HighPoint Advisor Group LLC Increases Stock Holdings in lululemon athletica inc. $LULU

HighPoint Advisor Group LLC raised its stake in shares of lululemon athletica inc. (NASDAQ:LULU) by 896.0% during the third quarter, Holdings Channel reports. The firm owned 17,142 shares of the apparel retailer’s stock after buying an additional 15,421 shares during the quarter. HighPoint Advisor Group LLC’s holdings in lululemon athletica were worth $3,050,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in lululemon athletica in the second quarter worth $17,747,000. K.J. Harrison & Partners Inc increased its holdings in shares of lululemon athletica by 100.1% during the second quarter. K.J. Harrison & Partners Inc now owns 6,002 shares of the apparel retailer’s stock valued at $1,426,000 after acquiring an additional 3,002 shares in the last quarter. Hussman Strategic Advisors Inc. raised its position in shares of lululemon athletica by 66.7% in the 3rd quarter. Hussman Strategic Advisors Inc. now owns 21,000 shares of the apparel retailer’s stock worth $3,737,000 after purchasing an additional 8,400 shares during the last quarter. U S Global Investors Inc. bought a new position in lululemon athletica in the 2nd quarter worth about $760,000. Finally, Alpha Wealth Funds LLC bought a new position in lululemon athletica in the 2nd quarter worth about $470,000. 85.20% of the stock is owned by hedge funds and other institutional investors.

lululemon athletica Stock Performance

lululemon athletica stock opened at $178.00 on Thursday. lululemon athletica inc. has a one year low of $159.25 and a one year high of $417.11. The stock has a fifty day moving average of $197.41 and a 200 day moving average of $187.79. The stock has a market cap of $20.88 billion, a PE ratio of 12.34, a price-to-earnings-growth ratio of 10.84 and a beta of 1.01.

lululemon athletica (NASDAQ:LULU) last released its quarterly earnings results on Thursday, December 11th. The apparel retailer reported $2.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.22 by $0.37. lululemon athletica had a return on equity of 39.78% and a net margin of 15.72%.The business had revenue of $2.57 billion during the quarter, compared to the consensus estimate of $2.48 billion. During the same period in the previous year, the company posted $2.53 EPS. The business’s quarterly revenue was up 7.1% compared to the same quarter last year. 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 predict that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.

Analysts Set New Price Targets

LULU has been the subject of several recent analyst reports. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $215.00 target price on shares of lululemon athletica in a report on Monday, January 26th. 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 report on Friday, December 12th. Citigroup increased their target price on lululemon athletica from $190.00 to $210.00 and gave the company a “neutral” rating in a research note on Friday, December 12th. Stifel Nicolaus reissued a “hold” rating and issued a $210.00 target price on shares of lululemon athletica in a report on Tuesday, December 30th. Finally, Sanford C. Bernstein downgraded lululemon athletica from an “outperform” rating to a “market perform” rating and set a $190.00 price target on the stock. in a report on Thursday, October 16th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, thirty have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, lululemon athletica presently has a consensus rating of “Hold” and an average target price of $227.05.

Insider Transactions at lululemon athletica

In other lululemon athletica news, insider Celeste Burgoyne sold 13,511 shares of the company’s stock in a transaction that occurred 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 completion of the sale, 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company 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.