Jupiter Asset Management Ltd. Acquires Shares of 57,031 lululemon athletica inc. $LULU

Jupiter Asset Management Ltd. acquired a new position in shares of lululemon athletica inc. (NASDAQ:LULU) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 57,031 shares of the apparel retailer’s stock, valued at approximately $13,549,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. N.E.W. Advisory Services LLC bought a new stake in shares of lululemon athletica in the first quarter worth $25,000. Flaharty Asset Management LLC bought a new position in lululemon athletica during the 1st quarter valued at $29,000. Blue Trust Inc. boosted its stake in 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 last quarter. Trust Co. of Toledo NA OH acquired a new position in lululemon athletica during the 2nd quarter worth $30,000. Finally, Zions Bancorporation National Association UT acquired a new stake in shares of lululemon athletica in the 1st quarter valued at about $31,000. 85.20% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at lululemon athletica

In other news, insider Nicole Neuburger sold 615 shares of lululemon athletica stock in a transaction that occurred on Tuesday, September 30th. The stock was sold at an average price of $178.00, for a total transaction of $109,470.00. Following the sale, the insider owned 8,993 shares of the company’s stock, valued at approximately $1,600,754. The trade was a 6.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.54% of the company’s stock.

lululemon athletica Price Performance

Shares of NASDAQ LULU opened at $170.90 on Thursday. The firm has a market capitalization of $20.27 billion, a PE ratio of 11.62, a P/E/G ratio of 10.64 and a beta of 1.07. lululemon athletica inc. has a 1-year low of $159.25 and a 1-year high of $423.32. The business’s fifty day moving average price is $171.61 and its two-hundred day moving average price is $220.24.

lululemon athletica (NASDAQ:LULU) last released its quarterly earnings results on Thursday, September 4th. The apparel retailer reported $3.10 EPS for the quarter, topping the consensus estimate of $2.86 by $0.24. lululemon athletica had a net margin of 16.38% and a return on equity of 42.05%. The business had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.55 billion. During the same quarter in the prior year, the firm earned $3.15 earnings per share. The company’s quarterly revenue was up 6.5% on a year-over-year basis. lululemon athletica has set its FY 2025 guidance at 12.770-12.970 EPS. Q3 2025 guidance at 2.180-2.230 EPS. Equities research analysts expect that lululemon athletica inc. will post 14.36 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on LULU shares. HSBC cut shares of lululemon athletica from a “buy” rating to a “hold” rating and set a $175.00 price target on the stock. in a research report on Thursday, September 11th. Robert W. Baird reaffirmed a “neutral” rating and set a $195.00 target price (down previously from $225.00) on shares of lululemon athletica in a report on Tuesday, September 23rd. KeyCorp downgraded lululemon athletica from an “overweight” rating to a “sector weight” rating in a report on Tuesday, September 9th. BNP Paribas raised lululemon athletica from a “strong sell” rating to a “hold” rating in a research report on Monday, October 20th. Finally, Dbs Bank decreased their price objective on shares of lululemon athletica from $165.00 to $134.00 in a report on Friday, September 19th. One investment 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, the company currently has an average rating of “Hold” and a consensus price target of $228.42.

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.