lululemon athletica inc. $LULU Shares Sold by VIRGINIA RETIREMENT SYSTEMS ET Al

Key Points

• Virginia Retirement Systems cut its Lululemon stake by 56% in the third quarter, selling 9,050 shares and retaining 7,100 shares valued at about $683,000.
• Analysts have generally turned cautious: the consensus rating is “Reduce,” with an average price target of $105.26, while several firms recently lowered targets.
• Lululemon beat quarterly EPS estimates but missed revenue expectations; revenue fell 4.3% year over year. The company also faces a pending investor class action alleging it understated weakening demand.

VIRGINIA RETIREMENT SYSTEMS ET Al cut its position in shares of lululemon athletica inc. (NASDAQ:LULU - Free Report) by 56.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,100 shares of the apparel retailer's stock after selling 9,050 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al's holdings in lululemon athletica were worth $683,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Gould Capital LLC acquired a new position in shares of lululemon athletica in the 1st quarter valued at about $32,000. Allied Private Wealth LLC acquired a new stake in lululemon athletica during the second quarter worth approximately $34,000. Ancora Advisors LLC acquired a new stake in lululemon athletica during the second quarter worth approximately $37,000. Cassaday & Co Wealth Management LLC bought a new stake in lululemon athletica in the first quarter worth approximately $38,000. Finally, Nvwm LLC increased its holdings in lululemon athletica by 1,904.8% in the third quarter. Nvwm LLC now owns 421 shares of the apparel retailer's stock worth $40,000 after purchasing an additional 400 shares in the last quarter. Institutional investors own 85.20% of the company's stock.

lululemon athletica News Summary

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

• Positive Sentiment: Zacks Research upgraded LULU from “strong sell” to “hold,” a modest improvement in its rating outlook. Zacks Research rating
• Neutral Sentiment: Lululemon named Ben Hallam chief brand officer, effective November 9, and announced Emily Sunderland as chief strategy officer. The hires could reinforce brand and strategic execution, though no expected financial effects were disclosed. Leadership appointments
• Neutral Sentiment: The company unveiled its Ventscape cold-weather running vest at a trade event in China, adding a new product to its running range; sales impact is not yet known. Ventscape run vest launch
• Negative Sentiment: Several law firms publicized a pending investor class action covering purchases from March 18 to September 3, 2026. The complaint alleges Lululemon understated weakening demand before guidance reductions and a sharp stock decline; these are allegations, not established findings. The lead-plaintiff deadline is January 4, 2027. The litigation adds legal and reputational uncertainty. Investor suit details

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on LULU shares. Telsey Advisory Group dropped their price target on lululemon athletica from $122.00 to $110.00 and set a "market perform" rating on the stock in a research note on Friday, September 4th. Morgan Stanley reduced their price objective on shares of lululemon athletica from $93.00 to $83.00 and set an "underweight" rating for the company in a research report on Friday, September 4th. UBS Group lowered their price objective on shares of lululemon athletica from $120.00 to $106.00 and set a "neutral" rating for the company in a research note on Friday, September 4th. Guggenheim reiterated a "neutral" rating on shares of lululemon athletica in a research report on Friday, September 4th. Finally, Truist Financial reissued a "sell" rating and set a $82.00 target price (down from $94.00) on shares of lululemon athletica in a research note on Friday, September 4th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Hold rating and seven have given a Sell rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Reduce" and a consensus target price of $105.26.

lululemon athletica Stock Performance

lululemon athletica stock traded down $0.98 during mid-day trading on Friday, reaching $110.79. The stock had a trading volume of 1,915,411 shares, compared to its average volume of 3,699,580. lululemon athletica inc. has a fifty-two week low of $90.38 and a fifty-two week high of $225.98. The stock's 50-day simple moving average is $102.16 and its 200-day simple moving average is $132.24. The firm has a market capitalization of $12.83 billion, a PE ratio of 9.07, a price-to-earnings-growth ratio of 2.57 and a beta of 0.84.

lululemon athletica (NASDAQ:LULU - Get Free Report) last issued its 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 return on equity of 27.69% and a net margin of 12.78%. The company had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.46 billion. During the same period in the prior year, the firm earned $3.10 earnings per share. lululemon athletica'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. On average, research analysts forecast that lululemon athletica inc. will post 9.55 earnings per share for the current fiscal year.

lululemon athletica Company Profile

lululemon athletica inc. is a Vancouver, British Columbia-based designer, distributor and retailer of technical athletic apparel, footwear and accessories. The company serves consumers seeking products for yoga, running, training, fitness and other active lifestyles.

Its product portfolio includes women's and men's apparel, sports bras, leggings, tops, shorts, outerwear, footwear, bags and related accessories. lululemon sells its products through company-operated stores, e-commerce platforms and selected other channels, while also offering community-based fitness and wellness experiences connected to its brand.

Founded in 1998 by Chip Wilson, lululemon has expanded from its roots in yoga apparel into an international athletic and lifestyle brand.

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