EFG Asset Management North America Corp. Purchases 1,659 Shares of lululemon athletica inc. $LULU

EFG Asset Management North America Corp. raised its position in shares of lululemon athletica inc. (NASDAQ:LULU) by 23.9% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 8,588 shares of the apparel retailer’s stock after purchasing an additional 1,659 shares during the quarter. EFG Asset Management North America Corp.’s holdings in lululemon athletica were worth $2,039,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in LULU. Hussman Strategic Advisors Inc. purchased a new position in shares of lululemon athletica in the second quarter worth approximately $2,994,000. K.J. Harrison & Partners Inc boosted its stake in shares of lululemon athletica by 100.1% during the 2nd quarter. K.J. Harrison & Partners Inc now owns 6,002 shares of the apparel retailer’s stock worth $1,426,000 after acquiring an additional 3,002 shares during the last quarter. Westside Investment Management Inc. boosted its stake in shares of lululemon athletica by 15.4% during the 2nd quarter. Westside Investment Management Inc. now owns 420 shares of the apparel retailer’s stock worth $100,000 after acquiring an additional 56 shares during the last quarter. Intellectus Partners LLC grew its position in shares of lululemon athletica by 79.9% during the 2nd quarter. Intellectus Partners LLC now owns 7,323 shares of the apparel retailer’s stock valued at $1,740,000 after acquiring an additional 3,253 shares during the period. Finally, W.G. Shaheen & Associates DBA Whitney & Co increased its stake in shares of lululemon athletica by 2.6% in the 2nd quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 14,736 shares of the apparel retailer’s stock worth $3,501,000 after purchasing an additional 369 shares in the last quarter. Hedge funds and other institutional investors own 85.20% of the company’s stock.

Insider Activity at lululemon athletica

In other lululemon athletica news, insider Nicole Neuburger sold 615 shares of the stock in a transaction dated 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 owned 8,993 shares of the company’s stock, valued at $1,600,754. This represents a 6.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.54% of the stock is owned by company insiders.

lululemon athletica Price Performance

LULU stock opened at $167.59 on Thursday. lululemon athletica inc. has a 1-year low of $159.25 and a 1-year high of $423.32. The business has a 50 day simple moving average of $174.96 and a two-hundred day simple moving average of $223.59. The company has a market capitalization of $19.87 billion, a price-to-earnings ratio of 11.39, a PEG ratio of 10.64 and a beta of 1.07.

lululemon athletica (NASDAQ:LULU) last released its earnings results on Thursday, September 4th. The apparel retailer reported $3.10 EPS for the quarter, topping the consensus estimate of $2.86 by $0.24. lululemon athletica had a net margin of 16.38% and a return on equity of 42.05%. The firm had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.55 billion. During the same quarter in the previous year, the firm earned $3.15 earnings per share. The company’s quarterly revenue was up 6.5% compared to the same quarter last year. lululemon athletica has set its FY 2025 guidance at 12.770-12.970 EPS. Q3 2025 guidance at 2.180-2.230 EPS. Sell-side analysts anticipate that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on LULU. Piper Sandler lowered their target price on lululemon athletica from $200.00 to $165.00 and set a “neutral” rating on the stock in a research report on Friday, September 5th. HSBC cut lululemon athletica from a “buy” rating to a “hold” rating and set a $175.00 price objective on the stock. in a research report on Thursday, September 11th. Oppenheimer reiterated a “market perform” rating and set a $500.00 price objective on shares of lululemon athletica in a research note on Friday, September 5th. UBS Group decreased their target price on shares of lululemon athletica from $240.00 to $185.00 and set a “neutral” rating on the stock in a research note on Friday, September 5th. Finally, William Blair downgraded shares of lululemon athletica from an “outperform” rating to a “market perform” rating in a report on Friday, September 5th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, twenty-nine have issued a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, lululemon athletica currently has an average rating of “Hold” and a consensus price target of $228.42.

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.