Allianz Asset Management GmbH Has $10.63 Million Stock Holdings in lululemon athletica inc. $LULU

Allianz Asset Management GmbH lifted its position in lululemon athletica inc. (NASDAQ:LULU) by 320.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 44,758 shares of the apparel retailer’s stock after acquiring an additional 34,121 shares during the period. Allianz Asset Management GmbH’s holdings in lululemon athletica were worth $10,634,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. N.E.W. Advisory Services LLC acquired a new stake in shares of lululemon athletica in the 1st quarter valued at approximately $25,000. Cornerstone Planning Group LLC raised its position in shares of lululemon athletica by 506.3% in the 1st quarter. Cornerstone Planning Group LLC now owns 97 shares of the apparel retailer’s stock valued at $26,000 after acquiring an additional 81 shares during the period. Flaharty Asset Management LLC acquired a new stake in shares of lululemon athletica in the 1st quarter valued at approximately $29,000. Zions Bancorporation National Association UT acquired a new stake in shares of lululemon athletica in the 1st quarter valued at approximately $31,000. Finally, Blue Trust Inc. raised its position 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 valued at $29,000 after acquiring an additional 61 shares during the period. 85.20% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

LULU has been the topic of a number of analyst reports. Needham & Company LLC reiterated a “hold” rating and issued a $192.00 price target on shares of lululemon athletica in a research report on Thursday, September 25th. Barclays lowered their target price on lululemon athletica from $209.00 to $180.00 and set an “equal weight” rating for the company in a research note on Friday, September 5th. Citigroup lowered their target price on lululemon athletica from $220.00 to $190.00 and set a “neutral” rating for the company in a research note on Friday, September 5th. Dbs Bank lowered their target price on lululemon athletica from $165.00 to $134.00 in a research note on Friday, September 19th. Finally, Wells Fargo & Company lowered their target price on lululemon athletica from $205.00 to $160.00 and set an “equal weight” rating for the company in a research note on Friday, September 5th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, twenty-nine have given a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $228.42.

Insider Buying and Selling at lululemon athletica

In other news, insider Nicole Neuburger sold 615 shares of the firm’s stock in a transaction that occurred on Tuesday, September 30th. The shares were sold at an average price of $178.00, for a total transaction of $109,470.00. Following the completion of the transaction, the insider directly owned 8,993 shares of the company’s stock, valued at $1,600,754. This trade represents a 6.40% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.54% of the stock is owned by corporate insiders.

lululemon athletica Stock Up 5.2%

Shares of LULU opened at $181.39 on Wednesday. The stock has a market capitalization of $21.51 billion, a P/E ratio of 12.33, a P/E/G ratio of 10.78 and a beta of 1.07. lululemon athletica inc. has a twelve month low of $159.25 and a twelve month high of $423.32. The company has a 50 day moving average of $181.16 and a 200-day moving average of $230.32.

lululemon athletica (NASDAQ:LULU) last issued its quarterly earnings results on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share for the quarter, topping the consensus estimate of $2.86 by $0.24. The company had revenue of $2.53 billion during the quarter, compared to analysts’ expectations of $2.55 billion. lululemon athletica had a net margin of 16.38% and a return on equity of 42.05%. The business’s quarterly revenue was up 6.5% on a year-over-year basis. During the same period last year, the business earned $3.15 EPS. 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, sell-side analysts anticipate that lululemon athletica inc. will post 14.36 earnings per share for the current fiscal year.

lululemon athletica Company Profile

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.