lululemon athletica inc. $LULU Shares Purchased by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. grew its position in shares of lululemon athletica inc. (NASDAQ:LULU) by 6.4% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 81,406 shares of the apparel retailer’s stock after purchasing an additional 4,931 shares during the period. Nomura Asset Management Co. Ltd. owned approximately 0.07% of lululemon athletica worth $19,340,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. N.E.W. Advisory Services LLC purchased a new stake in shares of lululemon athletica in the 1st quarter valued at $25,000. Flaharty Asset Management LLC purchased a new position in lululemon athletica during the 1st quarter valued at about $29,000. Blue Trust Inc. grew its position in lululemon athletica by 96.8% in the 2nd quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer’s stock valued at $29,000 after acquiring an additional 61 shares in the last quarter. Trust Co. of Toledo NA OH purchased a new stake in lululemon athletica during the second quarter worth about $30,000. Finally, Zions Bancorporation National Association UT purchased a new stake in lululemon athletica during the first quarter worth about $31,000. 85.20% of the stock is currently owned by hedge funds and other institutional investors.

lululemon athletica Trading Down 0.1%

Shares of NASDAQ:LULU opened at $163.97 on Wednesday. lululemon athletica inc. has a 52 week low of $159.25 and a 52 week high of $423.32. The company’s 50 day moving average is $170.82 and its two-hundred day moving average is $216.94. The company has a market cap of $19.44 billion, a PE ratio of 11.15, a P/E/G ratio of 10.64 and a beta of 1.07.

lululemon athletica (NASDAQ:LULU) last issued its 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. The firm had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.55 billion. lululemon athletica had a net margin of 16.38% and a return on equity of 42.05%. The company’s revenue was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.15 earnings per share. lululemon athletica has set its FY 2025 guidance at 12.770-12.970 EPS. Q3 2025 guidance at 2.180-2.230 EPS. As a group, equities research analysts expect that lululemon athletica inc. will post 14.36 EPS for the current year.

Wall Street Analyst Weigh In

LULU has been the subject of several recent research reports. Piper Sandler lowered their price objective on shares of lululemon athletica from $200.00 to $165.00 and set a “neutral” rating for the company in a research note on Friday, September 5th. KeyCorp lowered shares of lululemon athletica from an “overweight” rating to a “sector weight” rating in a report on Tuesday, September 9th. Sanford C. Bernstein cut shares of lululemon athletica from an “outperform” rating to a “market perform” rating and set a $190.00 price target for the company. in a research report on Thursday, October 16th. Oppenheimer restated a “market perform” rating and issued a $500.00 price target on shares of lululemon athletica in a research note on Friday, September 5th. Finally, Robert W. Baird reiterated a “neutral” rating and issued a $195.00 price objective (down from $225.00) on shares of lululemon athletica in a research note on Tuesday, September 23rd. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, thirty have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $227.68.

Insider Activity

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

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.