Candriam S.C.A. Purchases 34,880 Shares of lululemon athletica inc. $LULU

Candriam S.C.A. boosted its position in shares of lululemon athletica inc. (NASDAQ:LULU) by 49.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 105,323 shares of the apparel retailer’s stock after acquiring an additional 34,880 shares during the period. Candriam S.C.A. owned 0.09% of lululemon athletica worth $25,024,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in LULU. N.E.W. Advisory Services LLC acquired a new position in shares of lululemon athletica during the 1st quarter worth about $25,000. Flaharty Asset Management LLC bought a new position in lululemon athletica in the 1st quarter worth approximately $29,000. Blue Trust Inc. lifted its holdings in shares of lululemon athletica by 96.8% during the second quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer’s stock worth $29,000 after buying an additional 61 shares during the last quarter. Trust Co. of Toledo NA OH bought a new stake in shares of lululemon athletica in the second quarter valued at approximately $30,000. Finally, Zions Bancorporation National Association UT acquired a new stake in shares of lululemon athletica in the first quarter worth $31,000. 85.20% of the stock is owned by institutional investors and hedge funds.

lululemon athletica Stock Performance

Shares of NASDAQ LULU opened at $169.66 on Friday. The stock has a market cap of $20.12 billion, a PE ratio of 11.53, a PEG ratio of 10.64 and a beta of 1.07. The business has a fifty day moving average of $170.88 and a two-hundred day moving average of $219.89. lululemon athletica inc. has a 52-week low of $159.25 and a 52-week high of $423.32.

lululemon athletica (NASDAQ:LULU) last posted 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. The company had revenue of $2.53 billion during the quarter, compared to analysts’ expectations of $2.55 billion. lululemon athletica had a net margin of 16.38% and a return on equity of 42.05%. lululemon athletica’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.15 earnings per share. lululemon athletica has set its FY 2025 guidance at 12.770-12.970 EPS. Q3 2025 guidance at 2.180-2.230 EPS. Analysts predict that lululemon athletica inc. will post 14.36 earnings per share for the current year.

Insider Transactions at lululemon athletica

In other news, insider Nicole Neuburger sold 615 shares of lululemon athletica 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 completion of the sale, the insider directly owned 8,993 shares of the company’s stock, valued at approximately $1,600,754. This trade represents a 6.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.54% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on LULU shares. Evercore ISI reissued an “in-line” rating and issued a $180.00 price target (down from $265.00) on shares of lululemon athletica in a report on Friday, September 5th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of lululemon athletica in a report on Wednesday, October 8th. HSBC lowered lululemon athletica from a “buy” rating to a “hold” rating and set a $175.00 price objective on the stock. in a report on Thursday, September 11th. JPMorgan Chase & Co. lowered their price objective on lululemon athletica from $224.00 to $191.00 and set a “neutral” rating on the stock in a research report on Friday, September 5th. Finally, UBS Group reduced their target price on lululemon athletica from $240.00 to $185.00 and set a “neutral” rating for the company in a research report on Friday, September 5th. One investment 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 assigned a Sell rating to the company’s stock. According to MarketBeat.com, lululemon athletica presently has a consensus rating of “Hold” and an average price target 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.