lululemon athletica inc. $LULU Shares Purchased by Mawer Investment Management Ltd.

Mawer Investment Management Ltd. raised its stake in lululemon athletica inc. (NASDAQ:LULU) by 2.8% in the second quarter, HoldingsChannel.com reports. The fund owned 1,359,440 shares of the apparel retailer’s stock after buying an additional 36,664 shares during the quarter. lululemon athletica accounts for 1.6% of Mawer Investment Management Ltd.’s portfolio, making the stock its 17th biggest position. Mawer Investment Management Ltd.’s holdings in lululemon athletica were worth $322,976,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Sandler Capital Management bought a new position in lululemon athletica in the 1st quarter worth about $484,000. Twin Capital Management Inc. boosted its position in shares of lululemon athletica by 58.3% during the first quarter. Twin Capital Management Inc. now owns 3,676 shares of the apparel retailer’s stock worth $1,041,000 after buying an additional 1,354 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in lululemon athletica in the 2nd quarter worth approximately $17,747,000. K.J. Harrison & Partners Inc grew its holdings in lululemon athletica by 100.1% in the 2nd quarter. K.J. Harrison & Partners Inc now owns 6,002 shares of the apparel retailer’s stock worth $1,426,000 after buying an additional 3,002 shares in the last quarter. Finally, WealthPlan Investment Management LLC increased its position in lululemon athletica by 26.9% in the 1st quarter. WealthPlan Investment Management LLC now owns 7,647 shares of the apparel retailer’s stock valued at $2,165,000 after acquiring an additional 1,622 shares during the period. 85.20% of the stock is currently owned by institutional investors and hedge funds.

lululemon athletica Price Performance

NASDAQ LULU opened at $170.35 on Tuesday. lululemon athletica inc. has a 12 month low of $159.25 and a 12 month high of $423.32. The company has a market capitalization of $20.20 billion, a P/E ratio of 11.58, a PEG ratio of 10.64 and a beta of 1.07. The company’s 50 day simple moving average is $172.77 and its 200 day simple moving average is $221.28.

lululemon athletica (NASDAQ:LULU) last issued 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. The firm 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%. The firm’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same period last year, the firm 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. On average, analysts anticipate that lululemon athletica inc. will post 14.36 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Zacks Research upgraded lululemon athletica from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 4th. Telsey Advisory Group downgraded shares of lululemon athletica from an “outperform” rating to a “market perform” rating and reduced their price objective for the stock from $360.00 to $200.00 in a report on Monday, September 15th. Weiss Ratings reissued a “sell (d+)” rating on shares of lululemon athletica in a research note on Wednesday, October 8th. Truist Financial lowered shares of lululemon athletica from a “buy” rating to a “hold” rating and set a $170.00 price target for the company. in a research note on Friday, September 5th. Finally, TD Securities decreased their price objective on shares of lululemon athletica from $298.00 to $220.00 and set a “buy” rating for the company in a report on Friday, September 5th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, thirty have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, lululemon athletica presently has a consensus rating of “Hold” and an average price target of $228.42.

Insider Activity at lululemon athletica

In related news, insider Nicole Neuburger sold 615 shares of the 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 transaction, the insider owned 8,993 shares in the company, valued at $1,600,754. This trade represents a 6.40% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.54% of the stock is currently owned by corporate insiders.

lululemon athletica Company 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.