Jupiter Topco LLC Purchases Shares of 13,224 lululemon athletica inc. $LULU

Jupiter Topco LLC acquired a new stake in lululemon athletica inc. (NASDAQ:LULU) during the second quarter, Holdings Channel reports. The institutional investor acquired 13,224 shares of the apparel retailer’s stock, valued at approximately $1,510,000.

Several other institutional investors have also recently modified their holdings of LULU. Uniplan Investment Counsel Inc. acquired a new position in lululemon athletica during the fourth quarter valued at $26,000. Elyxium Wealth LLC purchased a new position in shares of lululemon athletica during the 4th quarter valued at about $31,000. DV Equities LLC purchased a new position in shares of lululemon athletica during the 4th quarter valued at about $31,000. Rexford Capital Inc. acquired a new position in shares of lululemon athletica in the 1st quarter valued at about $31,000. Finally, Gould Capital LLC acquired a new position in shares of lululemon athletica in the 1st quarter valued at about $32,000. 85.20% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. BNP Paribas Exane dropped their target price on lululemon athletica from $88.00 to $44.00 and set an “underperform” rating on the stock in a report on Friday. Bank of America decreased their price target on lululemon athletica from $140.00 to $122.00 and set a “neutral” rating for the company in a report on Friday. Piper Sandler dropped their price objective on shares of lululemon athletica from $110.00 to $80.00 and set a “neutral” rating on the stock in a research note on Friday. Morgan Stanley cut their target price on shares of lululemon athletica from $93.00 to $83.00 and set an “underweight” rating for the company in a report on Friday. Finally, Zacks Research upgraded shares of lululemon athletica from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 19th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat, lululemon athletica presently has a consensus rating of “Reduce” and a consensus price target of $116.46.

Key Headlines Impacting lululemon athletica

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

• Positive Sentiment: Fiscal Q2 adjusted EPS of $2.92 exceeded the $1.79 consensus estimate. However, approximately $0.86 per share of the result came from tariff refunds, making the beat less indicative of underlying operating strength. lululemon Q2 Earnings Beat on Tariff Refunds Despite Revenue Miss
• Positive Sentiment: Michael Burry reportedly remains bullish and indicated he may buy more shares below $100, offering a contrarian vote of confidence despite the disappointing results. Lululemon Sinks 20% After Second Guidance Cut
• Neutral Sentiment: Incoming CEO Heidi O’Neill takes over next week, putting renewed focus on whether a product refresh, stronger marketing and improved traffic can restore growth. Lululemon forecast cut hits shares, underscores challenge for next CEO
• Neutral Sentiment: Analyst opinion became more cautious: Goldman Sachs, Barclays, JPMorgan, Morgan Stanley, Piper Sandler and others lowered price targets, though several retained neutral or market-perform ratings and some targets remain above the stock’s recent level.
• Negative Sentiment: Q2 revenue fell 4% year over year to $2.42 billion, below the $2.46 billion consensus, while comparable sales dropped 9%. Americas revenue declined 8% and comparable sales fell 12%, signaling weakness in the company’s core market. Lululemon shares tumble on weak China, North America sales
• Negative Sentiment: Management reduced fiscal 2026 revenue guidance to $10.35 billion-$10.50 billion and EPS guidance to $9.48-$9.73. Q3 revenue is expected to decline 10%-11%, reinforcing concerns that the slowdown will persist.
• Negative Sentiment: The CEO transition, uneven product acceptance, softer store traffic, intense competition and a stronger-than-expected jobs report that increased rate concerns compounded the pressure on the apparel retailer’s valuation.

Insiders Place Their Bets

In other lululemon athletica news, Director Charles Bergh purchased 4,275 shares of the stock in a transaction that occurred on Monday, June 15th. The shares were purchased at an average cost of $117.05 per share, for a total transaction of $500,388.75. Following the completion of the transaction, the director owned 10,365 shares of the company’s stock, valued at $1,213,223.25. The trade was a 70.20% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 0.54% of the company’s stock.

lululemon athletica Stock Performance

Shares of LULU opened at $100.61 on Friday. The stock has a 50 day moving average price of $118.42 and a 200 day moving average price of $136.36. lululemon athletica inc. has a one year low of $97.99 and a one year high of $225.98. The stock has a market capitalization of $11.94 billion, a price-to-earnings ratio of 8.24, a PEG ratio of 2.53 and a beta of 0.87.

lululemon athletica (NASDAQ:LULU) last announced its earnings results on Thursday, September 3rd. The apparel retailer reported $2.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.79 by $1.13. lululemon athletica had a net margin of 12.78% and a return on equity of 27.73%. The company had revenue of $2.42 billion for the quarter, compared to analysts’ expectations of $2.46 billion. During the same quarter in the previous year, the company posted $3.10 EPS. The firm’s quarterly revenue was down 4.3% on a year-over-year basis. lululemon athletica has set its FY 2026 guidance at 9.480-9.730 EPS and its Q3 2026 guidance at 0.930-0.980 EPS. On average, analysts predict that lululemon athletica inc. will post 10.93 earnings per share for the current year.

lululemon athletica Company 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.