Signaturefd LLC Buys 446 Shares of lululemon athletica inc. $LULU

Signaturefd LLC lifted its stake in shares of lululemon athletica inc. (NASDAQ:LULU) by 11.8% during the second quarter, HoldingsChannel.com reports. The firm owned 4,213 shares of the apparel retailer’s stock after purchasing an additional 446 shares during the quarter. Signaturefd LLC’s holdings in lululemon athletica were worth $1,001,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in LULU. Brighton Jones LLC bought a new stake in shares of lululemon athletica during the 4th quarter valued at $429,000. First Hawaiian Bank bought a new stake in shares of lululemon athletica during the 1st quarter valued at $806,000. Versant Capital Management Inc raised its stake in shares of lululemon athletica by 122.4% during the 1st quarter. Versant Capital Management Inc now owns 407 shares of the apparel retailer’s stock valued at $115,000 after purchasing an additional 224 shares during the period. GAMMA Investing LLC raised its stake in shares of lululemon athletica by 37,062.1% during the 1st quarter. GAMMA Investing LLC now owns 563,006 shares of the apparel retailer’s stock valued at $159,364,000 after purchasing an additional 561,491 shares during the period. Finally, Rhumbline Advisers raised its stake in shares of lululemon athletica by 3.1% during the 1st quarter. Rhumbline Advisers now owns 214,260 shares of the apparel retailer’s stock valued at $60,648,000 after purchasing an additional 6,441 shares during the period. 85.20% of the stock is currently owned by institutional investors.

lululemon athletica Trading Up 2.5%

LULU opened at $176.30 on Monday. The stock has a 50-day moving average price of $192.06 and a 200-day moving average price of $245.95. lululemon athletica inc. has a 12-month low of $159.25 and a 12-month high of $423.32. The stock has a market capitalization of $20.91 billion, a P/E ratio of 11.99, a PEG ratio of 11.01 and a beta of 1.12.

lululemon athletica (NASDAQ:LULU) last posted its quarterly earnings data on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.86 by $0.24. lululemon athletica had a return on equity of 42.05% and a net margin of 16.38%.The firm had revenue of $2.53 billion during the quarter, compared to analysts’ expectations of $2.55 billion. During the same period in the prior year, the business earned $3.15 EPS. The company’s revenue for the quarter was up 6.5% compared to the same quarter last year. lululemon athletica has set its FY 2025 guidance at 12.770-12.970 EPS. Q3 2025 guidance at 2.180-2.230 EPS. On average, equities research analysts predict that lululemon athletica inc. will post 14.36 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on LULU shares. TD Securities decreased their price objective on lululemon athletica from $298.00 to $220.00 and set a “buy” rating on the stock in a research note on Friday, September 5th. KeyCorp cut lululemon athletica from an “overweight” rating to a “sector weight” rating in a research report on Tuesday, September 9th. Sanford C. Bernstein reduced their target price on lululemon athletica from $350.00 to $220.00 and set an “outperform” rating for the company in a research report on Friday, September 5th. Truist Financial cut lululemon athletica from a “buy” rating to a “hold” rating and set a $170.00 target price for the company. in a research report on Friday, September 5th. Finally, Bank of America reduced their target price on lululemon athletica from $210.00 to $185.00 and set a “neutral” rating for the company in a research report on Friday, September 12th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, twenty-six have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, lululemon athletica presently has an average rating of “Hold” and an average target price of $234.64.

About lululemon athletica

Lululemon Athletica Inc, together with its subsidiaries, designs, distributes, and retails athletic apparel, footwear, and accessories under the lululemon brand for women and men. It offers pants, shorts, tops, and jackets for healthy lifestyle, such as yoga, running, training, and other activities. It also provides fitness-inspired accessories.