Flossbach Von Storch SE acquired a new stake in shares of lululemon athletica inc. (NASDAQ:LULU – Free Report) during the second quarter, Holdings Channel reports. The firm acquired 1,816,360 shares of the apparel retailer’s stock, valued at approximately $207,392,000.
A number of other institutional investors have also recently added to or reduced their stakes in LULU. BlackRock Inc. bought a new position in lululemon athletica during the 2nd quarter valued at $1,010,565,000. Norges Bank bought a new stake in shares of lululemon athletica in the 4th quarter worth $362,598,000. Boston Partners bought a new stake in shares of lululemon athletica in the 4th quarter worth $304,875,000. Deutsche Bank AG acquired a new stake in shares of lululemon athletica in the second quarter valued at $80,580,000. Finally, Invesco Ltd. lifted its holdings in shares of lululemon athletica by 28.7% in the third quarter. Invesco Ltd. now owns 2,200,552 shares of the apparel retailer’s stock valued at $391,544,000 after buying an additional 490,127 shares during the period. 85.20% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity at lululemon athletica
In other news, Director Charles V. Bergh bought 4,275 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were acquired at an average cost of $117.05 per share, with a total value of $500,388.75. Following the completion of the transaction, the director directly owned 10,365 shares in the company, valued at approximately $1,213,223.25. The trade was a 70.20% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.54% of the stock is currently owned by insiders.
lululemon athletica Stock Up 0.4%
lululemon athletica (NASDAQ:LULU – Get Free Report) last issued its quarterly earnings results on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share for the quarter, topping analysts’ consensus estimates of $1.67 by $0.02. The firm had revenue of $2.47 billion for the quarter, compared to analysts’ expectations of $2.44 billion. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.lululemon athletica’s revenue was up 4.3% on a year-over-year basis. During the same quarter last year, the business posted $2.60 EPS. 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, sell-side analysts expect that lululemon athletica inc. will post 10.93 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
A number of research analysts recently issued reports on the company. Sanford C. Bernstein lowered their target price on lululemon athletica from $170.00 to $145.00 and set a “market perform” rating on the stock in a report on Wednesday, June 3rd. Freedom Capital upgraded shares of lululemon athletica from a “strong sell” rating to a “hold” rating in a research report on Friday, June 5th. Zacks Research lowered shares of lululemon athletica from a “hold” rating to a “strong sell” rating in a research report on Wednesday, June 10th. Stifel Nicolaus lowered their price objective on shares of lululemon athletica from $176.00 to $134.00 and set a “hold” rating on the stock in a research note on Friday, June 5th. Finally, Piper Sandler dropped their target price on shares of lululemon athletica from $130.00 to $110.00 and set a “neutral” rating on the stock in a report on Friday, June 5th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twenty-four have assigned a Hold rating and six have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus price target of $148.54.
View Our Latest Stock Analysis on LULU
About lululemon athletica
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.
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