lululemon athletica inc. $LULU Stake Lessened by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. lessened its holdings in shares of lululemon athletica inc. (NASDAQ:LULU) by 97.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 7,858 shares of the apparel retailer’s stock after selling 257,511 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in lululemon athletica were worth $756,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. Baird Financial Group Inc. boosted its stake in lululemon athletica by 7.4% in the 2nd quarter. Baird Financial Group Inc. now owns 413,412 shares of the apparel retailer’s stock worth $47,203,000 after purchasing an additional 28,643 shares during the period. Envestnet Asset Management Inc. raised its position in shares of lululemon athletica by 37.1% during the second quarter. Envestnet Asset Management Inc. now owns 66,957 shares of the apparel retailer’s stock valued at $7,645,000 after buying an additional 18,123 shares during the last quarter. Flossbach Von Storch SE bought a new stake in shares of lululemon athletica during the second quarter valued at approximately $207,392,000. Cibc World Market Inc. bought a new stake in shares of lululemon athletica during the second quarter valued at approximately $40,646,000. Finally, Deutsche Bank AG purchased a new position in shares of lululemon athletica in the second quarter worth $80,580,000. 85.20% of the stock is owned by hedge funds and other institutional investors.

lululemon athletica Price Performance

NASDAQ LULU opened at $110.79 on Monday. lululemon athletica inc. has a 52 week low of $90.38 and a 52 week high of $225.98. The firm has a market capitalization of $12.83 billion, a price-to-earnings ratio of 9.07, a PEG ratio of 2.64 and a beta of 0.84. The company has a fifty day moving average of $102.16 and a two-hundred day moving average of $132.24.

lululemon athletica (NASDAQ:LULU) last announced its earnings results on Thursday, September 3rd. The apparel retailer reported $2.92 earnings per share for the quarter, beating the consensus estimate of $1.79 by $1.13. lululemon athletica had a net margin of 12.78% and a return on equity of 27.69%. The business had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.46 billion. During the same quarter in the prior year, the firm posted $3.10 earnings per share. The business’s revenue for the quarter 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. Equities research analysts anticipate that lululemon athletica inc. will post 9.55 EPS for the current year.

Wall Street Analyst Weigh In

LULU has been the subject of a number of research reports. BNP Paribas Exane dropped their target price on shares of lululemon athletica from $88.00 to $44.00 and set an “underperform” rating for the company in a research report on Friday, September 4th. Guggenheim reiterated a “neutral” rating on shares of lululemon athletica in a report on Friday, September 4th. Needham & Company LLC reiterated a “hold” rating on shares of lululemon athletica in a report on Friday, September 4th. Argus reiterated a “hold” rating on shares of lululemon athletica in a research note on Monday, September 14th. Finally, Bank of America dropped their price objective on shares of lululemon athletica from $140.00 to $122.00 and set a “neutral” rating for the company in a report on Friday, September 4th. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Hold rating and seven have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus price target of $105.26.

More 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 Company Profile