lululemon athletica inc. $LULU Shares Bought by Canada Pension Plan Investment Board

Canada Pension Plan Investment Board raised its stake in lululemon athletica inc. (NASDAQ:LULU) by 141.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 117,232 shares of the apparel retailer’s stock after buying an additional 68,769 shares during the quarter. Canada Pension Plan Investment Board owned about 0.10% of lululemon athletica worth $33,184,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. N.E.W. Advisory Services LLC acquired a new position in lululemon athletica in the first quarter valued at about $25,000. Cornerstone Planning Group LLC lifted its position in lululemon athletica by 506.3% in the first quarter. Cornerstone Planning Group LLC now owns 97 shares of the apparel retailer’s stock valued at $26,000 after buying an additional 81 shares during the last quarter. Zions Bancorporation National Association UT acquired a new position in lululemon athletica in the first quarter valued at about $31,000. Garde Capital Inc. acquired a new position in lululemon athletica in the first quarter valued at about $35,000. Finally, CENTRAL TRUST Co lifted its position in lululemon athletica by 154.9% in the first quarter. CENTRAL TRUST Co now owns 130 shares of the apparel retailer’s stock valued at $37,000 after buying an additional 79 shares during the last quarter. Institutional investors and hedge funds own 85.20% of the company’s stock.

lululemon athletica Stock Performance

LULU stock opened at $202.20 on Monday. The company’s 50 day moving average price is $216.27 and its 200 day moving average price is $270.72. lululemon athletica inc. has a fifty-two week low of $185.95 and a fifty-two week high of $423.32. The firm has a market capitalization of $24.23 billion, a price-to-earnings ratio of 13.70, a PEG ratio of 1.74 and a beta of 1.12.

lululemon athletica (NASDAQ:LULU) last released its earnings results on Thursday, June 5th. The apparel retailer reported $2.60 earnings per share for the quarter, hitting analysts’ consensus estimates of $2.60. lululemon athletica had a net margin of 16.82% and a return on equity of 43.48%. The firm had revenue of $2.37 billion for the quarter, compared to analyst estimates of $2.36 billion. During the same period in the prior year, the firm earned $2.54 earnings per share. The business’s quarterly revenue was up 7.3% compared to the same quarter last year. lululemon athletica has set its FY 2025 guidance at 14.580-14.780 EPS. Q2 2025 guidance at 2.850-2.900 EPS. Equities analysts forecast that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.

Insider Buying and Selling at lululemon athletica

In related news, CEO Calvin Mcdonald sold 27,049 shares of the company’s stock in a transaction that occurred on Friday, June 27th. The shares were sold at an average price of $235.69, for a total transaction of $6,375,178.81. Following the sale, the chief executive officer directly owned 110,564 shares in the company, valued at approximately $26,058,829.16. This represents a 19.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.54% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on LULU shares. Bank of America decreased their target price on shares of lululemon athletica from $370.00 to $300.00 and set a “buy” rating on the stock in a research report on Tuesday, August 26th. Morgan Stanley cut their price target on shares of lululemon athletica from $280.00 to $223.00 and set an “equal weight” rating on the stock in a research note on Tuesday, August 26th. Robert W. Baird cut their price target on shares of lululemon athletica from $340.00 to $260.00 and set an “outperform” rating on the stock in a research note on Monday, August 11th. Evercore ISI boosted their price target on shares of lululemon athletica from $320.00 to $400.00 and gave the stock an “outperform” rating in a research note on Tuesday, June 3rd. Finally, Needham & Company LLC cut their price target on shares of lululemon athletica from $317.00 to $238.00 and set a “buy” rating on the stock in a research note on Friday. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $305.75.

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.