lululemon athletica inc. $LULU Shares Bought by Allianz Asset Management GmbH

Allianz Asset Management GmbH grew its position in lululemon athletica inc. (NASDAQ:LULU) by 7.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 47,871 shares of the apparel retailer’s stock after acquiring an additional 3,113 shares during the period. Allianz Asset Management GmbH’s holdings in lululemon athletica were worth $8,518,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of LULU. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in lululemon athletica in the 2nd quarter valued at $17,747,000. K.J. Harrison & Partners Inc raised its holdings in shares of lululemon athletica by 100.1% during the 2nd quarter. K.J. Harrison & Partners Inc now owns 6,002 shares of the apparel retailer’s stock worth $1,426,000 after acquiring an additional 3,002 shares during the period. Hussman Strategic Advisors Inc. boosted its position in shares of lululemon athletica by 66.7% during the 3rd quarter. Hussman Strategic Advisors Inc. now owns 21,000 shares of the apparel retailer’s stock valued at $3,737,000 after acquiring an additional 8,400 shares during the last quarter. Alpha Wealth Funds LLC purchased a new stake in shares of lululemon athletica in the second quarter valued at about $470,000. Finally, Pacer Advisors Inc. grew its holdings in shares of lululemon athletica by 2,598.9% in the third quarter. Pacer Advisors Inc. now owns 475,957 shares of the apparel retailer’s stock valued at $84,687,000 after purchasing an additional 458,322 shares during the period. 85.20% of the stock is owned by hedge funds and other institutional investors.

lululemon athletica Price Performance

Shares of lululemon athletica stock opened at $175.68 on Tuesday. The business has a 50-day moving average of $196.80 and a 200 day moving average of $186.50. lululemon athletica inc. has a 12 month low of $159.25 and a 12 month high of $403.21. The stock has a market capitalization of $20.61 billion, a price-to-earnings ratio of 12.17, a price-to-earnings-growth ratio of 10.92 and a beta of 1.01.

lululemon athletica (NASDAQ:LULU) last issued its quarterly earnings results on Thursday, December 11th. The apparel retailer reported $2.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.22 by $0.37. The business had revenue of $2.57 billion for the quarter, compared to analysts’ expectations of $2.48 billion. lululemon athletica had a net margin of 15.72% and a return on equity of 39.78%. The business’s quarterly revenue was up 7.1% on a year-over-year basis. During the same quarter in the prior 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. Equities research analysts anticipate that lululemon athletica inc. will post 14.36 earnings per share for the current year.

Insider Activity

In related news, insider Celeste Burgoyne sold 13,511 shares of lululemon athletica stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $204.00, for a total value of $2,756,244.00. Following the completion of the transaction, the insider directly 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 transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.54% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on the stock. The Goldman Sachs Group boosted their target price on shares of lululemon athletica from $180.00 to $200.00 and gave the company a “neutral” rating in a report on Friday, December 12th. Piper Sandler upped their price objective on lululemon athletica from $165.00 to $190.00 and gave the company a “neutral” rating in a report on Friday, December 12th. Weiss Ratings raised lululemon athletica from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday. JPMorgan Chase & Co. lifted their target price on lululemon athletica from $203.00 to $209.00 and gave the company a “neutral” rating in a research report on Tuesday, January 20th. Finally, Zacks Research upgraded 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 assigned a Buy rating, thirty have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $227.05.

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.