Wealthfront Advisers LLC Takes $716,000 Position in lululemon athletica inc. $LULU

Wealthfront Advisers LLC acquired a new position in lululemon athletica inc. (NASDAQ:LULU) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 6,274 shares of the apparel retailer’s stock, valued at approximately $716,000.

Other large investors have also modified their holdings of the company. BlackRock Inc. acquired a new position in lululemon athletica in the 2nd quarter valued at $1,010,565,000. Geode Capital Management LLC lifted its position in lululemon athletica by 2.4% during the 4th quarter. Geode Capital Management LLC now owns 3,049,911 shares of the apparel retailer’s stock worth $631,526,000 after acquiring an additional 71,464 shares during the last quarter. Invesco Ltd. lifted its position in lululemon athletica by 28.7% during the 3rd quarter. Invesco Ltd. now owns 2,200,552 shares of the apparel retailer’s stock worth $391,544,000 after acquiring an additional 490,127 shares during the last quarter. Morgan Stanley lifted its position in lululemon athletica by 2.8% during the 4th quarter. Morgan Stanley now owns 2,197,158 shares of the apparel retailer’s stock worth $456,592,000 after acquiring an additional 59,282 shares during the last quarter. Finally, Norges Bank bought a new stake in lululemon athletica during the fourth quarter valued at about $362,598,000. 85.20% of the stock is owned by institutional investors.

lululemon athletica Trading Up 4.7%

NASDAQ LULU opened at $121.07 on Friday. The stock’s 50 day moving average is $117.42 and its two-hundred day moving average is $140.39. The company has a market capitalization of $14.37 billion, a price-to-earnings ratio of 9.77, a PEG ratio of 3.79 and a beta of 0.86. lululemon athletica inc. has a 1-year low of $104.44 and a 1-year high of $225.98.

lululemon athletica (NASDAQ:LULU) last posted 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. The business had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.44 billion. lululemon athletica had a net margin of 13.03% and a return on equity of 31.26%. The firm’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.60 EPS. 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, analysts predict that lululemon athletica inc. will post 10.93 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on LULU. Truist Financial lowered lululemon athletica from a “hold” rating to a “sell” rating and lowered their target price for the company from $115.00 to $94.00 in a report on Thursday, July 16th. Deutsche Bank Aktiengesellschaft cut their price target on lululemon athletica from $171.00 to $127.00 and set a “hold” rating for the company in a report on Monday, June 8th. The Goldman Sachs Group reduced their price objective on lululemon athletica from $177.00 to $122.00 and set a “neutral” rating for the company in a research report on Friday, June 5th. Robert W. Baird lowered their price objective on shares of lululemon athletica from $170.00 to $140.00 and set a “neutral” rating on the stock in a research note on Friday, June 5th. Finally, Sanford C. Bernstein dropped their target price on shares of lululemon athletica from $170.00 to $145.00 and set a “market perform” rating on the stock in a research report on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twenty-five have assigned a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat.com, lululemon athletica presently has a consensus rating of “Reduce” and an average target price 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 that occurred on Monday, June 15th. The stock was acquired at an average price of $117.05 per share, with a total value of $500,388.75. Following the completion of the acquisition, the director directly owned 10,365 shares in the company, valued at approximately $1,213,223.25. This trade represents a 70.20% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.54% of the company’s stock.

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.