ZynergyRetirementPlanningLLC Makes New Investment in lululemon athletica inc. $LULU

ZynergyRetirementPlanningLLC purchased a new position in shares of lululemon athletica inc. (NASDAQ:LULU) during the 3rd quarter, Holdings Channel reports. The institutional investor purchased 3,000 shares of the apparel retailer’s stock, valued at approximately $534,000. lululemon athletica comprises about 0.3% of ZynergyRetirementPlanningLLC’s portfolio, making the stock its 16th biggest position.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Price T Rowe Associates Inc. MD lifted its position in 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 valued at $1,418,389,000 after purchasing an additional 162,295 shares in the last quarter. Alliancebernstein L.P. raised its stake in shares of lululemon athletica by 9.0% in the first quarter. Alliancebernstein L.P. now owns 4,792,294 shares of the apparel retailer’s stock worth $1,356,507,000 after buying an additional 394,706 shares during the period. Geode Capital Management LLC lifted its position in shares of lululemon athletica by 16.2% during the 2nd quarter. Geode Capital Management LLC now owns 2,960,387 shares of the apparel retailer’s stock valued at $700,502,000 after buying an additional 413,062 shares in the last quarter. Invesco Ltd. grew its stake in shares of lululemon athletica by 23.3% during 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 during the period. Finally, Flossbach Von Storch SE grew 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 acquiring an additional 238,332 shares during the period. 85.20% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at lululemon athletica

In other news, insider Celeste Burgoyne sold 13,511 shares of the company’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $204.00, for a total transaction of $2,756,244.00. Following the sale, the insider directly owned 5,318 shares of the company’s stock, valued at $1,084,872. This represents a 71.76% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Nicole Neuburger sold 615 shares of the stock in a transaction that occurred on Tuesday, September 30th. The shares were 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 of the company’s stock, valued at $1,600,754. This represents a 6.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.54% of the stock is owned by corporate insiders.

lululemon athletica Stock Up 3.5%

LULU opened at $215.11 on Friday. The firm has a 50-day simple moving average of $177.29 and a two-hundred day simple moving average of $199.76. lululemon athletica inc. has a 52 week low of $159.25 and a 52 week high of $423.32. The company has a market capitalization of $25.51 billion, a PE ratio of 14.91, a price-to-earnings-growth ratio of 12.83 and a beta of 1.01.

lululemon athletica (NASDAQ:LULU) last issued its earnings results on Thursday, December 11th. The apparel retailer reported $2.59 earnings per share (EPS) for the quarter, topping 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 analysts’ expectations of $2.48 billion. During the same period in the previous year, the firm posted $2.53 earnings per share. The business’s 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. As a group, sell-side analysts expect that lululemon athletica inc. will post 14.36 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages have weighed in on LULU. Rothschild & Co Redburn lowered their price target on shares of lululemon athletica from $230.00 to $160.00 and set a “sell” rating on the stock in a report on Friday, September 12th. The Goldman Sachs Group lifted their target price 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 upgraded lululemon athletica from a “strong sell” rating to a “hold” rating in a research note on Monday, October 20th. Morgan Stanley decreased their price target on lululemon athletica from $223.00 to $185.00 and set an “equal weight” rating on the stock in a report on Tuesday, September 30th. Finally, UBS Group upped their price objective on lululemon athletica from $183.00 to $206.00 and gave the stock a “neutral” rating in a research note on Friday, December 12th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, thirty-two have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $228.19.

About lululemon athletica

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.