Flossbach Von Storch SE Increases Stake in lululemon athletica inc. $LULU

Flossbach Von Storch SE raised its holdings in shares of lululemon athletica inc. (NASDAQ:LULUFree Report) by 17.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,930,831 shares of the apparel retailer’s stock after acquiring an additional 290,614 shares during the quarter. lululemon athletica makes up 1.4% of Flossbach Von Storch SE’s portfolio, making the stock its 26th largest holding. Flossbach Von Storch SE owned 1.63% of lululemon athletica worth $343,553,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of LULU. Generali Investments Towarzystwo Funduszy Inwestycyjnych lifted its position in lululemon athletica by 9.1% during the second quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 600 shares of the apparel retailer’s stock valued at $143,000 after purchasing an additional 50 shares in the last quarter. Westside Investment Management Inc. raised its stake in shares of lululemon athletica by 15.4% in the second quarter. Westside Investment Management Inc. now owns 420 shares of the apparel retailer’s stock worth $100,000 after buying an additional 56 shares during the period. Twin Capital Management Inc. lifted its position in shares of lululemon athletica by 1.6% during the 2nd quarter. Twin Capital Management Inc. now owns 3,734 shares of the apparel retailer’s stock valued at $887,000 after buying an additional 58 shares in the last quarter. MGO One Seven LLC grew its stake in shares of lululemon athletica by 4.5% during the 3rd quarter. MGO One Seven LLC now owns 1,340 shares of the apparel retailer’s stock valued at $238,000 after acquiring an additional 58 shares during the period. Finally, Blue Trust Inc. grew its stake in shares of lululemon athletica by 96.8% during the 2nd quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer’s stock valued at $29,000 after acquiring an additional 61 shares during the period. Institutional investors own 85.20% of the company’s stock.

Analysts Set New Price Targets

LULU has been the topic of a number of recent analyst reports. Barclays raised their target price on shares of lululemon athletica from $180.00 to $189.00 and gave the stock an “equal weight” rating in a research note on Friday, December 12th. Guggenheim assumed coverage on shares of lululemon athletica in a research note on Wednesday, December 10th. They set a “neutral” rating on the stock. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $215.00 target price on shares of lululemon athletica in a report on Monday. BTIG Research reissued a “buy” rating on shares of lululemon athletica in a report on Thursday, January 22nd. Finally, Jefferies Financial Group boosted their price objective on lululemon athletica from $170.00 to $200.00 and gave the company a “hold” rating in a research report on Thursday, December 18th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, thirty have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $227.57.

Read Our Latest Report on lululemon athletica

lululemon athletica Stock Performance

Shares of NASDAQ LULU opened at $180.35 on Thursday. The company has a market cap of $21.16 billion, a P/E ratio of 12.50, a P/E/G ratio of 11.51 and a beta of 1.01. lululemon athletica inc. has a 52-week low of $159.25 and a 52-week high of $423.32. The firm’s fifty day moving average is $197.14 and its two-hundred day moving average is $189.64.

lululemon athletica (NASDAQ:LULUGet Free Report) last issued its quarterly earnings data on Thursday, December 11th. The apparel retailer reported $2.59 earnings per share for the quarter, beating analysts’ consensus estimates of $2.22 by $0.37. lululemon athletica had a return on equity of 39.78% and a net margin of 15.72%.The firm had revenue of $2.57 billion during the quarter, compared to analyst estimates of $2.48 billion. During the same quarter last year, the business posted $2.53 earnings per share. The business’s quarterly revenue was up 7.1% compared to the same quarter last year. lululemon athletica has set its FY 2025 guidance at 12.920-13.020 EPS and its Q4 2025 guidance at 4.660-4.760 EPS. As a group, analysts forecast that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.

Insider Transactions at lululemon athletica

In other news, insider Celeste Burgoyne sold 13,511 shares of the company’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $204.00, for a total transaction of $2,756,244.00. Following the sale, the insider directly owned 5,318 shares of the company’s stock, valued at $1,084,872. This represents a 71.76% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.54% of the stock is currently owned by insiders.

lululemon athletica Profile

(Free Report)

lululemon athletica inc. is a design-focused athletic apparel company known for performance-oriented apparel, footwear and accessories. The company’s product portfolio centers on technical apparel for yoga, running, training and everyday active lifestyle use and includes tops, bottoms, outerwear, underwear, bags and a growing footwear assortment. lululemon emphasizes fabric science and product innovation, marketing garments that blend performance features with lifestyle styling.

Products are developed in-house and produced through a network of third-party manufacturers.

Further Reading

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Institutional Ownership by Quarter for lululemon athletica (NASDAQ:LULU)

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