Pekin Hardy Strauss Inc. Sells 5,229 Shares of lululemon athletica inc. $LULU

Pekin Hardy Strauss Inc. decreased its position in shares of lululemon athletica inc. (NASDAQ:LULU) by 57.6% in the third quarter, Holdings Channel.com reports. The firm owned 3,848 shares of the apparel retailer’s stock after selling 5,229 shares during the period. Pekin Hardy Strauss Inc.’s holdings in lululemon athletica were worth $370,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of LULU. Dynamic Wealth Strategies LLC increased its position in lululemon athletica by 22.6% in the 2nd quarter. Dynamic Wealth Strategies LLC now owns 499 shares of the apparel retailer’s stock worth $57,000 after purchasing an additional 92 shares during the last quarter. SBI Securities Co. Ltd. raised its stake in shares of lululemon athletica by 3.0% during the 2nd quarter. SBI Securities Co. Ltd. now owns 3,246 shares of the apparel retailer’s stock worth $371,000 after purchasing an additional 94 shares in the last quarter. Tema ETFs LLC lifted its holdings in shares of lululemon athletica by 7.2% during the 2nd quarter. Tema ETFs LLC now owns 2,145 shares of the apparel retailer’s stock valued at $245,000 after buying an additional 145 shares during the last quarter. D.A. Davidson & CO. lifted its holdings in shares of lululemon athletica by 10.6% during the 1st quarter. D.A. Davidson & CO. now owns 1,532 shares of the apparel retailer’s stock valued at $235,000 after buying an additional 147 shares during the last quarter. Finally, Anchor Investment Management LLC lifted its holdings in shares of lululemon athletica by 1.5% during the 1st quarter. Anchor Investment Management LLC now owns 10,476 shares of the apparel retailer’s stock valued at $1,604,000 after buying an additional 153 shares during the last quarter. Hedge funds and other institutional investors own 85.20% of the company’s stock.

Key lululemon athletica News

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

• Positive Sentiment: Zacks Research upgraded LULU from “strong sell” to “hold,” a modest improvement in its rating outlook. Zacks Research rating
• Neutral Sentiment: Lululemon named Ben Hallam chief brand officer, effective November 9, and announced Emily Sunderland as chief strategy officer. The hires could reinforce brand and strategic execution, though no expected financial effects were disclosed. Leadership appointments
• Neutral Sentiment: The company unveiled its Ventscape cold-weather running vest at a trade event in China, adding a new product to its running range; sales impact is not yet known. Ventscape run vest launch
• Negative Sentiment: Several law firms publicized a pending investor class action covering purchases from March 18 to September 3, 2026. The complaint alleges Lululemon understated weakening demand before guidance reductions and a sharp stock decline; these are allegations, not established findings. The lead-plaintiff deadline is January 4, 2027. The litigation adds legal and reputational uncertainty. Investor suit details

lululemon athletica Stock Performance

Shares of NASDAQ LULU opened at $110.79 on Friday. The business’s 50-day simple moving average is $102.16 and its 200-day simple moving average is $132.24. lululemon athletica inc. has a 52 week low of $90.38 and a 52 week high of $225.98. The firm has a market cap of $12.83 billion, a price-to-earnings ratio of 9.07, a P/E/G ratio of 2.64 and a beta of 0.84.

lululemon athletica (NASDAQ:LULU) last posted its earnings results on Thursday, September 3rd. The apparel retailer reported $2.92 earnings per share for the quarter, topping the consensus estimate of $1.79 by $1.13. The firm had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.46 billion. lululemon athletica had a return on equity of 27.69% and a net margin of 12.78%. The company’s revenue for the quarter was down 4.3% on a year-over-year basis. During the same period in the previous year, the company earned $3.10 EPS. 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. As a group, equities research analysts forecast that lululemon athletica inc. will post 9.55 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on LULU shares. KeyCorp restated a “sector weight” rating on shares of lululemon athletica in a report on Friday, September 4th. Barclays reduced their target price on shares of lululemon athletica from $113.00 to $95.00 and set an “equal weight” rating for the company in a research note on Friday, September 4th. BNP Paribas Exane dropped their price target on shares of lululemon athletica from $88.00 to $44.00 and set an “underperform” rating on the stock in a research note on Friday, September 4th. Bank of America cut their price target on shares of lululemon athletica from $140.00 to $122.00 and set a “neutral” rating on the stock in a report on Friday, September 4th. Finally, Needham & Company LLC restated a “hold” rating on shares of lululemon athletica in a report on Friday, September 4th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Hold rating and seven have given a Sell rating to the stock. According to data from MarketBeat, lululemon athletica has a consensus rating of “Reduce” and an average price target of $105.26.

lululemon athletica Profile