Illinois Municipal Retirement Fund Boosts Stake in lululemon athletica inc. $LULU

Illinois Municipal Retirement Fund lifted its holdings in shares of lululemon athletica inc. (NASDAQ:LULU) by 16.4% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 33,232 shares of the apparel retailer’s stock after acquiring an additional 4,683 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in lululemon athletica were worth $7,895,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of LULU. T. Rowe Price Investment Management Inc. grew its stake 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 valued at $218,052,000 after purchasing an additional 464,186 shares in the last quarter. Nuveen LLC acquired a new position in shares of lululemon athletica in the 1st quarter valued at approximately $123,894,000. Alliancebernstein L.P. boosted its stake in shares of lululemon athletica by 9.0% during the 1st quarter. Alliancebernstein L.P. now owns 4,792,294 shares of the apparel retailer’s stock valued at $1,356,507,000 after buying an additional 394,706 shares during the last quarter. Flossbach Von Storch SE boosted its stake in shares of lululemon athletica by 17.0% during the 2nd quarter. Flossbach Von Storch SE now owns 1,640,217 shares of the apparel retailer’s stock valued at $389,683,000 after buying an additional 238,332 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD grew its position in shares of lululemon athletica by 3.3% during the first 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 buying an additional 162,295 shares in the last quarter. Institutional investors and hedge funds own 85.20% of the company’s stock.

Insider Transactions at lululemon athletica

In other news, insider Nicole Neuburger sold 615 shares of the stock in a transaction on Tuesday, September 30th. The stock was sold at an average price of $178.00, for a total value of $109,470.00. Following the completion of the transaction, the insider owned 8,993 shares of the company’s stock, valued at approximately $1,600,754. This represents a 6.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 0.54% of the company’s stock.

lululemon athletica Trading Down 0.3%

Shares of NASDAQ:LULU opened at $169.81 on Wednesday. The firm’s 50 day moving average is $172.16 and its two-hundred day moving average is $220.59. The firm has a market capitalization of $20.14 billion, a P/E ratio of 11.54, a PEG ratio of 10.64 and a beta of 1.07. lululemon athletica inc. has a 52 week low of $159.25 and a 52 week high of $423.32.

lululemon athletica (NASDAQ:LULU) last issued its quarterly earnings data on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.86 by $0.24. lululemon athletica had a return on equity of 42.05% and a net margin of 16.38%.The business had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.55 billion. During the same period in the previous year, the firm posted $3.15 earnings per share. The business’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. Analysts predict that lululemon athletica inc. will post 14.36 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on LULU. Piper Sandler cut their price target on shares of lululemon athletica from $200.00 to $165.00 and set a “neutral” rating on the stock in a report on Friday, September 5th. Oppenheimer restated a “market perform” rating and issued a $500.00 target price on shares of lululemon athletica in a research note on Friday, September 5th. Citigroup reduced their price target on shares of lululemon athletica from $220.00 to $190.00 and set a “neutral” rating on the stock in a research report on Friday, September 5th. Truist Financial downgraded lululemon athletica from a “buy” rating to a “hold” rating and set a $170.00 price target for the company. in a research note on Friday, September 5th. Finally, Bank of America cut their price objective on lululemon athletica from $210.00 to $185.00 and set a “neutral” rating on the stock in a research note on Friday, September 12th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, thirty have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $228.42.

lululemon athletica Company 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.