The Manufacturers Life Insurance Company Invests $6.33 Million in lululemon athletica inc. $LULU

Key Points

• The Manufacturers Life Insurance Company purchased 55,433 lululemon shares valued at approximately $6.33 million, while institutional investors and hedge funds collectively own 85.2% of LULU.
• Analysts have broadly reduced their price targets, with MarketBeat reporting a consensus “Reduce” rating and an average target of $148.38. The stock opened at $120.81, well below its 52-week high of $225.98.
• Lululemon’s latest quarterly results modestly exceeded expectations, with $1.69 EPS and $2.47 billion in revenue, but analysts remain concerned about North American softness, margin pressure and the company’s near-term outlook.

The Manufacturers Life Insurance Company purchased a new stake in lululemon athletica inc. (NASDAQ:LULU - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 55,433 shares of the apparel retailer's stock, valued at approximately $6,329,000.

A number of other hedge funds have also modified their holdings of LULU. BlackRock Inc. acquired a new position in lululemon athletica during the second quarter valued at approximately $1,010,565,000. Geode Capital Management LLC boosted its position in shares of lululemon athletica by 2.4% during the fourth quarter. Geode Capital Management LLC now owns 3,049,911 shares of the apparel retailer's stock worth $631,526,000 after purchasing an additional 71,464 shares in the last quarter. Invesco Ltd. boosted its position in shares of lululemon athletica by 28.7% during the third quarter. Invesco Ltd. now owns 2,200,552 shares of the apparel retailer's stock worth $391,544,000 after purchasing an additional 490,127 shares in the last quarter. Morgan Stanley grew its holdings in shares of lululemon athletica by 2.8% in the 4th quarter. Morgan Stanley now owns 2,197,158 shares of the apparel retailer's stock valued at $456,592,000 after buying an additional 59,282 shares during the period. Finally, Flossbach Von Storch SE acquired a new stake in lululemon athletica during the 2nd quarter worth $207,392,000. 85.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at lululemon athletica

In other lululemon athletica news, Director Charles V. Bergh purchased 4,275 shares of the business's stock in a transaction on Monday, June 15th. The shares were purchased at an average cost of $117.05 per share, with a total value of $500,388.75. Following the transaction, the director directly owned 10,365 shares of the company's stock, valued at $1,213,223.25. This represents a 70.20% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.54% of the company's stock.

Analyst Upgrades and Downgrades

LULU has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft reduced their target price on lululemon athletica from $171.00 to $127.00 and set a "hold" rating on the stock in a report on Monday, June 8th. Freedom Capital upgraded lululemon athletica from a "strong sell" rating to a "hold" rating in a report on Friday, June 5th. Evercore decreased their price objective on lululemon athletica from $175.00 to $130.00 in a research report on Wednesday, June 3rd. Citigroup lowered their target price on lululemon athletica from $185.00 to $130.00 and set a "neutral" rating for the company in a research note on Tuesday, June 9th. Finally, Bank of America dropped their target price on shares of lululemon athletica from $175.00 to $140.00 and set a "neutral" rating on the stock in a report on Friday, June 5th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twenty-five have assigned a Hold rating and five have given a Sell rating to the company. According to MarketBeat, lululemon athletica presently has a consensus rating of "Reduce" and a consensus target price of $148.38.

lululemon athletica Stock Performance

NASDAQ:LULU opened at $120.81 on Monday. The stock has a 50-day simple moving average of $117.94 and a 200 day simple moving average of $138.18. lululemon athletica inc. has a 52-week low of $104.44 and a 52-week high of $225.98. The company has a market cap of $14.34 billion, a PE ratio of 9.75, a PEG ratio of 3.96 and a beta of 0.86.

lululemon athletica (NASDAQ:LULU - Get Free Report) last released its quarterly earnings results on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share for the quarter, topping analysts' consensus estimates of $1.67 by $0.02. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.The firm had revenue of $2.47 billion during the quarter, compared to the consensus estimate of $2.44 billion. During the same quarter in the prior year, the firm posted $2.60 EPS. The business's revenue was up 4.3% on a year-over-year basis. lululemon athletica has set its FY 2026 guidance at 10.950-11.150 EPS and its Q2 2026 guidance at 1.760-1.810 EPS. On average, research analysts predict that lululemon athletica inc. will post 10.93 earnings per share for the current fiscal year.

More lululemon athletica News

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

• Positive Sentiment: Several earnings previews highlight lululemon’s strong history of exceeding analyst estimates and suggest the company has favorable conditions for another quarterly beat. International growth and momentum from the Power of Three ×2 strategy are expected to support results. Will Lululemon Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: The upcoming report is expected to benefit from continued international expansion and execution of Power of Three ×2. A better-than-expected release could reinforce the recent improvement in investor sentiment around LULU. lululemon Q2 Earnings Upcoming: Is It Likely to Surprise Investors?
• Neutral Sentiment: lululemon is scheduled to report quarterly results Thursday. Investors will likely focus on sales growth, international performance, margins and management’s outlook. The company’s previous quarter modestly exceeded consensus estimates, while full-year earnings guidance remains a key benchmark.
• Neutral Sentiment: Next week’s U.S. jobs report and other economic data could influence interest-rate expectations and broader consumer and retail stocks, potentially affecting LULU independently of its earnings fundamentals. The Week Ahead: August Jobs Report Takes Center Stage
• Negative Sentiment: Analysts expect North American softness and margin pressure to weigh on the quarter, creating execution risk even if international operations perform well. lululemon Q2 Earnings Upcoming: Is It Likely to Surprise Investors?
• Negative Sentiment: UBS issued a pessimistic forecast for LULU, while a separate analyst downgrade previously pressured the shares. These actions signal continued concerns about valuation, growth durability and the company’s near-term outlook. UBS Group Issues Pessimistic Forecast for lululemon athletica Stock Price lululemon Shares Gap Down on Analyst Downgrade

About lululemon athletica

lululemon athletica inc. is a design-focused athletic apparel company known for performance-oriented apparel, footwear and accessories. The company's product portfolio centers on technical apparel for yoga, running, training and everyday active lifestyle use and includes tops, bottoms, outerwear, underwear, bags and a growing footwear assortment. lululemon emphasizes fabric science and product innovation, marketing garments that blend performance features with lifestyle styling.

Products are developed in-house and produced through a network of third-party manufacturers.

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