says
• Positive Sentiment: Recent analyst commentary suggests LULU could benefit from disciplined expense management and buybacks even if revenue growth remains subdued. The company’s latest reported quarter also exceeded consensus estimates for revenue and earnings. Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies
• Neutral Sentiment: Analyst sentiment is mixed ahead of the earnings release. UBS maintains a neutral view, while other coverage is focused on whether Lululemon can stabilize growth in its largest markets. Should You Buy Lululemon Stock Before Sept. 3?
• Negative Sentiment: UBS warned that Lululemon may reduce its fiscal 2026 earnings outlook because of weaker-than-expected sales in the U.S. and China. The firm reportedly expects a reduction of approximately $1.25 per share, raising concerns about the company’s longer-term growth trajectory. Lululemon May Cut Annual Earnings Outlook Amid Weak US, China Sales, Warns UBS
• Negative Sentiment: UBS lowered its LULU price target from $124 to $120 and kept a neutral rating, reflecting limited expected upside and persistent demand concerns. UBS Lowers Lululemon Price Target

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.

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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