Wealthfront Advisers LLC Has $1.06 Million Position in lululemon athletica inc. $LULU

Wealthfront Advisers LLC lifted its holdings in lululemon athletica inc. (NASDAQ:LULUFree Report) by 163.7% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 5,977 shares of the apparel retailer’s stock after acquiring an additional 3,710 shares during the quarter. Wealthfront Advisers LLC’s holdings in lululemon athletica were worth $1,063,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Geode Capital Management LLC lifted its stake in lululemon athletica by 16.2% in the 2nd quarter. Geode Capital Management LLC now owns 2,960,387 shares of the apparel retailer’s stock worth $700,502,000 after acquiring an additional 413,062 shares in the last quarter. Flossbach Von Storch SE increased its holdings in shares of lululemon athletica by 17.7% in the 3rd quarter. Flossbach Von Storch SE now owns 1,930,831 shares of the apparel retailer’s stock valued at $343,553,000 after purchasing an additional 290,614 shares during the period. Invesco Ltd. increased its holdings in shares of lululemon athletica by 23.3% in the 2nd quarter. Invesco Ltd. now owns 1,710,425 shares of the apparel retailer’s stock valued at $406,363,000 after purchasing an additional 322,816 shares during the period. Mawer Investment Management Ltd. lifted its position in shares of lululemon athletica by 2.8% in the second quarter. Mawer Investment Management Ltd. now owns 1,359,440 shares of the apparel retailer’s stock worth $322,976,000 after purchasing an additional 36,664 shares in the last quarter. Finally, Franklin Resources Inc. boosted its holdings in shares of lululemon athletica by 10.3% during the second quarter. Franklin Resources Inc. now owns 1,055,574 shares of the apparel retailer’s stock worth $250,783,000 after purchasing an additional 98,439 shares during the period. Hedge funds and other institutional investors own 85.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Guggenheim initiated coverage on shares of lululemon athletica in a research note on Wednesday, December 10th. They issued a “neutral” rating on the stock. Telsey Advisory Group restated a “market perform” rating and set a $215.00 price target on shares of lululemon athletica in a report on Monday, January 26th. Stifel Nicolaus reiterated a “hold” rating and set a $210.00 price objective on shares of lululemon athletica in a report on Tuesday, December 30th. Daiwa Securities Group boosted their target price on lululemon athletica from $174.00 to $205.00 and gave the company a “neutral” rating in a research note on Tuesday, December 16th. Finally, JPMorgan Chase & Co. upped their target price on lululemon athletica from $203.00 to $209.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 20th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, thirty have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $227.05.

Check Out Our Latest Stock Analysis on lululemon athletica

lululemon athletica Price Performance

lululemon athletica stock opened at $176.42 on Monday. lululemon athletica inc. has a one year low of $159.25 and a one year high of $393.54. The company’s fifty day moving average price is $196.09 and its two-hundred day moving average price is $185.41. The company has a market capitalization of $20.70 billion, a price-to-earnings ratio of 12.23, a PEG ratio of 11.11 and a beta of 1.01.

lululemon athletica (NASDAQ:LULUGet Free Report) last announced its quarterly earnings results on Thursday, December 11th. The apparel retailer reported $2.59 earnings per share for the quarter, topping analysts’ consensus estimates of $2.22 by $0.37. The company had revenue of $2.57 billion during the quarter, compared to analysts’ expectations of $2.48 billion. lululemon athletica had a return on equity of 39.78% and a net margin of 15.72%.The business’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.53 earnings per share. 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. As a group, sell-side analysts anticipate that lululemon athletica inc. will post 14.36 earnings per share for the current year.

Insiders Place Their Bets

In other lululemon athletica news, insider Celeste Burgoyne sold 13,511 shares of the stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $204.00, for a total transaction of $2,756,244.00. Following the transaction, the insider owned 5,318 shares in the company, valued at $1,084,872. This trade represents a 71.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 0.54% of the company’s stock.

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About lululemon athletica

(Free Report)

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.

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Institutional Ownership by Quarter for lululemon athletica (NASDAQ:LULU)

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