lululemon athletica inc. $LULU Stock Sold by Sumitomo Mitsui Trust Group Inc.

Key Points

• Sumitomo Mitsui Trust Group cut its Lululemon stake by 97% in the third quarter, selling 257,511 shares and retaining 7,858 shares valued at about $756,000.
• Lululemon reported quarterly earnings of $2.92 per share, above the $1.79 consensus estimate, but revenue of $2.42 billion fell short of forecasts and declined 4.3% year over year.
• Analyst sentiment is cautious: MarketBeat’s average rating is “Reduce,” with a $105.26 average price target; several firms recently lowered targets or rated the stock “Hold” or “Sell.”

Sumitomo Mitsui Trust Group Inc. decreased its stake in shares of lululemon athletica inc. (NASDAQ:LULU - Free Report) by 97.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,858 shares of the apparel retailer's stock after selling 257,511 shares during the period. Sumitomo Mitsui Trust Group Inc.'s holdings in lululemon athletica were worth $756,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Baird Financial Group Inc. boosted its stake in shares of lululemon athletica by 7.4% in the 2nd quarter. Baird Financial Group Inc. now owns 413,412 shares of the apparel retailer's stock worth $47,203,000 after buying an additional 28,643 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of lululemon athletica by 37.1% in the second quarter. Envestnet Asset Management Inc. now owns 66,957 shares of the apparel retailer's stock worth $7,645,000 after acquiring an additional 18,123 shares during the period. Flossbach Von Storch SE purchased a new stake in lululemon athletica during the second quarter valued at $207,392,000. Cibc World Market Inc. purchased a new stake in lululemon athletica during the second quarter valued at $40,646,000. Finally, Deutsche Bank AG bought a new position in lululemon athletica in the second quarter valued at about $80,580,000. Hedge funds and other institutional investors own 85.20% of the company's stock.

lululemon athletica Stock Performance

NASDAQ LULU opened at $110.79 on Monday. lululemon athletica inc. has a 12 month low of $90.38 and a 12 month high of $225.98. The stock has a market cap of $12.83 billion, a price-to-earnings ratio of 9.07, a PEG ratio of 2.64 and a beta of 0.84. The company's 50 day moving average is $102.16 and its two-hundred day moving average is $132.24.

lululemon athletica (NASDAQ:LULU - Get Free Report) last issued its quarterly earnings results on Thursday, September 3rd. The apparel retailer reported $2.92 earnings per share for the quarter, beating the consensus estimate of $1.79 by $1.13. The business had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.46 billion. lululemon athletica had a net margin of 12.78% and a return on equity of 27.69%. The company's revenue for the quarter was down 4.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.10 earnings per share. 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 forecast that lululemon athletica inc. will post 9.55 EPS for the current year.

Wall Street Analyst Weigh In

LULU has been the topic of several research reports. Telsey Advisory Group dropped their target price on lululemon athletica from $122.00 to $110.00 and set a "market perform" rating on the stock in a research report on Friday, September 4th. Weiss Ratings downgraded lululemon athletica from a "sell (d+)" rating to a "sell (d)" rating in a research note on Monday, October 26th. BMO Capital Markets initiated coverage on shares of lululemon athletica in a research report on Wednesday, September 9th. They set an "underperform" rating and a $70.00 price target for the company. UBS Group lowered their price objective on shares of lululemon athletica from $120.00 to $106.00 and set a "neutral" rating on the stock in a research note on Friday, September 4th. Finally, Stifel Nicolaus dropped their price objective on shares of lululemon athletica from $134.00 to $100.00 and set a "hold" rating on the stock in a report on Friday, September 4th. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Hold rating and seven have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Reduce" and an average target price of $105.26.

Key Headlines Impacting lululemon athletica

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

lululemon athletica Company Profile

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