Victory Capital Management Inc. Has $88.55 Million Holdings in lululemon athletica inc. $LULU

Victory Capital Management Inc. raised its position in shares of lululemon athletica inc. (NASDAQ:LULU) by 321.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 497,689 shares of the apparel retailer’s stock after purchasing an additional 379,536 shares during the quarter. Victory Capital Management Inc. owned 0.42% of lululemon athletica worth $88,554,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in LULU. Vanguard Group Inc. raised its stake in shares of lululemon athletica by 3.9% during the 3rd quarter. Vanguard Group Inc. now owns 13,782,917 shares of the apparel retailer’s stock worth $2,452,394,000 after purchasing an additional 521,915 shares in the last quarter. Geode Capital Management LLC grew its position in 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 acquiring an additional 413,062 shares in the last quarter. Flossbach Von Storch SE increased its stake in shares of lululemon athletica by 17.7% during the 3rd quarter. Flossbach Von Storch SE now owns 1,930,831 shares of the apparel retailer’s stock worth $343,553,000 after purchasing an additional 290,614 shares during the last quarter. Invesco Ltd. raised its holdings 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 purchasing an additional 322,816 shares in the last quarter. Finally, Mawer Investment Management Ltd. lifted its stake in shares of 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 valued at $322,976,000 after purchasing an additional 36,664 shares during the last quarter. Institutional investors and hedge funds own 85.20% of the company’s stock.

lululemon athletica Stock Performance

Shares of LULU opened at $173.21 on Thursday. The business’s fifty day moving average price is $190.40 and its two-hundred day moving average price is $184.15. The firm has a market capitalization of $20.32 billion, a price-to-earnings ratio of 12.00, a PEG ratio of 10.98 and a beta of 1.00. lululemon athletica inc. has a 52 week low of $159.25 and a 52 week high of $363.88.

lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings data on Thursday, December 11th. The apparel retailer reported $2.59 earnings per share 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 during the quarter, compared to analysts’ expectations of $2.48 billion. During the same period in the previous year, the business posted $2.53 EPS. 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. As a group, research analysts forecast that lululemon athletica inc. will post 14.36 EPS for the current year.

Analyst Upgrades and Downgrades

LULU has been the topic of several research analyst reports. Wells Fargo & Company raised their price target on shares of lululemon athletica from $160.00 to $175.00 and gave the stock an “equal weight” rating in a research report on Friday, December 12th. Telsey Advisory Group reiterated a “market perform” rating and issued a $215.00 price objective on shares of lululemon athletica in a research note on Monday, January 26th. BNP Paribas Exane cut their target price on lululemon athletica from $230.00 to $206.00 and set a “neutral” rating for the company in a research report on Friday, January 23rd. Piper Sandler increased their target price on shares of lululemon athletica from $165.00 to $190.00 and gave the stock a “neutral” rating in a research report on Friday, December 12th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of lululemon athletica in a report on Friday, November 21st. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, thirty have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $226.36.

Insider Activity at lululemon athletica

In related news, insider Celeste Burgoyne sold 13,511 shares of lululemon athletica stock in a transaction 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 completion of the sale, the insider directly owned 5,318 shares of the company’s stock, valued at $1,084,872. The trade was 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 at this link. 0.54% of the stock is currently owned by company 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.