Nykredit A S Takes Position in lululemon athletica inc. $LULU

Key Points

• Nykredit A/S acquired 52,167 lululemon shares during the second quarter, valued at approximately $6.0 million. Institutional investors collectively own 85.2% of the company.
• Lululemon reported quarterly earnings of $2.92 per share, beating estimates of $1.79, while revenue of $2.42 billion fell short of expectations and declined 4.3% year over year.
• Analyst sentiment remains cautious: multiple firms cut their price targets, and the stock carries a consensus “Reduce” rating with an average target of $110.57. Shares opened at $101.30, near their 52-week low of $95.35.

Nykredit A S acquired a new position in shares of lululemon athletica inc. (NASDAQ:LULU - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 52,167 shares of the apparel retailer's stock, valued at approximately $5,956,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. MUFG Securities EMEA plc boosted its stake in shares of lululemon athletica by 9,695.1% during the fourth quarter. MUFG Securities EMEA plc now owns 204,424 shares of the apparel retailer's stock valued at $42,481,000 after acquiring an additional 202,337 shares during the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new position in lululemon athletica in the 4th quarter valued at about $13,989,000. OP Asset Management Ltd purchased a new position in lululemon athletica in the 1st quarter valued at about $1,664,000. Flossbach Von Storch SE purchased a new position in lululemon athletica in the 2nd quarter valued at about $207,392,000. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of lululemon athletica by 25.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 43,054 shares of the apparel retailer's stock worth $8,947,000 after purchasing an additional 8,732 shares during the last quarter. Hedge funds and other institutional investors own 85.20% of the company's stock.

lululemon athletica Stock Up 3.3%

LULU stock opened at $101.30 on Tuesday. The company has a market cap of $11.73 billion, a price-to-earnings ratio of 8.30, a PEG ratio of 2.34 and a beta of 0.87. The business has a fifty day simple moving average of $114.63 and a 200-day simple moving average of $129.75. lululemon athletica inc. has a 52 week low of $95.35 and a 52 week high of $225.98.

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, beating analysts' consensus estimates of $1.79 by $1.13. The firm had revenue of $2.42 billion for the quarter, compared to analysts' expectations of $2.46 billion. lululemon athletica had a return on equity of 27.69% and a net margin of 12.78%.The firm's revenue for the quarter was down 4.3% compared to the same quarter last year. During the same quarter last 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. As a group, analysts expect that lululemon athletica inc. will post 9.55 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Freedom Capital raised shares of lululemon athletica from a "strong sell" rating to a "hold" rating in a research note on Friday, June 5th. Citigroup reduced their price target on lululemon athletica from $130.00 to $117.00 and set a "neutral" rating on the stock in a research note on Wednesday, September 9th. Bank of America lowered their price objective on lululemon athletica from $140.00 to $122.00 and set a "neutral" rating for the company in a research report on Friday, September 4th. JPMorgan Chase & Co. dropped their target price on lululemon athletica from $154.00 to $95.00 and set a "neutral" rating for the company in a research note on Friday, September 4th. Finally, Sanford C. Bernstein reduced their target price on lululemon athletica from $145.00 to $115.00 and set a "market perform" rating on the stock in a research report on Friday, September 4th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Hold rating and seven have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Reduce" and a consensus target price of $110.57.

lululemon athletica 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.

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