Impax Asset Management Group plc Buys 9,472 Shares of lululemon athletica inc. $LULU

Impax Asset Management Group plc increased its stake in lululemon athletica inc. (NASDAQ:LULU) by 47.1% in the second quarter, Holdings Channel.com reports. The firm owned 29,598 shares of the apparel retailer’s stock after purchasing an additional 9,472 shares during the quarter. Impax Asset Management Group plc’s holdings in lululemon athletica were worth $7,032,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in shares of lululemon athletica by 1.2% in the first quarter. Vanguard Group Inc. now owns 13,266,929 shares of the apparel retailer’s stock valued at $3,755,337,000 after purchasing an additional 157,764 shares in the last quarter. Price T Rowe Associates Inc. MD grew its holdings in shares of lululemon athletica by 3.3% during the first 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 buying an additional 162,295 shares in the last quarter. Alliancebernstein L.P. raised its position in lululemon athletica by 9.0% in the 1st quarter. Alliancebernstein L.P. now owns 4,792,294 shares of the apparel retailer’s stock valued at $1,356,507,000 after buying an additional 394,706 shares during the last quarter. Geode Capital Management LLC lifted its stake in lululemon athletica by 16.2% in the 2nd quarter. Geode Capital Management LLC now owns 2,960,387 shares of the apparel retailer’s stock valued at $700,502,000 after acquiring an additional 413,062 shares in the last quarter. Finally, Flossbach Von Storch SE boosted its position in lululemon athletica by 17.0% during the 2nd quarter. Flossbach Von Storch SE now owns 1,640,217 shares of the apparel retailer’s stock worth $389,683,000 after acquiring an additional 238,332 shares during the last quarter. Institutional investors and hedge funds own 85.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Evercore ISI reiterated an “in-line” rating and issued a $180.00 price objective (down from $265.00) on shares of lululemon athletica in a report on Friday, September 5th. Telsey Advisory Group cut shares of lululemon athletica from an “outperform” rating to a “market perform” rating and reduced their target price for the stock from $360.00 to $200.00 in a report on Monday, September 15th. JPMorgan Chase & Co. lowered their price target on shares of lululemon athletica from $224.00 to $191.00 and set a “neutral” rating on the stock in a research note on Friday, September 5th. Piper Sandler cut their price target on shares of lululemon athletica from $200.00 to $165.00 and set a “neutral” rating on the stock in a research report on Friday, September 5th. Finally, BNP Paribas upgraded shares of lululemon athletica from a “strong sell” rating to a “hold” rating in a research note on Monday, October 20th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, thirty have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $228.42.

lululemon athletica Stock Down 0.7%

LULU opened at $169.66 on Friday. lululemon athletica inc. has a 12-month low of $159.25 and a 12-month high of $423.32. The business has a 50 day moving average of $170.88 and a 200-day moving average of $219.89. The stock has a market cap of $20.12 billion, a price-to-earnings ratio of 11.53, a PEG ratio of 10.64 and a beta of 1.07.

lululemon athletica (NASDAQ:LULU) last posted its 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. 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 period in the previous year, the firm earned $3.15 EPS. The firm’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. As a group, analysts expect that lululemon athletica inc. will post 14.36 earnings per share for the current year.

Insider Buying and Selling at lululemon athletica

In other news, insider Nicole Neuburger sold 615 shares of the stock in a transaction dated Tuesday, September 30th. The shares were sold at an average price of $178.00, for a total value of $109,470.00. Following the transaction, the insider directly owned 8,993 shares of the company’s stock, valued at $1,600,754. This represents a 6.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.54% of the stock is owned by insiders.

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.