Capricorn Fund Managers Ltd Purchases 3,500 Shares of lululemon athletica inc. $LULU

Key Points

• Capricorn Fund Managers Ltd increased its stake in lululemon athletica by 35% during Q2, owning a total of 13,500 shares worth approximately $3.2 million.
• lululemon athletica reported $3.10 earnings per share, surpassing estimates, with quarterly revenue of $2.53 billion, reflecting a growth of 6.5% year-over-year.
• Analysts have varied opinions on the stock, with price targets ranging from $170 to $500, but the consensus rating is currently "Hold."

Capricorn Fund Managers Ltd lifted its position in shares of lululemon athletica inc. (NASDAQ:LULU - Free Report) by 35.0% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 13,500 shares of the apparel retailer's stock after acquiring an additional 3,500 shares during the quarter. lululemon athletica makes up 1.5% of Capricorn Fund Managers Ltd's investment portfolio, making the stock its 29th largest position. Capricorn Fund Managers Ltd's holdings in lululemon athletica were worth $3,207,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. T. Rowe Price Investment Management Inc. boosted its stake in 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 purchasing an additional 464,186 shares during the period. Nuveen LLC purchased a new stake in shares of lululemon athletica in the 1st quarter valued at about $123,894,000. Alliancebernstein L.P. raised 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 valued at $1,356,507,000 after acquiring an additional 394,706 shares in the last quarter. Price T Rowe Associates Inc. MD raised 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 valued at $1,418,389,000 after acquiring an additional 162,295 shares in the last quarter. Finally, Diamond Hill Capital Management Inc. raised 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 valued at $319,463,000 after acquiring an additional 160,897 shares in the last quarter. Institutional investors own 85.20% of the company's stock.

lululemon athletica Stock Performance

NASDAQ:LULU opened at $175.59 on Friday. The firm has a market capitalization of $20.82 billion, a PE ratio of 11.94, a P/E/G ratio of 11.14 and a beta of 1.07. The stock has a 50-day simple moving average of $187.64 and a two-hundred day simple moving average of $242.05. lululemon athletica inc. has a 52-week low of $159.25 and a 52-week high of $423.32.

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

Insider Transactions at lululemon athletica

In other lululemon athletica news, insider Nicole Neuburger sold 615 shares of the company's stock in a transaction that occurred on 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 document filed with the SEC, which is available at this link. 0.54% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several analysts have weighed in on the company. Morgan Stanley lowered their price target on lululemon athletica from $223.00 to $185.00 and set an "equal weight" rating on the stock in a report on Tuesday. Truist Financial cut lululemon athletica from a "buy" rating to a "hold" rating and set a $170.00 price target on the stock. in a report on Friday, September 5th. Oppenheimer reissued a "market perform" rating and set a $500.00 price objective on shares of lululemon athletica in a report on Friday, September 5th. Citigroup decreased their price objective on lululemon athletica from $220.00 to $190.00 and set a "neutral" rating on the stock in a report on Friday, September 5th. Finally, Weiss Ratings reissued a "sell (d+)" rating on shares of lululemon athletica in a report on Saturday, September 27th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, twenty-six have assigned a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $233.33.

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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