Groupama Asset Managment Has $1.38 Million Position in lululemon athletica inc. $LULU

Groupama Asset Managment lowered its stake in shares of lululemon athletica inc. (NASDAQ:LULU) by 26.5% during the first quarter, HoldingsChannel reports. The institutional investor owned 4,696 shares of the apparel retailer’s stock after selling 1,692 shares during the quarter. Groupama Asset Managment’s holdings in lululemon athletica were worth $1,376,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Lido Advisors LLC grew its position in lululemon athletica by 1.9% during the fourth quarter. Lido Advisors LLC now owns 1,748 shares of the apparel retailer’s stock worth $668,000 after buying an additional 32 shares in the last quarter. Colonial Trust Co SC boosted its holdings in shares of lululemon athletica by 2.1% in the 4th quarter. Colonial Trust Co SC now owns 1,737 shares of the apparel retailer’s stock valued at $664,000 after purchasing an additional 36 shares in the last quarter. Manhattan West Asset Management LLC boosted its holdings in shares of lululemon athletica by 5.4% in the 1st quarter. Manhattan West Asset Management LLC now owns 724 shares of the apparel retailer’s stock valued at $205,000 after purchasing an additional 37 shares in the last quarter. Horizon Investments LLC boosted its holdings in shares of lululemon athletica by 2.4% in the 1st quarter. Horizon Investments LLC now owns 1,610 shares of the apparel retailer’s stock valued at $456,000 after purchasing an additional 38 shares in the last quarter. Finally, Carolinas Wealth Consulting LLC boosted its holdings in shares of lululemon athletica by 30.7% in the 4th quarter. Carolinas Wealth Consulting LLC now owns 166 shares of the apparel retailer’s stock valued at $63,000 after purchasing an additional 39 shares in the last quarter. Institutional investors and hedge funds own 85.20% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Piper Sandler reduced their target price on lululemon athletica from $270.00 to $200.00 and set a “neutral” rating on the stock in a report on Tuesday, July 29th. Robert W. Baird reduced their target price on lululemon athletica from $340.00 to $260.00 and set an “outperform” rating on the stock in a report on Monday, August 11th. Morgan Stanley reaffirmed an “equal weight” rating and issued a $280.00 target price (down previously from $346.00) on shares of lululemon athletica in a report on Monday, June 9th. BTIG Research reduced their target price on lululemon athletica from $420.00 to $405.00 and set a “buy” rating on the stock in a report on Friday, June 6th. Finally, Evercore ISI raised their target price on lululemon athletica from $320.00 to $400.00 and gave the company an “outperform” rating in a report on Tuesday, June 3rd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $319.98.

lululemon athletica Stock Performance

Shares of LULU opened at $198.12 on Thursday. lululemon athletica inc. has a 52 week low of $185.95 and a 52 week high of $423.32. The stock has a market capitalization of $23.74 billion, a price-to-earnings ratio of 13.42, a PEG ratio of 1.69 and a beta of 1.16. The stock has a fifty day moving average of $220.75 and a 200-day moving average of $282.22.

lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings results on Thursday, June 5th. The apparel retailer reported $2.60 EPS for the quarter, meeting analysts’ consensus estimates of $2.60. lululemon athletica had a return on equity of 43.48% and a net margin of 16.82%.The company had revenue of $2.37 billion during the quarter, compared to analysts’ expectations of $2.36 billion. During the same period in the prior year, the company earned $2.54 EPS. lululemon athletica’s revenue was up 7.3% compared to the same quarter last year. lululemon athletica has set its FY 2025 guidance at 14.580-14.780 EPS. Q2 2025 guidance at 2.850-2.900 EPS. As a group, equities analysts forecast that lululemon athletica inc. will post 14.36 EPS for the current year.

Insider Transactions at lululemon athletica

In related news, CEO Calvin Mcdonald sold 27,049 shares of the firm’s stock in a transaction on Friday, June 27th. The stock was sold at an average price of $235.69, for a total transaction of $6,375,178.81. Following the completion of the transaction, the chief executive officer directly owned 110,564 shares of the company’s stock, valued at $26,058,829.16. This trade represents a 19.66% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.54% of the stock is currently owned by corporate insiders.

About lululemon athletica

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.