Merit Financial Group LLC Lowers Position in lululemon athletica inc. $LULU

Merit Financial Group LLC trimmed its position in shares of lululemon athletica inc. (NASDAQ:LULU) by 60.7% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 4,354 shares of the apparel retailer’s stock after selling 6,720 shares during the period. Merit Financial Group LLC’s holdings in lululemon athletica were worth $497,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in LULU. Brighton Jones LLC bought a new position in shares of lululemon athletica in the 4th quarter worth approximately $429,000. NewEdge Advisors LLC boosted its position in shares of lululemon athletica by 5.1% during the first quarter. NewEdge Advisors LLC now owns 3,848 shares of the apparel retailer’s stock valued at $1,089,000 after purchasing an additional 186 shares in the last quarter. Glenview Trust co boosted its position in shares of lululemon athletica by 39.9% during the second quarter. Glenview Trust co now owns 996 shares of the apparel retailer’s stock valued at $237,000 after purchasing an additional 284 shares in the last quarter. Diversify Advisory Services LLC purchased a new stake in lululemon athletica in the second quarter worth $508,000. Finally, Raymond James Financial Inc. grew its stake in lululemon athletica by 10.7% in the second quarter. Raymond James Financial Inc. now owns 112,632 shares of the apparel retailer’s stock worth $26,759,000 after purchasing an additional 10,891 shares during the period. Hedge funds and other institutional investors own 85.20% of the company’s stock.

lululemon athletica Stock Down 3.8%

LULU stock opened at $120.87 on Thursday. lululemon athletica inc. has a twelve month low of $104.44 and a twelve month high of $225.98. The firm has a market cap of $14.34 billion, a PE ratio of 9.76, a price-to-earnings-growth ratio of 4.12 and a beta of 0.86. The business has a 50 day moving average of $117.57 and a 200 day moving average of $143.26.

lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings data on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share (EPS) for the quarter, beating 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 business had revenue of $2.47 billion during the quarter, compared to analysts’ expectations of $2.44 billion. During the same quarter in the previous year, the business earned $2.60 earnings per share. The firm’s quarterly revenue 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, research analysts expect that lululemon athletica inc. will post 10.93 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Zacks Research downgraded lululemon athletica from a “hold” rating to a “strong sell” rating in a report on Wednesday, June 10th. Truist Financial cut shares of lululemon athletica from a “hold” rating to a “sell” rating and dropped their target price for the company from $115.00 to $94.00 in a report on Thursday, July 16th. Stifel Nicolaus reduced their target price on shares of lululemon athletica from $176.00 to $134.00 and set a “hold” rating on the stock in a research report on Friday, June 5th. Citigroup decreased their price target on shares of 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, Piper Sandler lowered their price target on shares of lululemon athletica from $130.00 to $110.00 and set a “neutral” rating for the company 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-four have given a Hold rating and six have given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus price target of $148.54.

Insider Buying and Selling at lululemon athletica

In related news, Director Charles V. Bergh purchased 4,275 shares of the stock in a transaction dated Monday, June 15th. The stock was purchased at an average price 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.54% of the stock is owned by insiders.

Trending Headlines about lululemon athletica

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

• Positive Sentiment: Insider buying offers some support. Company insiders made three purchases totaling roughly $2.0 million over the past six months, including purchases by former CEO Charles Bergh and interim co-CEO Andre Maestrini. This may signal confidence that the stock’s lower valuation reflects much of the near-term weakness. Lululemon slides as weak outlook and lingering turnaround concerns continue to weigh on shares
• Positive Sentiment: International and China growth remain potential bright spots. Lululemon is benefiting from China’s expanding athleisure market and continues to report stronger international performance, partially offsetting weakness in the Americas. China’s Athleisure Boom Is Not Lifting Every Brand Equally
• Neutral Sentiment: Institutional positioning is mixed. Some large investors, including Federated Hermes and AQR Capital Management, increased holdings, while Boston Partners, Marshall Wace, and Franklin Resources reduced or eliminated positions. Analyst price targets are similarly divided, with recent targets ranging from $93 to $149 and a six-month median of $130.
• Negative Sentiment: North American weakness and margin pressure remain the primary concerns. First-quarter Americas revenue declined 3% and comparable sales fell 5%. Gross margin contracted 410 basis points to 54.2%, operating income dropped 37%, and diluted EPS fell to $1.69 from $2.60. Management cut fiscal 2026 guidance to $11.0 billion–$11.15 billion in revenue and $10.95–$11.15 in EPS, while projecting a second-quarter sales decline. Investors remain unconvinced that new leadership can quickly stabilize the brand. Lululemon outlook and turnaround concerns

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.