Empirical Asset Management LLC Invests $551,000 in lululemon athletica inc. $LULU

Empirical Asset Management LLC bought a new stake in lululemon athletica inc. (NASDAQ:LULU) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 3,098 shares of the apparel retailer’s stock, valued at approximately $551,000.

Other large investors have also modified their holdings of the company. Brighton Jones LLC acquired a new position in shares of lululemon athletica in the 4th quarter worth approximately $429,000. NewEdge Advisors LLC boosted its holdings in lululemon athletica by 5.1% in the first quarter. NewEdge Advisors LLC now owns 3,848 shares of the apparel retailer’s stock worth $1,089,000 after purchasing an additional 186 shares during the period. AlphaQuest LLC increased its stake in lululemon athletica by 111.5% during the second quarter. AlphaQuest LLC now owns 2,288 shares of the apparel retailer’s stock valued at $544,000 after purchasing an additional 1,206 shares during the last quarter. Oppenheimer Asset Management Inc. acquired a new stake in shares of lululemon athletica during the second quarter worth $2,572,000. Finally, Nisa Investment Advisors LLC lifted its position in shares of lululemon athletica by 24.4% in the 2nd quarter. Nisa Investment Advisors LLC now owns 3,378 shares of the apparel retailer’s stock worth $803,000 after buying an additional 663 shares during the last quarter. Institutional investors own 85.20% of the company’s stock.

Insider Transactions at lululemon athletica

In other lululemon athletica news, insider Celeste Burgoyne sold 13,511 shares of the firm’s stock in a transaction dated Tuesday, December 16th. The shares were 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 of the company’s stock, valued at approximately $1,084,872. This trade represents a 71.76% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.54% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Telsey Advisory Group reaffirmed a “market perform” rating and set a $215.00 price objective on shares of lululemon athletica in a research report on Monday, January 26th. Daiwa Securities Group upped their target price on lululemon athletica from $174.00 to $205.00 and gave the company a “neutral” rating in a report on Tuesday, December 16th. Deutsche Bank Aktiengesellschaft assumed coverage on lululemon athletica in a research report on Thursday, January 8th. They set a “hold” rating on the stock. UBS Group set a $206.00 price objective on lululemon athletica in a research report on Wednesday, December 31st. Finally, The Goldman Sachs Group increased their target price on lululemon athletica from $180.00 to $200.00 and gave the stock a “neutral” rating in a research report on Friday, December 12th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, thirty have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $227.05.

lululemon athletica Price Performance

Shares of lululemon athletica stock opened at $182.55 on Thursday. The business’s fifty day moving average price is $193.70 and its two-hundred day moving average price is $184.70. The company has a market capitalization of $21.41 billion, a P/E ratio of 12.65, a PEG ratio of 11.31 and a beta of 1.01. lululemon athletica inc. has a 1-year low of $159.25 and a 1-year high of $372.66.

lululemon athletica (NASDAQ:LULU) last released 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 company had revenue of $2.57 billion during the quarter, compared to analysts’ expectations of $2.48 billion. lululemon athletica had a return on equity of 39.78% and a net margin of 15.72%.The company’s revenue for the quarter was up 7.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $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, research analysts expect that lululemon athletica inc. will post 14.36 earnings per share for the current fiscal year.

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.