X Square Capital LLC Takes Position in lululemon athletica inc. $LULU

Key Points

• X Square Capital initiated a position in lululemon, purchasing 11,170 shares valued at approximately $1.275 million. Institutional investors and hedge funds collectively own 85.2% of the company.
• Director Charles V. Bergh bought 4,275 shares for about $500,389, increasing his holdings by 70.2%, although insiders overall own just 0.54% of the stock.
• Lululemon exceeded quarterly earnings and revenue expectations, but analyst sentiment remains cautious: the consensus rating is “Reduce,” with a $148.54 price target versus the stock’s $121.07 opening price.

X Square Capital LLC bought a new position in shares of lululemon athletica inc. (NASDAQ:LULU - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 11,170 shares of the apparel retailer's stock, valued at approximately $1,275,000.

Other hedge funds have also recently modified their holdings of the company. Westpac Banking Corp purchased a new position in lululemon athletica in the 2nd quarter valued at about $183,000. Harber Asset Management LLC acquired a new stake in lululemon athletica in the 2nd quarter worth about $1,193,000. Korea Investment CORP purchased a new stake in lululemon athletica during the 2nd quarter worth approximately $2,909,000. Rakuten Securities Inc. purchased a new stake in lululemon athletica during the 2nd quarter worth approximately $43,000. Finally, Bard Associates Inc. acquired a new position in shares of lululemon athletica during the second quarter valued at approximately $133,000. Institutional investors and hedge funds own 85.20% of the company's stock.

Insiders Place Their Bets

In related news, Director Charles V. Bergh acquired 4,275 shares of the stock in a transaction on Monday, June 15th. The shares were bought at an average price of $117.05 per share, with a total value of $500,388.75. Following the completion of the purchase, the director owned 10,365 shares of the company's stock, valued at approximately $1,213,223.25. This represents a 70.20% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.54% of the company's stock.

lululemon athletica Price Performance

LULU opened at $121.07 on Friday. The company's 50 day simple moving average is $117.42 and its two-hundred day simple moving average is $140.39. lululemon athletica inc. has a 1-year low of $104.44 and a 1-year high of $225.98. The firm has a market capitalization of $14.37 billion, a price-to-earnings ratio of 9.77, a price-to-earnings-growth ratio of 3.97 and a beta of 0.86.

lululemon athletica (NASDAQ:LULU - Get Free Report) last issued its earnings results on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share for the quarter, topping the consensus estimate of $1.67 by $0.02. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.The business had revenue of $2.47 billion for the quarter, compared to analysts' expectations of $2.44 billion. During the same period in the previous year, the firm posted $2.60 EPS. The business's revenue for the quarter was up 4.3% compared to the same quarter last year. 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, equities analysts anticipate that lululemon athletica inc. will post 10.93 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on LULU shares. Weiss Ratings upgraded lululemon athletica from a "sell (d)" rating to a "sell (d+)" rating in a research report on Wednesday, August 5th. UBS Group dropped their price target on lululemon athletica from $153.00 to $124.00 and set a "neutral" rating for the company in a research report on Sunday, June 7th. Freedom Capital raised lululemon athletica from a "strong sell" rating to a "hold" rating in a research note on Friday, June 5th. Wells Fargo & Company decreased their price objective on lululemon athletica from $110.00 to $105.00 and set an "equal weight" rating on the stock in a report on Tuesday, July 21st. Finally, Telsey Advisory Group lowered their target price on shares of lululemon athletica from $175.00 to $122.00 and set a "market perform" rating on the stock in a research note on Friday, June 5th. One investment 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 assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of "Reduce" and a consensus price target of $148.54.

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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