Allstate Corp Takes $721,000 Position in lululemon athletica inc. $LULU

Allstate Corp acquired a new stake in shares of lululemon athletica inc. (NASDAQ:LULUFree Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 4,051 shares of the apparel retailer’s stock, valued at approximately $721,000.

Other institutional investors have also recently bought and sold shares of the company. Novem Group raised its stake in lululemon athletica by 1.4% during the 2nd quarter. Novem Group now owns 3,201 shares of the apparel retailer’s stock valued at $760,000 after purchasing an additional 45 shares during the last quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych increased its holdings in shares of lululemon athletica by 9.1% during the 2nd quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 600 shares of the apparel retailer’s stock worth $143,000 after purchasing an additional 50 shares during the period. Westside Investment Management Inc. increased its holdings in shares of lululemon athletica by 15.4% during the 2nd quarter. Westside Investment Management Inc. now owns 420 shares of the apparel retailer’s stock worth $100,000 after purchasing an additional 56 shares during the period. Twin Capital Management Inc. raised its position in shares of lululemon athletica by 1.6% during the second quarter. Twin Capital Management Inc. now owns 3,734 shares of the apparel retailer’s stock valued at $887,000 after buying an additional 58 shares during the last quarter. Finally, MGO One Seven LLC raised its position in shares of lululemon athletica by 4.5% during the third quarter. MGO One Seven LLC now owns 1,340 shares of the apparel retailer’s stock valued at $238,000 after buying an additional 58 shares during the last quarter. Institutional investors own 85.20% of the company’s stock.

lululemon athletica Price Performance

Shares of lululemon athletica stock opened at $194.66 on Friday. The firm has a market cap of $22.84 billion, a price-to-earnings ratio of 13.49, a price-to-earnings-growth ratio of 11.73 and a beta of 1.01. The stock’s 50-day moving average is $195.42 and its 200-day moving average is $191.35. lululemon athletica inc. has a one year low of $159.25 and a one year high of $423.32.

lululemon athletica (NASDAQ:LULUGet Free Report) last announced its quarterly earnings data on Thursday, December 11th. The apparel retailer reported $2.59 EPS for the quarter, topping analysts’ consensus estimates of $2.22 by $0.37. lululemon athletica had a net margin of 15.72% and a return on equity of 39.78%. The business had revenue of $2.57 billion for the quarter, compared to analyst estimates of $2.48 billion. During the same quarter in the previous year, the firm posted $2.53 earnings per share. The firm’s revenue for the quarter was up 7.1% on a year-over-year basis. lululemon athletica has set its FY 2025 guidance at 12.920-13.020 EPS and its Q4 2025 guidance at 4.660-4.760 EPS. On average, equities analysts expect that lululemon athletica inc. will post 14.36 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on LULU. BTIG Research restated a “buy” rating on shares of lululemon athletica in a research note on Thursday. Piper Sandler raised their price objective on lululemon athletica from $165.00 to $190.00 and gave the stock a “neutral” rating in a research report on Friday, December 12th. Needham & Company LLC reissued a “hold” rating on shares of lululemon athletica in a report on Friday, November 21st. Raymond James Financial reissued a “strong-buy” rating on shares of lululemon athletica in a report on Thursday. Finally, Zacks Research raised shares of lululemon athletica from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 4th. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, thirty have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $228.40.

Read Our Latest Stock Report on LULU

Insider Activity at lululemon athletica

In other news, insider Celeste Burgoyne sold 13,511 shares of the stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $204.00, for a total transaction of $2,756,244.00. Following the transaction, the insider owned 5,318 shares in the company, valued at approximately $1,084,872. This trade represents a 71.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.54% of the company’s stock.

More lululemon athletica News

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lululemon athletica Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for lululemon athletica (NASDAQ:LULU)

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