Jensen Investment Management Inc. Purchases Shares of 8,220 lululemon athletica inc. $LULU

Jensen Investment Management Inc. acquired a new position in lululemon athletica inc. (NASDAQ:LULU) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 8,220 shares of the apparel retailer’s stock, valued at approximately $1,463,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cornerstone Planning Group LLC boosted its stake in shares of lululemon athletica by 81.9% during the 3rd quarter. Cornerstone Planning Group LLC now owns 151 shares of the apparel retailer’s stock worth $25,000 after acquiring an additional 68 shares during the last quarter. Blue Trust Inc. increased its stake in shares of lululemon athletica by 96.8% in the 2nd quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer’s stock worth $29,000 after purchasing an additional 61 shares in the last quarter. Trust Co. of Toledo NA OH bought a new position in lululemon athletica in the 2nd quarter worth $30,000. Tradewinds Capital Management LLC lifted its position in lululemon athletica by 18,400.0% during 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, Migdal Insurance & Financial Holdings Ltd. grew its holdings in lululemon athletica by 464.0% during the second 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. Hedge funds and other institutional investors own 85.20% of the company’s stock.

Wall Street Analyst Weigh In

LULU has been the topic of a number of analyst reports. Guggenheim initiated coverage on lululemon athletica in a research report on Wednesday, December 10th. They set a “neutral” rating on the stock. Weiss Ratings upgraded shares of lululemon athletica from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, February 5th. Daiwa Securities Group increased their price objective on shares of lululemon athletica from $174.00 to $205.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 16th. JPMorgan Chase & Co. lifted their target price on shares of lululemon athletica from $203.00 to $209.00 and gave the company a “neutral” rating in a research note on Tuesday, January 20th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of lululemon athletica in a report on Friday, November 21st. Two analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, thirty have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $227.05.

lululemon athletica Stock Performance

LULU stock opened at $180.62 on Wednesday. The firm has a fifty day moving average price of $196.77 and a 200 day moving average price of $186.22. lululemon athletica inc. has a fifty-two week low of $159.25 and a fifty-two week high of $403.21. The firm has a market cap of $21.19 billion, a PE ratio of 12.52, a price-to-earnings-growth ratio of 11.10 and a beta of 1.01.

lululemon athletica (NASDAQ:LULU) last issued 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 during the quarter, compared to analysts’ expectations of $2.48 billion. During the same period last year, the company posted $2.53 EPS. The business’s revenue 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 predict that lululemon athletica inc. will post 14.36 EPS for the current year.

Insiders Place Their Bets

In other lululemon athletica news, insider Celeste Burgoyne sold 13,511 shares of the company’s 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 sale, the insider directly owned 5,318 shares in the company, valued at $1,084,872. This represents a 71.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. 0.54% of the stock is owned by insiders.

lululemon athletica 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.