lululemon athletica inc. $LULU Shares Sold by Northwestern Mutual Wealth Management Co.

Key Points

• Northwestern Mutual Wealth Management cut its lululemon stake by 92.4% in the second quarter, selling 40,332 shares and retaining 3,306 shares worth approximately $377,000. Institutional investors still own 85.2% of the company.
• Lululemon’s second-quarter EPS of $2.92 beat estimates, but revenue fell 4.3% year over year to $2.42 billion, while comparable sales declined 9%. The company also reduced its fiscal 2026 revenue and EPS guidance, with third-quarter revenue expected to fall 10%-11%.
• Analysts have become more cautious, with several firms cutting price targets; MarketBeat reports an average rating of “Reduce” and an average target price of $116.46. A CEO transition and concerns over weak traffic, product acceptance and competition continue to weigh on the stock.

Northwestern Mutual Wealth Management Co. lowered its stake in shares of lululemon athletica inc. (NASDAQ:LULU - Free Report) by 92.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,306 shares of the apparel retailer's stock after selling 40,332 shares during the quarter. Northwestern Mutual Wealth Management Co.'s holdings in lululemon athletica were worth $377,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Brighton Jones LLC purchased a new position in shares of lululemon athletica in the 4th quarter valued at approximately $429,000. NewEdge Advisors LLC raised its stake in shares of lululemon athletica by 5.1% during the first quarter. NewEdge Advisors LLC now owns 3,848 shares of the apparel retailer's stock worth $1,089,000 after purchasing an additional 186 shares during the last quarter. Glenview Trust co raised its stake in shares of lululemon athletica by 39.9% during the second quarter. Glenview Trust co now owns 996 shares of the apparel retailer's stock worth $237,000 after purchasing an additional 284 shares during the last quarter. Diversify Advisory Services LLC acquired a new stake in shares of lululemon athletica during the second quarter worth $508,000. Finally, Raymond James Financial Inc. lifted its holdings in shares of lululemon athletica by 10.7% during the second quarter. Raymond James Financial Inc. now owns 112,632 shares of the apparel retailer's stock worth $26,759,000 after purchasing an additional 10,891 shares during the period. Institutional investors and hedge funds own 85.20% of the company's stock.

Insider Transactions at lululemon athletica

In related news, Director Charles Bergh bought 4,275 shares of the company's stock in a transaction on Monday, June 15th. The stock was bought 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 in the company, valued at approximately $1,213,223.25. This represents a 70.20% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.54% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on LULU shares. Sanford C. Bernstein dropped their price objective on shares of lululemon athletica from $145.00 to $115.00 and set a "market perform" rating on the stock in a research note on Friday. Freedom Capital upgraded shares of lululemon athletica from a "strong sell" rating to a "hold" rating in a research note on Friday, June 5th. The Goldman Sachs Group lowered their target price on shares of lululemon athletica from $111.00 to $95.00 and set a "neutral" rating on the stock in a report on Friday. Guggenheim reissued a "neutral" rating on shares of lululemon athletica in a report on Friday. Finally, Piper Sandler reduced their price objective on shares of lululemon athletica from $110.00 to $80.00 and set a "neutral" rating for the company in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat.com, lululemon athletica has an average rating of "Reduce" and an average target price of $116.46.

Key lululemon athletica News

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

• Positive Sentiment: Fiscal Q2 adjusted EPS of $2.92 exceeded the $1.79 consensus estimate. However, approximately $0.86 per share of the result came from tariff refunds, making the beat less indicative of underlying operating strength. lululemon Q2 Earnings Beat on Tariff Refunds Despite Revenue Miss
• Positive Sentiment: Michael Burry reportedly remains bullish and indicated he may buy more shares below $100, offering a contrarian vote of confidence despite the disappointing results. Lululemon Sinks 20% After Second Guidance Cut
• Neutral Sentiment: Incoming CEO Heidi O’Neill takes over next week, putting renewed focus on whether a product refresh, stronger marketing and improved traffic can restore growth. Lululemon forecast cut hits shares, underscores challenge for next CEO
• Neutral Sentiment: Analyst opinion became more cautious: Goldman Sachs, Barclays, JPMorgan, Morgan Stanley, Piper Sandler and others lowered price targets, though several retained neutral or market-perform ratings and some targets remain above the stock’s recent level.
• Negative Sentiment: Q2 revenue fell 4% year over year to $2.42 billion, below the $2.46 billion consensus, while comparable sales dropped 9%. Americas revenue declined 8% and comparable sales fell 12%, signaling weakness in the company’s core market. Lululemon shares tumble on weak China, North America sales
• Negative Sentiment: Management reduced fiscal 2026 revenue guidance to $10.35 billion-$10.50 billion and EPS guidance to $9.48-$9.73. Q3 revenue is expected to decline 10%-11%, reinforcing concerns that the slowdown will persist.
• Negative Sentiment: The CEO transition, uneven product acceptance, softer store traffic, intense competition and a stronger-than-expected jobs report that increased rate concerns compounded the pressure on the apparel retailer’s valuation.

lululemon athletica Stock Performance

lululemon athletica stock opened at $100.61 on Monday. The company has a market cap of $11.94 billion, a P/E ratio of 8.24, a price-to-earnings-growth ratio of 2.05 and a beta of 0.87. lululemon athletica inc. has a one year low of $97.99 and a one year high of $225.98. The business has a fifty day moving average of $118.42 and a two-hundred day moving average of $136.08.

lululemon athletica (NASDAQ:LULU - Get Free Report) last posted its quarterly earnings results on Thursday, September 3rd. The apparel retailer reported $2.92 earnings per share for the quarter, topping analysts' consensus estimates of $1.79 by $1.13. lululemon athletica had a net margin of 12.78% and a return on equity of 27.69%. The business had revenue of $2.42 billion for the quarter, compared to analysts' expectations of $2.46 billion. During the same period in the prior year, the company posted $3.10 EPS. The business's revenue for the quarter was down 4.3% on a year-over-year basis. lululemon athletica has set its FY 2026 guidance at 9.480-9.730 EPS and its Q3 2026 guidance at 0.930-0.980 EPS. Sell-side analysts predict that lululemon athletica inc. will post 11.14 EPS for the current year.

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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