Raiffeisen Bank International AG lifted its position in shares of lululemon athletica inc. (NASDAQ:LULU – Free Report) by 0.6% during the second quarter, Holdings Channel.com reports. The firm owned 84,973 shares of the apparel retailer’s stock after buying an additional 514 shares during the quarter. Raiffeisen Bank International AG’s holdings in lululemon athletica were worth $19,673,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also recently added to or reduced their stakes in LULU. Brighton Jones LLC bought a new stake in lululemon athletica in the 4th quarter valued at about $429,000. Larson Financial Group LLC lifted its position in lululemon athletica by 109.9% during the first quarter. Larson Financial Group LLC now owns 149 shares of the apparel retailer’s stock worth $42,000 after purchasing an additional 78 shares during the period. Private Advisor Group LLC increased its holdings in lululemon athletica by 1.6% in the 1st quarter. Private Advisor Group LLC now owns 20,711 shares of the apparel retailer’s stock valued at $5,862,000 after buying an additional 318 shares during the period. IFP Advisors Inc raised its position in shares of lululemon athletica by 22.8% in the 1st quarter. IFP Advisors Inc now owns 706 shares of the apparel retailer’s stock valued at $200,000 after buying an additional 131 shares in the last quarter. Finally, Twin Capital Management Inc. raised its position in lululemon athletica by 58.3% during the first quarter. Twin Capital Management Inc. now owns 3,676 shares of the apparel retailer’s stock valued at $1,041,000 after purchasing an additional 1,354 shares in the last quarter. Institutional investors own 85.20% of the company’s stock.
Wall Street Analyst Weigh In
LULU has been the topic of a number of research analyst reports. Barclays reduced their target price on lululemon athletica from $209.00 to $180.00 and set an “equal weight” rating on the stock in a report on Friday, September 5th. Jefferies Financial Group restated an “underperform” rating on shares of lululemon athletica in a research report on Monday, October 27th. Bank of America decreased their target price on lululemon athletica from $210.00 to $185.00 and set a “neutral” rating on the stock in a research report on Friday, September 12th. TD Securities lowered their target price on lululemon athletica from $298.00 to $220.00 and set a “buy” rating for the company in a research note on Friday, September 5th. Finally, Hsbc Global Res cut shares of lululemon athletica from a “strong-buy” rating to a “hold” rating in a report on Thursday, September 11th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, thirty have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, lululemon athletica presently has an average rating of “Hold” and an average price target of $228.42.
Insider Buying and Selling at lululemon athletica
In other news, insider Nicole Neuburger sold 615 shares of the business’s stock in a transaction dated Tuesday, September 30th. The stock was 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. The trade was a 6.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.54% of the company’s stock.
lululemon athletica Price Performance
lululemon athletica stock opened at $170.68 on Monday. The firm has a market cap of $20.24 billion, a P/E ratio of 11.60, a P/E/G ratio of 10.64 and a beta of 1.07. The stock’s 50 day moving average is $170.94 and its 200 day moving average is $218.48. lululemon athletica inc. has a one year low of $159.25 and a one year high of $423.32.
lululemon athletica (NASDAQ:LULU – Get Free Report) last issued its quarterly earnings results on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.55 billion. During the same quarter in the previous year, the company earned $3.15 EPS. The company’s revenue for the quarter was up 6.5% on a year-over-year basis. 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 anticipate that lululemon athletica inc. will post 14.36 earnings per share for the current fiscal year.
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.
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