NEOS Investment Management LLC Has $8.25 Million Stock Position in lululemon athletica inc. $LULU

NEOS Investment Management LLC raised its position in lululemon athletica inc. (NASDAQ:LULU) by 64.1% during the third quarter, Holdings Channel.com reports. The institutional investor owned 46,378 shares of the apparel retailer’s stock after purchasing an additional 18,119 shares during the quarter. NEOS Investment Management LLC’s holdings in lululemon athletica were worth $8,252,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. M&G PLC raised its stake in shares of lululemon athletica by 32.9% in the third quarter. M&G PLC now owns 303,881 shares of the apparel retailer’s stock valued at $54,091,000 after acquiring an additional 75,247 shares during the last quarter. Zions Bancorporation National Association UT raised its position in lululemon athletica by 23,475.0% in the 3rd quarter. Zions Bancorporation National Association UT now owns 1,886 shares of the apparel retailer’s stock valued at $336,000 after purchasing an additional 1,878 shares during the last quarter. Vanguard Group Inc. boosted its stake in lululemon athletica by 3.9% in the third quarter. Vanguard Group Inc. now owns 13,782,917 shares of the apparel retailer’s stock worth $2,452,394,000 after purchasing an additional 521,915 shares in the last quarter. Tobam boosted its stake in lululemon athletica by 127.1% in the third quarter. Tobam now owns 9,607 shares of the apparel retailer’s stock worth $1,709,000 after purchasing an additional 5,376 shares in the last quarter. Finally, State of New Jersey Common Pension Fund D grew its holdings in shares of lululemon athletica by 3.5% during the third quarter. State of New Jersey Common Pension Fund D now owns 38,745 shares of the apparel retailer’s stock worth $6,894,000 after purchasing an additional 1,309 shares during the last quarter. 85.20% of the stock is owned by institutional investors.

lululemon athletica Stock Performance

Shares of lululemon athletica stock opened at $182.13 on Thursday. lululemon athletica inc. has a 52 week low of $159.25 and a 52 week high of $374.41. The stock has a market capitalization of $21.37 billion, a price-to-earnings ratio of 12.62, a PEG ratio of 11.19 and a beta of 1.01. The firm has a fifty day moving average of $195.75 and a two-hundred day moving average of $185.11.

lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings data on Thursday, December 11th. The apparel retailer reported $2.59 EPS for the quarter, topping analysts’ consensus estimates of $2.22 by $0.37. lululemon athletica had a return on equity of 39.78% and a net margin of 15.72%.The business had revenue of $2.57 billion during the quarter, compared to analysts’ expectations of $2.48 billion. During the same period in the previous year, the firm earned $2.53 earnings per share. The firm’s quarterly revenue was up 7.1% compared to the same quarter last year. 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. As a group, research analysts forecast that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.

Insider Buying and Selling at lululemon athletica

In related news, insider Celeste Burgoyne sold 13,511 shares of the business’s stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $204.00, for a total transaction of $2,756,244.00. Following the completion of the transaction, the insider owned 5,318 shares in the company, valued at approximately $1,084,872. The trade was a 71.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.54% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Citigroup upped their price target on shares of lululemon athletica from $190.00 to $210.00 and gave the stock a “neutral” rating in a research report on Friday, December 12th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of lululemon athletica in a research note on Thursday, January 8th. They issued a “hold” rating for the company. Robert W. Baird increased their price target on shares of lululemon athletica from $195.00 to $210.00 and gave the company a “neutral” rating in a research note on Friday, December 12th. Jefferies Financial Group dropped their price objective on shares of lululemon athletica from $200.00 to $185.00 and set a “hold” rating for the company in a research report on Friday, January 30th. Finally, Zacks Research upgraded lululemon athletica from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 4th. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, thirty have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $227.05.

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.