W.G. Shaheen & Associates DBA Whitney & Co raised its holdings in lululemon athletica inc. (NASDAQ:LULU – Free Report) by 2.6% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 14,736 shares of the apparel retailer’s stock after buying an additional 369 shares during the quarter. W.G. Shaheen & Associates DBA Whitney & Co’s holdings in lululemon athletica were worth $3,501,000 as of its most recent SEC filing.
Other institutional investors have also recently added to or reduced their stakes in the company. N.E.W. Advisory Services LLC acquired a new position in lululemon athletica in the first quarter valued at approximately $25,000. Cornerstone Planning Group LLC raised its position in shares of lululemon athletica by 506.3% during the first quarter. Cornerstone Planning Group LLC now owns 97 shares of the apparel retailer’s stock worth $26,000 after purchasing an additional 81 shares during the period. Flaharty Asset Management LLC acquired a new position in shares of lululemon athletica during the first quarter worth approximately $29,000. Blue Trust Inc. raised its position in shares of lululemon athletica by 96.8% during the second quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer’s stock worth $29,000 after purchasing an additional 61 shares during the period. Finally, Trust Co. of Toledo NA OH acquired a new position in shares of lululemon athletica during the second quarter worth approximately $30,000. 85.20% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of brokerages have recently weighed in on LULU. Barclays lowered their target price on lululemon athletica from $209.00 to $180.00 and set an “equal weight” rating on the stock in a research report on Friday, September 5th. Baird R W lowered lululemon athletica from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 23rd. Oppenheimer reaffirmed a “market perform” rating and set a $500.00 target price on shares of lululemon athletica in a research report on Friday, September 5th. BTIG Research reissued a “buy” rating and issued a $303.00 price target on shares of lululemon athletica in a research report on Friday, October 17th. Finally, Evercore ISI reissued an “in-line” rating and issued a $180.00 price target (down from $265.00) on shares of lululemon athletica in a research report on Friday, September 5th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, twenty-nine have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, lululemon athletica presently has a consensus rating of “Hold” and an average target price of $228.42.
lululemon athletica Price Performance
Shares of NASDAQ:LULU opened at $170.54 on Monday. The company has a market capitalization of $20.22 billion, a PE ratio of 11.59, a price-to-earnings-growth ratio of 10.64 and a beta of 1.07. The business has a fifty day moving average price of $177.29 and a two-hundred day moving average price of $225.22. lululemon athletica inc. has a 1 year low of $159.25 and a 1 year high of $423.32.
lululemon athletica (NASDAQ:LULU – Get Free Report) last announced its quarterly earnings data on Thursday, September 4th. The apparel retailer reported $3.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.86 by $0.24. The firm had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.55 billion. lululemon athletica had a return on equity of 42.05% and a net margin of 16.38%.The business’s revenue for the quarter was up 6.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.15 EPS. lululemon athletica has set its FY 2025 guidance at 12.770-12.970 EPS. Q3 2025 guidance at 2.180-2.230 EPS. Sell-side analysts anticipate that lululemon athletica inc. will post 14.36 earnings per share for the current year.
Insider Transactions at lululemon athletica
In other lululemon athletica news, 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 value of $109,470.00. Following the completion of the transaction, the insider owned 8,993 shares in the company, valued at $1,600,754. This represents a 6.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.54% of the stock is owned by company insiders.
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.
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