National Pension Service Sells 11,666 Shares of lululemon athletica inc. $LULU

Key Points

• National Pension Service cut its lululemon stake by 45.7% in the second quarter, selling 11,666 shares and retaining 13,852 shares valued at approximately $1.58 million. Institutional investors still own 85.2% of the company.
• Lululemon’s latest quarter showed mixed results: EPS of $2.92 beat estimates, but revenue fell 4.3% year over year to $2.42 billion. Management reduced its FY2026 revenue outlook, while third-quarter revenue is expected to decline 10% to 11%.
• Analyst sentiment remains cautious, with a consensus “Reduce” rating and an average price target of $111.54. Shares recently traded near their 52-week low, as analysts cited weakening demand, margin pressure and uncertainty around fiscal 2027.

National Pension Service lessened its holdings in shares of lululemon athletica inc. (NASDAQ:LULU - Free Report) by 45.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,852 shares of the apparel retailer's stock after selling 11,666 shares during the quarter. National Pension Service's holdings in lululemon athletica were worth $1,582,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. NorthRock Partners LLC boosted its stake in shares of lululemon athletica by 4.2% during the 3rd quarter. NorthRock Partners LLC now owns 1,553 shares of the apparel retailer's stock worth $276,000 after acquiring an additional 62 shares during the period. Murphy & Mullick Capital Management Corp lifted its holdings in lululemon athletica by 4.3% during the 1st quarter. Murphy & Mullick Capital Management Corp now owns 1,578 shares of the apparel retailer's stock valued at $242,000 after purchasing an additional 65 shares during the last quarter. IHT Wealth Management LLC lifted its holdings in lululemon athletica by 1.7% during the 2nd quarter. IHT Wealth Management LLC now owns 4,276 shares of the apparel retailer's stock valued at $1,016,000 after purchasing an additional 73 shares during the last quarter. GW&K Investment Management LLC boosted its position in lululemon athletica by 70.3% during the fourth quarter. GW&K Investment Management LLC now owns 189 shares of the apparel retailer's stock worth $39,000 after purchasing an additional 78 shares during the period. Finally, Golden State Wealth Management LLC increased its holdings in shares of lululemon athletica by 43.6% in the fourth quarter. Golden State Wealth Management LLC now owns 280 shares of the apparel retailer's stock valued at $58,000 after purchasing an additional 85 shares during the last quarter. Institutional investors own 85.20% of the company's stock.

Key Stories Impacting lululemon athletica

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

• Positive Sentiment: Investor Michael Burry described lululemon as a potential “generational buying opportunity” below $100, arguing that the market may be overreacting to the company’s recent weakness. Cramer and Burry on Lululemon
• Positive Sentiment: The stock’s low valuation and decline toward its 52-week low may be attracting contrarian investors, despite concerns about slowing sales.
• Neutral Sentiment: Multiple law firms announced investigations into potential securities-law violations related to lululemon’s growth outlook and business condition. The announcements are investor solicitations and do not establish wrongdoing. LULU investor investigation
• Negative Sentiment: Analyst sentiment deteriorated: BMO initiated coverage with an Underperform rating and a $70 target, while Citigroup lowered its expectations. Analysts cited weakening demand in North America and China, margin pressure, and uncertainty around fiscal 2027. Analyst downgrades
• Negative Sentiment: The key fundamental issue remains the reduced FY2026 revenue outlook of $10.35 billion to $10.50 billion, down approximately $650 million at the midpoint, with third-quarter revenue expected to decline 10% to 11%. Revenue also fell 4% year over year in the latest quarter. LULU outlook reduction

lululemon athletica Stock Performance

Shares of NASDAQ:LULU opened at $98.97 on Monday. The firm has a 50 day moving average of $116.77 and a 200-day moving average of $133.20. The stock has a market capitalization of $11.46 billion, a PE ratio of 8.11, a PEG ratio of 2.33 and a beta of 0.87. lululemon athletica inc. has a 12 month low of $95.67 and a 12 month high of $225.98.

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 business 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 posted $3.10 earnings per share. The firm's quarterly revenue was down 4.3% compared to the same quarter last year. 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 predict that lululemon athletica inc. will post 9.65 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently weighed in on LULU. KeyCorp reissued a "sector weight" rating on shares of lululemon athletica in a research report on Friday, September 4th. Morgan Stanley cut 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. BTIG Research restated a "neutral" rating on shares of lululemon athletica in a report on Friday, September 4th. Freedom Capital raised lululemon athletica from a "strong sell" rating to a "hold" rating in a research report on Friday, June 5th. Finally, Robert W. Baird dropped their price target on lululemon athletica from $140.00 to $115.00 and set a "neutral" rating for the company in a report on Friday, September 4th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Hold rating and six have issued a Sell rating to the stock. According to data from MarketBeat.com, lululemon athletica has a consensus rating of "Reduce" and an average target price of $111.54.

lululemon athletica Company Profile

lululemon athletica inc. is a designer, distributor and retailer of athletic apparel, footwear and accessories. The company's products are developed for activities including yoga, running, training, tennis and other forms of exercise, as well as everyday use. Its offerings include leggings, tops, shorts, outerwear, footwear, bags and fitness accessories for women and men.

Founded in 1998 in Vancouver, British Columbia, lululemon began as a yoga-focused apparel company and has expanded into a broader performance and lifestyle brand.

Want to see what other hedge funds are holding LULU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for lululemon athletica inc. (NASDAQ:LULU - Free Report).

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.