Allianz Asset Management GmbH Acquires 34,121 Shares of lululemon athletica inc. $LULU

Allianz Asset Management GmbH raised its holdings in lululemon athletica inc. (NASDAQ:LULU) by 320.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 44,758 shares of the apparel retailer’s stock after buying an additional 34,121 shares during the quarter. Allianz Asset Management GmbH’s holdings in lululemon athletica were worth $10,634,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of LULU. T. Rowe Price Investment Management Inc. increased its holdings in lululemon athletica by 151.6% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 770,336 shares of the apparel retailer’s stock valued at $218,052,000 after buying an additional 464,186 shares during the period. Nuveen LLC bought a new stake in shares of lululemon athletica in the 1st quarter worth about $123,894,000. Alliancebernstein L.P. grew its holdings in shares of lululemon athletica by 9.0% in the 1st quarter. Alliancebernstein L.P. now owns 4,792,294 shares of the apparel retailer’s stock worth $1,356,507,000 after purchasing an additional 394,706 shares during the last quarter. Price T Rowe Associates Inc. MD grew its holdings in shares of lululemon athletica by 3.3% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,010,908 shares of the apparel retailer’s stock worth $1,418,389,000 after purchasing an additional 162,295 shares during the last quarter. Finally, Diamond Hill Capital Management Inc. grew its holdings in shares of lululemon athletica by 16.6% in the 1st quarter. Diamond Hill Capital Management Inc. now owns 1,128,607 shares of the apparel retailer’s stock worth $319,463,000 after purchasing an additional 160,897 shares during the last quarter. Institutional investors own 85.20% of the company’s stock.

lululemon athletica Stock Up 5.2%

Shares of NASDAQ LULU opened at $181.39 on Wednesday. The firm’s 50-day simple moving average is $181.16 and its 200 day simple moving average is $230.32. The company has a market cap of $21.51 billion, a price-to-earnings ratio of 12.33, a price-to-earnings-growth ratio of 10.78 and a beta of 1.07. lululemon athletica inc. has a 12-month low of $159.25 and a 12-month high of $423.32.

lululemon athletica (NASDAQ:LULU) last released 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 net margin of 16.38% and a return on equity of 42.05%. The company had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.55 billion. During the same period in the prior year, the company posted $3.15 EPS. The company’s revenue 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 analysts expect that lululemon athletica inc. will post 14.36 earnings per share for the current year.

Insider Transactions at lululemon athletica

In other lululemon athletica news, insider Nicole Neuburger sold 615 shares of the company’s stock in a transaction dated Tuesday, September 30th. The shares were sold at an average price of $178.00, for a total transaction of $109,470.00. Following the transaction, the insider directly owned 8,993 shares in the company, valued at approximately $1,600,754. This represents a 6.40% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.54% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on LULU shares. UBS Group lowered their target price on shares of lululemon athletica from $240.00 to $185.00 and set a “neutral” rating on the stock in a report on Friday, September 5th. Rothschild & Co Redburn lowered their target price on shares of lululemon athletica from $230.00 to $160.00 and set a “sell” rating on the stock in a report on Friday, September 12th. The Goldman Sachs Group lowered their target price on shares of lululemon athletica from $232.00 to $200.00 and set a “neutral” rating on the stock in a report on Friday, September 5th. BNP Paribas raised shares of lululemon athletica from a “strong sell” rating to a “hold” rating in a report on Monday. Finally, Zacks Research lowered shares of lululemon athletica from a “hold” rating to a “strong sell” rating in a report on Monday, September 8th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, twenty-nine have issued a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus 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.