lululemon athletica inc. $LULU Stock Sold by Robeco Institutional Asset Management B.V.

Key Points

• Robeco Institutional Asset Management B.V. cut its lululemon stake by 84.5% in the third quarter, selling 39,946 shares and retaining 7,352 shares valued at approximately $707,000.
• Analyst sentiment is cautious: lululemon has a consensus “Reduce” rating, with 21 Holds and eight Sells, and an average price target of $105.26. Wolfe Research initiated coverage with an “Underperform” rating and a $75 target.
• Lululemon’s latest quarter beat EPS estimates at $2.92 versus $1.79 expected, but revenue declined 4.3% year over year to $2.42 billion. Shares opened at $102.91, near their 52-week low of $90.38 and well below the $225.98 high.

Robeco Institutional Asset Management B.V. decreased its holdings in lululemon athletica inc. (NASDAQ:LULU - Free Report) by 84.5% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 7,352 shares of the apparel retailer's stock after selling 39,946 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in lululemon athletica were worth $707,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Rexford Capital Inc. bought a new stake in lululemon athletica during the 1st quarter worth about $31,000. Gould Capital LLC acquired a new stake in lululemon athletica in the 1st quarter valued at about $32,000. Allied Private Wealth LLC acquired a new stake in lululemon athletica in the 2nd quarter valued at about $34,000. Ancora Advisors LLC acquired a new stake in lululemon athletica in the 2nd quarter valued at about $37,000. Finally, Cassaday & Co Wealth Management LLC bought a new position in shares of lululemon athletica in the first quarter worth about $38,000. Institutional investors and hedge funds own 85.20% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. KeyCorp reiterated a "sector weight" rating on shares of lululemon athletica in a research report on Friday, September 4th. Bank of America lowered their price target on shares of lululemon athletica from $140.00 to $122.00 and set a "neutral" rating for the company in a report on Friday, September 4th. Morgan Stanley dropped 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. The Goldman Sachs Group reduced their price objective on lululemon athletica from $111.00 to $95.00 and set a "neutral" rating on the stock in a report on Friday, September 4th. Finally, Wolfe Research began coverage on lululemon athletica in a research report on Thursday, October 22nd. They issued an "underperform" rating and a $75.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, twenty-one have given a Hold rating and eight have issued a Sell rating to the stock. According to MarketBeat.com, lululemon athletica presently has a consensus rating of "Reduce" and an average price target of $105.26.

lululemon athletica Price Performance

Shares of NASDAQ LULU opened at $102.91 on Tuesday. The company's 50 day simple moving average is $104.24 and its 200 day simple moving average is $137.16. lululemon athletica inc. has a fifty-two week low of $90.38 and a fifty-two week high of $225.98. The firm has a market capitalization of $11.92 billion, a P/E ratio of 8.72, a P/E/G ratio of 2.36 and a beta of 0.92.

lululemon athletica (NASDAQ:LULU - Get Free Report) last announced its quarterly earnings data on Thursday, September 3rd. The apparel retailer reported $2.92 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $2.42 billion for the quarter, compared to analysts' expectations of $2.46 billion. During the same period last year, the firm earned $3.10 earnings per share. 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 expect that lululemon athletica inc. will post 9.55 EPS for the current fiscal year.

lululemon athletica 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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