Pursue Wealth Partners LLC Makes New $1.46 Million Investment in lululemon athletica inc. $LULU

Pursue Wealth Partners LLC acquired a new stake in shares of lululemon athletica inc. (NASDAQ:LULUFree Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,225 shares of the apparel retailer’s stock, valued at approximately $1,463,000.

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

Analyst Ratings Changes

A number of research analysts have issued reports on LULU shares. JPMorgan Chase & Co. boosted their price objective on shares of lululemon athletica from $203.00 to $209.00 and gave the company a “neutral” rating in a research report on Tuesday, January 20th. Evercore increased their price target on shares of lululemon athletica from $180.00 to $215.00 in a research note on Friday, December 12th. Daiwa Securities Group lifted their price objective on lululemon athletica from $174.00 to $205.00 and gave the company a “neutral” rating in a research report on Tuesday, December 16th. Needham & Company LLC restated a “hold” rating on shares of lululemon athletica in a research note on Friday, November 21st. Finally, Deutsche Bank Aktiengesellschaft began coverage on lululemon athletica in a research note on Thursday, January 8th. They issued a “hold” rating on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, thirty have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $227.05.

Check Out Our Latest Report on LULU

lululemon athletica Price Performance

Shares of NASDAQ:LULU opened at $176.42 on Friday. The company has a market capitalization of $20.70 billion, a PE ratio of 12.23, a PEG ratio of 11.15 and a beta of 1.01. The business has a fifty day moving average price of $196.09 and a 200-day moving average price of $185.56. lululemon athletica inc. has a 1-year low of $159.25 and a 1-year high of $393.54.

lululemon athletica (NASDAQ:LULUGet Free Report) last announced its quarterly earnings data 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 company had revenue of $2.57 billion for the quarter, compared to the consensus estimate of $2.48 billion. lululemon athletica had a net margin of 15.72% and a return on equity of 39.78%. lululemon athletica’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same period in the prior year, the firm 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. On average, sell-side analysts anticipate that lululemon athletica inc. will post 14.36 earnings per share for the current fiscal year.

Insider Buying and Selling at lululemon athletica

In related news, insider Celeste Burgoyne sold 13,511 shares of the company’s stock in a transaction that occurred 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 of the company’s stock, valued at approximately $1,084,872. This represents a 71.76% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.54% of the stock is owned by company insiders.

lululemon athletica News Roundup

Here are the key news stories impacting lululemon athletica this week:

lululemon athletica Profile

(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.

See Also

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

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