Trillium Asset Management LLC Makes New $2.36 Million Investment in lululemon athletica inc. $LULU

Key Points

• Trillium Asset Management purchased 20,680 lululemon shares worth approximately $2.36 million, while institutional investors collectively own 85.2% of the stock.
• Analyst sentiment remains cautious: the consensus rating is “Reduce”, with an average price target of $148.54 after several firms cut their targets and maintained neutral or hold ratings.
• Lululemon beat quarterly expectations with $1.69 in EPS and $2.47 billion in revenue, although revenue growth slowed to 4.3% year over year; the stock opened at $121.07, near its 52-week low of $104.44.

Trillium Asset Management LLC purchased a new stake in lululemon athletica inc. (NASDAQ:LULU - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 20,680 shares of the apparel retailer's stock, valued at approximately $2,361,000.

A number of other hedge funds also recently made changes to their positions in LULU. NorthRock Partners LLC increased its position in lululemon athletica by 4.2% during the 3rd quarter. NorthRock Partners LLC now owns 1,553 shares of the apparel retailer's stock valued at $276,000 after purchasing an additional 62 shares during the period. Murphy & Mullick Capital Management Corp boosted its stake in shares of lululemon athletica by 4.3% in 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 increased its position in shares of lululemon athletica by 1.7% during the second quarter. IHT Wealth Management LLC now owns 4,276 shares of the apparel retailer's stock worth $1,016,000 after buying an additional 73 shares during the period. GW&K Investment Management LLC increased its position in shares of 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 buying an additional 78 shares during the period. Finally, Golden State Wealth Management LLC raised its stake in lululemon athletica by 43.6% during the fourth quarter. Golden State Wealth Management LLC now owns 280 shares of the apparel retailer's stock worth $58,000 after buying an additional 85 shares during the last quarter. 85.20% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Robert W. Baird lowered their target price on lululemon athletica from $170.00 to $140.00 and set a "neutral" rating on the stock in a research report on Friday, June 5th. Bank of America lowered their price objective 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. Freedom Capital raised shares of lululemon athletica from a "strong sell" rating to a "hold" rating in a research report on Friday, June 5th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of lululemon athletica from $171.00 to $127.00 and set a "hold" rating on the stock in a report on Monday, June 8th. Finally, The Goldman Sachs Group dropped their price target on shares of lululemon athletica from $177.00 to $122.00 and set a "neutral" rating on the stock in a research 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 given a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Reduce" and an average price target of $148.54.

lululemon athletica Stock Performance

NASDAQ:LULU opened at $121.07 on Friday. lululemon athletica inc. has a 52 week low of $104.44 and a 52 week high of $225.98. The firm has a 50-day moving average price of $117.42 and a two-hundred day moving average price of $140.39. The firm has a market cap of $14.37 billion, a price-to-earnings ratio of 9.77, a price-to-earnings-growth ratio of 3.79 and a beta of 0.86.

lululemon athletica (NASDAQ:LULU - Get Free Report) last released its earnings results on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.67 by $0.02. The company had revenue of $2.47 billion during the quarter, compared to analyst estimates of $2.44 billion. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.lululemon athletica's quarterly revenue was up 4.3% on a year-over-year basis. During the same period in the prior year, the company posted $2.60 earnings per share. 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. As a group, sell-side analysts forecast that lululemon athletica inc. will post 10.93 earnings per share for the current year.

Insider Activity

In other lululemon athletica news, Director Charles V. Bergh bought 4,275 shares of the firm's stock in a transaction dated Monday, June 15th. The stock was 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 in the company, valued at $1,213,223.25. This trade represents a 70.20% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.54% of the stock is currently owned by corporate insiders.

lululemon athletica Profile

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.

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source