Korea Investment CORP Makes New Investment in lululemon athletica inc. $LULU

Korea Investment CORP bought a new stake in lululemon athletica inc. (NASDAQ:LULU) during the 2nd quarter, Holdings Channel reports. The firm bought 25,478 shares of the apparel retailer’s stock, valued at approximately $2,909,000.

Several other large investors have also modified their holdings of LULU. Uniplan Investment Counsel Inc. acquired a new position in lululemon athletica in the 4th quarter valued at $26,000. Elyxium Wealth LLC acquired a new stake in shares of lululemon athletica in the 4th quarter worth $31,000. Rexford Capital Inc. purchased a new stake in shares of lululemon athletica in the first quarter valued at about $31,000. DV Equities LLC purchased a new stake in shares of lululemon athletica in the fourth quarter valued at about $31,000. Finally, Gould Capital LLC acquired a new position in shares of lululemon athletica during the first quarter worth about $32,000. Hedge funds and other institutional investors own 85.20% of the company’s stock.

Insider Transactions at lululemon athletica

In other news, Director Charles V. Bergh bought 4,275 shares of the firm’s stock in a transaction on Monday, June 15th. The shares were bought at an average cost of $117.05 per share, for a total transaction of $500,388.75. Following the completion of the transaction, the director owned 10,365 shares in the company, valued at $1,213,223.25. This trade represents a 70.20% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.54% of the company’s stock.

lululemon athletica Trading Up 1.4%

LULU stock opened at $122.78 on Tuesday. The company’s 50-day moving average price is $117.55 and its 200 day moving average price is $139.77. lululemon athletica inc. has a 52 week low of $104.44 and a 52 week high of $225.98. The company has a market cap of $14.57 billion, a P/E ratio of 9.91, a P/E/G ratio of 3.97 and a beta of 0.86.

lululemon athletica (NASDAQ:LULU) last posted its quarterly earnings results on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.67 by $0.02. The company had revenue of $2.47 billion during 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 revenue for the quarter was up 4.3% on a year-over-year basis. During the same period last year, the firm earned $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. On average, equities research analysts expect that lululemon athletica inc. will post 10.93 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on LULU. BNP Paribas Exane cut shares of lululemon athletica from a “neutral” rating to an “underperform” rating and set a $88.00 price target for the company. in a report on Friday, June 5th. Robert W. Baird lowered their price objective on lululemon athletica from $170.00 to $140.00 and set a “neutral” rating on the stock in a report on Friday, June 5th. Jefferies Financial Group dropped their target price on lululemon athletica from $145.00 to $115.00 and set a “hold” rating on the stock in a research report on Friday, June 5th. Needham & Company LLC reissued a “hold” rating on shares of lululemon athletica in a research note on Friday, June 5th. Finally, Piper Sandler reduced their price target on lululemon athletica from $130.00 to $110.00 and set a “neutral” rating for the company in a report on Friday, June 5th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twenty-five have given a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $148.54.

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.