lululemon athletica inc. $LULU Shares Purchased by National Pension Service

National Pension Service grew its stake in shares of lululemon athletica inc. (NASDAQ:LULU) by 5.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 155,507 shares of the apparel retailer’s stock after buying an additional 7,465 shares during the quarter. National Pension Service owned about 0.13% of lululemon athletica worth $27,669,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of LULU. Blue Trust Inc. raised its position in shares of lululemon athletica by 96.8% during the second quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer’s stock worth $29,000 after purchasing an additional 61 shares during the period. Trust Co. of Toledo NA OH purchased a new position in lululemon athletica during the 2nd quarter worth approximately $30,000. Migdal Insurance & Financial Holdings Ltd. raised its stake in lululemon athletica by 464.0% during the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 141 shares of the apparel retailer’s stock valued at $34,000 after purchasing an additional 116 shares during the period. Tradewinds Capital Management LLC lifted its holdings in shares of lululemon athletica by 18,400.0% in the third quarter. Tradewinds Capital Management LLC now owns 185 shares of the apparel retailer’s stock valued at $33,000 after purchasing an additional 184 shares in the last quarter. Finally, Golden State Wealth Management LLC boosted its position in shares of lululemon athletica by 129.4% in the third quarter. Golden State Wealth Management LLC now owns 195 shares of the apparel retailer’s stock worth $35,000 after buying an additional 110 shares during the period. 85.20% of the stock is currently owned by institutional investors and hedge funds.

lululemon athletica Trading Up 2.6%

Shares of NASDAQ:LULU opened at $179.08 on Tuesday. The stock has a market capitalization of $21.01 billion, a PE ratio of 12.41, a P/E/G ratio of 10.78 and a beta of 1.01. lululemon athletica inc. has a 1 year low of $159.25 and a 1 year high of $417.91. The firm has a fifty day moving average price of $197.61 and a 200 day moving average price of $188.27.

lululemon athletica (NASDAQ:LULU) last posted its earnings results on Thursday, December 11th. The apparel retailer reported $2.59 earnings per share for the quarter, beating the consensus estimate of $2.22 by $0.37. The company had revenue of $2.57 billion for the quarter, compared to analyst estimates of $2.48 billion. lululemon athletica had a return on equity of 39.78% and a net margin of 15.72%.The business’s revenue was up 7.1% compared to the same quarter last year. During the same period last year, the company earned $2.53 earnings per share. 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, sell-side analysts forecast that lululemon athletica inc. will post 14.36 earnings per share for the current fiscal year.

Insider Activity at lululemon athletica

In other news, insider Celeste Burgoyne sold 13,511 shares of the business’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $204.00, for a total value of $2,756,244.00. Following the completion of the sale, the insider directly owned 5,318 shares in the company, valued at approximately $1,084,872. The trade was a 71.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.54% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

LULU has been the topic of several recent analyst reports. Piper Sandler upped their price target on lululemon athletica from $165.00 to $190.00 and gave the company a “neutral” rating in a research report on Friday, December 12th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of lululemon athletica in a research note on Thursday, January 22nd. Telsey Advisory Group restated a “market perform” rating and set a $215.00 price target on shares of lululemon athletica in a report on Monday, January 26th. Jefferies Financial Group dropped their price objective on shares of lululemon athletica from $200.00 to $185.00 and set a “hold” rating on the stock in a research note on Friday. Finally, Raymond James Financial reiterated a “strong-buy” rating on shares of lululemon athletica in a research report on Thursday, January 22nd. Two equities 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $227.05.

lululemon athletica Company Profile

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.