Aberdeen Group plc Purchases 3,427 Shares of lululemon athletica inc. $LULU

Aberdeen Group plc increased its stake in lululemon athletica inc. (NASDAQ:LULU - Free Report) by 3.8% during the second quarter, according to its most recent filing with the SEC. The fund owned 93,585 shares of the apparel retailer's stock after buying an additional 3,427 shares during the quarter. Aberdeen Group plc owned 0.08% of lululemon athletica worth $22,234,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in LULU. T. Rowe Price Investment Management Inc. boosted its holdings in shares of lululemon athletica by 151.6% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 770,336 shares of the apparel retailer's stock worth $218,052,000 after buying an additional 464,186 shares during the last quarter. Nuveen LLC purchased a new position in shares of lululemon athletica in the 1st quarter worth about $123,894,000. Alliancebernstein L.P. boosted its holdings in shares of lululemon athletica by 9.0% in the 1st quarter. Alliancebernstein L.P. now owns 4,792,294 shares of the apparel retailer's stock worth $1,356,507,000 after buying an additional 394,706 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in shares of lululemon athletica by 3.3% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,010,908 shares of the apparel retailer's stock worth $1,418,389,000 after buying an additional 162,295 shares during the last quarter. Finally, Diamond Hill Capital Management Inc. boosted its holdings in shares of lululemon athletica by 16.6% in the 1st quarter. Diamond Hill Capital Management Inc. now owns 1,128,607 shares of the apparel retailer's stock worth $319,463,000 after buying an additional 160,897 shares during the last quarter. 85.20% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at lululemon athletica

In other news, insider Nicole Neuburger sold 615 shares of the company's stock in a transaction dated Tuesday, September 30th. The stock was sold at an average price of $178.00, for a total transaction of $109,470.00. Following the sale, the insider directly owned 8,993 shares in the company, valued at $1,600,754. This represents a 6.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 0.54% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on LULU. UBS Group cut their price target on shares of lululemon athletica from $240.00 to $185.00 and set a "neutral" rating on the stock in a report on Friday, September 5th. Bank of America lowered their price objective on lululemon athletica from $210.00 to $185.00 and set a "neutral" rating on the stock in a research note on Friday, September 12th. Truist Financial cut lululemon athletica from a "buy" rating to a "hold" rating and set a $170.00 price objective on the stock. in a research note on Friday, September 5th. Needham & Company LLC restated a "hold" rating and issued a $192.00 price objective on shares of lululemon athletica in a research note on Thursday, September 25th. Finally, BTIG Research restated a "buy" rating and issued a $303.00 price objective on shares of lululemon athletica in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, twenty-six have given a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $232.29.

lululemon athletica Stock Up 1.4%

Shares of LULU opened at $169.85 on Tuesday. The business's 50-day moving average price is $183.75 and its 200-day moving average price is $234.33. lululemon athletica inc. has a twelve month low of $159.25 and a twelve month high of $423.32. The stock has a market cap of $20.14 billion, a PE ratio of 11.55, a P/E/G ratio of 10.47 and a beta of 1.07.

lululemon athletica (NASDAQ:LULU - Get Free Report) last announced its quarterly earnings results on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share for the quarter, beating the consensus estimate of $2.86 by $0.24. lululemon athletica had a return on equity of 42.05% and a net margin of 16.38%.The firm had revenue of $2.53 billion for the quarter, compared to analysts' expectations of $2.55 billion. During the same period in the prior year, the business posted $3.15 earnings per share. The company's revenue was up 6.5% on a year-over-year basis. lululemon athletica has set its FY 2025 guidance at 12.770-12.970 EPS. Q3 2025 guidance at 2.180-2.230 EPS. Analysts expect that lululemon athletica inc. will post 14.36 earnings per share for the current fiscal year.

lululemon athletica Profile

Lululemon Athletica Inc, together with its subsidiaries, designs, distributes, and retails athletic apparel, footwear, and accessories under the lululemon brand for women and men. It offers pants, shorts, tops, and jackets for healthy lifestyle, such as yoga, running, training, and other activities. It also provides fitness-inspired accessories.

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