Jones Financial Companies Lllp Acquires 5,751 Shares of lululemon athletica inc. $LULU

Jones Financial Companies Lllp grew its stake in shares of lululemon athletica inc. (NASDAQ:LULU) by 103.5% during the third quarter, Holdings Channel reports. The institutional investor owned 11,309 shares of the apparel retailer’s stock after purchasing an additional 5,751 shares during the quarter. Jones Financial Companies Lllp’s holdings in lululemon athletica were worth $1,994,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Geode Capital Management LLC boosted its holdings 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 acquiring an additional 413,062 shares during the period. Flossbach Von Storch SE increased its stake in 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 worth $343,553,000 after purchasing an additional 290,614 shares during the period. Invesco Ltd. lifted its position in lululemon athletica by 23.3% in the second 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 last quarter. Mawer Investment Management Ltd. boosted its stake 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 purchasing an additional 36,664 shares during the period. Finally, Franklin Resources Inc. boosted its stake 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 valued at $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.

Insider Buying and Selling at lululemon athletica

In related news, insider Celeste Burgoyne sold 13,511 shares of the firm’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 transaction of $2,756,244.00. Following the completion of the transaction, the insider owned 5,318 shares of the company’s stock, valued at $1,084,872. This trade represents a 71.76% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.54% of the stock is owned by insiders.

Analysts Set New Price Targets

LULU has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft began coverage on shares of lululemon athletica in a research note on Thursday, January 8th. They issued a “hold” rating on the stock. Guggenheim started coverage on shares of lululemon athletica in a report on Wednesday, December 10th. They issued a “neutral” rating on the stock. BTIG Research reaffirmed a “buy” rating on shares of lululemon athletica in a research note on Thursday, January 22nd. Raymond James Financial reiterated a “strong-buy” rating on shares of lululemon athletica in a report on Thursday, January 22nd. Finally, Jefferies Financial Group cut their target price on lululemon athletica from $200.00 to $185.00 and set a “hold” rating on the stock in a research note on Friday, January 30th. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, thirty have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, lululemon athletica presently has an average rating of “Hold” and a consensus target price of $227.05.

lululemon athletica Stock Performance

Shares of NASDAQ:LULU opened at $172.85 on Monday. The firm has a market capitalization of $20.28 billion, a P/E ratio of 11.98, a P/E/G ratio of 10.92 and a beta of 1.01. The stock has a 50 day moving average price of $196.94 and a 200-day moving average price of $186.80. lululemon athletica inc. has a 52-week low of $159.25 and a 52-week high of $414.14.

lululemon athletica (NASDAQ:LULU) 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 business 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 company’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same quarter last year, the firm 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. On average, equities analysts forecast that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.

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.