Pekin Hardy Strauss Inc. Purchases 19,240 Shares of lululemon athletica inc. $LULU

Pekin Hardy Strauss Inc. raised its holdings in shares of lululemon athletica inc. (NASDAQ:LULU) by 70.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 46,712 shares of the apparel retailer’s stock after purchasing an additional 19,240 shares during the quarter. lululemon athletica makes up approximately 0.8% of Pekin Hardy Strauss Inc.’s portfolio, making the stock its 26th largest holding. Pekin Hardy Strauss Inc.’s holdings in lululemon athletica were worth $8,311,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of LULU. Cornerstone Planning Group LLC grew its position in lululemon athletica by 81.9% during the third quarter. Cornerstone Planning Group LLC now owns 151 shares of the apparel retailer’s stock worth $25,000 after buying an additional 68 shares in the last quarter. Murphy & Mullick Capital Management Corp lifted its holdings in lululemon athletica by 187.5% in the 3rd quarter. Murphy & Mullick Capital Management Corp now owns 161 shares of the apparel retailer’s stock worth $27,000 after buying an additional 105 shares during the period. Tradewinds Capital Management LLC increased its stake in shares of lululemon athletica by 18,400.0% during the third quarter. Tradewinds Capital Management LLC now owns 185 shares of the apparel retailer’s stock valued at $33,000 after buying an additional 184 shares during the period. Migdal Insurance & Financial Holdings Ltd. increased its position in lululemon athletica by 464.0% during the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 141 shares of the apparel retailer’s stock valued at $34,000 after purchasing an additional 116 shares during the period. Finally, Golden State Wealth Management LLC lifted its position in shares of lululemon athletica by 129.4% in the 3rd quarter. Golden State Wealth Management LLC now owns 195 shares of the apparel retailer’s stock worth $35,000 after purchasing an additional 110 shares during the period. Institutional investors own 85.20% of the company’s stock.

lululemon athletica Trading Up 0.4%

NASDAQ LULU opened at $182.88 on Friday. lululemon athletica inc. has a 12 month low of $159.25 and a 12 month high of $372.66. The stock has a market cap of $21.45 billion, a price-to-earnings ratio of 12.67, a PEG ratio of 11.47 and a beta of 1.01. The company’s 50 day moving average is $195.67 and its two-hundred day moving average is $185.10.

lululemon athletica (NASDAQ:LULU) last released its quarterly earnings data 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 firm had revenue of $2.57 billion during the quarter, compared to analyst estimates 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 prior year, the company posted $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. Sell-side analysts forecast that lululemon athletica inc. will post 14.36 EPS for the current year.

Analysts Set New Price Targets

LULU has been the topic of several recent research reports. Zacks Research raised lululemon athletica from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 4th. Deutsche Bank Aktiengesellschaft began coverage on shares of lululemon athletica in a research report on Thursday, January 8th. They issued a “hold” rating on the stock. The Goldman Sachs Group increased their price target on shares of lululemon athletica from $180.00 to $200.00 and gave the stock a “neutral” rating in a research note on Friday, December 12th. Piper Sandler boosted their price objective on shares of lululemon athletica from $165.00 to $190.00 and gave the stock a “neutral” rating in a research note on Friday, December 12th. Finally, Weiss Ratings upgraded shares of lululemon athletica from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, February 5th. Two 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $227.05.

Insider Buying and Selling at lululemon athletica

In other lululemon athletica news, insider Celeste Burgoyne sold 13,511 shares of the firm’s stock in a transaction 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 directly owned 5,318 shares in the company, valued at $1,084,872. This trade represents a 71.76% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 0.54% of the company’s stock.

lululemon athletica 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.