Flossbach Von Storch SE Buys 238,332 Shares of lululemon athletica inc. $LULU

Flossbach Von Storch SE boosted its stake in lululemon athletica inc. (NASDAQ:LULU) by 17.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,640,217 shares of the apparel retailer’s stock after purchasing an additional 238,332 shares during the quarter. lululemon athletica comprises about 1.6% of Flossbach Von Storch SE’s investment portfolio, making the stock its 23rd largest holding. Flossbach Von Storch SE owned about 1.37% of lululemon athletica worth $389,683,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Manhattan West Asset Management LLC grew its position in shares of lululemon athletica by 5.4% during the 1st quarter. Manhattan West Asset Management LLC now owns 724 shares of the apparel retailer’s stock worth $205,000 after buying an additional 37 shares during the period. Horizon Investments LLC grew its holdings in lululemon athletica by 2.4% during the first quarter. Horizon Investments LLC now owns 1,610 shares of the apparel retailer’s stock valued at $456,000 after purchasing an additional 38 shares during the period. GM Advisory Group LLC grew its holdings in lululemon athletica by 2.0% during the first quarter. GM Advisory Group LLC now owns 1,992 shares of the apparel retailer’s stock valued at $564,000 after purchasing an additional 40 shares during the period. Hancock Whitney Corp increased its stake in lululemon athletica by 4.6% in the first quarter. Hancock Whitney Corp now owns 951 shares of the apparel retailer’s stock valued at $269,000 after purchasing an additional 42 shares in the last quarter. Finally, Optimize Financial Inc raised its holdings in lululemon athletica by 2.3% in the first quarter. Optimize Financial Inc now owns 2,043 shares of the apparel retailer’s stock worth $578,000 after purchasing an additional 45 shares during the period. Institutional investors and hedge funds own 85.20% of the company’s stock.

Insider Buying and Selling

In related news, insider Nicole Neuburger sold 615 shares of the firm’s stock in a transaction on Tuesday, September 30th. The shares were sold at an average price of $178.00, for a total value of $109,470.00. Following the completion of the transaction, the insider owned 8,993 shares of the company’s stock, valued at approximately $1,600,754. This trade represents a 6.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.54% of the company’s stock.

lululemon athletica Price Performance

LULU stock opened at $166.13 on Friday. The stock has a market capitalization of $19.70 billion, a P/E ratio of 11.29, a P/E/G ratio of 10.64 and a beta of 1.07. lululemon athletica inc. has a fifty-two week low of $159.25 and a fifty-two week high of $423.32. The business has a 50-day moving average of $173.40 and a 200-day moving average of $222.29.

lululemon athletica (NASDAQ:LULU) last announced its earnings results on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share (EPS) for the quarter, beating 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 business had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.55 billion. During the same quarter last year, the firm earned $3.15 EPS. lululemon athletica’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. Equities analysts expect that lululemon athletica inc. will post 14.36 EPS for the current year.

Analyst Ratings Changes

LULU has been the subject of several research analyst reports. Oppenheimer reissued a “market perform” rating and issued a $500.00 price target on shares of lululemon athletica in a report on Friday, September 5th. Stifel Nicolaus reiterated a “hold” rating and set a $205.00 target price (down from $324.00) on shares of lululemon athletica in a report on Friday, September 5th. Zacks Research raised lululemon athletica from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 4th. Robert W. Baird reaffirmed a “neutral” rating and set a $195.00 price target (down previously from $225.00) on shares of lululemon athletica in a research report on Tuesday, September 23rd. Finally, Morgan Stanley cut their price objective on lululemon athletica from $223.00 to $185.00 and set an “equal weight” rating on the stock in a report on Tuesday, September 30th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, thirty have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, lululemon athletica presently has an average rating of “Hold” and an average target price of $228.42.

lululemon athletica 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.