lululemon athletica inc. $LULU Shares Bought by M&G PLC

M&G PLC increased its position in shares of lululemon athletica inc. (NASDAQ:LULU) by 49.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 228,634 shares of the apparel retailer’s stock after buying an additional 75,434 shares during the period. M&G PLC owned 0.19% of lululemon athletica worth $54,415,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in LULU. N.E.W. Advisory Services LLC acquired a new stake in shares of lululemon athletica during the 1st quarter valued at about $25,000. Flaharty Asset Management LLC acquired a new stake in lululemon athletica in the first quarter valued at approximately $29,000. Zions Bancorporation National Association UT purchased a new stake in shares of lululemon athletica in the first quarter valued at approximately $31,000. Blue Trust Inc. lifted its position in shares of lululemon athletica by 96.8% during the 2nd quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer’s stock valued at $29,000 after buying an additional 61 shares in the last quarter. Finally, Trust Co. of Toledo NA OH acquired a new stake in lululemon athletica in the 2nd quarter valued at $30,000. Hedge funds and other institutional investors own 85.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on LULU shares. William Blair lowered shares of lululemon athletica from an “outperform” rating to a “market perform” rating in a research note on Friday, September 5th. HSBC downgraded lululemon athletica from a “buy” rating to a “hold” rating and set a $175.00 price objective for the company. in a research note on Thursday, September 11th. Citigroup dropped their target price on shares of lululemon athletica from $220.00 to $190.00 and set a “neutral” rating for the company in a report on Friday, September 5th. Rothschild & Co Redburn lowered their price target on shares of lululemon athletica from $230.00 to $160.00 and set a “sell” rating on the stock in a research report on Friday, September 12th. Finally, Zacks Research raised shares of lululemon athletica from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 4th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, thirty have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $228.42.

Insider Buying and Selling at lululemon athletica

In related news, insider Nicole Neuburger sold 615 shares of the business’s stock in a transaction on Tuesday, September 30th. The stock was sold at an average price of $178.00, for a total value of $109,470.00. Following the sale, the insider owned 8,993 shares in the company, valued at approximately $1,600,754. The trade was a 6.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.54% of the company’s stock.

lululemon athletica Price Performance

Shares of NASDAQ LULU opened at $169.81 on Wednesday. The company has a market capitalization of $20.14 billion, a P/E ratio of 11.54, a P/E/G ratio of 10.64 and a beta of 1.07. lululemon athletica inc. has a 1 year low of $159.25 and a 1 year high of $423.32. The company has a 50 day simple moving average of $172.16 and a 200-day simple moving average of $220.59.

lululemon athletica (NASDAQ:LULU) last released its quarterly earnings results on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share for the quarter, topping analysts’ consensus estimates of $2.86 by $0.24. The business had revenue of $2.53 billion during the quarter, compared to analysts’ expectations of $2.55 billion. lululemon athletica had a return on equity of 42.05% and a net margin of 16.38%.The company’s revenue was up 6.5% compared to the same quarter last year. During the same period in the prior year, the business posted $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. As a group, research analysts expect that lululemon athletica inc. will post 14.36 EPS for the current 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.