Lululemon Athletica (NASDAQ:LULU) Given New $420.00 Price Target at KeyCorp

Lululemon Athletica (NASDAQ:LULU) had its price target raised by equities research analysts at KeyCorp from $400.00 to $420.00 in a note issued to investors on Thursday,BayStreet.CA reports. The brokerage presently has an “overweight” rating on the apparel retailer’s stock. KeyCorp’s price objective would indicate a potential upside of 1.40% from the stock’s previous close. KeyCorp also issued estimates for Lululemon Athletica’s Q4 2025 earnings at $5.88 EPS, FY2025 earnings at $14.40 EPS and FY2026 earnings at $15.73 EPS.

LULU has been the subject of a number of other research reports. Sanford C. Bernstein upgraded shares of Lululemon Athletica from a “market perform” rating to an “outperform” rating and boosted their price objective for the company from $360.00 to $460.00 in a report on Tuesday, January 7th. Guggenheim raised their price objective on Lululemon Athletica from $350.00 to $415.00 and gave the stock a “buy” rating in a research note on Friday, December 6th. UBS Group boosted their target price on Lululemon Athletica from $315.00 to $360.00 and gave the company a “neutral” rating in a research note on Friday, December 6th. William Blair reiterated an “outperform” rating on shares of Lululemon Athletica in a report on Friday, December 6th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on Lululemon Athletica from $292.00 to $396.00 and gave the stock a “hold” rating in a research note on Monday, December 9th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and twenty have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $395.67.

Lululemon Athletica Stock Performance

Shares of LULU stock opened at $414.20 on Thursday. The firm’s 50 day moving average price is $376.79 and its two-hundred day moving average price is $310.85. The stock has a market cap of $50.44 billion, a PE ratio of 29.91, a PEG ratio of 2.68 and a beta of 1.18. Lululemon Athletica has a 52-week low of $226.01 and a 52-week high of $480.94.

Lululemon Athletica (NASDAQ:LULU) last released its quarterly earnings data on Thursday, December 5th. The apparel retailer reported $2.87 EPS for the quarter, beating analysts’ consensus estimates of $2.69 by $0.18. Lululemon Athletica had a return on equity of 42.16% and a net margin of 17.05%. The business had revenue of $2.40 billion during the quarter, compared to the consensus estimate of $2.36 billion. During the same quarter in the prior year, the company posted $2.53 earnings per share. The firm’s revenue was up 9.1% on a year-over-year basis. As a group, sell-side analysts predict that Lululemon Athletica will post 14.36 earnings per share for the current fiscal year.

Insider Activity at Lululemon Athletica

In other Lululemon Athletica news, insider Nicole Neuburger sold 2,022 shares of the firm’s stock in a transaction that occurred on Thursday, December 26th. The shares were sold at an average price of $387.11, for a total transaction of $782,736.42. Following the completion of the sale, the insider now directly owns 6,198 shares in the company, valued at $2,399,307.78. This trade represents a 24.60 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Celeste Burgoyne sold 24,870 shares of the company’s stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $405.54, for a total value of $10,085,779.80. Following the completion of the transaction, the insider now directly owns 12,429 shares in the company, valued at $5,040,456.66. The trade was a 66.68 % decrease in their position. The disclosure for this sale can be found here. 0.48% of the stock is owned by company insiders.

Hedge Funds Weigh In On Lululemon Athletica

Hedge funds have recently bought and sold shares of the business. Geode Capital Management LLC grew its position in shares of Lululemon Athletica by 1.8% during the 3rd quarter. Geode Capital Management LLC now owns 2,474,828 shares of the apparel retailer’s stock worth $669,036,000 after purchasing an additional 44,294 shares in the last quarter. International Assets Investment Management LLC grew its position in Lululemon Athletica by 74,856.2% during the third quarter. International Assets Investment Management LLC now owns 895,726 shares of the apparel retailer’s stock worth $243,055,000 after buying an additional 894,531 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in Lululemon Athletica by 2.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 702,294 shares of the apparel retailer’s stock worth $190,567,000 after buying an additional 19,808 shares in the last quarter. Montrusco Bolton Investments Inc. raised its holdings in Lululemon Athletica by 43.5% in the 3rd quarter. Montrusco Bolton Investments Inc. now owns 611,814 shares of the apparel retailer’s stock valued at $166,016,000 after acquiring an additional 185,440 shares in the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec lifted its position in shares of Lululemon Athletica by 60.4% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 546,162 shares of the apparel retailer’s stock valued at $148,201,000 after acquiring an additional 205,757 shares during the period. 85.20% of the stock is owned by institutional investors.

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.