The Manufacturers Life Insurance Company Trims Stock Holdings in lululemon athletica inc. $LULU

The Manufacturers Life Insurance Company lowered its stake in lululemon athletica inc. (NASDAQ:LULU) by 85.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 55,433 shares of the apparel retailer’s stock after selling 324,178 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in lululemon athletica were worth $6,329,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of LULU. California State Teachers Retirement System increased its position in shares of lululemon athletica by 10,065.8% during the second quarter. California State Teachers Retirement System now owns 17,180,893 shares of the apparel retailer’s stock valued at $1,961,714,000 after acquiring an additional 17,011,886 shares during the last quarter. BlackRock Inc. acquired a new position in shares of lululemon athletica in the 2nd quarter worth approximately $1,010,565,000. Geode Capital Management LLC boosted its position in shares of lululemon athletica by 2.4% during the 4th quarter. Geode Capital Management LLC now owns 3,049,911 shares of the apparel retailer’s stock worth $631,526,000 after purchasing an additional 71,464 shares during the period. Invesco Ltd. boosted its position in shares of lululemon athletica by 28.7% during the 3rd quarter. Invesco Ltd. now owns 2,200,552 shares of the apparel retailer’s stock worth $391,544,000 after purchasing an additional 490,127 shares during the period. Finally, Morgan Stanley increased its holdings in lululemon athletica by 2.8% in the 4th quarter. Morgan Stanley now owns 2,197,158 shares of the apparel retailer’s stock valued at $456,592,000 after purchasing an additional 59,282 shares during the last quarter. Hedge funds and other institutional investors own 85.20% of the company’s stock.

lululemon athletica Price Performance

Shares of LULU stock opened at $98.97 on Monday. The firm has a 50 day moving average of $116.77 and a two-hundred day moving average of $133.20. The stock has a market capitalization of $11.46 billion, a PE ratio of 8.11, a P/E/G ratio of 2.33 and a beta of 0.87. lululemon athletica inc. has a 52 week low of $95.67 and a 52 week high of $225.98.

lululemon athletica (NASDAQ:LULU) last posted its quarterly earnings data on Thursday, September 3rd. The apparel retailer reported $2.92 earnings per share for the quarter, topping analysts’ consensus estimates of $1.79 by $1.13. The business had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.46 billion. lululemon athletica had a return on equity of 27.69% and a net margin of 12.78%.The company’s revenue was down 4.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.10 earnings per share. 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. Analysts expect that lululemon athletica inc. will post 9.65 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have commented on LULU shares. Jefferies Financial Group decreased their price target on lululemon athletica from $145.00 to $115.00 and set a “hold” rating on the stock in a research note on Friday, June 5th. Zacks Research upgraded lululemon athletica from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 19th. UBS Group decreased their target price on lululemon athletica from $120.00 to $106.00 and set a “neutral” rating on the stock in a research note on Friday, September 4th. Wells Fargo & Company lowered their target price on lululemon athletica from $105.00 to $95.00 and set an “equal weight” rating for the company in a report on Friday, September 4th. Finally, Piper Sandler dropped their target price on lululemon athletica from $110.00 to $80.00 and set a “neutral” rating for the company in a research report on Friday, September 4th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Hold rating and six have issued a Sell rating to the stock. According to data from MarketBeat, lululemon athletica has a consensus rating of “Reduce” and an average price target of $111.54.

lululemon athletica News Summary

Here are the key news stories impacting lululemon athletica this week:

• Positive Sentiment: Investor Michael Burry described lululemon as a potential “generational buying opportunity” below $100, arguing that the market may be overreacting to the company’s recent weakness. Cramer and Burry on Lululemon
• Positive Sentiment: The stock’s low valuation and decline toward its 52-week low may be attracting contrarian investors, despite concerns about slowing sales.
• Neutral Sentiment: Multiple law firms announced investigations into potential securities-law violations related to lululemon’s growth outlook and business condition. The announcements are investor solicitations and do not establish wrongdoing. LULU investor investigation
• Negative Sentiment: Analyst sentiment deteriorated: BMO initiated coverage with an Underperform rating and a $70 target, while Citigroup lowered its expectations. Analysts cited weakening demand in North America and China, margin pressure, and uncertainty around fiscal 2027. Analyst downgrades
• Negative Sentiment: The key fundamental issue remains the reduced FY2026 revenue outlook of $10.35 billion to $10.50 billion, down approximately $650 million at the midpoint, with third-quarter revenue expected to decline 10% to 11%. Revenue also fell 4% year over year in the latest quarter. LULU outlook reduction

lululemon athletica Company Profile

lululemon athletica inc. is a designer, distributor and retailer of athletic apparel, footwear and accessories. The company’s products are developed for activities including yoga, running, training, tennis and other forms of exercise, as well as everyday use. Its offerings include leggings, tops, shorts, outerwear, footwear, bags and fitness accessories for women and men.

Founded in 1998 in Vancouver, British Columbia, lululemon began as a yoga-focused apparel company and has expanded into a broader performance and lifestyle brand.