ZynergyRetirementPlanningLLC Makes New $534,000 Investment in lululemon athletica inc. $LULU

ZynergyRetirementPlanningLLC acquired a new stake in shares of lululemon athletica inc. (NASDAQ:LULU) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 3,000 shares of the apparel retailer’s stock, valued at approximately $534,000. lululemon athletica accounts for about 0.3% of ZynergyRetirementPlanningLLC’s holdings, making the stock its 16th biggest position.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Czech National Bank increased its stake in shares of lululemon athletica by 2.5% in the 3rd quarter. Czech National Bank now owns 27,699 shares of the apparel retailer’s stock worth $4,928,000 after acquiring an additional 680 shares in the last quarter. M.E. Allison & CO. Inc. purchased a new stake in lululemon athletica in the third quarter worth about $229,000. Congress Park Capital LLC increased its stake in shares of lululemon athletica by 112.6% during the third quarter. Congress Park Capital LLC now owns 2,360 shares of the apparel retailer’s stock valued at $420,000 after purchasing an additional 1,250 shares in the last quarter. Assenagon Asset Management S.A. increased its stake in shares of lululemon athletica by 31.3% during the third quarter. Assenagon Asset Management S.A. now owns 123,311 shares of the apparel retailer’s stock valued at $21,941,000 after purchasing an additional 29,380 shares in the last quarter. Finally, Union Bancaire Privee UBP SA lifted its holdings in shares of lululemon athletica by 82.1% during the third quarter. Union Bancaire Privee UBP SA now owns 1,630 shares of the apparel retailer’s stock valued at $287,000 after purchasing an additional 735 shares during the last quarter. 85.20% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

LULU has been the topic of several recent research reports. JPMorgan Chase & Co. upped their price target on lululemon athletica from $191.00 to $203.00 and gave the stock a “neutral” rating in a research note on Friday, December 12th. Bank of America increased their target price on lululemon athletica from $185.00 to $220.00 and gave the stock a “neutral” rating in a research note on Friday, December 12th. Truist Financial lowered lululemon athletica from a “buy” rating to a “hold” rating and set a $170.00 price target for the company. in a research report on Friday, September 5th. BNP Paribas Exane upped their price target on shares of lululemon athletica from $146.00 to $230.00 and gave the stock a “neutral” rating in a research note on Friday, December 12th. Finally, Barclays raised their price objective on shares of lululemon athletica from $180.00 to $189.00 and gave the company an “equal weight” rating in a research note on Friday, December 12th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, thirty-two have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $228.19.

lululemon athletica Stock Performance

NASDAQ LULU opened at $215.11 on Friday. lululemon athletica inc. has a one year low of $159.25 and a one year high of $423.32. The stock has a 50-day moving average of $177.29 and a 200 day moving average of $199.76. The company has a market capitalization of $25.51 billion, a price-to-earnings ratio of 14.91, a PEG ratio of 12.83 and a beta of 1.01.

lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings results on Thursday, December 11th. The apparel retailer reported $2.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.22 by $0.37. lululemon athletica had a net margin of 15.72% and a return on equity of 39.78%. The firm had revenue of $2.57 billion for the quarter, compared to the consensus estimate of $2.48 billion. During the same quarter last year, the firm posted $2.53 EPS. 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. On average, equities analysts predict that lululemon athletica inc. will post 14.36 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider Celeste Burgoyne sold 13,511 shares of the firm’s stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $204.00, for a total value of $2,756,244.00. Following the transaction, the insider directly owned 5,318 shares in the company, valued at $1,084,872. This trade represents a 71.76% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, 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 $1,600,754. The trade was a 6.40% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.54% of the company’s stock.

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.