Dimensional Fund Advisors LP Buys 319,934 Shares of lululemon athletica inc. $LULU

Key Points

• Dimensional Fund Advisors LP boosted its stake in lululemon by 32.3%, buying 319,934 shares to own 1,311,664 shares (about 1.11% of the company) valued at roughly $233.4 million.
• lululemon beat Q3 expectations with EPS of $2.59 (vs. $2.22 est.) and revenue of $2.57 billion (up 7.1% YoY), and set FY2025 guidance of $12.920–$13.020 EPS.
• Insider Celeste Burgoyne sold 13,511 shares at an average price of $204 (≈$2.76 million), cutting her position by 71.76%.

Dimensional Fund Advisors LP raised its stake in lululemon athletica inc. (NASDAQ:LULU - Free Report) by 32.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,311,664 shares of the apparel retailer's stock after buying an additional 319,934 shares during the period. Dimensional Fund Advisors LP owned 1.11% of lululemon athletica worth $233,394,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. MGO One Seven LLC increased its stake in shares of lululemon athletica by 4.5% during the third quarter. MGO One Seven LLC now owns 1,340 shares of the apparel retailer's stock valued at $238,000 after purchasing an additional 58 shares in the last quarter. Greenleaf Trust boosted its position in shares of lululemon athletica by 2.7% in the 3rd quarter. Greenleaf Trust now owns 2,319 shares of the apparel retailer's stock worth $413,000 after purchasing an additional 62 shares in the last quarter. Cornerstone Planning Group LLC boosted its position in shares of lululemon athletica by 81.9% in the 3rd quarter. Cornerstone Planning Group LLC now owns 151 shares of the apparel retailer's stock worth $25,000 after purchasing an additional 68 shares in the last quarter. IHT Wealth Management LLC grew its stake in shares of lululemon athletica by 1.7% in the 2nd quarter. IHT Wealth Management LLC now owns 4,276 shares of the apparel retailer's stock worth $1,016,000 after buying an additional 73 shares during the last quarter. Finally, Ameritas Investment Partners Inc. grew its stake in shares of lululemon athletica by 0.8% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 9,717 shares of the apparel retailer's stock worth $2,308,000 after buying an additional 77 shares during the last quarter. Institutional investors own 85.20% of the company's stock.

Insiders Place Their Bets

In other lululemon athletica news, insider Celeste Burgoyne sold 13,511 shares of the business's stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $204.00, for a total value of $2,756,244.00. Following the completion of the transaction, the insider owned 5,318 shares of the company's stock, valued at approximately $1,084,872. The trade was a 71.76% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.54% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on LULU shares. Needham & Company LLC reiterated a "hold" rating on shares of lululemon athletica in a research note on Friday, November 21st. The Goldman Sachs Group increased their target price on lululemon athletica from $180.00 to $200.00 and gave the stock a "neutral" rating in a research note on Friday, December 12th. Barclays raised their price target on lululemon athletica from $180.00 to $189.00 and gave the company an "equal weight" rating in a report on Friday, December 12th. Jefferies Financial Group dropped their price target on shares of lululemon athletica from $200.00 to $185.00 and set a "hold" rating on the stock in a research note on Friday, January 30th. Finally, Deutsche Bank Aktiengesellschaft started coverage on shares of lululemon athletica in a research report on Thursday, January 8th. They set a "hold" rating on the stock. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, thirty have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, lululemon athletica presently has a consensus rating of "Hold" and an average target price of $226.36.

lululemon athletica Trading Down 1.8%

lululemon athletica stock opened at $170.13 on Friday. The firm has a market cap of $19.96 billion, a price-to-earnings ratio of 11.79, a PEG ratio of 10.71 and a beta of 1.00. The stock has a fifty day simple moving average of $188.88 and a two-hundred day simple moving average of $183.75. lululemon athletica inc. has a 12 month low of $159.25 and a 12 month high of $348.50.

lululemon athletica (NASDAQ:LULU - Get Free Report) last posted its quarterly earnings results on Thursday, December 11th. The apparel retailer reported $2.59 earnings per share for the quarter, topping the consensus estimate of $2.22 by $0.37. lululemon athletica had a return on equity of 39.78% and a net margin of 15.72%.The firm had revenue of $2.57 billion during the quarter, compared to analysts' expectations of $2.48 billion. During the same quarter in the previous year, the business earned $2.53 earnings per share. The company's revenue was up 7.1% on a year-over-year basis. 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 research 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.

Want to see what other hedge funds are holding LULU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for lululemon athletica inc. (NASDAQ:LULU - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.