Pacer Advisors Inc. Grows Holdings in lululemon athletica inc. $LULU

Pacer Advisors Inc. grew its position in shares of lululemon athletica inc. (NASDAQ:LULU) by 2,598.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 475,957 shares of the apparel retailer’s stock after purchasing an additional 458,322 shares during the period. Pacer Advisors Inc.’s holdings in lululemon athletica were worth $84,687,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Flaharty Asset Management LLC acquired a new stake in lululemon athletica during the first quarter worth approximately $29,000. Blue Trust Inc. raised its holdings 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 during the last quarter. Trust Co. of Toledo NA OH purchased a new position in shares of lululemon athletica during the 2nd quarter worth $30,000. Migdal Insurance & Financial Holdings Ltd. boosted its holdings in shares of lululemon athletica by 464.0% during the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 141 shares of the apparel retailer’s stock worth $34,000 after purchasing an additional 116 shares during the last quarter. Finally, MTM Investment Management LLC acquired a new stake in shares of lululemon athletica during the second quarter worth $52,000. Institutional investors and hedge funds own 85.20% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Baird R W lowered lululemon athletica from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 23rd. Stifel Nicolaus lifted their price target on lululemon athletica from $205.00 to $210.00 and gave the company a “hold” rating in a report on Friday, December 12th. The Goldman Sachs Group upped their price objective on shares of lululemon athletica from $180.00 to $200.00 and gave the company a “neutral” rating in a research note on Friday, December 12th. BNP Paribas raised shares of lululemon athletica from a “strong sell” rating to a “hold” rating in a research report on Monday, October 20th. Finally, Piper Sandler boosted their target price on shares of lululemon athletica from $165.00 to $190.00 and gave the company a “neutral” rating in a report on Friday, December 12th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, thirty-two have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $228.19.

lululemon athletica Price Performance

NASDAQ LULU opened at $210.37 on Friday. lululemon athletica inc. has a 1-year low of $159.25 and a 1-year high of $423.32. The firm has a market capitalization of $24.68 billion, a P/E ratio of 14.58, a P/E/G ratio of 12.98 and a beta of 1.01. The business’s 50-day simple moving average is $181.63 and its 200-day simple moving average is $196.06.

lululemon athletica (NASDAQ:LULU) last posted its earnings results on Thursday, December 11th. The apparel retailer reported $2.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.22 by $0.37. lululemon athletica had a net margin of 15.72% and a return on equity of 39.78%. The firm had revenue of $2.57 billion during the quarter, compared to the consensus estimate of $2.48 billion. During the same quarter in the prior year, the company earned $2.53 EPS. The company’s revenue was up 7.1% on a year-over-year basis. 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. On average, equities research analysts expect that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.

Insider Buying and Selling at lululemon athletica

In other news, insider Celeste Burgoyne sold 13,511 shares of the firm’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $204.00, for a total value of $2,756,244.00. Following the transaction, the insider owned 5,318 shares of the company’s stock, valued at approximately $1,084,872. This trade represents a 71.76% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Nicole Neuburger sold 615 shares of the company’s stock in a transaction on Tuesday, September 30th. The stock was sold at an average price of $178.00, for a total transaction of $109,470.00. Following the sale, the insider directly owned 8,993 shares of the company’s stock, valued at approximately $1,600,754. This trade represents a 6.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.54% of the stock is owned by corporate insiders.

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.