lululemon athletica inc. $LULU Stock Holdings Raised by Franklin Street Advisors Inc. NC

Franklin Street Advisors Inc. NC raised its stake in lululemon athletica inc. (NASDAQ:LULU) by 0.7% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 95,891 shares of the apparel retailer’s stock after purchasing an additional 698 shares during the period. lululemon athletica accounts for approximately 1.4% of Franklin Street Advisors Inc. NC’s holdings, making the stock its 26th biggest holding. Franklin Street Advisors Inc. NC owned 0.08% of lululemon athletica worth $22,782,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of LULU. N.E.W. Advisory Services LLC acquired a new position in shares of lululemon athletica in the 1st quarter valued at about $25,000. Cornerstone Planning Group LLC boosted its holdings in shares of lululemon athletica by 506.3% in the 1st quarter. Cornerstone Planning Group LLC now owns 97 shares of the apparel retailer’s stock valued at $26,000 after buying an additional 81 shares during the period. Flaharty Asset Management LLC acquired a new position in shares of lululemon athletica in the 1st quarter valued at about $29,000. Zions Bancorporation National Association UT acquired a new position in shares of lululemon athletica in the 1st quarter valued at about $31,000. Finally, Garde Capital Inc. acquired a new position in shares of lululemon athletica in the 1st quarter valued at about $35,000. Institutional investors own 85.20% of the company’s stock.

Insider Buying and Selling

In related news, 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 transaction of $109,470.00. Following the completion of the sale, the insider directly 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 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 currently owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts have recently commented on LULU shares. Barclays decreased their price target on shares of lululemon athletica from $209.00 to $180.00 and set an “equal weight” rating for the company in a report on Friday, September 5th. The Goldman Sachs Group decreased their price target on shares of lululemon athletica from $232.00 to $200.00 and set a “neutral” rating for the company in a report on Friday, September 5th. Dbs Bank reduced their target price on shares of lululemon athletica from $165.00 to $134.00 in a research note on Friday, September 19th. BTIG Research reduced their target price on shares of lululemon athletica from $375.00 to $303.00 and set a “buy” rating for the company in a research note on Friday, September 5th. Finally, JPMorgan Chase & Co. reduced their target price on shares of lululemon athletica from $224.00 to $191.00 and set a “neutral” rating for the company in a research note on Friday, September 5th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, twenty-six have issued a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, lululemon athletica presently has an average rating of “Hold” and a consensus target price of $233.33.

lululemon athletica Trading Down 1.5%

Shares of NASDAQ:LULU opened at $175.59 on Friday. The company has a 50 day moving average of $187.64 and a 200-day moving average of $242.05. The firm has a market cap of $20.82 billion, a P/E ratio of 11.94, a P/E/G ratio of 11.14 and a beta of 1.07. lululemon athletica inc. has a twelve month low of $159.25 and a twelve month high of $423.32.

lululemon athletica (NASDAQ:LULU) last issued its quarterly earnings results on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share for the quarter, topping analysts’ consensus estimates of $2.86 by $0.24. lululemon athletica had a net margin of 16.38% and a return on equity of 42.05%. The company had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.55 billion. During the same period in the prior year, the business posted $3.15 EPS. The business’s revenue for the quarter 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. Equities research analysts forecast that lululemon athletica inc. will post 14.36 EPS for the current year.

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.