lululemon athletica inc. $LULU Holdings Lifted by Dimensional Fund Advisors LP

Key Points

• Dimensional Fund Advisors LP increased its stake in lululemon athletica inc. by 10.5%, owning 772,731 shares worth approximately $218.75 million at the quarter's end.
• CEO Calvin McDonald sold 27,049 shares of the company, resulting in a significant 19.66% decrease in his position, now holding shares valued at about $26 million.
• Multiple institutional investors adjusted their holdings in lululemon, with 85.20% of the company now owned by such entities, indicating strong institutional interest in the stock.

Dimensional Fund Advisors LP increased its holdings in shares of lululemon athletica inc. (NASDAQ:LULU - Free Report) by 10.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 772,731 shares of the apparel retailer's stock after acquiring an additional 73,260 shares during the period. Dimensional Fund Advisors LP owned approximately 0.64% of lululemon athletica worth $218,750,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Horizon Investments LLC boosted its position in lululemon athletica by 2.4% during the first quarter. Horizon Investments LLC now owns 1,610 shares of the apparel retailer's stock worth $456,000 after purchasing an additional 38 shares in the last quarter. Sei Investments Co. boosted its position in lululemon athletica by 1.1% during the first quarter. Sei Investments Co. now owns 116,434 shares of the apparel retailer's stock worth $32,958,000 after purchasing an additional 1,223 shares in the last quarter. Kovitz Investment Group Partners LLC boosted its position in lululemon athletica by 4.0% during the first quarter. Kovitz Investment Group Partners LLC now owns 310,743 shares of the apparel retailer's stock worth $87,959,000 after purchasing an additional 11,991 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its position in lululemon athletica by 11.0% during the first quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 27,254 shares of the apparel retailer's stock worth $7,715,000 after purchasing an additional 2,700 shares in the last quarter. Finally, E Fund Management Co. Ltd. boosted its position in lululemon athletica by 96.0% during the first quarter. E Fund Management Co. Ltd. now owns 3,250 shares of the apparel retailer's stock worth $920,000 after purchasing an additional 1,592 shares in the last quarter. Institutional investors and hedge funds own 85.20% of the company's stock.

Insider Activity

In other lululemon athletica news, CEO Calvin Mcdonald sold 27,049 shares of lululemon athletica stock in a transaction on Friday, June 27th. The stock was sold at an average price of $235.69, for a total transaction of $6,375,178.81. Following the sale, the chief executive officer owned 110,564 shares of the company's stock, valued at $26,058,829.16. The trade was a 19.66% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.54% of the company's stock.

lululemon athletica Stock Performance

Shares of LULU stock traded up $9.41 during trading hours on Friday, reaching $207.59. The company had a trading volume of 3,798,546 shares, compared to its average volume of 3,428,189. lululemon athletica inc. has a twelve month low of $185.95 and a twelve month high of $423.32. The company has a market capitalization of $24.88 billion, a P/E ratio of 14.06, a price-to-earnings-growth ratio of 1.69 and a beta of 1.16. The stock's fifty day simple moving average is $219.14 and its 200 day simple moving average is $279.32.

lululemon athletica (NASDAQ:LULU - Get Free Report) last issued its quarterly earnings data on Thursday, June 5th. The apparel retailer reported $2.60 earnings per share for the quarter, meeting analysts' consensus estimates of $2.60. lululemon athletica had a return on equity of 43.48% and a net margin of 16.82%.The firm had revenue of $2.37 billion during the quarter, compared to analyst estimates of $2.36 billion. During the same quarter last year, the firm earned $2.54 EPS. lululemon athletica's quarterly revenue was up 7.3% on a year-over-year basis. lululemon athletica has set its FY 2025 guidance at 14.580-14.780 EPS. Q2 2025 guidance at 2.850-2.900 EPS. As a group, equities analysts expect that lululemon athletica inc. will post 14.36 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have commented on LULU. Truist Financial decreased their target price on lululemon athletica from $297.00 to $290.00 and set a "buy" rating on the stock in a research report on Friday, June 6th. BTIG Research reduced their price objective on lululemon athletica from $420.00 to $405.00 and set a "buy" rating on the stock in a research report on Friday, June 6th. Citigroup reduced their price objective on lululemon athletica from $325.00 to $270.00 and set a "neutral" rating on the stock in a research report on Friday, June 6th. KeyCorp reduced their price objective on lululemon athletica from $400.00 to $350.00 and set an "overweight" rating on the stock in a research report on Friday, June 6th. Finally, UBS Group reduced their price objective on lululemon athletica from $290.00 to $240.00 and set a "neutral" rating on the stock in a research report on Monday, August 18th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $319.98.

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.