lululemon athletica inc. $LULU Shares Purchased by Graham Capital Management L.P.

Key Points

• Graham Capital Management L.P. significantly increased its stake in lululemon athletica, acquiring 12,649 additional shares and growing its ownership by 601.8%, resulting in total holdings valued at $4.175 million.
• lululemon athletica reported a 7.3% increase in revenue year-over-year for the recent quarter, with earnings per share meeting estimates at $2.60.
• Analysts have recently lowered their price targets for lululemon athletica, with Barclays adjusting its objective from $270 to $209, while the consensus target price stands at $305.75.

Graham Capital Management L.P. boosted its position in shares of lululemon athletica inc. (NASDAQ:LULU - Free Report) by 601.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,751 shares of the apparel retailer's stock after buying an additional 12,649 shares during the period. Graham Capital Management L.P.'s holdings in lululemon athletica were worth $4,175,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC acquired a new position in shares of lululemon athletica in the fourth quarter valued at approximately $429,000. Fourth Dimension Wealth LLC acquired a new position in shares of lululemon athletica in the fourth quarter valued at approximately $61,000. Lido Advisors LLC increased its holdings in shares of lululemon athletica by 1.9% in the fourth quarter. Lido Advisors LLC now owns 1,748 shares of the apparel retailer's stock valued at $668,000 after purchasing an additional 32 shares during the period. AXA S.A. increased its holdings in shares of lululemon athletica by 11.4% in the fourth quarter. AXA S.A. now owns 76,831 shares of the apparel retailer's stock valued at $29,381,000 after purchasing an additional 7,868 shares during the period. Finally, Aptus Capital Advisors LLC increased its holdings in shares of lululemon athletica by 68.8% in the fourth quarter. Aptus Capital Advisors LLC now owns 1,430 shares of the apparel retailer's stock valued at $547,000 after purchasing an additional 583 shares during the period. Institutional investors and hedge funds own 85.20% of the company's stock.

lululemon athletica Stock Up 3.8%

Shares of LULU traded up $7.56 during trading hours on Thursday, reaching $206.09. 14,432,969 shares of the company traded hands, compared to its average volume of 2,772,305. The stock has a market capitalization of $24.70 billion, a PE ratio of 13.96, a price-to-earnings-growth ratio of 1.74 and a beta of 1.12. lululemon athletica inc. has a fifty-two week low of $185.95 and a fifty-two week high of $423.32. The stock has a fifty day simple moving average of $214.49 and a 200 day simple moving average of $268.61.

lululemon athletica (NASDAQ:LULU - Get Free Report) last posted its quarterly earnings data on Thursday, September 4th. The apparel retailer reported $3.10 EPS for the quarter, beating analysts' consensus estimates of $2.86 by $0.24. lululemon athletica had a return on equity of 43.48% and a net margin of 16.82%.During the same quarter last year, the company earned $3.15 EPS. lululemon athletica has set its FY 2025 guidance at 12.770-12.970 EPS. Q3 2025 guidance at 2.180-2.230 EPS. Research analysts predict that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.

Insider Activity at lululemon athletica

In related 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 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. This trade represents a 19.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.54% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research firms have recently issued reports on LULU. JPMorgan Chase & Co. lowered lululemon athletica from an "overweight" rating to a "neutral" rating and dropped their target price for the company from $303.00 to $224.00 in a report on Tuesday, July 22nd. CICC Research reissued a "market perform" rating and issued a $280.49 target price on shares of lululemon athletica in a report on Monday, June 9th. KeyCorp cut their price objective on lululemon athletica from $400.00 to $350.00 and set an "overweight" rating for the company in a research report on Friday, June 6th. UBS Group reduced their target price on lululemon athletica from $290.00 to $240.00 and set a "neutral" rating for the company in a report on Monday, August 18th. Finally, Robert W. Baird decreased their target price on shares of lululemon athletica from $340.00 to $260.00 and set an "outperform" rating on the stock in a research report on Monday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $303.83.

About lululemon athletica

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.