Mitsubishi UFJ Trust & Banking Corp lifted its position in shares of lululemon athletica inc. (NASDAQ:LULU – Free Report) by 105.9% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 123,054 shares of the apparel retailer’s stock after buying an additional 63,296 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned 0.10% of lululemon athletica worth $21,895,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Generali Investments Towarzystwo Funduszy Inwestycyjnych lifted its stake in shares of lululemon athletica by 9.1% during the 2nd quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 600 shares of the apparel retailer’s stock worth $143,000 after purchasing an additional 50 shares during the period. Westside Investment Management Inc. boosted its stake in lululemon athletica by 15.4% in the 2nd 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 last quarter. Twin Capital Management Inc. increased its stake 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 acquiring an additional 58 shares during the last quarter. MGO One Seven LLC lifted its holdings 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 worth $238,000 after acquiring an additional 58 shares during the period. Finally, Blue Trust Inc. grew its holdings in lululemon athletica by 96.8% in the second quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer’s stock valued at $29,000 after purchasing an additional 61 shares during the period. 85.20% of the stock is owned by hedge funds and other institutional investors.
Insider Activity
In other news, insider Celeste Burgoyne sold 13,511 shares of the stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $204.00, for a total transaction of $2,756,244.00. Following the transaction, the insider owned 5,318 shares of the company’s stock, valued at approximately $1,084,872. This trade represents a 71.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.54% of the company’s stock.
lululemon athletica Stock Performance
lululemon athletica (NASDAQ:LULU – Get Free Report) last posted its quarterly earnings data on Thursday, December 11th. The apparel retailer reported $2.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.22 by $0.37. The company had revenue of $2.57 billion for the quarter, compared to the consensus estimate of $2.48 billion. lululemon athletica had a return on equity of 39.78% and a net margin of 15.72%.lululemon athletica’s revenue for the quarter was up 7.1% compared to the same quarter last year. During the same period in the previous year, the business earned $2.53 EPS. 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. On average, equities research analysts predict that lululemon athletica inc. will post 14.36 EPS for the current year.
Analyst Upgrades and Downgrades
A number of research firms have weighed in on LULU. BTIG Research reaffirmed a “buy” rating on shares of lululemon athletica in a research note on Thursday. Raymond James Financial reaffirmed a “strong-buy” rating on shares of lululemon athletica in a research report on Thursday. Guggenheim started coverage on lululemon athletica in a research report on Wednesday, December 10th. They set a “neutral” rating for the company. Daiwa Capital Markets raised their price objective on lululemon athletica from $174.00 to $205.00 and gave the stock a “neutral” rating in a report on Tuesday, December 16th. Finally, The Goldman Sachs Group lifted their price objective on lululemon athletica from $180.00 to $200.00 and gave the company a “neutral” rating in a research note on Friday, December 12th. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, thirty have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $227.57.
Get Our Latest Stock Report on LULU
lululemon athletica Profile
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.
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