Intech Investment Management LLC Reduces Holdings in lululemon athletica inc. $LULU

Intech Investment Management LLC decreased its position in shares of lululemon athletica inc. (NASDAQ:LULU) by 24.6% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 10,922 shares of the apparel retailer’s stock after selling 3,567 shares during the quarter. Intech Investment Management LLC’s holdings in lululemon athletica were worth $2,595,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. N.E.W. Advisory Services LLC bought a new position in lululemon athletica during the first quarter worth about $25,000. Flaharty Asset Management LLC purchased a new stake in shares of lululemon athletica during the 1st quarter valued at approximately $29,000. Blue Trust Inc. boosted its holdings in lululemon athletica by 96.8% in the 2nd quarter. Blue Trust Inc. now owns 124 shares of the apparel retailer’s stock worth $29,000 after buying an additional 61 shares during the period. Trust Co. of Toledo NA OH purchased a new position in lululemon athletica in the 2nd quarter valued at approximately $30,000. Finally, Zions Bancorporation National Association UT purchased a new position in lululemon athletica in the 1st quarter valued at approximately $31,000. 85.20% of the stock is currently owned by institutional investors.

Insider Buying and Selling

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 value of $109,470.00. Following the completion of the transaction, the insider owned 8,993 shares of the company’s stock, valued at $1,600,754. The trade was a 6.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.54% of the stock is currently owned by corporate insiders.

lululemon athletica Stock Up 1.3%

Shares of NASDAQ LULU opened at $166.06 on Thursday. The stock’s 50-day simple moving average is $170.87 and its two-hundred day simple moving average is $216.59. lululemon athletica inc. has a twelve month low of $159.25 and a twelve month high of $423.32. The firm has a market capitalization of $19.69 billion, a P/E ratio of 11.29, a P/E/G ratio of 10.64 and a beta of 1.07.

lululemon athletica (NASDAQ:LULU) last issued its quarterly earnings results 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 company’s revenue for the quarter was up 6.5% on a year-over-year basis. During the same quarter last year, the company posted $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. As a group, research analysts anticipate that lululemon athletica inc. will post 14.36 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. Zacks Research upgraded lululemon athletica from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 4th. TD Securities decreased their price objective on lululemon athletica from $298.00 to $220.00 and set a “buy” rating on the stock in a research note on Friday, September 5th. Wells Fargo & Company dropped their price objective on lululemon athletica from $205.00 to $160.00 and set an “equal weight” rating on the stock in a report on Friday, September 5th. Hsbc Global Res downgraded lululemon athletica from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 11th. Finally, Robert W. Baird reiterated a “neutral” rating and set a $195.00 price target (down from $225.00) on shares of lululemon athletica in a research report on Tuesday, September 23rd. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, thirty have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, lululemon athletica currently has a consensus rating of “Hold” and a consensus price target of $227.68.

lululemon athletica Company 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.