Achmea Investment Management B.V. raised its holdings in lululemon athletica inc. (NASDAQ:LULU – Free Report) by 22.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 28,857 shares of the apparel retailer’s stock after purchasing an additional 5,204 shares during the quarter. Achmea Investment Management B.V.’s holdings in lululemon athletica were worth $6,855,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently modified their holdings of LULU. Vanguard Group Inc. boosted its stake in lululemon athletica by 1.2% in the first quarter. Vanguard Group Inc. now owns 13,266,929 shares of the apparel retailer’s stock valued at $3,755,337,000 after buying an additional 157,764 shares in the last quarter. Price T Rowe Associates Inc. MD grew its holdings in shares of lululemon athletica by 3.3% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,010,908 shares of the apparel retailer’s stock valued at $1,418,389,000 after purchasing an additional 162,295 shares during the last quarter. Alliancebernstein L.P. increased its position in lululemon athletica by 9.0% during the 1st quarter. Alliancebernstein L.P. now owns 4,792,294 shares of the apparel retailer’s stock worth $1,356,507,000 after purchasing an additional 394,706 shares in the last quarter. Invesco Ltd. lifted its stake in lululemon athletica by 7.2% in the 1st quarter. Invesco Ltd. now owns 1,387,609 shares of the apparel retailer’s stock valued at $392,777,000 after purchasing an additional 93,530 shares during the last quarter. Finally, American Century Companies Inc. lifted its stake in lululemon athletica by 12.1% in the 1st quarter. American Century Companies Inc. now owns 1,301,017 shares of the apparel retailer’s stock valued at $368,266,000 after purchasing an additional 139,944 shares during the last quarter. Institutional investors own 85.20% of the company’s stock.
Wall Street Analysts Forecast Growth
Several brokerages have recently issued reports on LULU. BNP Paribas Exane upgraded shares of lululemon athletica from an “underperform” rating to a “neutral” rating and set a $146.00 price target for the company in a report on Monday, October 20th. Sanford C. Bernstein downgraded lululemon athletica from an “outperform” rating to a “market perform” rating and set a $190.00 target price for the company. in a research report on Thursday, October 16th. Zacks Research raised lululemon athletica from a “strong sell” rating to a “hold” rating in a research note on Tuesday. Needham & Company LLC reaffirmed a “hold” rating and issued a $192.00 price objective on shares of lululemon athletica in a research note on Thursday, September 25th. Finally, Telsey Advisory Group lowered shares of lululemon athletica from an “outperform” rating to a “market perform” rating and dropped their price objective for the company from $360.00 to $200.00 in a report on Monday, September 15th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, thirty have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $228.42.
lululemon athletica Stock Performance
lululemon athletica stock opened at $163.55 on Friday. The firm has a market cap of $19.39 billion, a price-to-earnings ratio of 11.12, a PEG ratio of 10.64 and a beta of 1.07. lululemon athletica inc. has a 52-week low of $159.25 and a 52-week high of $423.32. The firm has a 50 day moving average price of $174.13 and a two-hundred day moving average price of $223.17.
lululemon athletica (NASDAQ:LULU – Get Free Report) last posted its quarterly earnings data on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share for the quarter, topping the consensus estimate of $2.86 by $0.24. lululemon athletica had a net margin of 16.38% and a return on equity of 42.05%. The company had revenue of $2.53 billion during the quarter, compared to analysts’ expectations of $2.55 billion. During the same period in the prior year, the company posted $3.15 earnings per share. lululemon athletica’s revenue for the quarter was up 6.5% compared to the same quarter last year. lululemon athletica has set its FY 2025 guidance at 12.770-12.970 EPS. Q3 2025 guidance at 2.180-2.230 EPS. As a group, equities research analysts predict that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.
Insider Buying and Selling at lululemon athletica
In related news, insider Nicole Neuburger sold 615 shares of the company’s stock in a transaction dated Tuesday, September 30th. The stock was sold at an average price of $178.00, for a total transaction of $109,470.00. Following the sale, the insider owned 8,993 shares in the company, valued at $1,600,754. This represents a 6.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.54% of the company’s stock.
About lululemon athletica
Lululemon Athletica Inc, together with its subsidiaries, designs, distributes, and retails athletic apparel, footwear, and accessories under the lululemon brand for women and men. It offers pants, shorts, tops, and jackets for healthy lifestyle, such as yoga, running, training, and other activities. It also provides fitness-inspired accessories.
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