lululemon athletica inc. $LULU Shares Purchased by Pacer Advisors Inc.

Key Points

• Pacer Advisors boosted its stake in lululemon by 2,598.9% in Q3, buying 458,322 shares and now owning 475,957 shares (about 0.40% of the company) valued at roughly $84.7 million.
• lululemon beat Q3 estimates with EPS of $2.59 versus $2.22 and revenue of $2.57B versus $2.48B, and provided FY2025 guidance of $12.920–$13.020 EPS (Q4 guidance $4.660–$4.760).
• Wall Street’s consensus is a Hold with a $228.19 target; institutional investors own 85.2% of the stock while insiders have been selling (Celeste Burgoyne sold 13,511 shares).

Pacer Advisors Inc. boosted its holdings in shares of lululemon athletica inc. (NASDAQ:LULU - Free Report) by 2,598.9% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 475,957 shares of the apparel retailer's stock after purchasing an additional 458,322 shares during the period. Pacer Advisors Inc. owned approximately 0.40% of lululemon athletica worth $84,687,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Brighton Jones LLC acquired a new stake in lululemon athletica during the 4th quarter worth approximately $429,000. CW Advisors LLC purchased a new stake in shares of lululemon athletica in the first quarter valued at about $534,000. Compound Planning Inc. increased its stake in shares of lululemon athletica by 20.1% during the first quarter. Compound Planning Inc. now owns 1,035 shares of the apparel retailer's stock worth $293,000 after acquiring an additional 173 shares during the period. AlphaQuest LLC purchased a new position in lululemon athletica during the first quarter worth about $306,000. Finally, Northwestern Mutual Wealth Management Co. lifted its position in lululemon athletica by 3.9% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 19,119 shares of the apparel retailer's stock valued at $5,412,000 after purchasing an additional 722 shares during the period. 85.20% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on LULU shares. Bank of America boosted their target price on lululemon athletica from $185.00 to $220.00 and gave the stock a "neutral" rating in a research report on Friday, December 12th. Needham & Company LLC reaffirmed a "hold" rating on shares of lululemon athletica in a report on Friday, November 21st. BTIG Research reiterated a "buy" rating and issued a $303.00 price objective on shares of lululemon athletica in a research report on Friday, December 12th. William Blair lowered shares of lululemon athletica from an "outperform" rating to a "market perform" rating in a research report on Friday, September 5th. Finally, Barclays increased their price target on shares of lululemon athletica from $180.00 to $189.00 and gave the company an "equal weight" rating in a report on Friday, December 12th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, thirty-two have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, lululemon athletica presently has a consensus rating of "Hold" and a consensus target price of $228.19.

Insider Buying and Selling

In other news, insider Nicole Neuburger sold 615 shares of the firm's stock in a transaction that occurred on Tuesday, September 30th. The shares were sold at an average price of $178.00, for a total transaction of $109,470.00. Following the completion of the transaction, the insider directly owned 8,993 shares of the company's stock, valued at $1,600,754. This trade represents a 6.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Celeste Burgoyne sold 13,511 shares of lululemon athletica stock in a transaction that occurred on 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 transaction, the insider owned 5,318 shares of the company's stock, valued at $1,084,872. This represents a 71.76% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.54% of the company's stock.

lululemon athletica Stock Down 1.1%

Shares of LULU stock opened at $210.37 on Friday. The stock has a market cap of $24.68 billion, a P/E ratio of 14.58, a P/E/G ratio of 12.98 and a beta of 1.01. lululemon athletica inc. has a fifty-two week low of $159.25 and a fifty-two week high of $423.32. The business has a fifty day simple moving average of $181.63 and a 200-day simple moving average of $196.06.

lululemon athletica (NASDAQ:LULU - Get Free Report) last issued its quarterly earnings data on Thursday, December 11th. The apparel retailer reported $2.59 EPS for the quarter, beating analysts' consensus estimates of $2.22 by $0.37. lululemon athletica had a net margin of 15.72% and a return on equity of 39.78%. The firm had revenue of $2.57 billion for the quarter, compared to analysts' expectations of $2.48 billion. During the same period in the prior year, the company earned $2.53 EPS. The firm'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, sell-side analysts anticipate that lululemon athletica inc. will post 14.36 earnings per share for the current year.

lululemon athletica 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.