Federation des caisses Desjardins du Quebec Buys 2,544 Shares of lululemon athletica inc. $LULU

Key Points

• Federation des caisses Desjardins du Quebec increased its holdings in lululemon athletica by 15.2%, bringing its total to 19,259 shares worth approximately $5.45 million.
• CEO Calvin McDonald sold 27,049 shares of lululemon stock for over $6.37 million, reducing his ownership by nearly 20%.
• Analysts have varied price targets for lululemon shares, with estimates ranging from $260.00 to $360.00, reflecting a generally positive outlook with a consensus rating of "Moderate Buy."

Federation des caisses Desjardins du Quebec lifted its stake in shares of lululemon athletica inc. (NASDAQ:LULU - Free Report) by 15.2% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 19,259 shares of the apparel retailer's stock after buying an additional 2,544 shares during the quarter. Federation des caisses Desjardins du Quebec's holdings in lululemon athletica were worth $5,452,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also bought and sold shares of LULU. GAMMA Investing LLC boosted its holdings in lululemon athletica by 37,062.1% during the 1st quarter. GAMMA Investing LLC now owns 563,006 shares of the apparel retailer's stock worth $159,364,000 after acquiring an additional 561,491 shares during the last quarter. T. Rowe Price Investment Management Inc. boosted its holdings in lululemon athletica by 151.6% during 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 acquiring an additional 464,186 shares during the last quarter. Nuveen LLC purchased a new position in lululemon athletica during the 1st quarter worth $123,894,000. Price T Rowe Associates Inc. MD boosted its holdings in lululemon athletica by 3.3% during 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 acquiring an additional 162,295 shares during the last quarter. Finally, Diamond Hill Capital Management Inc. boosted its holdings in lululemon athletica by 16.6% during 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 acquiring an additional 160,897 shares during the last quarter. Institutional investors and hedge funds own 85.20% of the company's stock.

Insider Transactions at lululemon athletica

In other lululemon athletica news, CEO Calvin Mcdonald sold 27,049 shares of the stock in a transaction on Friday, June 27th. The stock was sold at an average price of $235.69, for a total value of $6,375,178.81. Following the completion of the transaction, the chief executive officer owned 110,564 shares in the company, valued at approximately $26,058,829.16. This represents a 19.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.54% of the company's stock.

lululemon athletica Trading Up 0.2%

Shares of NASDAQ:LULU traded up $0.30 during trading on Monday, reaching $168.10. 13,802,920 shares of the company traded hands, compared to its average volume of 3,044,426. The business's fifty day moving average is $212.64 and its 200-day moving average is $264.68. lululemon athletica inc. has a 52-week low of $162.80 and a 52-week high of $423.32. The firm has a market capitalization of $20.15 billion, a price-to-earnings ratio of 11.43, a P/E/G ratio of 1.60 and a beta of 1.12.

lululemon athletica (NASDAQ:LULU - Get Free Report) last announced its quarterly earnings results on Thursday, September 4th. The apparel retailer reported $3.10 EPS for the quarter, topping analysts' consensus estimates of $2.86 by $0.24. lululemon athletica had a return on equity of 42.05% and a net margin of 16.38%.The company had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.55 billion. During the same quarter last year, the firm posted $3.15 earnings per share. The firm'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. On average, sell-side analysts predict that lululemon athletica inc. will post 14.36 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently weighed in on LULU shares. Robert W. Baird cut their price target on shares of lululemon athletica from $260.00 to $225.00 and set an "outperform" rating on the stock in a report on Friday. 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. Bank of America reissued a "neutral" rating and issued a $210.00 price target (down from $300.00) on shares of lululemon athletica in a report on Friday. Morgan Stanley dropped their price objective on shares of lululemon athletica from $280.00 to $223.00 and set an "equal weight" rating on the stock in a report on Tuesday, August 26th. Finally, Stifel Nicolaus reaffirmed a "hold" rating and set a $205.00 price objective (down from $324.00) on shares of lululemon athletica in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, twenty have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, lululemon athletica presently has an average rating of "Hold" and a consensus price target of $245.79.

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.