Smithfield Trust Co Sells 1,156 Shares of lululemon athletica inc. $LULU

Smithfield Trust Co decreased its holdings in lululemon athletica inc. (NASDAQ:LULU) by 76.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 350 shares of the apparel retailer’s stock after selling 1,156 shares during the period. Smithfield Trust Co’s holdings in lululemon athletica were worth $84,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in LULU. Sandler Capital Management bought a new stake in shares of lululemon athletica during the first quarter valued at approximately $484,000. Twin Capital Management Inc. raised its position in lululemon athletica by 58.3% during the 1st quarter. Twin Capital Management Inc. now owns 3,676 shares of the apparel retailer’s stock valued at $1,041,000 after purchasing an additional 1,354 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of lululemon athletica in the 2nd quarter worth $17,747,000. K.J. Harrison & Partners Inc grew its position in shares of lululemon athletica by 100.1% during the 2nd quarter. K.J. Harrison & Partners Inc now owns 6,002 shares of the apparel retailer’s stock worth $1,426,000 after buying an additional 3,002 shares in the last quarter. Finally, WealthPlan Investment Management LLC grew its position in shares of lululemon athletica by 26.9% during the 1st quarter. WealthPlan Investment Management LLC now owns 7,647 shares of the apparel retailer’s stock worth $2,165,000 after buying an additional 1,622 shares in the last quarter. 85.20% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have issued reports on LULU. Baird R W cut shares of lululemon athletica from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 23rd. UBS Group cut their price objective on shares of lululemon athletica from $240.00 to $185.00 and set a “neutral” rating on the stock in a report on Friday, September 5th. Robert W. Baird reissued a “neutral” rating and issued a $195.00 price objective (down previously from $225.00) on shares of lululemon athletica in a research note on Tuesday, September 23rd. Citigroup dropped their target price on lululemon athletica from $220.00 to $190.00 and set a “neutral” rating on the stock in a research report on Friday, September 5th. Finally, The Goldman Sachs Group cut their price target on lululemon athletica from $232.00 to $200.00 and set a “neutral” rating on the stock in a report on Friday, September 5th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, thirty have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $228.42.

lululemon athletica Price Performance

lululemon athletica stock opened at $169.66 on Friday. lululemon athletica inc. has a 1-year low of $159.25 and a 1-year high of $423.32. The business has a fifty day moving average price of $170.88 and a 200-day moving average price of $219.89. The stock has a market capitalization of $20.12 billion, a price-to-earnings ratio of 11.53, a PEG ratio of 10.64 and a beta of 1.07.

lululemon athletica (NASDAQ:LULU) last released its quarterly earnings results on Thursday, September 4th. The apparel retailer reported $3.10 EPS for the quarter, beating analysts’ consensus estimates of $2.86 by $0.24. The company had revenue of $2.53 billion during the quarter, compared to analysts’ expectations of $2.55 billion. lululemon athletica had a return on equity of 42.05% and a net margin of 16.38%.The firm’s revenue was up 6.5% compared to the same quarter last year. During the same period last year, the business posted $3.15 earnings per share. lululemon athletica has set its FY 2025 guidance at 12.770-12.970 EPS. Q3 2025 guidance at 2.180-2.230 EPS. On average, equities research analysts anticipate that lululemon athletica inc. will post 14.36 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other lululemon athletica news, insider Nicole Neuburger sold 615 shares of the business’s 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 sale, the insider owned 8,993 shares of the company’s stock, valued at approximately $1,600,754. The trade was a 6.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.54% of the company’s stock.

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.