Gateway Investment Advisers LLC Sells 10,762 Shares of lululemon athletica inc. $LULU

Gateway Investment Advisers LLC trimmed its holdings in shares of lululemon athletica inc. (NASDAQ:LULU) by 42.8% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 14,400 shares of the apparel retailer’s stock after selling 10,762 shares during the quarter. Gateway Investment Advisers LLC’s holdings in lululemon athletica were worth $1,644,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Norges Bank bought a new position in shares of lululemon athletica during the fourth quarter valued at $362,598,000. Boston Partners bought a new stake in lululemon athletica in the 4th quarter worth about $304,875,000. Invesco Ltd. raised its position in lululemon athletica by 28.7% in the 3rd quarter. Invesco Ltd. now owns 2,200,552 shares of the apparel retailer’s stock worth $391,544,000 after buying an additional 490,127 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in lululemon athletica by 77.3% during the 4th quarter. Goldman Sachs Group Inc. now owns 979,054 shares of the apparel retailer’s stock valued at $203,457,000 after acquiring an additional 426,860 shares during the period. Finally, Contrarius Group Holdings Ltd purchased a new stake in shares of lululemon athletica during the 4th quarter valued at about $86,441,000. Hedge funds and other institutional investors own 85.20% of the company’s stock.

Analysts Set New Price Targets

LULU has been the subject of a number of research analyst reports. Rothschild & Co Redburn reduced their price target on shares of lululemon athletica from $160.00 to $110.00 and set a “sell” rating for the company in a research note on Tuesday, June 16th. Telsey Advisory Group cut their target price on shares of lululemon athletica from $175.00 to $122.00 and set a “market perform” rating for the company in a research report on Friday, June 5th. Piper Sandler decreased their target price on shares of lululemon athletica from $130.00 to $110.00 and set a “neutral” rating for the company in a research note on Friday, June 5th. Freedom Capital raised lululemon athletica from a “strong sell” rating to a “hold” rating in a report on Friday, June 5th. Finally, Wells Fargo & Company dropped their price target on lululemon athletica from $110.00 to $105.00 and set an “equal weight” rating on the stock in a research note on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twenty-four have issued a Hold rating and six have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently 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 acquired 4,275 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was bought at an average cost of $117.05 per share, for a total transaction of $500,388.75. Following the purchase, the director owned 10,365 shares in the company, valued at $1,213,223.25. The trade was a 70.20% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 0.54% of the stock is currently owned by insiders.

Key Stories Impacting 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 Trading Down 3.8%

Shares of NASDAQ LULU opened at $120.87 on Thursday. The firm has a 50 day moving average of $117.57 and a 200 day moving average of $143.26. The firm has a market capitalization of $14.34 billion, a price-to-earnings ratio of 9.76, a price-to-earnings-growth ratio of 4.12 and a beta of 0.86. lululemon athletica inc. has a 12-month low of $104.44 and a 12-month high of $225.98.

lululemon athletica (NASDAQ:LULU) last released its quarterly 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 the consensus estimate of $2.44 billion. lululemon athletica had a net margin of 13.03% and a return on equity of 31.26%. The company’s quarterly revenue was up 4.3% on a year-over-year basis. During the same period last year, the firm earned $2.60 earnings per share. 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. Sell-side analysts predict that lululemon athletica inc. will post 10.93 EPS 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.