Whelan Financial Acquires New Shares in lululemon athletica inc. $LULU

Whelan Financial acquired a new position in lululemon athletica inc. (NASDAQ:LULU) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,851 shares of the apparel retailer’s stock, valued at approximately $685,000.

Several other institutional investors also recently bought and sold shares of LULU. Geode Capital Management LLC lifted its position in shares of lululemon athletica by 16.2% in the second quarter. Geode Capital Management LLC now owns 2,960,387 shares of the apparel retailer’s stock worth $700,502,000 after buying an additional 413,062 shares during the last quarter. Invesco Ltd. raised its stake in shares of lululemon athletica by 23.3% in the 2nd quarter. Invesco Ltd. now owns 1,710,425 shares of the apparel retailer’s stock valued at $406,363,000 after acquiring an additional 322,816 shares in the last quarter. Flossbach Von Storch SE lifted its holdings in lululemon athletica by 17.0% in the 2nd quarter. Flossbach Von Storch SE now owns 1,640,217 shares of the apparel retailer’s stock worth $389,683,000 after purchasing an additional 238,332 shares during the last quarter. Mawer Investment Management Ltd. lifted its holdings in lululemon athletica by 2.8% in the 2nd quarter. Mawer Investment Management Ltd. now owns 1,359,440 shares of the apparel retailer’s stock worth $322,976,000 after purchasing an additional 36,664 shares during the last quarter. Finally, Franklin Resources Inc. boosted its position in lululemon athletica by 10.3% during the second quarter. Franklin Resources Inc. now owns 1,055,574 shares of the apparel retailer’s stock worth $250,783,000 after purchasing an additional 98,439 shares during the period. 85.20% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft initiated coverage on shares of lululemon athletica in a research report on Thursday, January 8th. They issued a “hold” rating on the stock. BTIG Research reissued a “buy” rating and set a $303.00 target price on shares of lululemon athletica in a research report on Friday, December 12th. Wells Fargo & Company raised their price target on lululemon athletica from $160.00 to $175.00 and gave the company an “equal weight” rating in a research report on Friday, December 12th. The Goldman Sachs Group boosted their price objective on lululemon athletica from $180.00 to $200.00 and gave the stock a “neutral” rating in a research report on Friday, December 12th. Finally, Zacks Research upgraded lululemon athletica from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 4th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, thirty-three have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $228.19.

Insider Buying and Selling

In related news, insider Celeste Burgoyne sold 13,511 shares of the firm’s stock in a transaction 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 completion of the transaction, the insider directly owned 5,318 shares of the company’s stock, valued at $1,084,872. This trade represents a 71.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.54% of the stock is currently owned by company insiders.

lululemon athletica Stock Performance

NASDAQ LULU opened at $201.87 on Monday. lululemon athletica inc. has a twelve month low of $159.25 and a twelve month high of $423.32. The stock has a market cap of $23.68 billion, a PE ratio of 13.99, a PEG ratio of 12.44 and a beta of 1.01. The firm has a 50-day simple moving average of $193.54 and a 200 day simple moving average of $192.08.

lululemon athletica (NASDAQ:LULU) last issued its quarterly earnings results on Thursday, December 11th. The apparel retailer reported $2.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.22 by $0.37. lululemon athletica had a return on equity of 39.78% and a net margin of 15.72%.The firm had revenue of $2.57 billion for the quarter, compared to analyst estimates of $2.48 billion. During the same period in the previous year, the company posted $2.53 earnings per share. The company’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. Research analysts forecast that lululemon athletica inc. will post 14.36 earnings per share for the current fiscal 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.