Silverleafe Capital Partners LLC Raises Stock Position in lululemon athletica inc. $LULU

Silverleafe Capital Partners LLC lifted its position in shares of lululemon athletica inc. (NASDAQ:LULU) by 259.1% during the 3rd quarter, Holdings Channel.com reports. The fund owned 3,950 shares of the apparel retailer’s stock after buying an additional 2,850 shares during the period. Silverleafe Capital Partners LLC’s holdings in lululemon athletica were worth $703,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Norges Bank acquired a new position in lululemon athletica during the second quarter worth $217,344,000. Pacer Advisors Inc. grew its stake in lululemon athletica by 2,598.9% in the 3rd quarter. Pacer Advisors Inc. now owns 475,957 shares of the apparel retailer’s stock valued at $84,687,000 after acquiring an additional 458,322 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of lululemon athletica by 16.2% during the 2nd quarter. Geode Capital Management LLC now owns 2,960,387 shares of the apparel retailer’s stock worth $700,502,000 after purchasing an additional 413,062 shares in the last quarter. Alliancebernstein L.P. grew its holdings in lululemon athletica by 9.0% during the 1st quarter. Alliancebernstein L.P. now owns 4,792,294 shares of the apparel retailer’s stock valued at $1,356,507,000 after buying an additional 394,706 shares during the last quarter. Finally, Invesco Ltd. increased its position in lululemon athletica by 23.3% during the second quarter. Invesco Ltd. now owns 1,710,425 shares of the apparel retailer’s stock worth $406,363,000 after buying an additional 322,816 shares in the last quarter. Institutional investors and hedge funds own 85.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on LULU shares. KeyCorp lowered lululemon athletica from an “overweight” rating to a “sector weight” rating in a research note on Tuesday, September 9th. Oppenheimer reaffirmed a “market perform” rating and set a $500.00 price target on shares of lululemon athletica in a research note on Friday, September 5th. Wells Fargo & Company boosted their price objective on shares of lululemon athletica from $160.00 to $175.00 and gave the company an “equal weight” rating in a research report on Friday, December 12th. Weiss Ratings restated a “sell (d+)” rating on shares of lululemon athletica in a research report on Wednesday, October 8th. Finally, Sanford C. Bernstein cut shares of lululemon athletica from an “outperform” rating to a “market perform” rating and set a $190.00 target price for the company. in a research note on Thursday, October 16th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, thirty-two have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, lululemon athletica presently has a consensus rating of “Hold” and a consensus target price of $228.19.

lululemon athletica Price Performance

NASDAQ:LULU opened at $210.37 on Friday. The business’s 50-day moving average is $181.63 and its two-hundred day moving average is $196.06. The firm has a market capitalization of $24.68 billion, a PE ratio of 14.58, a price-to-earnings-growth ratio of 12.98 and a beta of 1.01. lululemon athletica inc. has a 12 month low of $159.25 and a 12 month high of $423.32.

lululemon athletica (NASDAQ:LULU) last announced its earnings results on Thursday, December 11th. The apparel retailer reported $2.59 EPS for the quarter, beating the consensus estimate of $2.22 by $0.37. The business 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%.The company’s revenue was up 7.1% on a year-over-year basis. During the same period last year, the business posted $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. Equities analysts anticipate that lululemon athletica inc. will post 14.36 EPS for the current year.

Insiders Place Their Bets

In related news, insider Celeste Burgoyne sold 13,511 shares of lululemon athletica stock in a transaction on 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 sale, the insider owned 5,318 shares of the company’s stock, valued at $1,084,872. The trade was a 71.76% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Nicole Neuburger sold 615 shares of the company’s stock in a transaction dated Tuesday, September 30th. The shares were sold at an average price of $178.00, for a total transaction of $109,470.00. Following the completion of the transaction, the insider directly 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. Additional details regarding this sale are available in the official SEC disclosure. 0.54% of the stock is currently owned by company insiders.

lululemon athletica Company 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.