Chase Investment Counsel Corp Makes New $1.37 Million Investment in lululemon athletica inc. $LULU

Chase Investment Counsel Corp acquired a new stake in lululemon athletica inc. (NASDAQ:LULU) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 12,000 shares of the apparel retailer’s stock, valued at approximately $1,370,000.

A number of other institutional investors have also recently modified their holdings of the stock. Uniplan Investment Counsel Inc. acquired a new stake in shares of lululemon athletica during the 4th quarter worth $26,000. Elyxium Wealth LLC acquired a new position in lululemon athletica in the fourth quarter valued at about $31,000. DV Equities LLC bought a new stake in lululemon athletica during the fourth quarter worth about $31,000. GW&K Investment Management LLC lifted its position in lululemon athletica by 70.3% during the fourth quarter. GW&K Investment Management LLC now owns 189 shares of the apparel retailer’s stock worth $39,000 after purchasing an additional 78 shares during the period. Finally, Rexford Capital Inc. acquired a new stake in lululemon athletica during the first quarter worth about $31,000. 85.20% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Morgan Stanley reissued an “underweight” rating and issued a $93.00 target price on shares of lululemon athletica in a report on Monday, July 6th. Sanford C. Bernstein reduced their price target 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. Daiwa Securities Group decreased their price objective on shares of lululemon athletica from $173.00 to $120.00 and set a “neutral” rating on the stock in a research note on Tuesday, June 9th. Truist Financial downgraded shares of lululemon athletica from a “hold” rating to a “sell” rating and lowered their price objective for the company from $115.00 to $94.00 in a research report on Thursday, July 16th. Finally, Citigroup cut their target price on lululemon athletica from $185.00 to $130.00 and set a “neutral” rating for the company in a research note on Tuesday, June 9th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twenty-four have given a Hold rating and six have issued a Sell rating to the company. According to data from MarketBeat.com, lululemon athletica presently has an average rating of “Reduce” and a consensus price target of $148.54.

lululemon athletica Price Performance

Shares of NASDAQ:LULU opened at $119.55 on Monday. The firm has a market cap of $14.19 billion, a P/E ratio of 9.65, a P/E/G ratio of 3.92 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. The business has a fifty day simple moving average of $117.57 and a 200 day simple moving average of $142.24.

lululemon athletica (NASDAQ:LULU) last announced its earnings results on Thursday, June 4th. The apparel retailer reported $1.69 EPS for the quarter, topping the consensus estimate of $1.67 by $0.02. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.The firm had revenue of $2.47 billion for the quarter, compared to the consensus estimate of $2.44 billion. During the same period in the previous year, the business earned $2.60 EPS. The business’s quarterly revenue was up 4.3% compared to the same quarter last year. 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. As a group, equities research analysts expect that lululemon athletica inc. will post 10.93 EPS for the current year.

Insider Activity

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 shares were bought at an average cost of $117.05 per share, with a total value of $500,388.75. Following the completion of the purchase, the director directly owned 10,365 shares in the company, valued at $1,213,223.25. The trade was a 70.20% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. 0.54% of the stock is owned by company insiders.

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.